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LiteFinance fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: CySEC (093/08); Mauritius FSC (GB20025921); international SVG entity incorporated but not locally licensed as a securities dealer. How LiteFinance is regulated

Facts last checked . Read the full LiteFinance review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.9 pips, ECN
GBP/USD spread
Approx. 1.1 pips, ECN
Commission
$5 per lot on major/cross FX; $6 minor FX
All-in cost, EUR/USD
Approx. 1.4 pips
Spread type
Variable
Overnight swap
Both: overnight swaps may be charged or credited; swap-free accounts available
Inactivity fee
$10 every 30 days after 3 months inactivity
Deposit fee
None internally; payment-system fees generally reimbursed under Zero Fees promotion
Withdrawal fee
Method-dependent
Currency conversion
Conversion at applicable exchange rate

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

LiteFinance lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about LiteFinance fees

Does LiteFinance charge to deposit or withdraw?

Deposit fees at LiteFinance: None internally; payment-system fees generally reimbursed under Zero Fees promotion. Withdrawal fees: Method-dependent.

Does LiteFinance charge an inactivity fee?

LiteFinance's inactivity fee is recorded as $10 every 30 days after 3 months inactivity.

What does LiteFinance charge to hold a position overnight?

Overnight financing at LiteFinance is recorded as both: overnight swaps may be charged or credited; swap-free accounts available.

Fees at brokers under the same regulator

More about LiteFinance