To make your registration easier, here is a complete guide on how to open a trading account at LiteFinance:
- Go to LiteFinance's official website here.
- Select "Open Trading Account".
- You will receive a registration form with the following details:
- Your status: Choose either "Mr" or "Ms"
- E-mail Address: Complete this column with your active e-mail address. This data will be used to activate the client profile on LiteFinance, as well as serve as one of the login data to the Cabinet Client.
- Your Full Name: Fill in the full name according to the identity card, so that in the future, it can simplify the account verification process
- Full Name in Other Alphabet: Filled automatically after you fill in the previous column
- Country of Residence: Complete this field according to the country where you live
- Phone Number: As with the e-mail address, make sure you fill in this column with the phone number that you actively use. Confirmation via SMS will later be used as one of the verification steps.
- Password: Just fill in this column with the password you set yourself
- Confirm Password: Repeat password
- Before completing the registration form, you are required to check the client agreement box. But before taking this step, you should first read the agreement documents provided. You can click "Show" to open a link to the agreement document.
- After studying the client agreement document, please tick the consent box in the registration form
- Click "Continue".
- Next, there is a form to fill in the details of your chosen trading account with:
- Account Type: You can choose Classic, Cent, and ECN accounts. Each account type has specifications that have been adjusted to meet certain trading needs.
- Platform Type: Choose which trading platform you want to use. On Classic and Cent accounts, there are two types of platforms; MT4 and MT5, while if you choose an ECN account, you can only choose MT4.
- Currency: Account currency. A choice of USD, EUR, CHF, and RUB is available on Classic and ECN accounts. Meanwhile, Cent accounts provide a choice of US cents, EU cents, CH centimes, and RU kopecks
- Account Leverage: Selectable leverage levels to support your trading opportunities. Leverage options at LiteFinance vary depending on the account type. In the Classic account, for example, leverage is available between 1:33 and 1:500. But for Cent accounts, you can choose leverage from 1:50 to 1:1000. Then what about ECN accounts? On the account, leverage options range from 1:1 to 1:400
- Check the consent box.
- Click "Open Account".
- You will receive a notification that confirms your registration process has been successful.
- To be able to operate Client Cabinet, confirm the registration via email. Check your email inbox, then click the confirmation link. For the record, apart from including a confirmation link, LiteFinance email also informs login data such as email, password, and activation code. Make a good note of these data so that they can be used to enter the Client Cabinet page
- Next, you will be directed to the account activation page. The activation code will be filled in automatically when you click the confirmation link from the email. But if it hasn't been filled in, please copy the activation code in your email, then paste it into the code field.
- Click "Continue".
- You have successfully opened a trading account with LiteFinance. After completing the above steps, you will gain access to the Client Cabinet or Client Profile page.
- To start trading, you can download the platform and install the application on your PC. You can get the required login data in an email after completing the registration process.
LiteFinance Trading Account Verification Guide
After opening a trading account, you still need to complete the verification process if you want to get full access to LiteFinance's brokerage services. Following are the features that you can enjoy if your trading account has been verified:
- Ease of making bank transfers
- Make transactions via credit/debit card
- Receive contest prizes
- Opening and managing a PAMM account
- Order VPS service
- Using the automatic withdrawal feature up to 100 USD (2 transactions per day)
- Open an OKPAY account
How to verify a LiteFinance account :
- Answer "security questions" by completing the Security column in Client Cabinet
- Fill in the blanks in the "Client profile information" table by pressing the edit button in each column.
- Verify the phone number. Click the word "verify" in the phone status column.
- On the activation page, fill in the blanks according to the code listed below, then click "Send an SMS message".
- After getting the code via SMS, enter the code in the available column:
- Click "Activation".
- In the profile table, the description in the phone status column will change to "Verified".
- In the next step, click the "View/upload" section in the Client identity document column
- To verify your identity, you can upload a scan of your KTP/SIM/Passport. Meanwhile, for verification of residential address, documents that can be uploaded are scans of electricity/water/gas bills or bank statements.
You can upload the documents needed to verify your identity first (KTP/SIM/Passport). If it has been approved, then you can upload proof of residence. For information, you can use this verification step to make deposits/withdrawals via credit card or apply for Islamic account activation (swap-free).