Various online payment systems that offer convenience for traders are essential points in brokerage services. In this regard, LiteForex is constantly bringing out new innovations and adapting to the needs of its traders. Starting June 19, 2019, LiteForex traders can make deposits and withdrawals via Webmoney, which has many advantages.
Webmoney is an online payment alternative that converts fiat currency to electronic currency through the Purse system. The operation of Webmoney is relatively easy and can be accessed via Smartphone, making it suitable for traders with high mobility. The deposit process that takes place instantly and a layered security system make many forex brokers choose to use it. LiteForex is no exception.
Currently, LiteForex broker accepts deposits in WMZ (USD) and WME (Euro), with a minimum transfer of 10 USD. The fee for the deposit is 4.5% and will be returned to the trader's account. Meanwhile, the Withdrawal commission via Webmoney is charged at 2.5%.
LiteForex Presents Various Payment Methods
Along with announcing the addition of Webmoney in the trading method, LiteForex reminds traders that the company does not charge deposit and withdrawal fees. All deposit fees will be compensated and credited directly to the trading account.
Apart from using Webmoney, deposits to LiteForex can be made via local bank transfers (BCA, Bank Mandiri, BNI, BRI), Skrill, and cryptocurrency, to Tokopedia for Indonesian traders. More detailed information about available deposit withdrawal methods can be accessed through LiteForex's official page.
LiteForex is one of the pioneers of Cent accounts in forex trading. This broker frees traders from deposit fees and provides a social trading platform for clients who want to join as signal providers or investors.