Beyond Next Level

The bonus system “Beyond Next Level” from LiteForex will afford you an exceptional opportunity to double your deposit, as you can get a bonus of 100% as a loan and use it as an additional margin to boost your deposit and capitalize on the Forex market. The bonus system works just like a bank loan and you even can choose a loan term.

To take advantage of the unheard-of system “Beyond Next Level”, you need to pay $1000 or more into your trading account LITE or REAL and enable the option "Loan 100% Bonus" at the first step. Choose the most convenient period of use of the bonus and make your deposit twice as big with the 100% bonus from LiteForex!

  • The terms of the provision of the loan in the amount of 100%
    • 1. A bonus in the amount of 100% may be provided as a loan within the framework of the Beyond NextLevel promotion for a one-time deposit of at least $1000.
    • 2. The loan may be paid into newly opened accounts LITE or REAL. The maximum leverage on the LITE accounts amounts to 1:500, on REAL accounts - to 1:200.
    • 3. The promotion "Beyond Next Level" applies solely to the clients whose personal profile is fully verified.
    • 4. Accounts opened through the system MultiRebate may not partake in this promotion. An account into which the loan in the amount of 100% has been paid may not participate in any other promotion provided by the LiteForex Company.
    • 5. The 100% loan shall not be provided for a transfer between a client’s trading accounts.
    • 6. To obtain the 100% loan, a client shall open a new account via Client’s Profile and choose the Account Status “Beyond Next Level - Loan 100% Bonus” at the first step. Then, at the next step when depositing in this account, a period of use of the 100% bonus shall be chosen.
    • 7. The 100% bonus may be provided for the following periods at the following administrative costs:
      • for 3 months at the rate of 12% per annum
      • for 6 months at the rate of 15% per annum
      • for 9 months at the rate of 18% per annum
      • for 12 months at the rate of 20% per annum
    • 8. A client may have only one current loan. The next 100% loan may be granted at the company’s discretion provided that the whole of the principal and the interest under the previous loan arrangement has been paid.
  • Work principles
    • 9. The Client undertakes to pay a part of the principal and the corresponding interest amount every month.
      The monthly payment calculation is done according to the following formula:
       MONTHLY_PAYMENT = (CREDIT + SUM_ADMINISTRATIVE_COST) / LOAN_TERM
      Where      SUM_ADMINISTRATIVE_COST = Credit × administrative cost % / 100%
      The monthly interest will be deducted from the balance; the principal amount will be deducted from the credit funds.
    • 10. The monthly payment shall be deducted every 30 days from the moment of receipt of the 100% loan. In the event that necessary funds are not available on the account on the repayment day, the client undertakes to deposit in his trading account a sum necessary to repay interest. In the absence of regular monthly repayment at the moment of deduction and in the event of a delay in repaying interest which exceeds 5 business days, the account will be blocked. The number of deposits within the framework of the promotion Beyond NextLevel is not limited.
  • Funds withdrawal
    • 11. The funds cannot be withdrawn from the account during the first third of the loan period that you have chosen:
      • If the loan period amounts to 3 months, the funds cannot be withdrawn during 1 month from the moment of receipt of the loan;
      • If the loan period amounts to 6 months, the funds cannot be withdrawn during 2 months from the moment of receipt of the loan;
      • If the loan period amounts to 9 months, the funds cannot be withdrawn during 3 months from the moment of receipt of the loan;
      • If the loan period amounts to 12 months, the funds cannot be withdrawn during 4 months from the moment of receipt of the loan;
    • 12. Upon the expiration of the first third of the loan period, withdrawals are possible solely on condition that the client refuses to use the 100% loan. Limitations on funds withdrawal from the trading account will be fully removed solely after the end of the loan period. Thus, withdrawals are only possible if the loan has been fully repaid or in the event of refusal to use the loan. The refusal can be enabled solely after the expiry of the first third of the loan period.
    • 13. Early withdrawal of funds from the trading account is possible only under the following conditions:
      • Expiry of the first third of the loan period (item 12);
      • Client’s refusal to use the loan in the future.
  • Other important terms
    • 14. In order to decline further use of the loan, the client must use the corresponding option on the page “Account Statistics” within his Client’s Profile, provided that there are no current open transactions on the account where the loan has been granted.
    • 15. The refusal of the loan implies cancellation of the whole loan amount (100%), deduction of current monthly interest and removal of limitations on withdrawals.
    • 16. The volume of transactions conducted by use of credit funds solely may not be considered when calculating affiliate commission.
    • 17. Loan funds may be used as additional margin to increase trading capital. Trading by use of solely loan funds is prohibited.
    • 18. The 100% loan may not be transferred between trading accounts or withdrawn from the account.
  • Company's authority
    • 19. The LiteForex Company reserves the right to request the Client’s further identity information. Should the Client refuse to provide this information or the documents to verify his identity and address of residence, LiteForex reserves the right to cancel at any time bonus funds as well as cancel the results of any transactions conducted by use of bonus funds.
    • 20. LiteForex reserves the right to refuse credit provision or cancel at any time and with no reason given a loan deposited earlier as well as to cancel the results of any transactions conducted by use of credit funds.

      If there is a suspicion that loan funds have been used for fraudulent purposes,

      • the loan shall be cancelled;
      • the transactions conducted by use of loan funds shall be cancelled;
      • the whole interest amount for the whole loan period shall be deducted.
    • 21. The company has the right to correct the results of a client’s trades on suspicion of bonus hunting activities or any other fraudulent actions as to bonus funds. A part of a trading result which was earned by use of bonus funds shall be cancelled. An insufficient trading activity in the account, such as execution of a single high-volume trade or several trades of lower volume conducted at the same rate and at nearly the same time, which represents a subdivision of a big trade into smaller ones, may serve as the reason for revising the results. As a rule, there is no sufficient trading history in such accounts. In case of detecting such trades, the Company may cancel the bonus at any time and without preliminary notice.
    • 22. LiteForex may amend the conditions of the promotion “Beyond NextLevel” or suspend the provision of 100% loans at any time and without any special notice.
    • 23. The conditions of work with the 100% loan will be considered as accepted by the client as soon as the loan is deposited in the client’s trading account.