BEST OF THE BEST
New forex contest on demo accounts
The registration for
a new demo account contest with a prize fund of 4000$ is already open.
Trading with LiteForex has become even more profitable and interesting. LiteForex is distributing promo-codes for you to get a 100% bonus.
Hurry up! Promo-codes can be used by a limited number of clients and during a limited period of time.
Bonus funds may be transferred to balance and withdrawn from the account. To do so, a client needs to conduct at least 50 trades with the total volume of at least 30% of the bonus amount. The calculation examples can be found in the table below
|Deposit||Bonus amount (%)||Bonus amount ($)||30% lots of the bonus amount|
It must be noted that:
When counting the total volume of transactions with CFDs NYSE on shares, the volume is multiplied by 0.1.
The volume is 100 times more for Cent accounts.
When adding the bonus funds to the account balance, only the trades conducted by use of the Client’s own funds will be considered (with deduction of credit funds).
When calculating the total volume of closed transactions, we do not consider:
deleted and canceled pending orders;
trades contradicting item 6.10.2 of the 6.10.2 of the "Client Agreement";
transactions resulting in less than 3 points of profit/loss.
trades conducted in the account before a receipt of bonus funds;
trades taken into consideration for transferring another bonus to balance.
If the margin requirement to maintain open positions is less than the amount of bonus funds, the Stop Out will occur as soon as the equity level reduces to the margin requirement level.
If the margin requirement to maintain open positions is higher than or equal to the sum of bonus funds, the Stop Out will occur as soon as the equity level reaches the level of bonus funds, or as soon as the Margin Level reaches the value of 20%
The current state of account is controlled by the server that generates an order to close positions compulsorily in case the Credit Stop Out occurs. The Credit Stop Out is executed at the current market price on the basis of first come, first served.
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.