LiteFinance's 20th Anniversary Challenge
LiteFinance’s 20th Anniversary Challenge offers traders a $1,088,500 prize pool, weekly and monthly cash prizes, and luxurious trips to celebrate two decades of excellence.
Promotion Details
Offer | A share of the $1,088,500 prize pool+ 20 exclusive gala trips |
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How to get | Open a verified LiteFinance account, deposit funds, and trade to accumulate points for the 20th Anniversary Challenge. |
Available to | All Traders of LiteFinance |
Join LiteFinance’s 20th Anniversary Challenge today to compete for $1M+ in cash prizes and exclusive gala trip rewards—sign up now!
LiteFinance 20th Anniversary Challenge
To inaugurate two decades of reliable and innovative service, the international broker LiteFinance has launched an exciting promotion that allows participants to win fantastic withdrawable cash prizes and secure incredible trips to celebrate the company’s twentieth anniversary.
The “20th Anniversary Challenge” is an enticing competition with a total prize pool of over one million dollars, allowing participants to compete to the best of their abilities with the goal of accumulating as many points as possible to win the most coveted prize. There are no restrictions or specific conditions; traders simply need to trade and make deposits to accumulate the necessary points.
Here’s how it works:
- The promo is accessible both to new subscribers and traders who already have a LiteFinance account.
- All accounts are compatible with the initiative. To be considered valid, each real account must be rigorously verified.
- No special registration is required to participate in the challenge. By depositing funds and trading regularly, traders can accumulate the points needed to win a prize.
- Traders can earn points by trading the necessary lots, making deposits, downloading the LiteFinance app, and subscribing to each of LiteFinance’s social media (Facebook, Instagram, X, LinkedIn, Telegram, YouTube)
- The promo is divided into three challenges (weekly, monthly, and final) for a total of 633 cash prizes throughout the contest period with a prize pool of $1,088,500.
- In addition to cash prizes, 20 invitations to a gala to be held in one of the world’s most luxurious cities can be won: the first ten winners of the contest will receive an invitation – 10 more invites will be drawn from the remaining traders who participated.
- The prizes can be withdrawn at any time and without any restrictions.
Join the 20th Anniversary Challenge
Prize Pool
As mentioned earlier, the total prize pool is $1,088,500. The promotion offers weekly, monthly, and annual prizes that will be awarded as follows:
Weekly Prizes: 10 prizes will be awarded each week throughout the promotional period (for a total of 51 weeks).
Rank | Weekly Prizes |
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First place | Five thousand US dollars (5,000 dollars withdrawable) |
Second place | Three thousand US dollars (3,000 dollars withdrawable) |
Third place | Two thousand US dollars (2,000 dollars withdrawable) |
Fourth to tenth place | One thousand US dollars ($1,000 each withdrawable) |
Monthly Prizes: A total of 10 prizes that each trader can win within the 12 months of the contest.
Rank | Monthly Prizes |
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First place | Ten thousand US dollars (10,000 dollars withdrawable) |
Second place | Five thousand US dollars (5,000 dollars withdrawable) |
Third place | Three thousand US dollars (3,000 dollars withdrawable) |
Fourth to tenth place | One thousand US dollars ($1,000 each withdrawable) |
Grand Annual Prize: At the end of the promotional period (lasting a total of one year), three prizes will be awarded to the traders with the best results published in the general ranking.
Rank | Annual Prizes |
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First place | Fifty thousand US dollars (50,000 dollars withdrawable) |
Second place | Thirty thousand US dollars (30,000 dollars withdrawable) |
Third place | Twenty thousand US dollars (20,000 dollars withdrawable) |
Special Prize: 20 trips to participate in a fantastic dinner in honor of both the winners and the company’s anniversary:
- Ten trips awarded to the 10 traders who have accumulated the most points during the entire promotional period.
- Another 10 trips will be drawn among all the traders who have actively participated in the promo without managing to make it into the top 10.
- It is important to note that the trips cannot be exchanged for cash or other exclusive goods and services
- The trader who wins the prize must have all the necessary documentation for the trip before departure. The broker will cover the costs of travel, accommodation, and participation in the gala dinner. The destination will be revealed at the end of the contest.
Join the 20th Anniversary Challenge
Point Allocation
To accumulate as many points as possible and make their way up the rankings to win coveted prizes, participants will need to trade regularly throughout the promotional period. Each trader can participate in the promo either personally or through a qualified manager. Based on the lots traded, deposits made, and other methods, the trader can earn a certain number of points:
- Regular trading.
- Each participant can earn up to 10 points for each lot traded (opened and closed during the promotional period). In this way, they will have the opportunity to earn up to a max of 100 points a week on the first 10 lots traded. Subsequently, 1 point will be awarded for each closed lot.
- Deposits
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- With deposits between $250 and $499.99, the client will receive 50 points and can earn up to a max of 100 points a week for the first two deposits (from $250 to $499.99). On subsequent deposits, 5 points will be awarded for each transaction.
- With deposits of $500 or more, the trader can earn 60 points, up to a total weekly of 120 points for the first two deposits (always over $500). Subsequently, for each $500 deposit made, the trader will receive 6 points.
- Referral deposits (traders who entrust funds to professionals in the field)
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- For deposits from $250 to $499.99, 20 points will be awarded, up to a max of 60 points weekly for the first three deposits made. Subsequently, the trader will earn 2 points for each deposit.
- For deposits equal to or greater than $500, it will be possible to receive 50 points. Each participant will have the opportunity to earn up to a max of 100 weekly points on the first two $500 or higher deposits of the referral.
- Trading activity of the referral
- For each lot traded by a referee, 10 points will be credited. At this rate, each trader can receive up to a max of 50 weekly points for the first 5 lots traded. Afterward, 1 point will be credited for each traded lot (opened and closed).
- Reviews and social network activities
- By subscribing to all LiteFinance accounts on social networks (Facebook, Instagram, X, LinkedIn, Telegram, YouTube), the participant can receive a bonus of 10 points. It will be possible to win a max of 60 points for all registrations made during the contest period.
- Installation and use of the LiteFinance app.
- By downloading and regularly using the innovative mobile trading app offered by the broker, each trader can receive 10 points. The app is compatible with both iOS and Android devices.
The volumes of closed lots will be calculated in 100,000 USD per lot. It is important to specify that the calculation of trading volumes varies based on the type of instruments traded and can be calculated as follows:
Instrument | Calculation |
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Forex Majors | Trading volume in lots × Contract size × Base exchange rate / 100,000 |
Forex Cross Rates | Trading volume in lots × Contract size × Price × Base exchange rate / 100,000 |
Commodities | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 |
Commodities quoted in currencies other than the US dollar | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 × Quoted exchange rate |
NYSE and NASDAQ stocks | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 |
EU stocks | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 × Quotation exchange rate |
HKEX stocks | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 × Quotation exchange rate |
Cryptocurrencies quoted in USD | Volume × Contract size / 100,000 × Market price |
Cryptocurrencies quoted in BTC | Volume × Contract size / 100,000 × Market price × BTCUSD |
US indices | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 |
Indices quoted in currencies other than the US dollar | Trading volume in lots × Contract size × Asset price (opening price) / 100,000 × Quotation exchange rate |
Join the 20th Anniversary Challenge
LiteFinance
A leader in online trading, LiteFinance is an ECN broker that offers traders a highly secure and innovative environment to trade a wide range of instruments (including Forex, precious metals, stocks, indices, cryptocurrencies, and crude oil) with trading conditions that few can offer.
Regarded by clients as an indispensable partner for tackling markets efficiently, LiteFinance provides access to markets without any intermediaries, lightning-fast execution speed, direct interaction with high-level liquidity providers, and cutting-edge tools easily usable by any trader.
Characteristics | Lite Finance |
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Regulations | CySEC Securities and Exchange Commission of Cyprus – Financial Services Commission (FSC) of the Republic of Mauritius – Financial Services Authority of St. Vincent and the Grenadines (SVG) |
Demo Account | Available |
Minimum Deposit | Starting from $50 |
Maximum Leverage | 1:1000 (varies based on the instrument and the country of residence of the trader) |
Platforms | MetaTrader 4, MetaTrader 5, Webtrader, cTrader, LiteFinance App |
Negative Balance Protection | Available |
Available Instruments | Forex, precious metals, stocks, indices, cryptocurrencies, and crude oil |
Social Trading and Copy Trading | Available |
Stop Out Level | Starting at 20% (varies based on the country of residence) |
Margin Call | Starting at 100% (varies based on the country of residence) |
Spreads | Variable starting from 0.0 pips (varies based on the type of account and the selected instrument) |
Trading Commissions | Starting from zero (varies based on the account) |
Deposit Commissions | None |
Withdrawal Commissions | Vary based on the selected payment method |
Available Accounts | ECN Account, Classic Account |
Swap-Free Account (Islamic Account) | Available |
Educational Material | Available |
Promotions and Contests | Available (availability depends on the region and country of residence) |
Available Accounts
As previously illustrated, the promo is compatible with all accounts offered by the broker, so the trader can choose the most suitable for their needs and trade to the best of their ability on global markets. Despite the account list not being particularly extensive, the available accounts have been carefully designed to meet the needs of any level of experience or trading requirement.
To participate in the initiative, all accounts must be rigorously verified. The trader will need to provide all necessary documentation to prove their identity and country of origin.
The accounts available with LiteFinance are as follows:
- ECN Account.
- Classic Account.
Open a real account with LiteFinance
ECN Account
An account type created exclusively for experienced traders who need certain conditions and tools to make the most of any investment opportunity, the ECN account proposes professional trading with the highest performance. The client will have the opportunity to access markets without any intermediaries, interacting directly with excellent liquidity providers and leveraging raw prices without manipulation. Spreads starting from 0 pip, small trading commissions, and leverage up to 1:1000.
Characteristics | ECN Account |
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Spread | Variable starting from 0.0 pip |
Commission | Starting from $0.25 per lot |
Order Execution | Market |
Platform | MT4 – MT5 |
Maximum Leverage | 1:1000 |
Base Currency of the Account | USD – EUR |
Minimum Deposit | $50 |
Swap-Free Option (Islamic Account) | Available |
Cryptocurrency Trading | Available |
Contract Size | $100,000 |
Minimum Step | 0.01 |
Minimum Trading Volume | 0.01 lots |
Maximum Volume | 100 lots |
Maximum Number of Orders | 500 |
Margin Call | 100% |
Stop Out | 20% |
Open an ECN account with LiteFinance
Classic Account
An account with characteristics compatible with any category of trader, the “Classic” type account offers a standardized trading approach that allows traders of any category to trade optimally on the markets. Both beginners and experts in the sector will be able to access the markets easily, creating trading strategies with contained costs and limited risks. Spreads reduced to a minimum, no commissions, and a minimum deposit of only $50.
Characteristics | Classic Account |
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Spread | Variable starting from 1.8 pip |
Commission | Zero |
Order Execution | Market |
Platform | MT4 – MT5 |
Maximum Leverage | 1:1000 |
Base Currency of the Account | USD – EUR |
Minimum Deposit | $50 |
Swap-Free Option (Islamic Account) | Available |
Cryptocurrency Trading | Available |
Contract Size | $100,000 |
Minimum Step | 0.01 |
Minimum Trading Volume | 0.01 lots |
Maximum Volume | 100 lots |
Maximum Number of Orders | 300 |
Margin Call | 100% |
Stop Out | 20% |
Open a Classic account with LiteFinance
How to Open a New Live Account with LiteFinance
The process that allows traders to open a new account with the broker is simple, fast, and especially secure. In a short time, the interested trader will be able to access the registration pages, follow the simple guided procedures to fill out the registration forms, choose the most suitable account, and make a deposit to start investing.
To open a new account, just follow these very simple steps:
- First step.
- To begin, the trader will need to access the official website of the broker and click on the “Register” icon located at the top right of the screen. On the new page, fill in the first form by entering the country of residence, email, and date of birth. Carefully read and accept the terms and conditions of use, create a password, and click on “continue”. The broker will send a confirmation code. Enter the code in the central space visible on the screen and click on “Check”. Viewing the new page, it will be necessary to provide your phone number and click on “Continue”. Check your smartphone and enter the confirmation code sent via SMS.
- Second step.
- Now the trader will need to fill out forms to provide more detailed information such as: first name, last name, gender, nickname, nationality, and place of birth. Click on “Continue”
- Third step.
- In this stage of the registration the trader will need to:
- Provide information about: own financial status, motivations for opening a trading account, trading preferences (e.g. forex, commodities, crypto, etc.), amount of funds to invest, source of funds, work sector, job role, financial obligations (such as rent, bills, bank loans, etc.).
- Answer a questionnaire that will allow the broker to assess the level of trading experience.
- Be fully aware of the risks in trading: download and fill out the trading risk form. Send it to the broker.
- Last step.
- The trader will have to undergo a verification to prove their real identity and country of origin. To do this, they will need to send a clear front and back photo of a valid identification document and a recent utility bill (electricity, gas, internet) in the account holder’s name containing the complete address. If deemed suitable, the trader will have the opportunity to select the most suitable account, make a deposit, and start investing.
Join the 20th Anniversary Challenge
FAQs of the promotion
- What is the LiteFinance 20th Anniversary Challenge?
- The LiteFinance 20th Anniversary Challenge is a promotional event celebrating two decades of the broker’s service, offering over $1 million in cash prizes and trips to a gala event.
- Who can participate in the 20th Anniversary Challenge?
- Both new subscribers and existing customers with rigorously verified real accounts at LiteFinance can participate in the challenge.
- Is there a registration fee for the challenge?
- No special registration is required; traders automatically participate by trading and making deposits.
- How can participants earn points in the challenge?
- Points can be earned by trading the required lots, making deposits, downloading the LiteFinance app, and following LiteFinance on social media platforms.
- What are the types of prizes offered in the challenge?
- The challenge offers cash prizes and 20 invitations to a gala event. The cash prizes are withdrawable and distributed through weekly, monthly, and final contests.
- How is the total prize pool distributed?
- The total prize pool of $1,088,500 is distributed across 633 prizes over weekly, monthly, and a grand annual challenge.
- Can the prizes be withdrawn?
- Yes, all cash prizes are withdrawable without any restrictions.
- What are the special gala trip prizes?
- 20 gala trip prizes are awarded, including trips for the top ten point earners and ten additional drawn from participating traders, to attend a luxury gala event in a prestigious city.
- Are there any trading restrictions or conditions to win prizes?
- There are no specific trading restrictions or conditions; traders need to accumulate points through regular trading activities and deposits.
- How can traders increase their chances of winning?
- Traders can increase their chances by actively trading, making regular deposits, using the LiteFinance app, and engaging with LiteFinance on various social media platforms to accumulate more points.