What is the Maximum Withdrawal from LiteFinance?
LiteFinance is a global forex and CFD broker that offers a wide range of trading accounts and instruments to suit traders of all experience levels. The maximum withdrawal amount from LiteFinance varies depending on the client's verification status and the payment method used.
Here is a breakdown of the maximum withdrawal limits for LiteFinance clients:
Unverified clients: Unverified clients can withdraw a maximum of $5,000 per day and $10,000 per month.
Verified clients: Verified clients can withdraw a maximum of $50,000 per day and $200,000 per month.
To become a verified LiteFinance client, you must submit the following documents:
A copy of your passport or government-issued ID
A copy of a recent utility bill or bank statement as proof of address
A copy of your credit or debit card (if you plan to deposit or withdraw funds using this method)
Once you have submitted these documents, LiteFinance will review them and verify your account within 24 hours.
In addition to the maximum withdrawal limits, LiteFinance also has a number of other withdrawal fees that traders should be aware of. These fees include:
A fixed fee of $1 per withdrawal
A commission of 0.5% on the withdrawal amount
These fees will be deducted from the amount you withdraw. For example, if you withdraw $1,000, you will be charged a total of $5 in fees ($1 fixed fee + $5 commission).
Overall, LiteFinance's withdrawal limits are competitive with other forex and CFD brokers. However, traders should be aware of the broker's withdrawal fees before opening an account.
Here are some additional things to keep in mind about withdrawing funds from LiteFinance:
Withdrawals are processed within 24 business hours
You can withdraw funds to your bank account, credit or debit card, or e-wallet
You may be required to provide additional documentation to verify your identity before withdrawing funds
If you have any questions about withdrawing funds from LiteFinance, you can contact customer support.
