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LiteForex's Fees Reimbursement Campaign: Open Till the End of April

Seychelles-based broker, LiteForex, announced yesterday evening that it'll be expanding its bonus offering to clients with a brand new Fees Reimbursement promotion. The campaign will be running till the end of April and for those of you who are just tired of seeing your money shrink a little each time you make a deposit, LiteForex promises to restore every fee you pay during this time period back to your account.

A similar deal was launched just a few weeks ago by Hirose Financial UK Ltd. Clients of the company now receive reimbursement for their deposit commissions as quick as one day after they've recharged their accounts. The London-based broker allows for 5 ways to transfer funds: by wire transfer, debit/credit card, through PayPal and the recently added option of Moneybookers. Commissions are, of course, varying but just to give you an idea of the kind of money you'll be saving, let us point out that if you're paying by Visa or MasterCard, from 2 to 2.5% of your deposit will be withheld by the financial institution.
In the case of LiteForex, money transfer commissions are even higher so it would appear that their fees reimbursement promotion will come quite in handy. You get multiple options of recharging your account electronically and while two of the services are free, OKPay and LiqPay, the rest are paid. Moneybookers (Skrill) charges the most – 0.29 Euros plus a 3.5% commission per deposit. Very over-priced for an online wallet, we'd say.
Your other means of payment with LiteForex is by Bank Wire. Clearly, there's a different commission for each bank. Also, bear in mind that the minimum you're allowed to invest is $100. Well, the $100 requirement stands but at least you won't be paying anything extra.
At last, you also get to pay by credit or debit card. LiteForex tries to serve the needs of clients from all walks of life so we get all the big financial services out there – Visa, Maestro, American Express, Diners Club – as well as a few like Irish Laser and Italian CartaSi that are perhaps less well known internationally. If you'll be depositing via a debit card, the minimum amount one needs to transfer is $10 and the fee is 0.29 Euros + 3.5% commission. If you're credit card user, though, minimum investable amount is $1, 0% fee for LiqPay users and $0.29 + 1.7% incoming payment fee for Moneybookers.
All in all, if you decide to take advantage of LiteForex's promotion, it'll sure save you some cash. To prospective clients, we'd say that this broker is a reliable one and by and large we haven't received a bad comment about them on our website. Still, one needs to consider the fact that there is no real financial regulatory body on the Seychelles. So weigh the risks and don't make any hasty decisions.
TAGS: liteforex  fees reimbursement  hirose uk  promotion  bonus  deposit 

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