LiteFinance celebrates 20 years of success! In honor of the anniversary, the company has launched a unique contest with a prize fund exceeding $1,000,000.
Let’s take a closer look at how to participate in the Challenge, what prizes you can win at different stages, and what you need to do to win them.
The article covers the following subjects:
What is LiteFinance 20th Anniversary Challenge?
The Challenge is a contest in celebration of the company’s 20th anniversary with a prize pool of $1,088,500. The Challenge runs from January 1, 2025 to December 31, 2025. As part of the contest, the company draws weekly and monthly prizes, as well as special super prizes at year-end.
You should accumulate as many points as possible to win prizes. Points are awarded for performing contest activities in the Client Profile and for trading activity, taking into account your trades, copied trades, and your referrals’ trades.
You can trade on the MT4/5 and cTrader terminals and the LiteFinance web platform. Thanks to the ECN technology, the participants of the contest can enjoy spreads from 0 pips and high order execution speed.
The contest allows you to trade any asset to earn points: currency pairs, stocks and stock indices, commodities, and cryptocurrencies. Leverage up to 1:1000 is also available, with its help you can quickly complete the tasks of the Challenge. Do not forget to follow the rules of risk management.
Copied trades are also counted. If you doubt your trading skills, start copying the trades of professionals. Experienced traders usually trade the most liquid assets, allowing you to close trades quickly with a profit and advance in the contest rating faster.
All registered LiteFinance Clients can participate in the contest, with no special registration required.
Prizes
You can get weekly and monthly awards, as well as win a special and annual super prize.
LiteFinance awards 10 cash prizes each week to the top 10 participants in the weekly ranking as follows:
Cash prizes will be credited to the winners’ trading accounts within 3 business days after the announcement of the winners. The prizes are real funds that can be withdrawn or used in trading without restrictions.
Please note that there will be 51 week-long stages of the contest. The first stage starts on January 1, 2025 and ends on January 12, 2025. The last stage starts on December 22, 2025 and ends on December 31, 2025. The remaining stages will last 7 days each from Monday to Sunday.
Each month, 10 cash prizes will be awarded to the top-performing participants in the monthly rating. The monthly stages start on the first day of the calendar month and end on the last day of the month.
At the end of the year, the three participants with the highest number of points over the entire contest period will receive super prizes.
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1st place: $50,000;
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2nd place: $30,000;
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3rd place: $20,000.
LiteFinance will also raffle off special prizes: 20 invitations to a fabulous gala dinner for the winners. 10 invitations will be granted to 10 participants with the highest number of points in the overall ranking. Another 10 invitations will be randomly distributed among the other participants in the top 100 ranking.
How to Earn Points to Win the Challenge?
To gain points and advance in the ranking, you should engage in trading activities. For instance, a deposit of $500 or more will bring you 60 points, while 1 traded lot will give you 10 points.
Please note that the personal rating also takes into account the activity of your new referrals, attracted during the contest period between January 1, 2025 and December 31, 2025. For example, your new referral has deposited $500, bringing you 50 points, and has 1 traded lot, adding 10 points to your overall score, etc. Take into account this opportunity, as it allows you to significantly advance in the ranking and brings you closer to the award!
You can also get 10 points for installing and using the LiteFinance mobile app. This bonus is available once during the contest.
Your activity on social media is also taken into account. You can receive 10 points for subscribing to LiteFinance’s accounts on Facebook, Instagram, Twitter, LinkedIn, Telegram, and YouTube. It means that you can get 60 points during the contest if you subscribe to all the company’s social media.
Rating System in LiteFinance Client Profile
You can track your progress in the contest in the Challenge tab in your Client Profile on the LiteFinance web platform.
The Challenge tab includes four sections: Tasks, Current challenge, Completed challenges, and Terms.
The Tasks section shows your progress in the weekly challenge. All completed tasks will be labeled in each block.
The Current challenge section shows your progress in the weekly and monthly challenges and the annual super challenge. The right side shows how many points you have earned and how many points you need to win the prize.
Here you can see your current position in the ranking and the number of received points, as well as the progress of your rivals and participants who have made it to a winning position. The final results of the weekly and monthly challenges are announced on the last day of the week and month. The date is displayed at the top of the table.
The Completed сhallenges section shows the results of the previous monthly and weekly contest stages. The table shows the top 10 participants, your position, and the positions of your closest rivals. Using the arrows you can switch the contest stages.
In the Terms section, you can read the terms and conditions of the LiteFinance 20th Anniversary Challenge. This section contains information about the points accrual system, conditions for counting deposits and traded lots, and the procedure for determining the winners at different stages of the contest.
Conclusion
Don’t miss your chance to get awesome prizes in honor of LiteFinance’s anniversary! Follow the news and read our blog on the official website. We will tell you how the contest goes, publish interviews with the winners, and reveal all the secrets of how to advance in the ranking quickly.
Best of luck in trading with LiteFinance!
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.