SAFE deposit account – earn up to 20% per annum with LiteFinance

SAFE benefits

• Deposit account in US dollars
• Floating rate, up to 20%
• Interest rate depends on your trading volume
• Daily interest payments
• No minimum or maximum deposit limits
• Withdrawals at any time

How does a SAFE account work?

• The client tops up their SAFE account in the Client Profile area using a transfer from their trading accounts or any available payment system.
• The client trades every day or copies trades in their trading account with LiteFinance
• The interest rate is subject to the trading volume the client accomplishes in their trading accounts
• The interest on the money held in a SAFE account is calculated and paid every day

How is a floating interest rate calculated?

Deposit interest depends on the client’s trading volume accomplished in their trading accounts.

The maximum interest rate is 20%.

Floating Interest Rate (FIR,% per annum) is calculated daily according to the formula:

K is the company’s participation factor set at 10.1

L is the number of lots traded and completed in the past 30 days in the client’s trading accounts

T is the current deposit in a SAFE account increased by 5%

The client receives an interest payment daily based on the annual interest rate calculated. The daily interest payment is calculated as follows:

Balance – SAFE account minimum balance on the previous day, for which a daily payment is calculated.

How is deposit interest % generated?

To earn higher interest, the client needs to trade actively. The more lots the client trades, the higher their floating interest rate is.