Legal Documents

Prior to applying for an account, the Client should consider carefully whether trading in the Forex markets and the use of other services offered by the Company, is suitable for him in the light of his circumstances and financial resources and the risks described herein. Trading in the Forex and other capital markets is considered risky and speculative. The leverage available in trading means that a relatively small movement can lead to a proportionately much larger movement in the size of any loss or profit. It can work against you as well as for you and lead to large losses as well as gains. The relevant markets for Trading are characterized as high volatile markets, which inherits high risk, and may cause high loses to the deposit funds, and in a short period of time. The company is not and will not, in ANY way, be responsible to the trades executed, or not executed, by the Client. The Client is ultimately responsible for all of the losses suffered in their account. As a consequence, the Client should be prepared to lose all the funds which he has deposited. The Client is also responsible for losses that exceed its profits and deposits. The Client should never fund his trading activities with retirement savings, loans, mortgages, emergency funds, funds set aside for purposes such as education or homeownership, or funds required for current income or present or future medical expenses. Trading requires in-depth knowledge of the relevant markets, trading techniques and strategies. Therefore, a high level of investment and trading experience is necessary. No guarantees are offered or represented by the Company regarding the returns that can be expected from Trading. The Client must know and follow the rules and regulations applicable to the Company’s Trading services as set forth in the documents and agreements delivered to and signed or approved (by way of internet approval) by the Client. Not following the rules and regulations applicable to Trading or any other applicable regulation may result in forced closure of positions (“Trades”), temporary freezing of the Client’s account, closing the account and/or other actions necessary for the protection of the Company. Transaction Costs May Reduce Profit Taking. Be aware that every time an individual trade is placed, the Company profits from the Ask/Bid Spread. These transaction costs are a major cause of Traders not being able to increase their trading size and developing as a trader. The total daily/monthly/yearly commissions may add to losses and/or significantly impact and reduce profits. Use of Leverage or Margin May be a Speculative and Costly Strategy. Trading using Margin is generally used by traders as a way to increase their purchasing power in order to be able to open a larger position without paying for it in full. Trading on leverage or margin, or the use of leverage generally, may result in losses beyond the initial investment or deposit. Extreme caution should be exercised relative to the Client’s use of a margin account. Knowledge of Our Software Programs. The Client must be knowledgeable in the use and functionality of the Trading software provided by the Company, or by any third-party provider, in order to correctly interpret account information and to be able to place orders correctly. The Client shall be responsible for all orders placed in his account, regardless of his understanding of the system functionality. If the Client does not have a complete understanding of the way the system operates, he should not trade before obtaining the required knowledge. Overnight Positions are considered Risky. Holding large positions, especially after the close of the relevant market (or in any case of cease of commerce, corporate events, freeze of trading on a security etc.), may result in considerable losses. Opening prices (next day or renew of commerce) can be significantly different from the previous closing prices; such prices changes may also significantly change the result of stop-loss orders. *The company doesn’t offer CFD and CFD-like options to UK customers

You declare strict abidance to AML (Anti Money Laundering) regulations. You agree that the Company may implement regulations and procedures to adhere to AML regulations at its sole discretion. Credit card deposits should be made only from personal (non-corporate) credit cards registered under your name. Refunds and withdrawals will be executed only to the credit card from which the funds were originally deposited. The Company, at its sole discretion, shall have the right to pay amounts above the original deposit to a bank account in your name and held in your country of domicile. Corporate credit cards will not be accepted. Depositing by wire shall be made only from a bank account in your country of domicile and from an account in your name. Refunds and withdrawals in case of a deposit by wire shall be executed to the same account where the deposit was originally been wired from. According to generally acceptable AML rules and regulations, withdrawals must be performed only through the same bank account or credit/debit card that you used to deposit the funds. Unless we agree otherwise, withdrawals from the Account may only be made in the same currency in which the respective deposit was made. Furthermore, when it comes to withdrawals, clients may be required to present additional information and documents. Besides, when you deposit or withdraw money for trading purposes using alternative payment methods, you should be aware that additional fees and restrictions may apply. Without derogating the foregoing, The Company may execute withdrawals to a different facility than the one used for the deposit, subject to Anti Money-Laundering regulations. On every deposit of funds, we will ask our traders to send us for the following documents to validate your account, within eight (8) business days. A photocopy of your valid passport, driver’s license, or national identification card A utility bill or bank statement from the last three months with your address clearly shown A copy of the front and back sides of the Credit Card. *For the Credit Card we need to see first 6 and 4 last digits on the front and hide the CVV on the back, the backside must be signed). *You will need to send us this information for every card you use to make a deposit

KYC DOCUMENTATION COLLECTION
The first step to start trading is to open an account and this process, simple as it is, requires you to enter some personal data such as your first and last name, email, and phone number. Additional details, as well as proof of identity, may be required of you at any time. litecapital will maintain the privacy of all your data we collect, including age, occupation or marital status. You may be required to provide copies of ID, passport, and photograph, under any policies, laws or regulations that require such documents to be delivered. Furthermore, in some jurisdiction you may also need to submit financial information, investment experience, and risk tolerance, all as may be required under the law. To have unrestricted access to the trading account and be able to trade with ease, these documents and information may be required. There is no obligation on your part to submit them, but if you don’t, you won’t be able to open the account and trade online. Additionally, it is important to keep us informed about your data as soon as something important changes, so your profile will always be up to date, and as required under any law. We collect this information to administer and operate services, prevent fraud, defend our legal rights and for the purpose of compliance with regulations regarding the services we provide. litecapital Market's policies guarantees that your personal information will not be sold, rented or traded, and won’t be disclosed unless the following conditions occur or for the purposes set out above. We share information with the associated firms and other persons processing your personal information or with banks and clearinghouses to deliver the products and services you need for trading. When there is any suspicion of fraud or breach regarding the trading performed by the user, this policy allows us to disclose your private data as needed, including credit reference and fraud prevention agencies. The same applies to the national and international enforcement bodies and courts when they require this kind of information, as laws and regulations demand. When there is any suspicion of fraud or breach regarding the trading performed by the user, this policy allows us to disclose your private data as needed, including credit reference and fraud prevention agencies. The same applies to the national and international enforcement bodies and courts when they require this kind of information, as laws and regulations demand.

PREVENTION:
Aims to ensure the integrity of any sensitive data it obtains, such as your account information and the transactions you make, using a variety of security measures and fraud controls. Securing your electronic transactions requires us to be provided with certain data from you, including your preferred deposit method.