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Pro Lite Trade
Operating status: SCAM
Broker violations and abnormal records
Pro Lite Trade potrays itself as a legitimate broker. It claims to be operated by Prolite Trade Group, including Prolite Trade Financial Services Limited in Cyprus, Prolite Trade UK Limited in the UK, and Prolite Trade Global Markets Ltd in the Bahamas.
However, our search for these companies in the registers of relevant financial regulators, such as the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB), didn't yield any results. This means it is not financially registered in these countries.
Furthermore, Pro Lite Trade claims to have an address in Cananda, which is why we searched for it in the registry of the Investment Industry Regulatory Organization of Canada (IIROC). Likewise, no matching entries are included in the register.
In essence, Pro Lite Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Pro Lite Trade is unequivocally a scam.
Pro Lite Trade potrays itself as a legitimate broker. It claims to be operated by Prolite Trade Group, including Prolite Trade Financial Services Limited in Cyprus, Prolite Trade UK Limited in the UK, and Prolite Trade Global Markets Ltd in the Bahamas.However, our search for these companies in the registers of relevant financial regulators, such as the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB), didn't yield any results. This means it is not financially registered in these countries.Furthermore, Pro Lite Trade claims to have an address in Cananda, which is why we searched for it in the registry of the Investment Industry Regulatory Organization of Canada (IIROC). Likewise, no matching entries are included in the register.In essence, Pro Lite Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Pro Lite Trade is unequivocally a scam.https://prolite.club/ is a new web address created by Pro Lite Trade to solicit investors. Please beware of this scam and stay away from it.
https://prolite.club/ is a new web address created by Pro Lite Trade to solicit investors. Please beware of this scam and stay away from it.
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