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pro lite-trade

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ANSWER Pro Lite Trade is a fraudulent trading platform falsely claiming to be regulated. We strongly suggest you avoid it at all costs.Pro Lite Trade claims to be run by Prolite Trade Group which has branches in Cyprus, the UK, and the Bahamas. However, this forex brand is not registered with financial regulators in these countries, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB). It also claims a Canadian address but is not listed in the registry of the Investment Industry Regulatory Organization of Canada (IIROC). All these negative signs suggest that Pro Lite Trade is unregulated, which poses a high risk to investors due to a lack of legal protections. It is unequivocally a scam. Traders are advised to steer clear of it and instead choose fully regulated alternatives.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.