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Pro Lite Trade
Regulators:
https://prolite-trade.com/
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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