In this review of LiteForexPros, we warn you that Life Forex Pros is a risky broker and trading with them will result in a painful loss.

The broker claims to be from the United Kingdom but we found out that it is not authorized to provide financial services in the UK. The minimum that they will steal from a victim is a whooping €10,000.

Yet they still claim to be a trustworthy broker. They’ve failed to demonstrate why they should be trusted in the first place, and this is one of the reasons why we warn you against this scam.

If you have lost money in the Lite Forex Pros scam or any other investment fraud, you can join other victims in filing your complaint and recovering your lost funds. This process is quick and easy.

Lite Forex Pros Review: Broker not legit but a scam

As always, a shady broker must tell lies on their website in a bid to win your trust. They’ll tell you how fast execution and quick withdrawals is guaranteed.

In the case of LiteForexPros broker, they insist that their platform guarantees less risk and also provides access to “Trainers and experts”.

They also claim that Lite Forex Pros is currently used by millions of traders and we believe this is false, thanks to this Internet Archives tool that indicates the website of this broker was launched in August 2022.

There is no way a new broker can popular overnight. We also noticed that they installed a script that makes it difficult to track the history of the site such as launch date.

This is because they wish to lie about their experience in the industry. They don’t want us to find out that they started this shady business a couple of weeks ago.

This broker is also providing a lot of information on their website as a means for distracting new traders because this is clearly not in the spirit of transparency.

Most of the marketing material is generic in nature. The broker does not answer critical questions such as whether or not they are regulated.

They also fail to convince us why they should be trusted in the first place.

Lite Forex Pros Review: Broker is not licensed

This shameless broker is not in the list of UK financial regulator. You can check for yourself here to confirm that indeed LiteForexPros is an unregulated broker.

The risk of putting your funds in the hands of an unregulated broker is quite clear. You stand to lose all your money overnight. The website of the UK financial regulator states that the financial Ombudsman can help you out if you get scammed but this only applies to brokers that they regulate.

In the case of unregulated brokers like LiteForexPros, your money will be gone forever if you don’t involve professionals to file a chargeback on your behalf.

Unregulated brokers will trade against you so that you can lose all your deposit on their platform. They are bucket shops meaning that when you lose, all the money goes to them and when you win, they lose money.

As usual, a scammer is in the business of making money. So they will do everything within their means to deplete your account in a manner that looks legitimate since you place your trades and they lose money.

Any person would think that they made the wrong decision on that particular trade when the truth is that the broker is controlling your trades without your knowledge.

Other unregulated brokers will also steal your money right away. Once you transfer funds to them, they block you from ever accessing your trading account.

We currently don’t know which method LiteForexPros is using to defraud investors but one thing we are sure is that you will not like the experience.

The Conclusion of this LiteForexPros broker review

Avoid this broker at all cost because of the risk that comes with using their platform. They can’t guarantee safety of your funds due to their unregulated status.

Another thing to consider is the age of their website. Our investigations have found that the broker is new to this business. They lack industry experience.

They even don’t have consumer reviews just yet. So how did they acquire millions of customers overnight?

Don’t fall for their lies.

As usual, our job is to enlighten you on matters related to getting back your money. If you got scammed, don’t hesitate to start here.