Score

1.57 /10
Danger

Lite

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

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Website

Score

Regulatory Index0.00

Business Index7.44

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

CY CYSEC
2025-08-14
Warning regarding unregulated entities
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Danger

CY CYSEC
2019-02-11

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Warning: Low score, please stay away! 2
Previous Detection : 2025-10-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Lite · Company summary

Note: Lite's official website: https://lite-options.com/ is currently inaccessible normal.

LiteReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFDs on Stocks, Commodities, Cryptocurrencies
Demo Account/
Leverage/
Spread/
Trading PlatformWeb Trader
Min Deposit$250
Customer SupportPhone: +4 474 18328 074

Lite, an unregulated broker based in the United Kingdom, offers trading on forex and CFDs on ommodities, stocks, and cryptocurrencies via a web trader. The minimum deposit requirement to open a live account is as high as $250.

Pros & Cons

ProsCons
Various trading instrumentsLack of regulation
Multiple account typesUnfunctional website
Non-transparent trading conditions
High fees
High minimum deposit requirement

Is Lite Legit?

No. Lite operates without regulation. It is absolutely not a legitimate platform.

Is Lite Legit?

What Can I Trade on Lite?

Trading AssetAvailable
forex
CFDs
commodities
stocks
cryptocurrencies
indices
bonds
options
ETFs

Account Type

Lite offers three types of accounts: Bronze, Silver, and Gold.

Account TypeMinimum Deposit
Bronze$250
Silver$1 000
Gold$3 000

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Web TraderWeb/
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

Lite accepts payments via Visa, MasterCard, and bank wires.

However, there are some significant fees associated with these transactions. For example, deposits made via Visa or MasterCard are subject to a 5% commission. Additionally, the minimum deposit amount via bank wire is relatively high at $5,000, and there is an upfront fee of $50 for all international bank transfers.

In terms of withdrawals, Lite Options imposes a maintenance fee of 20% on withdrawals or inactive funds. This means that if a client has not made at least one trade and generated turnover, they will be charged a significant fee when withdrawing funds.

Additionally, if a client fails to make any trades in a calendar month, they will be charged a $10 account service fee.

Visa/MasterCard Deposit5% commission
Bank Wire Deposit$50 fee for international transfers, minimum deposit of $5,000
Withdrawal/Inactive Funds20% maintenance fee
Account Service Fee$10 per month for inactive accounts

Deposit and Withdrawal

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