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Pro Lite Trade

WikiFX | 2026-04-20 23:44

Abstract:Pro Lite Trade, founded in 2023, is a new brokerage registered in Canada. The trading instruments it provides cover Forex, Commodities, Indices, Cryptocurrencies, Shares and so on. The company provides demo account for practicing and 5 tiered accounts for the different needs of customer groups. But it is currently unregulated and lacks security.

Pro Lite TradeReview Summary
Founded2023
Registered Country/RegionCanada
RegulationNo regulation
Market InstrumentsForex, Commodites, Indices, Cryptocurrencies, Shares
Demo Account✔
LeverageUp to 1:500
Spread1 pips
Trading PlatformVertexFX
Min Deposit$200
Customer SupportPhone: +19254938137
Email: support@prolite-trade.com
Physical Address:Bell Tower, 10104, 202 103 Ave NW, Edmonton, AB T5J 0H8, Canada.Ground floor, the catalyst, silicon avenue, 40 cybercity, Mauritius.

Pro Lite Trade Information

Pro Lite Trade, founded in 2023, is a new brokerage registered in Canada. The trading instruments it provides cover Forex, Commodities, Indices, Cryptocurrencies, Shares and so on. The company provides demo account for practicing and 5 tiered accounts for the different needs of customer groups. But it is currently unregulated and lacks security.

Pro Lite Trade Information

Pros and Cons

Pros Cons
Demo accounts and Tiered accountsNo regulation
Economic calendar availableNegative review from clients
Commission-freeHigh minimum deposit
No MT4/5 trading platform

Is Pro Lite Trade Legit?

It is clear that Pro Lite Trade, which was registered in 2023 and is currently unregulated, is new and insecure.

Is Pro Lite Trade Legit?
Is Pro Lite Trade Legit?

What Can I Trade on Pro Lite Trade?

Pro Lite Trade offers traders the opportunity to trade Forex, Commodites, Indices, Cryptocurrencies and Shares.

Tradable InstrumentsSupported
Stocks✔
Precious metals & Commodities✔
Indices✔
Cryptocurrencies✔
Options❌
Futures❌
Derivatives❌
Structured Products❌
CFDS❌
Bonds❌
Funds❌
ETFs❌
What Can I Trade on Pro Lite Trade?

Account Types

Pro Lite Trade offers a demo account, Pro Lite Trade also offers 5 tiered live accounts, all with commission-free structure.

The minimum initial capital for a standard account is $200, and the minimum initial capital for a exclusive account is $10000. But the higher the ranking of accounts, the smaller the spread: 1 point for exclusive accounts and 5 points for standard accounts.

Leverage is up to 1:500 across all account types, which should always suggested to be used cautiously due to the magnified risks and losses along with potential gains.

Account TypesStandardSilverPremiumVIPExclusive
Minimum opening balance$200$1,000$2,500$5,000$10,000
Spreadfrom 5 pipsfrom 4 pipsfrom 3 pipsfrom 2 pipsfrom 1 pips
Leverage1:5001:5001:5001:5001:500
Account Types

Trading Fees

The tighter spread will be: 1 pips for Exclusive account to 5 pips for Standard account. And there is no mention of commission on the website of this company.

Trading Platform

Pro Lite Trade's trading platform is VertexFX , which offered by Pro Lite Trade. It is available on web and compatible with Windows, iOS, Android and MacOS system.

Trading Platform

Deposit and Withdrawal

Fundint and Pro Lite Trade can only be conducted through bank transfers and cryptocurrency. The minimum deposit amount is $200 and the minimum withdrawal amount is $20. The processing time for bank transfers is 2 banking days, and the processing time for cryptocurrency payments is instant.

Deposit and Withdrawal
Deposit and Withdrawal

Related broker

Not Regulated
Pro Lite Trade
Company name:Pro Lite Trade
Score
1.39
Website:https://www.prolite-trade.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.39

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