What is LiteTrade.org? Is LiteTrade Scam or Legit?


LiteTrade Review:- LiteTrade.org Scam Alert!

 

Before we begin with our detailed review of LiteTrade Limited, let's start with straightforward answers to the queries as below:-

 

What is Lite Trade?

LiteTrade Limited is a company which pretends to have a software to automate the cryptocurrencies trade fully and also claims to have a mining field and investing in ICOs as well, but in reality, it is a Ponzi scheme which is neither a legal, nor a sustainable company.

 

Either is LiteTrade.org a scam or a legit? Either is LiteTrade safe to invest money or not?

Since LiteTrade is an illegal company, so definitely LiteTrade.org is a scam. So, of course, LiteTrade is not safe to invest money.

 

Aforementioned, now it is clear either is LiteTrade a scam or a legit, so your search for LiteTrade reviews to find out either is Lite Trade a scam or legit ends here. Not only that, but here, within our LiteTrade.org review, we are still providing more details about this company. So, you don't have to search any other LiteTrade.org reviews to find out more details on this company.

 

OK, now let's begin with our LiteTrade Limited review to find out the complete truth about LiteTrade.


Ads by Media


End of Ads by Media


LiteTrade complaints. LiteTrade fake or real? LiteTrade legit or fraud?

LiteTrade login and join in link:- LiteTrade.org (Not recommended to join, it's a scam)


Why is LiteTrade Limited a scam?

LiteTrade Limited is a scam mainly due to its business model which is a Ponzi scheme about which we have already mentioned you before. If you don't know what is Ponzi scheme, then you can find the details by clicking this link:- newsonlineincome.com/ponzi-scheme/

 

Now, let's find out why is LiteTrade a Ponzi scheme and what are the other factors which make it a scam.

  • LiteTrade is a Ponzi scheme because it claims to pay the unsustainable rate of return such as 110% profit in 6 days and also claims it can make such huge amount of profit by investing in cryptocurrency trading using its automated software as well as in cryptocurrency mining and ICOs. However, that is completely bogus claim because the real cryptocurrency mining companies like Genesis Mining never can guarantee such high rate of return on such a short period of time. If you don't know what is Genesis Mining, then you can find the details on Genesis Mining by clicking this link:- newsonlineincome.com/genesis-mining/ So, it is clear that LiteTrade is not making any real profit and only routing the money between the members and that is also only to pay few members at starting in order to show the payment proofs so that it can lure more people into its scheme and collect the huge amount of money and run away with that. These kinds of schemes are known as a Ponzi scheme which will not pay the majority of members at the end.
  • LiteTrade also fails to provide the physical location of its mining farm from where it is claiming to make a profit.
  • On the other hand, if any company can guarantee to pay up to 110% profit in 6 days, then why even that company needs to collect the investment from several people by paying them up to 110% return in 6 days instead of taking a loan from a bank in much more lower rate, less than 1% monthly if they need to raise a fund to invest in their project. So, this again proves the business model of LiteTrade is bogus.
  • LiteTrade has concealed its real owner information within its WHOIS details as well as has provided fake information about its owner on its official website as well. In online business industry, we should never believe those companies who hide their owner details.
  • Don't go after its UK Companies House registration document, that is not the proof of legitimacy. Anyone can provide the fake details to register a company in the UK Companies House. If you want to find out in detail how the companies are registered in the UK Companies House, then you can click this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
  • In the past 1000s of companies similar to the LiteTrade have already scammed millions of money from many people which once again proves LiteTrade is one of those scams.
  • Legal authorities have already seized many similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued a warning to the general public to stay away from these kinds of companies.

Aforementioned, now it is clear that LiteTrade Limited is a Ponzi scheme with unclear owner details. So, LiteTrade is a scam. That's why we have listed it in our Bad and Scams category. So, your search for LiteTrade Limited reviews ends here. Now, maybe you want to find out the genuine and trusted ways to make money online. If so, then you can find the list of genuine and trusted online works and businesses by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

 

Among those genuine online works and businesses, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

 

If you are tired of scams and looking for the ways to detect either any site is a scam or not by yourself, then you can find some tips by clicking this link:- newsonlineincome.com/2017/03/23/how-to-know-scams/


Please spread the awareness about this LiteTrade Limited scam by sharing this Lite Trade review with your friends and families:-



Your comment is valuable to us. So, please feel free to leave your comment below if you have any queries related to LiteTrade or related to the online business industry.

We will be more than happy to hear from you and help you.

Good Luck!