LiteGraphs

Our investigation into LiteGraphs found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.

Who is LiteGraphs?

LiteGraphs markets itself as an online trading and investment service. Its public site is presented at https://litegraphs.com/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is LiteGraphs regulated?

We could find no evidence that LiteGraphs holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No credible physical address or verifiable corporate record
• Offshore or shell-company registration used to avoid oversight
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• Unrealistic profit claims and pressure to deposit more
• Aggressive “account managers” coaching clients to deposit

Our analysis

LiteGraphs doesn't provide any information about its real operator. On its website, it only says this company, allegedly located in Belgium, is operating under the trading name LiteGraphs. The lack of transparency raises significant concerns about its credibility. Despite claims of being based in Belgium, a search in the register of the Financial Services and Markets Authority (FSMA) did not yield any corresponding results. This indicates that LiteGraphs has not obtained the required authorization from this financial regulator. It's worth noting that the FSMA implemented a ban from 18 August 2016 on the distribution of over-the-counter (OTC) derivatives, including Forex, CFDs, and Binary options among Belgian retail clients. This ban should be considered when choosing a Belgian Forex broker. In essence, LiteGraphs is not regulated by any governing body, which poses a high risk for investors. There are no legal protections in place to safeguard the funds entrusted to this broker. Given these factors, it is reasonable to conclude that LiteGraphs is unequivocally a scam.

Can you recover money lost to LiteGraphs?

If you have deposited with LiteGraphs, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.