After reviewing Litmus Asset, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Litmus Asset?
Litmus Asset markets itself as an online trading and investment service. Its public site is presented at https://litmusasset.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 Litmus Asset regulated?
Litmus Asset provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Account dashboards that show “gains” with no real market exposure
- No verifiable licence from a recognised financial regulator
- No credible physical address or verifiable corporate record
- Offshore or shell-company registration used to avoid oversight
- Opaque or anonymous corporate ownership
Our analysis
Litmus Asset claims its products and services are provided by Litmus Asset Trading Services LLC, a company founded in 2017 and authorized by St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 209896100LLC017. But first, when we checked its domain, we found it was created on 18 Oct 2022. So how could it start its business in 2017? It is a red flag here. Second, we did not find any match results to the company name or the registration number in SVG FSA. Besides, SVG FSA is not a forex regulator that issues licenses for forex trading or regulates entities engaging in forex. The truth is, Litmus Asset is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
Can you recover money lost to Litmus Asset?
If you have deposited with Litmus Asset, 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.
Were you scammed by Litmus Asset?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.