Pro Lite Trade Information

Pro Lite Trade Was Established In 2023 And Is A New Brokerage Company Registered In Canada. The Trading Tools It Offers Cover Forex, Commodities, Indices, Cryptocurrencies, Stocks And More. The Company Offers Demo Accounts For Clients To Practice And 5 Tiered Accounts For Different Client Groups. But Currently The Company Is Not Regulated And Lacks Security.

Is Pro Lite Trade Legal?

It Is Clear That Pro Lite Trade Was Established In 2023 And Is Currently Not Regulated And Is A New And Unsafe Company.

What Can Pro Lite Trade Trade?

Pro Lite Trade Offers Traders The Opportunity To Trade Forex, Commodities, Indices, Cryptocurrencies And Stocks.

Account Types

Pro Lite Trade Offers Demo Accounts. Pro Lite Trade Also Offers 5 Tiered Live Accounts, All Of Which Do Not Charge Commissions.

The Minimum Initial Capital Is 200 Dollars For Standard Accounts And 10,000 Dollars For Exclusive Accounts. However, The Higher The Ranking Of The Account, The Smaller The Spread: 1 Point For Exclusive Accounts And 5 Points For Standard Accounts.

The Leverage Ratio Is Up To 1:500 For All Account Types, But Caution Is Advised Due To The Amplification Of Risks And Losses, As Well As Potential Gains.

Trading Fees

Spreads Are Smaller At 1 Pip For Exclusive Accounts And Larger At 5 Pips For Standard Accounts. There Is No Mention Of Commissions On The Company's Website.

Trading Platform

Pro Lite Trade's Trading Platform Is VertexFX, Provided By Pro Lite Trade. It Is Available On The Web And Is Compatible With Windows, IOS, Android And MacOS Systems.

Deposits And Withdrawals

Funds Withdrawals And Withdrawals Can Only Be Made Through Bank Transfers And Cryptocurrencies. The Minimum Deposit Amount Is 200 Dollars And The Minimum Withdrawal Amount Is 20 Dollars. Processing Time For Bank Transfers Is 2 Business Days And Processing Time For Cryptocurrency Payments Is Instant.