LiteGraphs
We checked LiteGraphs against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
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.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report LiteGraphs.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.