House file

LiteFinance

On the desk for one reason: multi-entity structure. 3 register lines are on this file, spread across 3 legal entities in 3 jurisdictions, none of them with a top-tier regulator.

Filed by the desk · head office not verified · established 2005 · sourcing confidence: medium

On the wire

3 items · 0 notices

01
register entry
None — St Vincent and the Grenadines company registration only for LiteFinance Global LLC (SVG reg. 931 LLC 2021)
Source: litefinance.org
02
register entry
FSC Mauritius entry GB20025921 for LiteFinance Investment Limited (reg. 178302)
Source: litefinance.org
03
register entry
CySEC entry 093/08 for Liteforex (Europe) Ltd
Source: cysec.gov.cy

Entity by entity

3 lines

Register lines on file for LiteFinance. A blank number is a number the desk could not read on a source; it is not a zero.
Regulator	Jurisdiction	Entity as registered	Number	Tier	Source
None — St Vincent and the Grenadines company registration only	Saint Vincent and the Grenadines	LiteFinance Global LLC (SVG reg. 931 LLC 2021)	not verified	T3	litefinance.org
FSC Mauritius	Mauritius	LiteFinance Investment Limited (reg. 178302)	GB20025921	T3	litefinance.org
CySEC	Cyprus	Liteforex (Europe) Ltd	093/08	T2	cysec.gov.cy

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open	not verified
EUR/USD spread as published	not verified
Leverage as advertised	not verified
Platforms	MT4 · MT5 · LiteFinance web/mobile platform
Account books	Classic · ECN

What the record says

The company states it has operated since 2005 and that the LiteForex brand was renamed LiteFinance in November 2021 (source: litefinance.org).

On its own registered-offices page LiteFinance lists 'Regulator: No' for LiteFinance Global LLC, the St Vincent and the Grenadines entity; an SVG LLC registration is a company registration and not financial-services supervision.

For the SVG entity the company states client funds are held in segregated bank accounts although the entity is not regulated, and that there is no compensation scheme.

The Mauritius entity holds an FSC Investment Dealer (Full Service Dealer, excluding Underwriting) licence, GB20025921.

A Cyprus entity, Liteforex (Europe) Ltd, appears on the CySEC register under licence 093/08.

Not verified

8 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.