Prolite Stock Capital is a CFD broker whose official domain was registered on July 13, 2023. The broker offers numerous trading markets, including forex, options, cryptocurrencies, commodities, and stock indices, primarily through their self-developed trading platform. They do not provide services to countries or regions where it might breach local laws or regulations.
Company Registration Information and Regulatory Status
According to its official website, Prolite Stock Capital is headquartered in New York, USA, and claims to be regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC).
Upon verification, neither the U.S. National Futures Association (NFA), the Belize Financial Services Commission (IFSC), nor the Cyprus Securities and Exchange Commission (CySEC) have records of an entity named Prolite Stock Capital. (The registration and review of intermediary institutions are conducted by the NFA under the supervision of the CFTC, on behalf of the CFTC.)
Therefore, Prolite Stock Capital is essentially suspected of false advertising and is an unregulated scam website.
Account Opening Process
The account opening process for Prolite Stock Capital trading accounts is as follows: Visit the broker’s homepage, click "SIGNUP" to enter the account registration page, fill in your name, email address, phone number, and set a login password as required, then submit. Upon account verification, registration is complete.
Trading Plans
The Prolite Stock Capital website does not disclose the types of trading accounts offered, nor the account spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade sizes, maximum position/order sizes, or minimum price increments.
Trading Platform
Prolite Stock Capital provides users with a self-developed trading platform.
Deposit and Withdrawal
Prolite Stock Capital does not explicitly disclose on their website the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts.
Conclusion
Traderknows reminds investors that Prolite Stock Capital is actually an unregulated fraudulent website. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
