LittInvest is a cryptocurrency broker that offers trading services via their web-based platform. Regarding execution of orders, LittInvest is a market maker or a b-book broker. They offer trading of digital currencies, but we have no idea which currencies they offer.

Previously, the broker was offering forex trading as well. We are unclear whether they offer both forex and cryptocurrencies or they have simply changed their offer.

Skip the Content & Read the Final Conclusion

There is a lot of things that look suspicious about LittInvest and this is what prompted us to conduct an investigation on them.

Our research is now complete and we have managed to compile our findings in this detailed LittInvest review. Continue reading and learn the truth about this trading platform. We recommend you to Proceed to Safe Robot OR find a Reliable Robot to trade with form the table below

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Basic Information:

  • Price: No Getting Started Fee
  • Software: Crypto Trading With Technical Indicators
  • Max Returns: 100%
  • Min Deposit: $250

Pros:

  • Offers Three MMS
  • Already Surfaced As a Scam Trading Robot
  • Highly-Unrealistic & Unreliable Accuracy Rate
  • Nothing Impressive About Settings
  • Demo Account Is Not Risk-Free
  • Does Not Offer 500 Signals Combinations

Top10BinaryDemo Verdict

Not Reliable Service

How to Trade with Litt Invest?

From the information that can be obtained from their website, it can be said that LittInvest offers cryptocurrency trading through their web platform. If traders want to use their services, they have to sign up for an account and make a deposit.

They claim to offer as much as 92% returns on bitcoin trading. They also claim that investors don’t need to get their funds converted into cryptocurrencies to be able to trade. Their time frame starts at 1 minute and their trade size is as little $1. Traders can buy and sell cryptocurrencies from their platform at any time.

But when we watched their presentation video, we noticed that it talks about currency pairs only. According to them, trading is based on the Japanese candlesticks chart.

The candlesticks show how the price of the asset has changed over time. If the candlestick is green, it means the asset is getting more expensive. If it is red, it means it got cheaper. So to generate an income, traders have to predict the color of the next candle correctly. If the prediction is correct, traders can double their investments and if it is wrong, traders are advised to double the amount for the next trade to cover losses and also to generate revenue.

Our research shows that it is not easy to trade at Litt Invest. There is no information provided on the type of accounts they offer and what their minimum deposit requirement is. Feedback coming in from those who have used their services suggest that LittInvest offers an unreliable trading platform and they lack the potential to help investors meet their trading goals.

How to Get Started?

Since LittInvest operates as a market maker, traders who want to invest using their trading platform must first sign up. Let’s take a look at their registration process, but please be mindful of the fact that we don’t recommend their service to anyone and we don’t encourage anyone to join them.

  • Complete the Form – a form is available on their website which should be filled out completely and submitted to them.
  • Make Deposit – traders are required to add funds to their account. although they haven’t mentioned what their minimum deposit requirement is, we assume it is somewhere around $250.
  • Buy and Sell – Predict the direction of price movement for the chosen asset and place trades.

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Is LittInvest A Scam?

Litt Invest has claimed that they are registered under the Financial Services Authority of St Vincent and Grenadines. The information provided on the website suggests that they are a licensed broker.

But our investigation has revealed that they are neither licensed nor registered by any financial regulatory body.

According to IFSC, LittInvest operates in an illegal manner and the kind of services they offer violates the laws in Belize. This is the reason the IFSC has instructed LittInvest to cease their services. They have even released a statement saying that LittInvest’s claims on having a trading license is false. The broker doesn’t hold any licenses and they are not regulated.

Traders have been warned to take caution. It is extremely risky to deal with a broker that falsely claims to be licensed. Their promises of high returns is also absurd. The broker doesn’t have features or tools that can allow traders to earn significantly from their platform. Moreover, their trading strategy is a failure and we don’t know of anyone who has actually benefited from it.

The bottom line is that Litt Invest only appears to be legit by making false claims of being registered. They are a scam broker and it is important for traders to stay away from them.

Deposit and Withdrawal Procedure

The methods of payments available at Litt Invest include Yandex Money, Neteller, Skrill, Qiwi Wallet, WebMoney, Visa and Mastercard. They say that withdrawals are processed in one day which we highly doubt. There is no information available on their minimum deposit and withdrawal requirements.

NOTE: FOR A BETTER ALTERNATIVE, VISIT OUR PROVEN-TO-WORK INVESTMENT PLATFORM

Bonus Policy

Their bonus policy looks quite tricky as well. To attract more investors, they are offering 100% deposit bonus. But in order to qualify for this, traders have to make a deposit of at least $1000.

But, the worst part is that to make a withdrawal, traders have to trade $25 for every $1 that is in their account. This means if traders have $2000 in their account which includes deposit and bonus, they will have to invest at least $50,000 to be able to make a withdrawal.

How is it possible for newcomers who find it hard to put even $250 into their trading accounts for investment purpose to meet a trading volume of $50,000? In simple terms, traders won’t be able to submit a withdrawal request if they accept the bonus.

Depositing funds with this broker is risky and potentially very dangerous.

Final Words

Litt Invest is not a licensed broker and the manner in which they are conducting business is also very unethical. There is no proof that their strategy or platform works to help traders generate revenue online. In fact, there are more complaints and negative feedback coming from the trading community.

We can’t recommend this trading platform to anyone. It is unsafe and highly unreliable. We advise traders to use caution when choosing a broker.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on LittInvest to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if LittInvest is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

 

In order to protect traders from bad trading experience and financial loses we recommend you to

Visit Best Rated Robot OR Choose One of the Top Systems Above

 

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David

David

Hello!
I am David Raines, a Forex trader with years of experience in online trading. I write reviews of Forex Brokers, Auto Trading Software and Signals Providers.
David

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