Reported as a scam / unregulated
Why LiteGraphs is on the register
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.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.