Reported as a scam / unregulated
Why LitroFxMarket is on the register
LitroFxMarket purports to have been established in 2016, yet its domain name was only registered in June 2022. This inconsistency casts doubt on its credibility. On its homepage, the company promises a Return on Investment (ROI) of up to 10%, a claim that could be seen as a red flag. Generally, investment activities inherently carry substantial risks due to market volatility and liquidity. The potential earnings in the market largely depend on the investors’ knowledge and trading skills. While a trading platform can create a transparent trading environment, offer bonuses, or provide trading tools to facilitate trading, it’s nearly impossible to guarantee profits. If a trading platform makes such promises, investors should be immediately alarmed as it may be a ploy to ensnare them. Furthermore, this trading platform claims to be domiciled in the US. However, there are no indications that it is registered with the Securities and Exchange Commission (SEC) or the National Futures Association (NFA). This suggests that it is operating in the US without the necessary licenses. In essence, LitroFxMarket is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. LitroFxMarket appears to be 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.