The Marginelite broker is a SCAM that we recommend avoiding. The company does not have a reliable license, does not provide any address where its office is located, and there are reports from injured customers appearing on the network. As reported on our website, Marginelite is owned by the same people as LV Grow Markets.
Marginelite works on the same principles as other dishonest Forex brokers. Aggressive telemarketing is supposed to lead to the payment of the deposit. The client then watches on a fraudulent-driven platform as his investments generate bogus returns. The problem arises when he wants to withdraw his money. Then the fraudsters demand additional fees and drag out procedures to finally break contact.
According to reports from victims, Marginelite scammers use the Jubiter cryptocurrency exchange, through which they exchange swindles for bitcoins.
If Marginelite has scammed you, please share your opinion and comment.
What to do to recover funds from Marginelite?
We have prepared a guide for aggrieved persons, read it here (link).
