LiteTrade Review – Legit Or Scam?

LiteTrade ReviewHave you been paying attention to all of the hype for LiteTrade?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for LiteTrade – I want to give you an unbiased opinion.

Is it a scam? Can you trust LiteTrade?

Read all about it in my LiteTrade review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of LiteTrade.

Let’s carry on.

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What Can You Tell Me About LiteTrade?

Taking a look through LiteTrade’s website, there’s not much of anything to see in regards to background information on the company.

We can see that the domain name (litetrade.org) was registered on December 19, 2017, but the private nature of the registration means it’s impossible to see where it took place or who owns the domain.

LiteTrade does showcase a United Kingdom incorporation number of the site, and further research shows that this belongs to LiteTrade Limited — a company that was incorporated with an address in London.

This might look legitimate on the surface, but a bit more digging shows that the address used actually belongs to another company that specializes in selling virtual office spaces.

Connecting this together with the fact that UK incorporations are incredibly cheap to purchase, and it’s very likely that LiteTrade doesn’t have any real physical presence in this country.

LiteTrade Scam

Does LiteTrade Offer Any Products?

On the product line side of things, there’s just as much disappointment to be found here.

No goods or services are being offered to retail customers, and as such, it’s impossible for there to be any trace of retail sales activity.

The one and only thing affiliates have to offer is the affiliate membership itself, and the biggest draw to this is the income opportunity that comes bundled with it.

What Kind Of Compensation Plan Does LiteTrade Have?

Should you choose to join LiteTrade for yourself, you’ll be asked to invest bitcoin into the company so you can start earning on an ROI.

According to LiteTrade, it’s able to offer the ROI thanks to activities it has with cryptocurrency mining, trading, and “innovations.”

There are multiple investment tiers available depending on if you invest in the Trading, Mining, or Innovations levels, and while I won’t run through every single one, some of them include the following:

  • Members invest 0.05 to 1 BTC for a 110% ROI in 6 days
  • Members invest 0.0025 to 50 BTC for a 190% ROI in 31 days
  • Members invest 3.0001 to 5 BTC for a 144% ROI in 30 days
  • Members invest 0.002 to 20 BTC for an 800% ROI in 180 days

Along with direct ROI payments, LiteTrade affiliates can also earn on referral commissions.

Referral commissions are offered using a unilevel system, and with this, affiliates earn percentages for recruiting other people into the company and getting them to invest.

As you recruit more and more people, the percentages you earn for your work will gradually increase.

What Is The Cost Of Membership With LiteTrade?

You can technically join LiteTrade for free, but in order to earn on the ROI being offered, you’ll need to make an investment of at least 0.001 BTC.

Additionally, some sort of ongoing investment is required of all affiliates in order to keep earning with LiteTrade.

Should I Be Worried About A LiteTrade Scam?

Every business opportunity on the web has good reviews and bad reviews – so is LiteTrade really a scam?

Is there a LiteTrade scam or is this business legit?

If I am being honest, I’d say it’s not a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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Conclusion for LiteTrade

I hope you are finding the information in my LiteTrade Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of LiteTrade, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

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