MTLight-FX

According to the WikiFX assessment, MTLight-FX exhibits a high-risk profile. The broker holds an exceptionally low overall score of 1.54/10, which incorporates a 0.0 rating for regulatory and risk control indexes. As an unregulated entity operating without oversight from any recognized financial authority, it cannot be considered safe or reliable. Investors should exercise extreme caution, as they have no recourse to standard regulatory protections.

No. MTLight-FX, operating under OS-Laugh Marketing Ltd., is not regulated. It does not hold any valid forex trading licenses from major regulatory bodies such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. WikiFX data confirms its regulatory status is classified as 'Not Regulated' with a regulatory index score of 0.0.

The minimum deposit requirement varies by account type. For a Standard account, the minimum deposit is 100 USD. For a Premium account, the required initial deposit is significantly higher at 5,000 USD.

WikiFX data indicates the broker offers a software index score of 4.0, which is relatively low. While the data does not explicitly list MetaTrader 4 or 5, it confirms that Expert Advisors (EAs) are allowed on both Standard and Premium accounts, a feature typically associated with the MetaTrader platforms. However, without official confirmation from the broker, it is advised to verify the specific trading platform directly.