Lyfelete has been flagged by Commission de Surveillance du Secteur Financier for "Regulator/Government impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Customer support at Lyfelete seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Quick verification|Good mobile app|Wide product range
Cons: No phone support on weekends
The hidden fees at Lyfelete are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Two-factor authentication|Clean UI|Wide product range|Great customer service
Cons: Limited demo account features|No dark mode on mobile