Elite FX Trade
We checked Elite FX Trade against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Elite FX Trade is an obvious scam for two main reasons. First, Elite FX Trade claims it was founded in 2009 as an investment or stock trading company. But when we checked its domain, we found it was newly created on 31 Jul 2022. So how could it start its business in 2009? It is a red flag here. Second, Elite FX Trade claims to be a regulated firm while presenting neither details about its company office address and regulations, nor legal documents (risk disclosure, privacy policy, etc.). Lacking the above information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is that Elite FX Trade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Elite FX Trade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.