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EliteTrading Review
đź”´ EliteTrading services are questionable – a warning sign!Â
🔴 EliteTrading isn’t licensed – a red flag!
🔴 EliteTrading isn’t transparent – a red flag!
🔴 EliteTrading creates unrealistic expectations – a red flag!
What is EliteTrading?
EliteTrading is an unregulated broker platform similar to Jungle Capital Limited, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online brokerage services without a license cannot provide their clients with any sort of protection.
EliteTrading Regulation
They are unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from them!
As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.
On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.
EliteTrading Complaints
Depending on the amount of experience people have with brokers, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of our clients were not aware their platform was problematic before they had already signed up. If they shows any of these signs, either avoid them entirely or look very carefully before proceeding:
đź”´ Not regulated
đź”´ High fees and commissions
đź”´ Not enough information on the website
đź”´ Poor communication and refusal to answer questions
đź”´ Pushy manner
đź”´ Keeps mentioning rules and fees that were not outlined in the contract
đź”´ Does not let you withdraw money from your account
EliteTrading Products and Services
They are not safe, and we say so because it’s an unregulated broker. They always promise things they won’t deliver, and EliteTrading makes no exception – they claim that customers can become rich quick, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that EliteTrading is a suspected scam you should avoid! Beware!
EliteTrading Customer Support
EliteTrading allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.
You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.
Are Funds Safe With EliteTrading?
With such lack of information and being unregulated, funds are not safe. Security of funds is a huge problem with brokers. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.
EliteTrading does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.
EliteTrading Withdrawals
The point at which many of our clients realize they are dealing with a scam broker is when they request to withdraw funds and the broker either won’t allow them or will make it difficult. They may employ the following tactics:
🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s funds
đź”´ Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing
đź”´ Cease communication. They may be evasive or simply not communicate at all.
If EliteTrading is doing any of these things to avoid releasing your funds, do not hesitate to leave a comment to warn others.
EliteTrading Review: our Conclusion!
EliteTrading is an unregulated platform to avoid. Their methods for investment are unreliable.
If you have been scammed, feel free to leave a comment or if you wish to arrange a free consultation with our professionals, do not hesitate to submit your complaint by clicking the button bellow.
ℹ️ EliteTrading Details
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🖥️ Website URL : www.elitetrading.co
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⚖️ Regulation : Offshore Broker
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đź’° Leverage : N/A
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🧠Headquarters : N/A
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đź’ł Minimum Deposit : N/A
🚨 EliteTrading not paying? Share your experience and get help
đź“‹ Fill out the form here and get a free consultation today.
Scam,
Different phone numbers ( all +44 – uk) but when you call them back- no answer. .Also those numbers (different number each call) they marked on many websites as fraudulent
I deposited 500, I cannot cancel or withdraw before i provide following document :
Email from elitetrading.co
Please provide us one document from each category:
1. Identification document:
– Passport ( first two pages
– A National ID card ( front and the backside)
2. Proof of address:
– Utility bills such as electricity, water, or gas bill – Cannot be older than 3 months with your full name and address on it.
– Bank /Card statement – cannot be older than 3 months, with your full name and address on it.
3. Proof of payment method:
– Credit/Debit card 6470 front and the backside ( On the front we need to see the first 6 and last 4 digits, your name, and expiration date. On the backside we need to see your signature, you may cover CVV number).
4. Declaration of payment:
– Print the attached declaration of payment, fill in the required information, sign on it and send it back. If you don’t have the printer you can sign on it electronically.
The best is this payment declaration where YOU READ FOLLOWING :
” i hereby declare and confirm that the funds have been deposited to my trading accounts number … and that the service that was promised to me have been delivered as requested. I WILL NOT HAVE ANY CLAIM IN THE PRESENT AND FUTURE REGARDING THE AFORESAID DEPOSIT AND RELATED TRANSACTION”
Olá Passou-se o mesmo que num comentário de uma Izabela, fiz um primeiro deposito de 460€, mas depois disseram que para entrar em comprar petroleo que estava em baixa teria de se comprar 1000 barris, e minimo teria de meter mais 1000€, e foi o quer fiz, investir 1460€, e nesse mesmo dia vi o meu saldo aumentar para 7200€ em média, no saldo da plataforma deles, no dia seguinte investimos em outras 2 situações venda de moeda, e compra de Palladium, que neste momento ainda está a decorrer em andamento na plataforma em estilo rollover, tinha pedido mal ganhei 7200e para retirar pelo menos 500€ do meu investimento inicial, e que levaria 2 dias, recebi mensagem que leva média entre 3 a 5 dias uteis. fiz pesquisa depois aqui na internet e vejo esta empresa Elitetrading.co, como sendo uma empresa não confiável e um esquema para tirarem dinheiro ás pessoas, a minha pergunta é como poderei tentar reaver o meu dinheiro investido de volta?? no meu banco tentar reaver esse valor? agradeço a vossa informação e ajuda, Obrigado
Please be warned this trading platform is a scam! I’ve been charged an initial investment of 1,000, with the promise of 10,000 on that investment. Then they turned around and charged me mining fees that came to over 3,000. Then I had to pay transfer fees in order to receive my withdraws which were 4,200 dollars- to take out 28,000. Then I was told I would have to upgrade my account because my profit was too big to be held in the gold account it was in. Which would be an additional 6700 dollars. I have yet to receive any profit
This trading platform is a total scam. They scammed me for 550 they are just b.s. I young lady who is on Facebook by the name of CHRISTINA TREVINO she is a fake scam & will talk you into investing your money . She even goes as far as making it look like she helped you out with deposit if your short with deposit amount.