✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in ELITE TRADER. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about ELITE TRADER and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteelitetrader.io
🏠 Company*GLOBAL GOODIES LIMITED
RegulatoryNot regulated
📧 EmailDoes not mention it
📈 PlataformELITE TRADER
📌 Address134 High Street, Barwell, Leicester, Leicestershire, England

⚠️ ELITE TRADER is owned by GLOBAL GOODIES LIMITED, the company is located in England, but this is probably a lie and is potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we move on to analyze the types of account offered by ELITE TRADER, in this case, we observe that it offers 3 different types of account:

Account typeMinimum initial deposit
Standard$250
Premium$10000
Luxury$50000

Information on the web

Elite Trader website

ELITE TRADER provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final evaluation of ELITE TRADER 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH ELITE TRADER.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about ELITE TRADER:

Date Update – news
November 2023Complaint against ELITE TRADER financial regulator AMF

User Reviews

[democracy id = ”8949 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with ELITE TRADER.

At the end of the review you will find customer comments.


How to Claim Money Scammed by ELITE TRADER

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report ELITE TRADER

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report ELITE TRADER?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is ELITE TRADER a scam – is it a scam?

Yes. We believe ELITE TRADER is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is ELITE TRADER reliable?

No. ELITE TRADER is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from ELITE TRADER?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to ELITE TRADER?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Is Elite Trader a scam? Opinions»

  1. Ana Maria Reply

    This company will rip you off. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Ana María, thank you for writing about Elite Trader. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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