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

In this section we will tell you why You should NOT invest in Forex Elite Club. 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 Forex Elite Club and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteforexelite.co
🏠 CompanyUnknown
RegulatoryNot regulated
📧 EmailDoes not have
📈 ContinentalOwn platform
📌 AddressUnknown

⚠️ Forex Elite Club does not mention the legal name of the company that operates it and there is no data on its location. Clients are unprotected. ⚠️

Account types

Forex Elite Club does not offer different accounts for trading.

Information on the web

elite forex website

Forex Elite Club is a secret site and does not provide any information to the visitor. This is a common feature on scam sites.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Forex Elite Club Final Rating 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH Forex Elite Club.

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

Forex Elite Club News:

Date Update – news
December 2023Complaint against Forex Elite Club from the financial regulator CONSOB
July 2024Complaint against Forex Elite Club from the financial regulator CySEC, Cyprus Financial Regulator

User Reviews

[democracy id = ”8576 ″]

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

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


How to Claim Money Scammed by Forex Elite Club

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 Forex Elite Club

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 Forex Elite Club?

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 Forex Elite Club a scam – is it a scam?

Yes. We believe Forex Elite Club 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 Forex Elite Club reliable?

No. Forex Elite Club 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 Forex Elite Club?

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 alternatives (recommended) to Forex Elite Club?

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.

6 comments on «Is Forex Elite Club a scam? Opinions»

  1. jose maria Reply

    I have been scammed by FOREXELITE.CO, can anything be done to get the money back?

    • Recommended-brokers.com Reply

      Hello Jose, thank you for writing about Forex Elite Club. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. jose Reply

    Good afternoon Eddy,

    I have also been a victim and scammed by https ://forexelite .co/ and I have filed a complaint, I hope that on your part you also have one, since the more the better and the greater the hopes of an intervention and being able to recover some of the capital or that they do not deceive anyone else.

    • Recommended-brokers.com Reply

      Hello Jose, thank you for writing about Forex Elite Club. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

  3. Sunday Reply

    They want me to invest with them, but I don't want them to steal my money or rip me off. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Domenica, thank you for writing about Forex Elite Club. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

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