EGL Sverige Broker Review

EGL Sverige Broker Review – Why Is EGLSverigeabexange.com a Scam?

The EGL Sverige broker has been the subject of a lot of confusion and misunderstanding. Due to false claims and misleading names, we were led to believe that we were dealing with a legit, AMF-regulated company.

However, the truth is quite different, so you should read our honest EGL Sverige review.

First, read our broker reviews for SwisTrust, OrbitGTM, and WestpointFX to increase your trading knowledge.

1. Scam Broker Status: Unregulated
2. The company is unlicensed and is not regulated.
3. Website of the scammers: EGLSverigeabexange.com
4. Operational Status: Active Forex Trading Scam
5. Scam listed by: N/A
6. EGL Sverige AB (allegedly) is the broker’s owner
7. Sweden (allegedly) is the headquarters country.
8. Year of foundation: 2018
9. Trading platforms: MT5
10. Trading on mobile devices is available.
11. The minimum deposit is N/A.
12. Bonuses on deposits: None
13. Trading of crypto assets is available.
14. CFD Trading Option: Yes, CFDs can be traded
15. The following trading instruments are available: Currency Pairs (FX) / Commodities / Indices / Shares / Cryptocurrencies
16. There is maximum leverage of 1:500.
17. It is not possible to open an Islamic account.
18. Demo accounts are not available for free, and only live performances are public.
19. US traders are not accepted: US traders are not accepted.
20. According to Global Fraud Protection Experts, don’t invest in this scam broker!

EGL Sverige Regulation – No Regulatory Oversight

EGL Sverige offered us the following forex brokerage services. They present the regulation of Dutch AFM, a Swedish company regulated by EGL Sverige AB, on their website.

In our investigation of www.eglsverigeabexange.com, you’ll find it’s not affiliated with www.eglsverigeabexange.com. 

Also, there is no way for us to determine who is behind this trading company, which puts your funds at risk.

What’s Wrong With License?

We concluded that EGL Sverige’s rules are not governed by any regulatory body, such as AFM. Due to its near-anonymous status, the company could quickly hide in some offshore country and collect funds.

Take care not to fall victim to the EGL Sverige trading scam.

The following are fraudulent brokerage companies: SplitTrades, EUSchild, and TrueNorthBit.

EGL Sverige Scam – Don’t Put Any Money Into This Broker

We recommend that you stay away from the EGL Sverige scam as much as possible. There is no doubt that the company is not a reliable Forex and CFD provider, and your money is at risk.

It may be possible for us to assist you if you have already invested some funds. You may be able to find a solution depending on the payment method you used. Credit card users can request chargebacks within 540 days of using their cards.

You could try some methods if you deposited directly from your bank account. It is primarily present in Sweden, Switzerland, Italy, and France, so stay alert if you live in one of these countries.

A well-known company freezes clients’ accounts and prevents them from withdrawing money. However, don’t panic just yet.

Scammed By EGL Sverige Broker? – Talk To Our Recovery Experts

We would like to hear from you if you have fallen victim to the EGL Sverige scam. We have received numerous complaints about EGL Sverige and have helped many people in similar situations to get their money back.

Keep fighting for what’s rightfully yours. We can help you get your funds back if you contact us online via chat.