FX EliteTrader Broker Review

FX EliteTrader Broker Review – Don’t Fall For FX-EliteTrader.io Scam

Do you have any experience dealing with anonymous schemes? Consider checking out FX EliteTrader. To convince you that it’s a legit EU company, the truth can’t be further from the truth. In our unbiased review, you’ll find out everything about FX EliteTrader.

Additionally, we invite you to read our SinaraCorp, Scandinavian, and Globalix scam brokers reviews. They offer too good a deal to be true for unaware people!

1. Scam Broker Status: Unregulated
2. The company is unlicensed and unregulated.
3. Websites of scammers: FX-EliteTrader.io
4. Forex Trading Scam: Active
5. List of scams blacklisted by: N/A
6. Owner of the broker: N/A
7. Country of headquarters: Netherlands (allegedly)
8. Year of foundation: 2019
9. MT5 (MetaTrader 5) / WebTrader
10. MT5 Mobile App is available for mobile trading
11. A minimum deposit: $10,000
12. Bonus: None
13. Trading Crypto Assets: 9 currencies available
14. Trading CFDs is possible: Yes, you can trade CFDs
15. Trading instruments include Forex, commodities, indices, shares, and cryptocurrencies.
16. Leverage maximum: N/A
17. N/A for Islamic Accounts
18. No free demo account; only live trading accounts are available.
19. The company does not accept US clients.
20. This broker is a scam, so don’t invest!

What About FX EliteTrader Regulation?

Although FX EliteTrader claims to be a Netherlands-based broker, it does not hold a valid license. No information about this broker’s owner or governing law could be found on the website, not to mention the regulation of FX EliteTrader. 

We checked if the Dutch AMF granted a license to the FX EliteTrader Forex firm since it is a strict regulator. The answer is no, of course. Fraudulent firms can be based anywhere, including offshore countries like Estonia or Bulgaria, and slowly extort your money until it disappears.

Where Is FX EliteTrader Trading Scam Active?

Whenever you search for FX EliteTrader trading scams, you’ll find them everywhere. The most common sources of reports are:

• UAE
• UK
• Belgium

Therefore, these countries should be careful, as the company seems to advertise their scheme everywhere. Don’t click on an ad on social media promoting the FX EliteTrader broker. Additionally, it would help if you avoided scammers such as Trader House, InvestBY, and Oriontero.

Traders’ Opinion About FX EliteTrader Scam

There are many positive reviews about FX-EliteTrader.com that you will be surprised to read. There isn’t a single good thing to say about the company from any of the clients. The main problem is withdrawing money, but it extends beyond that.

This fraudulent firm uses AnyDesk, software for remote desktop access, to access its clients’ computers and wipe their bank accounts. FX Elite Trader is the sleaziest broker you’ve ever heard of.

Online Trading Scams: How It All Goes?

The whole thing begins when you see an ad on social media about a broker offering quick returns. Companies that give you estimates in advance are not legitimate, as they cannot promise or guarantee anything. 

Also, the more money you deposit, the more you will be harassed until you deposit again.

Your trading account will become wealthier than your bank before you know it, but there’s a catch. No matter how hard you try, there is no way to get the money back. Companies like FX EliteTrader are not here to help you or anyone but themselves.

Did FX EliteTrader Broker Scam You? – We Can Help

Do you recognize any of this? Do you have no idea what to do? Let our chargeback experts assist you with a free consultation.

Chargeback: What Is It?

This is a way for your bank to reverse a fraudulent transaction and get your money back. Also,we can help you get your money back before it’s too late.