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Operating status: SCAM
Website: https://www.elitefx.uk/

On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning against EliteFx (elitefx.uk), believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/elitefx-elitefxuk
While it is true that the operator of EliteFx (elitefx.uk), Elite Fx Ltd, can be located on the register of the Companies House (CH), it still fails to seek authorization from the Financial Conduct Authority (FCA) for offering financial services/products in the UK, as evidenced by the warning from the FCA against EliteFx (elitefx.uk). Mere registration with the CH cannot be considered as the license to legally operate in the financial industry.
In essence, EliteFx (elitefx.uk) is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView found that the domain "https://www.elitefx.uk/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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