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Elitetradeltd
Operating status: SCAM
Website: https://elitetradeltd.org/
Broker violations and abnormal records
Elitetradeltd claims to be regulated by the Financial Conduct Authority (FCA) under Reg number 12890756. However, our search for this number in the FCA registry didn't yield any results.
Furthermore, it is strange that its link labeled "Certificate of Incorporation" directs a CH license under Bitstocks Ltd, a company that appears to have nothing to do with Elitetradeltd. In addition, mere registration with the CH doesn't mean being authorized to legally provide financial services or products in the UK. Therefore, even if the CH certificate were true and these two companies were associated, Elitetradeltd remains unlicensed.
In essence, Elitetradeltd 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.
Elitetradeltd is unequivocally a scam.
Elitetradeltd claims to be regulated by the Financial Conduct Authority (FCA) under Reg number 12890756. However, our search for this number in the FCA registry didn't yield any results.Furthermore, it is strange that its link labeled "Certificate of Incorporation" directs a CH license under Bitstocks Ltd, a company that appears to have nothing to do with Elitetradeltd. In addition, mere registration with the CH doesn't mean being authorized to legally provide financial services or products in the UK. Therefore, even if the CH certificate were true and these two companies were associated, Elitetradeltd remains unlicensed.In essence, Elitetradeltd 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.Elitetradeltd is unequivocally a scam.
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