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Global Broker Regulation & Inquiry App

Score

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/10

Elite Pro

South Africa|5-10 years|
High potential risk|

https://www.elitepromarkets.co.za/

Website

Rating Index

Contact

+27 61 514 3350
support@elitepromarkets.co.za
https://www.elitepromarkets.co.za/
https://m.facebook.com/Elite-Pro-Markets-111424880442435/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+27 61 514 3350

English

+27 11 881 5667

Other ways of contact

Broker Information

More

Company Name

Elite Pro Markets

Abbreviation

Elite Pro

Platform registered country and region

South Africa

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Elite Pro · WikiFX Survey

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Elite Pro · Company Summary

General Information & Regulation

Elite Pro Markets is an online broker registered in South Africa, with the founding time, actual address, and the company behind it unknown to all. Elite Pro is not subject to any regulation, and it is unsafe to trade with this broker.

Market Instruments

Tradable financial instruments available on the Elite Pro platform include forex currency pair, commodities, stocks, indices.

Minimum Deposit

The minimum deposit with the starter account is $100, which is generally in line with the regulated brokers standards. Although this seems the reasonable accounts, traders are not advised to open accounts here since Elite Pro is an unregulated broker.

Leverage

Trading leverage information is not mentioned. Unregulated or scam brokers tend to offer generous trading leverage to attract traders. However, since leverage can amplify gains as well as losses, high trading leverage is not necessarily good things for all traders.

Trading Platform Available

Elite Pro doesn‘t have functional trading software, and that confirms it’s a scam. They mention nothing about platforms on the website, and upon registration, we ended up with a chart serving for information purposes only.

Deposit & Withdrawal

The funding methods are cryptocurrencies only, which is a significant downside. The digital coin payments are final, non-refundable, and people do not even know who gets the money sent. In terms of safety, it‘s always better to deposit via bank cards because it’s possible to dispute transactions and eventually get a refund- up to 540 days after the transfer.

News

Elite Pro Markets Review 2024: Read Before You Trade

ExposureElite Pro Markets Review 2024: Read Before You Trade

2024-10-22 17:15

Elite Pro Markets is an unregulated, inaccessible Forex broker with no physical office. Rated 1.5 on WikiFX, it's a scam you should avoid.

WikiFX
2024-10-22 17:15
Exposure
Elite Pro Markets Review 2024: Read Before You Trade

Review 1

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