ELD Asset Management has been flagged by Commission de Surveillance du Secteur Financier for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with ELD Asset Management and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Fast support response|Segregated accounts|Detailed reporting|Multiple order types
Cons: Slow to add new assets
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. ELD Asset Management said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Copy trading available|Excellent charting|Regular platform improvements|Fast deposits
Cons: Onboarding videos are outdated|Minimum deposit could be lower
ELD Asset Management has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Full transparency|Good mobile app
Cons: Alert system is basic
I wanted to transfer my portfolio from another broker to ELD Asset Management. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Customizable dashboard|Detailed reporting
Cons: Spreads widen during volatile periods
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that ELD Asset Management has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Tried to withdraw my funds from ELD Asset Management and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I experienced a security concern with my ELD Asset Management account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Portfolio tracking tools|Helpful community forum
Cons: Desktop app not available on Linux
I trusted ELD Asset Management with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Dividend tracking|Customizable dashboard|Helpful community forum|Detailed reporting
Cons: No phone support on weekends