Forex Brokers

Elevate Option Trade

1.7 (15 reviews)
🇨🇦 Canada
Visit Website
1.7
15 reviews
5
0
4
0
3
0
2
10
1
5

About Elevate Option Trade

Elevate Option Trade has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Elevate Option Trade is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bit.elevateoptiontrade.com.

Customer Reviews

Write a Review

Stop loss not honored

D
Daniel K.
2 weeks ago

Elevate Option Trade had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Professional team|Demo account available|Stable platform

Cons: Website design could be more modern

Regulator has warned about them

R
Robert N.
3 weeks ago

I signed up with Elevate Option Trade based on a colleague's recommendation and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Competitive fees|Instant funding|Regular platform improvements

Cons: Charting tools need more indicators|Wait times can be long during peak hours

No way to escalate complaints

E
Emma D.
1 months ago

I opened an account with Elevate Option Trade since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Low minimum deposit|Transparent fees|Personal attention

Cons: Withdrawal takes 1-2 business days|Nothing significant

No TradingView integration

E
Emma Z.
2 months ago

I am in a dispute with Elevate Option Trade over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Clean UI|Easy to use platform

Cons: Minor UI glitches occasionally|Search feature is basic

False promises and poor execution

O
Oliver T.
2 months ago

I have been trying to close my account with Elevate Option Trade for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Clear documentation|Multiple order types

Cons: Limited cryptocurrency options

Disgraceful treatment of customers

K
Kimberly P.
2 months ago

The platform itself is okay, but the customer service at Elevate Option Trade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Dedicated account manager|Two-factor authentication

Cons: Website design could be more modern

My account was compromised and they did nothing

M
Megan I.
2 months ago

I lost a significant amount because Elevate Option Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Low minimum deposit|Real-time alerts

Cons: Cannot customize dashboard fully

Walked away and never looking back

R
Ruby R.
4 months ago

I referred a friend to Elevate Option Trade through a podcast recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Regular updates|Helpful community forum|Reliable uptime

Cons: Charting tools need more indicators

Password reset broken for weeks

C
Catherine Y.
7 months ago

The spread at Elevate Option Trade is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.

Pros: Dedicated account manager|Clean UI|Quick verification|Good analytical tools

Cons: No phone support on weekends

No investor compensation scheme

L
Leo G.
7 months ago

Do not believe the bonus offer from Elevate Option Trade. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Customizable dashboard|Comprehensive tools

Cons: Minor UI glitches occasionally