Elite Financial Group Ltd. has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I am in a dispute with Elite Financial Group Ltd. 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: Good mobile app|Full transparency|Responsive team
Cons: Limited ETF selection
I want to warn everyone about Elite Financial Group Ltd.. They have been flagged by Commodity Futures Trading Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Blocked my account|No legitimate license|Fake returns
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Elite Financial Group Ltd. is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
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.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I was about to invest with Elite Financial Group Ltd. but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commodity Futures Trading Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After for about five months with Elite Financial Group Ltd. I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: No hidden fees|Multi-currency support|Comprehensive tools
Cons: Cannot customize dashboard fully|Minor UI glitches occasionally
I closed a profitable position at Elite Financial Group Ltd. and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: No hidden fees|Great customer service|Two-factor authentication|Intuitive for beginners
Cons: Minor UI glitches occasionally
I requested my data from Elite Financial Group Ltd. under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Reliable uptime|Stable platform|Wide product range|Good mobile app
Cons: Could offer more webinars|Would like more payment methods
After using Elite Financial Group Ltd. for over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Smooth onboarding|API access|Copy trading available
Cons: Slow to add new assets