Elite Trading Platform has been flagged by Financial Conduct Authority 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.
What really bothers me about Elite Trading Platform is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a family member had a good experience and I fell for the polished exterior. Never again.
Pros: Good analytical tools|Transparent fees
Cons: No phone support on weekends|No fractional shares
After for nearly two years with Elite Trading Platform, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Comprehensive tools|Regular updates|Fast deposits|Copy trading available
Cons: Cannot customize dashboard fully
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. Elite Trading Platform said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Automated trading options|Tax reports included|Market news feed
Cons: Account statements could be more detailed|Onboarding videos are outdated
The so-called education at Elite Trading Platform is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past six months thinking they would help me learn.
Pros: Demo account available|API access|Customizable dashboard
Cons: Inactivity fee applies after 12 months|Minor UI glitches occasionally
I experienced a security concern with my Elite Trading Platform 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: Regular platform improvements|Personal attention|Full transparency|Fast deposits
Cons: Currency conversion fee exists|Live chat only during business hours
The platform at Elite Trading Platform is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Fast deposits|Segregated accounts|Regular platform improvements
Cons: Limited cryptocurrency options
I looked into Elite Trading Platform and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Elite Trading Platform has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Fast deposits|Demo account available|Automated trading options|Tax reports included
Cons: Website design could be more modern|None so far
Elite Trading Platform locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: API access|Social trading features|Fast deposits
Cons: Email notifications too frequent|No live chat on mobile
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Elite Trading Platform 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.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns