Investment Companies

Elmstone union

1.3 (12 reviews)
🇸🇪 Sweden
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1.3
12 reviews
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About Elmstone union

Elmstone union has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Banking

Elmstone Union has a website (elmstoneunion.com) and is using the following contact information:

Elmstone Union
21 Lombard St
City of London
London Ec3v 9AH
United Kingdom

Telephone: +19187148165
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: elmstoneunion.com.

Customer Reviews

Write a Review

Bait and switch tactics

N
Nora R.
2 weeks ago

Elmstone union offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Clear documentation|Market news feed

Cons: Search feature is basic|Live chat only during business hours

Deceptive practices at Elmstone union

L
Luke R.
3 weeks ago

I requested my data from Elmstone union 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: API access|Smooth onboarding

Cons: Some tools only available on higher tiers|Wait times can be long during peak hours

Check regulatory status before investing

D
David K.
3 weeks ago

For anyone considering Elmstone union, please be aware that this company has been flagged by Finansinspektionen. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Total fraud - reported to authorities

A
Amy M.
1 months ago

I was contacted by Elmstone union through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

A cautionary tale

V
Victoria W.
1 months ago

I have been trying to close my account with Elmstone union 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: Easy withdrawals|Tax reports included|Dividend tracking|Risk management tools

Cons: Account statements could be more detailed

Would not recommend to others

D
Daniel S.
2 months ago

The so-called education at Elmstone union 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 since last summer thinking they would help me learn.

Pros: Regular updates|Intuitive for beginners|Great customer service

Cons: Limited social trading features|Website design could be more modern

They target inexperienced users

K
Kevin P.
2 months ago

I signed up with Elmstone union through word of mouth in my investment club 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: Fast execution|Educational resources|Dedicated account manager|Wide product range

Cons: Slow to add new assets

Something doesn't add up here

D
Daniel M.
3 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Elmstone union 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

A company that does not deserve your trust

A
Alex K.
4 months ago

I joined Elmstone union after attending a webinar they hosted and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Risk management tools|Smooth onboarding|Demo account available|Multi-currency support

Cons: Research section could be deeper

Lost my investment - DO NOT TRUST

O
Oliver G.
6 months ago

Tried to withdraw my funds from Elmstone union 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