ELTFV has been flagged by Securities Commission for "Unauthorised". Operating a digital asset exchange (DAX) without registration This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
ELTFV advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Great customer service|API access|Stable platform
Cons: Charting tools need more indicators
I had high hopes for ELTFV based on a colleague's recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dividend tracking|Low minimum deposit|Transparent fees|Personal attention
Cons: Could offer more webinars|Inactivity fee applies after 12 months
The onboarding at ELTFV was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Reliable uptime|Comprehensive tools|Demo account available|Real-time alerts
Cons: Alert system is basic|Wait times can be long during peak hours
I was about to invest with ELTFV but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Securities Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Flagged by Securities Commission|Cannot verify credentials
Do not believe the bonus offer from ELTFV. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through my accountant's suggestion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Multi-device support|Easy withdrawals
Cons: Wait times can be long during peak hours|Limited cryptocurrency options
KYC with ELTFV is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Copy trading available|Transparent fees
Cons: Live chat only during business hours|No fractional shares
After for just over a year with ELTFV, 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: Excellent charting|Dividend tracking|Two-factor authentication
Cons: Inactivity fee applies after 12 months|Alert system is basic
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. ELTFV said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Portfolio tracking tools
Cons: No crypto staking|Minor UI glitches occasionally
I was contacted by ELTFV 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.
Cons: Blocked my account|No legitimate license|Fake returns
The reporting at ELTFV is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Intuitive for beginners|Low minimum deposit
Cons: No phone support on weekends