Warning: Is EliteTrustFx a Scam?

Unregulated

EliteTrustFx (elitetrustfx.com) has been flagged as a potential scam broker. It lacks regulation from major authorities.

Investigation: EliteTrustFx (elitetrustfx.com)

Be careful of EliteTrustFx (elitetrustfx.com); it displays many indicators of a scam.

We found that it is located at 33 St James's Square, St. James's, London SW1Y 4JS, United Kingdom, the phone number is '+27693189543, and the support email is support@elitetrustfx.com.

EliteTrustFx claims to be a trading platform, but it is currently unregulated by any credible authority, like the ASIC or CySEC.

Have You Lost Funds to EliteTrustFx?

If EliteTrustFx refuses to release your capital, time is critical. Fill out the form below to speak with our recovery team for a no-obligation case evaluation.

Is EliteTrustFx Legit?

EliteTrustFx operates without regulation.

Investing with unregulated entities is extremely risky. Trusted firms are always authorized with agencies like the FINRA or FCA to ensure consumer safety.

EliteTrustFx lacks this supervision. As a result, there is no protection if they keep your funds. Many investment fraud use unregulated actors, and recovering money from them is hard without expert help.

For example, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In the US, they are not members of regulatory bodies, so your money is completely exposed.

Warning Signs of EliteTrustFx

Online trading fraud is getting smarter. Criminals use psychological tricks to take wealth. Here are common methods seen in brokers like EliteTrustFx (elitetrustfx.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a common method where scammers build trust over months. They build a romance on social media. Eventually, they mention a secret investment. It is a lie to get you onto a fake platform like EliteTrustFx.

The "Bonus" Trap

Scammers create websites that look exactly like real trading apps. You see graphs and profits that go up. But it is a fake. The broker manipulates the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

  • Cold Calling: They call you from "brokers" you don't know.
  • Unregulated: The company has no authorization.
  • High Returns: They promise huge profits or risk-free trades.
  • Withdrawal Issues: They refuse withdrawals. They demand "tax fees" first.
  • Pressure Tactics: Agents push you to deposit more.

Ignore fake reviews. Scammers often post their own positive comments to look legitimate.

Conclusion

We do not recommend EliteTrustFx. It is likely a scam. Save your funds and find a licensed broker. Avoid elitetrustfx.com at all costs.