Elite Forex Trades FCA Warning 2025: Is It Safe or a Scam?

Scam Broker Alert - Be Cautious

Introduction

Elite Forex Trades presents itself as a forex trading firm offering services to retail clients. It appears on the FCA Warning List because it is not authorised by the FCA and may be promoting financial services or products without permission.

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Who is the Broker?

Why is the Broker Listed On FCA Warning List?

Elite Forex Trades is on the FCA warning list because it is not authorised to provide regulated financial services in the UK. The FCA flags firms that: may be offering investment or trading services without permission; change or hide contact details; use names and details that mimic legitimate businesses; or use social channels and messaging apps to recruit clients. These are common signs people report when asking how Elite Forex Trades scams investors, and why the firm ended up as an Elite Forex Trades FCA Warning. The regulator warns the public so consumers know this trading platform may be unsafe and to avoid sending money or personal information.

Traders firm details

Name: Elite Forex Trades; Telephone: 447955895481; Email: [email protected]; Website: www.eliteforextrades.com/; Other Information: Facebook: @ Elite Forex Trades; Telegram: eliteforexsupport – https://t.me/+coS7rQg7ZFY4MjE8

Description

Unauthorized This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK. Search our Warning List for other unauthorised firms and individuals we’re aware of. Unauthorised firm details Name: Elite Forex Trades Telephone: 447955895481 Email: [email protected] Website: www.eliteforextrades.com/ Other Information: Facebook: @ Elite Forex Trades Telegram: eliteforexsupport – https://t.me/+coS7rQg7ZFY4MjE8 Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account. How to protect yourself You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected contact details for authorised firms If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Report an unauthorised firm If you think you’ve been approached by an unauthorised firm, call us on 0800 111 6768, or use our contact form. SEO-focused lines for search terms: how Elite Forex Trades scams investors, user experiences with Elite Forex Trades, how to avoid Elite Forex Trades scam, Elite Forex Trades FCA Warning details.

How to protect yourself

You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected contact details for authorised firms If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.

Final Thoughts About Broker

Elite Forex Trades is a scam broker and you should not trust this broker. This review of Elite Forex Trades in 2025 warns that the firm is not authorised by the FCA, may be operating fraudulently and should be avoided. If you have been contacted by Elite Forex Trades do not send money, verify licensing on the FCA Firm Checker and report the firm to the authorities.

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