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.
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.
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.