Elite Broker presents itself as a financial services provider operating from Bahnhofstrasse 47, 4622 Egerkingen, Switzerland. It appears on the FCA Warning List because it is not authorised by the FCA and may be targeting people in the UK, so consumers are warned to avoid dealing with it.
Elite Broker is an online trading firm that presents itself as an investment broker or trading platform offering forex, crypto and CFD trading. Many pages labelled Elite Broker Review or Elite Broker Scam Alert show similar contact details and claims of swift returns. The firm is not listed on the FCA register and has been flagged because its operations match patterns often seen in unauthorised firms: unsolicited contact, pressure to deposit, and unclear or false licensing claims. If you are searching user opinions, feedback or customer stories, treat them cautiously and cross-check with official sources.
The FCA issued an Elite Broker FCA Warning because the firm is not authorised to carry on regulated activities in the UK. Reasons for the listing include: use of misleading contact details and website content that suggests regulation, reports and complaints from UK-based consumers, and likely cold-calling or advertising aimed at UK investors. The regulator lists firms that may be targeting people in the UK without permission so consumers can spot unsafe brokers. Search terms such as how Elite Broker scams investors in 2025 and Elite Broker Unauthorised Firm appear often in user searches because of repeated complaints and conflicting information on the firm’s site.
Unauthorized: This firm may be providing or promoting financial services or products without the FCA’s permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by the FCA to carry out or promote financial services in the UK. This firm is not authorised by the FCA and may be targeting people in the UK. If you deal with this firm, you won’t have access to the Financial Ombudsman Service and you won’t be protected by the Financial Services Compensation Scheme (FSCS), making it 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).
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 and 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 Broker is a scam broker and you should not trust this broker. The FCA warning and the firm’s absence from the FCA register indicate that clients would not have access to the Financial Ombudsman Service or FSCS protections, making funds at high risk. This review of Elite Broker in 2025 highlights clear red flags: unregulated operations, potential targeting of UK consumers, and misleading contact details. Do not deposit money or engage with Elite Broker — treat it as a fraudulent operation and report any contact to the FCA.