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EEL Financial Services Ltd foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.eelfx.com/en/auth/sign-up, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia..

EEL Financial Services Ltd Forex Broker

Basic information

Registered region
Saint Lucia
Operating period
--
Company Name
EEL Financial Services Ltd
Abbreviation
EEL Financial Services Ltd
Company employee
--
Customer Service Email Address
eelfx536@gmail.com
Contact number
+97143542425
Company website
Company address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Company NameEEL Financial Services LtdRegistered Country/AreaSaint LuciaRegistration year2024-03-20RegulationUnregulatedMarket InstrumentsForex, Stocks, Commodities, Cryptocurrencies, and Precious MetalsSpreadSpreads as low as 0LeverageUp to 1:500Trading PlatformMT5Demo AccountAvailableDeposit & Withdrawal$100Customer SupportEmail:eelfx536@gmail.comPhone:+971 4 354 2425(24/5)ToolsIntroducing Broker, Economic Calendar, Pip Calculator

EEL Financial Services Ltd Information

  EEL Financial Services Ltd is an online transaction service provider, that mainly provides users with 5 trading market instruments, including forex, stocks, commodities, cryptocurrencies, and precious metals. Traders can trade through MT5. In addition, EEL Financial Services Ltd provides 24/7 customer support (except phone).

Pros and Cons

Pros Cons
24/7 Customer Support(No Phone)Unregulated
Spreads as low as 0Demo account unavailable
Commission free(only Forex)
5 types of trading assets

Is EEL Financial Services Ltd Legit?

  EEL Financial Services Ltd is not regulated to date.

What Can I Trade on EEL Financial Services Ltd?

  Traders can achieve diversified portfolio investments through EEL Financial Services Ltd, which provides traders with 5 trading markets including stocks, commodities, cryptocurrencies, foreign exchange, and precious metals, with more than 300 trading varieties.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type

  Traders can open Classic, Standard, and Max accounts at EEL Financial Services Ltd. Traders can trade foreign exchange without commissions and enjoy swap-free trading with a Max account.

Account Type ClassicStandardMax
Min Deposit$100$500$2000
Trading PlatformMT-5MT-5MT-5
CurrencyUSDUSDUSD
Leveragefrom 1:10 to 1:500from 1:10 to 1:500from 1:10 to 1:200
Commission$0 FX,$6 Metals and CFD's Commission$0 FX,$6 Metals and CFD's Commission$0 FX,$4.5 Metals and CFD's Commission
Min SpreadNot mentioned1.5pipsRAW Spread
SwapSwap ApplicableSwap ApplicableSwap-Free
Trading VolumeMinimum 0.01 per lotMinimum 0.01 per lotMinimum 0.01 per lot

EEL Financial Services Ltd Fees

  In EEL Financial Services Ltd, the lowest spread for a Standard account starts from 1.5, and the Max is RAW Spread. Forex is commission-free, while the commission for Metals and CFD is $6, except for the Max account the commission for Metals and CFD is $4.5. The Max account swap is free.

Leverage

  The trading leverage range of EEL Financial Services Ltd is1:10 to 1:500. The higher the leverage, the greater the risk.

Trading Platform

  EEL Financial Services Ltd provides a proprietary platform. Traders can choose to conduct online transactions here or on MT5. Trading Platforms can be downloaded from the App Store, Google Play, and Windows.

Trading PlatformSupported Available Devices
EEL Financial Services LtdWeb
MT5Web

Deposit and Withdrawal

  EEL Financial Services Ltd requires deposits, the minimum deposit is $100. The payment methods include MasterCard, WebMoney, Cryptocurrency, etc.

Customer Support Options

  EEL Financial Services Ltd offers 24/5 telephone and email customer support.

Contact Options Details
Phone +971 4 354 2425(24/5)
Email eelfx536@gmail.com
Support Ticket System
Online Chat
Social Media
Supported Language English
Website Language English
Physical Address 210,Al Nasr Plaza-comm, oudMetha, U.A.E

The Bottom Line

  EEL Financial Services Ltd fee information, such as spreads and commissions, is relatively clear, and related transaction fees can be calculated. However, the platform is not regulated, so security is relatively low. The leverage of EEL Financial Services Ltd's financial products is as high as 1:500, which means the risk is relatively high.

FAQs

  Is EEL Financial Services Ltd safe?

  No, because of unregulated status.

  What account types is EEL Financial Services Ltd?

  EEL Financial Services Ltd offers 3 types of accounts, including Classic, Standard, and Max.

  What fees does EEL Financial Services Ltd have?

  EEL Financial Services Ltd claims that the spread is as low as 0, but the information seen is that the standard account spread starts at 1.5, and the Max is RAW spread. In terms of commission, forex products are commission-free, while other products are $4.5 or $6.

Risk Warning

  Any transaction is based on the estimated price difference to make profits, which will lead to certain risks, please be careful!

  

Rating Index

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EEL Financial Services Ltd Forex Broker has an overall rating of 1.16, Regulatory Index 0.00, License Index 0.00, Business Index 4.31, Software Index 4.00 Risk Control Index 0.00.