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ELITECM INTERNATIONAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.elitecmcap.com/#/user/register?code=T00001, about the company's legal and temporary regulatory information, the company's address .

ELITECM INTERNATIONAL Forex Broker

Basic information

Registered region
Australia
Operating period
--
Company Name
ELITECM INTERNATIONAL PTY LTD
Abbreviation
ELITECM INTERNATIONAL
Company employee
--
Customer Service Email Address
support@elitecmin.com
Company website
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk

Company profile

ELITECM INTERNATIONAL Review SummaryFounded2021Registered Country/RegionAustraliaRegulationRegulated by the ASICMarket Instrumentsforex currency pairs, commodities, precious metals, futures, and cryptocurrenciesDemo AccountNoLeverage1:100-1:400Trading PlatformsMT5Customer Support24/7 email, online messaging

ELITECM INTERNATIONAL Information

  ELITECM INTERNATIONAL, a trading name of ELITECM INTERNATIONAL PTY LTD, is allegedly a multi-asset broker registered in Australia that claims to provide its clients with various tradable financial instruments including forex currency pairs, commodities, precious metals, futures, and cryptocurrencies, with flexible leverage up to 1:400 on the MT5 trading platform.

  As for regulation, it has been verified that their ASIC licenses are either revoked or suspicious clone.

Pros & Cons

ProsCons
5 kinds of trading instruments availableRevoked status
Multiple account types to choose fromLimited information available on the website
Flexible leverage optionsNo demo accounts offered
Support for the MetaTrader5
24/7 customer support

Is ELITECM INTERNATIONAL Legit?

  ELITECM International is registered through GoDaddy.com, LLC, with its domain initially registered on June 4, 2022, and set to expire on June 4, 2025.

  ELITECM International has three licenses. It is regulated by the ASIC, with the license number of 001305408.

  Notably, its ASIC license No. 001296415 has been revoked, and another associated license, No. 001297047, appears to be a suspicious clone, which is unsafe.

  

What Can I Trade on ELITECM INTERNATIONAL?

  ELITECM INTERNATIONAL claims to provide access to a diverse range of trading instruments in various financial markets. This includes popular assets such as forex currency pairs, commodities, precious metals, futures, and even cryptocurrencies.

Tradable InstrumentsSupported
Forex currency pairs
Commodities
Precious metals
Futures
Cryptocurrencies
Mutual Funds

Accounts Type

  ELITECM International offers a total of two types of real trading accounts: Classic Account (STP) and Quantum Account (ECN). However, the broker does not provide demo accounts or Islamic accounts.

Leverage

  ELITECM International offers leverage options ranging from 1:100 to 1:400, providing traders with the ability to control larger market positions with a smaller amount of capital.

Trading Platforms

  ELITECM International supports MetaTrader 5 (MT5) for trading on both mobile and desktop devices, which is suitable for experienced traders, while MetaTrader 4 (MT4) is not available.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MT4Mobile and Desktop(Windows & macOS)Beginner

Deposits & Withdrawals

  ELITECM International does not specify whether it charges fees for deposits or withdrawals. The only supported deposit and withdrawal method is via bank transfer.

  Processing times for bank transfers usually range from 1 to 5 working days, depending on the banks and any intermediaries involved.

  

Rating Index

1.40

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Latest Reviews

Am

Am

United Kingdom

With many convenient services and quality products, ELITECM INTERNATIONAL attracts me a lot. And I also like their 24/7 support, low spreads, flexible leverage and MT5 platform!

Positive

2022-12-13

ELITECM INTERNATIONAL Forex Broker has an overall rating of 1.40, Regulatory Index 0.00, License Index 0.00, Business Index 6.14, Software Index 4.00 Risk Control Index 0.00.