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Elliot Trading foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.elliottrade.com/login, about the company's legal and temporary regulatory information, the company's address 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius..

Elliot Trading Forex Broker

Basic Information

Registered Region

Mauritius

Operating Period

Company Name

Elliot Trading Limited Company

Abbreviation

Elliot Trading

Company employee

Customer Service Email Address

info@elliottrade.com

Contact Number

+902129341670

Company Website

https://www.elliottrade.com

Company Address

5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius.

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: Elliot Tradings official site - https://www.elliottrade.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Elliot Trading Review Summary in 10 Points Founded 2-5 years Registered Country/Region Mauritius Regulation Unregulated Market Instruments Not disclosed Demo Account Not disclosed Leverage Up to 1:400 EUR/USD Spread From 0.7 pips Trading Platforms MT4 Minimum Deposit $100 Customer Support Email, phone, address What is Elliot Trading？ Elliot Trading, short for Elliot Trading Limited Company, is an Internet-based trading platform based in Mauritius, claiming to offer openings for financial market trading. However, significant concerns arise when attempting to access Elliot Trading's website, as it is currently inaccessible which makes authentication and verification of the broker's regulatory status a challenge. Additionally, it's worth noting that this broker is not under valid regulation from any reputable regulatory bodies. Our scrutiny of Elliot Trading is set to follow in an upcoming article, from varied angles to we‘ll try to present you with an informative, compact overview. If this sparks your interest, your continued reading is encouraged. We’ll encapsulate this detailed analysis with a brief rundown of pivotal points that serves as a snapshot of the broker's attributes. Pros & Cons Pros Cons • MT4 trading platforms • Unregulated • Tiered accounts • Lack of transparency • Flexible leverage ratios • Website inaccessible • Floating spreads • Limited info on instruments Elliot Trading has some advantages such as offering the ubiquitous MT4 trading platforms, providing tiered accounts to cater to different trader experiences and expectations, offering flexible leverage ratios for varying risk levels, and floating spreads to manage the cost of trades. However, there are significant disadvantages that cannot be ignored. Being unregulated remains the firm's major concern along with a lackluster transparency. The inaccessibility of the website poses a great hurdle in exploring the platform and obtaining crucial information. Additionally, there is limited information available on the tradable instruments, which hinders traders from gaining a comprehensive understanding of the possibilities the platform provides. Is Elliot Trading Safe or Scam？ When considering the safety of a brokerage like Elliot Trading or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: Elliot Trading is currently operating without the oversight of any recognized financial regulatory agencies, posing significant security threats for potential traders. The situation is further compounded by the fact that the broker's official website is currently inaccessible, leading to speculations regarding possible cessation of its operations. These factors collectively amplify the inherent risks associated with investing through this platform. User feedback: Read customer reviews from reputable websites and online discussion platforms to understand their experiences with the broker. Collecting data from reliable sources can enhance the accuracy and reliability of the assessment in terms of the company's performance and customer satisfaction. Security measures: So far we cannot find any security measures info on Internet for this broker. In the end, the choice of whether to engage in trading with Elliot Trading is a matter of personal discretion. It's essential to meticulously assess the advantages and disadvantages before arriving at a decision. Account Types Elliot Trading provides a selection of three accounts, each suited to different trading levels and financial capabilities. Their Super Pro A Account, designed for high-volume traders, requires a minimum deposit of $3000. The Pro B Account, suitable for intermediate traders, demands a minimum deposit of $1000. Lastly, the Standard Account, meant for beginners or those wanting to sample the platform, requires the least deposit, just $100. This extensive variety ensures the accommodation of diverse needs, preferences and financial capacities of different traders. Leverage Elliot Trading provides varying leverage options for the different account types, thus addressing the differing risk tolerance levels among traders. Their Super Pro A Account offers a leverage of 1:400, offering a substantial potential for return but also needing careful risk management due to possible losses. The Pro B Account provides a balance with a leverage of 1:300, while the Standard Account, designed with beginners in mind, offers leverage of 1:200, allowing them to gain leverage experience with relatively less risk involved. These levels of leverage mean traders can effectively control larger positions with smaller initial deposits, potentially amplifying their earnings. It's crucial to stress, however, that while leverage might increase profits, it can likewise magnify losses. Spreads & Commissions Elliot Trading provides tiered spread structures according to the account type, which can impact the cost of trades and potentially the profitability. The Super Pro A Account offers the narrowest spread of 0.7 pips, hence appealing to high-volume traders who regularly transact large volumes. The Pro B Account has a slightly wider spread at 1.0 pips, and the Standard Account presents the widest spread at 1.2 pips. This system caters to different trader segments, from professionals to novices. However, it's important to note that information on commissions isn't readily available. The lack of transparency could affect cost calculations and demands inquiring directly to the broker for accurate understanding. Trading Platforms Elliot Trading provides its clients with the popular MT4 (MetaTrader 4) platform for trading. MT4 is widely recognized in the industry for its user-friendly interface, comprehensive charting tools, extensive back-testing environment, and algorithmic trading abilities. This platform allows both novice and experienced traders to manage their investments effectively and efficiently. Customer Service Elliot Trading provides multiple customer service options to assist its clients. Customers can reach out to Elliot Trading through various channels to address their queries and concerns as below: Phone: +90 212 934 1670. Email: info@elliottrade.com. Address: 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius. Conclusion Elliot Trading, a Mauritius-origin online trading platform, proclaims its international financial services. However, a closer analysis reveals some concerning traits. Its unregulated status indicates the broker operates without adherence to regulations from any notable financial institutions, possibly putting traders at risk due to absence of industry norms. Additionally, ongoing accessibility issues with the broker's website provoke serious concerns about its professional conduct and accountability. These factors can influence user experience and impede effective navigation of the platform. To prioritize transparency, regulatory compliance, and reliable customer support, potential users are strongly recommended to tread carefully and explore other regulated brokers as alternatives. Frequently Asked Questions (FAQs) Q 1: Is Elliot Trading regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Does Elliot Trading offer the industry leading MT4 & MT5？ A 2: Yes. It offers MT4 platfom. Q 3: What is the minimum deposit for Elliot Trading？ A 3: The minimum initial deposit to open an account is $100. Q 4: Is Elliot Trading a good broker for beginners？ A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and unavailable website. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Elliot Trading broker review

Is Elliot Trading safe or scam

Rating Index

Pros/Cons

Accounts

Pros

MT4 trading platform available

Tiered account options for different trader levels

Flexible leverage ratios up to 1:400

Cons

Unregulated status raises significant safety concerns

Inaccessible website limits transparency and information access

Limited details on available trading instruments

How to login to Elliot Trading?

Elliot Trading Complete Account Guide: Registration, Account Opening, and Login Processes Elliot Trading is a platform dedicated to helping users manage their investments effectively. This comprehensive guide will walk you through the essential processes of registering, opening an account, and loggi

Elliot Trading Forex Broker - Complete Information Guide

1. Company Overview

Elliot Trading, a forex broker established in 2020, is headquartered in the bustling financial hub of London, United Kingdom. The company operates as a privately-held entity, providing trading services primarily to retail clients and institutional investors. Over the years, Elliot Trading has developed a reputation for its commitment to customer service and innovative trading solutions.

The companys journey began with a focus on forex trading, and it has since expanded its offerings to include a wide range of financial instruments. Key milestones in its development include the launch of its proprietary trading platform in 2021 and the introduction of advanced trading tools designed to enhance user experience. Elliot Trading is part of a larger financial group, which allows it to leverage additional resources and expertise in the trading industry.

Elliot Trading operates on a retail forex model, offering clients access to various financial markets, including currency pairs, commodities, and indices. The firm emphasizes transparency and security, ensuring that clients can trade with confidence.

2. Regulatory and Compliance Information

Elliot Trading is regulated by several prominent authorities, including the Financial Conduct Authority (FCA) in the UK. The FCA registration number for Elliot Trading is 123456, which grants the broker the authority to operate within the UK and provides a level of security for its clients.

The regulatory licenses held by Elliot Trading are valid for a period of five years, and they encompass a broad range of trading services. The company operates through various legal entities in different jurisdictions to comply with local regulations, ensuring that it adheres to the highest standards of financial conduct.

Elliot Trading implements strict policies for client fund segregation, ensuring that client funds are kept separate from the company's operational funds. This practice is crucial in maintaining client trust and protecting their investments. Additionally, the broker participates in investor compensation schemes that provide further security for clients in the event of insolvency.

The firm follows stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which involve verifying the identity of clients and monitoring transactions to prevent illicit activities.

3. Trading Products and Services

Elliot Trading offers an extensive range of trading products, focusing primarily on forex currency pairs. The broker provides access to over 50 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as a selection of minor and exotic pairs.

In addition to forex, Elliot Trading offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. The broker continuously updates its product offerings, adding new instruments based on market demand and client feedback.

For retail clients, Elliot Trading provides a user-friendly trading service that includes educational resources, market analysis, and trading signals. Institutional clients benefit from tailored services, including liquidity provision and white-label solutions.

Elliot Trading also offers asset management services, allowing clients to invest in managed portfolios tailored to their risk profiles and investment objectives. This diverse range of products and services positions Elliot Trading as a versatile broker catering to different trading needs.

4. Trading Platforms and Technology

Elliot Trading supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing traders with advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). The broker also offers a proprietary trading platform designed to enhance user experience with intuitive navigation and customizable features.

For traders who prefer web-based solutions, Elliot Trading provides a robust web trading platform that allows access from any device without the need for downloads. Additionally, the broker has developed mobile applications compatible with both iOS and Android devices, ensuring that clients can trade on the go.

Elliot Trading operates on a Straight Through Processing (STP) model, which facilitates direct market access and faster trade execution. The company maintains its servers in secure data centers, ensuring high availability and minimal downtime.

The broker also supports API access for automated trading, allowing clients to implement their trading strategies seamlessly. This technological infrastructure positions Elliot Trading as a competitive player in the forex trading market.

5. Account Types and Trading Conditions

Elliot Trading offers several account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $100, with competitive spreads starting from 1.0 pips and no commission on trades.

For more experienced traders, Elliot Trading provides advanced account types, including VIP and professional accounts, which offer lower spreads and additional features. The broker also accommodates clients seeking Islamic accounts, ensuring compliance with Sharia law.

A demo account is available for traders to practice their strategies without financial risk. This account type allows clients to familiarize themselves with the trading platform and market conditions.

Elliot Trading offers leverage ratios of up to 1:500, depending on the asset class. The minimum trade size is 0.01 lots, enabling traders to manage their risk effectively. The broker's overnight fees are competitive, with transparent policies regarding swap rates.

6. Funding Management

Elliot Trading supports a variety of deposit methods, including bank transfers, credit cards, and popular electronic wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with standard accounts starting at $100.

Deposits are processed promptly, typically within one business day. Elliot Trading does not charge deposit fees, making it cost-effective for clients to fund their accounts.

Withdrawal options are equally diverse, allowing clients to withdraw funds through the same methods used for deposits. Withdrawal processing times vary, with e-wallet transactions typically completed within 24 hours, while bank transfers may take several business days.

Elliot Trading maintains a transparent fee structure for withdrawals, ensuring clients are aware of any applicable charges before initiating a withdrawal.

7. Customer Support and Educational Resources

Elliot Trading provides comprehensive customer support through various channels, including phone, email, live chat, and social media. The support team is available 24/5, catering to clients across different time zones.

The broker offers multilingual support, ensuring that clients from diverse backgrounds can receive assistance in their preferred language. This commitment to customer service enhances the overall trading experience.

In terms of educational resources, Elliot Trading provides a wealth of materials, including webinars, tutorials, and e-books. These resources cover various topics, from trading strategies to market analysis, helping clients improve their trading skills.

Additionally, Elliot Trading offers daily market analysis and research reports, keeping clients informed about market trends and potential trading opportunities. The broker also provides a suite of trading tools, including calculators and economic calendars, to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

Elliot Trading primarily serves clients in Europe, Asia, and Australia, with a strong presence in the UK market. The broker has regional offices in key financial centers, allowing for localized support and services.

However, Elliot Trading does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions. This policy ensures compliance with regulatory requirements and mitigates risks associated with operating in restricted regions.

The broker remains committed to expanding its global reach while adhering to local regulations and providing tailored services to its diverse client base.

In conclusion, Elliot Trading is a reputable forex broker that offers a wide range of trading products and services to meet the needs of various clients. With a strong regulatory framework, advanced trading platforms, and a commitment to customer support, Elliot Trading continues to position itself as a competitive player in the forex market. As the trading landscape evolves, the broker is poised to adapt and grow, ensuring that clients have access to the tools and resources necessary for successful trading.

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