Regarding the legitimacy of Element forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,FSA,FCA, and WikiBit, as well as whether there are any negative scam reviews.
Rating Index
Business
License
FCA Suspicious Clone 
Is Element safe?
The regulatory license is the strongest proof.
ASIC Market Making(MM)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Current Status:
Suspicious CloneLicense Type:
Market Making(MM)
Licensed Institution:
AVA CAPITAL MARKETS AUSTRALIA PTY LTD
Effective Date: Change Record
2011-11-09Email Address of Licensed Institution:
D.Ferguson@avatrade.comSharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
AVA CAPITAL MARKETS AUSTRALIA C/- WEWORK, Ground Floor, 320 Pitt Street SYDNEY NSW 2000 AUSTRALIAPhone Number of Licensed Institution:
1800 206 496Licensed Institution Certified Documents:
FSA Retail Forex License
Financial Services Agency
Financial Services Agency
Current Status:
Suspicious CloneLicense Type:
Retail Forex License
Licensed Institution:
Effective Date:
2007-09-30Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
東京都港区赤坂２－１８－１ 赤坂ヒルサイドビル４階Phone Number of Licensed Institution:
03-4577-8900Licensed Institution Certified Documents:
FCA European Authorized Representative (EEA)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
Suspicious CloneLicense Type:
European Authorized Representative (EEA)
Licensed Institution:
Effective Date:
2009-07-23Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
https://www.avatrade.com/， https://www.avafx.com/Expiration Time:
--Address of Licensed Institution:
AvaTrade Financial Center Five Lamps Place Amien Street Dubl 1 IRELANDPhone Number of Licensed Institution:
35314365210Licensed Institution Certified Documents: