logo
English

Broker

Account

Safe

Review

Trade

Search

Regarding the legitimacy of Elland Road forex brokers, it provides a comprehensive investigation into the security aspects of regulatory FSCA, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

White Label

Risk Control

Risk Manage

Is Elland Road safe?

The regulatory license is the strongest proof.

FSP corp

FSCA Financial Service Corporate

Financial Sector Conduct Authority

Financial Sector Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Exceeded
  • License Type:

    Financial Service Corporate
  • Licensed Institution:

    ELLAND ROAD CAPITAL (PTY) LTD ELLAND ROAD CAPITAL (PTY) LTD
  • Effective Date: Change Record

    2022-02-10
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    OFFICE 162 FIRST FLOOR , WILLOW BRIDGE CENTRE CARL CRONJE DRIVE, CAPE TOWN , WESTERN 7530
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

Is Elland Road a scam, or is it legit?

The latest exposure and evaluation content of Elland Road brokers.

ellandroadcapital stock investment fraud
Please. It's unfair. Please help me. I lost a lot of money, about 14,000,000 won, in an instant through a stock investment scam at Elland Road Capital. I suffered so much stress and pain. Once money has been deposited, withdrawal is not permitted even if a withdrawal request is made. The entire investment amount will never be returned. The money is nowhere to be found. Currently, a withdrawal request balance of $2270.00 is requested. Payment is not being approved. (Attachment below) When making a deposit (investment), the deposit is received by changing the bank and depositor to a personal account. The details of the deposit are disclosed. December 2023 Hana Bank - Eunju Jeong 1,035,86323 December 2023 Kookmin Bank - Co., Ltd. Red ticket 1,575,000December 2023 Industrial Bank of Korea - Jaewon Park 1,386,362December 2023 Hana Bank - Eunjoo Jeong 693,181December 2023 Industrial Bank of Korea - Jaewon Park 5,000,000December 2023 Industrial Bank of Korea - Jaewon Park 4,000,000** The account manager is Turkey (Asia) Manager-Met.** When I say that I do not understand why I cannot issue the invested money, he tells me to report it to the police. At first, they say that you can make a lot of profit, and they show you and explain what the Santa Claus Rally is by searching the Internet for Santa Claus Rally. In the stock market ahead of Christmas, data shows that everyone has made big profits starting around Christmas every year for over 70 years. World-famous big companies like Apple, Tesla, and Facebook also explain that they all invest in stocks at Christmas time to avoid paying taxes. Account Manager: This is a story told by Turkey (Asia) Manager-Met. Then, he said he was the team leader and changed the phone call to the woman. She says only about 200 people will be recruited and if she is selected she will not be able to invest. If you deposit at least $10,000, you can all invest together on the same day in time for Christmas. Additionally, your level will be updated to Silver, fees will be significantly reduced, and you will receive $2000.00 in credit, which will allow you to make a large profit of about $1000 or more. They encouraged deposits by showing data that if you invest $25,000, you can earn a profit of about $2000.00 or more by giving $5000.00 in credit. I ended the transaction and requested to withdraw the remaining balance of $8400,00. She called me right away and got upset. I decided to call later and ended the call. An hour later, I got a call from Met, the manager in charge of Asia in Turkey. I was told that if I trade for one day and wait, I can withdraw my money tomorrow. After starting trading, all $8400 was withdrawn within 1-2 days of trading. I am writing this in the sincere hope that there will be no more victims.
After adding funds and opening an account, trading cannot be made.
Because I trusted the company's website and the recommended staff, I trusted them and agreed to deposit money to open the account. But when opening an account, it cannot be traded and the demo account cannot be used. So I decided to withdraw the money I added, concluding that I would have to wait 3-4 business days to withdraw the money. So I feel like it shouldn't be a list to choose from when opening an account.
Suspicious and Fraudulent Modus of operandi
Allandroad account is: (*******)Will share details step by step in few weeks since it is in scrutiny. But if there was rating in Negative I would have put -5.Not because of loss/profit, but overall their modus of operandi. Will suggest to all to be cautious, if you are sharing credit card details at international level and pressurized to add more money showing temporary some profits.If you start noticing your holding in loss after some profit please stop it there itself and withdraw your remaining amount immediately, and change you credit card immediately.Even if you show the Trustpilot/other review and asked them,they will give you examples of some know national Company negative review.This is a trap. Please don't go for it.You will be in loss,not because of shares., but you will never receive your invested money back as they don't have any withdrawal process on its own. You need to get their approval which will only be for first time to gain your confidence (that too after few reminders) and next time your money will be gone. Not sure if its really getting invested in Market itself.This is screenshot of same card from which fraudulent international transaction did happen. Apart from this I have also share some Audio recordings which was always on internet and attachment( email by their account /sales manager "*******@ellandroadcapital.com ") to "*******@ellandroadcapital.com>" email. I need my money back since I am sure it was not at all a loss which they want to proof. IN fact I can say that was not trading but trap, to get our hard earned moneySteps how I faced the number of fraudulent issues after registering to Ellandroad:1) You just click the URL and curiously enter the email Id details2) Their person will immediately call you and insist very politely to complete your registration and they will add credit of amount $50(This is 1st trap) to convince you. The minimum amount is 250$ to get yourself registered They will also insist to use credit card only as the other payment option will not work.3) They will very humbly help you to enable your international transaction feature (This is 2nd trap)4) Immediately their sales person will start calling you on Zoom meeting to start trading. He will get familiar to you and also some of your monetary related issue5) You will be happy to see some positive trading for 2 to 3 days.(This is 3rd trap)6) Now sales person will insist to add some more amount.7) You will somehow add minimum again and that is 250$.I have also added.8) Since I had a doubt on overall withdrawal process I tried to withdraw some amount. This sales person has immediately call me to know why I am withdrawing my amount. Not sure why I did not suspicious about it, but you will need to give justification to withdraw your own amount (Why we need to justify not sure). He said that without my approval you cannot. Which should have clicked to me, but he immediately asked that since he is SPOC for me and all my issues will be addressed by him and that is the reason I need to contact only him. He asked me to share the bank account and IFSC code to deposit the money. The account details taken by him is never visible in withdrawal section and also did not see any transaction ID.9) Sales person will leave you alone for some days so that you can do some transaction on you own if you don't add any more money which he has insisted for.10) In my case the transaction was going in loss and hence to sustain I have to add more money.(4th Trap)11) Since I was not taking his call almost for a week and also did not add anymore money, thinking there is some problem around overall process, but was not sure so decided not to add anymore money irrespective if it profile /loss. Vey next week, the day has arrived i.e. 25th July.A) I received the SMS for same card from which I have done the payment to ELLANROAD that about 729$ is deducted without any OTP and so on. And immediately second SMS. Lucky me since I have added the limit in the card. I got my card blocked immediately, but there was loss of 729$ which also reported disputeB) On the same day after blocking my card I tried to withdraw some amount from Ellandroad (so initiated the process) since already was suspicious about the incident and my transaction was showing some profit.C) Shahz immediately call me during office hrs for completing one transaction, and since that day I was little disturbed with overall incidence happening, I think I did realize but till the time I can conclude he has given last blow. He insisted to complete it since will not take much time. In hurry I did not realize this person was not looking for any profit for me but wanted to get my account closed by enabling major loss. Within 5 minutes all my amount got vanished. I have added the details of my last transaction. Within 5 min it was 400+$ loss and that also closed my all other transaction too.I can share the call record logs for 25th July too.I have share all my experience step by step. Hope this can help other to decide wisely. Also somewhere I wish to get my hard earned money back. Not sure how and who can help.
Lose life savings
I advise everyone to stay as far away as possible, regardless of whether it is a scam or a real investment transaction. This is a bottomless pit. I lost nearly $400000 in total, my life savings. I can only blame myself for being greedy, unwilling, and wanting to earn back after losing, just like gambling. They will have different people tell you, they will help you transfer it back, and they will give you a bonus. But you also need to invest yourself, always wanting you to invest, but in the end, all your positions will be closed and all the funds will be gone. I hope no one will be like me again, this is a very painful price.
Elland Road's latest industry rating score is 4.17, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Elland Road If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.