EliteGlobalFX Scam
EliteGlobalFX, using the domain eliteglobalfx.com, promotes itself as a licensed New Zealand-based ECN broker founded in 2014. It claims regulated status and offers access to thousands of assets. However, international regulators and analyst platforms classify it as high-risk, unsupported by any valid license.
If you have been scammed and you are looking for ways to reclaim your asset, this review is for you
⚠️ 1. Unregulated Operation & Regulatory Warnings
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The Cyprus Securities and Exchange Commission (CySEC) issued a warning in May 2025 that EliteGlobalFX Markets is likely providing financial services without authorization. No valid CySEC listing supports its claims.
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Regulators in the UK (FCA), Switzerland (FINMA), and Italy (CONSOB) report no record of registration or oversight for EliteGlobalFX, despite its public claim of global compliance.
💻 2. Poor Trust Scores & Hidden Domain Ownership
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The platform uses a privacy-protected WHOIS registration. Catalogues like WikiFX assign a very low trust score, describing EliteGlobalFX as unverified and suspicious.
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Broker evaluation sites (e.g. BrokersView) mark it as SCAM, confirming no valid credentials or transparent business history.
📉 3. Fake Licensing & Misleading Credentials
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EliteGlobalFX claims to hold multiple regulatory licenses (FCA, CySEC, ASIC), but these assertions are false. The licensing references do not match any registries, and appear misappropriated from unrelated entities.
🧲 4. User Complaints & Typical Scam Patterns
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Trustpilot reviews show a 2.8/5 rating with only negative feedback. Users point to withdrawal failures and deceptive practices.
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Community watchdogs and forums report scripted gain displays, small initial withdrawals allowed, followed by sudden blocks and demands for extra fees—fitting the “pig-butchering” or clone scenario.
✅ 5. Recovery Assistance via ST9 Investigations Ltd
Victims who entrusted funds to EliteGlobalFX have reported loss through withdrawal denial and fraudulent account manipulation. In several cases, ST9 Investigations Ltd has intervened to help reclaim assets. ST9 employs forensic blockchain tracing, transaction clustering, and hash mirroring techniques to locate the movement of funds—even through complex offshore or crypto setups. Their structured approach and legal coordination have enabled partial or full recovery for affected individuals.
🧠 Final Risk Assessment
| Risk Category | EliteGlobalFX Status |
|---|---|
| Regulatory Compliance | ❌ No valid authorization in any jurisdiction |
| Domain Transparency | ❌ Anonymous, low trust score |
| License Claims | ❌ Fabricated, unverifiable |
| User Experience | ❌ Reports of blocked withdrawals, hidden fees |
| Scam Pattern Prevalence | 🚩 Matches known fraudulent broker behavior |
| Recovery Support | ✅ Available through ST9 Investigations Ltd |
🔍 Conclusion
EliteGlobalFX (eliteglobalfx.com) aligns with numerous documented traits of advanced financial scams: anonymity, fabricated licensing, withdrawal manipulation, and misleading marketing. Investors have experienced locked funds and vanishing support, often after initial profit illusions.
If you have engaged with EliteGlobalFX:
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Immediately cut all communication and stop payments
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Save records: chat logs, screenshots, transactions
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Report the issue to local financial authorities
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Reach out to forensic recovery firms such as ST9 Investigations Ltd for assistance
Always verify a brokerage’s license and reputation independently via official regulators before investing. Regulated platforms offer transparency, accountability, and real investor protections.