The BaFin issues a warning against Elevate Capital LTD On April 30, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Elevate Capital LTD, believing this company might be providing financial services or products without proper authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_04_24_elevate_cap_co_en.html;jsessionid=E6C19AB6270002E0ED7AD39E1A6416FF.internet991

BrokersView has reviewed that Elevate Capital LTD is an unregulated broker It claims to be headquartered in the UK. After searching, we found a company with the same name in the Financial Conduct Authority (FCA). Although it is no longer regulated, when we click on the details page, we find that the website address of Elevate Capital LTD is inconsistent with that of the FCA. Therefore, we know that the two are not the same company. So in fact, Elevate Capital LTD has never been registered with the FCA. In addition, the Federal Financial Supervisory Authority (BaFin) issued a warning against Elevate Capital LTD, believing this company might be providing financial services or products without proper authorization. In essence, Elevate Capital LTD is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Elevate Capital LTD appears to be a scam.

BrokersView has identified that Elevate Capital LTD's website is currently offline BrokersView found that the domain "https://elevate-cap.co/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Is Elevate Capital LTD a scam or legit? Dear Investor, Elevate Capital LTD presents multiple red flags, strongly indicating that it is an untrustworthy and potentially deceptive financial entity. False Claims of UK Registration: The company claims to be headquartered in the UK. However, our investigation revealed that while a company with the same name exists in the Financial Conduct Authority (FCA) database, it is no longer regulated. Furthermore, its listed website address does not match the FCA's records, proving they are not the same entity. In reality, Elevate Capital LTD has never been registered with the FCA. BaFin Warning Issued: The Federal Financial Supervisory Authority (BaFin) has officially warned that Elevate Capital LTD may be providing financial services without proper authorization, reinforcing concerns about its legitimacy. Given these alarming signs, Elevate Capital LTD appears to be a scam. Investors should avoid this unlicensed platform to ensure security and protection. View Source

Scam Elevate Capital LTD disappeared! Dear Investor, We understand how distressing and frustrating this situation may be. Elevate Capital LTD has been flagged as a fraudulent entity, posing serious risks to investors. Things have gone even worse, the website of the platform has been deactivated. To prevent further financial losses, we strongly advise you to cease all engagement with Elevate Capital LTD and report it to your local authorities immediately. Additionally, we encourage you to submit your complaint on our platform, where our dedicated team will thoroughly review your case and explore possible ways to assist you. By sharing your experience, you help raise public awareness and protect others from falling victim to similar scams. Finally, please remain vigilant against recovery room scams, where fraudsters send unsolicited messages claiming they can recover lost funds in exchange for fees. In reality, these scams prey on victims’ urgency, further defrauding them rather than providing genuine assistance. View Source