The CONSOB blacklists Elite Forex for illegal operations On Nov 20, 2025, the Italian Companies and Exchange Commission (CONSOB) ordered Elite Forex to be blacklisted for offering financial services illegally in Italy. https://www.consob.it/web/area-pubblica/-/delibera-n-23760

BrokersView has found that Elite Forex appears to be a scam According to its website, it claims to be a reliable company, but it does not list any valid regulatory bodies on its website. Its office address is located in New Zealand, and no matching information was found with the Financial Markets Authority (FMA). In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Elite Forex to be blacklisted for offering financial services illegally in Italy. Therefore, Elite Forex is unregulated by any authority and appears to be a scam.