The UK FCA issued a warning against ELITECRYPTOTRADE24 On July 17, 2023, the Financial Conduct Authority (FCA) issued a warning against ELITECRYPTOTRADE24, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/elitecryptotrade24

BrokersView has reviewed that ELITECRYPTOTRADE24 is an unregulated broker ELITECRYPTOTRADE24 claims that it is regulated by the Commodity Futures Trading Commission (CFTC), the Belize Financial Services Commission (Belize FSC), and the Cyprus Securities and Exchange Commission (CySEC). However, our search for this company in the registers of the aforementioned regulators didn't yield any results, suggesting that it is falsely claiming to be regulated.Furthermore, the Financial Conduct Authority (FCA) has issued a warning against ELITECRYPTOTRADE24 for illegally offering financial services/products in the UK without their authorization.In essence, ELITECRYPTOTRADE24 is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

BrokersView has identified that ELITECRYPTOTRADE24's website is currently offline BrokersView found that the domain "https://elitecryptotrade247.com/" 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.

I never heard about this platform. Could you please check the license for me? Thank you! ELITECRYPTOTRADE24 is an unregulated broker and we strongly suggest you avoid this fraudulent platform despite the seemingly attractive deals it offers.ELITECRYPTOTRADE24 claims that it is regulated by the Commodity Futures Trading Commission (CFTC), the Belize Financial Services Commission (Belize FSC), and the Cyprus Securities and Exchange Commission (CySEC). However, our search for this company in the registers of the aforementioned regulators didn't yield any results, suggesting that it is falsely claiming to be regulated.Furthermore, the Financial Conduct Authority (FCA) has issued a warning against ELITECRYPTOTRADE24 for illegally offering financial services/products in the UK without their authorization.In conclusion, for a novice investor, it is advisable to verify a broker's license before making an investment decision. Due to its unlicensed status, ELITECRYPTOTRADE24 is not a safe choice. Once your money and personal information are held by this platform, there are no rules in place to safeguard them. View Source