The CySEC issued a Warning against EliteGlobalFx Markets On May 19, 2025, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against EliteGlobalFx Markets, believing this company might be providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=81d7d8d3-5bf4-47c3-9470-37192ce39eb1

BrokersView has reviewed that EliteGlobalFx Markets is an unregulated broker According to its website ,it claims to be regulated by multiple. Upon investigation, no matching information was found in the Italian Companies and Exchange Commission (CONSOB), Financial Conduct Authority (FCA), Swiss Financial Market Supervisory Authority (FINMA), Federal Financial Supervisory Authority (BaFin). In addition, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against EliteGlobalFx Markets, believing this company might be providing financial services or products without authorisation. In essence, EliteGlobalFx Markets 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. EliteGlobalFx Markets appears to be a scam.

EliteGlobalFx Markets scam? Dear Investor, We strongly advise against trading with EliteGlobalFx Markets due to its suspicious nature. EliteGlobalFx Markets claims to be regulated by multiple authorities, yet investigations found no matching records with the Italian Companies and Exchange Commission (CONSOB), Financial Conduct Authority (FCA), Swiss Financial Market Supervisory Authority (FINMA), or the Federal Financial Supervisory Authority (BaFin). Further raising concerns, the Cyprus Securities and Exchange Commission (CySEC) has issued a warning, suspecting that EliteGlobalFx Markets may be offering financial services without proper authorization—a strong indicator of potential fraud. Given these serious red flags, EliteGlobalFx Markets shows strong indications of fraudulent activity, and investors are strongly advised to avoid trading with this platform to protect their assets. View Source