BrokersView has found that Elyon Markets appears to be a scam Elyon Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Elyon Markets appears to be a scam.

How's Elyon Markets? Dear Investor, Elyon Markets is highly suspected of being a fraudulent trading platform. Elyon Markets does not claim to be regulated by any recognized financial authority, nor does it disclose any valid licensing information. It merely asserts that it is a company registered in Saint Lucia. While we can confirm that a company named Elyon Markets Inc. appears in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to understand the limitations of this registration. This listing only grants the entity International Business Company (IBC) status and does not constitute a valid financial license. The IFC neither regulates nor issues licenses for forex trading activities, meaning the platform operates without official oversight. Given the high risks associated with unregulated entities, we strongly advise avoiding any transactions with this broker to prevent potential financial loss. View Source