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Elite Share Broker

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Operating status: SCAM

Website: https://elitesharebroker.com/

Broker violations and abnormal records
  • 2023-06-05 The UK FCA issued a warning against Elite Share Broker

    On June 6, 2023, the Financial Conduct Authority (FCA) issued a warning against Elite Share Broker, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/elite-share-broker

    On June 6, 2023, the Financial Conduct Authority (FCA) issued a warning against Elite Share Broker, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/elite-share-broker
  • 2023-06-08 BrokersView has reviewed that Elite Share Broker is an unregulated broker

    Elite Share Broker claims to be authorized and regulated by the Financial Conduct Authority (FCA), which is denied by the FCA in a warning against Elite Share Broker. This means that Elite Share Broker is operating outside the regulatory framework.

    In essence, Elite Share Broker 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.

    Elite Share Broker claims to be authorized and regulated by the Financial Conduct Authority (FCA), which is denied by the FCA in a warning against Elite Share Broker. This means that Elite Share Broker is operating outside the regulatory framework.In essence, Elite Share Broker 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.

Related Complaints

Q&A

Can you check if Elite Share Broker is legitimate?

Adalbert
Myanmar
2023-08-09
ANSWER Elite Share Broker is not legitimate because it is not licensed.Elite Share Broker claims to be authorized and regulated by the Financial Conduct Authority (FCA), which is denied by the FCA in a warning against Elite Share Broker. This means that Elite Share Broker is operating outside the regulatory framework.In conclusion, we strongly suggest investors stay away from unlicensed brokers like Elite Share Broker. If dealing with such fraudulent platforms, investors are exposed to significant risks, such as fraud and identity theft, which could be financially and personally devastating. To mitigate such risks, a fully regulated broker can be a good alternative.
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