Trustee Elite Limited is a CFD broker whose official website domain was registered on April 6, 2024. This broker primarily offers investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information on its official website (www.apecequity.com), Trustee Elite Limited is registered in New Zealand with the company number 028231438 and claims to be regulated by financial authorities in the United States.
Upon investigation, no registration information for Trustee Elite Limited was found in the databases of the National Futures Association (NFA), the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), or the New Zealand Financial Service Providers Register.
Additionally, clicking the “Legal” link at the bottom of its website redirects to the New Zealand Companies Register, where the registered company displayed is TITAN TRUSTEES LIMITED. However, inquiries with the Financial Markets Authority (FMA) of New Zealand revealed that fraudulent brokers are using TITAN TRUSTEES LIMITED's details fraudulently, and it has been listed on FMA's investor warning list.
Therefore, Trustee Elite Limited is effectively an unregulated, cloned scam website.
Account Opening Process
To open a trading account with Trustee Elite Limited, visit their official website and click on "REGISTER NOW" or "Join Now" at the top right corner to access the account registration page. Fill in your personal information such as name and email, set a login password, and submit. After verification, your account will be successfully registered.
Investment Plans
Trustee Elite Limited offers users four different types of investment plans: Compact Plan, Silver Plan, Diamond Plan, and Ultimate Plan.
Compact Plan:
- Trading Period: 7 days
- Minimum Deposit: $100
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2%
Silver Plan:
- Trading Period: 57 days
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2.5%
Diamond Plan:
- Trading Period: 7 days
- Minimum Deposit: $10,000
- Maximum Deposit: $19,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 3%
Ultimate Plan:
- Trading Period: 7 days
- Minimum Deposit: $20,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 4%
Trading Platform:
Trustee Elite Limited offers users a proprietary trading platform, but it is only available via the web and there are no detailed descriptions provided.
Deposits and Withdrawals:
Trustee Elite Limited supports deposits and withdrawals through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that Trustee Elite Limited is a fraudulent broker that deceives investors under the guise of high returns, as it lacks any regulatory approval. It is advisable for investors to choose brokers with transparency, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as "Scam" on Traderknows.
