EliteAssetEquity is a Contract for Differences (CFD) broker with a registered domain as of July 1, 2024. This broker primarily provides investment services in various markets including forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the official website of EliteAssetEquity (www.eliteassetequity.com), the broker was established in 2016. It is registered in the UK as ELITE ASSET EQUITY, with a company registration number of BO334326, and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not revealed detailed regulatory license information.
Upon investigation, Companies House in the UK did not find any business entity named ELITE ASSET EQUITY with the registration number BO334326. Similarly, the Australian Securities and Investments Commission (ASIC) did not find any regulated company named "ELITE ASSET EQUITY".
Therefore, EliteAssetEquity (www.eliteassetequity.com) is essentially a fraudulent broker website with neither a corporate entity nor regulatory oversight.
Account Opening Process
The account opening process for EliteAssetEquity involves visiting the broker's official website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to access the registration form, filling in personal details such as name and email, setting a password, and then submitting the form. Once verified, the account is successfully registered.
Trading Products
EliteAssetEquity offers a variety of trading products to its clients, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, enabling traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the overall performance of the market or a specific sector, providing diverse trading opportunities and leveraging potential gains without trading individual stocks.
- Commodities: Commodity trading covers essential global resources, allowing traders to buy and sell various raw materials such as metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to take part in the price movements of publicly listed companies, earning profits based on company performance and dividends without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
EliteAssetEquity offers five different types of investment plans: Beginner's plan, Silver plan, Gold plan, Diamond plan, and VIP plan.
Beginner's plan:
- Minimum Deposit: $500
- Minimum Expected Profit: $50,500
- Maximum Expected Profit: $50,500
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
Silver plan:
- Minimum Deposit: $2,000
- Minimum Expected Profit: $5,500
- Maximum Expected Profit: $17,625
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
Gold plan:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $400
- Maximum Expected Profit: $450
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
Diamond plan:
- Minimum Deposit: $15,000
- Minimum Expected Profit: $400
- Maximum Expected Profit: $450
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
VIP plan:
- Minimum Deposit: $55,000
- Minimum Expected Profit: $500
- Maximum Expected Profit: $800
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
Trading Platform
EliteAssetEquity offers a self-developed trading platform, claiming that the average order execution speed is less than 7.12 milliseconds and that the platform benefits from extensive liquidity providers, executing over 12,000 orders per second.
Deposits and Withdrawals
EliteAssetEquity only supports deposits and withdrawals through cryptocurrencies.
Summary:
Traderknows reminds investors that EliteAssetEquity is a scam broker that lures investors with promises of high returns. This site has neither a company entity nor any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
