Elitepro Trade is a CFD broker with a domain name registered on January 21, 2024. The broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration and Regulation Status
According to the information on the Elitepro Trade (eliteprotrade.live) official website, the broker was established in 2016, claims to have a corporate entity named VLS, and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose corporate registration information or detailed regulatory information.
After verification, the Australian Securities and Investments Commission (ASIC) does not list any regulated company named "VLS".
Therefore, Elitepro Trade (eliteprotrade.live) is essentially a scam broker with no corporate entity or regulation.
Account Registration Process
Elitepro Trade account registration process: Visit the broker's official website, click "Open Account" on the homepage or "SIGN UP" in the top right corner to go to the registration page. Fill in personal information such as name and email, set a login password, and submit. After verification, the account can be successfully registered.
Trading Instruments
Elitepro Trade offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or sector without trading individual stocks. By exploring popular indices, diverse trading opportunities can be found and potential gains enhanced through high leverage.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to take part in the price movements of publicly traded companies, earning from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides enthusiasts with the opportunity to profit from highly volatile digital assets.
Investment Plans
Elitepro Trade offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-free Spread Trading Profits
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin-only Payments
- Use with Any Broker
Trading Platform
Elitepro Trade provides its own proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second and a comprehensive liquidity provider portfolio.
Deposits and Withdrawals
Elitepro Trade does not support deposits and withdrawals via credit card or bank transfer, only through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Elitepro Trade is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
