Elite Great Signals is a CFD broker with a domain registered on March 14, 2024. This broker primarily provides investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services in countries or regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
Public information on the Elite Great Signals (www.elitegreatsignals.com) website shows that the broker was established in 2016. It claims its company entity is ASN and it is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed detailed company entity registration information or regulatory details.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not list a regulated company named "ASN".
Therefore, Elite Great Signals (www.elitegreatsignals.com) is actually an unregulated fraudulent brokerage website.
Account Opening Process
To open a trading account with Elite Great Signals: visit their website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to enter the account registration page. Fill in personal information such as name and email, set a login password, and submit. After verification, the account will be successfully registered.
Trading Instruments:
Elite Great Signals offers 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, it allows traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, and leveraging can enhance potential returns.
- Commodities: Commodity trading covers essential global market resources, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to engage in the price fluctuations of publicly traded companies, earning from price changes and dividends without holding the actual stock.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Trading Accounts
The Elite Great Signals website does not disclose information on account types, spreads, leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade size, maximum position/order volume, or minimum price precision.
Trading Platform
Elite Great Signals offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers, and handles more than 12,000 executed orders per second.
Deposits and Withdrawals
Elite Great Signals supports deposits and withdrawals through litecoin, Perfect Money, ethereum, TRC-20, DOGECOIN, bitcoin, ERC-20, TRON, among others.
Summary:
Traderknows reminds investors that Elite Great Signals is a scam broker that lures investors with promises of high returns. This site has neither a physical company nor any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
