elonxchange.live is a CFD broker website with a domain registered on January 7, 2024. This broker primarily offers investment services in markets like forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on elonxchange.live, the broker was established in 2016 and claims its legal entity is VLS, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed detailed company registration information or comprehensive regulatory details.
Upon verification, ASIC does not have any regulated company named "VLS" registered.
Therefore, Envoy Fin (envoysfin.live) is actually a fraudulent broker website with no legal entity or regulatory oversight.
Account Opening Process
To open a trading account at elonxchange.live: Visit the broker's website, click on "Open Account" on the homepage or "SIGN UP" at the top right corner, fill in personal details such as name and email, set a login password, submit, and verify your account to complete the registration.
Trading Instruments
elonxchange.live offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Involves exchanging different currencies, known for high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Allows speculation on the performance of entire markets or sectors without trading individual stocks, offering diverse trading opportunities with high leverage.
- Commodities: Covers essential global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Enables investors to capitalize on public companies' stock price movements, earning from price changes and dividends without actual ownership of the stocks.
- Cryptocurrencies: Offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Options
elonxchange.live offers four different types of investment options: TESLA INVESTMENT, SPACE-X INVESTMENT, STARLINK NETWORK INVESTMENT, and AI INVESTMENT.
TESLA INVESTMENT:
- Basic plan: $500 - $5,000
- Standard plan: $5,000 - $20,000
- Platinum plan: $20,000 - $50,000
- Trader education*
- Risk management
- Tax-free spread trading profits
- Tesla boss plan: $50,000 - $1,000,000
SPACE-X INVESTMENT:
- Basic plan: $500 - $5,000
- Standard plan: $5,000 - $20,000
- Platinum plan: $20,000 - $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
- Spacex boss plan: $50,000 - $1,000,000
STARLINK NETWORK INVESTMENT:
- Basic plan: $500 - $5,000
- Standard plan: $5,000 - $20,000
- Platinum plan: $20,000 - $50,000
- Trader education*
- Risk management
- Tax-free spread trading profits
- Starlink boss plan: $50,000 - $1,000,000
AI INVESTMENT:
- Standard plan: $5,000 - $20,000
- Platinum plan: $20,000 - $50,000
- AI boss plan: $50,000 - $1,000,000
- Up to 10 signals per day
- 98% success rate
- 24/7 support
- Advanced trading tools
- Use any broker
Trading Platform
elonxchange.live offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second by comprehensive liquidity providers.
Deposits and Withdrawals
elonxchange.live only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that elonxchange.live 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.
