ANSWER Yes, EliteFx (elitefx.uk) is a scam.While it is true that the allegedly operator of EliteFx (elitefx.uk), Elite Fx Ltd, can be located on the register of the Companies House (CH), shell incorporation is meaningless in any jurisdiction. Besides, there is no solid evidence supports the association between the domain ("elitefx.uk") and the company.More importantly, EliteFx (elitefx.uk) fails to seek authorization from the Financial Conduct Authority (FCA) for offering financial services/products in the UK. According to the warning from the FCA, the platform illegally providing financial services or products in the country without the required authorization.As such, BrokersView strongly suggests investors avoid the unlicensed platform EliteFx (elitefx.uk). Entrusting the platform with funds or personal information is highly risky, as there are no rules in place to prevent fraud or theft. To safeguard investors' interests, it is advisable to steer clear of unlicensed brokers like EliteFx (elitefx.uk) and choose a fully regulated one.
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