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Elite FX Signals (Elitefxsignals.nl) is another false trading robot that claims to change lives. EliteFX Signals is already causing havoc in the industry as it keeps on changing domain addresses. EliteFXSignals is synonymous with online scam platforms that change domain names over time. With the main reason being fear from authorities, members don’t get the chance to withdraw funds. And this is why we must expose this rotten signal provider. Read this entire ELITE FX SIGNALS Review for more information.
The platform is selling itself with the idea that it is ‘providing personalized solutions’ to investors. According to their about us page, the platform is a brainchild of Ricky. What we notice is that the founder only gives one name which is cause for concern. The website is enticing and can be easily fooling even the most trained eye. It would seem that the people behind this platform wanted to get a huge chunk of online investors. And this is where we draw the line with the platform as it is stealing from innocent online investors.
Elite FX Signals is also selling itself as a robot that is a choice of industry professionals. The problem with this statement is that no professional has backed this claim. A scam artist will do or say anything to try and make investors sign up. They even use celebrity names to make it look like they endorse the product or service. Caution should be thrown to the wind when it comes to online trading. The only safe way to trade is by using industry-backed products with a solid online reputation.
The platform or signal claims to specialize in EURUSD currency pairs. Other features available on the platform include having a demo account and MT4 indicators. Users get the promise of receiving accurate signals every day. To help newbies, the indicator is guaranteeing daily educational videos. These are sales tactics that get deployed to entice newbie investors and traders. The victims who contacted our help desk claim the tutorial videos were not available.
Rick is the so-called founder of Elite FX Signals. There is no second name of Rick which leaves us guessing. The platform gives a lengthy history of Rick and how he managed to create the platform. Another person who is named on the website is Yannis Sfairopoulos who claims to be the software engineer. The engineer claims to have experience from a Greece IT company which is not mentioned. These scam artists are toying with investors by trying to sell the creator’s credibility.
These scam artists will do or say anything to entice more sign-ups. One of the options they take is to offer client testimony. What they do is post images of people they claim to be clients of the platform. They go ahead and post enticing stories of how the robot has enabled them to make money. With everyone looking for ways to make extra income, they entice investors into signing up. In reality, these are images that scam artists download from the web. The testimonial is false just like the paid positive reviews posted by freelancers.
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Another sales pitch on the website to watch out for is copy trading services. The platform claims to be fully functional and offers 28 currency pairs. What they fail to mention is how the copy trading takes place and who the experts behind it are. The only information that members get is how to purchase the package. What remains to be proven is the fact that the copied trader guarantees a daily ROI of 86 percent. The truth is that the ROI is achievable but not on a daily basis. And this is why we strongly believe EliteFXSignals is another online trading scam.
There have been six changes in five unique names over the last three years. It means the original website went live in 2017 and the names have changed with time. Online scam products tend to change names but not the services offered. And we believe Elite FX Signals is another online trading scam with ill-intent. These websites with name changes have scammed hundreds of investors. They pop up with different names but have the same web design. Ensure you confirm whether a product is a clone of a previous confirmed online scam.
Elite FX Signals is not LICENSED OR REGISTERED to offer their services anywhere. To confirm this, we reached out to all regulators in Europe where the platform offers its services. The regulators were shocked to learn that such a website is operating without a valid license. And the results prove EliteFX Signals is another unregulated platform that is destroying lives. Investors who have deposited funds know all too well that there is no trading happening. It is all a roost to entice investors.
The platform has no evidence to support the claim they are licensed. A genuine platform will post copies of their license documents to see. The details will match those on a regulator’s search engine regarding the platform. Without the license details, deposits made to the platform have no insurance cover. Members will have to look for other ways to recover their funds once the platform goes under. And this happens quite a lot as the platform is changing address twice a year.
Elite FX Signals is offering a VIP account package that goes for $199. The package comes with Metatrader 4 indicators and a year’s access to the platform’s channel. After looking at the features of the package, there is no distinct advantage. What the package lacks is clear ways of helping members make money. The package is another well-set trap for investors to buy a non-existent service. Even the demo account does not offer full details on how the platform places trades.
What the platform has done is ensure there is minimal contact with members. Disclaimer at the footer of the homepage shows a contact address. The platform offers an email address and a physical address. None of the emails we sent during our investigation got any response. The physical address on the platform is not clear. If the broker has an address in Belgium, why is their domain address linked in Netherlands? It is another cause for concern for anyone signing up. Users are also given a Telegram link to the platform which is a bit limiting to some investors.
The platform is also claiming to be in partnership with BDSwiss. These are false partner claims which the platform wants to use. They choose a partner who is recognized in the trading community. What these scam artists are after is having investors think that BDSwiss has endorsed the robot. And this is a well-planned action that none of the members think to follow up. Ensure you know who exactly you are depositing funds with before signing up.
When it comes to the security of funds, it is clear Elite FX Signals is not able to provide ample security. Investors and members have not been able to withdraw any funds with the platform. There has been a lot of website change which means other victims don’t know about this platform. No security software is in place to protect members while visiting the website. Lack of DDoS protection and SSL encryption is enough to stay away from the platform.
After checking all the facts, we can conclude ELITE FX SIGNALS is a Scam. Stay away from any of their affiliate programs. Warn your loved ones on the dangers of having a robot with no clear history.
We have to add this platform to our scam blacklist and protect our esteemed readers. Stay safe and use bots with a reliable background in trading.
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How much do I have to pay in dollars for the signal per month? How do I make payment to what account?
The writer of this has clearly not taken enough time over this review and has therefore concluded a verdict which I couldn’t disagree more with. I truly believe that EFX is one of the most genuine forex service provider who actually care about your success and are transparent in harder times.
Thank you EFX !!
Now, tell me you are enjoying Elite FX scam or not..because they stopped withdrawal…mine 2200 Dollers loss.. plz no body invest elite fx is a scam …whatsapp me for details +923077456044
Their robot is not making money at all, only losses. Their signals are s**t too do not sign up with them
Elite FX robot is profitable. I’ve earned 18% of my capital in 2 weeks. I’m quite satisfied with their service as well.
2 weeks? Did you close the trade manually? His robot is just c**p. You would agree with me if you just let the robot run and not touch the robot
I have received awesome service from Elite FX Signals, they are 100% legit.
This is not true..I have been using the services provided by elitefx and I can safely say that these products do work. Ricky Bijland and Elitefx is NOT a scam
Hi do you know how to withdraw money in here?
I have received awesome service from Elite FX Signals. Their variety of services Really gives value to the client.
EliteFx is not a scam. I am a subscriber and a paid client since January, 2020.
They keep on updating their EA from time to time for the better. Also, in every signals given there might be loses and profits. Educational programs are great with Q&A
I recommend EliteFx.
But their EA is still sh!t, he ask everyone not to close manually. Robot if not making any growth, in fact it’s been losing money day by day
Do U have micro or standard account and Do you trade in high or low lot?
In as much as i am an Elite member who is benefiting both from their EA tool and signals, I deniel any allegations leveled against the Elite, they’re very kind to cooperate with in every aspect of trading and webinars and their Robot always put smiles on my face. I support elite 100% legit.
[]Elite FX Signals are amazing, every time I have a problem or a question they are more than willing to help me. Their robot works really well, I’m user of their robot and it’s grown my account 128% from February.
Elite FX Signals is not a scam, their signals are good, their customer service is good, their robot is good.
Robot is good? Ask him to open an investor account. S**t robot not making any profits for months now
Be careful, they are scammers! Robot is not so good and after you pay for copy trade program, they stop communicatiom with you. Now im in contact with bank and VISA and they are investigating this situation
One day after, i told with Ricky..totaly not scammers, just need to improve first communication with client because it is not so clearly for first time..but when you talk to right person, they are helpfull and refunding, etc.. is not any problem at all! dont take my first review serious
I subscripted this robot since Nov 19 and the result are ok and the services are excellent ..helping me to install on the cloud and non cloud platform… I recommend it to use this robot.
Not scammers at all, first review was in anger. They are just people and cant answer all 24/7, but Ricky(owner) is a nice and good man, he will help you with everything
I am using eliteforex more than 4 Month the leofit is oka.I hope that they will update theie website and details that everyone clearly know how to they make money.Those who dont use yet their service they will make this fake report i hope so.They are the best for ea robot and make profit.
EliteFxSignals and Ricky are not scam. I am user of this platform since 2 years, and I always get support from them. If you think that the robot is scam, I dare you, do a backtest and see the excellent results by yourself. Now, He updated the robot to V 1.5, he is improving their services everyday
Brother can get u contact me exactly I am willing to subscribe this service but have some doubt so can you help me
New tooo pls show us some results and contact number too
Their robot worth nothing, I bought it, and only lost money. Signals are sometimes good, but when they are not, you lose much more money than you won before! I really do NOT recommend them
How often is the success rate accuracy of deals?