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elitetradeltd

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Does Elitetradeltd have islamic account?
Williams Kong
Palau
2023-11-28
ANSWER Elitetradeltd is an unregulated forex broker. We strongly suggest you avoid engaging with it.Elitetradeltd purports to be regulated by the Financial Conduct Authority (FCA) under Reg number 12890756, but this number is not found in the FCA registry. Its "Certificate of Incorporation" link oddly leads to a CH license for Bitstocks Ltd, seemingly unrelated to Elitetradeltd. Even if the CH certificate were valid and the companies linked, Elitetradeltd would still be unlicensed, as CH registration doesn't authorize UK financial services. Thus, Elitetradeltd lacks regulation, making investment risky due to lack of legal protections.To avoid falling victim to fraud and identity theft, it is advisable to steer clear of unlicensed brokers like Elitetradeltd and instead choose fully regulated ones.
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