Verified: Crypto Elite Markets operates through the website https://cryptoelitemarkets.com/.
Reviewed Crypto Elite Markets is an unregulated broker
CryptoElite Markets claims to be accredited by the British Virgin Islands Financial Services Commission (BVIFSC) and is a broker based in the United States.
It offers a range of investment products for both retail and institutional investors, including forex, stocks, indices, metals, cryptocurrencies, energies, and more instruments for trading in global markets.
Upon investigation, we found that CryptoEliteMarkets is not authorized and regulated by the BVIFSC and the National Futures Association (NFA).
The truth is, Crypto Elite Markets is not regulated by any regulators. It is not safe to hold or control investors' funds, and they cannot be protected by any law.
Crypto Elite Markets is a scam.
And most non-compliant brokers do not disclose providing their direct and authentic contact information, such as phone numbers or company addresses.
Note: Crypto Elite Markets operates as an unregulated broker, which means that clients' investments may not be adequately protected. The absence of regulatory authority to hold companies accountable increases the risk of potential financial losses.
If you invest with an unregulated broker, there's a good chance they'll run away with your hard-earned money without any recourse. Therefore, investors must be extremely cautious and remind everyone to stay away from these unregulated as much as possible when choosing a broker.
