Az Elso

Az Elso is a financial services entity registered in Seychelles under the name Az Elso, with a registered address at Global Gateway 8 Rue de la Perle Providence Mahe Seychelles. The company reports a founding date of 24 October 2019. Its official website is hosted at pgbullion.com.cn, a domain that suggests a possible focus on precious metals or bullion, though the site itself is not publicly accessible for confirmation.

Our records indicate that Az Elso does not hold any regulatory licences from any known financial authority. This absence of oversight is a significant factor for any trader considering engagement with this firm. Without a regulator to enforce standards, there is no external guarantee of client fund segregation, dispute resolution, or compliance with trading conduct rules.

Az Elso is not regulated by any financial supervisory body. This is based on our cross-reference of the firm’s registration details against official registers of major regulators such as the FCA, CySEC, ASIC, and the Seychelles FSA (which is often a licensing authority for forex brokers). No matching entry was found.

For traders, the lack of regulation means that common protections — such as negative balance protection, compensation schemes, and mandatory fund segregation — are not assured. In the event of a dispute or insolvency, clients would have limited recourse to recover funds.

Az Elso was incorporated in Seychelles in 2019. Seychelles is a jurisdiction known for its relatively light regulatory framework, and many offshore forex and CFD brokers choose to register there. However, being registered in Seychelles does not automatically imply regulation by the Seychelles Financial Services Authority (FSA); it is the licence status that matters.

Our data shows no active licence from the Seychelles FSA or any other regulator. The company’s domain, pgbullion.com.cn, uses a .cn country code for China, which may indicate a target market, but this does not alter its regulatory void.

Due to the inaccessibility of the official website, we cannot independently verify the specific products, account types, trading platforms, or instruments offered by Az Elso. The domain name suggests a potential focus on bullion or precious metals trading, but this remains unconfirmed.

Given the lack of public information, it is impossible to assess the trading conditions, spreads, leverage, or available assets. Traders should be cautious when dealing with any broker whose offerings cannot be transparently reviewed.

FXCanary’s Scam Risk Score for Az Elso is 51 out of 100, which falls into the 'Elevated Risk' category. This score reflects the absence of regulation, the short operating history (since 2019), and the lack of verifiable public information.

High-risk indicators include the offshore registration without known oversight, the non-functional or restricted website, and the complete absence of independent user reviews or credible third-party references. Traders are advised to consider these factors seriously before committing any funds.