About Elite Financial Services
Overview
Elite Financial Services is a Jordanian company based in Amman, operating from the address P.O. Box 942276, Um Uthainah, Shat Al Arab St., Nayef Saad Aldeen Complex, Building No.2, 2nd Floor, Suite 202. Our records indicate the company was founded on 29 September 2019, though the broker’s own website claims it has been active since 2006. This discrepancy is notable and may reflect a rebranding or earlier predecessor entity.
Regulatory Status
According to our independent records, Elite Financial Services is not listed as a regulated entity by any financial authority. However, the broker’s website explicitly states it is regulated by the Jordan Securities Commission. Traders should treat this claim with caution, as we have not been able to verify it through official registries. The absence of a verifiable licence in our database adds a layer of risk for potential clients.
Services Offered
Elite Financial Services primarily focuses on stock exchange trading, offering both spot cash accounts and margin trading accounts. The spot account allows trading only with available funds, while the margin account provides leveraged exposure to equities, with the broker warning it carries high risk. Additionally, the broker provides an electronic trading service (E-Trade) via a mobile app for direct market access on the Amman Stock Exchange.
Target Clientele
The broker appears to target individual and corporate investors within Jordan who wish to trade local equities. Its services are tailored to the local market, with Arabic and English content on the website. There is no indication that Elite Financial Services offers forex, CFDs, or international trading instruments, distinguishing it from typical retail forex brokers.
Account Opening and Support
Potential clients can open an account by filling out an online form on the broker’s website, after which the company promises to contact them. The website also highlights a Customer Care Center and dedicated relationship managers to assist clients. The contact details include a telephone number and email, though the fax line is incomplete.
Website and Branding
The broker’s website uses a clean design with sections for About, Services, Contact, and Account Opening. It displays logos and imagery consistent with a financial firm. Social media presence includes Facebook, as noted in our records, though the website also features links to AncoraThemes social accounts, which may indicate template use rather than active company profiles.
History and Background
Our known facts list the founding date as September 2019, while the broker’s own marketing materials claim a history dating back to 2006. This inconsistency could stem from a change in ownership, company name, or registration status. Without independent verification, traders should approach the broker’s narrative with caution. The physical address and contact information remain consistent across both sources.
Overview compiled by FXCanary from regulatory records and public data. full Elite Financial Services review