ELITE MARKET TRADES

Elite Market Trades is a retail forex and CFD broker registered in the United Kingdom, with the official domain elitemarketrades.com. The company was founded on 12 February 2026, making it a relatively new entrant in the brokerage industry. Its registered address is Elm Tree House, Bodmin Street, Holsworthy, England, EX22 6BB.

Despite its UK registration, Elite Market Trades does not appear on any financial regulator's register. FXCanary’s records show no active licences from the FCA or any other regulatory body. This lack of oversight is a significant factor for traders to consider, as it means the broker is not required to adhere to strict client fund protection or reporting standards.

According to official records, Elite Market Trades holds no regulatory licences. The broker’s website, however, claims to be 'globally licensed and regulated' by the FSC of Mauritius and the UK’s FCA. FXCanary could not verify these claims through public registers, and no licence numbers are provided on the site. Traders should treat such unverified regulatory assertions with caution.

Operating without a reputable licence means clients have no access to compensation schemes such as the UK’s Financial Services Compensation Scheme (FSCS) or the Cyprus Investors Compensation Fund. This increases the risk of losing funds in the event of broker insolvency or misconduct.

Elite Market Trades offers a multi-asset trading platform covering forex, indices, commodities, and equities CFDs. The forex section boasts over 80 currency pairs, while commodity CFDs include gold, silver, and oil. Indices and single-stock CFDs on US giants like Apple and Amazon are also available. The broker outlines spreads as low as 0.2 pips on EUR/USD and commissions of $0.02 per share on equities.

The website does not specify the trading platform software (e.g., MetaTrader, cTrader) but describes its platform as powerful and reliable. Social trading is promoted as a key feature, with a claimed community of over 10 million users. However, no independent evidence supports this claim.

The broker’s website does not clearly differentiate account tiers, but it does mention an 'Active Investment Program' with monthly cash rebates up to $9 per million dollars traded. KYC requirements include a valid passport or national ID and a recent proof of address. Account opening is initiated via an 'Open Account' button on the site.

Funding and withdrawal methods are not listed on the visible pages. The contact page provides an email address (info@greenvaluetrades.com) but no phone number or physical office details beyond the registered address. This lack of transparency on deposits and withdrawals is a common red flag among high-risk brokers.

Elite Market Trades appears to target retail traders seeking forex and CFD exposure with low spreads and a wide range of instruments. The platform’s emphasis on social trading and education suggests it aims at both beginners and experienced traders. Its claims of multi-asset access and low commissions may appeal to active traders looking for a one-stop shop.

However, the absence of regulatory oversight makes it unsuitable for traders who prioritize fund security. The broker’s newness (founded in 2026) and lack of independent reviews further add to the uncertainty. Only risk-tolerant traders willing to accept a high likelihood of losing their capital should consider this broker.

FXCanary’s Scam Risk Score of 57/100 (Elevated) reflects the broker’s high-risk profile. The main risks include the complete lack of verifiable regulation, the unconfirmed nature of its licensing claims, and the limited operational history. The website’s generic content and use of third-party phrases (e.g., 'No.1 FX broker in the US') also suggest a template-based setup.

Traders should be aware that dealing with unregulated brokers carries a higher chance of deposit loss, withdrawal difficulties, and lack of recourse in disputes. The broker’s contact details and company registration do not provide financial oversight, and no evidence of client fund segregation was found. Careful due diligence is strongly advised before depositing any funds.