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ELLIPSYS

Moderate riskForex / CFD broker
🇲🇺 Mauritius · 5-10 years · since 2019-06-17 · Ellipsys Financial Markets
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
46/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX2.3/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that ELLIPSYS actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
46
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Mauritius (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameEllipsys Financial Markets
Headquarters🇲🇺 Mauritius
Founded2019-06-17
Years operating5-10 years
Employees0
Official websiteelpmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
CentrePoint, Lot 02, Floor 1, Trianon, Mauritius - 11324

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Ellipsys Capital Corp presents a high-risk profile due to its lack of regulatory oversight and discrepancy in its registered addresses. Traders should exercise extreme caution, as there is no assurance of fund security or recourse in case of disputes. The absence of clear account terms and regulatory safeguards makes it unsuitable for most retail investors.

Best for
  • Traders seeking unregulated forex/CFD brokers
  • Users wanting MetaTrader 4 platform
  • Traders comfortable with higher risk
Not for
  • Traders requiring regulated broker with investor protection
  • Clients in jurisdictions that restrict unregulated brokers
  • Traders needing transparent account terms and minimum deposits
Period:
What users praise
Where reviewers are from
Peru1

Real user reviews

Where ELLIPSYS operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇦🇪 United Arab Emirates

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What ELLIPSYS says about itself as stated by the broker · not independently verified by FXCanary

About Us

Ellipsys Capital Corp states that it is run by a team of industry professionals who have developed client-oriented services. The company emphasizes technology coupled with customized client service, and claims to follow a strict code of ethics and industry standard practices. It offers direct electronic access to world markets, allowing clients to trade from anywhere at any time.

Trading Platforms

According to its website, Ellipsys provides two main platforms: Zen Trader (which is MetaTrader 4) and ZenPro. Zen Trader (MT4) is available for Windows PC, Mac, iPhone/iPad, and Android. The broker also mentions VertexFX 11 as another platform option. Clients can download the platforms for free from the website.

Trading Instruments

The broker claims to offer multiple asset classes including currencies, CFDs, indices, and commodities. It lists forex spreads and margin requirements for various instruments. The product guide mentions both exchange-traded and off-exchange contracts, suggesting a range of trading products.

Account and Funding

Ellipsys Capital Corp offers live and demo accounts. Funding can be done via bank wire transfer, with instructions provided on the website. The broker also mentions a local deposit/withdrawal option through representatives in the client's region, enabling currency flexibility. No specific minimum deposit amounts are stated.

Risk Disclosure

The broker warns that trading forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. It states that leverage can work against the trader, and that clients could lose some or all of their initial investment. The company advises seeking independent financial advice if needed.

About ELLIPSYS

Company Overview

Ellipsys Capital Corp, trading as ELLIPSYS, is a financial services provider based in Mauritius, founded on 17 June 2019. The company operates the website elpforex.com and offers retail forex and CFD trading services. Despite its Mauritius registration, the corporate address listed on its contact page is in Panama City, Panama, creating a discrepancy that traders should note. As of our review, the broker does not hold any known regulatory licences from any financial authority, which places it in the unregulated category.

Products and Platforms

Ellipsys markets itself as a multi-asset broker, offering trading in currencies, CFDs, indices, futures, and commodities. Clients can access these instruments through two main platforms: Zen Trader (which is MetaTrader 4) and ZenPro. The broker also mentions compatibility with VertexFX 11, another common trading platform. MetaTrader 4 is available across desktop (Windows and Mac) and mobile devices (iOS and Android). The broker provides demo accounts for practice and live accounts for real trading.

Account Types and Funding

Detailed account tiers are not explicitly published on the website, but the broker offers both demo and live accounts. Funding methods include bank wire transfer, with instructions provided after submitting an online form. The broker also mentions a local deposit/withdrawal option through regional representatives, which may facilitate currency conversion. No minimum deposit amounts are specified, and spreads and margin requirements are listed separately on the website.

Regulatory Status

Ellipsys Capital Corp is not regulated by any major financial regulator. The broker's registration in Mauritius does not equate to financial services regulation; it is merely a corporate registration. The absence of regulatory oversight means that clients do not have access to investor protection schemes, such as compensation funds or dispute resolution services. This is a significant factor for traders to consider when assessing the safety of their funds.

Corporate Information

The company's registered address in Mauritius is CentrePoint, Lot 02, Floor 1, Trianon, Mauritius - 11324. However, the contact page on its website lists a different address: Advanced Tower Building, First Floor, Ricardo Arias Street, Panama City, Republic of Panama. The broker provides a UK telephone number (+44 20 3287 4433) and email support@elpforex.com. Social media presence includes Facebook, Instagram, and LinkedIn.

Target Audience

The broker appears to target retail traders globally, emphasizing accessibility and ease of use. The website is in English and promotes 'modern investment advice' and 'specialized service with trading and 24/5 support.' Given the unregulated status, it may appeal to traders who are comfortable with higher risk or who seek brokers that accept clients from jurisdictions with limited local brokerage options.

Overview compiled by FXCanary from regulatory records and public data. full ELLIPSYS review