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ELV Markets

Severe riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 2-5 years · since 2022-03-10 · ElvMarkets Limited
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
3 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$10
Min. deposit ›
1:200
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: VIP · $10.000RAW SPREAD · $200STANDARD · $10
▲ 67% positive▼ 33% negative
Independent ratingshow third parties score this broker
WikiFX1.48/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from ELV Markets? Our free assistant writes up your case and shows exactly what to do next →
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No sign that ELV Markets 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.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • Withdrawal complaints in ~67% of recent reviews
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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)5010%

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 nameElvMarkets Limited
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2022-03-10
Years operating2-5 years
Employees0
Official websiteelvmarkets.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
Beachmont Business Centre, 202, Beachmont, P.O Box 1510, Kingstown, Saint Vincent and the Grenadines

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP1:200$10.000from 0--✓
RAW SPREAD1:200$200from 0--✓
STANDARD1:200$10from 1.5--✓

Review analysis AI

Across 3 recent Trustpilot reviews, 33% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Mexico1
Australia1
Colombia1

Real user reviews

Where ELV Markets operates

Based on its licenses and complaint records.

🇲🇽 Mexico 1 complaint

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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About ELV Markets

ELV Markets is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2022-03-10. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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