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The WikiFX Score of this broker is reduced because of too many complaints!

Elio International

Hong Kong|2-5 years|
Suspicious Scope of Business|High potential risk|

https://aeleo.com/

Website

Rating Index

Contact

+852 64390302
support@aeleo.com
https://aeleo.com/
FLAT/RM B5/F GAYLORD COMMERCIAL BUILDING114-118 LOCKHART ROAD HK HONG KONG
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+852 64390302

Broker Information

More

Company Name

Elio International

Company Abbreviation

Elio International

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 21 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Pyramid scheme complaint
Expose
Unable to Withdraw

they want something more every time

They initially ask for a standard deposit, then straight away ask for you to be placed on an account with a strange leverage. Obviously, they ask that you deposit more money in order to trade or it will be impossible to grow your portfolio. What a joke, we just got burnt and so will you if you choose to invest with Elio International in which case fintrack /org only made a retrieval of 70% of our funds My big tip, learn how to trade yourself, and do so on a regulated platform.

2022-04-23 16:11
Unable to Withdraw

withdrawal restriction

I have invested in Elio International since October without a problem. I now needed to withdraw the return on my investment and have discovered what everyone else knows; that Elio International is a fraudulent broker. It took over 3 weeks to get the external account validated, then I asked for some of the funds to be transferred to me, shockingly I received an email notifying me that my request for withdrawal has been approved but no transfer took place. I immediately submitted a complaint to fintrack /org and made a phone call to Elio International a few minutes later where they confirmed my request was received and would be processed in one to two days. The request would still have been pending till now, but the complaint I submitted got me a refund. I kept thinking to myself Why does a request for withdrawal need to be processed for so long? It should be almost automatic and should be in the external bank account or wallet the same day or at most the next day. How can a firm justify such outdated practices?

2022-04-25 14:59
Resolved

Withdraw is impossible with this company.

For the love of your mental health, kindly stay away from this company. You make deposits but withdrawal is impossible. Elio international persists with you daily to open an account and deposit funds. When the account shows a profit and you want to withdraw funds nobody in the company answers your calls or reply to your emails and messages. I am following up for days now with no response. How are they allowed to trade if they are cheats it baffles me all the time someone needs to put a stop to their scam activities.

2022-04-20 19:14
Unable to Withdraw

Beware of this scammers

My account manager from the day I joined she wanted to make me a millionare. She was trying to get a loan to my name (loans we tried range from 10k aud to 25K aud . But for my luck none of the loans worked out (loans we tried are from local banks). She wants to look in to my bank balances which I did not let. She was always telling me you can double your money within few hours so dont worry about getting a loan. I fed up with them and ask to withdraw my money. Then they say I should pay 26% tax and commision from my end to withdrew money. They say they can't reduce it from the profits. So its more than enough to rate them as scammers. When I say ok I'm ready I have 26% to pay, my initial invertment of $10300 have risen to $50,000 (profits). I was shocked. And in the next few days it was $90000. Now to get out that money I have to pay around $25000 which is ridiculous. When I searched trading history, there was no record of how my funds rose $90000. Then I said ok I'll withdraw they were nowhere to be found. No replies to any email.Later I try to do trading in their platform, believe me you will never make loss whatever the market condition is. Which means their platform is manipulated. Don't fall for their trap they are smart manipulative scammers

2022-04-20 19:37
Unable to Withdraw

Beware of this fake app platform

My friend got scammed for 5000$ and is still waiting for his funds to get returned by his credit card company... They use different websites and aliases (such as xchangebit, veritex, coindaq, etc) in order to say they are not responsible and that you transfered the money else where. It took a lawsuit originating from the legal department of assetsclaimback/co m to recover the already lost funds they are the same people leading this whole scheme of scam your frequent calls are disgusting and you should respect the decisions on those who dont need your calls

2022-04-20 21:02
Unable to Withdraw

Request to refund

At first, I knew a lady who told me how much money I made in this Elio International Limited, and asked me to deposit and operate with him. He gave me the website customer service, https://crm.aeleo.com/#/login This website is customer service The platform, the first time I deposited 20,000 euros in cash, the customer service made an appointment with the driver to come and get the money, the second time was China Alipay transfer, one was 60,000 yuan and the other 30,000 yuan, and the third time was 20,000 euros in cash. It is also the customer service who made an appointment with the driver to come and get the money, and then deposited 20,000 euros, and then deposited it into mt5. The original deposit totaled 143,767 US dollars, and the profit in mt5 was 692,726 US dollars. A total of 800,000 US dollars in the account, trying to apply for withdrawal points 4 The total amount of the second withdrawal is 301,000 US dollars, and the withdrawal has been refused. I asked the customer service why the withdrawal was refused. The platform customer service said that I have not paid the tax, and I have to pay 10% of the tax before I can withdraw. Then I realized that I encountered a scam I was deceived, now the account is blocked, the mt5 account is also blocked, and fintrck is also a liar to recover the funds, don't believe it, what I said is true, if it is not true, I am willing to bear the consequences. I have more photo evidence

2022-08-21 05:10

    Elio International · Company Summary

    General Information & Regulation

    Elio International is allegedly a suspicious regulated forex and CFD broker headquartered in Hong Kong and established in 2003 that claims to provide its clients with various trading financial instruments with flexible leverage up to 1:500 and floating spreads from 1 point on the worlds most trusted and popular MetaTrader5 trading platform.

    Market Instruments

    Elio International advertises that it offers a wide variety of global trading assets in financial markets, including forex, stocks, CFDs, crude oil, precious metals and Bitcoin. More specific details can be found in the below screenshot.

    Market

    Account Types

    Elio International provides its clients with a demo account with a virtual capital of $100,000, as well as real accounts, yet no information about the minimum initial deposit requirement is involved directly.

    Account

    Leverage

    Elio International offers flexible leverage ranging from 1:100 to 1:500. Bear in mind that inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

    Spreads

    Elio International says to give traders the floating spreads as low as 1 point.

    Trading Platform Available

    The platform available for trading at Elio International is the industry-standard MetaTrader5, available on PC and mobile devices including iPhone and Android. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

    Trading

    Deposit & Withdrawal

    Elio International advertises to work with multiple deposit and withdrawal methods on its home page, yet we didnt find any information about the specific methods on its site without a login.

    Customer Support

    Elio Internationals customer support can be reached by telephone: +85264390302, email: support@aeleo.com or live chat or send messages online to get in touch. Company address: FLAT/RM B5/F GAYLORD COMMERCIAL BUILDING114-118 LOCKHART ROAD HK HONG KONG.

    User Reviews

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    3

    Comments

    Write a review

    Fiyazi
    more than one year
    Elio International is fantastic for newbies like me! As a student looking to learn trading, it's the perfect platform even for beginners. Highly recommend!
    2024-02-07 16:15
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    燕965
    more than one year
    Can't get my money. What a total shambles of a company. I'm having the same issues as the other review and we are probably not alone. They must be punished!!!
    2023-02-27 18:20
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    0
    0
    Tran Hoang Dung
    more than one year
    BE alert!!! If you make a good profit, they will never give your money back. They are preying on elderly people. Delete their numbers, delete their apps, and stay away from these thieves.
    2022-12-19 15:43
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