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United States|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


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20 Cooper Square, New York, NY 10003, USA


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

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Warning: Low score, please stay away!
Previous Detection : 2023-09-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Elitefastfxtrade · Company Summary


General Information

Founded in 2010, Elitefastfxtrade presents itself as a Bitcoin-based platform registered in the United States, providing access to diversified range of financial markets, such as cryptocurrencies, forex, indices, stocks, Commodities. Elitefastfxtrade gives flexible investment plans for traders to choose from, and the minimum deposit to trade with this broker is $100. With the Elitefastfxtrade platform, the maximum trading leverage that can be used is up to 1:100.

Elitefastfxtrade does not disclose who runs it, and this forex broker does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Market Instruments

Elitefastfxtrade boasts that it is a Bitcoin-based investment platform, providing Cryptocurrencies, Indices, Commodities, and Forex.


Account Types

Five investment plans are available on the Elitefastfxtrade platform, namely Starter, Platinum, Bronze, Gold, and Diamond. Each plan requires a different amount of initial deposit and provides different amount of profits.

To begin with, the Starter plan requires an initial deposit of $300 to $1,499, and with this plan, Elitefastfxtrade promises that you can get up to 2.55 daily profit.

The Platinum Plan asks for an initial deposit of $1,500 to $4,499, and with this plan, investors are promised to get up to 5% daily profit. The Bronze account requires $4,500 to $9,999, with a promise of getting up to 70% daily profit. Traders who want to try the Gold account need to fund $10,000 to $14,999, and they are promised to get up to 100% daily profit.

The Diamond account is the most expensive one, requiring the minimum deposit starting from $15,000.


How to open an account with Elitefastfxtrade?

Opening an account with Elitefastfxtrade is a simple and free of charge:

1. Click the “Register” link on the homepage of this broker, and fill up some required details on the popping-up page.


2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.


Elitefastfxtrade allows its clients to use leverage of up to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

What Elitefastfxtrade offers is not the industry-leading MT4 or MT5 trading platform. Please be aware of the risk, as these two trading platforms are the most popular ones around the world.

Customer Support

Clients with any inquiries or trading-related problems can only get in touch with this broker through an email it gives: Or you can also choose to use online chat to contact this broker.

Registered Company Address: 20 Cooper Square, New York, NY 10003, US

Alternatively, you can also follow this broker on some social media platforms, such as Twitter, Facebook and Telegram, and more.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Broker Information

Company Name


Company Abbreviation


Regulatory Status

No Regulation

Platform registered country and region

United States

Phone of the company










Company address
  • 20 Cooper Square, New York, NY 10003, USA









Customer Service Email Address


Company Summary

User Reviews

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℡ 2
more than one year
Trading conditions: relatively poor, low leverage, high minimum deposit requirements, and high trading margin requirements. Corresponding speed of customer service: the response speed is slow, the customer service reply is not timely, and the efficiency of dealing with problems is low. Fund security: There is a fund security risk. I have noticed that this dealer has many complaints of customer funds being misappropriated, which requires investors to be cautious.
2023-03-30 11:41
℡ 2
more than one year
Platform stability: Elitefastfxtrade's trading platform has poor stability, with frequent delays and disconnected connections. Supervision: Claimed to be under the supervision of a country's financial regulator, but after investigation, I found that the regulator does not exist. Trading products: relatively simple types, mainly forex and gold trading, lack of diversity. Transaction fees: Relatively high.
2023-03-30 11:40
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