Review summary
Elite Progress Limited is a financial entity that has been operational for 2-5 years and is registered in New Zealand. According to WikiFX data, the broker holds no valid forex trading licenses from authoritative financial regulators, indicating a complete lack of formal regulatory oversight. Its business scope has been flagged for review, which, combined with the absence of licensing, places it outside established financial protection frameworks. The WikiFX SkyEye score of 1.36 reflects this high-risk profile. Key operational details such as minimum deposit requirements, leverage offerings, and supported trading platforms (like MT4/MT5) are not publicly disclosed, further complicating a transparent assessment. Public exposure reports highlight issues concerning withdrawal processes and service reliability. Consequently, Elite Progress Limited operates as an unregulated offshore entity, presenting significant risks due to the absence of investor protection mechanisms typically afforded by licensed brokers. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-12)
