EliteVision Review and Website Analysis

The subject of our EliteVision review is yet another new Forex/CFD scam broker. They attempt to lure traders in with ultra-tight spreads, lightning-fast transactions, and professional support for every level — from beginner to pro. However, we found ample evidence suggesting the site was created by fraudsters. If you want to avoid joining the ranks of those who have lost everything here, keep reading below.

Brief Overview

• 🖥Official Website: https://elitvision.eu/
• ✈️Contact Address: 45 Pall Mall 3rd floor, London, UK SWIY 5JG; Sturegatan 24, Stockholm 114 36, SWE
• 📞Customer Support: [email protected]
• 🔐Licensing and Accreditation: no
• ⏳Track Record: since 2024
• 🧰Specialization: Forex & CFD broker
• 🤝Terms of Cooperation: min deposit €5,000, max leverage up to 1:400
• 💰Additional Services: no

Elitvision.eu Examination

The first impression of EliteVision’s homepage is surprisingly pleasant. Everything seems appropriate — an animated main banner, concise text blocks with well-selected images, and a pleasing color scheme. But on closer inspection of the other pages, it becomes clear that we’re dealing with the same tired template used by every third, if not every second, scam broker. Although the web designers deserve some credit for adding a few cosmetic changes, they couldn’t make up for the lack of content expertise at the company. Here are a few issues that remain:

• On the “Funding Your Account” page, there’s no mention of account funding itself. Payment methods, fund transfer times, broker and system fees are absent. Instead, there’s a generic, four-step trading startup guide that isn’t particularly useful to any user.
• The “Trade the Markets” page lists all markets available to broker clients, but the company does little to elaborate, dedicating only one or two sentences to each. A trader who reads this brief content won’t go from novice to expert anytime soon.
• The “About Us” section contains just a single paragraph. Visitors are informed that the firm is a leading provider of financial services for perfect trading. Of course, no reports or statistics validating this claim are published on the site.

Smaller discrepancies are present, like differing maximum leverage values on the homepage and the “Why Trade with Us” section. Overall, the more one explores elitvision.eu, the fewer doubts remain that this project was created by fraudsters.

Company Contacts

EliteVision didn’t hold back when it came to publishing contact information. The contact page features only:

• A feedback form.
• An email address.

However, the footer lists branches supposedly located in various countries:

• United Kingdom (London).
• Australia (Sydney).
• UAE (Dubai).
• USA (Chicago).
• Italy (Milan).
• Sweden (Stockholm).

Oddly, no phone numbers are provided for any of these offices, giving the impression that these buildings are without phone lines. It’s far more plausible that they’ve rented mailbox addresses, which cost around $100 monthly per location, creating an illusion of presence on almost every continent.

It appears that EliteVision has little interest in resolving traders’ issues promptly. The broker provides no phone numbers, nor does it have a live chat option. Instead, the contact page claims as a “great feature” the ability to receive a response within 60 minutes. For a trader who urgently needs to resolve a terminal issue, this delay could mean losing their entire deposit and even going into debt with the broker.

It’s worth noting that, as is typical for scammers, the firm offers no links to social media accounts. This is not surprising; creating and maintaining active groups and channels requires resources, funds, and dedicated personnel — something scam brokers typically lack. Moreover, they have no real interest in cultivating a broad audience or establishing communication with it.

Key Conditions

EliteVision is reluctant to disclose its trading conditions, and any attempt to present them falls short. For example, the broker tries to inform potential clients about the maximum leverage. The homepage mentions 1:200, while in the advantages section, the leverage miraculously increases to 1:400.

This may be why the firm decided to avoid specific numbers in the account types table, except for minimum deposit amounts. The table features four standard plans and one Pro level:

• Bronze. Minimum deposit of €5,000.
• Silver. Minimum deposit of €20,000.
• Gold. Minimum deposit of €40,000.
• Premium. Minimum deposit of €75,000.
• Platinum. Minimum deposit of €200,000.

This selection of options is unlikely to attract many traders. Primarily, it’s unclear whether the more expensive accounts are worth it. For example, the only difference between the Bronze and Silver accounts is that the latter offers trading alerts, while the former does not. Note, these are alerts, not signals! For instance, the broker might send an alert when the price crosses a predetermined level. Is that worth quadrupling the deposit size?

Overall, EliteVision’s trading conditions are designed by scam broker standards. The account types table is filled with technical jargon that may impress a novice, but it’s doubtful that any of these features will enhance trading success. The company remains silent about the trade characteristics and instruments that truly impact trading success.

Exposing EliteVision

We are ready to present even stronger arguments supporting our view of EliteVision as a scam broker. Finding this evidence wasn’t difficult; all it took was analyzing the official details of the company.

We started with their registration. The firm published several office addresses in various countries and even on different continents. Since the broker highlighted its Swedish address, we began our investigation with the business registry of Sweden.

As it turns out, there is no mention of a company named EliteVision in Sweden’s business databases. We got similar results in the registries of other countries where the broker supposedly has offices.

There was one other lead. The Terms & Conditions state that the document is drafted in accordance with the laws of the Marshall Islands, and any disputes between the company and its clients are resolved in this country’s courts. It would be logical to assume that the company is registered in this jurisdiction. However, this assumption also proved false: EliteVision is not listed on that registry either.

What does this imply? Scammers tried to appear as a reputable company with a broad geographic presence. With novice traders, this trick might work. But users with financial market experience, upon checking registries, will conclude unequivocally that the company has not been registered anywhere. This means that the broker exists only as a website, and all trades on its platform are virtual. Furthermore, the source of the quotes it sends to terminals is unknown, as official data providers from electronic exchanges, like Reuters, do not contract with individuals.

Checking for licenses from financial regulators is pointless. None of these organizations, even offshore, license brokers that are not officially registered. Therefore, providing brokerage services as a virtual company is illegal, especially relevant for clients from the UK and the EU, where servicing clients without local regulatory licenses is prohibited. And yet, this scam broker primarily targets this audience.

One clue is the domain name elitvision.eu. It’s a solid choice, especially considering that data on these domains doesn’t appear in the global Whois database. However, the creators of EliteVision made a miscalculation: finding the European registrar records is relatively easy, and they contain all the necessary information.

As we can see, the domain was registered only in August 2024, which means that by the time our review appeared, the broker had been online for only 2.5 months. Frankly, that’s a minuscule age for a trustworthy, reputable company.

But that’s not the worst of it. We somehow doubt that a “leading provider of financial services,” supposedly operating worldwide, would use an anonymous email account on Proton, registered under a private individual, for its domain registration.

In contrast, scammers, who value their anonymity above all, would undoubtedly take this approach. This is a clear example of the promised “security and transparency” by the project owners.

Speaking of safety, another fact points to the risks of dealing with this fraudulent broker. After registering a new user, it’s impossible to fund the trading account from the client’s dashboard. The list of payment methods is simply hidden. Naturally, support will solve the issue. We can bet that anyone who asks will be instructed to send money to a card or crypto wallet. How “safe and transparent” this is, given that the card is likely registered to a mule, hardly needs further explanation.

What Reviews Do Users Leave?

Although 2.5 months is a short time, quite a few EliteVision reviews have already accumulated online. For example, on Trustpilot alone, there are nearly 60 posts, with an average rating of 4.4 out of 5. The earliest one was posted on September 4, 2024, and they continued to appear with surprising regularity.

It’s hard for us to believe that the company has so many satisfied clients writing positive reviews daily. Especially considering that the authors praise the platform without providing any specifics. This seems more like a well-paid campaign to create a positive online image for the broker. Moreover, no reviews of this broker are found on any other similar sites.

However, there are several publications on trading and investment portals. Experts strongly disagree with the high ratings and provide solid arguments showing that the firm is nothing but a scam. Their points almost entirely align with the ones we present.

Thus, we see another well-known scam tactic. They hire third-party writers to post reviews and pay them well. Novice traders may believe the trading community holds the company in high regard. Experienced brokers, however, can easily spot these fake reviews.

Conclusions

The arguments provided in our EliteVision review should be enough to make it clear that opening and funding accounts with this scam broker is not worth it. It is not registered anywhere, operates without a license, and commissions publications to create a positive image. Additionally, it operates through a website whose content could only be created by fraudsters who don’t care about their visitors’ opinions. We want to warn you that traders with this company are likely to lose money, and we encourage you to consider our insights carefully to avoid joining the ranks of defrauded clients.

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