Elita Invest Global ltd Review: EIG Scam Broker! - Topedgefx.com

Elita Invest Global ltd Review: EIG Scam Broker!

EIG aka Elita Invest Global Ltd is claiming to be a professional service provider of Foreign exchange services.

In other words, they are offering brokerages services to clients who want to trade Forex, Metals and CFDs.

Elita Invest Global ltd is the company behind EIG whose website can be accessed through eig-fx168.com.

This domain is very weird and even typing it on the browser is a bit cumbersome.

EIG or Elita Invest Global Ltd registered it on April 2020. So this broker is very new to this marketplace.

Apart from this, the broker is not telling us who they are, where they’re operating from and whether or not they are regulated.

Elita Invest Global ltd eig review

In addition to this, they’ve not provided details of their account types.

It seems EIG broker only has one account standard account type for all clients.

Regardless of the case, we expected the broker to publish their trading conditions and let us know what the minimum deposit for opening an account is.

EIG website has only published general information about their service.

Spreads are fixed for metal assets and floating for Forex pairs.

They claim that a pair like EURUSD attracts a spread of 1.9 pips.

We have found that it is still very expensive to trade Forex with eig-fx168.com since professional broker are charging 1.3 pips and below for a volatile pair like EURUSD.

Is Elita Invest Global Ltd or EIG a legit broker?

The first thing we noticed with this broker’s website is that they are not transparent.

They’ve provided the same contact emails for all their “departments” which does not help with establishing who the owners are.

Furthermore, we have always discouraged traders against opening accounts with unregulated brokers.

Eig-fx168.com does not have a Forex broker’s license, yet they continue to solicit funds from traders from across the globe.

It is dangerous to trade with such brokers because they tend to scam traders or even refuse to process their withdrawal transactions.

Such a broker is not to be trusted no matter how attractive their products and services are.

Elita Invest Global Ltd is therefore a big risk to traders out there.

Conclusion

EIG will most likely run away with your money because the site has a lot of red flags to consider.

You cannot trust them because the website is not safe and neither are they professional.

Also, if you would like to invest in the currency market, we urge you to rely on professional tools and services that have a proven track record.

67 Comments

  1. Daniele August 24, 2020
    • loic August 26, 2020
      • Ayo August 26, 2020
        • Daniele August 28, 2020
      • Daniele August 28, 2020
        • Ioannis Sourtzinos August 31, 2020
          • Koffa February 23, 2021
        • Ioannis Sourtzinos August 31, 2020
      • Osborne November 2, 2020
    • Ricardo August 28, 2020
      • Daniele August 29, 2020
      • Ioannis Sourtzinos August 31, 2020
      • Luis September 1, 2020
    • Ioannis Sourtzinos August 31, 2020
      • Mod August 31, 2020
        • Ioannis Sourtzinos August 31, 2020
      • GneoPompeo August 31, 2020
        • Deren September 16, 2020
      • Loic September 1, 2020
        • Ioannis Sourtzinos September 1, 2020
    • GneoPompeo September 1, 2020
    • GneoPompeo September 1, 2020
  2. Leo August 28, 2020
  3. richard sharp August 30, 2020
    • Daniele August 31, 2020
  4. richard sharp August 31, 2020
    • Daniele August 31, 2020
      • richard sharp August 31, 2020
      • GneoPompeo September 1, 2020
        • Odumu Spencer Emmanuel September 19, 2020
          • osborne November 2, 2020
  5. Loic September 1, 2020
    • richard sharp September 1, 2020
      • loic September 1, 2020
        • richard sharp September 2, 2020
      • Odumu Spencer Emmanuel September 19, 2020
        • Steve September 21, 2020
  6. Jes September 1, 2020
  7. Luis September 1, 2020
  8. Ricardo Martinez September 2, 2020
  9. Luis September 3, 2020
  10. richard sharp September 3, 2020
    • Ioannis Sourtzinos September 4, 2020
      • richard sharp September 5, 2020
      • Gneo Pompeo September 5, 2020
        • richard sharp September 6, 2020
          • Ragazini September 7, 2020
        • Ioannis Sourtzinos September 7, 2020
          • Keep October 17, 2020
  11. john elton September 5, 2020
    • richard sharp September 6, 2020
      • John elton September 9, 2020
        • richard sharp September 12, 2020
          • Steve September 14, 2020
    • Greg September 23, 2020
  12. Sotiris September 6, 2020
    • Ioannis Sourtzinos September 7, 2020
    • Osborne November 1, 2020
  13. Steve September 18, 2020
  14. Adrian September 26, 2020
    • Warren September 26, 2020
  15. Muhammed October 31, 2020
  16. Osborne November 1, 2020
  17. Petros November 2, 2020
  18. Peter Appelt November 4, 2020
  19. Me March 3, 2021

Leave a Reply