The Australian Securities and Investments Commission ( ASIC).The Cyprus Securities and Exchange Commission ( CySEC).Some examples of regulatory authorities that issue brokerage licenses are: In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.

When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. This will tell you whether they are regulated by a central authority or if Elite Swing Trader is an offshore and/or unregulated entity. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). A little bit of preliminary research can go a long way in protecting you and your finances. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. Based on this user feedback, it appears that Elite Swing Trader is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums.Īfter conducting some research on various social media platforms (Facebook, Twitter, Instagram), as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with Elite Swing Trader. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.

They can be contacted by phone number at N/A or by email at website can be found at : Traders Opinion Elite Swing Trader is an online trading broker owned by Strategy Mastery Sdn.

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