Urgent Warning Against FXELIT Broker Scam

BaFin warning against scam broker FXELIT
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The German regulator BaFin has issued a warning against the scam broker FXELIT. As usual with broker scams, FXELIT shows users exorbitant profits in the Dashboard, encouraging further deposits. However, profits are not paid out. Customer funds deposited via crypto are forwarded to perpetrator-owned wallets. The operators legitimize themselves with alleged “certificates” from non-existent supervisory authorities. They also use the logo of BaFin without permission.

Key Data

Trading namesFXELIT
ActivityScam trading scheme
Attacking languagesEnglish, German
Legal entitiesnot disclosed
Jurisdictionnot disclosed
Contact data[email protected]
Payment optionscrypto
Payment facilitatorsnot active
Compliance ratingBlack

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If you have any information about FXELIT, their operators, and their facilitators, please let us know through our whistleblower system, Whistle42.


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