Is a scam or a legit broker? Read Elland Road Review

Elland Road is an offshore or unreliable broker that is not regulated by any reputed regulation authority in its region. This broker offers trading and investment services in many countries without having a license from any regulatory authority in its country like CySec, ASIC, FCA, CNMV, etc. The broker got many Complaints and negative Elland Road reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.

 Website –

 Address – Office 162, First Floor, Willow bridge Centre, Carl Cronje Dr, Cape Town, 7530, South Africa

 Warned By – Not recommended by review website like Report Scam

Domain Age Information of Elland Road

Date RegisteredApril 11, 2022
Domain Age11 months, 15 days, 19 hours, 35 minutes, 27 seconds

Despite Elland Road Capital attempts to look legit and trustworthy, we can’t disregard the alerts that Elland Road giving us. There are many brokers like it, and we can quickly recognize the kind of specialist we are dealing with by stepping into the site. We also reviewed comparative-looking broker sites in our scam brokers 2024 list, the vast majority of them are unlicensed and obscure. Find more about the scam broker in our review list.

Elland Road Review

Elland Road Capital, a South African-based financial service corporation, operates within regulatory frameworks but is marred by suspicions of illicit activities and high risk. Primarily offering MT4/5 white label services to regional brokers, the company has faced numerous complaints indicative of potential hazards. Negative reviews on prominent platforms like Trustpilot and Sitejabber highlight issues such as denial of withdrawal access and substantial balance losses.

Reports depict alarming scenarios, including accounts being completely wiped clean without recourse, leaving customers in distress and without recourse. Allegations of fraudulent practices persist, with some investors claiming the loss of life savings. Withdrawal difficulties further compound concerns, underscoring the need for heightened caution when dealing with Elland Road Capital. Investors are urged to exercise thorough due diligence and consider alternative options to mitigate potential risks associated with this broker.

Possible scam activities of Elland Road

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams, and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Elland Road review.

  • The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
  • The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
  • The broker may have made many false claims through its website.
  • The broker promises returns that are too good to be true.
  • The risk warnings may not be disclosed on their webpage or would be hidden.
  • The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
  • The broker may be located in countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
  • This broker provides you with good chances of making profits. When you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you cannot make a withdrawal.

How to withdraw money from Elland Road Capital?

For bank transfers, the minimal withdrawal is $100, and for credit cards, it is 10. You can withdraw any amount using an e-wallet as long as you pay the fee for the withdrawal.

Processing may require 8 to 10 working days from the time the request is submitted until the refund is received.

You must choose the same withdrawal option that you used to fund your account. You can only use APMs to make withdrawals, for instance, if you used them to make a payment.

Negative Elland Road Reviews and Complaints

Elland Road Capital has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2024.

Example of Negative Elland Road Review

After Searching internet, you will find many negative Elland Road Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Elland Road Capital reviews are negative. Instead, we recommend looking for regulated and reputed brokers who can help in growing your investments.

Scammed by Elland Road? How do you get your lost money back from Elland Road?

The best solution recommended for getting your lost money back from Elland Road trading is Report Scam Community

It is one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. They are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free Consultation and anyone can register by filling out a very short complaint form.

Elland Road Capital Is it safe? Conclusion

To begin with, Elland Road is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold any valid license and is targeting clients from different nations. So, we advise you to stay away from such brokers as your money may be at high risk with them.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you from becoming a victim of broker scams.

Get more Information about Scam Brokers VisitScam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Read about a similar scam broker – AlpineProfit review

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Note: Report Scam Community has conducted much research before flagging Elland Road as a possible scam in this Review. Are you planning to trade with Elland Road and invest your money? Report Scam suggests you read this Elland Road Review first.

You can Trust Report Scam Community! as we have experience!