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EIG -

Score

1.48 /10
Danger

EIG

Hong Kong

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

https://eig-fx168.com

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.74

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Elitaglobal

Company Abbreviation

EIG

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Scam

There is no way to withdraw.

FX1685407648
2020-09-01 15:18
Unable to Withdraw

scam

funds lost when site taken down. this info was showing on my properties establishing a link with JinLong ZhiHui and they even cannabalized the login page from eigforex.

FX9121843202
2020-11-03 14:00
Scam

Suspended my account immediately after depositing

I met a girl from Hong Kong named XIA YAO via Tinder, who persuaded me to invest on the broker. she successfully wheedled me into opening an account and making a deposit on the platform. But the staff has shut down the broker's website and changed it's name. The investor: At first I thought it was XIA YAO who would help me place an order, but I was wrong. She invited me to a WhatsApp group where an investment adviser was in. The adviser suggested topping up my MT5 account with €1 million and his managing my account. If I made a profit, he would take 10% commission from it, but if I lost, he would compensate me with 50% of the total amount. The investor: I made the transfer under the platform's instructions. Thereafter, I noticed that my MT5 account rejected me to log in and kept telling wrong password.　　I contacted the platform, but they insisted that they had not received my remittance.

gustavo_fring
2021-09-02 15:06
Unable to Withdraw

SCAM eig (What should I do? Pleas help me!)

Write me support:Hello!Dear 31630xxxx customer, it has been verified that your account has earned more than 10000 percent.You need to recharge 30 percent of the existing amount of $628073.29 in your account. You need to deposit another $188421.98.Your account is now frozen.After the deposit arrives you will be upgraded to EIG gold customer.We will provide the best service.Please contact us if you have any questions.Wish you a happy life!-----------I'm writing to support:Hello,Why did you freeze my account? I have provided you with every document you wanted and there are more than $ 775,000 in my account.Nowhere is it stated that 30% would have to be paid before withdrawal.It looks like a big scam.I trade on many exchanges, including Binance, but I have not experienced such behavior anywhere.So let me know 1) Why did you freeze my account? 2) Why do I have to send 30% of my balance?Because I dont unerstand it. What should I do? Pleas help me!

FX2874392842
2020-08-24 07:32
EIG · Company summary

Note:EIG's official website:http://www.EIG.com/ is currently inaccessible normally.

EIG Information

Originally founded in 1995 and registered in Hong Kong, EIG is an uncontrolled broker offering the MT4 trading platform. The company lacks any regulatory monitoring, hence traders are quite at risk. Email support@eig-fx168.com will allow EIG to be accessed for client help.

EIG Information

Is EIG Legit or a Scam？

Being an unregulated broker without control from financial regulatory authorities, EIG has investment risks because of the lack of standard protections.

Is EIG Legit or a Scam?

Downsides of EIG

Unregulated: EIG operates as an unregulated broker, therefore increasing the risk for investors from the absence of uniform protections and financial regulatory compliance.

Potential Fraud: The organisation is marked as having a high potential risk, meaning that its operations, dependability, and safety for investors could cause great worries.

Unable to withdraw: Numerous allegations against EIG point to serious operational and trustworthiness issues: problems with account suspension following deposits, unable to withdraw funds, and the website being taken down.

Negative EIG Reviews on WikiFX

An essential comment part in WikiFX is exposure.

Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.

EIG has 5 exposures on WikiFX. I will introduce 2 of them.

Exposure.1 Fraud

Negative EIG Reviews on WikiFX
ClassificationAccount suspended
DateSeptember 2nd,2021
Post CountryMalaysia

The client said the platform denied getting the payment, their account was terminated shortly after depositing, following advice from an investment consultant.Visit:

https://www.wikifx.com/en/comments/detail/202109029052614810.html

Exposure.2 Scam

Negative EIG Reviews on WikiFX
ClassificationFunds lost
DateNovember 3rd,2020
Post CountryUnited States

The client claimed they lost money when the site was shut down and discovered a link to JinLong ZhiHui using eigforex's replicated login page.One could come visit:

https://www.wikifx.com/en/comments/detail/202011036002487426.html

Conclusion

Unchecked broker Among EIG's several complaints are lost money, account bans, and questionable behaviour. Trading with EIG is risk, users should use controlled brokers with open information if they want a safe trading environment.

User Reviews

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User comment

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Comments

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。zzz
more than one year
Introduced here by a friend on Instagram, I did not invest in much money. Thanks to my right decision that time, I did not suffer much losses. EIG is a real scammer, guys，so unwilling to mention it.
Introduced here by a friend on Instagram, I did not invest in much money. Thanks to my right decision that time, I did not suffer much losses. EIG is a real scammer, guys，so unwilling to mention it.
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2023-03-03 11:34
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