Абстракт:Element was registered in 2023 in the United States. It provides many trading assets, including forex, precious metals, oil, indices and cryptocurrencies. However, it is not regulated currently.
Note: Element's official website: https://elementrader.com/ is currently inaccessible normally.
ElementReview Summary | |
Founded | 2023 |
Registered Country/Region | United States |
Regulation | ASIC/FSA/FCA (Suspicous Clone) |
Market Instruments | Forex, precious metals, oil, indices and cryptocurrencies |
Demo Account | / |
Leverage | / |
Spread | / |
Trading Platform | Element Trade platform |
Min Deposit | / |
Customer Support | Email: support@wamsm.com |
Element was registered in 2023 in the United States. It provides many trading assets, including forex, precious metals, oil, indices and cryptocurrencies. However, it is not regulated currently.
Pros | Cons |
Various trading assets | Not regulated |
Relatively new | |
Lack of transparency |
Regulatory Status | Suspicious Clone |
Regulated by | Australia |
Licensed Institution | AVA CAPITAL MARKETS AUSTRALIA PTY LTD |
Licensed Type | Market Making (MM) |
Licensed Number | 406684 |
Regulatory Status | Suspicious Clone |
Regulated by | Japan |
Licensed Institution | Ava Trade Japan K.K |
Licensed Type | Retail Forex License |
Licensed Number | 関東財務局長(金商)第1662号 |
Regulatory Status | Suspicious Clone |
Regulated by | United Kingdom |
Licensed Institution | AVA Trade EU Limited |
Licensed Type | European Authorized Representative (EEA) |
Licensed Number | 504072 |
Element Trade MT5 claims to be licensed by financial regulators in the UK, Austria, Japan and the US. However, The registration of the UK-based company AVA Trade EU Limited has nothing to do with Element Trade MT5, and the others's license institutions are also different.
Tradable Instruments | Supported |
Forex | ✔ |
Precious metals | ✔ |
Oil | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Options | ❌ |
ETFs | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
Element Trade platform | ✔ | Web | Experienced traders |