FX EliteTrader kept reaching out to me last year to open an account and deposit money. After a brief conversation with their customer service, I got an idea of their trading conditions. First off, the minimum deposit is a whopping 10,000 euros! That's insane and almost no regulated broker would ask for that much. And once you deposit that amount, good luck getting your money back! I tested their spreads and they were crazy high, not just a little high, but way higher than normal.
FX EliteTrader kept reaching out to me last year to open an account and deposit money. After a brief conversation with their customer service, I got an idea of their trading conditions. First off, the minimum deposit is a whopping 10,000 euros! That's insane and almost no regulated broker would ask for that much. And once you deposit that amount, good luck getting your money back! I tested their spreads and they were crazy high, not just a little high, but way higher than normal.
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