Review summary
Elarem Limited is a brokerage registered in the United Kingdom and has been operational for approximately 1-2 years. According to WikiFX data, the entity operates with a 'Suspicious Scope of Business' and holds no valid forex trading licenses from recognized regulatory authorities. The lack of authoritative financial oversight presents a significant concern for client fund security. The platform's WikiFX Score stands at a very low 1.23 out of 10, reflecting substantial operational risks. Public user exposure on WikiFX highlights serious concerns regarding withdrawal processes and fund handling. The combination of an unregulated status, documented user complaints, and a critically low score indicates a highly problematic profile for traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-05)
