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/10

ELLIPSYS

Mauritius Mauritius | 5-10 years |
Questionable Regulatory License | MT5 Full License | Regional Brokers | High Potential Risk

http://www.elpmarkets.com/

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

EllipsysFinancial-Server

United Kingdom
United Kingdom
MT5
1

Influence

D

Influence Index NO.1

United Arab Emirates United Arab Emirates 2.59

MT4/5 Verification

MT4/5 Verification

Full License

1
Server Name
EllipsysFinancial-ServerMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence Index NO.1

United Arab Emirates United Arab Emirates 2.59
Surpassed 22.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

http://www.elpmarkets.com/
CentrePoint, Lot 02, Floor 1, Trianon, Mauritius - 11324
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Mauritius
Operating Period
5-10 years
Company Name
Ellipsys Financial Markets
Email
info@elpmarkets.com
Address
CentrePoint, Lot 02, Floor 1, Trianon, Mauritius - 11324
Related Personnel
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
157.00
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Verified Site

  • United States elpforex.com
    97.74.91.38
  • United States elpmarkets.com
    166.62.84.53

Relationship Map

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ELLIPSYS

Related Companies

Ellipsys Financial Markets(Mauritius)
Mauritius
Ellipsys Financial Markets(Mauritius)
Active
Mauritius
Registration No.
C107134
Est. Date
ELLIPSYS CAPITAL CORP.(Panama)
Panama
ELLIPSYS CAPITAL CORP.(Panama)
Active
Panama
Registration No.
738971
Est. Date
Employees

Company Profile

Company Profile

Review summary

Ellipsys Review Summary
Founded1999
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsCFDs, Currencies, Futures, Indices, Commodities
Demo Account
Leverage & SpreadNot mentioned
Trading PlatformMetaTrader 4, VertexFX 11
Min DepositNotmentioned
Payment MethodsVisa, Mastercard, American Express, Union Pay, Wintech
Customer SupportPhone: +44 2032874433 (via Skype)
Email: info@elpmarkets.com
24/7 Online Chat: Yes
Physical Address: Level 6 Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius

Ellipsys Information

Ellipsys is a financial services business based in Mauritius that is unregulated. It offers a variety of trading products, such as CFDs, currencies, futures, indices, and commodities. The business gives customers access to well-known trading systems like MetaTrader 4 and VertexFX 11.

Ellipsys Information

Pros and Cons

ProsCons
Multiple trading platforms (MT4, VertexFX 11)No leverage
5 payment methodsHigh spread can reach 60 pips
No minimum account size
0 commission

Is Ellipsys Legit?

Ellipsys is an unregulated exchange.

Is Ellipsys Legit?

What Can I Trade on Ellipsys?

Ellipsys provides 50+ currency pairs, indices, commodities, and futures to its users.

Tradable InstrumentsSupported
CFDs
Currencies
Futures
Indices
Commodities
Stocks
Cryptocurrencies
ETFs
What Can I Trade on Ellipsys?
What Can I Trade on Ellipsys?
What Can I Trade on Ellipsys?
What Can I Trade on Ellipsys?
What Can I Trade on Ellipsys?

Account Types

Ellipsys has two types of accounts: Demo accounts and Live accounts.

The demo account is available for free practice.

Account NameMin. DepositKey FeaturesSuitable for
Demo AccountNo depositFree practice, 24-hour support, market research toolsNew traders practicing strategies
Live AccountNo minimum account sizeAccess to award-winning platforms, low margin, dedicated manager, 24/7 supportRetail and corporate traders
Account Types

Ellipsys Fees

Ellipsys offers both fixed and variable spreads depending on the asset class, with spreads starting from 2 pips for major currency pairs. It doesn't ask for any commission.

Product TypeTypical Spread
Metals40-60 pips
Energy40-50 pips
Indices8-75 pips
Currencies2-8 pips
Ellipsys Fees
Ellipsys Fees
Ellipsys Fees

Trading Platform

Ellipsys offers 2 types of trading platforms to users.

Trading PlatformSupportedAvailable DevicesSuitable for
Zen Trader - MetaTrader 4 (MT4)Web, MobileBeginner to experienced traders
Zen Pro - VertexFX 11Web, DesktopIntermediate to advanced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

Ellipsys supports various deposit and withdrawal methods, including credit cards and third-party payment solutions. No fees are mentioned for deposits or withdrawals.

Deposit OptionsMin. DepositFeesProcessing Time
Visa, MastercardNo minimum account sizeNoneInstant
American ExpressNo minimum account sizeNoneInstant
Union PayNo minimum account sizeNoneInstant
WintechNo minimum account sizeNoneInstant
Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Is ELLIPSYS a legit trading platform?

Ellipsys Financial Markets is a registered entity in Mauritius with 5-10 years of operational history, holding a local Securities Trading License from the Financial Services Commission (FSC).

04-02
United States

Which regulator oversees ELLIPSYS?

The entity holds an active Securities Trading License issued by the Financial Services Commission (FSC) of Mauritius under number C111010125. This is a local regulatory authorization.

04-02
United States

Does ELLIPSYS support MT5?

Yes, Ellipsys Financial Markets offers a Full License version of the MetaTrader 5 platform to its clients, which is assessed with an average order execution speed of 166ms.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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