ElStocks: customer reviews about the company’s work in 2022
When choosing a broker, many beginners make serious mistakes by not checking the company’s legal documents. This can lead to serious financial problems in the future. Today we will review information about the company ElStocks, which has raised doubts among many users.
What is known about the company?
According to the platform’s statement, ElStocks was founded by experienced financiers who offer solutions to minimize clients’ financial risks. The website claims that the company has over 1000 clients in different countries around the world, and its achievements have been recognized with prestigious awards. However, the lack of information about the real founders and the project’s duration raises doubts.
Checking the domain registration date showed that the site was launched in July 2021, yet reviews about the company only appeared recently. Additionally, the provided contact information turned out to be inaccurate, creating grounds for doubts about the company’s reliability.
Legal documents
ElStocks platform lacks scanned copies of the registration certificate and license, although the company claims to operate in accordance with the legislation of the European Economic Area. However, according to the registry of financial companies in the UK, ElStocks is not listed. The absence of a license is confirmed by real customer reviews, indicating the danger of working with this company.
Services offered
ElStocks offers access to a wide range of assets and various tariff plans with different conditions. However, the lack of information on deposit and withdrawal conditions, as well as the absence of demo accounts, raises doubts among potential clients.
Customer reviews
The initial reviews of ElStocks contain negative feedback about the company’s operations. Customers complain about financial manipulations, account blockages without explanation, and negative communication experiences with the company.
Action algorithm
ElStocks company uses unreliable information and psychological pressure on beginners to attract clients. Clients are offered dubious trading advice and are pressured into installing unreliable software, posing serious risks to users.
Conclusion
An independent review shows that ElStocks raises serious concerns among clients, and working with it carries risks of financial losses. Delayed refunds and lack of legal protection make collaboration with this company undesirable.
