We plot every flagged operation on the same network map, and Element Trade MT5 sits in a cluster our team knows well – a polished front, a scripted onboarding, and a warning record behind it.
Position on the risk map
Element Trade MT5 claims to be operated by Element Trade Ltd. under various regulations, including the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Japan Financial Services Agency (Japan FSA), and the Central Bank of Ireland (CBI). However, our search for this company in the above-mentioned regulators' registries didn't yield any results. This means that it is using false information to deceive unsuspecting investors. In addition, Element Trade MT5 also claims to have an NFA ID of 0555592. We did find matching records on National Futures Association (NFA) website but data shows that it is not an NFA-member and thus not subject to this regulator's oversight. In essence, Element Trade MT5 is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Red flags on the map
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
If you have funds with Element Trade MT5
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.