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ElazarCapital Broker Review and Information 2024

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ElazarCapital

Registration

Open Account Now

Reviews Rating

Rating

Status

Scam

Regulation

Unregulated

Trading software

Proprietary web platform

Headquartered

Saint Vincent and the Grenadines

ElazarCapital is an unregulated offshore broker registered in Saint Vincent and the Grenadines. It advertises access to Forex, CFDs, commodities, and cryptocurrencies via a proprietary web and mobile platform, but it lacks licenses from major regulators such as FCA, CySEC, or ASIC. Clients report blocked accounts, hidden withdrawal fees, and aggressive sales tactics. With a minimum deposit of $250, promises of “exclusive strategies,” and leverage up to 1:500, the broker shows all the signs of being a scam operation rather than a legitimate trading provider.


ElazarCapital Review and Information 2025

ElazarCapital (elazarcapital.com) presents itself as a global brokerage firm offering access to Forex, CFDs, commodities, and cryptocurrencies. The company highlights “exclusive strategies,” “personal account managers,” and “high standards of service.”

Despite the glossy marketing, ElazarCapital has attracted serious concerns among industry experts and regulators. In 2025, the broker remains unlicensed, is flagged by financial authorities, and faces repeated customer complaints about withheld funds and blocked accounts.

Regulation & Licensing

ElazarCapital operates from Saint Vincent and the Grenadines, a jurisdiction with minimal financial oversight. The broker does not hold licenses from respected regulators such as the FCA (UK), CySEC (Cyprus), ASIC (Australia), or CFTC/NFA (USA).

The Bank of Russia has listed ElazarCapital among companies with characteristics of financial pyramids. This lack of regulation means clients have no protection, no compensation schemes, and no regulatory recourse in case of disputes.

Account Types

ElazarCapital promotes tiered accounts, structured to push investors toward larger deposits:

  • Basic Account – Minimum deposit from $250, limited access.

  • Silver / Gold Accounts – $1,000 to $10,000 deposits; marketed with tighter spreads and dedicated managers.

  • VIP / Premium Accounts – $25,000+ deposits; promises of “exclusive strategies,” priority withdrawals, and personal consultations.

In practice, client feedback suggests that these tiers do not significantly change the trading experience — they simply encourage investors to deposit more capital.

Commissions & Fees

The broker claims “competitive spreads” but does not publish exact conditions. According to user reports:

  • Spreads are variable and often widen unpredictably.

  • Withdrawal fees can reach 25–30% of the requested amount.

  • Early account closure (within one year) is penalized with a 20% fee.

  • Additional hidden charges (e.g., “taxes,” “verification fees”) are often introduced during withdrawals.

This lack of transparency is a major red flag, as legitimate brokers always disclose their fee structure.

Trading Instruments

ElazarCapital advertises access to multiple markets:

  • Forex: Major and minor pairs, plus selected exotics.

  • CFDs on stocks: Large-cap companies from the US and Europe.

  • Indices: Global benchmarks such as NASDAQ, S&P 500, and DAX.

  • Commodities: Oil, gold, silver, agricultural products.

  • Cryptocurrencies: Bitcoin, Ethereum, and several altcoins.

While the asset list looks extensive, there is no guarantee that trades are executed on real markets. Many unlicensed brokers only simulate price movements on their internal platforms.

Pros and Cons

Pros:

  • Wide range of claimed trading instruments.

  • Low entry barrier (minimum $250 deposit).

  • Availability of both web and mobile platforms.

Cons:

  • Unregulated – no protection for client funds.

  • Proprietary platform only (no MT4/MT5).

  • Hidden fees and severe withdrawal restrictions.

  • Negative client reviews citing blocked accounts.

  • Aggressive and misleading marketing tactics.

  • Offshore registration in Saint Vincent and the Grenadines.

Conclusion

ElazarCapital positions itself as an international broker but operates without credible regulation and under opaque conditions. Its offshore registration, lack of transparency, aggressive marketing promises, and history of withdrawal problems strongly indicate that this is not a trustworthy provider.

Verdict for 2025: ElazarCapital is a high-risk scam broker. Investors are advised to avoid opening accounts or depositing funds with this company.

Broker Trading Information

  • WWW

    elazarcapital.com

  • Maximum Leverage

    Up to 1:500

  • Available assets

    Forex, CFDs on stocks, indices, commodities, cryptocurrencies

  • Languages

    English

  • Broker type

    Scam broker

  • Account

    $250

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