Company Information

Get to know Elphrods Services LLP

Elphrods Services LLP positions itself as a global STP/ECN broker providing retail and institutional clients with access to trade Contracts for Difference (CFDs) on a range of financial instruments, including Forex, cryptocurrencies, indices, and commodities. The company is incorporated in St. Vincent and the Grenadines and aims to offer competitive trading conditions, such as low spreads and fast execution, through popular trading platforms. It should be noted that while registered as an LLP in St. Vincent and the Grenadines, the Financial Services Authority (FSA) of that jurisdiction does not regulate forex trading activities.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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Elphrods Services LLP

Kenya

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.