Broker Ellipse Group: reviews of traders, withdrawal of money, company overview

Ellipse Group is at the top of the list of dubious blockchains. With its promises, the broker managed to attract more than 400 thousand investors to the ranks of traders.

This figure is given on the company's website and is quite the place to be. After all, according to the reviews of investors, the company owns several illegal resources. Many of them have already been blocked, but the rest continue to deceive investors, whose main question is how to get their money back?

Ellipse Group reviews
Withdraw money from Ellipse Group

Contact Information

The broker calls the UK his “homeland” and indicates the London address in his contacts: 73/2 Wood St, Barbican, London A3V 8QS, UK. However, according to these coordinates, the Barbican theater, a couple of hotels and a railway station are determined.

The company did not get rich on the English number of the central office. I presented Moscow numbers on the site: +7 499 371 36 48, and even those are inactive.

There are no links to social networks, but there is an email address [email protected]. But it makes no sense - even the letters of potential investors remain unanswered.

Site history

In its advertising, the company refers to many years of experience, which allows you to make successful transactions through the notorious Forex, by the way. But in Forex, they have not even heard about the blockchain, and many years of experience, according to legend, is 4 years of investment activity, not without the participation of the ECN service, since 2018.

In fact, the resource domain is less than a year old, since it was created in the summer of 2021 and should last exactly one year. That is, the scammers themselves understand that they will not last longer, as a wave of negative reviews will sink a promising scam.

However, the company has a lot of sites, so it may well be that some of them are even older than the project says. Scammers often buy other people's domains, on the basis of which you can always create your own story. Here are just a few of the Ellipse Groups used:

• [email protected]
• ellipsegrp.com
• mobtrader.invest-solutions.net
• fxcm-globe.com

In addition, the firm mimics well-known brands, even those not associated with investments.

One company with a similar name provided legal services in Moscow. However, it no longer works. There is also an organization that sells vegetables. Differences are revealed in contact information, dates of registration and so on.

Resource overview

As documentation, the resource presented the "User Agreement", "Privacy Policy" and "Refund Policy". But the main thing that potential clients should pay attention to is warnings about the absence of any responsibility for the loss of their finances by the trader:

• blockchain is not responsible for the operation of the trading platform;
• the trader's action, regarded as a violation of the contract, entails the blocking of the personal account, deletion of the account and compensation in favor of the broker with the depositor's money;
• for the loss of capital, even through the fault of the site, scammers are not responsible either.

As a guarantor of its honesty and legality, the broker even presents several licenses, but this is a scam. For example, the license of the International Financial Services Commission, which has the number "62/88/26/63", does not exist on the official website of the IFSC company.

It can also be considered unexpected that the courts of Vanuatu should regulate the activities of the company. To be clear, this is a Pacific state in Melanesia, located between Australia and the Solomon Islands with a population of less than 300 thousand people. Of course, they did not even hear about any registration in the database of this offshore.

Other regulators include:

• CySec (#364/54);
• IFSC (No. 67/68/23/99);
• FSC Mauritius (No. C047566351).

But even among them there is no evidence of cooperation with the blockchain. There is no information on the website of the company "Financial Commission", which, according to the assurances of scammers, protects the investments of traders. Simply put, the unfortunate company tried very hard to make its legend believable, but the legend remained so.

Trading conditions

The project is distinguished by a variety of assets for trading. Among the categories available are precious metals, indices and stocks, cryptocurrencies and currency pairs, and commodities. As for cash accounts, there are five of them:

1. Starting deposit with a minimum deposit amount of $25 under 1.5%.
2. The starting amount for this deposit is $500 under 1.2%.
3. $10000, 1%.
4. $50000, 0.8%.
5. VIP. $100 000.

Plus, the site describes a bonus reward system in the amount of 5%, 15% and 30% for the last three types of accounts. But as a result, only owners of a 100% scam receive promotions.

The article belongs to the resource https://stolohov.com - the most complete and up-to-date information about brokers

Reviews

Ellips Group promises withdrawals within 1 day and 24/5 support. But the feedback from contributors testifies to completely different conditions for cooperation: there is no technical support and the opportunity to return what is yours.

How to get your money back?

If you are unlucky enough to invest in a scam project, then the only way to get it back is now a chargeback. This is a procedure for the forced collection of funds, to which the International Payment System obliges not only blockchains, but also any financial organizations and even banks.

More information can be obtained free of charge by filling out the form below: