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Elitecoretradex.live (Elite Trade) Scam: Unlicensed Platform

Savun Law & Consultancy · Updated 28 October 2026

Elitecoretradex.live (Elite Trade) Scam: Unlicensed Platform

The site operating under the domain elitecoretradex.live signs itself at the foot of its pages with a simple name, "Elite Trade". The .live domain was registered on 22.07.2026; the FCA published the site among unauthorised firms on 29.09.2026, and only one email address could be recorded.

In short: Elite Trade (elitecoretradex.live) is not authorised in Türkiye by the Capital Markets Board (SPK). The site sells forex, crypto and tokenised real estate shares; it gives no address or phone number and communicates through live chat. A legal process can be pursued to claim back the money lost.
What this article covers

The site uses the name "Elite Trade", but because many different businesses carry this name online, a victim searching for it has difficulty reaching the right site. The real distinguishing detail is the domain: elitecoretradex.live. The FCA entry lists the support address as [email protected], with no address or phone number.

🧾 The Products Sold

  • Forex, stock, commodity and crypto CFD trading; a "bot that profits even when the market falls"
  • Token shares in properties in Dubai, London, Manhattan and Paris, with a promised annual return of 8.6%–14.2%
  • Tariff plans from USD 10 to 75,000, with simultaneous investment in several plans
  • A claimed Seychelles FSA licence and company registration number 709718501
  • Live support through Smartsupp

For none of these products does the site show an independent custodian, a title deed or an audit report.

⚖️ SPK Authorisation

Elite Trade does not appear in the list of SPK-authorised intermediary institutions; it is not authorised by the SPK. SPK Decision No. 5/173 warns the public against operations offering investment services over the internet without authorisation.

🔗 Others Using the Same Scheme

We have reviewed platforms using the same template and similar investment packages in these articles:

🧭 The Legal Process

  1. The first steps for a victim are described in the article on what forex victims can do.
  2. For payments made in crypto, the trail of money moved to a crypto exchangeTR is traced.
  3. At the trial stage, the right to take part as an intervening partyTR is exercised.

For detailed information and legal support, you can contact Savun Law & Consultancy.

A different operation with a similar name: the article Elite Trade Forex ScamTR covers a separate scheme.

❓ Frequently Asked Questions

Are Elite Trade and elitecoretradex.live the same?

Yes. The site presents itself as Elite Trade, while its domain is elitecoretradex.live. In complaints and research, the domain name is the reliable identifier.

Why does Elite Trade have no address?

Neither the site nor the FCA entry shows a physical address or phone number; contact runs only through email and live chat.

I was told I would earn rent from a real estate token. Is that true?

No title deed or operating information is shared for the properties. Any rent or return amount on the dashboard is the site's own record.

I was a victim of elitecoretradex.live. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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Attorney Veli Savun

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This page is an English adaptation of our Turkish article elitecoretradex.live (Elite Trade) Forex ve Kripto Dolandırıcılığı.

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