Score
Ellipsys
Mauritius|5-10 years| http://www.elpmarkets.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Mauritius
5-10 years Suspicious Regulatory License Self-developed Suspicious Scope of Business High potential riskFormal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
elpmarkets.com
Server Location
United States
Website Domain Name
elpmarkets.com
Server IP
166.62.84.53
Company Summary
| Ellipsys Review Summary | |
| Founded | 1999 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | CFDs, Currencies, Futures, Indices, Commodities |
| Demo Account | ✅ |
| Leverage & Spread | Not mentioned |
| Trading Platform | MetaTrader 4, VertexFX 11 |
| Min Deposit | Notmentioned |
| Payment Methods | Visa, Mastercard, American Express, Union Pay, Wintech |
| Customer Support | Phone: +44 2032874433 (via Skype) |
| Email: info@elpmarkets.com | |
| 24/7 Online Chat: Yes | |
| Physical Address: Level 6 Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius | |
Ellipsys Information
Ellipsys is a financial services business based in Mauritius that is unregulated. It offers a variety of trading products, such as CFDs, currencies, futures, indices, and commodities. The business gives customers access to well-known trading systems like MetaTrader 4 and VertexFX 11.
Pros and Cons
| Pros | Cons |
| Multiple trading platforms (MT4, VertexFX 11) | No leverage |
| 5 payment methods | High spread can reach 60 pips |
| No minimum account size | |
| 0 commission |
Is Ellipsys Legit?
Ellipsys is an unregulated exchange.
What Can I Trade on Ellipsys?
Ellipsys provides 50+ currency pairs, indices, commodities, and futures to its users.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Currencies | ✔ |
| Futures | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Types
Ellipsys has two types of accounts: Demo accounts and Live accounts.
The demo account is available for free practice.
| Account Name | Min. Deposit | Key Features | Suitable for |
| Demo Account | No deposit | Free practice, 24-hour support, market research tools | New traders practicing strategies |
| Live Account | No minimum account size | Access to award-winning platforms, low margin, dedicated manager, 24/7 support | Retail and corporate traders |
Ellipsys Fees
Ellipsys offers both fixed and variable spreads depending on the asset class, with spreads starting from 2 pips for major currency pairs. It doesn't ask for any commission.
| Product Type | Typical Spread |
| Metals | 40-60 pips |
| Energy | 40-50 pips |
| Indices | 8-75 pips |
| Currencies | 2-8 pips |
Trading Platform
Ellipsys offers 2 types of trading platforms to users.
| Trading Platform | Supported | Available Devices | Suitable for |
| Zen Trader - MetaTrader 4 (MT4) | ✔ | Web, Mobile | Beginner to experienced traders |
| Zen Pro - VertexFX 11 | ✔ | Web, Desktop | Intermediate to advanced traders |
Deposit and Withdrawal
Ellipsys supports various deposit and withdrawal methods, including credit cards and third-party payment solutions. No fees are mentioned for deposits or withdrawals.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Visa, Mastercard | No minimum account size | None | Instant |
| American Express | No minimum account size | None | Instant |
| Union Pay | No minimum account size | None | Instant |
| Wintech | No minimum account size | None | Instant |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Self-developed
- Suspicious Scope of Business
- High potential risk
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