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The WikiFX Score of this broker is reduced because of too many complaints!

EIG

Hong Kong|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://eig-fx168.com/

Website

Rating Index

Contact

support@eig-fx168.com
https://eig-fx168.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Hong Kong
Operating period
2-5 years
Company Name
Elitaglobal
Abbreviation
EIG
Company employee
--
Customer Service Email Address
support@eig-fx168.com
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

gustavo_fring

Malaysia

I met a girl from Hong Kong named XIA YAO via Tinder, who persuaded me to invest on the broker. she successfully wheedled me into opening an account and making a deposit on the platform. But the staff has shut down the broker's website and changed it's name. The investor: At first I thought it was XIA YAO who would help me place an order, but I was wrong. She invited me to a WhatsApp group where an investment adviser was in. The adviser suggested topping up my MT5 account with €1 million and his managing my account. If I made a profit, he would take 10% commission from it, but if I lost, he would compensate me with 50% of the total amount. The investor: I made the transfer under the platform's instructions. Thereafter, I noticed that my MT5 account rejected me to log in and kept telling wrong password.  I contacted the platform, but they insisted that they had not received my remittance.

Exposure

2021-09-02

FX9121843202

United States

funds lost when site taken down. this info was showing on my properties establishing a link with JinLong ZhiHui and they even cannabalized the login page from eigforex.

Exposure

2020-11-03

FX1685407648

Italy

There is no way to withdraw.

Exposure

2020-09-01

FX2874392842

Czech Republic

Write me support:Hello!Dear 31630xxxx customer, it has been verified that your account has earned more than 10000 percent.You need to recharge 30 percent of the existing amount of $628073.29 in your account. You need to deposit another $188421.98.Your account is now frozen.After the deposit arrives you will be upgraded to EIG gold customer.We will provide the best service.Please contact us if you have any questions.Wish you a happy life!-----------I'm writing to support:Hello,Why did you freeze my account? I have provided you with every document you wanted and there are more than $ 775,000 in my account.Nowhere is it stated that 30% would have to be paid before withdrawal.It looks like a big scam.I trade on many exchanges, including Binance, but I have not experienced such behavior anywhere.So let me know 1) Why did you freeze my account? 2) Why do I have to send 30% of my balance?Because I dont unerstand it. What should I do? Pleas help me!

Exposure

2020-08-24

4
Website
Company Summary
Review

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Official website

Website

  • eig-fx168.com

    Server Location

    Hong Kong

    Website Domain Name

    eig-fx168.com

    Server IP

    210.56.48.148

Company Summary

Note:EIG's official website:http://www.EIG.com/ is currently inaccessible normally.

EIG Information

Originally founded in 1995 and registered in Hong Kong, EIG is an uncontrolled broker offering the MT4 trading platform. The company lacks any regulatory monitoring, hence traders are quite at risk. Email support@eig-fx168.com will allow EIG to be accessed for client help.

EIG Information

Is EIG Legit or a Scam?

Being an unregulated broker without control from financial regulatory authorities, EIG has investment risks because of the lack of standard protections.

Is EIG Legit or a Scam?

Downsides of EIG

Unregulated: EIG operates as an unregulated broker, therefore increasing the risk for investors from the absence of uniform protections and financial regulatory compliance.

Potential Fraud: The organisation is marked as having a high potential risk, meaning that its operations, dependability, and safety for investors could cause great worries.

Unable to withdraw: Numerous allegations against EIG point to serious operational and trustworthiness issues: problems with account suspension following deposits, unable to withdraw funds, and the website being taken down.

Negative EIG Reviews on WikiFX

An essential comment part in WikiFX is exposure.

Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.

EIG has 5 exposures on WikiFX. I will introduce 2 of them.

Exposure.1 Fraud

Negative EIG Reviews on WikiFX
ClassificationAccount suspended
DateSeptember 2nd,2021
Post CountryMalaysia

The client said the platform denied getting the payment, their account was terminated shortly after depositing, following advice from an investment consultant.Visit:

https://www.wikifx.com/en/comments/detail/202109029052614810.html

Exposure.2 Scam

Negative EIG Reviews on WikiFX
ClassificationFunds lost
DateNovember 3rd,2020
Post CountryUnited States

The client claimed they lost money when the site was shut down and discovered a link to JinLong ZhiHui using eigforex's replicated login page.One could come visit:

https://www.wikifx.com/en/comments/detail/202011036002487426.html

Conclusion

Unchecked broker Among EIG's several complaints are lost money, account bans, and questionable behaviour. Trading with EIG is risk, users should use controlled brokers with open information if they want a safe trading environment.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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