Elland Road Capital

( 2.12 )
17 reviews
Suspicious
This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Licensed company.
Several years of work.
Cons
High minimum deposit.
No demo account.
Few additional services.
Losses with leverage 1:400.
High commissions.

Company Background

The firm does not disclose its launch date, but judging by its registration number 2021/939672/07, the project was launched in 2021. According to the domain creation date, the intermediary started working with clients in April 2022. It is worth noting that there is no information about the founders and team on the official website of this company. Meanwhile, the operator of this platform is a South African company that is regulated by the FSCA and has a license number FSP 52127.

In our Elland Road Capital review, we will take a look at how profitable and safe it is to trade with this broker.

Overview of Services and Trading Terms

The company offers traders to “make a breakthrough in CFD trading, and make an impressive breakthrough” to a new level of investing on its platform. However, Elland Road Capital only offers a web-based software that doesn’t have any advanced features. For example, social trading, copy-trading, or EAs.

You can trade assets in 5 main categories, including forex and crypto. 

The broker has developed 5 account types with unclear differences between them. As such, no deposit requirements are disclosed except for the starting amount of $250. Also, all accounts have the same spreads from 0.9 to 2.5, depending on the type of traded asset, and a huge leverage of up to 1:400. On top of that, the company does not disclose any commissions.

Elland Road Capital cannot trade in highly regulated jurisdictions where leverage is limited to 1:30.

Payment transactions are conducted through Cyprus-based Nibra Services Ltd, and withdrawal processing takes a long 10 business days. On top of that, a withdrawal fee of 3.5% or $30 is charged. Additionally, the firm offers an economic calendar and analytics, but there is no demo account here.

Referral and Bonus Schemes

The company does not mention a bonus policy and does not offer prizes. However, you can get bonus offers after registering an account. Regarding the affiliate program, Elland Road Capital invites clients to choose between Conversion or Valued Partner income plans. However, the system for receiving rewards for referrals is not disclosed to the public on the official website. The broker only talks about additional benefits that you can take advantage of in the process, such as marketing materials.

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FAQ

Is there any income guarantee when trading with ellandroadcapital.com?

You can only make money by successfully trading CFDs on currency pairs or other assets. However, this intermediary does not guarantee you a profit.

What sum is necessary to begin dealing with Elland Road Capital?

The size of the starting deposit is $250. This is the amount that this company requires and indicates on its official website.

What deposit and withdrawal methods are available?

You can use such payment methods for deposit/withdrawal as Wire Transfer, Credit/Debit Cards, and APMs. Meanwhile, digital currency payments are the riskiest as they do not provide for a refund.

Is ellandroadcapital.com a legitimate website?

Yes, this broker operates within the legal framework. Our check of the regulator's register in South Africa confirms this.

Is it like roulette with no guarantee of earning money?

The company is not fraudulent. However, its license is valid only for South African residents. Therefore, you risk losing 100% of your funds here when trading with a leverage of 1:400.
Emily White - Author on Scamroulette.com
Emily White

A big red flag is that Elland Road Capital has been blacklisted as an unscrupulous broker by the French regulator AMF. This is due to the fact that the brokerage company has used fraudulent practices, or attracts clients in countries where it is not licensed. If you decide to trade assets, it is better to find more reliable options.

Overall Score

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2.12/5
OVERALL

Based on 17 votes

17 reviews about Elland Road Capital

  • Poole
    1 review
    28.05.2025 23:03
    This is a trap for traders

    Scammers steal from trading accounts and embezzle money. They specially customize the trading platform so that at first trades were profitable for the client, they may even give bonuses for a while, but then they brazenly interfere in trading and can change the price movement on all trades at once, there will be no feedback after that! I lost more than £630 here! ELLAND ROAD CAPITAL is a well practiced scheme of scammers, they know how to launder money and steal it from traders deposits!

  • Mr. Day
    1 review
    26.05.2025 13:30
    They manipulate the trading platform

    I have issues with the quote providers because they are fake! I make long term trades with other brokers and close them with profit, while at ELLAND ROAD all the exact same ones close in the red. I write to the support staff to correct all the inaccuracies in the terminal, but in response only silence. No one on this site protects the interests of the trader, moreover, they do everything to keep even profitable trades in the red, and it is disgusting!

  • Eusebio
    1 review
    22.05.2025 14:45
    All charts on the platform are fake

    It is impossible to make money here. I spent $250 in one day. Do not be fooled in this scam project, you will be left without money.

  • Mr. Warren
    1 review
    19.05.2025 15:47
    Good start!

    I choose the usual USD/CAD, GBP/JPY and BTC/USD. The first two pairs are great for the London session and the third is perfect for the US session, well, it’s bitcoin, yes 😎 I don’t think it’s necessary to explain why. I am satisfied with the trading conditions – it is quite realistic to trade in plus. In three months my deposit increased from 1,300 to 2,200 dollars. This is +70%, and I am satisfied with this result. Of course, if the amount was larger, for example, $100k, the profit would be $70k and would look quite different.

  • John Olson
    1 review
    07.05.2025 00:54
    The main thing is that the money was withdrawn, and everything else is secondary

    I have already withdrawn a total of more than $4,250, although the initial deposit was only 1,000. As you can see, the broker fulfills its obligations and allows you to make money at ellandroadcapital.com

  • Ronald Jones
    1 review
    22.04.2025 16:06
    The broker is great

    I became a client of the company not so long ago. No complaints yet! The experience of the firm and the presence of a regulator inspires my confidence. The software works stably, the Platform has all the necessary tools for analytics and a good training base. Overall, I am satisfied.

  • Angela Hall
    1 review
    28.03.2025 22:07
    I am very sorry for my experience here

    I tried to start trading crypto here, but I couldn’t stand it for more than two weeks – constant calls, demands to deposit, taunts about insolvency, threats to close my account, eventually I ran away from them and lost 340 USDT, but now I don’t suffer from them anymore. However, I would definitely not recommend anyone to get involved with this African cesspit

  • Alice
    1 review
    27.03.2025 14:11
    Real scammers

    I address to the owners of Elland Capital: I wish that as money comes to you, so they leave you, and as you treat people, so they treat you and your close relatives. I forgive you for stealing my money, may it bring you happiness.

  • David XII
    1 review
    25.03.2025 00:24
    I made the wrong decision

    I wanted to give my wife a great gift, so I decided to make some money trading. I opened an account and deposited money at ellandroadcapital.com. At first everything went as it should, I made a little bit of money. Then the manager advised me to deposit a larger amount, my excitement played its role, I agreed and deposited $25k. After that I can’t contact the manager and I can’t withdraw money either. I gave my wife an unforgettable gift…left us penniless.

  • B. Hicks
    1 review
    22.03.2025 10:10
    I was scammed

    I invested a total of about $2,120 but was disappointed with the broker. The receptionist said that the manager would contact me, but there was no call from him. I decided to contact the responsible manager myself, but he didn’t get in touch 🙁 It’s been a few days now and I can’t withdraw money from ellandroadcapital.com. Can you please advise me what should I do in this situation?

  • Christopher S.
    1 review
    11.03.2025 17:44
    My opinion is rather neutral

    I work with this broker for more than a year, and so far no problems have arisen, technically everything is fine too. As for the service, its level corresponds to a broker with experience. I do not see any reasons for criticism or admiration. I got what I expected from ellandroadcapital.com!

  • Courtney
    1 review
    05.03.2025 23:25
    THIS IS A FULL FRAUD!!!!!

    Hi friends! As I found out, these crooks constantly require a minimum of $2-$3 thousand supposedly for the normal operation of the platform, where is it prescribed???? This is a real SCAM! There are tons of problems on ellandroadcapital.com that they don’t respond to, it’s a disgusting farce.

  • R. Hughes
    1 review
    03.03.2025 00:56
    Long withdrawal of funds

    This company allows you to use various strategies and provides a lot of useful analysis tools. I would have no complaints to this broker, if it were not for the withdrawal terms, which quite often do not coincide with the stated ones. For me, as well as for many traders, this is a significant drawback.

  • Hanna
    1 review
    02.03.2025 06:38
    A complete nightmare with liquidity

    I only opened 3 trades last week and all closed at wrong prices, I reviewed them and sent a request to Road Capital support but no response. Gaps appear from zero while trading, the order is opened at the first price after the gap and the difference of 26 pips disappears!!!! Road Capital, you can not cheat your clients like this!

  • H. Anderson
    1 review
    28.02.2025 23:38
    Alas, I made the wrong choice.

    Apart from a lot of problems, this broker has nothing else to offer! No support, no stability of the system, no normal withdrawal of funds!

  • C. Sullivan
    1 review
    25.02.2025 14:05
    The platform is good

    For me trading is still an additional source of income, but I hope that in time it will become my main source of income👍 I’ll see what happens next, but for now I’m glad I found a reliable broker to work with

  • Joyce
    1 review
    23.02.2025 11:53
    You will not see your investment

    I invested €270 here to test their platform. It works very slowly. Anyway, I was not satisfied with their site after testing, so I decided to withdraw my invested money. A minute later I received an email: “Urgent notice. You must provide passport photos, a scanned credit card and a residence bill or your account will be blocked within 24 hours.” Honestly, Elland road capital is one of those brokers that you should avoid, they take your money quickly and as soon as you want your investment back that you have deposited, they will do everything in their power to delay it all.

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Broker Profile

Date of foundation
Since 2021
License
Trusted
Leverage
Flexible leverage options (up to 1:500)
Demo account
No
Order Execution Model
DD
Minimum deposit
$250
Regulatory Compliance
Regulated with lesser-known regulators
Currency Pairs Offered
Major currency pairs only
Customer Support
Multilingual support
Educational Resources
No educational resources
Deposit and Withdrawal Options
Variety of deposit and withdrawal methods (bank transfer, credit/debit cards, e-wallets), Slow processing times
Trading Tools
Basic trading tools

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