Elite Traders Club Review

2.491 · 18 REVIEWS
Updated: Sep 25, 2020 · EliteTradersClub.com  · Is this your company?
Elite Traders Club

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2.491 · 18 REVIEWS
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Traders Reviews

USA, USA,
Sep 10, 2020,
Registered user

Drawdown All year, terrible all around

Service use: Live

Length of use: 6-12 Months

Joined In november of 2019, decent month, and that was about the last time I was in profit, they've been in a drawdown ever since, but I trusted them because they were "professional" and seemed trustworthy but when the month may (which they were still in draw down for) came they said lets switch to 1% risk instead of 2% (while they were in for that month, like the entire year) they won a few trades but since they were using 1% risk they would not have been positive, instead when the end of the month came they decided "oh yea we know we mentioned we were now using 1% risk instead of 2% but since we know some are still using 2% were gonna use that for the count so this could look like a positive month" unbelievable

literally the worst provider every and then they blame there terrible service on a cluster of "bad luck"

they went on a two week break from signals to back test and came back losing again, stay away just follow trading memes for the poop and giggle don't pay for these signals.

I've lost a bunch of money to them, recovered trading on my own which i should not have to that's why I decided to use there signals, and they lost it again to them. I'll give them a chance to finish the year strong but if that's not possible then this review stays.
 
London, United Kingdom,
Aug 27, 2020,
Registered user

TERRIBLE SIGNALS, SCAM SERVICE

Service use: Live

Length of use: over 1 Year

Totally rubbish signals, almost everything hits SL. I have been with them for a YEAR with very good risk management, 2% risk per trade, and overall I have lost 20-25k. I can trade better myself, their win rate is like 20-30% and they have continuous losing months. They lost 13 trades in a row at the beginning of the year. 13!! Each loss 50-150 pips, no joke; they had 1200+ pip drawdown, which they have STILL not recovered, in fact they have only lost MORE. They then upsell you on their Seasonal Advisor for around 1.5k, which does nothing. If they take a trade, you should take the opposite. The worst signal service Ive ever seen. All the good reviews are paid for, they tell you to leave a good review and they will enter you for a giveaway etc. and they only ask for reviews after they win a trade lol. I wish I never joined them but you live and learn. They try to do weekly calls teaching trading, how can they teach when they dont even make money. Just bullpoo stuff and a total scam. Their customer service is just as bad.
 
Thomas.c,
Germany, Germany,
Jun 20, 2020,
Guest

Best Allround trading Service

Service use: Live

Length of use: 6-12 Months

The Service is Not your avrge signal Service.
Its more like a mentorship with weekly webinars and a Support for Personal questions.

It is the best for beginners besides making money from the signals you can learn and build a solid base of knowledge (right knowledge)

From Time to Time they also give away FTMO accounts money or free memberships.

All those other Review that say the signals crashed there Account just have no idea about risk managment!
Ofcurse there where losing weeks but the profits where always consistant and bigger longterm.

Same for those that say the Support team never replayed. In fact its the fastest Support i ever expiriences.
Andrew is the man.
Sometimes you get your Answer or Problem solved within minutes.

I Personaly can reccomend it, i dont think there is a better value for 19$ a moth
 
London, United Kingdom,
Apr 27, 2020,
Registered user

SCAM ALERT: No option to unsubscribe

Service use: Other

Length of use: 0-3 Months

The worst signal provider.I tried the free trail, then after the trail expired I tried to cancel the subscription but there was no option to unsubscribe.I contacted Andrew via and he has not replied.So far two payments have been taken from account yet my subscription was never active after the trial expired. Be WARNED their subscription is trap!!
  1 trader has found this review helpful
James,
Dundee, United Kingdom,
Feb 28, 2020,
Guest

Not really Elite

Service use: Live

Length of use: 0-3 Months

I joined in November and since then not a single month positive.
December and January were just on BE, but February was catastrophic...

I joined for the year plan but i’m starting to regret it since they have admitted of paying someone else to provide them signal.
They keep trusting and using their Seasonal Advisor also in this period of instable market.

The weekly calls are good, but the support is often too slow at answering and they try to convince you that they are always right.

They only promote good result through Instagram using their page (Thetradingmemes), this is why they are not posting good result since months.
  1 trader has found this review helpful
Leicester, United Kingdom,
Feb 21, 2020,
Registered user

Outsourced their trades why ?

Service use: Live

Length of use: 3-6 Months

So since Jan 2020 they have been paying another service to do their signals for them.

Consistently losing money and became so bad that they have had to take it back in house now.

No clarity and trust has gone.

Now it seems like they are trying to hide this from Trustpilot by reporting reviews.
  1 trader has found this review helpful
Jakarta, Indonesia,
Feb 20, 2020,
Registered user

Joined for 6 months. Disappointed.

Service use: Live

Length of use: 3-6 Months

I joined them for around half a year, yes they do have trade history on their apps but I'm just gonna give a review according to what I experienced. for the last 4 months there were already 2 negative months where we closed the month with drawdown. I know in trading sometimes we have a losing strikes and sometimes we have a really profitable week and that's also what happened with elitetraders and I don't have a problem with it because I trusted them and I know eventually we'll be in profits.

However, I am very disappointed with them lately. So since 2020 we have been having a really bad trades, most of the signals hits SL and they even trade against the trend. and then it turned out Elitetrader is paying someone else to give signals to their clients so they can automate the whole things. That's really messed up in so many level. How could you risk other people's money for your experiment?
  1 trader has found this review helpful
Tjard,
Warsaw, Poland,
Jan 7, 2020,
Guest

100% satisfied

Service use: Live

Length of use: 6-12 Months

So there are 3 things to talk about, their support, the signals and the education.
First of all the support, you can contact them via telegram and usually get a reply within a few minutes and I never got disappointed doesn’t matter about which concerns.
The signals are really good the results are overall positive and very solid. They are 100% transparent with their results even if they aren’t that great for one month.
Lastly the education, there are seminars every week and in the app you get the basic educational content you need to start trading.

So I’m really happy with elitetraders!
 
Venpaul,
Enugy, Nigeria,
Dec 18, 2019,
Guest

Good service

Service use: Live

Length of use: 0-3 Months

Good and easy access. Payment with 90% trade accurate . always on the wining end ..I like what I got
 
Texas, USA,
Dec 18, 2019,
Registered user

Not worth it

Service use: Live

Length of use: 0-3 Months

entries are way too aggressive, if you don't take every signal your ratio of losses and wins will not be the same as theirs so you won't see the same results as them. they only talk about keeping focus on the next 100 trades rather than the next 10 because the next 10 are the signals of this month and they want you to continue to be apart of the membership and continue to subscribe but i have not made my money back from my monthly subscription of 40 bucks and i think it's pretty weak to not even make 40 bucks in profit in a few weeks. That's the only reason I joined, i said if I don't make my monthly subscription back within the month I won't rejoin so that's what I'm doing.
  3 traders have found this review helpful

Frequently Asked Questions

What is Elite Traders Club?

Elite Traders Club is a forex signals provider that offers daily or weekly forex signals via EliteApp or Telegram.

How much do the signals offered by Elite Traders Club cost?

EliteTradersClub offers the signals via a subscription plan for $19 per month.

What payment method does Elite Traders Club accept?

Elite Traders Club accepts credit cards as their payment method.