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EL

ELP Markets Review: Is It Legit and Regulated?

Ellipsys Financial Markets

MU Operating period unverified
AKA Ellipsys AKA Ellipsys Financial Markets

FindMyFX score

high risk

4.3/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
elpmarkets.com
Address
CentrePoint, Lot 02, Floor 1, Trianon, Mauritius 11324
Contact
CentrePoint, Lot 02, Floor 1, Trianon, Mauritius 11324
Primary license
FSC Mauritius · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is ELP Markets legit and regulated?

FindMyFX has license records for ELP Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

ELP Markets is the trading brand of Ellipsys Financial Markets, a Mauritius company offering currencies, CFDs, futures, indices and commodities through Zen-branded platforms. The broker publishes a maximum leverage figure of 1:100 and a USD 500 minimum opening deposit.

Professional broker overview

FindMyFX editorial summary

Ellipsys Financial Markets identifies itself as a Mauritius investment dealer under FSC licence C111010125 and company number 107134. Its official materials list Zen Trader based on MetaTrader 5, Zen Pro based on Vertex FX, a demo option, USD account funding and leverage up to 1:100. The direct FSC register entry was not independently resolved during this research, so the licence remains partially verified pending staff review.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The licence number and status are sourced from the broker's official pages; FindMyFX staff should independently confirm the current FSC register record and client eligibility.

Operational status
active
Broker type
market_maker
Execution model
The execution terms describe bilateral over-the-counter transactions in which Ellipsys is the counterparty.
Support hours
Not verified

Documented advantages

  • The official site publishes the legal company, company number, licence number and registered address.
  • The broker publishes a demo policy and two trading-platform options.

Documented limitations

  • The official risk warning states that losses can exceed the original deposit.
  • The current FSC register entry was not independently resolved in this research.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Ellipsys Financial Markets

Primary
MU 107134

Trading access

Account types

Available account structures and their current verification state.

1 account

Live account

unverified
Deposit
USD 500.00
Leverage
1:100

Charges vary by account type.

Spread
Not shown
Base currencies
USD
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

CFDs

unverified

Commodities

unverified

Forex

unverified

Futures

unverified

Indices

unverified

Options

unverified

Spot contracts

unverified

Deposit and withdrawal methods

Bank deposit

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

bank wire

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Bank wire or bank deposit

unverified

Deposit: Yes · Withdrawal: Yes

Withdrawals are stated as 1-2 business days after receipt. · Ellipsys states no deposit fee for bank transfers; intermediary bank fees may apply.

Licenses and regulators

FSC Mauritius

C111010125

unverified

Last verified: Not shown

Type: Investment Dealer (Full Service Dealer, excluding underwriting)
Client class: Not shown
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown

Non-trading fee schedule

Deposit Fee

unverified

USD 0.0000

Ellipsys states that it does not charge a bank-transfer deposit fee, although sending or correspondent banks may charge.

Jurisdiction-specific offerings

MU · other

unverified

Entity not linked · Leverage 1:100

Compensation scheme not shown

Score components

Regulation and licenses

5.0/10 · 35%

A licence number and legal entity are published, but the direct FSC register record was not independently resolved.

Security and track record

5.0/10 · 20%

The broker publishes segregated-client-fund and risk-disclosure statements, but no independent track-record review was completed.

Trading conditions

5.0/10 · 15%

Minimum deposit, leverage, platforms, demo and funding information are published officially.

Company transparency

5.0/10 · 10%

Legal name, company number, licence number and registered office are publicly disclosed.

Service quality

2.5/10 · 10%

Official support and operational details are available, but no verified service-quality dataset was found.

Verified user reviews

0.0/10 · 10%

No inspectable, independently verified user-review dataset was identified in the official-source research.

Profile update history

Broker profile was published.

2026-07-23

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.