Trade with them for 5 months, had a payout delay which got me pretty scared but the support help me track it and i finally received. Second withdrawal was much faster. Deposits are fast, charts don't... See more
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Elev8 is a licensed global broker serving 18 million traders in more than 100 countries. With Elev8, traders have access to 300+ tradable instruments and 3 trading platforms—Elev8Trader, MetaTrader 4, and MetaTrader 5.
Elev8 integrates the entire trading experience into an all-in-one ecosystem that offers trading insights, powerful analytical and educational tools, integrated AI solutions, and responsive customer support.
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Write to us: support@elev8.com.
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Chronology of Fund Confiscation by Elev8 MarketsMy name is Yandri Nanda Putra. I am a trader from Indonesia. Recently, Elev8 Markets blocked my trading account without any transparent reason or warning.When I requested a refund for my remaining balance/initial deposit via email, the KYC team (an agent named Robert) replied that my account is permanently locked and stated: "the remaining funds are no longer available because they have been deducted."This is a clear act of broker scam and illegal fund confiscation. They stole my hard-earned money without proving any wrongdoing. I demand Elev8 Markets to return my initial deposit immediately. I will attach all screenshots of the email response from Robert KYC and my deposit proof as evidence here.Fellow traders, please beware of Elev8 Markets. They will take your money and lock your account permanently when you try to withdraw!
Reply from Elev8
Very disappointing I recently made some profit after being with this broker for several year since Octa. It was just 8k USD. Upon requesting my withdrawal the following day they ask for bank statement which I complied and gave all necessary statement, receipts and transaction, up until now my account is still under verification and withdrawal become disabled. Chat agent will ghost you and end chat after going back and forth for too long, they do not provide you the exact answer just constantly tell you rest assured but the reality is that they are finding reason to not pay you your profit. They also stopped replying to my email after I tried to follow up with updated and eventually they closed the conversation in the email. So now I can’t reach to anyone regarding my fund and the live support in app replies with pre-set messages that they copy and paste to you with no exact answer or context. My hard earn money is now stuck there and idk when I am getting it back, some take months still can’t take it back don’t get why it takes more than days to verify a simple 3 days worth of transaction. This verification should’ve been done before we even allow to put any money into the trading account, not ask to provide extra doc when we are withdrawing our profit. Clearly something is up and I am sure I will never get my money back this time. Truly disappointing they will tell you this is a periodically routine verification which is bs cause this is the first time in 7 years with Octa and now so called Elev8 I’ve never face such issue where I have to provide extra document consider that I’ve been using the same bank and the same deposit method. My over all PnL was in the negative for the last 7 years up until recently I finally broke even and they decide not to pay me. Wasting time keep asking for extra document, ghosting email and text. Disappointing I trusted them. More than happy to change this review once I finally get my fund.
Reply from Elev8
Fast withdrawal fast response from cust services. Competitive leverage and spread. I would easily reccomend to my colleagues
Reply from Elev8
They are not helpful in providing me exact information why my withdrawal was delayed. Keep saying checking and checking and checking with mo specific answer. Poor me for this experience.
Reply from Elev8
I have been a client of Elev8 since the time when the operations were under Octa, and I have always had strong confidence in this company. I even recommended Elev8 to many people in my community in Sri Lanka because of the trust I had built over the years.
Recently, my account was blocked under Clause 3.10 of the Customer Agreement without providing a clear reason. I respect the company’s right to make decisions according to their agreement, but I believe every client deserves fair treatment, especially when it comes to returning their own funds.
My account has a remaining balance of **USD 696**, and I am simply requesting the withdrawal of my own money. Since Elev8 has blocked my account access, I cannot even submit a normal withdrawal request.
I sincerely hope Elev8 will resolve this matter fairly and release my funds. I am ready to complete any necessary verification process. I am only asking for my hard-earned money to be returned.
If I do not receive a fair solution, I will have to escalate this matter to the **Mauritius Financial Services Commission (FSC)** and share my experience through relevant public channels. I also have a large trading community in Sri Lanka, and unfortunately, I will no longer be able to recommend Elev8 to new clients until this matter is resolved.
This situation is very disappointing because I trusted this company and encouraged others to use the platform. I always told people that Elev8 was a reliable broker, and I believed that clients could trade without fear.
I understand that offshore brokers may sometimes need to take action regarding certain accounts, especially with profitable traders, but regardless of the reason, clients’ legitimate funds should be handled fairly and transparently.
I hope Elev8 will reconsider my case and allow me to withdraw my remaining balance to my previously used withdrawal method. I am not asking for anything extra — only the return of my own funds.
MT5 ID: 44817272
Reply from Elev8
As someone who approaches investing methodically, I want to document my experience with Elev8. I conducted proper due diligence on their leaderboard before selecting copytrading providers and did not engage in any manual trading myself.
The selected strategies performed successfully and generated a genuine profit.
Elev8 then unilaterally terminated both my account and the profits earned through its copytrading platform.
I am formally requesting the return of my profit and would caution prospective clients to carefully consider this risk before committing their capital.
Reply from Elev8
This my frist time to use elev 8 for my partner ,i'll have the good experience
Reply from Elev8
I have been trying to withdraw funds from my account, but my withdrawal requests continue to be declined.
Each time I follow the instructions provided, a new reason is given for rejecting the request. This has made it appear that excuses are being made to prevent or delay the withdrawal process.
I tried again, but they declined again. Support team isn't replying
Reply from Elev8
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