Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500AvaTrade 8.51:400FBS 8.31:3,000LiteFinance 8.31:1,000Moneta Markets 8.11:1,000Octa (OctaFX) 8.11:1,000Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500AvaTrade 8.51:400FBS 8.31:3,000LiteFinance 8.31:1,000Moneta Markets 8.11:1,000Octa (OctaFX) 8.11:1,000
Home / Rankings / Elefin
NO LICENCE FOUND#67 of 67 international brokers

Elefin review: the verdict.

Verdict score
5.0 / 10

Payout 35%, leverage 25%, safety 25%, service 15%. Verified withdrawal receipts from our traders replace outside ratings in the payout score as they come in.

Payout · 35%4.8
Trustpilot 3.1 from 32 · 1 withdrawal methods · fees not published
Leverage · 25%10.0
Up to 1:2000
Safety · 25%0.0
No licence found · score capped at 5
Service · 15%5.3
3 platforms · min $50
Elefin vs top-rated peersVERDICT / 10
Payout 35 · Leverage 25 · Safety 25 · Service 15Formula →
Regulation

Who licenses Elefin.

Licences as Elefin lists them. A tick means we found the entity on the regulator's own register.

No licence foundWe couldn't find a licence for Elefin. Its score is capped at 5.0.
Accounts

Account types.

AccountSpreadCommissionCost / lot
Standard
from
1 pip$0$10.00
PRO
from
0.3 pip$0$3.00

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website
www.elefin.com
Max leverage (global)
1:2000
Deposits & withdrawals
UPI
Founded
2026
Headquarters
Saint Lucia
Minimum deposit
$50
EU/UK leverage cap
—
Platforms
MetaTrader 5, Elefin WebTrader, TradingView
Islamic (swap-free) account
Not published
Copy trading
Not published
Withdrawal fees
Not published
Withdrawal time
Broker states 90% of withdrawals are automated; no processing times published
Inactivity fee
Not published
Restricted countries
Not offered to residents of the United States, Cuba, North Korea, Sudan, Syria, Iran, Myanmar, UAE and other restricted jurisdictions.
Verified reviews

Traded with Elefin? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 3.1 from 32 reviews.

Compare Elefin
Visit Elefin
Sources · data as of 2026-10-27

Research notes: Submitted via the Add a broker form on 27 Oct 2026. No financial regulator or licence number disclosed on the website; company registered in Saint Lucia (2026). Data from the broker's own website.

Spotted something wrong? Brokers and traders can request a correction through our submissions form; we check every change against the source.