Eliom FX customer reviews

Updated: February 10, 2026
Eliom FX
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Summary
Reviewers overwhelmingly accuse broker Eliomfx of fraud and poor security, reporting widespread hacks and massive, rapid losses. Many say accounts tied to the Raidem trading bot/PAMM were emptied within minutes in late August 2023 after alleged changes to master passwords and removal of stop-loss protections; commenters mention suspicious large trades on exotic pairs and trades coming from unfamiliar IPs. Reported losses vary from hundreds to tens of thousands of dollars per person, with multiple claims that collective losses reached hundreds of millions USD. Users complain Eliomfx refused to properly investigate, blamed clients and “risky trading,” locked accounts, and provided little or no compensation. Several reviewers suspect an inside job or deliberate theft and report ongoing or planned legal action; at least one user says they eventually recovered £53k after escalating the case. The common advice is to avoid depositing any funds, withdraw immediately if possible, and treat the broker as untrustworthy.
Tradesrefunds com
14.01.2024 | 03:44

Fake ,scam and ponzi. I was locked of my account for weeks .l had to find an alternative by reporting to the team/ website written on my profile name and later got my refund of £53k

Luka Esposito
04.10.2023 | 15:39

The most annoying part of this is that Eliomfx doesn’t want to be accountable for the misappropriation of funds, of we investors. I have filed a legal suit against them and now on the verge of getting back what was owed to me.

TheGoodMan
21.09.2023 | 09:06

Still no update on anybody's stolen money. SCAM

Client
03.09.2023 | 16:23

So they stole 200M usd from all investors of the Raidem Pamm. A “hacker” was able to change the master password of 6 Pamm linked to Raidem and make 200M worth of trades in 10 minutes. The IP that was used to send all the trades was not the same as the normal one used for the Raidem trades. Eliomfx even confirmed it was not trades coming from Raidem them self. for now they are investigating but this has to be an inside job to be able to access all those passwords and execute 200M worth of trades at a time where to bot is always offline and weird exotics pairs that the bot never trades on. I’ll update this if is new information but this wil end up in a judiciary process

Paul
28.08.2023 | 10:29

Avoid this broker! They just stole 200 million from their customers! It's a big scam! For those who are there, withdraw your money as soon as possible!

Marcos
28.08.2023 | 08:19

Scammers! They have removed stop loss and took +200Mio from all Raidem investors. Do not put a penny there!

AS
27.08.2023 | 20:53

They can lose all your capital and not take a single responsibility. I lost 50K in their Raidem PAMM that got hacked (or not.. who knows) in exactly 10 mins because of a password hack of their own interface. They removed the stop loss of 10% a few days before the so called accident which makes it even more suspicous as if it was planned. DO NOT PUT A PENNY IN THIS BROKER.. They are either huge amateurs or the best scammers. CHECK Raidem bot you will see.. A legal action is on the way

David
26.08.2023 | 19:16

It was hacked

Barry Luton
26.08.2023 | 03:34

This scam broker are blaming "risky trading conditions" for stealing over $100M from their clients. You can't steal that amount of money and expect to walk away with no consequences. You will be held to account.

JEROME DANCETTE
25.08.2023 | 21:42

All m’y money disaper on this scam , eliom fx as some thiefs !

Omar Msakni
25.08.2023 | 15:25

Big scam, I lost 600$ in one day because of “security problems” but we all know that this unknown and not certified broker were a part of this big scam.

Merlin
24.08.2023 | 16:45

I've invested in the Raidem trading bot on Eliomfx. A crash/hack happened on the robot's Pamm solution by end of august 2023. 100 of millions of USD are lost with peculiar circumstances (change of a master password, removal of a stop loss, etc.) . Eliom did not bother investigating the reasons for this crash and have gidden behind their termes of use : "investing is risky" Important note: 4 trading robots were available on Eliom fx, at the time of writing, 3 of these have crashed within less than a year.

Phil
24.08.2023 | 12:11

Their lack of security got their customers money lost within 24h after removing the stop loss

Matthias Pohl
24.08.2023 | 11:02

100% of my account was stolen by them. I used raidem bot who was working well.and in on night, everything was gone. The official reason was the trading of a exotic currency with no SL. Raidem bot allow maximum 5% drawdown and there never trade exotic fx out of opening hour . This is clearly a theft by the broker.

Esteban Martinez
24.08.2023 | 09:26

Stay away from them. They got hacked, all accounts were emptied and instead of trying to fix the problem, they blames their clients for doing risky investments.

Jeff
24.08.2023 | 00:14

WARNING ! They are thieves ! They are responsible for the loss of several million dollars of their customers !

SantGrind
23.08.2023 | 23:52

Scam broker remove your funds as fast as possible

Yannick Nève
23.08.2023 | 23:45

They scammed millions on 22/08/2023. Never deposit one single penny on this "broker"

Mehdi Arkibi
23.08.2023 | 22:54

Im so upset that i cant put 0 stars, the security of the broker is very bad strategy and account got hacked easy do not use this broker please.

Raph Alain
23.08.2023 | 22:54

Real fraud!! Run !!!!

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