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Award Winning Education & Trading
Tallinn, Lasnamae linnaosa, Peterburi tee 47, 11415, 10151, Tallinn, Estonia
4.0
17 reviews
No recent history of asking for reviews
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The performance of their automated trading systems has been outstanding. With their cutting-edge technology and expertise, I have witnessed consistent profits so far. Their robots are really doing the promised results as of now. I hope this continues ^_^
I don't have much time to trade actively. That's why I started to search for ways to trade using robots. ECS helped me find the kind of EA that best suits my views and the results are good. Sometimes there are losing trades but overall, my acc grows. Highly recommended company.
ECS provides great tools and Expert Advisors for trading. Obviously, there is a degree of risk invovled when trading online, but I do appreciate Elite Currensea providing transparency on its trading results, which may not always be positive. Overall, Athena EA seems to be working ok for me, and I do get modest returns with the Portfolio management service.
The customer service of elitecurrensea is nonexistent. I have problems with signing up on the site, when i try to press the blue button 'Sign up' it doesnt react, tried multiple times and i just couldnt sign up. Afterwards tried to contact the customer service through their e-mail and i got no reply, checked my mail (yes even spam) after 2 weeks and still nothing. Send them another e-mail as a reminder and i never got a reply. It eventually worked after trying it 2 months later, but the site is just very glitchy and im losing connection to the host constantly. I have no clue as of yet on the performance of elite currensea, but the customer service is big bummer and that is enough to give me this 2 stars.
Reply from Elite CurrenSea
Hi,
It’s Chris, co-founder of Elite CurrenSea.
Me and my team are extremely sorry to hear you experienced some technical issue from our side, as well as the further complication with yet undetected issue regarding your customer support inquiry.
Whereas, the website issue has been fixed once it was detected, we are now looking into the possible causes for the issue with your customer support request.
Once again, sorry to see your negative customer experience is the price for your valuable feedback. We will make sure to incorporate it into our effort to provide smooth customer experience.
In the meantime, if you are still interested to give our a benefit of the doubt, please reach us out via info@elitecurrensea.com (or any official social media channel), and we will make sure to make it up to you.
We typically reply the within a couple of hours within the EU working weekday hours.
Regards
Chris Svorcik, Co-Founder of Elite CurrenSea
For me is a clear and honest 5 * review.
You just cannot get pips over just few hours over social media/youtube "guru s strategy" or a cheap subscription on someone`s channel.
It takes time, good listening, research and practice to keep up the pace.
This is what I saw in Chris and Nenad approach over the time ... and if I can add I will add practice and patience.
I am a SWAT 2.0 member since 2020. Once you get the vibe of it and you truly invest not just the money into it but the proper space and time, results will come back to you in a very pleasant way.
If you add up the dual weekly updates by Chris on their social media is just more confirmation on it. Is like cherry on the cake.
Reply from Elite CurrenSea
Hello Abdus, this feedback does not really help us at Elite CurrenSea nor the trading community, because it lacks information about why you are unhappy. Please keep in mind that contrary to most educational websites on Forex and trading, we do trade with our own money and we publicly showcase all results via our profile at MyFXbook. We are openly sharing our results there, both in good and bad moments. Our systems are not perfect but we also do our best to improve with each year. For instance, Mislav Nikolic's Ultima EA had a great results in 2019 and start of 2020, but weaker performance since June 2020. That is why we are working on making a portfolio approach that combines 5-10 EAs. The goal will be to reduce the depth of draw-downs, the length of draw-down periods, while at the same offering decent profitability per quarter and year. If you are sceptical, we understand that results matter more than words. Therefore, we invite you to simply monitor our own results via MyFXbook https://www.myfxbook.com/members/EliteCurrenSea over the next months, quarters, and years and let those results determine your opinion. Lastly, please note we are not only doing live trading, but also education, webinars, analysis, and videos to help traders become better traders. We do this with passion and pleasure. I hope that traders will also take this into account when making and reading feedback. Thank you for reading our comment.
Im with these guys from summer 2017, Nenad and Chris. later other joined as Mislav (bull capital) and others. im learning from them, how to trade, using there's systems, and EA's. Happy to found and thinking ill be forever with Elite CurrenSea. All there trading is clear and in real account, every trade is shown and its easy to follow results for new people who still can decide do they want to join or not. traders world knows them and they gets nominated and wins in some categories, so this means something. Green pips to everyone.
They are helpful and have good education material. They offer 2 different approaches to trading based on different trading character. Intraday trading with Nenad for those instinct traders that loves the thrill of price movement, and more steady weekly trading (4H charts mostly) with Chris for more conservative and analytical traders.
Very detailed and logical analysis really helpful for all level of traders. Appreciate there time and effort they put on there analysis. Sounds very honest guys as well.
I have been trading for 4 years and like many traders at the beginning, i have learned from key books and some known trading teachers. I found Chris Svorcik's the CEO of Elite Currensea to have the most comprehensive methodology called SWAT. I have changed my trading strategy since SWAT. I have also decided to use the Elite Currensea 2 Automatic trading systems: ZEUS (about 2 months ago) and ULTIMA (only on the 27 of September. I am very happy with the results of ZEUS and, although it is early days for Ultima to do a proper assessment (not even a month) I am happy with the results.
Chris does also a very clear and quite accurate market forecast on EURUSD and GBPUSD twice a week, using SWAT. I also trade my own account. The Automatic trading systems and my own account have been opened with one of the Elite Currensea partners, Key to Market. I checked them out before, good credentials and i am happy with their support team, account management and their platform.
In my 30 years of using systems Elite CurrenSea are the best! Their ecs.Live Telegram channel is very profitable. I bought their CAMMACD.full course and the course improved my trading 200%. I also get all their systems at no cost. I not only take their signals, but also trade their other systems. Core and LOA, (London Open Advanced). Nenad Kerkez cares. Their research is second to none. Because I’ve used systems all my life I never considered myself a trader, but because of Elite I do now. You want to learn, make money well check them out. I bound out of bed every morning to trade with Nenad. They not only give you signals but also the stop loss and when to take profits. Nenad’s money management system is THE BEST I’ve ever seen.
For me, trading on Forex has been mostly exciting with all ups and downs Forex can offer. But when you trade it using the services of Elite Currensea - it's really fantastic !! Nenad is extremely attentive, patient and kind, always at your service and available. His knowledge of Forex is phenomenal !!! I use ECS Live and I am very satisfied. I would especially like to point out the signals that Nenad sends for each new trade, where he precisely gives an Entry as well as Stop-loss and Take-profit values, with an extremely high percentage of positive trades. Recently, he also uses a system called "Black Widow" which has further improved the already excellent trading results !! Nenad’s dedication to clients deserves all the praise! I would warmly and cordially recommend the cooperation with Nenad and Elite Currensea to everyone !!
While researching about Elite Currensea Ultima EA, I was very excited for this opportunity to invest and there were a lot of good reviews across the net. I have been invested for about 6 months now.
I don't like to leave bad reviews for businesses but I just had to leave a review to warn others.
Please please please be aware of the gains Elite Currensea Ultima is suggesting on their videos, emails, etc. The real results are not anywhere near what they advertise (if not negative, depending in when you invest). Not only that but the results on myfxbook is different what you see in your actual account.
I am sad and disappointed. All in all - save your money and invest in something else.
Reply from Elite CurrenSea
Dear Sharon,
we do our utmost best for all traders and are sad to hear your view. Let us explain why we see it differently.
First of all, we do not *suggest* any results. We show very lengthy and quality back-testing plus we show verified live results (over a year now) on myfxbook that are real, not fake. We do not influence how myfxbook counts the profitability, feel free to complain with them about that. If you are willing to listen to our feedback, then we can even show those results on MT4. We hope that you would be willing to join our webinar where we can prove this.
Secondly, we are always honest and transparent. Traders can only copy our results with the EA if they are profit share members. Renters of the EA can see different results, because of their VPS, if they don't use a VPS, because of their broker, and spread (!). We mention that beforehand.
Thirdly, the system - like all other systems - has an equity curve and draw-downs. If you join after a spike in the curve, then it can take a while before the account moves up again. If you were lucky enough to join before a spike, you could see a big profit very soon.
For instance, Feb 2020 was an amazing month with +200%+. Traders who joined end Jan 2020 were lucky. But beginning June 2020 we saw a large 50% draw-down. Traders who joined end of May were unlucky and joined at the top and therefore could wait for months before seeing a new account high. All of this is openly communicated. In the long-term, however, we do expect results to equal out over time.
Finally, if you started in April 2020 with the profit share module, then you are probably around break-even or slightly in a loss. We understand that waiting 6 months is a decent of time and then it can be frustrating to be in a slight loss.
If you are willing to try it, then we would suggest trying or keep going with our profit share module with less capital and trying it for a full year. We always emphasis the long-term focus and risk capital that you can afford to lose. We care about our members and community. We hope that you would be willing to listen with an open mind to the above comments.
I have purchased the ECS-live membership, with the special 2020 discount offer. It means the signals for the whole 12 months of 2020. I have made such a commitment, because ECS provided a long-time trade record with impressive and stable gains.
I followed the Telegram Live signals, but I could not reproduce the results reported in the track record, even though the signals were very specific, with entry and exit instructions. Partially, I have realized my time possibilities do not allow to follow the signals promptly, and partially the execution conditions after receiving the signal were worse than the ones stated in the performance stats.
Based on this experience, I asked Elite cancel my subscription, with at lease a partial refund. I was rejected with the strict reference to the “Terms and Conditions”. The subscription is useless for me, wasted money.
If indeed Elite systems are profitable, I do not understand why they just did not quit my membership with at least a partial refund. There is no way to find out within the 48 hours refund limit.
My review and advice is clearly – stay out of this !!
Reply from Elite CurrenSea
Hi Jaroslav, we are sorry to hear that you were disappointed. We do understand your opinion but we also do not want to encourage abuse of our services. For instance, traders can join for a year with special price offer to get the service and then cancel after 1 month. If we use your idea, then there are traders that will misuse it. We do appreciate our time and effort put into ecsLIVE and therefore created this policy to protect our own traders that share their trading ideas. We hope that this makes sense to you. Regarding your comment on profitability: that is why we connect all our trading accounts to MyFXbook (https://www.myfxbook.com/members/EliteCurrenSea). We are focused on trading ourselves and add our education as an extra for traders to learn. We apologize for responding so late. As a symbolic gesture and thank you, we want to send your own SWAT ebook for free and a 25% discount voucher for any of our manual trading systems. Please write us on our email info@elitecurrensea.com to claim it. Wishing you all the best in your trading!
I got recommended this and thought i would give it a go, i have lost money in other automated trading companies, thought i would give it one more shot with ultimate EA. from the moment i put my money in, almost every day was a loss. I tried to ignore the daily report and checked it every now again until i saw my deposit was almost halfed! i thought i would cut my losses and jump ship before i lost everything. its a shame as i thought this had potential. thought I would use the remainder of the funds to get a trading course for myself and try to do a better job as all automated companies i try end up failing on me.
Reply from Elite CurrenSea
Dear Shane, the strategy is traded with 5% risk per setup, which is the highest risk approach. This means that the draw-downs can be painful with an account loss of up to 50-55%. On the flip side, the profit potential is much larger. To give you perspective with 1% risk, the draw-down is only 14% (but the profit potential is also a lot less of course.) Unfortunately, you started about half way a draw-down which has taken place since June 2020. We always tell traders that draw-downs can occur. This is high risk. That is why recommend to choose a trading capital that you can afford to risk and lose. Plus we recommend traders to try it for at least 6 months. That way, they can see through all the ups and downs, that trading always has. We always communicate this to traders. Two weeks is way to short to make any judgement on this system because there is only about 1 trade per day on average. This EA is not everyone, we understand that. But if you know beforehand that a draw-down of 50-55% is too much, then it makes no sense to even try the EA. Hope you understand that 6 months is really the minimum to survive ups and downs.
Worthy partner for retail FX & CFD. Never has an issue getting the right help in promoting the brand.
The international culture and fully digitrally distributed nature of ECS' operations, make it easy to integrate into a company structure as a partner. When you start sky is the limit.
I have lost money with this website, be very careful. There is no way you can achieve performance close to what they are claiming.
Reply from Elite CurrenSea
Thank you for the feedback, we’ll try to address every point below.
On the non setups materials in the premium channel:
We understand your concern, although there’s only a handful of updates with no setups. That said, we have a plan of splitting the setups channel from the rest, to ensure there's as little delay and distraction between setups and traders. Plus there is no reason for us not to share more useful non-setups insights (will be available in a separate channel). We do understand your concern though, and are sorry to hear that these circumstances didn't allow you to take the full benefit of our services. Should you still be around to see the change, we hope the change will benefit your waking life habits!
The time zone for East & West Coast USA:
Nenad usually trades when the most price action occurs, namely 7AM - 6PM GMT (3AM - 2PM GMT -4). This does make life a bit harder for West Coast traders, but atm we aim at quality rather than quantity, as the pressure to manage active setups can pile up.
On Refunds:
We do give funds back within 48 hours after the purchase for ecs.LIVE but not after 2 days. The reason is because some people would misuse this loophole and use ecs. LIVE for most of the month and then ask for a refund.
The refund policy is clearly explained on the website. For SWAT and CAMMACD, there are no refunds because it is video content which cannot be taken back as is the case with the physical goods.
This being said we try to address each trader's concern and issue refunds, should the service cannot be used for a significant reason.
The money we earn with helping traders is small compared to our gains with trading and servers to diversify income, and have a fixed revenue to invest in news trading methods that we later share with the community.
If you compare us to other trading educators, there are not many who show live track records with the precion we do. E.g.
CAMMACD (Main Source of ecs.LIVE signals):
https://www.myfxbook.com/members/Tarantula/cammacd-201920-fxdd/3241119
Ultima EA (automated trading):
https://www.myfxbook.com/portfolio/ultimaswat-eurusd-15min/3524413
https://www.myfxbook.com/portfolio/ultimaswat-gbpusd-60min/3524417
https://www.myfxbook.com/portfolio/ultima-swat-ea/3601444
Should you have more feedback, clarifications questions or would want to give our service a second shot, don’t hesitate to reach us out via the website.
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