Elite Signals Review: Should You Join?

After more than seven years of consistently navigating the ups and downs of the financial markets, I’ve seen countless trading tools, signal services, and communities come and go-some promising the world, most delivering far less. As someone who relies on data-driven analysis and proven strategies to generate steady returns, I approach every new trading platform with a healthy dose of skepticism and curiosity.

Recently, Elite Signals by Elie Abou Faissal has been making waves in the trading community, boasting a rapidly growing user base and bold claims about its proprietary indicators and automated trading solutions.

In this review, I’ll share my honest, hands-on perspective on Elite Signals-examining its features, strengths, and potential pitfalls-to help fellow traders determine whether it truly stands out in a crowded marketplace or is just another overhyped service.

What is Elite Signals?

After years in the markets, I’m always on the lookout for tools that can genuinely streamline decision-making and boost my edge. Elite Signals positions itself as a comprehensive trading solution-combining proprietary indicators, real-time signals, and a vibrant community to help traders identify profitable opportunities across stocks, forex, crypto, options, futures, and gold. The platform’s core product is the EliteAlgo suite for TradingView, which overlays buy and sell signals, trend analysis, support/resistance levels, and institutional activity directly onto your charts. What’s particularly useful is that these signals are accompanied by suggested take profit and stop loss levels, making risk management more straightforward-even for those still learning the ropes.

Elite Signals isn’t just about automated alerts; it’s also an educational hub. Membership unlocks access to courses, strategy videos, and weekly live sessions, all designed to teach you how to interpret signals, apply technical analysis, and develop your own trading strategies. The Discord community is especially active, with over 45,000 traders and more than 30 professional analysts sharing real-time insights, answering questions, and providing mentorship. Whether you’re scalping, swing trading, or taking a longer-term approach, the platform’s resources are structured to help you understand not just what to trade, but why-a crucial distinction for anyone serious about building sustainable profits.

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Who Created Elite Signals?

Elite Signals was founded in 2019 by Elie Abou Faissal, a trader and entrepreneur based in Ottawa, Canada, alongside his business partner Joseph Zaylah. Elie’s background is in forex and stock trading, and he’s positioned himself as both a mentor and innovator in the trading education space. He’s credited with developing the EliteAlgo algorithm, which is the backbone of the platform’s signal generation and technical analysis tools.

Elie’s reputation in the trading community is mixed. On one hand, he’s recognized for building one of the largest trading communities globally, with tens of thousands of members and reported combined profits exceeding $5 million since inception. His approach emphasizes education, mentorship, and a belief that there’s no one-size-fits-all formula for trading success. On the other hand, some users have expressed dissatisfaction with the effectiveness of the signals, the lack of a refund policy, and the occasional lack of a personal touch in such a large community. There are also negative reviews and scam accusations, which, in my experience, are not uncommon for high-profile trading services-especially those that grow rapidly and attract a diverse user base. As always, due diligence is essential, and no tool or mentor can guarantee profits in the markets.

Who is Elite Signals For?

In my view, Elite Signals is best suited for:

• New traders who want structured guidance, access to educational content, and the support of a large, active community. The platform’s beginner-friendly setup, step-by-step tutorials, and real-time signals can help shorten the learning curve.
• Intermediate and experienced traders looking to supplement their own analysis with additional confirmation tools, or those who want to automate parts of their trading process. The customizable indicators and overlays can add real value when used alongside a solid trading plan.
• Full-time traders who appreciate having a steady stream of market alerts, access to professional analysts, and the ability to network with other serious traders.

On the flip side, Elite Signals probably isn’t for you if:

• You’re expecting instant results or guaranteed profits. Trading remains a high-risk endeavor, and even the best tools require discipline and patience.
• You’re not willing to invest in your own education or do your own due diligence. Relying solely on signals without understanding the underlying logic is a recipe for disappointment.
• You’re uncomfortable with recurring fees or the lack of a refund policy. While the platform offers value, it comes at a cost, and the absence of refunds is something to consider before committing.

Ultimately, Elite Signals offers a robust toolkit and community, but like any trading resource, its effectiveness depends on how you use it and your willingness to keep learning and adapting.

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How is Elite Signals Structured?

One thing I appreciate about Elite Signals is its clear, modular structure, which makes it easy to find exactly what you need-whether you’re a total beginner or an experienced trader looking to refine your edge. Here’s how the content and resources are organized:

• Trading Courses:
  • Stock Course
  • Forex Course (includes lessons on currency pairs, terminology, brokers, and trading strategies)
  • Options, Crypto, and Futures Modules
  • EliteAlgo Trading Course (step-by-step guide to using their proprietary indicator)
  • Free Trading Course (covers candlestick patterns, chart patterns, technical analysis, and trade confirmations)
• Proprietary Tools:
  • EliteAlgo & Elite Oscillator (custom indicators for TradingView)
  • Elite Price Action Indicator
  • Elite X Auto Trader (for automated trading)
• Signals & Alerts:
  • Real-time trade signals for stocks, forex, options, crypto, and futures
  • Suggested take profit and stop loss levels
• Community Access:
  • VIP Discord group with 49,000+ members and 30+ analysts for live support and mentorship
• Coaching:
  • 1-on-1 coaching sessions (various packages available)
• Lifetime Updates:
  • All plans include ongoing updates to indicators and educational content

This all-in-one approach means you can learn, test, and execute trades within a single ecosystem, which I’ve found especially helpful for staying focused and minimizing distractions.

Are Elite Signals Students Getting Results?

As someone who values real-world outcomes over marketing hype, I always look for genuine user feedback before trusting a platform. Elite Signals has a fairly active community, and there’s no shortage of testimonials from traders sharing their experiences.

Here are a few examples that stood out to me:

“All in one and amazing tool. I was watching Elite Algo videos on YouTube and Instagram for about 3 months. I started today by purchasing a 3-month account. I’m completely zero on trading markets. Today’s results were amazing for me-4 trades, 4 wins! Thanks Elite Signals community for their hardworking and honesty.”

“Five days in and I’m already seeing profit! I’ve been trading since 2019 but in and out of groups as they were more focused on recruiting instead of helping the traders. Elite Algo focuses on indicators to help read the charts for better analyzing. I’ve never seen this much blue un-assisted in my MT4.”

“EliteAlgo is a good machine learning algorithm that shows the best buys and the best sells. I made profit in the last 2 weeks. Also, EliteAlgo gives us access to 32 analytics over all markets. They also have signals from 20 different analysts so you can trade stocks, forex, indices, futures, and XAUUSD!”

On Trustpilot, Elite Signals holds a 4.4 rating, with many users praising the educational value and community support. However, there are also some negative reviews mentioning delays in signal updates and difficulties with subscription cancellations. In my experience, most members report modest, realistic results rather than overnight success stories-which aligns with what I’d expect from any legitimate trading education platform.

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How Much Does Elite Signals Cost?

Elite Signals offers several pricing options, depending on your commitment level and the features you want access to. Here’s a breakdown of the main plans:

• Monthly Membership: $67.95 per month
• Quarterly Membership: $149.95 every 3 months
• Yearly Membership: $489.95 per year
• Lifetime Access: Ranges from $795 to $1,999 depending on the package (some include extra coaching or onboarding)
• Elite X Auto Trader: $2,999.95 one-time or $599 per month
• Coaching Packages:
  • 1 Session: $149.95
  • 5 Sessions: $599.95
  • 10 Sessions: $999.95

One important thing to note: Elite Signals does not offer refunds. This is clearly stated in their terms, and several users have mentioned difficulty canceling subscriptions or getting money back if they weren’t satisfied. As always, I recommend starting with a shorter-term plan if you’re on the fence, and only upgrading once you’re confident the service fits your needs.

Overall, while the pricing is on the higher side compared to some competitors, you do get access to a comprehensive suite of tools, education, and community support. Just be sure you’re comfortable with the no-refund policy before making a commitment.

Praises For Elite Signals

Over the years, I’ve seen plenty of trading platforms come and go, but there are a few areas where Elite Signals genuinely stands out and earns positive feedback from both myself and many users:

• All-in-One Trading Solution
  Elite Signals offers a comprehensive toolkit that includes proprietary indicators (like Elite Algo and Elite Oscillator), real-time signals, educational courses, and a large, active community. This all-in-one approach means traders don’t have to juggle multiple services or tools to get started or to enhance their trading workflow.

• User-Friendly and Accessible
  The platform is designed to be approachable for both beginners and experienced traders. The indicators are easy to integrate with TradingView, and the signals come with suggested entry, take profit, and stop loss levels, making it easier to manage trades even if you’re not an expert yet.

• Active Community and Support
  With over 49,000 members and more than 30 analysts on their Discord channel, there’s always someone to answer questions or provide mentorship. Many users highlight the fast response times and the helpfulness of the community, which can be a game-changer for those learning the ropes or looking for camaraderie in what can often be a solitary pursuit.

• Continuous Learning and Updates
  Elite Signals doesn’t just hand you signals and send you on your way. They offer regular updates to their indicators and educational resources, including live sessions, strategy videos, and 1-on-1 coaching. This ongoing support helps traders stay up-to-date with market trends and continually improve their skills.

• Automation and Advanced Analytics
  For those who want to take a more hands-off approach or simply enhance their technical analysis, the automation features and advanced overlays (like trend clouds, order blocks, and reversal bands) provide actionable insights and can help traders spot opportunities they might otherwise miss.

• Positive Testimonials
  Many users have shared stories of early wins and improved trading confidence after joining. For example, one new trader reported four consecutive wins on their first day, while others have praised the platform for helping them avoid common mistakes and finally see consistent profits after struggling elsewhere.

Recommendation: Here’s The Best Alternative

Criticisms For Elite Signals

That said, no platform is perfect, and Elite Signals certainly has its share of drawbacks and criticisms that I believe every trader should weigh carefully:

• Questionable Win Rate Claims
  Elite Signals advertises an 80–85% win rate for its proprietary indicators. As an analyst, I know these numbers are highly unrealistic in real-world trading, where even the best professionals rarely exceed a 50% win rate. Such claims can create false expectations and set up new traders for disappointment.

• Mixed Results and Signal Delays
  While some users report solid results, others have experienced delays in signal delivery, missed opportunities, or outright losses. The effectiveness of the signals appears inconsistent, and some traders-especially scalpers-find the lag in alerts particularly problematic.

• No Refund Policy
  One of the biggest red flags for me is the strict no-refund policy. If the service doesn’t meet your expectations or you simply change your mind, you’re out of luck. Several users have also reported difficulties with canceling subscriptions, which adds to the frustration.

• High Cost Relative to Value
  The pricing is on the higher end, especially for lifetime access or the automated trading bot. Considering the mixed reviews and lack of guaranteed results, the cost may not be justifiable for everyone-especially those just starting out or operating on a tight budget.

• Community Risks and Scams
  The open Discord channel, while vibrant, is susceptible to scammers impersonating admins and soliciting money for fake updates. This lack of tight moderation can put inexperienced users at risk of being taken advantage of.

• Steep Learning Curve and Market Risk
  Despite the user-friendly interface, successful trading still requires a deep understanding of market dynamics and risk management. Beginners are especially vulnerable to losses if they rely solely on signals without building their own trading knowledge.

• Affiliate-Driven Positive Reviews
  Some of the glowing reviews online come from affiliates who earn commissions for referrals, which can skew the perception of the platform’s effectiveness. It’s important to take overly positive testimonials with a grain of salt and look for balanced, independent feedback.

Should You Join Elite Signals?

After thoroughly testing Elite Signals and reviewing feedback from the community, I can say there’s real value here-especially if you’re looking for a comprehensive toolkit, a vibrant trading community, and ongoing educational resources. The platform’s customizable indicators, real-time signals, and access to experienced analysts can give you a leg up in understanding market movements and refining your trading approach. I appreciate that the tools are regularly updated and that there’s a strong emphasis on both learning and hands-on trading.

However, it’s crucial to set realistic expectations. Trading is inherently risky, and even with the best indicators, there are no guarantees of consistent profits. While some users report making good returns, others have experienced delays with signals or found the learning curve steeper than anticipated. The lack of a refund policy and the relatively high cost-especially for lifetime access-mean you should only invest if you’re committed to putting in the time to learn and practice. I also urge caution if you’re a complete beginner; the platform can help accelerate your learning, but you’ll need discipline and patience to see real results.

Recommendation: Here’s The Best Alternative

Elite Signals Alternative to Make Passive Income

Having spent years in the financial markets, I know firsthand that trading-no matter how sophisticated your tools-always involves significant risk. If you’re looking for a more stable, scalable way to build passive income online, I genuinely believe that building an online business is a better long-term strategy than relying solely on trading signals.

My top recommendation for those seeking a proven, lower-risk path is Wealthy Affiliate. This platform stands out for its step-by-step training that teaches you how to create and grow your own online business, whether that’s through blogging, affiliate marketing, or e-commerce. Unlike trading, where your capital is always at risk, building an online business through Wealthy Affiliate lets you leverage your skills and content to create recurring income streams over time.

What I love about Wealthy Affiliate is the supportive community, 24/7 mentorship, and the fact that you can start with a free membership-no credit card required. The platform provides all the tools, training, and support you need, regardless of your experience level. You’ll learn everything from choosing a niche to building a website, driving traffic, and monetizing your content. The pay-it-forward culture means you’re never alone, and the real-world skills you develop can serve you for years to come.

If you’re serious about building lasting, passive income and want to avoid the stress and unpredictability of trading, Wealthy Affiliate is, in my experience, the best place to start. It’s not a get-rich-quick scheme, but with consistent effort, it can truly transform your financial future.

Recommendation: Here’s The Best Alternative