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Score

1.44 /10
Danger

Grvfx

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

https://grvfx.com

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Score

Regulatory Index0.00

Business Index6.47

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 3
Previous Detection : 2025-01-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0541395) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

Grvfx · Company summary

Note: Grvfx's official website: https://grvfx.com/ is currently inaccessible normally.

GrvfxReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNFA (Unauthorized)
ServicesForex Trading, Cross-Border Trade Exchange, Global Payment and Settlement, Forex Hedging and Suggestions
Demo Account✔
LeverageUp to 1:30 (retail)/1:500 (professional)
SpreadUnder 1 pip
Trading PlatformMT4/MT5
Min Deposit/
Customer SupportService time: 8:00 am - 5:00 pm London time, Monday - Friday
Email: grvfxglobal@gmail.com
Address: UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON UNITED KINGDOM E8 1LL

Grvfx Information

Grvfx is an unregulated broker, offering services in Forex Trading, Cross-Border Trade Exchange, Global Payment and Settlement, and Forex Hedging and Suggestions. The leverage is up to 1:500 and spread is under 1 pip. Trading platforms available is the leading MT4 and MT5.

Pros and Cons

Pros Cons
Demo accountsUnauthorized NFA license
Tight spreadsInaccessible website
MT4/MT5 platformLimited trading asset classes

Is Grvfx Legit?

No. Grvfx has no valid regulations currently. The NFA license is unauthorized.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
USA
National Futures Association (NFA)UnauthorizedGrvfx Global LimitedCommon Financial Service License541395
Unauthorized NFA license

Services

ServicesSupported
Forex Trading✔
Cross-Border Trade Exchange✔
Global Payment and Settlement✔
Forex Hedging and Suggestions✔

Leverage

The maximum leverage is up to 1:30 for retail clients, while up to 1:500 for professional clients.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Grvfx Spread

Grvfx offers access to low spreads under 1 pip for FX majors.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5✔/Experienced traders
Trading Platform

Deposit and Withdrawal

The broker accepts payments via cryptos. No minimum deposit or withdrawal amount defined and no fees or charges specified.

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慕嫆★偢渁
more than one year
Grvfx does not provide MT4 or MT5 trading platforms, nor does it specify detailed spread information for specific instruments. These are very important to me!
Grvfx does not provide MT4 or MT5 trading platforms, nor does it specify detailed spread information for specific instruments. These are very important to me!
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2022-12-08 10:09
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