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No Regulation
Score
1.48 /10
Danger
Gr-Forex
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.75
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note:Gr-Forex's official website:https://gr-forex.com/grv1 is currently inaccessible normally.
| Aspect | Information |
| Company Name | Gr-Forex |
| Registered Country/Area | India |
| Founded Year | 2019 |
| Regulation | Unregulated |
Gr-Forex Information
Founded in 2019 and with headquarters in India, Gr-Forex is an unlicensed broker. Lack of regulatory control puts investors in danger since no outside body guarantees the company's adherence to financial guidelines or client interests protection.
Is Gr-Forex Legit or a Scam？
Unregulated Gr-Forex means that traders run great risks since it lacks outside control to guarantee compliance with financial criteria and safeguard investors.
Downsides of Gr-Forex
The broker runs without any regulatory control, so exposing major hazards to investors from the lack of preventive actions and compliance rules.
The company's operations have been under observation as suspicious, which can point to possible unethical or dishonest behaviour.
The broker does not offer a specific trading platform, so restricting the tools and resources at disposal to traders.
Conclusion
The unregulated Indian broker, Gr-Forex presents great dangers to traders since of its dubious business scope and lack of trading platform. Choosing controlled brokers with open policies is safer.
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