Score

1.49 /10
Danger

Gr-Forex

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.84

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!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Gr-Forex · Company summary

Note:Gr-Forex's official website:https://gr-forex.com/grv1 is currently inaccessible normally.

AspectInformation
Company NameGr-Forex
Registered Country/AreaIndia
Founded Year2019
RegulationUnregulated

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.

Gr-Forex Information

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.

Is Gr-Forex Legit or a Scam?

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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