Abstract:GENESIS GROUP is said to be a forex broker that were not launched for a long time. Since its website cannot be opened for the moment, we cannot find more essential information on its trading assets available, spreads and commissions, leverage, trading platform applied. However, due to its lack of regulation and unavailability of official website, this forex broker is likely to be an illegal forex broker.
Unavailable Official Website
Since the website of GENESIS GROUP cannot be opened for the moment, we could only piece together some relevant information from some website to get a rough idea of this forex broker. There is a large chance that this broker is an illegal one.
General Information
GENESIS GROUP is said to be a forex broker that were not launched for a long time. Since its website cannot be opened for the moment, we cannot find more essential information on its trading assets available, spreads and commissions, leverage, trading platform applied. However, due to its lack of regulation and unavailability of official website, this forex broker is likely to be an illegal forex broker.
How does scams work?
Since the forex market is a lucrative place where everyone wants to make a fortune here, many fraudsters pop up trading to extract traders‘ all available money. They typically lure newcomers with huge profits that would never make in reality, and after traders make a deposit, they would manipulate victims’ trading, draining up their money, blocking their account and then ran away.
Contact Info
The Genesis Group team can be reached though telephone at +85251093866 and email: geglintl888@aol.com.
VPFX obtains UAE SCA Category Five license, enabling FX and CFDs promotion. Learn about its expansion and broker services at vpfx.net.
In today’s article, WikiFX made a comprehension review about HERO to help you better understand this broker. We will analyze the reliability of this broker from specific information, regulation, exposure, etc. Let’s get into it.
eToro is an intuitive online trading platfrom that features social trading solutions, a unique being in the industry, with great popularity among both novices and seasoned traders. On the eToro platform, traders can trader over greater amount of stocks and ETFs with zero commission charged,anencouraging feature was later adopted by many of its competitors. 55 currencies can be traded, with spreads starting at 1 pip (typically on the euro/usd pair), not that competitive, and a trading fee of 1% trading fee of 1% applies to crypto trading. Opening a trading account is quite easy for investors, and demo accounts (funded with $100,000 virtual money) are also provided to enhance beginners' trading courage. However, a major disencouraging point is that this broker has a more limited platform options, only eToro proprietary trading platform and MetaTrader (MT4) supported.
Founded in 1983, City Index is a long-established online trading platform specializing in CFDs on an extensive range of markets covering Indices, Shares, Forex, Gold & Silver, Commodities , spread betting (for UK clients only) , future trading. City Index features comparably low forex trading fees, simple and quick account opening process, ideal for retail investors to experience trading process here. However, this broker does not support social trading and provides limited cryptocurrency choices.