Score

1.44 /10
Danger

Symbol Group

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.46

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Broker Information

More

Company Name

Symbol Forex Inc.

Company Abbreviation

Symbol Group

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Symbol Group · Company summary

Note: Symbol Group's official website: https://www.symbolforex.com/ is currently inaccessible normally.

Symbol Group Information

Symbol Group is an unregulated brokerage company registered in China. The broker provides various trading instruments with a minimum spread of 0 including stocks, CFD contracts, crude oil, precious metals, and Bitcoin. While the broker's official website has been closed, so traders cannot obtain more security information.

Symbol Group Information

Is Symbol Group Legit?

Is Symbol Group Legit?

Symbol Group is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is Symbol Group Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.

Downsides of Symbol Group

  • Unavailable Website

The website of Symbol Group is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since Symbol Group does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Symbol Group is not regulated, which is less safe than a regulated one.

  • Severe Slippage

According to a report on WikiFX, a user encountered significant difficulties with Severe Slippage. The issue remained unresolved despite the request being pending for a long time.

Negative Symbol Group Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative Symbol Group Reviews on WikiFX

Currently, there is only one piece of Symbol Group exposure in total.

Exposure. Severe Slippage

ClassificationSevere Slippage
Date2021-10-09
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202110087592202544.html.

Conclusion

Symbol Group Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the trading risks of the broker are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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