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Score
Canada
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.70
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
General Information
Forex Groups claims to be a Forex broker focusing on providing competitive and reliable Forex services. However, this claim cannot be verified. There are no details on who runs the company or who these experts are.
Official Website Unavailable
As of now, the website of Forex Groups is not available. We can only find some fragmentary information on the Internet.
Investment Plans
Forex Groups featured four main investment plans, namely the Starter plan, the Advanced plan, the Senior plan, and the VIP plan. The minimum deposit of each plan ranges from $500 to $120,000. The daily returns the company promises are unrealistically high, and we doubt whether they can deliver.
Payment Methods
Forex Groups supported three main payment methods, including bitcoin deposits, perfect money, and bank wire transfers. You have to know that bitcoin transfers and Perfect Money payment methods do not allow you to trace or recover funds send to another person.
Regulation Safety
Forex Groups did not indicate that it is licensed to perform financial transactions. Any company providing investment services requires a permit from a regulatory body. In other words, this broker currently has no valid regulatory.
Risk Warning
The website is not available and there is no contact information. We assume that the trader Forex Groups might be closed or run away. Please be aware of the risk!
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