Score

1.56 /10
Danger

GE GROUP

Suspicious Regulatory License

White label MT4

Regional Brokers

Suspicious Overrun

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.41

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 153305) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

GE GROUP · Company summary

Note: Regrettably, the official website of GE GROUP, namely http://www.ge-trades.com/plus/list.php, is currently experiencing functionality issues.

GE GROUP Review Summary
Founded 5-10 years
Registered Country/Region China
Regulation NFA (Unauthorized), FSPR (Suspicious clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support QQ and email

What is GE GROUP?

GE Group, a trading platform provider, offers MT4, a popular platform utilized by its clients. However, it currently has no valid regulations.

GE GROUP

We would like to offer you the opportunity to read our forthcoming article, in which we will conduct a comprehensive evaluation of the broker from multiple perspectives. We will present you with concise and well-organized information, which will enable you to assess the broker thoroughly. At the conclusion of the article, we will provide you with a brief summary, which will summarize the broker's key characteristics.

Pros & Cons

Pros Cons
  • MT4 supported
  • NFA (Unauthorized), FSPR (Suspicious clone)
  • Inaccessible website
  • No social media presence

Pros:

- MT4 is supported, which is a widely used and well-regarded platform for trading.

Cons:

- The broker's regulatory status is abnormal, with an unauthorized official status from the United States NFA and a suspicious clone license number from New Zealand FSPR. This poses a significant risk for potential investors.

- The inaccessibility of the broker's official website raises concerns about the legitimacy and reliability of their trading platform.

- The broker has no social media presence, which may indicate a lack of transparency and engagement with their customers.

Is GE GROUP Safe or Scam?

GE GROUP, a trading platform provider, has been found to have abnormal regulatory status by the United States NFA, with an unauthorized official status. In addition, the claimed New Zealand FSPR regulation by GE GROUP is suspected to be a clone, posing a risk to potential investors.

unauthorized NFA license
suspicious clone FSP license

Further concerns arise from the inaccessibility of their official website, casting doubts on the reliability of their trading platform.

Given these factors, investing in GE GROUP comes with a higher level of risk. It is, therefore, essential to conduct thorough research and evaluate these risks before making any investment decisions. Selecting properly regulated brokers is generally advised to ensure the security of funds.

Trading Platform

GE Group offers the popular trading platform, MetaTrader 4 (MT4), for its clients. MT4 is a widely recognized and highly regarded platform in the financial industry, known for its extensive features and user-friendly interface.

The platform provides a seamless trading experience with a wide range of instruments available for trading, including forex, stocks, commodities, and indices. Traders can access real-time market prices, execute trades, set pending orders, and manage their positions all from within the platform.

Moreover, the platform provides access to historical data, news feeds, and economic calendars, keeping traders informed about market events and trends that may impact their trading activities. The user-friendly interface and intuitive navigation of MT4 make it suitable for both novice and experienced traders, ensuring a seamless trading experience for all.

MT4

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

QQ: 800188801

Email: support@vgegroup.com

Conclusion

In conclusion, GE GROUP is not a good choice for traders.The NFA has categorized GE Group as unauthorized. Additionally, the New Zealand FSPR regulation is suspected to be a clone. The inaccessibility of their official website adds to these concerns. Considering these factors, it is important for investors to exercise caution and be aware of the higher level of risk associated with investing in GE Group.

Frequently Asked Questions (FAQs)

Q 1: Is GE GROUP regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at GE GROUP?
A 2: You can contact via QQ: 800188801 and email: support@vgegroup.com.
Q 3: Does GE GROUP offer the industry leading MT4 & MT5?
A 3: Yes. It offers MT4.
Q 4: Is GE GROUP a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of unauthorized and suspicious clone conditions, but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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