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.
According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1
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