Reviews
Be the first to review.
GMG (GrowthMaxGlobal)
Operating status: SCAM
Broker violations and abnormal records
GMG claims to be registered in Comoros and displays a license number L15971/GMG, which is reportedly issued by the Anjouan Offshore Finance Authority (AOFA). However, after checking the official registry of AOFA, we were unable to locate any record of GMG under this license number. This raises serious doubts about the validity of their licensing information. Also, AOFA is an offshore regulator with a reputation for minimal oversight and lack of international recognition.
Furthermore, GMG claims to be regulated by the Australian Securities and Investments Commission (ASIC), citing license number 500991. Upon verification through ASIC’s official database, it is not associated with GMG (GrowthMaxGlobal) in any way. Therefore, GMG's claim of ASIC regulation is false and misleading.
Based on these findings, GMG (aka GrowthMaxGlobal) appears to a scam.
GMG claims to be registered in Comoros and displays a license number L15971/GMG, which is reportedly issued by the Anjouan Offshore Finance Authority (AOFA). However, after checking the official registry of AOFA, we were unable to locate any record of GMG under this license number. This raises serious doubts about the validity of their licensing information. Also, AOFA is an offshore regulator with a reputation for minimal oversight and lack of international recognition. Furthermore, GMG claims to be regulated by the Australian Securities and Investments Commission (ASIC), citing license number 500991. Upon verification through ASIC’s official database, it is not associated with GMG (GrowthMaxGlobal) in any way. Therefore, GMG's claim of ASIC regulation is false and misleading. Based on these findings, GMG (aka GrowthMaxGlobal) appears to a scam.
Copyright © 2026 Wiki Technology Limited
Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.