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Groupmt4trading
Operating status: SCAM
Website: https://www.groupmt4trading.com/
Broker violations and abnormal records
Groupmt4trading claims to have been providing consulting services for 10 years, accumulating up to over 25,000 customers. However, its website age is merely less than one year. This discrepancy strongly suggests that it is a scam.
Furthermore, this is a significant scam indicator that a platform lacks the essential information about its regulatory status. As a legitimate one always prominently display its accreditation and licenses to ensure transparency.
Groupmt4trading's website is shoddy. The links to legal documents are dead. While it has an office in India, there are no indications that it is registered with any local financial regulator. What's more, there isn't a watchdog in this country responsible for forex and crypto trading.
In essence, Groupmt4trading is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Groupmt4trading is unequivocally a scam.
Groupmt4trading claims to have been providing consulting services for 10 years, accumulating up to over 25,000 customers. However, its website age is merely less than one year. This discrepancy strongly suggests that it is a scam.Furthermore, this is a significant scam indicator that a platform lacks the essential information about its regulatory status. As a legitimate one always prominently display its accreditation and licenses to ensure transparency.Groupmt4trading's website is shoddy. The links to legal documents are dead. While it has an office in India, there are no indications that it is registered with any local financial regulator. What's more, there isn't a watchdog in this country responsible for forex and crypto trading.In essence, Groupmt4trading is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Groupmt4trading is unequivocally a scam.
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