Dear trader,
We have confirmed that Groupmt4trading is an unregulated broker that poses significant risks to investors. We strongly suggest you have no further dealings with the platform, and report it to the local police and relevant financial authorities.
The age of Groupmt4trading's website doesn't match its claim, which is a red flag. It is impossible for a less than 1-year-old platform to have more than 25,000 customers.
While it purports to have an address in India, there are no official data supporting its assertion. Groupmt4trading fails to disclose any information about its regulatory status, and there are no financial watchdogs in this country responsible for forex and crypto trading. Therefore, Groupmt4trading operates without the required license and oversight.
As such, it is risky to trade with the unlicensed platform Groupmt4trading. Its clients are exposed to substantial risks of fraud and identity theft.
Furthermore, BrokersView wants to remind investors that there is another type of fraud scheme called "recovery scam", where businesses or individuals claim to be able to track and even reclaim your losses. The UK Financial Conduct Authority (FCA) has issued a warning about it, you can read the full warning here. Please stay alert and do not fall victim to it.
评论