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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GMR

United States United States | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

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Website

Rating Index

Contact

4001208987
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Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
5-10 years
Company Name
GLOBAL MARKET RAIDERS
Email
info@fxgmrgroup.com
Contact Number
4001208987
Company Website
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Verified Site
Relationship Map
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Employees
About Us
Wiki Q&A
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Official Website

Verified Site

  • fxgmrgroup.com
    47.91.240.217
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
    0001-01-01
    Website Name
    GRS-WHOIS.HICHINA.COM
    Company
    HICHINA ZHICHENG TECHNOLOGY LTD.

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GMR

Related Companies

GLOBAL MARKET RAIDERS LLC(Delaware (United States))
United States
GLOBAL MARKET RAIDERS LLC(Delaware (United States))
Active
United States
Registration No. 6067211
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Note:GMR's official website:http://www.fxgmrgroup.com/ is currently inaccessible normally.

Company NameGMR
Registered Country/AreaUnited States
Founded Year1986
RegulationNFA(Exceeded)
Trading PlatformMT4
Customer SupportEmail:info@fxgmrgroup.comPhone:4001208987

GMR Information

Established in 1986 and with headquarters in the United States, GMR runs with an exceeding NFA control. The company offers trading on the MT4 platform and customer service by phone at 4001208987 and email at info@fxgmrgroup.com.

GMR Information

Is GMR Legit or a Scam?

NFA
National Futures Association(NFA)
Current StatusExceeded
Regulated byNFA
License TypeCommon Financial Service License
License No.0465765
Licensed InstitutionGLOBAL MARKET RAIDERS LLC

Downsides of GMR

Exceeded Regulation:GMR puts doubts on its legality and financial standard compliance since it runs under an exceeding NFA rule, therefore violating the limits of its regulating power.

No Effective Customer Support: The broker provides no effective customer care to resolve the issues mentioned by users having trouble with withdrawals and blames payment channels.

Withdrawal Issues: According to reports, GMR struggles to control withdrawals; consumers experience major delays and lack efficient help to handle these issues.

Negative GMR Reviews on WikiFX

People who want to trade on unregulated sites should carefully think about the risks involved before they start trading. WikiFx collected some comments of users traded on this platform ,please take a look at our platform for more information.

There was only 1 exposure on WikiFX.

Exposure.1 Withdrawal issues

Negative GMR Reviews on WikiFX
ClassificationWithdrawal issues
DateJuly 14th,2018
Post CountryHong Kong,China

The client faulted payment channels, said GMR is not managing withdrawals, and their customer service and 24-hour hotline is nonresponsive.One would visit:

https://www.wikifx.com/en/comments/detail/208078112213182.html

Conclusion

Finally, GMR's too broad regulatory scope, documented withdrawal problems, and inattentive customer service make trading with it quite dangerous. To guarantee the security and protection of their money, investors are highly urged to use licensed brokers with open practices and confirmed qualifications.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is GMR a reliable or highly suspicious trading platform?

GLOBAL MARKET RAIDERS (GMR) presents a profile characterized by significant operational risks. Its license from the U.S. NFA is for Derivative Investment Advisory services, which does not authorize it to operate as a forex broker or handle client trading funds. The broker's business scope is noted as unorthodox, and its overall WikiFX assessment score of 1.61 reflects a fundamental absence of credible oversight for forex activities.

04-02
United States

Which financial regulator oversees GMR?

GMR is not overseen by a mainstream financial regulator that licenses forex brokers. The entity holds a Derivatives Investment Advisory license with the U.S. National Futures Association (NFA), but this license does not grant it the authority to act as a forex dealer or hold client trading funds. There is no valid, active license covering its forex brokerage activities, meaning it operates without credible regulatory oversight.

04-02
United States

When was GMR established?

GLOBAL MARKET RAIDERS has an estimated track record of 5-10 years of operation and is registered in the United States.

04-02
United States

What is the minimum deposit for GMR?

This broker does not publicly disclose its minimum deposit requirement or specific trading conditions such as leverage. The absence of transparently published account terms is a significant concern that traders must consider.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States
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