Global Broker Regulation Inquiry App
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Score

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/10

GMR

United States United States | 5-10 years |
Regulated in United States | Common Financial Service License | Suspicious Scope of Business | Suspicious Overrun | Medium potential risk

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Website

Rating Index

Contact

4001208987
info@fxgmrgroup.com
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Licenses

Licensed Entity:GLOBAL MARKET RAIDERS LLC

License No. 0465765

Warning: Low score, please stay away!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0465765)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
2

Basic Information

Registered Region
United States United States
Operating Period
5-10 years
Company Name
GLOBAL MARKET RAIDERS
Customer Service Email Address
info@fxgmrgroup.com
Contact Number
4001208987
Company Website
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Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Comment

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Official website

Website

  • fxgmrgroup.com
    47.91.240.217
    Server Location
    Hong Kong Hong Kong
    ICP registration
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    Most visited countries/areas
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    Domain Effective Date
    0001-01-01
    Website
    GRS-WHOIS.HICHINA.COM
    Company
    HICHINA ZHICHENG TECHNOLOGY LTD.

Genealogy

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Relevant Enterprises

GLOBAL MARKET RAIDERS LLC(Delaware (United States))
United States
GLOBAL MARKET RAIDERS LLC(Delaware (United States))
Active
United States
Registration No. 6067211
Established
Related sources Website Announcement
Employees

Company 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.

Keywords

  • 5-10 years
  • Regulated in United States
  • Common Financial Service License
  • Suspicious Scope of Business
  • Suspicious Overrun
  • Medium potential risk
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