Forex Groups-Some important Details about This Broker
Abstract：Forex Groups claims to be a Forex broker focusing on providing competitive and reliable Forex services. However, this claim cannot be verified. There are no details on who runs the company or who these experts are.
General Information
Forex Groups claims to be a Forex broker focusing on providing competitive and reliable Forex services. However, this claim cannot be verified. There are no details on who runs the company or who these experts are.
Official Website Unavailable
As of now, the website of Forex Groups is not available. We can only find some fragmentary information on the Internet.
Investment Plans
Forex Groups featured four main investment plans, namely the Starter plan, the Advanced plan, the Senior plan, and the VIP plan. The minimum deposit of each plan ranges from $500 to $120,000. The daily returns the company promises are unrealistically high, and we doubt whether they can deliver.
Payment Methods
Forex Groups supported three main payment methods, including bitcoin deposits, perfect money, and bank wire transfers. You have to know that bitcoin transfers and Perfect Money payment methods do not allow you to trace or recover funds send to another person.
Regulation Safety
Forex Groups did not indicate that it is licensed to perform financial transactions. Any company providing investment services requires a permit from a regulatory body. In other words, this broker currently has no valid regulatory.
Risk Warning
The website is not available and there is no contact information. We assume that the trader Forex Groups might be closed or run away. Please be aware of the risk!
Read more
Duhani Capital: A Scam Broker Hiding Behind Fake Promises?
Traders from the US, Pakistan, and Indonesia have notably raised complaints about Duhani Capital, a non-regulated broker. It has been proven to indulge in scammy practices, withholding traders’ funds, altering spreads without notifications and account terminations.
iFourX Scam Alert: Trapped Funds and Silent Support
Traders, including one from Japan, have raised concerns about iFourX, an unregulated broker, for their scammy tactics. The trader has witnessed blocked withdrawals, silent customer support, and restrictive account practices when dealing with the platform.
Alieus Capital Accused of Ignoring Withdrawal Requests and Cutting Off Support
A trader using Alieus Capital has raised serious concerns about the broker’s practices. They have reported an unapproved withdrawal request pending since March 18, with no live support and unanswered emails, which led to concerns about the broker’s operations.
Want to know how to invest in gold? Check this out.
Gold prices have surged to unprecedented levels in early 2025, reflecting heightened investor demand for safe-haven assets.
WikiFX Broker
Latest News
OANDA Expands ETF Offerings in EU for Portfolio Diversification
WikiFXFCA Introduces PASS and AI Testing to Support Financial Innovation
WikiFXFCA Warns Public About 7 Unauthorised Financial Firms
WikiFXWebull Canada Launches Options Trading and Advanced Tools
WikiFXFTX Launches Legal Action to Reclaim Tokens from NFT Star and Delysium
WikiFXForex Traders Shift Focus: Risk Management Over High Leverage in 2025
WikiFXYen's Dramatic Rebound: What Should Investors Do Now?
WikiFXSEC Charges Dallas Trio in $91M Ponzi Scheme Defrauding Investors
WikiFXWhy High Leverage Causes Massive Losses in Forex Trading
WikiFXRetiree Loses RM100,000 in Fake Investment Scheme that Promised 18% Return
WikiFXRate Calc
