Score
GMR
United States|5-10 years| http://www.fxgmrgroup.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：GLOBAL MARKET RAIDERS LLC
License No.：0465765
Single Core
1G
40G
1M*ADSL
- 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!
Basic information
United States
5-10 years Regulated in United States Common Financial Service License Suspicious Scope of Business Suspicious Overrun Medium potential riskUsers who viewed GMR also viewed..
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Website
fxgmrgroup.com
Server Location
Hong Kong
Website Domain Name
fxgmrgroup.com
Website
GRS-WHOIS.HICHINA.COM
Company
HICHINA ZHICHENG TECHNOLOGY LTD.
Domain Effective Date
0001-01-01
Server IP
47.91.240.217
Company Summary
Note:GMR's official website:http://www.fxgmrgroup.com/ is currently inaccessible normally.
| Company Name | GMR |
| Registered Country/Area | United States |
| Founded Year | 1986 |
| Regulation | NFA(Exceeded) |
| Trading Platform | MT4 |
| Customer Support | Email: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.
Is GMR Legit or a Scam？
 | National Futures Association(NFA) |
| Current Status | Exceeded |
| Regulated by | NFA |
| License Type | Common Financial Service License |
| License No. | 0465765 |
| Licensed Institution | GLOBAL 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
| Classification | Withdrawal issues |
| Date | July 14th,2018 |
| Post Country | Hong 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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