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GENESIS GROUP -

Score

1.47 /10
Danger

GENESIS GROUP

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://gegltrade.com

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.70

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

GENESIS GROUP

Company Abbreviation

GENESIS GROUP

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
GENESIS GROUP · Company summary

Unavailable Official Website

Since the website of GENESIS GROUP cannot be opened for the moment, we could only piece together some relevant information from some website to get a rough idea of this forex broker. There is a large chance that this broker is an illegal one.

General Information

GENESIS GROUP is said to be a forex broker that were not launched for a long time. Since its website cannot be opened for the moment, we cannot find more essential information on its trading assets available, spreads and commissions, leverage, trading platform applied. However, due to its lack of regulation and unavailability of official website, this forex broker is likely to be an illegal forex broker.

How does scams work？

Since the forex market is a lucrative place where everyone wants to make a fortune here, many fraudsters pop up trading to extract traders‘ all available money. They typically lure newcomers with huge profits that would never make in reality, and after traders make a deposit, they would manipulate victims’ trading, draining up their money, blocking their account and then ran away.

Contact Info

The Genesis Group team can be reached though telephone at +85251093866 and email: geglintl888@aol.com.

User Reviews

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User comment

2

Comments

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Felix Sin
more than one year
I signed up for this platform, and right after that, I remembered that I should read the reviews first-silly me. So I read them, and I immediately decided not to engage with them in any matter, there are many bad reviews and articles warning people about them.
I signed up for this platform, and right after that, I remembered that I should read the reviews first-silly me. So I read them, and I immediately decided not to engage with them in any matter, there are many bad reviews and articles warning people about them.
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2023-02-14 16:43
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Diego
more than one year
Poor customer service, rude online personnel, and you can't get your investment back. You have to add more money to withdraw. Everything sucks!! STAY AWAY!!
Poor customer service, rude online personnel, and you can't get your investment back. You have to add more money to withdraw. Everything sucks!! STAY AWAY!!
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2022-12-08 17:46
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