Score

2.05 /10
Danger

Volume Groups

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index7.13

Risk Management Index0.00

Software Index7.51

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Volume Groups · Company summary
Aspect Information
Company Name Volume Group
Registered Country/Area Trukey
Founded Year 2015
Regulation Unregulated
Products & Services Indicies,Forex,Shares,CFDs
Trading Platform MT5
Customer Support Phone:+90 553 300 00 84,Email:info@volumegroupsfx.com
Educational Resources Educational Lessons:Learnings and Courses,BlogTools:Currency Exchange,Techincal Analysis

Overview of Volume Group

Volume Group, founded in 2015 and based in Turkey, operates as an unregulated financial services company.

They offer a range of trading opportunities, including indices, forex, shares, and CFDs, through the popular MT5 trading platform.

Customer support is accessible via phone and email. Volume Group also emphasizes education in its services, providing educational lessons, courses, and a blog, along with tools for currency exchange and technical analysis to assist traders in enhancing their trading skills and market understanding.

Overview of Volume Group

Regulation Status

Volume Group is currently unregulated, meaning it does not hold a license from any financial regulatory body. This status may affect the level of oversight and protection that traders receive when engaging with their services, potentially increasing the risk compared to dealing with a regulated entity.

Pros and Cons

Pros Cons
Long History Limited Trading Options
Famous Trading Platform Unregulated
Accessible Educational Resources Uncertain Fee Structure
Uncertain Leverage
No Live Chat

Pros:

Volume Group boasts a long history since its establishment in 2015, demonstrating experience in the financial trading industry.

It offers its services through the famous and widely-used MetaTrader 5 (MT5) trading platform, which is known for its advanced trading capabilities and user-friendly interface.

Additionally, Volume Group provides accessible educational resources, including lessons, courses, and blogs, which are valuable for both novice and experienced traders looking to deepen their market knowledge and trading skills.

Cons:

Despite its strengths, Volume Group presents several drawbacks.

It is unregulated, which raises worries about the safety of trader's investments and the companys operational standards.

The trading options are somewhat limited, which will not satisfy traders looking for a wide array of instruments.

Furthermore, the company does not offer clarity on its fee structure and leverage options, which can lead to potential misunderstandings or financial risks for traders.

Additionally, the absence of a live chat feature could impede timely support and effective communication with the customer service team.

Products & Services

Volume Group offers a variety of trading products:

Indices: Volume Group provides opportunities to trade on various global indices, which represent the performance of a specific section of the stock market. This allows traders to speculate on the overall market movements without needing to own the actual stocks.

Forex: They offer trading in the foreign exchange market, enabling traders to buy and sell currencies against each other and benefit from changes in exchange rates. This market is known for its high liquidity and 24-hour trading cycle.

Shares: Traders can also engage in share trading, buying and selling stocks of individual companies. This is suitable for those looking to invest based on the performance and future potential of specific firms.

CFDs: Contracts for Difference are available, allowing traders to speculate on the rise or fall of prices of various assets, including stocks, commodities, and indices, without actually owning the underlying asset. This can provide opportunities for leverage and short selling.

Products & Services

Trading Platform

Volume Group utilizes the MetaTrader 5 (MT5) trading platform, which is renowned for its speed and ease of use. This platform is designed to operate effectively even on devices with low internet speeds and older versions of mobile phones.

MT5 supports multiple languages and is equipped with a broad range of technical analysis indicators that meet diverse trading strategies.

It also includes unique features such as a forum where clients can collaborate and discuss strategies, supports all types of pending orders, and provides various account movement data to help traders make informed decisions.

Trading Platform

Customer Support

Volume Group offers a variety of customer support options to assist clients with any inquiries or issues they will have regarding services or products.

Clients can reach out to the support team via email at info@volumegroupsfx.com or by phone at +90 553 300 00 84. Additionally, there is an option to send a direct message through their website by filling out a form that requires the user's full name, email, phone number, and the message they wish to convey.

Customer Support

Educational Resources

Volume Group offers a various suite of educational resources aimed at enhancing the trading skills and knowledge of its clients.

  • Educational Lessons and Courses: Volume Group offers a variety of lessons and courses that attract both beginner and advanced traders, providing essential knowledge and skills needed for effective trading.

Educational Resources
  • Blog: The company maintains an educational blog that delivers insights, market analysis, and trading strategies, keeping traders informed about the latest trends and developments.

Blog
  • Currency Exchange Tools: Useful tools for currency exchange are available, helping traders with conversions and calculations crucial for forex trading.

Currency Exchange Tools
  • Technical Analysis Tools: Volume Group provides advanced technical analysis tools, which are vital for evaluating market conditions, identifying trading opportunities, and making informed decisions.

Technical Analysis Tools

Conclusion

Volume Group leverages the robust MetaTrader 5 platform to offer a variety of financial trading options such as indices, forex, shares, and CFDs.

Despite being unregulated, it compensates with various educational resources, advanced trading tools, and responsive customer support.

The platforms accessibility across multiple devices and its inclusion of multiple languages and technical analysis features make it appealing, although potential traders should be cautious of the inherent risks due to the lack of regulation.

FAQs

Question: What trading platforms does Volume Group offer?

Answer: Volume Group utilizes the MetaTrader 5 (MT5) trading platform, known for its efficiency and user-friendly interface.

Question: Can I trade on mobile devices with Volume Group?

Answer: Yes, MT5 platform supports trading on Windows, iOS, and Android devices, ensuring you can trade on the go.

Question: What types of financial products can I trade with Volume Group?

Answer: Volume Group offers trading in indices, forex, shares, and CFDs.

Question: How can I contact Volume Group for support?

Answer: You can contact Volume Group via email at info@volumegroupsfx.com or phone at +90 553 300 00 84.

Question: What educational resources does Volume Group provide?

Answer: Volume Group provides educational lessons, courses, a regularly updated blog, and tools for currency exchange and technical analysis to aid in trading.

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