Symbol Group

WikiFX | 2024-11-29 18:01

Abstract：Symbol Group is an unregulated brokerage company registered in China. The broker provides various trading instruments with a minimum spread of 0 including stocks, CFD contracts, crude oil, precious metals, and Bitcoin. While the broker's official website has been closed, so traders cannot obtain more security information.

Note: Symbol Group's official website: https://www.symbolforex.com/ is currently inaccessible normally.

Symbol Group Information

Symbol Group is an unregulated brokerage company registered in China. The broker provides various trading instruments with a minimum spread of 0 including stocks, CFD contracts, crude oil, precious metals, and Bitcoin. While the broker's official website has been closed, so traders cannot obtain more security information.

Is Symbol Group Legit?

Symbol Group is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.

Downsides of Symbol Group

Unavailable Website

The website of Symbol Group is inaccessible, raising concerns about its reliability and accessibility.

Lack of Transparency

Since Symbol Group does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

Regulatory Concerns

Symbol Group is not regulated, which is less safe than a regulated one.

Severe Slippage

According to a report on WikiFX, a user encountered significant difficulties with Severe Slippage. The issue remained unresolved despite the request being pending for a long time.

Negative Symbol Group Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Currently, there is only one piece of Symbol Group exposure in total.

Exposure. Severe Slippage

Classification	Severe Slippage
Date	2021-10-09
Post Country	Hong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202110087592202544.html.

Conclusion

Symbol Group Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the trading risks of the broker are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

Leverage Broker Dealer

Related broker

No Regulation

Symbol Group

Company name：Symbol Forex Inc.

Score

1.49

Website：https://www.symbolforex.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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