GMR Forex Broker

Note:GMR's official website:http://www.fxgmrgroup.com/ is currently inaccessible normally.Company NameGMRRegistered Country/AreaUnited StatesFounded Year1986RegulationNFA(Exceeded)Trading PlatformMT4Customer SupportEmail:info@fxgmrgroup.comPhone:4001208987GMR 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 StatusExceededRegulated byNFALicense TypeCommon Financial Service LicenseLicense No.0465765Licensed InstitutionGLOBAL MARKET RAIDERS LLCDownsides 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 issuesClassificationWithdrawal issuesDateJuly 14th,2018Post CountryHong 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.htmlConclusion 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.