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GRUPO CORIL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.grupocorilsab.com/index-i.html, about the company's legal and temporary regulatory information, the company's address Calle Monterosa N° 256 Piso 12, Chacarilla del Estanque – Santiago de Surco - Lima 33 – Perú.

GRUPO CORIL Forex Broker

Basic Information

Registered Region
Germany
Operating Period
--
Company Name
GRUPO CORIL
Abbreviation
GRUPO CORIL
Company employee
--
Customer Service Email Address
info@grupocoril.com
Contact Number
+515116118000
Company address
Calle Monterosa N° 256 Piso 12, Chacarilla del Estanque – Santiago de Surco - Lima 33 – Perú
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name Grupo Coril Registered Country/Area Germany Founded Year 1992 Regulation Not regulated Market Instruments Securities, Money Exchange, Financial Advisory Account Types N/A Minimum Deposit N/A Maximum Leverage N/A Spreads N/A Trading Platforms N/A Customer Support Phone at +51 955 372 706 or email at sab@grupocoril.com Overview of GRUPO CORIL Established in Germany in 1992, Grupo Coril offers financial services, including securities intermediation, money exchange, and financial advisory. With $8,705 million assets under management and a presence in seven regions of Peru, it stands out as a leading non-bank securitization provider. Holding ISO 27001:2013 certification, it ensures information security. Despite its growth and various trading assets, Grupo Coril operates without regulatory oversight, limiting transparency. Additionally, its limited customer support hours and absence of a trading platform may inconvenience clients. Regulatory Status GRUPO CORIL operates without regulation. This absence of oversight poses risks as there are no guidelines or checks in place to ensure compliance with standards. Without regulation, GRUPO CORIL's practices, such as financial transactions and operational procedures, lack transparency and accountability. Pros and Cons Pros Cons $8,705MM assets under management Lack of regulatory oversight Presence in 7 regions of the country Lack trading platform Highest growth fiduciary Leading non-bank securitization provider ISO 27001:2013 Information security certification Provides financial advisory Pros: $8,705MM assets under management: Grupo Coril manages a substantial amount of assets, totaling $8,705 million. This significant figure indicates the trust and confidence clients place in Grupo Coril to manage their investments effectively. It also suggests the company's ability to handle large-scale financial operations. Presence in 7 regions of the country: Grupo Coril has established operations in seven regions across the country, including Lima, Piura, Chiclayo, Trujillo, Arequipa, Huancayo, and Cusco. Highest growth fiduciary: Grupo Coril is recognized as the fiduciary with the highest growth rate. This accolade reflects the company's successful performance and expansion within the financial industry. Leading non-bank securitization provider: Grupo Coril is a prominent provider of securitization services, distinguishing itself as a leader in the non-banking sector. ISO 27001:2013 Information security certification: Grupo Coril holds the ISO 27001:2013 certification for information security. This certification signifies that Grupo Coril adheres to international standards in managing and safeguarding sensitive information. Cons: Lack of regulatory oversight: Grupo Coril operates without regulatory supervision or oversight. Lack trading platform: The absence of a trading platform may limit clients' ability to execute trades independently and access real-time market information. Clients may rely on alternative platforms or brokers, potentially resulting in additional costs or complexities in managing their investments. Market Instruments Grupo Coril offers a range of trading assets through its services: Securities Intermediation: Facilitating the purchase and sale of financial instruments in both local and international markets, utilizing stock exchanges or over-the-counter mechanisms. Structuring and Placement: Providing advisory services to explore financing alternatives via the capital market, including debt or equity issuance. Placement options encompass both public and private offerings. Money Exchange: Offering currency exchange services to facilitate transactions involving different currencies, suitable for clients engaged in international trade or investment. Financial Advisory: Providing expert guidance and recommendations on financial matters, tailored to individual or corporate clients seeking strategic financial planning or investment advice. How to Open an Account? Contact Grupo Coril SAB: Reach out via phone at +51 955 372 706 during business hours. Alternatively, send an email to sab@grupocoril.com. Verify the attention schedule: Grupo Coril SAB operates Monday to Friday from 08:00 am to 18:00 pm. Complete the account opening form: Provide your name, last name, document type, and document number. Input your email and cell phone number. Mandatory fields: Ensure all required fields, marked with an asterisk (*), are filled out accurately. Accept Terms and Conditions: Acknowledge your acceptance of Grupo Coril SAB's Terms and Conditions and Privacy Policies. Submit the form: Once the form is complete, click on the “Send” button to submit your application. Customer Support Grupo Coril SAB offers customer support to assist clients in becoming part of their services. You can reach them via phone at +51 955 372 706 or email at sab@grupocoril.com during their attention schedule, Monday to Friday from 08:00 am to 18:00 pm. Conclusion In conclusion, Grupo Coril presents both advantages and disadvantages in its financial services provision. The company boasts a substantial asset management portfolio, a wide regional presence, and recognition for its fiduciary growth and information security standards. However, operating without regulatory oversight poses risks, while limited customer support hours and the absence of detailed account information may inconvenience clients. FAQs Question: How can I contact Grupo Coril? Answer: You can reach Grupo Coril by phone at +51 955 372 706 or via email at sab@grupocoril.com during business hours. Question: What services does Grupo Coril offer? Answer: Grupo Coril offers securities intermediation, money exchange, financial advisory, and structuring and placement services. Question: Is Grupo Coril regulated by any authority? Answer: No, Grupo Coril operates without regulatory oversight. Question: What are the customer support hours? Answer: Customer support is available from Monday to Friday, 08:00 am to 18:00 pm. Question: Where is Grupo Coril headquartered? Answer: Grupo Coril is headquartered in Germany, with operations in seven regions of Peru.

Rating Index

How to login to GRUPO CORIL?
grupo coril Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a grupo coril Account Registering for a grupo coril account is a straightforward process that allows you to access a range of financial services. Follow these

  

Grupo Coril Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Grupo Coril is a financial brokerage firm established in 1991, with its headquarters located at Calle Monterosa N° 256, Piso 12, Chacarilla del Estanque, Santiago de Surco, Lima 33, Peru. The company operates as a private entity, providing a range of trading services to clients globally. Over the past 32 years, Grupo Coril has developed a reputation in the financial services sector, focusing on various investment solutions and market instruments.

  The firm primarily serves retail and institutional clients, offering access to foreign exchange (forex), commodities, contracts for differences (CFDs), and indices. Grupo Coril has achieved several milestones throughout its history, including the establishment of its brokerage house and the expansion of its service offerings to include asset management and financial advisory services.

  Grupo Coril operates under a diversified business model that encompasses retail forex trading, institutional services, and asset management. Its commitment to providing tailored financial solutions has contributed to its growth and influence in the financial markets.

  

2. Regulatory and Compliance Information

  Grupo Coril operates in a regulatory environment that currently shows no valid regulatory information. It is classified as an unregulated broker, which raises concerns regarding the safety and protection of client funds. The company does not hold licenses from any major regulatory bodies, and as such, it does not have a regulatory number or specific oversight.

  The lack of regulation means that Grupo Coril does not participate in investor compensation schemes, which could provide some level of protection to clients in the event of financial difficulties. Furthermore, the firm does not have a clear policy on the segregation of client funds, which is a critical aspect of client safety.

  In terms of compliance, Grupo Coril is expected to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although the specifics of these measures are not detailed in available resources. Given the unregulated status, potential clients should exercise caution and conduct thorough research before engaging with the broker.

  

3. Trading Products and Services

  Grupo Coril offers a variety of trading products, including:

  •   Forex Trading: The broker provides access to a range of currency pairs, including major, minor, and exotic currencies. The specific number of currency pairs is not disclosed, but clients can expect to trade popular pairs such as EUR/USD, GBP/USD, and USD/JPY.

  •   CFDs: Clients can trade CFDs on various asset classes, including indices, commodities, and stocks. However, the details on specific indices or commodities available for trading are not provided.

  •   Special Products: Grupo Coril may offer unique trading opportunities or proprietary products, but specific information on such offerings is not available.

  •   Retail Trading Services: The broker caters to retail clients by providing trading accounts designed for individual traders.

  •   Institutional Client Services: Grupo Coril also offers services tailored to institutional clients, though the specifics of these services are not elaborated upon.

  •   Asset Management Services: The firm may provide asset management solutions, but detailed offerings are not specified in the available information.

  The frequency of product updates and the introduction of new trading instruments remain unclear, indicating a need for potential clients to inquire directly with the broker for the latest offerings.

  

4. Trading Platforms and Technology

  Grupo Coril does not support MetaTrader 4 or MetaTrader 5, which are widely used trading platforms in the industry. Instead, the broker may utilize its proprietary trading platform, though specific details about its features and functionalities are not provided.

  The broker offers a web-based trading platform that allows clients to access their accounts and trade online. Additionally, Grupo Coril may provide a mobile application for trading on iOS and Android devices, although specific functionalities of the app are not detailed.

  Regarding execution models, the broker's execution method is not explicitly mentioned, and potential clients should inquire about whether it operates on an ECN, STP, or Market Making basis. The infrastructure supporting the trading platform, including server locations and technological capabilities, is not disclosed.

  Grupo Coril does not provide information on API access or support for automated trading, which may limit options for algorithmic traders.

  

5. Account Types and Trading Conditions

  Grupo Coril offers several account types, although specific conditions for each type are not extensively documented. The standard account conditions include:

  • Minimum Deposit: The minimum deposit required to open an account is not specified.
  • Spreads and Commissions: Details regarding spreads and commissions are not provided, making it essential for potential clients to clarify these aspects directly with the broker.

  Advanced account types, such as VIP or professional accounts, may be available, but further information is not disclosed. Special account options, such as Islamic accounts or corporate accounts, are not mentioned.

  The broker's policy on demo accounts is also unclear, and potential clients are encouraged to inquire about the availability of practice accounts.

  Leverage ratios for different products are not specified, which is crucial information for traders looking to manage their risk effectively. The minimum trade size and overnight fees are also not detailed, indicating that prospective clients should seek clarification from Grupo Coril.

  

6. Fund Management

  Grupo Coril supports various deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-wallets

  The minimum deposit requirements may vary based on the account type, but specific details are not provided. The processing time for deposits is also unspecified, which could affect traders' ability to access their funds promptly.

  Deposit fees and withdrawal methods are not clearly outlined, making it necessary for clients to confirm any associated costs directly with the broker. Withdrawal processing times are also not disclosed, which could impact clients cash flow management.

  The fee structure for withdrawals is not specified, which is an important consideration for traders evaluating the overall cost of trading with Grupo Coril.

  

7. Customer Support and Educational Resources

  Grupo Coril offers multiple support channels, including:

  • Phone Support
  • Email Support
  • Online Chat
  • Social Media

  The service hours and time zone coverage are not specified, which may affect clients' access to support.

  The broker is expected to provide multilingual support, although specific languages offered are not mentioned.

  In terms of educational resources, Grupo Coril may offer various materials, including:

  • Webinars
  • Tutorials
  • E-books

  Market analysis services, such as daily analysis, news updates, and research reports, may be available, but specifics are not detailed.

  Trading tools, including calculators, calendars, and signal services, are not explicitly mentioned, which could limit traders' access to valuable resources for making informed trading decisions.

  

8. Regional Coverage and Restrictions

  Grupo Coril primarily serves clients in Peru and potentially other Latin American markets. However, specific regional offices or distributions are not detailed.

  The broker does not accept clients from certain countries, but the specific locations are not disclosed in the available information.

  Any special restrictions on trading or account openings for clients in specific jurisdictions remain unclear, underscoring the importance of direct communication with Grupo Coril for potential clients.

  In summary, while Grupo Coril offers a range of financial services, its unregulated status and lack of detailed information on various aspects of its operations warrant careful consideration by prospective clients. It is advisable for individuals to conduct thorough research and engage directly with the broker to obtain the most accurate and up-to-date information regarding their services.

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GRUPO CORIL Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.24, Software Index 4.00 Risk Control Index 0.00.
GRUPO CORIL