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Broker Group logo

Broker Group

No Regulation
International
,
Since 2022
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
500
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

3 methods

Bank Transfer (SEPA only)

bank transfer
1 days
Fee:
Free
Fee:
Free

Credit Card

credit card
hours
Fee:
1.5%
Fee:
€2

Online Payment

e wallet
hours
Fee:
3.5%
Fee:
2.0%

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Broker Group Ltd
Founded:2022
Headquarters:N/A
Enterprise Offices:1offices

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about Broker Group: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

In an ever-changing environment such as financial trading, the selection of a good trading broker is important for both a new and an expert trader. Broker Group Ltd claims to be a trading broker providing financial services, but a critical analysis shows a major lack of transparency and information.

Background & History

Very little information is available on the background information and history of Broker Group Ltd. The nature of this trader is that it is alleged to be registered in Panama, but very little information can be established on when it was established, who initiated it, and where it is headquarted.

Furthermore, efforts to connect Broker Group Ltd with any known financial institution or authority have proven futile. The want of transparency in this matter is a major warning indicator in the financial sector where all parties involved, especially clients, need transparent dealings.

Features and Benefits

Broker Group Ltd does not supply any publicly available information concerning their trading platforms, accounts, or financial instruments. The official website fails to provide information concerning the nature of offered services, including markets available for trading, trade analytical tools, and educational content.

In the absence of such important information, consumers would not be in aposition to make an informed judgment as towhetheror not a service such as Broker Group Ltd is suitable for their trading requirements.

Regulation

A major attribute of trust in financial institutions is regulation. Sadly, Broker Group Ltd is not approved by any known financial regulatory institution. Licenses number, registration numbers, or approvals from any country institution are not available to prove otherwise.

Several sources have indicated that Broker Group Ltd is an unregulated organization and not registered with major regulatory bodies such as the Financial Conduct Authority in the UK, the United States Securities and Exchange Commission in America, or Panama's Superintendencia del Mercado de Valores in Panama.

Regulator License

FCA (UK)

SEC (USA) baseman

SMV (Panama)

Important Point: The lack of licensing from relevant authorities is an important red flag. Dealers must check if brokers are licensed before conducting any financial transaction.

Trading Conditions & Platform Technology

At present, there is no information available concerning trading terms offered by Broker Group Ltd. Important aspects such as spread, leverage, minimal deposit, and commissions are not stated in brokers' sites or third-party information.

Likewise, there is no information available concerning the trading platform and technology offered by Broker Group Ltd. Data relative to mobile apps, desktop solutions, or customization is not present in order for potential clients to assess beforehand the nature of their trading experience.

Trading Condition Details

Spreads

Leverage

Minimum Deposit Not Disclosed

Commissions Not

Trading Platforms No Data

Fee Structure

Unless

The Broker Group Ltd does not share any information with transparency concerning its pricing system. In this case, information on deposit charges, withdrawal charges, inactivity fees, and commissions is not available, making it impossible to assess the cost-effectiveness of trading with such a broker.

A lack of clarity with regards to fees can prove to be a cost surprise for traders, which is a major consideration when selecting a trading platform. Fees must be clarified in order to control trading expenses.

Fee Type Description

Deposit Fees_Not Disclosed

Withdrawal Fees Not Disc

Commission Not Disc

Inactivity Fees Not Disc

User Experience & Market Reputation

Generally, a poor reputation among traders has been observed in Broker Group Ltd. Several descriptions and reviews have identified this company in the trading market as a scam due to complaints related to fraud and unsafe handling of financial means. The rating of this company in the trade market is poor, being 1.41 out of 10.

Potential clients ought to be cautioned against dealing with Broker Group Ltd in light of these serious reservations. A lack of regulation in combination with complaints from users signals a high-risk environment for investors.

Current Developments

Current corporate news concerning Broker Group Ltd is very limited. A UK-registered company with the name "BROKER GROUP LTD" existed from April 2022 to May 2024, when it got dissolved. The operations of this company were in the wholesale trade sector but were not in any way linked to financial services or the broker’s website.

To date, there have been no updates or new information available concerning Broker Group Ltd for 2024 or 2025 years, which make it unclear what is currently happening in the operations of this financial broker.

Conclusion

Broker Group Ltd is an investment organization that can pose challenges to an individual thinking of partnering with them in trade. The lack of reliable background information, non-existent trading licenses, un-disclosed trading terms, and poor market reputation of this investment organization pose a challenge.

Traders are advised to be very careful before dealing with Broker Group Ltd. Checking if a broker is legit via official authorities and selecting brokers with clear operations and good reputations is a major step in securing investments and trading operations.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for Broker Group. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Broker Group. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Deposits & withdrawals

Funding Methods

3 ways to fund an account. The costliest way in is Online Payment at 3.5%.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (SEPA only)Bank Transfer
SEPA withdrawals free of charge; processing time 1-4 bank working days.
Not recordedNot recordedEUR 1,000Not recordedNot recorded1 day
Credit CardCredit Card
Withdrawal fee is 2 EUR / 2.5 USD; intraday processing during business hours.
1.49%EUR 2EUR 1,000Not recordedNot recordedhour
Online PaymentE-Wallet
Withdrawal fee max 5 EUR; intraday processing during business hours. EU citizens only.
3.5%2%EUR 1,000Not recordedNot recordedhour
Fees, limits and processing times as published by Broker Group, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 4.

1 platform
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Broker Group brand.

1 entity
  • BROKER GROUP LIMITEDActiveNew Zealand
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Broker Group

Most Popular Questions
Broker Group Ltd offers a maximum leverage of 500.
Yes, Broker Group Ltd provides customer support through live chat during business hours. Support is available in English and can also be reached via email at support@broker-group.com.
The minimum deposit amount for Broker Group Ltd is 100 USD for trading accounts. However, specific deposit methods like SEPA bank transfer and credit card have their own minimum deposit requirements, generally starting from 1000 EUR.
Broker Group Ltd supports deposits via SEPA bank transfer, credit card, and online payment methods. Each method has different fees and processing times, with SEPA transfers typically taking 1-4 business days and credit card and online payments processed within hours.
Broker Group Ltd is not regulated according to the provided context. It does not hold any licenses or regulatory status.
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