TOLTECHFX Comments

In this section we will analyze the broker Genesis Group (also called gegltrade.com), is a Forex and CFD broker. Is Genesis Group really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

You may be wondering why we did a review on Genesis Group. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being a part of: they don't mention it.

As to its location, the broker mentions having base in: they do not mention it. 

If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker. 

If now we go on to analyze account types offered by Genesis Group, we note that it does not provide information about owning different types of account.

Las platforms to operate that Genesis Group offers are: the MT4 platform.

We will now analyze the different resources and aids for the trader that Genesis Group provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

Genesis Group website
Genesis Group website

Genesis Group does not provide assistance or resources to traders or stakeholders.

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| Other information about Genesis Group |

Some more information in case you want to contact the company, or see its website for yourself.

Website: gegltrade.com

Phone number: +852 51093866

Email:

>>> Assessment on Genesis Group <<

Ending with this section, in our opinion Do we believe that the Genesis Group company is reliable? Should you invest your money with the company?

The truth is that, we recommend to exercise caution, because: it is an unregulated broker, we do not know where it is based, in fact they almost do not offer information about the company, it is not transparent, when looking for reviews about Genesis Group we did not find any other review, we believe that it is a new broker, without a track record. We suggest using caution. 

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

What do you think of Genesis Group? What has been your experience?


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About the author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.

About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.

Do you want more information? You can read more about me here in my biography.

2 comments on «Genesis Group: Rating and Comments»

  1. Jeremy Aguilar Reply

    This company will rip you off. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Jeremy Aguilar, thanks for writing about Genesis Group. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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