Gm Group Review

Read our Gm Group review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a gmgroup.pro review.

Broker Gm Group
Website gmgroup.pro
Regulation None
Broker Type Scam

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Gm Group is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Gm Group in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.

Gm Group Review Conclusions

Making the Gm Group review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Gm Group review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

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50 COMMENTS

  1. The gmgroup.pro Has been a real disappointment to deal with. The adviser assigned to me turned out to be rude and pushy when I questioned her desire to view my screen and assist me while making personal bank transactions! She became even more upset when I questioned this again. I told her she needed to remember that I was the customer and should not be bullied about my preferences regarding privacy. At this point she said she did not like my attitude and would like to get ahold of me to close my account.

    Earlier in this relationship before she decided to close my account I received a voicemail saying she had been trying to get ahold of me for days and could. She said she was worried and would like to continue to set up my account. I scanned our phone display and email record and could find no attempt by her to contact me.

    Our last exchange today was one snide email in response to my request to call me at 9:00 am. This is her response, “Sorry Tim I am busy making money for my real clients I’ll find some time for you next week”.

    So needless to say I am concerned about any further dealings with this website and will let you know if I get my money back.

  3. It started with me buying 200 dollars and got help from someone called Lucy who works at GMGroup …. in order for her to help me I had to install whatsapp and anydesk took control of my data got to log in to the bank gave her all the information about my income and bank … then she said that I have to make another deposit on a digital wallet and made a deposit of 600euro and said that I would get my money back within 40minutes just to activate the account …. I waited but it was in vain did not get anything back I was blown away … still have some chat that was on whatsapp

  5. I wrote down the wrong details regarding this company and people, so I am not sure where I put this money, It was coinbase where I put this money, not a gmgroup and I am not able take this money backl, because I do not know how to do it. I am deeply sorry for misunderstanding, I am not even sure it was Lucy, Clara, Chris or Nick, So I apoligize for my comment.

  6. Bro you are right the exact same thing happened to me by this so called person Lucy whom I’m going to track down I’m ex special forces and plan to do bad things these scammers are just dogs and they will pay

  8. SCAMMERS! Literally went looking for a different company accidentally landed on this and I got a call within 30 seconds at MIDNIGHT! Pushed me to pay 250$ and I didn’t sent me a sketchy link in my email without names business or contact info. I obviously didn’t pay but as soon as I asked he couldn’t provide any information on the company then when I said I’d like to do my own research he said too bad you don’t know what you’re missing have a goodnight. 😮

  9. Webside hacked.

    When i was trying to make a deposit with 249 euro to Gmgroup for webtrading i culdnt do it.Suddenliy my phone rang with a guy named Klaus Anderson .He kan help me he says.He send me a new link to a new payment board. We came in on a webside called pipacademy.Is that the right one i asked.Yes he says. He guided me tru and i make the payment.Just use the same profile and password on the Gmgroups webside he says and it will all be good.He replied.
    Done that i tryed again to enter Gmgroup webadress but nothing happend.I go back to pipacademy and i can see im a user there.Have tryed to contakt Gmgroup and pipacademy on email but no answer.
    My conclusin is the that i have payed for a school lesson how the webtrades work for 249 euro and not
    249 euro to Gmgroup for start to invest.
    I have been scammed and cheatet.
    My lesson who cost me 249 euro is NEWER trust a websiden anymore.Go to your bank and let them invest u hard urned money.

  10. Theses scammers took 2500 pound from my crypto account
    They using a application named anydesk to manage people phone
    Katherine Ferreira and Lucy white are clowns
    GMgroup pro fake company who take advantage of people wages
    I already reported to the police
    I want them in jail or killed
    I make sure that everybody know what are they goals

  11. I invest $250 and the lady ask to invest $5000,ok I send after week she show me I can withdraw $6000 .OK I did with her help , but I received message from cash flow I have paid $3000 to take the money,ok I send them ,and again they want I send them $3000 and they will send me money because I don’t have I asked please back only my investments money but they say they cant ,but when I send them the 3000 they will back for me after, ok I take a loan from the bank and I send them, the lady told me I have to send .its not all they send I have to pay insurance $2200 -I paid. Finally, they send money to coinsmart and again process start they need I will send them 22procent but not from $6000 only from the whole quote what I send them its $3198. the lady she names is Ellie told me it’s the last payment ok I borrow money and send it yesterday and I wait today for finalizing the process, but they send a message I have to pay 28 percent yet it’s $4039.00 .. but I DONT HAVE MORE TO SEND. I sent them for this time $11400.00USA dollars plus my investments $5000 I don’t have any dollars I lost all Maybe somebody help me they can back only my money I don’t want any cents more ,I’m a pensioner Ilost all

  12. GMGroup is a scam that steals your money and also goes by the names Global Solutions and Ground Solutions claiming to be located in Dominica

  13. The GMGroup is not associated with any regulatory authority and scams people out of their money as they did to me. Any positive reviews are fabricated by these scammers and if you do just a basic investigation you’ll find that there are numerous warnings about them and Ground Solutions

  15. This company is a total scam. I deposited the minimum needed to start. I received a cal from my investor to explain this was a two week trial at which point I would be required to invest more funds. After two weeks I had USD 1353 in my account. I advised them I was not comfortable investing another 5000 and wanted to close my account. After three weeks of asking for my funds, they said they were releasing the funds to me. My account is now empty and I have not received the funds as requested. Trying to reach in regards to this and am on hold for 30 minutes and then have my calls disconnect.

  18. beware you can not get your money back of them if you change your mine they will ask for your bank details if you give it they will scan all your accounts and try to get a loan out so be careful with this company it looks like its just a SCAM

  20. People this is a scam all fake, FCA licence all fake. London address all fake.
    I lost my money fake accounts.

  22. I am very disappointed with the service although on the surface it seems good. If find it unbelievable that for me to close the account I first need to put over £1000 from my personal account into my crypto account. This goes against all advise given by banks and I can only conclude that this will be a scam and I will never see any of this money. As a retired police officer I would never committ to this process. I will be reporting my case to the FCA.

  26. Hi, I want to close my account but your site is not allowing me to do so! I clicked the icon to get a call back yesterday from accounting and nobody returned my call within the 24 hrs it says it would. Can someone call me back please?

  28. Please can someone email me or call me on +61 419995836 .my Financial Adviser Dan is no longer with me to trade for me .my account has been sitting since he moved on . I have tried to withdraw but i think I made a mistake it said would take 24 hours to be reviewed that was 3 weeks .
    I need help please . Pauline Walker .

  29. I believe Gm Group Pro are scammers. I have been waiting for responses to emails for a month and waiting for a decision on a withdraw for over 2 weeks. It’s like no one works there which leads me to believe I’ve been scammed. I will be reporting Gm Group Pro as a scam by the end of the day today.

  30. WE have used GMGroup. I wouldn’t put any money into GMGroup. We invested the minimum amount and then David Carter wanted more money. We sent more money and he did make investments and we were making some money. They wouldn’t trade everyday and we were told that we didn’t invest enough for him to trade everyday. Then he wanted us to invest another $10,000 and told us he could double our money in two weeks. We opted out of this at that time and told him we where happy with what was being done. A week later he wanted more money again. In the meantime he only traded one day with our account. When he called to get more money again we were very sceptical on doing this. With some thought once again we opted out. He argued with us on the phone and more or less told us we weren’t his time to work with us as we had a smaller amount invested. $4000 isn’t that small really. Thinking we wanted to try this and see where and what we could get out of it. In the next week he invested ZERO on our account. So on March 30th we desided to take our money out. When he seen this he called and argued with us on the phone. After a half an hour I told him he worked for us and we wanted our money back. He said someone from accounting would call us. Never heard a thing. I have emailed him several times. In the last couple weeks to our surprise we get all the emails back. He just disappeared. Our account shows the money still there but we can’t get it out. We are trying to take further action but it doesn’t matter what we do or who I email they are all returned address unkown. VERY unprofessional. DO NOT INVEST with GMGROUO.PRO

  32. GmGroup.pro is not a place to trade. They work very hard to have you deposit funds, then you don’t hear from them and cannot get funds back. Very big scam system. Stay away
    They will lure you in, let you withdraw small amounts till you deposit a larger sum. Then
    ” system errors ” or other ” issues” come up where they want you to pay more to get your funds out. And no 2 empoyees give same reason. If they answer at all.
    Run. Far and spread the word. I am.

  33. This is a scam They have $4700 US money of ours and we cant get of our money back out of withdrawal. We have been trying to get our money for a month and nothing GMGroup.pro is nothing but a scam

  39. GMgroup.pro are scammers. They keep asking for more money. They took $2,750. in all.
    They asked me for $2,500 to activate my VIP signal to be able to withdraw my profit, promising to return my money back in my bank account that same day, but ghosted me. DO NOT trust them!

  40. This is a scam.ivy Nelson posted on here and she is the Compliance Manager apparently.They scammed 2500£ out of my crypto wallet and disappeared.i have asked the bank for a charge back and am waiting.Be warned these people have no tespect for us.
    Ivy nelson@gmgroup.

  42. My money is still sitting in withdrawal can’t get it out that’s the G.M. group for you SCAM’S

  44. Yup they got me , brutal scammers all nice when you deposit try withdrawal all of a sudden very rude of course no money in my acct, so if ELLA HOOD calls you hang up and run.. now locked outta my gm acct and ndax no one answers phones emails waste of time hard lesson earned

  45. I have been scammed too been trying to get my money back since May when I realised just a scam. Lucy White also called me saying she will help with withdraw process. I have emailed them will report to fca and police. At least I only lost a small amount. These people are disgusting.

  46. It is a Scam. I can only deposit but unable to withdraw. Lost $260 USD. Funny thing is it shows my amount now $420 USD increased $160 USD but I can only deposit but can’t withdraw. What a scam. They call me to invest more and more but no option to withdraw.

  47. Phoebe Harper and Ivy Nelson work for gmgroup.pro and will sweet talk tou into investing money then they disappesr with your hard earned money. They are scammers.

  48. I have tried to withdraw my money and just sitting in pending. My bank has said they cannot pursue as it is a scam and I paid on debit card. Not impressed with Nat west at all. I have filed a complaint with action fraud and waiting to hear bk. I believe Fca won’t do anything as primecoi n/gm group are unregulated. All in all not good.

  49. Having read all the above messages, I think I have been lucky. I have only lost about £210. This was actually 250 Euros which I had to pay for a training programme. I fell for this. I did query why it should be costed in Euros. I have a femail called Michelle Collins who keeps ringing me to get me to invest more money. I keep telling her that I do not have any money to invest at the moment. She had a foreign accent as did the first woman I spoke to, whose name I can’t remember. I got into this from the facebook thing with Martin Lewis. He probably doesn’t know anything about it. They’re probably using him as a front, as we trust him, so if he says it’s OK it must be!. Anyway, I was told I have a trading account and my £210 seems to have gone into this and when I looked at my trading account, it showed over £1,500 in the account. Michelle says she has been working on my behalf. So I have asked to withdraw £600 just to see what will happen, i suspect nothing. I have reported to FCA and so this is why I will now have nothing more to do with it.

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