Basic Information
Registered Region 
United States
United StatesOperating Period
5-10 years
Company Name
Great Motivation International Company Limited
Global Broker Regulation Inquiry App
WikiFX
Scam Brokers
Score
0
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9
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9
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
GRMFX
United States
|
5-10 years
|
Scam Brokers
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://www.grmfx.com/
Website
Rating Index
Contact
enquiry@grmfx.com
https://www.grmfx.com/
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesNo valid regulatory information, please be aware of the risk!
This platform is a Ponzi Scheme. Please stay away!
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5
52
Website
Disclosure
Comment
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Website
grmfx.com
104.22.72.155Server LocationICP registration--Most visited countries/areas--Domain Effective Date2018-12-05WebsiteWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
User Reviews 52
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Comment 52
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开开心心
China
The original frauds in GRM are here now. Forex investment is a scam, capital tray. The regulators are useless. The event of taking part in Shanghai Money Fair is to win people’s trust!
Exposure
山丫
China
GRMFX gives no access to withdrawal since June, 2019. The company noticed there were hackers attacking customers’ accounts, the regulator began investigating. The investigation will be finished after March. We can trade after the investigation finished. However, the platform can’t be opened after March
Exposure
FX2642557834
China
It has been several months and I can’t get my principal back. The boss of the company is out of contact now. I don’t know what to do.
Exposure
FX1396548525
China
So many people trusted Zhibao Xu and invested in GRMFX . However, he cheated us and embezzled our money. Now he opens some new capital trays. I hope investors can avoid being cheated.
Exposure
FX3489340671
China
Absconded. I hope these frauds will be caught by police early and everyone should beware when you invest.
Exposure
FX1962622662
China
Over $10,000 can’t be withdrawn. Dear president Changwang Fang and teacher Jiaer Cao who is highly analytical, where are your promises and analyses? Do you live at ease with tens of thousands of investors’ money?
Exposure
李阳66469
China
The website of GRM is disabled today. Abscond. I can’t withdraw since April. My own personal experience.
Exposure
航42862
China
GRM absconded. Unable to log in and withdraw!! Absolutely a scam! I was cheated by acquaintance!
Exposure
罗夫人
China
GRMFX noticed that the positions would be closed for three months on May 31. It’s August 31 now. I can’t withdraw my funds. The people in charge are all gone and can’t be contacted.
Exposure
FX9073060142
China
I wish it’s not real. I can’t withdraw since May, 2020. I was notified the withdrawal was available in June, however, withdrawal was still unavailable. I trust GRMFX because it was under supervision of FINTRAC. I also told my friend to add over 10,000.
Exposure
小丑君
China
How can I withdraw my funds? I don't know whether my funds can be withdrew. It has been in audit for a long time. My request to withdraw is rejected all the time.
Exposure
明雨
China
The withdrawal is unavailable for 2 month. GRMFX has absconded. The business school continued to scam.
Exposure
FX8499657504
China
This fraud has ceased the trading and absconded. The brokerage also run away.
Exposure
明雨
China
Now they continued to rip victims. All parties have called the police. Hope these frauds be sentenced soon.
Exposure
阿欢
China
GRMFX claimed that the profit could be available after June 10th. Now is has locked the position and absconded. It is a rip-off.
Exposure
FX3450247462
China
The Malaysian fraud induced us to deposit and gave no access to withdrawal. Now he has been disappeared.
Exposure
FX2341429810
China
The withdrawal is unavailable. The leader has been disappeared.
Exposure
Pouppo
China
The platform kept holding off.
Exposure
-Metade FumacaHalf Smoke
China
GRMFX said that the profit was available, with fund available after March. Now it backed out everything, which indicated that it had absconded. I have called the police.
Exposure
山高
China
The company has absconded. My position was doomed to liquidation!! I have called the police!!
Exposure
芈彙龘龘
China
The withdrawal is unavailable since May 18th. GRMFX noticed that it would back to normal after June 10th. But the withdrawal is yet to be received as of 19th. The leader of GRMFX kept holding off.
Exposure
明雨
China
Both withdrawal and profit are unavailable in GRMFX . Hope you seize the gang of Tang Hai, Xu Zhibao and Pan Ling soon.
Exposure
纯粹
China
A deposit was required before making a withdrawal.
Exposure