brokers

General Trust Group: Reviews-SCAM

Contact

  • Site: generaltg.com;
  • Email: support@general-tg.com;
  • Phone: +48780908889;
  • Office location: Switzerland.

General information

General Trust Group positions itself as an international CFD broker that provides services in 80+ countries around the world. After registering on the platforms, users can trade CFDs on currencies FX, stocks, cryptocurrencies, metals, indices, energies. WebTrader is used as trading software. The broker does not indicate the size of the minimum deposit, but there are several tariff plans on the platform. Features are as follows: swap discount in some types of accounts, leverage – up to 1:400. To replenish the balance and withdraw profit, you can use a bank transfer and cards.

According to legend, General Trust Group has been operating since 2020, but we found only new reviews about the company. Checking on a specialized whois service helped to understand why. The GENERALTG.COM website was registered in March 2023. This is a new project, the organization is deceiving about a solid work experience.

There are no legal documents on the platform confirming the legality of the broker’s work. The General Trust Group has not published scanned copies of the license and certificate of incorporation. There is only information that its headquarters is in Switzerland. We also found internal documents on the platform that regulate the rights and obligations of traders. In the reviews, users write that the broker has set unenforceable rules.

Summing up

We think that General Trust Group is a black broker that operates illegally and deceives clients. Trader reviews confirm this. If you register on this platform, you may lose money. Post reviews and share your personal opinion or trading experience with this company.

Don’t invest here!!! General Trust Group is a scam!!!! The company promises a large income, but does not pay a profit. I was forced to pay commissions and insurance, but still they did not give me the money.

My family lost all their savings because of the General Trust Group. I do not recommend trusting your money to this fake broker. The company imitates trading and steals user deposits.