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Broker Group

Severe risk
Panama · 2-5 years · since 2023-01-17 · Broker Group Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.44/10
Trustpilot/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verified regulatory license on file
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~152% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBroker Group Ltd
Headquarters Panama
Founded2023-01-17
Years operating2-5 years
Employees0
Official websitebroker-group.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
P.O. Box APDO 0601-0395 Ave Perez, Azuero BC Panama, Rep. de Panama

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 23 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (35 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Colombia9
Argentina6
Mexico2
Peru2
Nigeria1
Ecuador1
Positive vs negative · last 3 months Pos Neg
Feb
Dec
Apr

Real user reviews

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About Broker Group

Broker Group is a forex and CFD broker based in Panama, with records dating to 2023-01-17. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full Broker Group review