GMG claims to be a trustworthy and experienced broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.

Besides, GMG presents its office address in Mahe, Republic of Seychelles. However, we did not find any match results to GMG in the Seychelles Financial Services Authority (Seychelles FSA). That means GMG is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.