Score

3.87 /10
Danger

GT247.com

South Africa

2-5 years

Regulated in South Africa

Financial Service Corporate

MT4/5 full license

Regional Brokers

Suspicious Overrun

Medium potential risk

Influence

C

Better than 53.5% brokers
Open Account
Website

Score

License Index3.51

Business Index6.47

Risk Management Index0.00

Software Index6.13

Regulatory Index3.49

Influence

C

Better than 53.5% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+27 010 141 2201

Broker Information

More

Company Name

Purple Group Limited

Company Abbreviation

GT247.com

Platform registered country and region

South Africa

Company website

Twitter

Facebook

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2022-10-04
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 46315)National Futures Association-UNFX Non-Forex License, please be aware of the risk!

WikiFX Verification

News

NewsWIKIFX REPORT: Purple Group targets growth opportunities amid strong results

Financial services and technology company Purple Group on Monday (11 April) reported a 36% increase in revenue for the six months ended February 2022, to R137 million.

WikiFX
2022-08-29 14:27
WIKIFX REPORT: Purple Group targets growth opportunities amid strong results

NewsEFFECTIVE TRADING STRATEGY

Are you thinking of your loss in forex and don’t know the type of forex strategy that you want to use? Are you on the lookout for the perfect one? We've compiled a list of the most effective trading techniques for you! Read the short descriptions of each one and pick which one best fits you.

WikiFX
2022-04-23 13:00
EFFECTIVE TRADING STRATEGY

NewsHOW TO USE MT4 WEBTRADER: A STEP-BY-STEP GUIDE

The MetaQuotes Software introduced the MetaTrader 4 trading platform in 2005, which is an electronic trading platform that incorporates all of the necessary trading functionality and analytical capabilities.

WikiFX
2022-04-22 15:02
HOW TO USE MT4 WEBTRADER: A STEP-BY-STEP GUIDE

NewsWhat really is the situation with FX traders?

Forex trading is causing a stir on social media, with many people drawn in by the promise of making a lot of money with little work, especially as a lucrative side gig. So, what's the issue with all the hullabaloo? Is it just a get-rich-quick gimmick, or can you truly start making millions?

WikiFX
2022-04-21 12:33
What really is the situation with FX traders?

NewsIs forex trading a safe investment for South African Traders?

There is a major concern today regarding the security of the capital invested into the forex market by the majority of South African traders. Many tend to ask if the funds are safe with the brokers while others seek some guarantee for profits over invested capital. However, there are two major considerations that determine the degree of security offered to investors' funds. These two factors which border on regulations and the type of broker involved have been discussed fully in this work.

WikiFX
2022-04-19 11:57
Is forex trading a safe investment for South African Traders?
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