Groshare Limited Review and Website Analysis

It seems like another “golden ticket” to financial independence and Forex trading has appeared on the market — the brokerage company Groshare Limited. Flashy promises, impressive figures, licenses, and enticing conditions. However, is everything really as smooth as they want to portray? Let’s break it down in this review and find out what’s really behind this façade and why questions are already starting to arise around this platform. Perhaps we are dealing with yet another scam, luring in unsuspecting traders only to leave them with empty pockets.

Brief Overview

• 🖥Official Website: https://groshareltd.com/, https://grosharelimited.com/
• ✈️Contact Address: Freshwater House, 158-162 Shaftesbury Avenue, London, WC2H 8HR
• 📞Customer Support: +48573588507, +48573588508, [email protected]
• 🔐Licensing and Accreditation: no
• ⏳Track Record: 2024
• 🧰Specialization: brokerage service
• 🤝Terms of Cooperation: $100, 1:200
• 💰Additional Services: daily analytics, trading tutorials

Groshareltd.com Examination

At the top of the official website, you’ll find a navigation menu covering account types and the trading platform, available assets, general company information, and additional tools. On the right, there are login and registration buttons, along with a language switcher. Groshare Limited supports English, German, Polish, and Russian. Overall, the website’s structure is standard and typical for any online broker.

Fonts, color schemes, and the placement of informational blocks are acceptable, but everything else is a disaster. The key information about the broker is hidden behind a veil of grandiose phrases and buzzwords, yet there’s no concrete data to back it up. All we see are empty slogans about “trust”, “partnership”, and “unique conditions”. However, try looking for real documents, regulatory details, or legal information — there’s nothing. It feels like the website is more focused on creating a flashy appearance rather than providing a legitimate business offering.

The texts on the website deserve a separate mention. There are plenty of them — long, bulky, and meaningless. Every section is packed with fluff and lacks any clear facts. It creates the impression that everything is written just to mislead beginners and give the illusion of a serious company.

The images look cheap, artificial, and overly staged — people with forced smiles, supposedly successful traders, and charts that mean nothing. It all looks ridiculous, as if Groshare Limited simply grabbed random stock images from the internet and slapped them onto their site.

Overall, the company’s website strongly resembles that of a typical scam: empty promises, a flashy but meaningless design, and a complete lack of real information. Any experienced trader will immediately recognize it as a cheap fake with nothing of value behind it.

Company Contacts

All that’s offered to clients is a feedback form and an email address that, as it turns out, simply doesn’t exist. Yes, you read that right — there is no real email, and all messages sent to it just disappear into the void. It seems Groshare Limited didn’t even bother to create a functioning address because they simply don’t need to communicate with clients.

Another glaring downside is the lack of an online chat. In today’s world, reputable companies provide real-time support where customers can ask questions and receive immediate answers. Here, however, Groshare Limited completely ignores modern service standards. If you encounter any issues, you’ll have to wait for an “email response” that will never come. Clearly, customer support is not a priority for them.

Key Conditions

The trading conditions offered by Groshare Limited raise a lot of questions and seem more like a trap for beginners. Why does the homepage list a minimum deposit of $100, when in reality, opening the first account tier requires at least $2,500? What’s the point of depositing anything less if traders can’t even start trading?

For most traders, $2,500 is an unreasonably high amount, especially considering that there are many brokers on the market with far more reasonable conditions. However, the most interesting part is that for this money, you get the bare minimum — regular spreads, standard tools, and questionable support.

The leverage of up to 1:200 is far too risky, especially for inexperienced traders. Such high leverage can wipe out deposits with the slightest market movement against the trader’s position. Reputable brokers offer more balanced options where risks can be managed. Here, however, it feels like Groshare Limited is deliberately setting clients up to lose their deposits.

The commission structure is also suspiciously vague — ranging from 1% to 7%. It’s unclear what exactly these percentages apply to, and what the real trading costs are. The range is too broad, and even 1% is quite steep considering that traders also have to pay spreads. We highly doubt that trading here is profitable.

And of course, the grandiose promises — particularly in the “Savings Account” section, where the broker guarantees annual returns of 9% to 18%. For the forex market, this sounds like an outright scam, as returns depend on numerous factors, and fixed percentages are simply impossible. This is a clear sign that the company is targeting inexperienced investors who believe in “guaranteed” returns. Such claims also hint at a potential HYIP, which is yet another major red flag for Groshare Limited.

Exposing Groshare Limited

Now it’s time for the most important part of our review. The company needs to be verified: licenses, legal address, operational period, and other aspects of its activity. Let’s start with the licenses.

Groshare Limited briefly mentions having a license but doesn’t disclose which regulator issued it, when it was obtained, or provide any links to an official registry. So, we had to verify it ourselves, turning to the FCA — the UK’s financial authority — since one of the company’s headquarters is supposedly located there.

The screenshot above clearly shows that Groshare Limited is not listed in the FCA registry. How could that be? Isn’t this supposed to be a UK-based company? Or is it not? Fine, let’s check the official business registry.

It turns out that a company with this name does exist in the UK, but pay attention to the founding date — 1962. This Groshare Limited has nothing to do with the so-called brokerage platform. Do you really believe this firm has been around for over 50 years? Ha! That’s ridiculous.

The broker we’re reviewing only appeared in 2024. Both of its domains, groshareltd.com and grosharelimited.com, were registered at the end of 2024. These websites have no connection to the original Groshare Limited. This is just an attempt to scam people using someone else’s established name.

What Reviews Do Users Leave?

Another clear indication that this is a fresh scam with no real reputation is the lack of reviews online. No one knows about Groshare Limited, and that’s a major red flag. Here’s yet another reason to avoid dealing with this pseudo-broker.

Conclusions

Groshare Limited is a textbook example of a scam broker hiding behind flashy words and grand promises. The lack of licenses, unrealistic conditions, and fake contact details speak for themselves — trusting such a “partner” is simply out of the question. If you don’t want to lose your money, stay far away from this dubious firm.

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