Great Virtue is a stock brokerage firm established in 2023, principally providing investors with trading services in financial derivatives such as stocks, options, futures, and funds. As an emerging broker, Great Virtue lacks effective regulatory licenses, and its official website lacks transparency.
Corporate Background:
Founded in 2023, Great Virtue is a brokerage firm offering a variety of financial product trading services to investors. The broker was registered in 2023, but details such as its physical location and place of registration have not been disclosed. Great Virtue focuses on offering trading services in financial products including stocks, options, futures, and funds. The official domain name of the company was registered on July 21, 2023, less than a year ago.
Regulatory Status:
Currently, Great Virtue is not regulated by any financial regulatory authorities, which means its stock-related services are unregulated. The absence of effective regulation poses safety risks for brokers, and investors should be cautious in selecting a partner. Investors are advised to choose brokers that are strictly and legally regulated to protect their rights and reduce investment risks.
Website Design:
The website design of Great Virtue has raised doubts among investors. Investigations found the broker's website content and design to be highly similar to that of many other brokers, even possibly using the same website template. Compared with websites of brokers like AUSFIT MART, REALORD ASIA PACIFIC SECURITIES, and RUISEN SECURITIES PTY LIMITED, there is a high degree of overlap in the content and design of the Great Virtue website.
There may be some connection between these brokers, or they may be involved in fraudulent activities. Therefore, investors should remain vigilant about such brokers to avoid falling into potential traps. Before investing, it's crucial to conduct thorough investigations and reviews to ensure the chosen broker is trustworthy and able to protect the interests and security of investors' funds.
Trading Products:
The broker offers a variety of trading products, including stocks, options, futures, and funds, covering a wide range of market, financial, and capital indicators for investment choices. However, the broker's official website lacks specific trading information, such as trading hours, conditions, spreads, leverage, and commission fees. Therefore, investors should exercise caution when choosing this platform for trading and be aware that all investment activities involve risks, which may not be suitable for every investor.
Deposit and Withdrawal Methods:
Great Virtue offers fast withdrawal services, reportedly within the same business day, aimed at promptly processing withdrawal requests. However, details such as available deposit and withdrawal methods, related fees, processing times, and minimum/maximum transaction limits have not been mentioned. Investors should pay attention to these details when choosing this platform, to ensure understanding of the specific conditions and requirements for deposits and withdrawals.
Trading Software:
The broker provides a trading software named Great Virtue, supporting both Android and iOS operating systems, facilitating mobile trading for investors. However, there is a problem with the download button on the official website, which cannot navigate to the download page, possibly inconveniencing users and preventing direct software download through the official website. Additionally, there is no registration button on the website, preventing users from completing the account registration process directly. Given the lack of account types and specific account information, investors should remain vigilant when choosing this platform, ensuring they fully understand the services and trading conditions offered.
Customer Support:
The main channel for customer service provided by Great Virtue is through online messaging. Traders can contact their customer support team at any time for help with any questions or concerns. Online messaging offers traders a convenient way to contact customer support for assistance with account-related matters or technical issues.
However, specific details about the customer support team's working hours, response times, and service levels have not been mentioned. Therefore, investors interacting with this platform should pay special attention to these aspects to ensure they can receive the necessary support and assistance in a timely manner.
Conclusion:
Great Virtue is a stock brokerage firm lacking effective regulation, and its services, such as stock trading, may present security risks. The broker's website information lacks transparency, with important details like spreads, leverage, and account types not disclosed. Investors are advised to steer clear of such precarious platforms to protect their financial safety.
Currently, Great Virtue is marked as "suspected fraud" on TraderKnows.
