GrowyourbasefxStock is a CFD broker whose official domain was registered on August 22, 2023. This broker primarily offers investors access to trading markets including Forex, commodities, indices, stocks, and digital currencies. It does not provide services to countries or regions where such provision would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the public information available on GrowyourbasefxStock's website (growyourbasefx.com), this broker is regulated by both the UK and the Australian Securities and Investments Commission (ASIC). However, all clients will directly deal with growyourbasefxA/S, and all client agreements will be signed with growyourbasefxA/S, thus falling under Danish law.
Upon verification, no registration information for a company named "GrowyourbasefxStock" could be found in the UK Companies House, the ASIC, or the Danish Financial Supervisory Authority (Danish FSA).
Therefore, GrowyourbasefxStock (growyourbasefx.com) is essentially a scam broker website with no corporate entity or regulatory oversight.
Account Opening Process
To open a trading account with GrowyourbasefxStock, visit the broker's official website, click on "Open Account" at the top right corner of the page, and fill out the registration form with your name, phone number, email, and a password. Once submitted and verified, your account will be successfully registered.
Investment Plans
GrowyourbasefxStock offers five different types of investment plans: STARTER PLAN LEVEL 2, BRONZE PLAN LEVEL 3, BRONZE PLAN LEVEL 4, SILVER PLAN LEVEL 5, and GOLD PLAN LEVEL 6.
STARTER PLAN LEVEL 2:
- Minimum deposit: $500
- Expected profit: 2.75%
- Duration: 1-6 months
BRONZE PLAN LEVEL 3:
- Minimum deposit: $1,000
- Maximum deposit: $5,000
- Expected profit: 7.5%
- Duration: 1-2 months
BRONZE PLAN LEVEL 4:
- Minimum deposit: $6,000
- Maximum deposit: $9,000
- Expected profit: 15%
- Duration: 1-3 months
SILVER PLAN LEVEL 5:
- Minimum deposit: $10,000
- Maximum deposit: $20,000
- Expected profit: 30%
- Duration: 1-6 months
GOLD PLAN LEVEL 6:
- Minimum deposit: $30,000
- Maximum deposit: $65,000
- Expected profit: 50%
- Duration: 1-6 months
Trading Platform
GrowyourbasefxStock claims to offer MT4/MT5 trading platforms to its users, but it is not listed on MT4/MT5.
Deposits and Withdrawals
GrowyourbasefxStock's official website does not disclose the supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that GrowyourbasefxStock is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
