The site is owned by a British company that calls itself a leading Forex brokerage and claims that its trading platform is “highly valued by professionals”. According to the site’s information, the brokerage firm is based in Switzerland. However, there is no confirmation of this. In addition, there is no financial license.
Do you want to cooperate with this firm? If you have serious doubts about the safety and reliability of SixGroupTrust, read our review about this broker.
How to Trade
All brokerage services are subscription-based and require prepayment. According to the Terms and Conditions, the subscription period is at least 1 month and payment is available for 3 and 12 months. The firm offers clients:
- CFDs on over 300 assets.
- Minimum deposit from $10,000.
- Seven types of trading plans.
- Two types of currencies – dollars and euros.
The company does not disclose the most important trading conditions. For example, commissions, spreads, and leverage remain unknown.
Bonuses and promotions are available on this platform at certain times. Customers can contact support via the feedback form.
SixGroupTrust Vital Info
The company hides the names of the founders and the start date of the project. However, the website lists more than 300,000 customers. Why doesn’t the broker share its experience of how it attracted so many users, even without social media accounts? Probably because the platform has been running for a short period of time, as the domain was created less than half a year ago, at the end of July 2024. Please note that the platform could not exist without a website.
How is this broker regulated? The owner of the resource is allegedly British SixGroupTrust Management Ltd ®2023, which has an office in Geneva. We have checked the registers of the financial commissions, FCA in Great Britain and FINMA in Switzerland. However, there is no such organization in them. What about the company’s registration? If you open the link by clicking on “SIX” in the top left corner of the website, you will be taken to the UK Register (Companies House) page. You will see there the details of “SIX GROUP SERVICES LIMITED” registered in October 2023. However, this firm with a similar name is not related to the site we are researching.
I tried trading here and I can safely say that this broker is a scammer. This company regulates trading itself, and it doesn't take trades to the interbank market because that's what the crooks running the platform want. However, you can easily guess how profitable it will be for you to cooperate with this pseudo broker!! Don't mess with it!
This platform has a simple website, it looks like a one day firm, of course it could be much worse, but even such a broker can't interest me as a trader. In addition, I have read a lot of negative reviews about SIXGROUPTRUST. Many users say that opening and closing of orders takes a long time and slippages happen.
The manager promised to insure my funds, and when it came to losses due to their system failure, the broker refused to compensate me. SIXGROUPTRUST staff told me that my case was not covered under the insurance policy. How so? They blame all their mistakes on their customers but ignore their obligations.
The margin requirements of this company just amaze me with their unpredictability. For example, they decided to double the margin requirements last night at some point and all my trades were liquidated. How can this be done without warning??!! The broker has no respect for customers, no understanding!!! After all, it's just rude! I recommend you: stay away from these scammers sixgrouptrust.net, otherwise your money will end up in their pocket.
These guys are just scammers. I set a stop loss at 5% of my deposit, but somehow they missed it and my account dropped by 20%. I tried to look into the situation, but the Sixgrouptrust support operators said it was a problem on my side and there was nothing they could do. Obviously, I will be blamed for all their shenanigans.
Of course, I regret that the rates are only available with a minimum deposit of $10k. It seems that Sixgrouptrust broker is focused on traders with large capital. However, this is not a problem as I mostly trade currency pairs. I choose the usual USD/CAD, GBP/JPY and BTC/USD. The first two pairs are great for the London session and the third one is perfect for the American, well, it's bitcoin, the crypto market :) I think there is no need to explain to you why this is so. I am satisfied with the trading conditions - it is quite possible to trade in the black on sixgrouptrust.net. In two months my deposit increased from 12k to 17k dollars. This is more than 40%, and I am satisfied with this result. Of course, if the amount was bigger, for example, $50,000, the profit would be $20,000 and it would look quite different. However, this is a good start!
I have only negative impressions about this intermediary. I have been working with this broker for more than 4 months, and I noticed that the execution of orders is very slow. Before that I also had a bad experience with another forex company, due to constant slippages. I have already lost hope that I will find a good intermediary
Only positive reviews are on their website sixgrouptrust.net, but that's just a lie! Would any of you like me to explain how this broker really works! In fact, the company delays withdrawals for weeks and requires more and more documents for verification. As a result, my 17k dollars never came back to me. All calls are ignored and the employees play some bureaucratic comedy.
I did not find any advantages of this broker! The main disadvantage of the project is that the money is not withdrawn! In addition: expensive service. I opened an account here six months ago and deposited 10,000 euros. However, there was almost no trading - the platform froze, and I was never able to withdraw the balance! In short, it's a total scam! I do not advise you to get involved in this roulette.
The main thing in the work of the intermediary that it withdrew promptly the money of clients, and everything else is secondary. I have already withdrawn a total of more than $43,000, although my initial deposit was only $25,000. As you can see, the broker fulfills its obligations and allows you to earn MONEY! I will note that trading is still an additional source of income for me, but I hope that in time it will become the main one. I'll see what happens next, but for now I'm glad I found a reliable broker to work with
I read reviews about this scam and I don't understand why people still fall into such traps. Really, is it normal to invest money first and then find out what kind of company it is? This is some kind of weird “investment strategy”, don't you think? If at least one of the victims had taken a couple of minutes to check Sixgrouptrust's data, everything would have become clear. The address listed is an absolute hoax and a fake, there is no such company on it. Google maps, basic registries all confirm it's a fake. Licenses? They simply don't exist, despite loud claims about regulators in Switzerland and the UK. Checking the registries of licensed companies immediately shows that this garbage has no permits. And the domain sixgrouptrust.net? It's not registered until 2024. This is a typical scheme for such scammers: to draw “plausible” addresses and contacts on the site so that gullible traders believe in their mythical reliability. You should always check out a company before you give them money. If people bothered to study reviews and testimonials, they would be convinced that Sixgrouptrust is a scam, and they would immediately realize how dangerous it is to come even close to this place.
I have been trading on this terminal for a month and it is probably one of my worst trading experiences. There quotes are not realistic at all, the difference is just huge from the one in the real market, stop loss is constantly being knocked down, orders are automatically closed. All in all, I lost all my €10k that I couldn't withdraw before a month and I don't recommend this scam.
This is a total scam! I invested 13,000 dollars and could have traded here for a long time, but as soon as it came to withdrawal, the surprises started. SIXGROUPTRUST blocked my account and said I broke some of their rules. What rules?! All the money is mine, but these crooks won't give it back to me! They don't want to talk at all, they don't answer emails. Friends, stay away from these crooks!!!
I can immediately say definitely that SixGroupTrust is a typical scam platform. No investigation is needed here: the site looks like a template fake, typical of desktop B-books. You can take a look at the license section. SixGroupTrust doesn't have one? Why? The company provides a link to a UK registration. You'll immediately see that it's a different brand that has a name made up of 3 words: Six Group Trust, and these crooks made them into one - SixGroupTrust. Also, I suggest you look at the registers of the regulatory bodies of these countries, it can be done in 5 minutes. I assure you that there is not the slightest mention of this broker there. All office addresses of this broker are fake, invented in order to mislead beginners and gullible traders who do not bother to check the information. This is the main goal of these crooks - to lure naive people and pump money out of them. I see the abundance of such sites online, and it becomes clear to me that their scheme works. If there were no gullible traders that they deceive, such scam sites would not exist at all...
First, the company claims that it has offices in Europe and is regulated by several major commissions, which inspires confidence. Second, SIXGROUPTRUST claims that its team has accumulated experience and understands how to meet the needs of its clients. I will note that I have been trading here for a few months now and so far so good. Trading conditions are quite comfortable and withdrawals are stable. I have already requested withdrawal six times for amounts from $3,600. All my requests have been processed normally at sixgrouptrust.net. It took a little longer the first time because I had to pass KYC, but then everything went instantly. By the way, verification is really fast at SIXGROUPTRUST - in a few hours, not days as in other companies. This is a good place to trade forex, both for making money on trades and withdrawing funds. Finally, I haven't noticed any suspicious activity or hints of fraud in all my time here, and I doubt I'll see anything like that.