Grey CM
We checked Grey CM against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
The website of Grey CM is designed simply, with internal links directing visitors to different parts of the homepage, providing limited information about the company and its products. This is not a good sign. The broker claims that it "has the right to do online trading," but only purports to be registered in St. Lucia to support that claim. It is critical to note that St. Lucia is an offshore center known for its lax regulation. More importantly, the country does not license forex trading. In essence, Grey CM is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Grey CM appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Grey CM.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.