Is SixGroupTrust a Scam? The Facts You Need to Know

The dealer offers brokerage services with access to margin and spot trading. The brand was established in 2024, yet trust levels within the community remain minimal, leading to negative client reviews. The platform operates solely through a browser-based trading system with minimal liquidity, and regulatory details are deliberately concealed. This article examines whether sixgrouptrust.net is a scam.

Company Highlights

Key SixGroupTrust Trading Features

SixGroupTrust offers multiple account types with varying levels of additional services and basic trading conditions. Upon registration, users can open one of the following accounts: Bronze, Silver, Gold, Premium, or Platinum. As the deposit amount increases, the range of privileges expands, although the actual usefulness of such advantages is questionable. Below, we analyze not only the trading parameters but also the drawbacks of working with this company.

The minimum deposit required to start working with this broker is $10,000 — an excessively high threshold and a major red flag. Additionally, the absence of a demo account forces novice traders to invest significant amounts without any trial opportunities. To access all premium privileges, deposits can reach up to $1 million.

Details on leverage are deliberately obscured. Instead of specifying margin requirements, the company vaguely advertises “high leverage” without disclosing specifics. In reality, leverage may reach up to 1:500, which violates the regulatory standards of most European countries.

The broker’s secrecy extends further, as information on spreads and commissions is also unavailable. Premium account holders are granted up to five risk-free trades per month, but these conditions often lead to inevitable losses. Additionally, the company promotes investment offers with promises of guaranteed returns and partnerships with so-called experts who supposedly minimize investment risks.

Ultimately, the primary issue with these trading conditions is the intentional withholding of information regarding spreads, leverage, and commissions. Furthermore, the company aggressively markets accounts requiring higher deposits, with the minimum threshold set at an exorbitant $10,000.

Overview of Available Trading Instruments

SixGroupTrust claims to offer trading in the following financial instruments: currency pairs, cryptocurrencies, indices, stocks, and commodities. The number of available assets exceeds 300, but as is common with fraudulent brokers, the actual selection is significantly limited. This limitation is due not only to the firm’s reputation but also to restrictions within the trading platform itself.

The range of financial instruments does not expand with account upgrades, meaning higher deposit levels do not provide access to additional assets. One of the broker’s main focuses is cryptocurrency trading. Despite no explicit mention of CFD, such transactions are permitted, raising further concerns. These red flags make it highly unlikely that traders will achieve any significant profits.

Sixgrouptrust.net Trading Platform Analysis

SixGroupTrust operates solely through a browser-based terminal, imposing multiple restrictions on users and eliminating the possibility of mobile trading. The company provides no downloadable applications for Android or iOS, further limiting accessibility.

The first major red flag is the browser platform’s interface. Basic technical indicators and oscillators are absent, and users cannot implement their own strategies. Additionally, order execution speeds are problematic, a clear indicator that this broker operates as a “forex kitchen,” meaning trades do not reach interbank markets. As a result, the company directly benefits from client losses.

Additional Services

SixGroupTrust advertises a variety of additional services, although in reality, these consist mostly of non-existent privileges rather than concrete trading advantages.

One of the most commonly promoted services is personal account management, where a designated broker supposedly guides clients through the platform. The firm also markets risk management strategies and training sessions with so-called experts. VIP accounts are offered with an increased number of risk-free trades.

In practice, traders will not find quality educational materials or substantial benefits within the company’s bonus system. There is also no referral program or reward scheme for active users.

Fee Structure. Are You Paying More Than You Should?

SixGroupTrust operates with an extreme level of secrecy compared to other brokers in the market. The administration does not disclose details regarding trade execution, payment methods, or associated commissions. No information is provided regarding order execution costs or inactivity fees.

Despite this lack of transparency, the company aggressively promotes its bonus and subscription systems. Some trading privileges require purchasing a subscription, and in certain cases, cooperation with the broker is impossible without fulfilling such conditions. The details of these bonuses remain unclear, as offers are made individually and may be revoked under arbitrary pretexts.

Legitimacy of SixGroupTrust

The legitimacy of SixGroupTrust is as questionable as its basic conditions and fee policies. The broker operates illegally and is not licensed in the United Kingdom or by any European financial regulators. It lacks authorization even from offshore regulatory bodies, which often issue licenses to high-risk brokers.

The company’s website does not provide any regulatory disclosures, and firm representatives avoid discussing compliance matters. Although a link to the Companies House register is present, the legal entity listed has no connection to the dealer. Additionally, the company’s status in the registry is marked as “Confirmation statement overdue.”

Consequently, working with this purely online brand inevitably results in financial losses. The absence of a personal account system also suggests that document verification is not conducted.

The Broker’s Past and Present

SixGroupTrust has been operating since 2024. This raises concerns about its reliability, as its brief history explains its lack of recognition and poor reputation. Traders can verify the company’s operational history by checking its domain registration details via Whois or Webarchive services.

Conclusion

We strongly advise against working with SixGroupTrust. The broker is unlicensed in Europe and the UK, offers highly unfavorable trading conditions, and withholds essential information on spreads and commissions. Reports indicate instances of account blockages, and document verification is not conducted.

Weighing the Pros and Cons

Common Questions