Groshare Limited

Groshare Limited is a financial entity registered in Poland, with an official website at grosharelimited.com. The company was established on 12 March 2025, making it a very recent entrant in the financial services landscape. Its registered address is located at Freshwater House, 158-162 Shaftesbury Avenue, London, WC2H 8HR, United Kingdom.

Given the limited public information available, it is difficult to ascertain the precise nature of Groshare Limited's business activities. The company does not appear to be regulated by any major financial supervisory authority, which adds a layer of uncertainty for potential clients. As a result, FXCanary advises caution when considering any engagement with this entity.

Groshare Limited is registered in Poland, but the specific regulatory status remains unclear. Our records indicate that no licences from recognised financial regulators such as the UK Financial Conduct Authority (FCA), Polish Financial Supervision Authority (KNF), or other major bodies are on file. This absence of regulatory oversight is a significant factor in FXCanary's assessment.

The lack of regulation means that clients may not benefit from investor protection schemes, such as compensation funds or ombudsman services, that are typically available with regulated brokers. Traders and investors should consider this as a red flag and conduct thorough due diligence before committing any funds.

Although registered in Poland, Groshare Limited lists a London address at Freshwater House on Shaftesbury Avenue. This dual location is not uncommon for companies seeking a UK presence, but it does not automatically imply that the entity is subject to UK regulatory oversight. The London address may serve as a correspondence or administrative office.

FXCanary cross-checked the provided address against public records. The address is a known serviced office location, which can be used by multiple businesses. This arrangement does not necessarily indicate wrongdoing, but it does reduce the transparency of the company's physical operations.

FXCanary has assigned Groshare Limited a Scam Risk Score of 56 out of 100, classifying it as Elevated Risk. This score reflects several concerning factors: the company's very recent establishment, the absence of regulatory licences, and the limited verifiable information available online. Elevated risk scores indicate a higher potential for unfavourable outcomes, including difficulties in fund withdrawal or outright fraud.

It is important to note that a high risk score does not definitively prove wrongdoing, but it serves as a strong cautionary signal. Prospective clients should weigh these risks carefully and consider alternative, well-regulated brokers that offer transparency and established track records.

In summary, Groshare Limited is a newly formed entity with no clear regulatory framework and minimal public footprint. While it may be a legitimate business, the information available does not inspire confidence. FXCanary recommends that traders avoid depositing funds with unregulated entities until a clearer picture emerges.

We will continue to monitor this broker and update our assessment if new information becomes available. For now, the prudent course is to steer clear and seek services from fully regulated financial firms.