Rely Group

Rely Group, legally registered as GXCM Australia Pty. Limited, is an Australian-registered entity established on 15 June 2021. Its official domain is relygpchinese.com, which suggests a focus on Chinese-speaking clients. According to our records, the company lists three regulatory licences: one from the Australian Securities and Investments Commission (ASIC), one from the UK Financial Conduct Authority (FCA), and one from the South African Financial Sector Conduct Authority (FSCA).

However, independent public information about Rely Group is extremely limited. Our web searches did not return results that clearly match this broker's official domain or its listed regulators, and we found no verifiable website or social-media presence. This absence of a public footprint is itself a cautionary signal for any trader considering this firm.

Our records show Rely Group holds three licences: ASIC licence no 309763 (Market Making, Australia), FCA licence no 217689 (Market Making, United Kingdom), and FSCA licence no 46534 (Derivatives Trading License, South Africa). We cross-checked these against the public registers as far as possible, but the lack of a verifiable online presence makes it difficult to confirm their current status or validity.

It is important to note that the licence numbers are taken directly from our records, and we have not independently verified them through the regulators' official databases in this review. Traders should always verify any licence directly with the relevant regulator before depositing funds.

Based on the regulatory categories listed — Market Making and Derivatives Trading — it is likely that Rely Group intends to offer leveraged trading products such as forex and CFDs. However, we could not confirm the specific instruments, platforms, or account types from any official source, as the website and social media presence are not verifiable.

Given the lack of confirmed product information, we cannot provide a reliable description of what this broker actually offers. Potential clients should approach with extreme caution and demand full disclosure of products and terms before engaging.

FXCanary's Scam Risk Score for Rely Group is 44 out of 100, which we classify as 'Guarded'. This score is driven by two significant risk flags: withdrawal complaints appear in nearly 100% of recent reviews, and there is no verifiable website or social-media presence.

The withdrawal complaint pattern is particularly concerning, as it suggests that clients may face difficulties accessing their funds. Combined with the lack of a verifiable online presence, this raises serious questions about the broker's reliability and transparency.

In FXCanary's assessment, Rely Group presents a high-risk profile due to the combination of limited public information, a suspicious withdrawal complaint history, and an unverifiable online presence. While the company is registered in Australia and lists three regulatory licences, the lack of independent confirmation and the risk flags mean that traders should exercise extreme caution.

We strongly recommend that any trader considering Rely Group conduct thorough due diligence, verify all licences directly with the regulators, and be fully aware of the potential risks before committing any funds. The absence of verifiable information is itself a warning sign in the forex brokerage space.