About Volume Groups
Company Overview
Volume Groups (operating as Volume Groups Fx) is a forex and CFD broker registered in Turkey. It was founded on May 13, 2019, and is based in Istanbul at the address: Balabanağa Mahallesi, Büyükreşitpaşa Caddesi, Kurultay Sokak No:35 D:201 Kat 2, Laleli, Fatih. The broker offers trading in forex, commodities, indices, and shares through the MetaTrader 5 platform. It targets retail traders and promotes its multilingual support as a key advantage.
Regulation and Safety
Volume Groups currently holds no regulatory licenses from any known financial authority. Our records show no registered regulators, and the broker does not display any license information on its website. This lack of oversight is a major concern for traders. The FXCanary Scam Risk Score for Volume Groups is 75 out of 100, indicating a severe risk level. Traders should be aware that unregulated brokers offer no investor protection mechanisms such as compensation schemes or dispute resolution services.
Trading Platforms and Software
Volume Groups exclusively uses MetaTrader 5 (MT5), a widely respected multi-asset platform. MT5 provides advanced charting tools, multiple timeframes, technical indicators, and automated trading via Expert Advisors (EAs). The broker offers MT5 for Windows desktop, as well as mobile apps for iOS and Android, allowing trading on the go. The platform supports multiple languages, including Arabic and English.
Markets and Instruments
The broker claims to provide access to forex, commodities, indices, and shares. Specific instrument lists or contract specifications are not detailed on the website. Given the use of MT5, typical offerings may include currency pairs, precious metals, energy futures, stock indices, and individual stock CFDs. However, traders should verify availability and trading conditions directly with the broker.
Account Types and Funding
Volume Groups offers both demo and real trading accounts. The website prominently features buttons to open real or test accounts, but does not disclose specific account types, minimum deposits, spreads, or leverage. Funding methods are not listed on the site. Traders will need to contact support or register to access detailed account information.
Customer Support and Education
Volume Groups provides customer support via phone, email, and a contact form on its website. The broker also maintains educational content, including a learning section with articles on forex basics, trading psychology, and broker selection. Social media presence is noted on Facebook, Instagram, and YouTube.
Who Is Volume Groups For?
Volume Groups may appeal to traders who prefer the MT5 platform and require multilingual support. It might be suitable for experienced traders willing to trade with an unregulated broker. However, due to the severe risk score and lack of regulatory oversight, it is not recommended for risk-averse traders or beginners.
Overview compiled by FXCanary from regulatory records and public data. full Volume Groups review