Dossier · Brokerage / CFD firm · CY

GMO Trading.

Also known as: GMO Trading · GMOTrading · Royal Forex Trading SY Ltd

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GMO Trading was a Cypriot-licensed retail CFD brand whose operator faced sustained EU regulator scrutiny over marketing and conflict-of-interest concerns. The CySEC authorisation was eventually withdrawn in 2022 and the brand exited regulated retail markets.

Editorial caveat: Despite the consumer-friendly brand name (resembling Japan's GMO group), this was an unrelated Cyprus operator whose licence was withdrawn following persistent compliance findings.

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Licences on file

Status timeline · 4 events

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Rating legend

Every entity dossier carries a Regulator Record score (0–100, higher is cleaner) plus a band that summarises the score in plain language. The score is arithmetic on public regulator actions — severity × recency-decay — not editorial opinion. Three special bands sit alongside the numeric scale to capture situations the maths alone misses:

  • Major enforcement against a still-active firm, or a long-running pattern of unauthorised activity. Read the timeline before engaging.
  • Operating or operated without verifiable authorisation in any jurisdiction we have records for.
  • Authorisation revoked or withdrawn. May still be visible on the internet under the original brand.
  • Significant enforcement footprint — multiple actions, recent in time, or substantial in size.
  • Holds a current authorisation that the regulator has formally restricted — e.g. an undertaking not to solicit retail clients in a specific region.
  • Multiple regulator findings of varying severity. Current standing requires reader judgement; check the timeline.
  • One or more material regulator findings on record, but the firm remains authorised and the matters appear historical.
  • No material public regulator actions on file. Apparently in good standing.