Reported as a scam / unregulated
Why Grey CM is on the register
The website of Grey CM is designed simply, with internal links directing visitors to different parts of the homepage, providing limited information about the company and its products. This is not a good sign. The broker claims that it “has the right to do online trading,” but only purports to be registered in St. Lucia to support that claim. It is critical to note that St. Lucia is an offshore center known for its lax regulation. More importantly, the country does not license forex trading. In essence, Grey CM is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. Grey CM appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.