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/10

GRUPO CORIL

Germany Germany | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.grupocorilsab.com/index-i.html

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Peru Peru 2.47
Surpassed 15.60% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+51 (511)611-8000
https://www.grupocorilsab.com/index-i.html
Calle Monterosa N° 256 Piso 12, Chacarilla del Estanque – Santiago de Surco - Lima 33 – Perú

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Germany
Operating Period
5-10 years
Company Name
GRUPO CORIL
Customer Service Email Address
info@grupocoril.com
Contact Number
+515116118000
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • grupocorilsab.com
    107.180.57.120
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
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Company Profile

Company Profile

Review summary

Aspect Information
Company Name Grupo Coril
Registered Country/Area Germany
Founded Year 1992
Regulation Not regulated
Market Instruments Securities, Money Exchange, Financial Advisory
Account Types N/A
Minimum Deposit N/A
Maximum Leverage N/A
Spreads N/A
Trading Platforms N/A
Customer Support Phone at +51 955 372 706 or email at sab@grupocoril.com

Overview of GRUPO CORIL

Established in Germany in 1992, Grupo Coril offers financial services, including securities intermediation, money exchange, and financial advisory.

With $8,705 million assets under management and a presence in seven regions of Peru, it stands out as a leading non-bank securitization provider. Holding ISO 27001:2013 certification, it ensures information security.

Despite its growth and various trading assets, Grupo Coril operates without regulatory oversight, limiting transparency. Additionally, its limited customer support hours and absence of a trading platform may inconvenience clients.

Overview of GRUPO CORIL

Regulatory Status

GRUPO CORIL operates without regulation.

This absence of oversight poses risks as there are no guidelines or checks in place to ensure compliance with standards. Without regulation, GRUPO CORIL's practices, such as financial transactions and operational procedures, lack transparency and accountability.

Pros and Cons

Pros Cons
$8,705MM assets under management Lack of regulatory oversight
Presence in 7 regions of the country Lack trading platform
Highest growth fiduciary
Leading non-bank securitization provider
ISO 27001:2013 Information security certification
Provides financial advisory

Pros:

  1. $8,705MM assets under management: Grupo Coril manages a substantial amount of assets, totaling $8,705 million. This significant figure indicates the trust and confidence clients place in Grupo Coril to manage their investments effectively. It also suggests the company's ability to handle large-scale financial operations.

  2. Presence in 7 regions of the country: Grupo Coril has established operations in seven regions across the country, including Lima, Piura, Chiclayo, Trujillo, Arequipa, Huancayo, and Cusco.

  3. Highest growth fiduciary: Grupo Coril is recognized as the fiduciary with the highest growth rate. This accolade reflects the company's successful performance and expansion within the financial industry.

  4. Leading non-bank securitization provider: Grupo Coril is a prominent provider of securitization services, distinguishing itself as a leader in the non-banking sector.

  5. ISO 27001:2013 Information security certification: Grupo Coril holds the ISO 27001:2013 certification for information security. This certification signifies that Grupo Coril adheres to international standards in managing and safeguarding sensitive information.

Cons:

  1. Lack of regulatory oversight: Grupo Coril operates without regulatory supervision or oversight.

  2. Lack trading platform: The absence of a trading platform may limit clients' ability to execute trades independently and access real-time market information. Clients may rely on alternative platforms or brokers, potentially resulting in additional costs or complexities in managing their investments.

Pros and Cons

Market Instruments

Grupo Coril offers a range of trading assets through its services:

Market Instruments
  • Securities Intermediation: Facilitating the purchase and sale of financial instruments in both local and international markets, utilizing stock exchanges or over-the-counter mechanisms.

  • Structuring and Placement: Providing advisory services to explore financing alternatives via the capital market, including debt or equity issuance. Placement options encompass both public and private offerings.

  • Money Exchange: Offering currency exchange services to facilitate transactions involving different currencies, suitable for clients engaged in international trade or investment.

  • Financial Advisory: Providing expert guidance and recommendations on financial matters, tailored to individual or corporate clients seeking strategic financial planning or investment advice.

Market Instruments

How to Open an Account?

  1. Contact Grupo Coril SAB: Reach out via phone at +51 955 372 706 during business hours. Alternatively, send an email to sab@grupocoril.com.

  2. Verify the attention schedule: Grupo Coril SAB operates Monday to Friday from 08:00 am to 18:00 pm.

  3. Complete the account opening form: Provide your name, last name, document type, and document number. Input your email and cell phone number.

  4. Mandatory fields: Ensure all required fields, marked with an asterisk (*), are filled out accurately.

  5. Accept Terms and Conditions: Acknowledge your acceptance of Grupo Coril SAB's Terms and Conditions and Privacy Policies.

  6. Submit the form: Once the form is complete, click on the “Send” button to submit your application.

How to Open an Account?

Customer Support

Grupo Coril SAB offers customer support to assist clients in becoming part of their services.

You can reach them via phone at +51 955 372 706 or email at sab@grupocoril.com during their attention schedule, Monday to Friday from 08:00 am to 18:00 pm.

Customer Support

Conclusion

In conclusion, Grupo Coril presents both advantages and disadvantages in its financial services provision.

The company boasts a substantial asset management portfolio, a wide regional presence, and recognition for its fiduciary growth and information security standards.

However, operating without regulatory oversight poses risks, while limited customer support hours and the absence of detailed account information may inconvenience clients.

FAQs

  1. Question: How can I contact Grupo Coril?

  1. Answer: You can reach Grupo Coril by phone at +51 955 372 706 or via email at sab@grupocoril.com during business hours.

  1. Question: What services does Grupo Coril offer?

  1. Answer: Grupo Coril offers securities intermediation, money exchange, financial advisory, and structuring and placement services.

  1. Question: Is Grupo Coril regulated by any authority?

  1. Answer: No, Grupo Coril operates without regulatory oversight.

  1. Question: What are the customer support hours?

  1. Answer: Customer support is available from Monday to Friday, 08:00 am to 18:00 pm.

  1. Question: Where is Grupo Coril headquartered?

  2. Answer: Grupo Coril is headquartered in Germany, with operations in seven regions of Peru.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with GRUPO CORIL?

GRUPO CORIL presents a high-risk profile for traders. It operates without any valid, authoritative forex trading licenses from major regulatory bodies, confirmed by an empty Forex License registry and a formal regulatory status of 'No Regulation'. The broker's business scope is marked as 'Suspicious Scope of Business' and it holds a very low overall WikiFX score of 1.56 out of 10. Trading with an unregulated entity means client funds are not protected by mechanisms like segregated accounts or investor compensation schemes, placing the entire responsibility for fund security on the trader.

Two days ago
United States

What licenses does GRUPO CORIL hold?

GRUPO CORIL does not hold any verified, mainstream regulatory licenses for its forex trading activities. Regulatory checks show its Forex License registry is empty, and its status is officially listed as 'No Regulation'. This means it operates completely outside the oversight of financial authorities such as Germany's BaFin or the UK's FCA, which are common benchmarks for retail trading security.

Two days ago
United States

What is the full company name of GRUPO CORIL?

The entity's full legal name is GRUPO CORIL. It is registered in Germany and has been in operation for an estimated 5 to 10 years.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Two days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States
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