GRAM Markets Company

Gram Markets Forex Broker - Complete Information Guide

1. Broker Overview

Gram Markets, officially known as Global Markets Group, was established in 2007. The company is headquartered in London, UK, and operates as a private entity. Gram Markets primarily serves retail and institutional clients across various global markets, including Europe, Asia, South America, Africa, and Australia.

Since its inception, the broker has experienced significant growth, establishing a reputation for providing a wide range of trading services and innovative solutions. The company has reached several important milestones, including the launch of its proprietary trading platform and the expansion of its product offerings to include various asset classes.

As a broker, Gram Markets operates under a Straight Through Processing (STP) model, acting as an intermediary between clients and liquidity providers. This model helps eliminate conflicts of interest, ensuring that clients receive the best possible execution for their trades. The diverse range of services provided by Gram Markets makes it a competitive player in the forex brokerage industry.

2. Regulation and Compliance Information

Gram Markets is regulated by the Financial Conduct Authority (FCA) in the UK, which is one of the most respected financial regulatory bodies globally. The regulatory license number is 744501. However, it is important to note that the license is currently reported as "not active," raising concerns about the broker's compliance status.

The broker is committed to maintaining client fund security through segregated accounts held at tier-one banks, ensuring that client funds are protected from operational risks. In the unlikely event of default, client funds are protected by the Financial Services Compensation Scheme (FSCS), which provides additional security for investors.

Gram Markets adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all clients undergo thorough verification processes to maintain a transparent trading environment. This commitment to compliance underscores the broker's dedication to protecting its clients and maintaining operational integrity.

3. Trading Products and Services

Gram Markets offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to a substantial number of currency pairs, including major, minor, and exotic pairs. Additionally, Gram Markets offers Contract for Difference (CFD) products across various categories, including indices, commodities, precious metals, and cryptocurrencies.

The broker is known for its competitive spreads and commissions, which are designed to accommodate both novice and experienced traders. Regular updates to the product offerings ensure that clients have access to the latest financial instruments, enhancing their trading experience.

In addition to retail trading services, Gram Markets provides institutional clients with tailored solutions, including liquidity provision and white-label services. The broker also offers asset management services, catering to the needs of corporate investors looking to diversify their portfolios.

4. Trading Platforms and Technology

Gram Markets supports the widely recognized MetaTrader 4 (MT4) platform, which is favored by many traders for its user-friendly interface and robust analytical tools. The broker also offers the MetaTrader 5 (MT5) platform, providing additional features and capabilities for advanced traders.

The trading platforms are accessible via web browsers, desktop applications, and mobile devices, ensuring that traders can execute trades and manage their accounts on the go. The mobile applications are compatible with both iOS and Android devices, allowing for seamless trading experiences.

Gram Markets utilizes an STP execution model, which connects traders directly to liquidity providers through low-latency servers. This model ensures quick order execution and eliminates requotes, providing traders with a reliable trading environment.

Furthermore, the broker offers API access for automated trading, enabling traders to integrate their trading strategies with third-party applications and platforms. This flexibility enhances the trading experience for clients who prefer algorithmic trading solutions.

5. Account Types and Trading Conditions

Gram Markets provides two main account types to cater to different trading needs:

• Standard Account: Requires a minimum deposit of $200, with spreads starting from 1.1 pips. This account type is suitable for beginners, as it includes all trading costs within the spread.

• Pro Account: Requires a minimum deposit of $10,000, offering ECN-style trading with lower commissions and interbank wholesale rates. The spreads for this account can start as low as 0.1 pips, making it ideal for experienced traders.

The broker also offers leverage options based on the regulatory restrictions, allowing retail traders to utilize leverage up to 1:30 for major currencies and 1:20 for minor currencies. Professional traders can apply for leverage up to 1:400, providing them with greater trading flexibility.

Gram Markets maintains a minimum trading lot size, ensuring that traders can manage their positions effectively. The broker's overnight fees are structured to reflect the market conditions, providing transparency in trading costs.

6. Fund Management

Gram Markets supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies based on the account type, with the standard account requiring $200 and the pro account needing $10,000.

Deposits are processed promptly, typically within one business day, ensuring that clients can fund their accounts without unnecessary delays. The broker does not charge fees for deposits; however, clients should verify with their payment providers for any potential transaction fees.

Withdrawal methods include bank transfers and credit card transactions, with processing times generally taking one to three business days. Gram Markets does not impose withdrawal fees, making it convenient for clients to access their funds.

7. Customer Support and Educational Resources

Gram Markets offers a range of customer support channels, including phone, email, live chat, and social media. The support team is available during business hours, covering multiple time zones to assist clients effectively.

The broker provides multilingual support, catering to clients from various regions and ensuring effective communication. Educational resources include webinars, tutorials, and eBooks, designed to enhance traders' knowledge and skills.

Clients can access daily market analysis, news updates, and research reports to stay informed about market trends. Additionally, Gram Markets offers various trading tools, including calculators and economic calendars, to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

Gram Markets primarily serves clients in Europe, Asia, South America, Africa, and Australia. The broker has established a global presence, catering to a diverse clientele.

While the broker operates in many regions, there are certain countries and areas where it does not accept clients. Specific restrictions may apply based on local regulations, and potential clients are encouraged to check the broker's website for the most up-to-date information regarding regional availability.

In summary, Gram Markets presents itself as a competitive forex broker, offering a wide range of trading products and services. The broker's commitment to compliance, client fund protection, and customer support further enhances its appeal within the trading community. As the industry continues to evolve, Gram Markets is well-positioned to meet the needs of its clients while navigating the complexities of the financial markets.