Grinta Invest foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.grinta-invest.com/open-live-account, about the company's legal and temporary regulatory information, the company's address .
Grinta Invest, officially known as Grinta Invest Limited, was established in 2015. The broker is headquartered in the Marshall Islands, with operational offices located in various regions, including the United Kingdom. Grinta Invest is a privately held company that provides trading services primarily to retail clients interested in forex, CFDs, and other financial instruments.
Since its inception, Grinta Invest has aimed to cater to a diverse clientele, focusing on traders seeking competitive pricing and efficient execution. The company has experienced significant growth, reportedly serving over 200,000 clients worldwide. Its operational model is primarily based on retail forex trading, offering clients access to various financial markets through its trading platform.
Grinta Invest has positioned itself as a broker facilitating online trading for clients looking for both standard and ECN accounts, allowing traders to access the forex market with leverage and competitive spreads. The company operates under a business model that emphasizes quick execution and minimal trading costs, appealing to both novice and experienced traders.
Grinta Invest operates without regulation, which is a critical aspect to consider for potential clients. The broker is registered in the Marshall Islands, a jurisdiction known for its lax regulatory environment. Consequently, Grinta Invest does not fall under the supervision of any major financial authority such as the FCA (Financial Conduct Authority) or ASIC (Australian Securities and Investments Commission).
Due to its unregulated status, clients of Grinta Invest lack the protections typically afforded by regulated brokers, including investor compensation schemes and stringent oversight. The broker does not provide specific regulatory numbers or licenses, which raises concerns about the safety of client funds.
However, Grinta Invest claims to implement a client fund segregation policy, ensuring that clients' funds are kept separate from the company's operational funds. The broker also adheres to KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures to prevent fraud and money laundering activities.
Grinta Invest offers a variety of trading products, primarily focusing on forex trading. The broker provides access to over 30 currency pairs, including major, minor, and some exotic pairs. Additionally, clients can trade CFDs on commodities, indices, and precious metals, broadening their trading opportunities.
While the core offering revolves around forex, Grinta Invest also includes cryptocurrencies in its product lineup, catering to the growing demand for digital assets. The broker regularly updates its product offerings, although detailed information about the frequency of these updates is not publicly available.
Grinta Invest's services are predominantly aimed at retail traders, but it also offers institutional services, including white-label solutions for financial institutions looking to provide trading services under their brand. The broker emphasizes its commitment to providing a comprehensive trading experience that includes educational resources and market analysis.
Grinta Invest supports the popular MetaTrader 4 (MT4) trading platform, which is available for desktop and mobile devices. This platform is renowned for its user-friendly interface, fast order execution, and extensive technical analysis tools, making it a preferred choice among traders.
The broker does not appear to offer a proprietary trading platform, focusing instead on the established capabilities of MT4. Grinta Invest provides mobile trading applications for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.
Grinta Invest operates on an ECN (Electronic Communication Network) and STP (Straight Through Processing) model, which facilitates direct market access and enhances execution speed. The broker's infrastructure is designed to support high-frequency trading, with servers located in strategic locations to minimize latency.
Moreover, Grinta Invest supports API access for automated trading, allowing clients to implement algorithmic trading strategies effectively.
Grinta Invest offers two main account types: the Standard Account and the ECN Account.
Standard Account:
Minimum Deposit: $250
Spreads: Variable spreads starting from 1.7 pips
Commission: No commissions charged
ECN Account:
Minimum Deposit: $4,000
Spreads: Lower spreads starting from 1.3 pips
Commission: No commissions charged
Both account types allow for trading in micro lots, with a minimum trade size of 0.01 lots. Grinta Invest provides leverage of up to 1:500, allowing traders to amplify their positions, although this comes with increased risk.
The broker does not charge overnight fees for positions held, which can be advantageous for traders looking to maintain long-term positions without incurring additional costs.
Grinta Invest offers a variety of deposit methods, including bank wire transfers, credit/debit cards, and e-wallets such as Skrill and Neteller.
Deposits are processed quickly, typically within one business day, with no deposit fees charged by the broker. However, clients should be aware that their banks may impose fees for certain transactions.
Withdrawal methods mirror the deposit options, allowing for flexibility in accessing funds. Grinta Invest processes withdrawal requests within a few business days, although the exact timeframe may vary depending on the method chosen. Importantly, the broker does not charge withdrawal fees.
Grinta Invest provides customer support through multiple channels, including telephone, email, and live chat. Support is available in several languages, enhancing accessibility for a diverse client base.
The broker offers educational resources, although the depth of these resources is limited. Clients can access basic trading tutorials and market analysis, but more comprehensive educational tools, such as webinars and in-depth guides, are not extensively provided.
Grinta Invest also offers market analysis services, including daily updates and reports, to help traders make informed decisions. The broker provides various trading tools, including economic calendars and calculators, to support clients in their trading activities.
Grinta Invest primarily serves clients from various regions worldwide, with a focus on retail traders. However, the broker does not accept clients from certain countries, including the United States, France, Lithuania, North Korea, Iran, Myanmar, Cuba, Sudan, and Syria.
The company's operational structure includes regional offices in several countries, allowing it to cater to a broad market. However, the lack of regulatory oversight in its primary operating jurisdictions raises concerns about the reliability of its services.
In summary, while Grinta Invest presents itself as a competitive forex broker with a range of trading products and services, potential clients should carefully consider the implications of trading with an unregulated broker. The absence of regulatory oversight can pose significant risks, and it is advisable to conduct thorough research before engaging with Grinta Invest or any similar broker.
King864
Malaysia
Total scam. Do not use it!!!!! I know 200 dollars isn't a lot for them but it is a great amount of capital fro me. Can your guys give me my money back?
Positive
2022-12-12
FX1837741417
Argentina
I deposited 600 pesos but lost it. It said my account and password were wrong. Help.
Exposure
2021-09-22
Exposure Grinta Invest: Something You Need to Know About This Broker
With around 30 forex currency pairs, precious metals, Grinta Invest aims to cater to a wide range of traders. WikiFX has given this broker a low score of 1.98/10. Why?
tlz
Egypt
Trades on the Grinta Invest is the worst! I buy a sell order on AUDCAD, but the spreads on this pair went up over 50 pips… A horrible level. I asked customer support staff, they told me it was due to the market volatility…Liars!
37130
2023-02-23