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Regarding the legitimacy of GRAND MARKETS forex brokers, it provides ASIC, AOFA and WikiBit, (also has a graphic survey regarding security).

Is GRAND MARKETS safe?

Regulated
GRAND MARKETS

Rating Index

This rating is sourced from logo

Company profile

Grand Markets Review SummaryFounded2015Registered Country/RegionComorosRegulationASCI, AOFA (Offshore regulated)Market InstrumentsForex, commodities, cryptocurrencies, and stock indicesDemo Account✅Le
Pros&Cons

Is GRAND MARKETS markets regulated?

Is GRAND MARKETS a scam, or is it legit?

Latest Reviews

Pros
Regulated by ASIC, providing a level of credibility.
Supports popular trading platform MetaTrader 4 (MT4).
Low minimum deposit requirement of $10, making it accessible for beginner traders.
Cons
High spreads for cryptocurrencies, averaging 70 pips for BTC/USD.
Offshore regulation raises concerns about investor protection.
Regional restrictions limit access for traders in several countries, including the US and UK.

Is GRAND MARKETS markets regulated?

The regulatory license is the strongest proof.

Inst Market Making (MM)

ASIC Inst Market Making (MM)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Inst Market Making (MM)
  • Licensed Entity:

    GRAND MARKETS AUSTRALIA PTY LTD GRAND MARKETS AUSTRALIA PTY LTD
  • Effective Date:

    2024-10-07
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    LAUREN CONNORS 48 CULLEN ST LANE COVE WEST NSW 2066
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name
Forex Trading License (EP)

AOFA Forex Trading License (EP)

Anjouan Offshore Finance Authority

Anjouan Offshore Finance Authority

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Forex Trading License (EP)
  • Licensed Entity:

    Grand Markets Ltd Grand Markets Ltd
  • Effective Date:

    2024-12-06
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    --
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

GRAND MARKETS Similar Brokers Safe

Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.

GRAND MARKETS latest industry rating score is 7.24, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 7.24 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

GRAND MARKETS safe