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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
This rating is sourced from logo

Company Profile

Review SummaryGrand Markets Review SummaryYear Founded2015Registered Country/RegionAustraliaRegulationASIC (Australia), FSC, AOFA (Offshore regulation)Market InstrumentsForex, indices, gold, crude oil
Pros&Cons

Is GRAND MARKETS markets regulated?

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
  • Licensed Entity Email:

    --
  • Sharing Status:

    No Sharing
  • Licensed Entity Website:

    --
  • Expiration Time:

    --
  • Licensed Entity Address:

    LAUREN CONNORS 48 CULLEN ST LANE COVE WEST NSW 2066
  • Licensed Entity Phone:

    --
  • 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:

    Offshore Regulation
  • License Type:

    Forex Trading License (EP)
  • Licensed Entity:

    Grand Markets Ltd Grand Markets Ltd
  • Effective Date:

    2024-12-06
  • Licensed Entity Email:

    --
  • Sharing Status:

    No Sharing
  • Licensed Entity Website:

    --
  • Expiration Time:

    --
  • Licensed Entity Address:

    --
  • Licensed Entity Phone:

    --
  • Licensed Institution Certified Documents:

11 name

Is GRAND MARKETS a scam, or is it legit?

The latest exposure and evaluation content of GRAND MARKETS brokers.

Severe Slippage
On March 18, 2026, at 18:35, I placed a stop sell order for 1.39 lots on gold at 4973.79. The order was filled at 4959.99—a price the candlestick never even reached. This resulted in a massive and unjustifiable slippage of 13.79 pips. While some slippage is understandable, 13 pips is outrageous and a blatant scheme to steal from clients. Within 2 seconds, the price returned to 4967, but my account was instantly liquidated. This platform is a scam—stay away!
Maliciously widening spreads, leading to margin calls.
On most platforms, the spread for silver is around 30 pips. GrandMarkets typically has spreads over 30 pips too, but this time they suddenly widened it to 502 pips, causing my account to blow up. The platform offered no explanation whatsoever. Contacting my account manager was useless—the platform refuses to address it. Expose them! Warn other investors to stay away. This is a scam platform—be extremely cautious! Pictures prove it!
Scam platform absconded, be vigilant
Scam platform, lured to deposit more funds, account frozen, withdrawals blocked, blacklisted and absconded
A group of seven or eight friends were playing on this platform, but neither winners nor losers could withdraw their funds.
Some friends who made profits couldn't cash out, but my situation was even more ridiculous—I lost money and still couldn't withdraw, with them claiming it needed review. Review? Review? Are they going to reimburse my losses? They couldn't even resolve it in three or four days.

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 6.74, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 6.74 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

GRAND MARKETS safe