Company Profile
Company Profile
Review summary
| Review Summary | Grand Markets Review Summary |
| Year Founded | 2015 |
| Registered Country/Region | Australia |
| Regulation | ASIC (Australia), FSC, AOFA (Offshore regulation) |
| Market Instruments | Forex, indices, gold, crude oil, cryptocurrencies, and commodities |
| Account Types | ECN / Standard Account / Cent Account |
| Demo Account | Available |
| Leverage | Up to 1:1000 |
| Spreads | ECN: EUR/USD from 0.1, Gold from 10; Standard: EUR/USD from 1.7, Gold from 28 |
| Trading Platforms | MT4 / MT5 / Grand Markets App |
| Minimum Deposit | $10 |
| Customer Support | 24/7 support, live chat, contact form |
| Regional Restrictions | United States, New Zealand, Iran, North Korea (DPRK), Brazil, United Kingdom, Russia, Belarus |
Grand Markets Information
Grand Markets is a regulated global online trading platform that offers CFD trading across multiple asset classes, including forex, stock indices, cryptocurrencies, and commodities. The platform supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Grand Markets App on both desktop and mobile devices. It is suitable for traders seeking a low-cost and versatile trading platform, particularly for high-frequency forex trading and beginners getting started.
Pros and Cons
| Pros | Cons |
| Regulated by ASIC | |
| MT4 available | Regional restrictions |
| Demo accounts available | Offshore regulation risks |
| 24/7 multilingual customer support | |
| Low minimum deposit |
Is Grand Markets Legit?
This broker is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Commission of Mauritius (FSC), and the Anjouan Offshore Financial Authority (AOFA) of the Comoros.
What Can I Trade on Grand Markets?
The platform offers over 50 CFD trading instruments, including forex (more than 50 currency pairs), commodities, cryptocurrencies, and stock indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock indices | ✔ |
| Cryptocurrencies | ✔ |
| Options | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type & Fees
| Account Type | Standard | ECN | Cent |
| Minimum Deposit | $10 | ||
| Average Spread | 1.7 pips | From 0.0 pips | 1.6 pips |
| Commission | 0 | Up to $7 per lot | 0 |
The Standard account offers an average spread of 1.6 pips on major currency pairs (such as EUR/USD), while the ECN account provides spreads as low as 0 pips. Only the ECN account charges a commission of up to $7 per lot. Most instruments (such as major currency pairs and cryptocurrencies) are swap-free, with no overnight interest charged.
Leverage
The platform offers a maximum leverage of 1:1000, applicable to all account types. However, exotic currency pairs (such as USDCNH) use fixed margin requirements, which are not affected by leverage adjustments.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable For |
|---|---|---|---|
| MT4 | ✔ | Desktop & Mobile | Beginners |
| MT5 | ✔ | / | Experienced Traders |
| Grand Markets App | ✔ | Mobile Devices | Beginners / Experienced Traders |
Deposit and Withdrawal
Deposits support both global and local payment methods (such as USDT, credit cards, and bank transfers), with funds credited to accounts instantly (platform processing time is usually within minutes).
For withdrawals, funds typically arrive in your bank account within 1–3 business days (depending on the region and bank). Withdrawals require one-time password (OTP) verification and follow PCI DSS compliance standards with segregated client fund protection. No handling fees are charged, and refunds are supported via the original payment method.
泰戈尔没有诗集
Hong Kong
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!
Exposure
昔羽
Hong Kong
The platform reneged on its promise, failing to deliver the agreed-upon rebate. Avoid this pitfall.
Exposure
?
Hong Kong
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!
Exposure
恩9946
Hong Kong
Scam platform, lured to deposit more funds, account frozen, withdrawals blocked, blacklisted and absconded
Exposure
小明上广州
Hong Kong
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.
Exposure