Score
Grand Markets
https://grandmarkets.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
GrandMarkets-Live 1
Influence
C
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
C
Influence index NO.1
Contact
Single Core
1G
40G
1M*ADSL
- The Comoros AOFA regulation with license number: L15998/GML is an offshore regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:1000
- SupportedEA
- Minimum Deposit$10
- Minimum SpreadFrom 0.0
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- CommissionUp to $7 per lot
- Products--
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
grandmarkets.com
104.21.48.1Server LocationUnited States
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
Relevant Enterprises
Company Summary
| Grand Markets Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Comoros |
| Regulation | ASCI, AOFA (Offshore regulated) |
| Market Instruments | Forex, commodities, cryptocurrencies, and stock indices |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | Average 1.6 pips (Standard account) |
| Trading Platform | MT4 |
| Minimum Deposit | $10 |
| Customer Support | 24/7 support, live chat, contact form |
| Regional Restrictions | the United States, Canada, Israel, New Zealand, Iran, North Korea (Democratic People's Republic of Korea), Brazil, the United Kingdom, Russia, Belarus |
Grand Markets Information
Grand Markets is a regulated global online trading platform that offers CFD trading services for multiple asset classes, including forex, cryptocurrencies, commodities, and stock indices. The platform supports MetaTrader 4 (MT4) on both desktop and mobile devices, making it suitable for traders seeking low-cost and multi-functional platforms, particularly for high-frequency forex trading and novice traders getting started.

Pros and Cons
| Pros | Cons |
| Regulated by ASIC | High cryptocurrency spreads (BTC/USD average 70 pips) |
| MT4 available | Regional restrictions |
| Demo accounts available | Offshore regulation risks |
| 24/7 multilingual customer support | |
| Low minimum deposit |
Is Grand Markets Legit?
The broker is regulated by the Anjouan Offshore Finance Authority (AOFA) and the Australian Securities & Investment Commission (ASIC), with license numbers L15998/GML and 001313699, respectively.
| Regulated Authority | Current Status | Licensed Entity | Regulated Country | License Type | License No. |
| Anjouan Offshore Finance Authority (AOFA) | Offshore Regulated | Grand Markets Ltd | Comoros | Retail Forex License | L15998/GML |
| Australia Securities and Investment Commission (ASIC) | Regulated | VSTAR FINANCE PTY LTD | Australia | Appointed Representative(AR) | 001313699 |


What Can I Trade on Grand Markets?
The platform offers over 50 CFD trading instruments, including Forex (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 | 1.6 pips | From 0.0 pips | 1.6 pips |
| Commission | 0 | Up to $7 per lot | 0 |

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 and Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |

Deposit and Withdrawal
Deposits support global and local payment methods (credit cards, bank transfers, etc.) with instant account funding (platform processing time is within minutes).
For withdrawals, the funds will arrive at the bank within 1-3 working days (varying by region and bank). It requires one-time password (OTP) verification, PCI DSS compliance, and segregated fund custody. There are no handling fees, and fund returns via the original channel are supported.

Keywords
- 5-10 years
- Regulated in Comoros
- Regulated in Australia
- Retail Forex License
- Appointed Representative(AR)
- MT4 Full License
- MT5 Full License
- Regional Brokers
- Medium potential risk
- Offshore Regulated
Wiki Q&A
Are there deposit fees?
According to the platform, no deposit fees are charged. However, traders should be aware that third-party providers (banks, card issuers) may apply processing or conversion fees, which are outside the broker's control.
How long does Grand Markets withdrawal take?
The withdrawal timeframe is typically 1–3 business days, depending on the bank, payment provider, and user region. The platform uses segregated accounts and complies with PCI DSS security standards, enhancing transaction safety.
Do they offer a demo or Islamic account?
Yes, a demo account is available for practice. However, there is no mention of an Islamic (swap-free) account, meaning the platform may not accommodate religious-based trading preferences.
Are there commissions?
Yes, only ECN accounts charge commissions. The fee is up to $7 per lot, which aligns with common industry standards for ECN environments. Both Standard and Cent accounts are zero-commission accounts, making them suitable for budget-conscious or beginner traders.
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