Global Forex Broker Regulatory Inquiry APP

Score

1.93 /10
Danger

Grinta Invest

Marshall Islands

2-5 years

Suspicious Regulatory License

MT4/5 full license

Regional Brokers

High potential risk

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

License Index 0.00
Business Index 6.75
Risk Management Index 0.00
Software Index 7.02
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Contact number

English

+65 + 44-203-1291072

Russian

+44-203-1291072

Spanish

+52-55-81177230

Broker Information

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Company Name

GRINTA INVEST LIMITED

Company Abbreviation

Grinta Invest

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2023-06-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Grinta Invest · Company summary

Note: Since Grinta Invests official site (https://www.grinta-invest.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Grinta Invest, a trading name of GRINTA INVEST LIMITED, is allegedly a Marshall Islands-based STP/ECN brokerage that has been active since 2015, claiming to provide its clients with the industry-standard MetaTrader4 trading platform, leverage up to 1:500, variable spreads from 1.3 pips on various tradable assets, as well as a choice of two different account types.

Market Instruments

Grinta Invest advertises that it offers about 30 forex currency pairs, precious metals, and various CFDs in financial markets.

Account Types

There are two live trading accounts offered by Grinta Invest, namely Standard (STP) and ECN. Opening a Standard (STP) account requires the minimum initial deposit amount of $200, while the ECN account with a much higher minimum initial capital requirement of $4,000.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Grinta Invest account can enjoy the maximum leverage of 1:500, while the Pro account can experience leverage of 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are influenced by what type of accounts traders are holding. Grinta Invest reveals that the spread on the Standard (STP) account starts from 1.7 pips, while the clients on the ECN account can enjoy the lowest spreads from 1.3 pips. All charging no commissions.

Trading Platform Available

When it comes to trading platforms available, Grinta Invest gives traders the worlds most trusted and popular MeatTrader4 trading platform, available for the desktop version and mobile apps. MT4 is known as a professional and fully-featured trading software that provides traders with everything they need: ease of use, fast order execution, a variety of technical analysis indicators, an advanced charting package, back-testing options and the ability to develop and use Expert Advisors (EA). While with the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

Grinta Invest works with a wide selection of payment methods, including bank wire transfers, credit/debit cards and e-wallets Skrill & Neteller. The minimum deposit requirement is $200.

Customer Support

Grinta Invests customer support can be reached by telephone: +442031291072. However, this broker doesnt disclose other more direct contact information like email or the company address that most brokers offer.

User Reviews

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3

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tlz
more than one year
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!
2023-02-23 10:06
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0
0
King864
more than one year
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?
2022-12-12 15:21
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0
0
FX1114368089
more than one year
A big scammer! Website cannot be opened now, did not reply my email. They disappeared suddenly, along with my deposits. Who can help me, buddy?
2022-12-07 18:16
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0
0
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