Global Forex Broker Regulatory Inquiry APP


1.46 /10

Grand Trade

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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License Index 0.00
Business Index 6.65
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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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



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Contact number


+44 203 808 9575

Broker Information


Company Name

Grand Marshall LTD

Company Abbreviation

Grand Trade

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-06-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Grand Trade · Company summary

Unavailable Official Website

Since Grand Trade Exchanges official website is temporarily down, we could only piece together a rough picture of this forex broker by gathering relevant information from other websites.

General Information

Grand Trade Exchange is an offshore registered in the Marshall Islands, with the company behind it called Grand Marshall Ltd. Since Grand Trade website cannot be opened for the moment, we could only get minimal information. There is no evidence that this brokerage is subject to any regulation.


Account Types

Grand Trade Exchange has five trading accounts available: Silver, Gold, Platinum, Algo Fund, and VIP. To open a most basic account, the Silver account, you need only fund $100 into your account, while minimum deposit for other four accounts are absurdly high, from $5,000, $10,000, $10,000 and $100,000, respectively.


Spread is typically determined by trading accounts. The more account balance you hold, the more competitive spreads you are offered. As a result, spreads offered by these five accounts start from 2.4 pips, 2.1 pips, 1.8 pips, 1.8 pips, 0.6 pips, respectively

Customer Support

Traders with any inquiries or trading related issues can get access to Grand Trade Exchanges customer support through the following contact channels:

Telephone: +44 203 808 9575


User Reviews

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more than one year
I really hate to recall my bad experience, but maybe I can help more people by sharing it. Never trust any foreign exchange company without a regulatory license. There are many scammers in this industry. When choosing a foreign exchange broker, you must be vigilant to prevent being cheated. Or you may repeat my tragedy.
2023-03-22 12:11
more than one year
Trading with Grand Trade is a non-rewarding business. I've been trying to withdraw money from here for weeks now without success. I don't think I will ever be able to withdraw them.
2023-03-13 18:32
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