GrandTrade Review : Fees, Pros and Cons, Reviews by Real Traders

GrandTrade

Operating status: SCAM

Website: https://grandtrades.eu/?lang=en

Broker violations and abnormal records

Sep 06, 2022 The Italy CONSOB Added GrandTrade into Its Warnings
On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GrandTrade is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268

On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GrandTrade is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268
Sep 12, 2022 BrokersView has Reviewed that GrandTrade is an Unregulated Forex Broker
GrandTrade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GrandTrade is not authorized to provide financial services in Italy.
The truth is that GrandTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

GrandTrade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GrandTrade is not authorized to provide financial services in Italy. The truth is that GrandTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Dec 06, 2022 BrokersView has found that GrandTrade is not working
BrokersView found the domain "https://grandtrades.eu/?lang=en" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://grandtrades.eu/?lang=en" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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