Grand Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-13 16:44

Abstract：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.

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

For the Standard account, the average spread for major currency pairs (such as EUR/USD) is 1.6 pips, while the ECN account offers spreads as low as 0 pips. Only the ECN account charges a maximum commission of $7 per lot. Most instruments (such as major currency pairs and cryptocurrencies) have no overnight interest. Account Type

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.