Score
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
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Comparison
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Exposure
Score
Regulatory Index0.00
Business Index3.89
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Grow Trade Matrix
Company Abbreviation
Grow Trade Matrix
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
Expose
| Grow Trade MatrixReview Summary | |
| Founded | 2024-10-28 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Trade Forex, Stocks CFDs, Indices, Commodities, and Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | up to 1:500 |
| Spread | start from 0.0 pips |
| Trading Platform | MT4/MT5 |
| Min Deposit | / |
| Customer Support | 24/5 customer support |
| Tel: +97143277592 | |
| Email: Contact@growtradematrix.com | |
| Regional Restrictions | citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan are not allowed |
Grow Trade Matrix is an unregulated broker, offering trading on trade forex, stocks CFDs, indices, commodities, and cryptocurrencies with leverage up to 1:500 and spread from 0.0 pip on the web-based trading platform.
| Pros | Cons |
| Tight spreads | No regulation |
| With demo account | Inaccessible website(partful links) |
| Various trading products | |
| MT4/MT5 platform | |
| Using margin trading is allowed |
No. Hankotrade currently has no valid regulations. Please be aware of the risk! It provides 0.01 lots and margin-used trading to profit from Forex pairs, even with small deposits.
Grow Trade Matrix provides a wide range of trading products such as forex, stocks CFDs, indices, commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
The broker does not provide any information about its accounts except demo account.
The broker offers max leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Spreads
The spread is fixed at 0.0 pip.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | online web trader | Beginners |
| MT5 | ✔ | online web trader | Experienced trader |
The broker's website has not clearly provided information about deposit/withdrawal amount.
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