In this section we will analyze the ForexGrand broker, is a CFD and Forex broker. Is ForexGrand really recommended to make an investment? Or is it better not to invest with the company? It should be clarified that the broker's website is not in Spanish / Castilian, although due to certain messages received we have decided to review Forex Grand.
The broker mentions being part of Grand Services LTD and is operated by Nordic Pearl Limited.
As to its location, the broker mentions being based in the Marshall Islands (Grand Services LTD) and in Bulgaria (Nordic Pearl Limited).
If we analyze the regulation of the broker, the broker is a UNREGULATED broker.
If now we go on to analyze account types offered by ForexGrand, we note that it offers 3 types of account: Basic Account, Gold Account and Platinum Account.
Basic account- Minimum initial deposit of $ 250, spread from 2,5 pips, no commissions, leverage up to 1: 300, stop out of 5%, an account manager will be provided.
It is followed by Gold Account- Minimum initial deposit of $ 1.000, spread from 1,5 pips, no commissions, leverage up to 1: 300, stop out of 5%, an account manager will be provided.
The third and final type of account is the Platinum Account: minimum initial deposit of $ 50.000, spread from 0,5 pips, no commissions, leverage up to 1: 300, stop out of 5%, an expert account manager will be provided.
You can see even more features about the ForexGrand broker account types (click aqui to see the image in full size) in the following image:
HR platforms to operate that ForexGrand offers are: MT4 platform.
We will now analyze the different resources and aids for the trader that ForexGrand provides on its website.
ForexGrand provides the following help or resources to traders or interested parties: basic explanation of the different instruments that are possible to trade with ForexGrand, explanation of basic concepts such as Swap and market schedules, trader glossary, also different educational articles as a Blog.
Other information about ForexGrand
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 41 43 508 98 39
Ending with this section, in our opinion Do we believe that the ForexGrand company is trustworthy? Should you invest your money with the company? The truth is that we have not found many comments or opinions about this broker on the internet (which makes us think that it is a relatively new broker), and it is an UNREGULATED broker, so our opinion is still not very clear.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.