Grand Markets at a glance
Grand Markets is a MetaTrader 5 forex and CFD broker run by GrandMarkets Limited, which holds an offshore securities dealer licence (L15998/GML) in Anjouan, Comoros. It offers Standard, ECN and Cent accounts from a $10 minimum deposit, with leverage up to 1:1000.
Grand Markets has not disclosed a founding year and a head office in Mutsamudu, Anjouan, Union of the Comoros. It lists 1 regulator and 1 trading platform.
BrokerBazaar verdict
A low-cost, high-leverage MT5 broker with a useful Cent account, suited to experienced traders who accept offshore-only oversight. Check licence L15998/GML with the Anjouan authority and confirm your contracting entity before funding.
Legal entities, regulation and licences
Grand Markets operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Grand Markets states that it accepts clients from Global. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Metals, Energies, Indices, Stocks, Crypto, CFDs. Platforms: MetaTrader 5. Account types: Standard, ECN, Cent.
Best-for tags assigned by our team: Low Deposit, Cent Account, High Leverage, MT5, Swap-Free.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is From $10. Spreads start from 0.0 pips (ECN) and commission is None (Standard). Maximum leverage is 1:1000 (dynamic), subject to the cap of the entity that holds your account. Figures refer to GrandMarkets Limited (AOFA (Anjouan, Comoros)), the entity serving international clients, checked 4 November 2026.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Credit/Debit Card, Local Payment Methods. Withdrawal methods: Original Funding Method.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Not specified. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: hedging. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Not covered: Grand Markets Pty Ltd (ACN 672 887 099) (ASIC (Australia)). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.
Complaints and dispute process
Formal complaints: support@grandmarkets.com. Grand Markets handles complaints through live chat and support@grandmarkets.com. Its client agreement asks for complaints in writing within three business days of the issue. The Anjouan authority does not run an investor compensation scheme.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Very low $10 minimum deposit on every account
- Strength: Cent account for practising with micro lots
- Strength: ECN account with spreads from 0.0 pips
- Strength: Negative balance protection on all account types
- Strength: Broker says it covers third-party withdrawal fees
- Strength: 24/7 multilingual live chat support
- Limitation: Only an offshore Anjouan (Comoros) licence; no tier-1 regulator or compensation scheme
- Limitation: Risk disclosure says client assets may be commingled, despite segregation claims elsewhere
- Limitation: Leverage up to 1:1000 carries a very high risk of rapid losses
- Limitation: Full list of deposit and withdrawal methods is only shown after sign-up
- Limitation: Complaints must be raised in writing within three business days
- Limitation: Only MetaTrader 5; no MT4, cTrader or TradingView
- Limitation: Australian ASIC licence (AFSL 554475) is wholesale and hedging-only; it does not cover retail website clients
Who this broker suits, and who it does not
Grand Markets is most relevant to traders looking for: Low Deposit, Cent Account, High Leverage, MT5, Swap-Free.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Grand Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Grand Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Grand Markets
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Grand Markets. How we make money. Trading leveraged products carries a high risk of loss.