GRAND MARKETS licences

The broker states that standard processing takes 30 minutes to 3 hours depending on the method, and separately advertises instant automated withdrawals, so both claims appear on its own pages. Bank transfers are the slower channel and the site publishes no timescale for them. A client should expect the applicable timings and limits to be the ones shown inside the client area.

Grand Markets states that it does not offer services to residents of the United States, Canada, Israel, New Zealand, Iran, North Korea, the United Kingdom, Russia and Belarus, among other regions where local law prohibits it. Its registration process also blocks the United States dependent territories, including Puerto Rico, Guam, the US Virgin Islands, American Samoa, the Northern Mariana Islands and the US Minor Outlying Islands. The broker publishes no list of countries it affirmatively accepts.

The website states that it is operated through Grand Markets Limited, a company registered in the Union of Comoros with its registered office at Hamchaku, Mutsamudu, on the Autonomous Island of Anjouan. That company, number 15998, incorporated on 6 December 2024, is confirmed on the Anjouan Offshore Finance Authority's register. Two Australian companies carry the brand: Grand Markets Pty Ltd, ACN 672 887 099, registered on 13 November 2023, which holds the ASIC licence, and Grand Markets Group Pty Ltd, ACN 682 086 139, registered on 5 November 2024, which was called Grand Markets Pty Ltd until 23 July 2026. A company registration is not the same thing as a financial licence.

Cost depends on the tier: the ECN account charges commission of up to 7 USD per lot, while the Standard and Cent accounts are commission free and priced through the spread. The accounts page gives an average spread of 1.6 pips on the Standard and Cent accounts, and spreads from 0.0 pips on ECN. No deposit or withdrawal fee is charged by the broker itself, although its client agreement places bank fees and currency conversion charges on deposits and withdrawals on the client (clause 11.3).

Grand Markets opens all three of its accounts from 10 USD. The Standard, ECN and Cent tiers share the same 10 USD entry, so the minimum deposit does not depend on which one a client chooses. The broker does not publish a minimum for each individual payment method, so the amount a card or bank transfer will accept may differ from the account minimum.

Grand Markets offers leverage of up to 1:1000. The same ceiling applies on all three of its account tiers, Standard, ECN and Cent, so leverage does not vary between them. A ratio of 1:1000 is many times what onshore regulators permit for retail clients, and it is available because the company clients contract with is registered offshore in the Union of Comoros.

Grand Markets records two funding channels: card payments on Visa and Mastercard, processed with 3D Secure, and bank transfer. The broker states that it covers third party transaction charges and takes no withdrawal fee of its own, although its client agreement places bank charges and currency conversion costs on the client. The site publishes no minimum, maximum or timescale for each individual method, so the applicable limits are the ones shown inside the client area.

Grand Markets offers both MetaTrader 4 and MetaTrader 5. Each comes as a broker branded installer for Windows and macOS and as an app for iOS and Android, and the broker also distributes its own GrandMarkets mobile app through the App Store, Google Play and a direct Android package on its own download domain. Its platform menu also lists TradingView, but the TradingView page says only that Grand Markets has applied to integrate TradingView charts, so it is not available yet.

Offshore, with one onshore licence for wholesale clients only. Grand Markets Limited, the Comoros company clients contract with, holds Anjouan licence L15998/GML, confirmed on the Anjouan Offshore Finance Authority's register; Anjouan runs no investor compensation scheme. A separate Australian company, Grand Markets Pty Ltd (ACN 672 887 099), holds ASIC licence 554475, confirmed on ASIC's register, but that licence is limited to wholesale clients and does not cover the retail business. The Mauritius FSC register also lists an Investment Dealer named GRAND MARKETS, a licence the broker does not mention. Leverage of up to 1:1000 is well above what onshore regimes allow retail clients.