Wikilix
Licence record

AOFA licence L15998/GML

Holder
GRAND MARKETS
Jurisdiction
Comoros
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Anjouan Offshore Finance Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Anjouan Offshore Finance Authority L15998/GML

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Anjouan Offshore Finance Authority
Holder
Grand Markets Limited
Jurisdiction
Comoros
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/anjouan-offshore-finance-authority/grand-markets/l15998-gmlFields on file 2 / 11

Open GRAND MARKETSAbout AOFA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Comoros
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
L15998/GML
Licence type (Wikilix classification)
Retail Forex License
The authority

About AOFA

Anjouan Offshore Finance Authority is the authority that issued this licence, and the jurisdiction it applies in is Comoros.

Full name
Anjouan Offshore Finance Authority
Jurisdiction
Comoros
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2001
Oversight
A government or statutory body
Firms we track under it
7 firms
Licences it issues
AOFA “Forex licences” lack international legal recognition after 2023; PSPs treat as unlicensed.
Typical cost of a licence
Initial application fee $1,500–2,000; license fee $10k–15k; annual renewal $5k–7.5k; authorized capital ≥$50k
Public register
No public register published
Transparency
Very low

AOFA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

AOFA's own rules for the firms it authorises.

  • Compensation schemeNo deposit or investor protection scheme.
  • No complaints route
  • Maximum leverageUnlimited (no official cap)
This describes the authority's regime, not how GRAND MARKETS applies it.
The holder

Who holds this licence

The licence above is recorded against GRAND MARKETS. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Grand Markets Limited
Based in
Comoros
Wikilix score
33.3the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • GRAND MARKETS PTY LTDAustralia · Reg. 682086139 · May 20, 2020
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences GRAND MARKETS holds

One other licence is on record for GRAND MARKETS.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Grand Markets offers a maximum leverage of up to 1000:1, which is significantly higher than the leverage cap imposed by ASIC. This suggests that leverage options may vary depending on client jurisdiction or account type.
Grand Markets supports multiple funding methods including Visa, Mastercard, bank transfers, PayPal, Skrill, Neteller, and regional options like GrabPay and POLi. Deposits are generally instant for cards and e-wallets, while withdrawals may take from same day up to 5 business days depending on the method. Minimum deposit amounts vary by method, starting as low as 10 USD.
Grand Markets provides access to the MetaTrader 4 (MT4) trading platform, which is popular for Forex and CFDs trading. MT4 supports advanced charting, automated trading via Expert Advisors, and offers fast, reliable execution across multiple devices including web, desktop, and mobile.
Grand Markets Limited is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator known for strict oversight. It holds an AFSL license and complies with fund segregation rules, but does not have mandatory client fund insurance. The broker is prohibited from serving clients in the USA, North Korea, Iran, and other sanctioned countries.
Licence L15998/GML was issued by Anjouan Offshore Finance Authority (AOFA), the financial authority for Comoros.
GRAND MARKETS holds this AOFA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the AOFA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates AOFA tier 3. Supervision is lighter-touch and client protections vary.
Yes, AOFA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
GRAND MARKETS has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.