GrandInvest Review: Is It a Typical SCAM?

GrandInvest - logo

GrandInvest offers both brokerage and investment services. Besides, the company helps beginners in trading with high-quality training, analytics, and trading signals. All in all, everything looks very attractive. Will the reviews confirm all the advantages of the broker? Or vice versa, will they reveal it as a scam?

GrandInvest General Information

Phone Number None
Address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
License None
Minimum Deposit $250
Assets CFDs
Leverage To 1:300
Trading Platform WebTrader

Registration and Client Portal Review

GrandInvest calls itself an international broker. However, the official website is only in English. At the same time, there is very little information about the company. Finally, the resource is simply inconvenient to use.

GrandInvest - website

The main menu is in the footer. To go to the study of account types, you will have to scroll through the entire canvas of the main page. Let’s try creating an account right now.


You will need to fill out a short questionnaire. Please indicate:

  • First and last name
  • E-mail, password
  • Phone number.

You can also enter a registration code if you have one. A quick login is available via Google or Facebook accounts.

Unfortunately, during the registration, we had several errors. The system was unable to register a new user.

GrandInvest - client portal

At last, we managed to get into the client portal of GrandInvest. Here you can immediately deposit your account and start trading. On the right side of the screen, there are real-time trading signals. Not only the directions but also the goals are indicated here. By the way, there is also a demo account.

GrandInvest Trading Conditions

The broker offers 6 types of accounts to its clients. You can start with $250. However, only currency pairs will be available for the “Starting” type. To get all the instruments for trading, your deposit must be at least 15,000 dollars.

Account Types Review

It’s curious that in the relevant section, GrandInvest talks about 3 types of accounts. Directly below this sentence is a table with 6 accounts. Probably, the owners just stole the text description from someone else’s site.

Name Minimum Deposit, USD Spreads Assets
Starting 250 Basic Currency pairs
Bronze 5,000 Basic Plus commodities
Silver 15,000 Average Plus indices, crypto
Gold 25,000 Reduced Plus stocks
Platinum 100,000 Low Same
ECN 500,000 Minimum Same

The size of the spreads is not specified, and the leverage is also unknown. Instead, GrandInvest mentions an Islamic account.

The broker also provides accruals to the account balance. True, you can get them only from the Silver tariff and beyond. The more money you have on deposit, the more interest you will get.

Trading Platform

GrandInvest promised a downloadable desktop version and a mobile app. In fact, it turns out that the broker provides only a web terminal. It allows you to view signals, connect to a social trading platform, and even stream your results.

GrandInvest - webtrader

Speaking about the functionality for trading, the indicators in the terminal are clearly not enough. If there are a dozen, that’s fine. There are graphic tools, you can change the timeframe and the chart display.

GrandInvest — Deposit and Withdrawal of Funds

Standard payment methods are available for customers:

  • Bank cards
  • Bank transfer
  • Crypto transfer.

The amount of commissions is unknown.


To pass KYC verification, you will need to verify:

  • Your identity
  • Place of residence
  • Payment information.

GrandInvest accepts photos or scanned documents. You can upload them in your client portal.

Is GrandInvest a Scam?

We think that a global broker would probably not avoid any mention of itself and its history. However, this is exactly what you can see on the GrandInvest website. The company tries very hard to maintain anonymity and literally does not disclose any information about itself. Of course, this leads to suspicion.

The broker’s User Agreement states that the management company is Nexus LLC (Number REG 1070 LLC 2021). It is quite expected that it is registered in Saint Vincent and the Grenadines.

Company check

However, something strange happens next. In the official registry of the Grenadines, there is a company called Nexus Markets LLC. Its registration number is different from the one specified in the agreement. The REG 1070 LLC 2021 number does not have any legal entity. Consequently, GrandInvest lies about having any legal registration. Domain Info

The user agreement also states that the company was founded in 2021. The domain check confirms that the site was created on November 12, 2021. In March 2022, it was captured on the Internet Archive.

Domain check

How can a company that has been working for less than a year claim to be a global broker?

Contacts Review

The ways to contact GrandInvest are ridiculously scarce. You can only use an email or a feedback form. The project doesn’t even have a phone or live chat.

Pros and Cons

  • Demo account.
  • Registration problems.
  • Lack of information about trading.
  • Fictional legal entity.
  • No license.
  • Short working time.
  • Few contacts.



GrandInvest Summary

GrandInvest - favi

GrandInvest is a typical scam that does not have any documents necessary for financial activities. There is no point in counting on profits. They don't even refund the deposit. You should not give such pleasure to scammers. It’s better to find a more reliable company.

Website information content 2
Client Portal 4
Trading conditions 3
Trading platform 3
Deposit and withdrawal 3
Verification 4
Licenses and guarantees 1
Work duration 2
Feedback 0

Frequently Asked Questions (FAQ)

What Does GrandInvest Offer?

It calls itself a global broker and offers CFD trading.

How Much Money Should I Invest With GrandInvest?

The company allows trading with a minimum deposit of $250.

Is It Safe?

Definitely not. This is a danger to your wallet.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Nita

    Don't deal with them

    Guys, don’t get fooled. It is very difficult to withdraw money. Rather impossible because I constantly had to send different amounts for something. Commissions, taxes, insurance… It’s useless.

  2. Nita

    Damn broker!

    I’ve lost 5K bucks here! It turned out that the money could not be withdrawn. To withdraw, they offered to activate the wallet and deposit $2000 there and then receive a withdrawal. In short, I had a very sad experience and lost my money. Contacting the police did not bring any results, they couldn’t find a trace of crooks on the Internet!

  3. Phile

    Scam ofc

    The standard site that scammers churn out. This office does not conduct any trade in the markets, especially international ones, and does not have the right to conduct it.

  4. Symone

    GrandInvest fools people

    I opened a Starting account with this broker. At the registration stage, everything went quite easily. Then I got verified. In the first week of trading, everything was ok. When the moment of withdrawal came, I could not withdraw the money. They reported that it was necessary to get approval for the application. No specifics. Support claimed that this was a system error, and everything would work out. It’s been over two weeks and nothing has changed.