Support How we work
EN DE
Forensics
Source
Group®
Send your records
Forensic review · October 2026

GRAND MARKETS Review — Is GRAND MARKETS a Scam?

Forensics Source Group is not affiliated to this broker. We do not hold this account, we cannot close a balance, and we do not phone you as this firm.

Yes. GRAND MARKETS is an Australia-registered CFD broker offering MT4/MT5 forex, commodity and crypto trading under an ASIC institutional licence that does not cover its retail forex business, plus Mauritius and Anjouan offshore licences. The notices are written once, in the block below. If you paid grandmarkets.com, the date and how you paid are the part this review cannot see.

Send this to Forensics Source Group
The short answerIt's a scam
WithdrawalsBlocked or stalled
What to doSend it to Forensics Source Group
The record

What the notices say

  • Claims ASIC licence 554475 — but WikiFX's risk alert (7 October 2026) states: “This broker is not licensed to conduct retail forex business.” The licence exists; the product it sells you is outside it.
  • Stacks offshore layers on top: Mauritius FSC and the Anjouan Offshore Financial Authority (a known licence mill), with leverage of 1:1000 confirming retail business outside ASIC scope.
  • WikiFX shows a “Regulated” badge and 7.04 score directly beside the not-licensed-for-retail-forex warning — an internally contradictory listing.
  • User feedback is “unusually glowing” and likely seeded, with Chinese-language replies from an “official” account.
Loss or this pattern

A trading loss and this pattern are not the same

A trading loss is a real position that moved against you. You can see the trade. The pattern below is a different event.

  • an ASIC number that turns out not to cover the product you were sold
  • glowing reviews that look seeded rather than organic
  • 1:1000 leverage marketing that no Australian retail licence permits
  • offshore fallback licences from a known licence mill
FAQ

Frequently asked questions

Can you close my GRAND MARKETS account, or have the person who phoned me call again?

Forensics Source Group is not affiliated to this broker. We do not hold an account at grandmarkets.com. We cannot confirm a balance, close an account, or phone you as GRAND MARKETS.

GRAND MARKETS says I must pay a tax or fee before withdrawing — should I?

No. A real broker deducts a fee from the balance. A new payment to release your own money is a second charge. Keep the message that asked for it.

What do you do with what I send?

We place it next to the record above. Where the same payment shows up from other people, those files can sit together as a class action. The first look is free.

Verified client feedback

Client comments

Comments are moderated. We only publish comments from verified clients.

0 / 1000

Your email is never published. Comments appear only after moderation by our team.

Forensics Source Group is not affiliated to this broker. We cannot close an account or confirm a balance. Write the date and how you paid.

Office5615 Concord Pike, Wilmington, Delaware 19803, USA
CoverageUnited States · United Kingdom · European Union · Germany
Forensics Source Group operates lawfully and only on systems, devices and accounts our clients own or are legally authorized to examine. This review is a forensic assessment of publicly observable information as of October 2026; it is not investment advice.