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Score

1.28 /10
Danger

GREATACY

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://greatacy.com

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Regulatory Index0.00

Business Index5.24

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GREATACY · Company summary
GREATACY Review Summary
Founded2017
Registered Country/RegionUnited Kingdom|
RegulationNot regulated
Market InstrumentsForex, Stocks, Cryptocurrencies
Demo AccountAvailable
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5
Min Deposit250 USD
Customer SupportEmail: info@ilimitsinvest.com. (Working hours: 24/5)Phone: +971503721960. (Monday-Friday from 8 am to 5 pm)Address: Trade Center Sheikh Zayed Rd. 2nd floor, ASPIN commercial tower.

GREATACY Information

GREATACY is a Forex broker founded in 2017 and headquartered in the United Kingdom. The company supports a range of trading platforms, including MT4 and MT5, as well as tradable assets including forex, stocks and cryptocurrencies. GREATACY offers a minimum deposit of $250 and a maximum leverage of 1:500.

Pros and Cons

ProsCons
Competitive SpreadsLack of Regulation
Versatile Trading Platforms (MT4 and MT5)Relatively High Minimum Deposit
Flexible Account Types (Standard, ECN, Islamic)High Leverage
Demo Account available
Convenient Deposit and Withdrawal Methods

Is GREATACY Legit?

GREATACY is a forex broker that is not regulated by any major financial regulator.

What Can I Trade on GREATACY?

ILimits Invest offers traders the opportunity to trade Forex, Stocks, and Cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Crypto currencies✔
Stocks✔
Precious metals❌
Energy products❌
Mutual Funds❌
Futures❌

Account Types

GREATACY offers three different account types:

Standard account: Spreads start at 0.0 points and can be used on the MT4 and MT5 trading platforms with a minimum deposit of $250.

ECN Account: Has an ultra-low spread starting at 0.0 points with a minimum deposit requirement of $500.

Islamic Account: Deposit $250.

Standard AccountECN AccountIslamic Account
Minimum Deposit$250$500$250
Spreads From(pips)From 0 pipsFrom 0 pipsN/A

Leverage

GREATACY offers a maximum leverage of 1:500, which is considered to be a high level of leverage.

GREATACY Fees

GREATACY offers a variety of spreads depending on the type of account and trading instrument. Standard accounts offer spreads starting at 0.9 points, while ECN accounts offer ultra-low spreads starting at 0.0 points.

Account TypeInstrumentSpread
StandardMajor pairs0.9 pips
StandardMinor pairs1.4 pips
StandardExotic pairs1.9 pips
ECNMajor pairs0.0 pips
ECNMinor pairs0.1 pips
ECNExotic pairs0.3 pips

GREATACY does not charge commission on standard transactions. However, there are commissions for trading foreign currency pairs or using margin accounts.

TypeCommission
Exotic pairs3.0 pips
Margin accounts1.5% of the deposit amount

Trading Platform

MT4 and MT5 are chosen by GREATACY to serve clients of different preferences.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Windows, MAC, IOS, AndroidInvestors of all experience levels
MT5✔Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

GREATACY offers a variety of payment methods for users' convenience:

The platform supports major credit cards such as Visa, mastercard, Discover and American Express, and charges a 2.9% processing fee per card, plus a $0.30 transaction fee.

Debit card payments, which can also be accepted through Visa, Mastercard and Discover, have the same fee structure.

For those who choose to make ACH transfers from a U.S. Bank account, GREATACY charges a minimum fee of $0.25.

It does not currently accept PayPal or other online payment processors.

User Reviews

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FX1609351018
more than one year
With GREATACY, I've noticed a bit of a snag, particularly when it comes to pulling out my hard-earned cash. The withdrawal options are a tad limited, especially for folks like me based in Southeast Asia.
With GREATACY, I've noticed a bit of a snag, particularly when it comes to pulling out my hard-earned cash. The withdrawal options are a tad limited, especially for folks like me based in Southeast Asia.
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2024-01-29 11:39
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FX1582721970
more than one year
GREATACY falls short of expectations, displaying unreliability and privacy concerns. Following my demo account sign-up, I've been inundated with daily calls from various numbers, often with questionable intentions and poor communication skills.
GREATACY falls short of expectations, displaying unreliability and privacy concerns. Following my demo account sign-up, I've been inundated with daily calls from various numbers, often with questionable intentions and poor communication skills.
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2023-12-29 18:17
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