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GRAND BLOOM FROEX -

Score

1.36 /10
Danger

GRAND BLOOM FROEX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

http://www.fxgrandbloom.com/index.php

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Score

Regulatory Index0.00

Business Index5.81

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 226230) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

GRAND BLOOM FROEX · Company summary

Note: GRAND BLOOM FROEX's official website: http://www.fxgrandbloom.com/index.php is currently inaccessible normally.

GRAND BLOOM FROEX Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationASIC
Market InstrumentsForex, indices, commodities
Account TypePersonal account
Demo Account✔
Trading PlatformMT4
Maximum Leverage1:200
Min Deposit￡100
SpreadsAs low as 0 pips
Deposit & WithdrawalCredit/debit card, bank transfer
Customer SupportEmail: support@fxgrandbloom.com
Physical Address: 130 Old Street, London, England, EC1V 9BD, United Kingdom

GRAND BLOOM FROEX Information

GRAND BLOOM FROEX, founded in 2021, is a brokerage registered in the United Kingdom. It provides forex, indices, commodities for traders to trade. It is regulated by Australia.

Pros and Cons

Pros Cons
MT4 supportedSuspicious clone.
Demo accounts providedSingle Account Type
Low Minimum DepositLimited commissions information

Is GRAND BLOOM FROEX Legit?

GRAND BLOOM FROEX is regulated by Australia. It has 1 type of license - ASIC. Its current status is suspicious clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
AustraliaASICDOO INSURANCE BROKER AU PTY LTDInvestment Advisory License226230Suspicious Clone
Is GRAND BLOOM FROEX Legit?

What Can I Trade on GRAND BLOOM FROEX?

GRAND BLOOM FROEX offers traders forex, indices, commodities ro trade.

Tradable Instruments Supported
Forex pairs✔
Commodities✔
CFDs✔
Shares❌
ETFs❌
Cryptocurrencies❌
Currencies❌
Metals❌
Indices❌
Futures❌
Options❌

Account Type

GRAND BLOOM FROEX provides 1 type of account - Personal Account.

GRAND BLOOM FROEX Fees

GRAND BLOOM FROEX charges no commissions for per trade. Its spread is 1.6 pips for QRS Cent Account, 1.3 pips for QRS Freedom Account, 1.6 pips QRS Standard Swap Free Account, 0.8 pips for PRO MT5 Account.

Trading Platform

GRAND BLOOM FROEX's trading platform is MT4 platform, which support traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTrader✔Web, Mobile
MT5❌

Deposit & Withdrawal

GRAND BLOOM FROEX provides 2 deposit and withdrawal methods - credit/debit cards and bank transfers. The minimum deposit is ￡100.

User Reviews

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User comment

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Comments

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Raphaël Hu
more than one year
Spreads here are quite tight... But in a good way, of course. They're transparent, reliable, and a major reason I keep coming back.
Spreads here are quite tight... But in a good way, of course. They're transparent, reliable, and a major reason I keep coming back.
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2024-07-10 17:56
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
more than one year
Low spreads are great. MT4 is solid. Customer service is quick to respond. The only drawback is that the status of their ASIC license seems abnormal?
Low spreads are great. MT4 is solid. Customer service is quick to respond. The only drawback is that the status of their ASIC license seems abnormal?
Translate to English
2024-06-27 15:11
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