Grand Trade Exchange Review – Is Investing in Grand Trade Exchange Safe?
Grand Trade Exchange Website – https://grandtrade.exchange/
Address – Marshall Islands|
Regulatory Warning – No Regulation
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Website Inaccessibility and Lack of Transparency
As of the moment, the official website of Grand Trade Exchange (https://grandtrade.exchange/) is down, preventing traders from accessing their accounts or collecting pertinent information. Non-functioning websites create a red flag for traders since this is often seen in platforms that mysteriously disappear after chucking most of their investors’ funds.
No Regulatory Oversight
The absence of regulatory approval is one of the most worrying things about Grand Trade Exchange. The very lack of oversight raises much doubt about how secure the thousands of traders’ funds are and the integrity with which the company operates.
Unattractive Trading Conditions
Even though Grand Trade Exchange says it offers a high leverage ratio of 1:500, such high leverage is very risky for new traders. Moreover, there is no support for the widely regarded trading software, MetaTrader. Most of the accounts do not support automated trading hence making it inconvenient for traders to implement advanced strategies quickly. The commission structure is unclear.
Investor Complaints and Warning Signs
Difficulties in fund withdrawals have been reported by many traders, suggesting possible fraud. For a platform that possesses a non-functioning website, an unregulated market, and untradeable trading conditions, it deserves no trust at all for this reason: Grand Trade Exchange.
Have you lost your investments to Grand Trade Exchange ? Find out the way to recovery.
You are not alone if you have suffered a financial loss due to Grandtrade.exchange. Many people are unable to recover their money, but there is hope.
We have a team of financial recovery professionals who can help. Fill a form and get a free consultation today.
How to Stay Safe?
- Research any investment platform thoroughly before depositing funds.
- Check the licensing at the official regulatory website.
- Watch out for websites offering high returns without any risk involved.
- Do not share sensitive personal or banking details with unverified entities.
- Report fraud cases promptly to financial authorities in case the suspect fraud happens.
What to Do If You Suspect a Scam?
Take the following steps if you have been scammed by Grand Trade Exchange :
- Contact Your Bank or Payment Service Provider: If you used a credit card or any other banking method to pay, then you can make a chargeback at the bank or the service provider.
- Collect Your Evidence: Keep all the records including transaction details, emails, and any form of communication you had with the platform.
- Report the Incident: Contact your country’s financial regulatory department and law enforcement.
- Get Expert Help: Professionals of Scams Report can help trace the stolen funds and further discuss recovery options.
Fill out the form above to connect with experts. Act fast—time matters when recovering funds.
Our Social Pages
Note: The information provided in the above Grand Trade Exchange review is derived from existing web Grand Trade Exchange reviews. Please be aware that we cannot be held liable for any legal action taken by Grandtrade.exchange company. If you have any inquiries or concerns, kindly reach out to us via email at admin@scamsreport.net.
