Grinta Invest Review
Clients of Grinta Invest are offered two commission-free account types with variable spreads, market execution, leverage up to 1:500, and the option to trade in micro lots on the popular MetaTrader 4 platform.
Overall, Grinta Invest’s trading conditions are reasonable. The initial deposit required is typical and the maximum leverage levels provided are high, which is common for brokerages registered offshore. Meanwhile, the spreads on Standard account are above the average range of 1.0 – 1.5 pips for the EUR/USD pair.
The Company. Security of Funds
Active since 2015, Grinta Invest offers trading in around 30 currency pairs, precious metals, and various CFDs on the MetaTrader 4 platform. It claims to be a STP/ECN brokerage.
The company that owns and operates the Grinta Invest brand and website is Grinta – Invest Limited, which is registered in the Marshall Islands. Payment services are provided by UK-based Grinta Holdings Limited.
Brokers based in Marshall Islands are not under any regulation. Trading with offshore and non-regulated brokers is extremely risky as clients of such companies have no protection in case something goes wrong. What is more, many of these brokers are fraudsters seeking to cut financial and regulatory corners.That is why we generally advise traders to avoid offshore brokerages and choose among those duly regulated by the FCA, CySEC or ASIC.
Nonetheless, the user reviews for Grinta Invest on various forex websites and forums are overall positive, and its trading conditions are reasonable, so if you prefer offshore brokers for some reason, this may be a good choice for you.
The broker supports the ever-popular MetaTrader 4 platform, available as desktop version and mobile apps.
This professional, fully-featured software provides traders with everything they need: ease of use, fast order execution, a variety of technical analysis indicators, advanced charting package, back-testing options and the ability to develop and to use Expert Advisors (EA).
Grinta Invest offers a Refer-a-friend program. The referral reward varies depending on the size of the initial deposit of the referred client, as follows:
From $500 up to $1500 => $150
From $1501 up to $4000 => $300
From $4001 and above => $700
Methods of Payment
Grinta Invest offers a large number of payments methods: bank wire transfer, credit/debit cards and e-wallets Skrill & Neteller.
Grinta Invest is an offshore MT4 broker, whose offerings are quite reasonable. The thing we like best about Grinta Invest is its STP/ECN environment. Its main disadvantage is that it is not regulated by any authority.
Grinta Invest Review Conclusion
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