Grow Pro Markets is an anonymous broker offering unfair trading conditions. Our growpromarkets.com review exposes why this broker doesn’t deserve your attention. Accountability and transparency are out of the question with GrowPro Markets.
Here’s our clear GROW PRO MARKETS REVIEW.
Recently, members have been complaining of withdrawal blockades from the broker. In addition, the broker fails to respond to queries. We sent some emails, waiting for a response that wasn’t forthcoming. And that’s what other members are experiencing.
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The broker claims to produce a service that contributes to customer satisfaction. That’s not the case here. There are several red flags worth mentioning with the broker. Apart from accountability and transparency, there are other red flags;
These are but a few red flags to spot with the broker. And that means you will likely face a problem with the broker. Members are up in arms as they term the brokerage as ill-conceived. No member has come out heaping praise on the platform.
And this goes to show what you will likely face as a trader.
Grow Pro Markets is not the broker you would trust to offer fair liquidity services. Moreover, the broker enjoys zero ratings from the forex community. So we have to expose growpromarkets.com for failing to provide suitable trading conditions.
On the homepage, the broker claims to offer an MT4 trading platform. That’s not the case, as the broker avails of a custom-built trading platform. There are a few glaring issues with custom-made trading terminals.
These include an unstable platform that fails to load all available trading instruments. The instability creates a risk for members. Slow execution is part of the norm with this trading platform.
And this goes to show what members are missing out on with world-class trading terminals.
You must get MT4 or MT5 trading terminals which are best for trading. Here’s why;
These are why any sane broker will offer members MT4 or MT5 terminals. The terminals are simply the best for trading.
There’s no denying the broker fails to mention anything about possible accounts. It seems the broker intends to have members sign up without asking questions. We have to ask the right questions before trading with any accounts.
All we get is a call to action to sign up and enjoy the set trading conditions. No member knows the acceptable minimum deposit for the one available account. We also don’t see the leverage and spreads set by the broker.
Let’s first start with the acceptable minimum deposit. The industry agrees to $250 as the acceptable minimum deposit. Any amount higher than that is a risk, especially for newbie traders. And this is why the broker fails to list the acceptable minimum deposit.
You get a call from the broker urging you to deposit more funds. According to them, the more you deposit, the higher your chances of winning. Unfortunately, these are false claims as the broker fails to list set conditions.
Leverage and spreads are missing not only from the homepage but also from the account’s page. For example, the acceptable leverage for forex assets is 1:100. We see a broker setting leverage above this amount. And that’s why we have to expose the broker’s specified conditions.
There are five classes of trading instruments available on the platform. These include commodities, cryptos, forex, indices, and stocks. Some of the commodities include energy, oil, and sugar.
The broker promises over 60 crypto pairs. These include major cryptocurrencies paired against each other. In addition, the broker also pairs crypto assets against leading forex pairs.
Forex trading is the broker’s biggest activity. The broker promises over 100 major and minor currency pairs. Sadly, there are no exotic pairs on the platform. And this means traders won’t spread their risks with such pairs.
Indices available include those from America, Asia, and Europe. Some of the indices include DAX and Dow Jones, an excellent opportunity for day traders. The broker also offers limited shares for trading.
Don’t expect the broker to offer such especially live contact. The contact page has a phone number that rarely goes through. We see a broker who is in no mood to talk with members. A broker blocks communication and limits it to written form.
There are several deposit options, including bank and wire transfers. The broker sometimes accepts crypto payments to users who have access to crypto. We see a broker who insists on crypto payments due to the anonymous nature of it all.
Withdrawing funds from the broker remains the biggest challenge facing members. However, no member has made any withdrawals for the past few weeks.
You deposit funds and start trading. The broker reveals their true intent when you want to withdraw funds from the platform. You won’t even get to withdraw the principal amount, let alone the profit made.
That’s what’s happening to the current crop of traders.
Grow Pro Markets fails to have any permit from regulators to offer liquidity services. And that means we have a broker who doesn’t offer much credibility. These are brokers who ail in matters concerning transparency.
Before you sign up with any broker, you must do due diligence. First, determine from regulators whether the broker has a permit to operate. Some of the best regulators include ASIC, BaFIN, CFTC, CySEC, and the FCA.
Don’t fall for the client testimony listed on the homepage. The broker uses stock images and writes moving comments to entice members to sign up. Again, we see a broker who will cut corners to have you sign up with them.
You won’t get any favorable mentions of the broker anywhere outside the platform. And that’s one of the reasons why we insist the broker is a scam.
Your funds are far from safe with this trading platform. The broker fails to offer insurance coverage for deposits made by the public.
Please stay away from the broker or risk losing it all.
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