Forex Brokers

Grace Morley & Associates

1.5 (11 reviews)
🇦🇺 Australia
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1.5
11 reviews
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About Grace Morley & Associates

Grace Morley & Associates has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (1) 212 937 3505, fax (1) 212 658 9177

Addresses: 557 Madison Avenue New York NY 10002 USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.gracemorley.com.

Customer Reviews

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I have filed a complaint

M
Maya F.
1 weeks ago

After spending since I opened my account last year trying to make Grace Morley & Associates work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Two-factor authentication|Market news feed

Cons: Research section could be deeper|Charting tools need more indicators

Failed me when I needed them most

G
Gabrielle A.
1 months ago

Grace Morley & Associates has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Dividend tracking|Professional team|Stable platform|API access

Cons: Email notifications too frequent

Dealing desk manipulation

H
Hugo N.
1 months ago

I experienced a security concern with my Grace Morley & Associates account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Copy trading available|Multiple order types

Cons: No live chat on mobile|No integrated tax optimization

No sub-accounts

K
Karen C.
2 months ago

Opened my account with Grace Morley & Associates after comparing multiple platforms and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Dividend tracking|Reliable uptime|Multi-currency support|Fast support response

Cons: Live chat only during business hours

Terms of service are one-sided

L
Lily R.
4 months ago

The only good thing about Grace Morley & Associates is that they remind you why regulation matters. I found them after reading several online reviews. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Low minimum deposit|Fast execution|Comprehensive tools

Cons: Live chat only during business hours

Platform manipulated during volatility

S
Steven X.
4 months ago

Grace Morley & Associates seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Good mobile app|Fast support response

Cons: Live chat only during business hours

Paper trading not available

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Hannah T.
7 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Grace Morley & Associates recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Clear documentation|Dividend tracking|Multi-currency support|Smooth onboarding

Cons: No live chat on mobile|Currency conversion fee exists

Bonus terms impossible to meet

C
Connor S.
9 months ago

The onboarding at Grace Morley & Associates was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Reliable uptime|Professional team|Multi-currency support

Cons: None so far|Website design could be more modern

Spread betting is rigged

N
Nora A.
10 months ago

I had a dispute with Grace Morley & Associates and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Portfolio tracking tools|Competitive fees|API access|Clean UI

Cons: Limited ETF selection|Cannot customize dashboard fully

They bet against their clients

E
Emma A.
11 months ago

The spread at Grace Morley & Associates is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.

Pros: Reliable uptime|Detailed reporting|Copy trading available

Cons: Search feature is basic|Desktop app not available on Linux