Gradepips has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Gradepips found at www.gradepips.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for over three years with Gradepips I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good analytical tools|Multi-device support|Fast deposits|Excellent charting
Cons: Withdrawal takes 1-2 business days|Currency conversion fee exists
After seeing ads for Gradepips online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Gradepips is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
I referred a friend to Gradepips through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Great customer service|Reliable uptime|High security standards
Cons: Slow to add new assets
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
I want to warn everyone about Gradepips. They have been flagged by Ontario Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I requested my data from Gradepips under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Risk management tools|Smooth onboarding|Market news feed|Multiple order types
Cons: Alert system is basic|Charting tools need more indicators
My withdrawal request from Gradepips has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Professional team|Copy trading available|Transparent fees
Cons: Spreads widen during volatile periods
My card was charged twice by Gradepips on the same day. I had to dispute it with my bank. Gradepips then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Regular updates|High security standards|Good analytical tools|Segregated accounts
Cons: Mobile app could be improved|Limited cryptocurrency options