Gradepips (gradepips.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: gradepips.com.
I had a dispute with Gradepips (gradepips.com) 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: Fast deposits|Multiple order types|Helpful community forum|Market news feed
Cons: Inactivity fee applies after 12 months|No integrated tax optimization
I gave Gradepips (gradepips.com) a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Fast support response|Segregated accounts
Cons: Research section could be deeper
KYC with Gradepips (gradepips.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Quick verification|Regular updates|Professional team|No hidden fees
Cons: Minor UI glitches occasionally
I opened an account with Gradepips (gradepips.com) for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Risk management tools|Customizable dashboard|Low minimum deposit|Intuitive for beginners
Cons: Help articles are sometimes vague|No integrated tax optimization
Do not be fooled by the professional-looking website. Behind the scenes, Gradepips (gradepips.com) is disorganized and incompetent. I found them through my accountant's suggestion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Responsive team|Regular platform improvements
Cons: Mobile app could be improved
I trusted Gradepips (gradepips.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Smooth onboarding|Easy to use platform|Multiple order types
Cons: Charting tools need more indicators|Search feature is basic
I referred a friend to Gradepips (gradepips.com) after reading several online reviews. 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: Easy to use platform|Wide product range|Multi-device support|Professional team
Cons: Account statements could be more detailed|Minimum deposit could be lower