Grand Imperium has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
What really bothers me about Grand Imperium is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after reading several online reviews and I fell for the polished exterior. Never again.
Pros: Market news feed|Dedicated account manager|Regular platform improvements
Cons: Website design could be more modern|Spreads widen during volatile periods
The hidden fees at Grand Imperium are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Good analytical tools|Two-factor authentication|Quick verification|Risk management tools
Cons: Alert system is basic|Nothing significant
Grand Imperium 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: Demo account available|Market news feed
Cons: No phone support on weekends|Withdrawal takes 1-2 business days
I referred a friend to Grand Imperium based on a colleague's recommendation. 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: Excellent charting|Clear documentation|Fast execution|Great customer service
Cons: Account statements could be more detailed
I wanted to transfer my portfolio from another broker to Grand Imperium. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast execution|Dedicated account manager|Detailed reporting|Social trading features
Cons: Some tools only available on higher tiers
I want to warn everyone about Grand Imperium. 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.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Grand Imperium locked my account without warning and demanded documents I had already submitted. since I opened my account last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Copy trading available|Good mobile app
Cons: Would like more payment methods|Could offer more webinars
If you are reading this considering Grand Imperium - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Economic calendar|Reliable uptime|Educational resources|Two-factor authentication
Cons: Charting tools need more indicators|Desktop app not available on Linux
After spending for over three years trying to make Grand Imperium 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: Regular platform improvements|Easy withdrawals|Market news feed
Cons: Research section could be deeper|Search feature is basic
I lost a significant amount because Grand Imperium did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Automated trading options|Personal attention|Dividend tracking
Cons: Minor UI glitches occasionally