Granite Trust Financial has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Granite Trust Financial offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Responsive team|Transparent fees|Segregated accounts
Cons: Nothing significant
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Granite Trust Financial 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: Lost entire investment|Reported to authorities|Unresponsive
My withdrawal request from Granite Trust Financial 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: High security standards|Fast support response|Responsive team|Fast deposits
Cons: None so far
I closed a profitable position at Granite Trust Financial and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Demo account available|Smooth onboarding|Two-factor authentication
Cons: Minor UI glitches occasionally
My withdrawal from Granite Trust Financial was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since early this year of being strung along.
Pros: Multi-currency support|Clear documentation
Cons: Limited demo account features|Wait times can be long during peak hours