GREY MAX CAPITAL has been flagged by Comisión Nacional del Mercado de Valores 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.
I gave GREY MAX CAPITAL a fair chance. After for the past six months 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: Segregated accounts|Clear documentation
Cons: Could offer more webinars|Withdrawal takes 1-2 business days
GREY MAX CAPITAL 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: Easy to use platform|Full transparency|Great customer service|Dedicated account manager
Cons: Limited ETF selection
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that GREY MAX CAPITAL has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
Customer support at GREY MAX CAPITAL seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Tax reports included|Full transparency|Risk management tools
Cons: Mobile app could be improved|Help articles are sometimes vague
I lost a significant amount because GREY MAX CAPITAL 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: Personal attention|Easy to use platform
Cons: Would like more payment methods|Help articles are sometimes vague
I was contacted by GREY MAX CAPITAL through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
Do not be fooled by the professional-looking website. Behind the scenes, GREY MAX CAPITAL is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Regular platform improvements|Tax reports included|Multi-currency support|Instant funding
Cons: Limited demo account features
If you are reading this considering GREY MAX CAPITAL - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Educational resources|Dividend tracking
Cons: Wait times can be long during peak hours
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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction