Forex Brokers

Grove-Assets

1.3 (9 reviews)
🇳🇿 New Zealand
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1.3
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About Grove-Assets

Grove-Assets 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.

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Customer Reviews

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Red flags everywhere

H
Harry A.
1 weeks ago

After seeing ads for Grove-Assets online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. 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

Failed me when I needed them most

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Andrea I.
4 months ago

I have been trying to close my account with Grove-Assets for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Tax reports included|Market news feed|Low minimum deposit

Cons: Limited cryptocurrency options|Search feature is basic

My trust has been shattered

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Wesley O.
5 months ago

My withdrawal request from Grove-Assets 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: API access|Economic calendar|Easy withdrawals

Cons: No crypto staking|Wish they had more educational resources

Regulatory warning exists for this firm

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Alex O.
7 months ago

For anyone considering Grove-Assets, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Platform crashes at the worst times

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Kimberly Y.
8 months ago

I had a dispute with Grove-Assets 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: Automated trading options|Multiple order types|Risk management tools

Cons: Help articles are sometimes vague|No fractional shares

Unacceptable level of service

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Owen L.
9 months ago

I opened an account with Grove-Assets for nearly two years 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: Real-time alerts|Social trading features|Smooth onboarding

Cons: No dark mode on mobile|Limited ETF selection

Nothing but problems since day one

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Alice Z.
10 months ago

Customer support at Grove-Assets 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: Portfolio tracking tools|Quick verification|Regular platform improvements|Segregated accounts

Cons: None so far

Scam alert - They took my money

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Laura T.
11 months ago

I invested $2,000 with Grove-Assets after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Pros: Professional looking website

Cons: Blocked my account|No legitimate license|Fake returns

A sinking ship

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Emma H.
11 months ago

After since early this year with Grove-Assets, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Good analytical tools|Fast deposits|Segregated accounts|Fast support response

Cons: No dark mode on mobile