Company Summary
| Grow Trade MatrixReview Summary | |
| Founded | 2024-10-28 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Trade Forex, Stocks CFDs, Indices, Commodities, and Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | up to 1:500 |
| Spread | start from 0.0 pips |
| Trading Platform | MT4/MT5 |
| Min Deposit | / |
| Customer Support | 24/5 customer support |
| Tel: +97143277592 | |
| Email: Contact@growtradematrix.com | |
| Regional Restrictions | citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan are not allowed |
Grow Trade Matrix Information
Grow Trade Matrix is an unregulated broker, offering trading on trade forex, stocks CFDs, indices, commodities, and cryptocurrencies with leverage up to 1:500 and spread from 0.0 pip on the web-based trading platform.
Pros and Cons
| Pros | Cons |
| Tight spreads | No regulation |
| With demo account | Inaccessible website(partful links) |
| Various trading products | |
| MT4/MT5 platform | |
| Using margin trading is allowed |
Is Grow Trade Matrix Legit?
No. Hankotrade currently has no valid regulations. Please be aware of the risk! It provides 0.01 lots and margin-used trading to profit from Forex pairs, even with small deposits.
What Can I Trade on Grow Trade Matrix?
Grow Trade Matrix provides a wide range of trading products such as forex, stocks CFDs, indices, commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
Account Type
The broker does not provide any information about its accounts except demo account.
Leverage
The broker offers max leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Grow Trade Matrix Fees
Spreads
The spread is fixed at 0.0 pip.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | online web trader | Beginners |
| MT5 | ✔ | online web trader | Experienced trader |
Deposit and Withdrawal
The broker's website has not clearly provided information about deposit/withdrawal amount.
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