Sometimes, the creativity of scammers is truly astonishing. Our Grand Imperium review covers a remarkable CFD/Forex broker that, in an attempt to appear licensed, invented a couple of regulators and even created fake documents supposedly issued to it. Naturally, all funds transferred to accounts opened here will end up in the scammers’ pockets. You can find more details about this unorthodox project below.
Key Features
- Company Name: Grand Imperium
- Website: https://grand-imperium.com/
- Available Contacts: [email protected]
- Foundation: 2024
- Services: Forex/CFD trading
- License: None
- Initial Deposit: $250
From Sign-Up to Payout
We haven’t seen a Forex/CFD broker website like this in a long time. Even at first glance, it looks like the amateur work of a student learning web design. The terrible color combinations, primitive images thrown together “just to be there” instead of actually illustrating the text, and slow loading times — all describe grand-imperium.com.
The content matches the design:
- The informational value of most pages isn’t just zero; it’s negative. For example, on the main page, we couldn’t find a single word of value for traders.
- There is absolutely no contact information or any specific company details. The only thing we found was the broker’s email on the trading platform.
- Instead of descriptions of markets and available assets, the Markets section simply suggests opening the trading platform. Is this a hint that everything can be found there? Then why bother creating an official website at all?
- The About Us page is a true masterpiece. It seems the company borrowed the site from a crypto exchange and was too lazy to change the texts.
- On the homepage, they promise access to 115,000 spot instruments and 150+ futures. However, in the terminal, we found only 415 assets, including currency pairs and CFD contracts. We’ll say it again — this site was originally designed for a crypto exchange, which could allow such a range of assets. But the creators of Grand Imperium couldn’t or didn’t want to make any changes.
Feel free to browse through this miserable site’s pages. We’re sure you’ll find plenty of details to amuse you. But after our initial encounter with this so-called website of a so-called company, we have no doubt — this is a scam project.
Our Trading Experience With Grand Imperium
Surprisingly, this pseudo-broker has a decent trading platform. However, this is not due to any effort from the platform’s personnel but rather the result of work by the developer.
We know for certain that Grand Imperium didn’t create it because we’ve seen this terminal used by other brokers many times. It’s based on a widget from TradingView and effectively implements:
- Multi-chart mode.
- Server-side order transmission using API functions.
- Technical analysis capabilities using indicators and graphic tools.
The platform even has an auto-trading option, although the user can only set a few parameters, like the risk level. There are no options for creating a custom trading bot.
There are other concerns with the broker, too. For instance, the trade parameters in the terminal don’t match those stated in the account types table. But does that really matter? What matters to the company is that clients bring in money; how they trade doesn’t concern the scammers in the slightest.
By the way, the trading conditions offered by the platform owners are hard to call favorable. Just consider the 2.9-pip spread for Gold and Platinum account holders with deposits of $100,000 and $500,000, respectively. Plus, there’s a 5% withdrawal fee, which goes to the broker alone, not counting payment system fees. In short, trading here is uncomfortable and mostly unprofitable. Then again, it’s no surprise; scammers never miss a chance to extract maximum profit from deceived clients.
The Reality Check
We understand that for many beginners promised quick and substantial earnings by Grand Imperium employees, the above points might not mean much. However, we have stronger arguments proving that this broker was created by scammers.
Since the company does not provide a registration location (not even a country), we conducted a broad search using OpenCorporates, a database containing information on over 222 million companies from all jurisdictions.
As we can see, the search returned five relevant results. Of the five companies with this name, two are inactive, and the three active ones are registered in the USA. They cannot be our broker, as CFD trading is banned in this country.
Of course, the OpenCorporates data cannot include every company in the world. However, we are confident that Grand Imperium exists solely online, without any official registration. As a result, it cannot conduct any real trading since, without a legal entity, it would be impossible to establish contracts even with quote providers, let alone liquidity providers. Thus, this virtual entity merely simulates trades with clients and pockets their money.
Naturally, there can be no talk of regulation or licensing for a non-existent company, as regulators do not issue permits to websites or other virtual entities. However, to avoid accusations of ignoring the broker’s published information, let’s examine the reference numbers and organizations that supposedly issued them.
Clicking the link to the European Financial Authority document opens an image uploaded to the website, supposedly confirming Grand Imperium’s authorization by FINAEU (which, curiously, is later referred to as the European Financial Commission). However the fake company names it, one fact remains clear: this European regulator exists only in the project owner’s imagination. A web search confirms that no such financial body exists in Europe.
A similar result came from a search for the Canadian regulator. But here, the situation is even funnier — Grand Imperium created an entire page for it on its own website.
In short, we’re looking at an attempt to mislead traders. Unfortunately for the broker, only inexperienced beginners would believe in non-existent licenses from non-existent regulators. We write our review to protect them from such costly mistakes.
How Long Has Grand Imperium Been in the Game?
The company does not mention its founding date either. However, it’s easy to determine Grand Imperium’s lifespan from open sources by simply checking the domain registration date on Whois.
We can see that the domain grand-imperium.com was registered only on September 12, 2024, so at the time of publishing our review, it’s been online for less than two months. Of course, the creators of this pseudo-company’s official website believe this is enough to gain a reputation among experts at leading industry publications and attract traders. We must disappoint them — that’s not how it works. Reputation takes years to build, and it’s impossible for scammers with a shoddy website and exploitative trading conditions.
Extra Fraud Indicators
The Grand Imperium website itself is a huge red flag for a scam project. But we’ve already covered that, so let’s look at other signs:
- The broker only accepts deposits in cryptocurrencies or transfers to personal bank cards. This makes sense since, being unregistered, it cannot open corporate accounts or bank cards. Crypto transactions allow it to remain anonymous.
- Talking about the security of client funds is a joke. Yes, the funds are perfectly safe on personal cards because they’ve already been stolen, leaving no room for other criminals to intervene. We would also like to see the ISO 27001 certificate claimed by the platform owners.
- In two months, the fake broker has managed to pay for around 15 reviews on Trustpilot and Reviews.io, where copywriters praise the company without mentioning any specifics and often without even understanding what they’re writing about. There are also a few flattering posts on Medium, also paid for by the site owners. However, on specialized sites, experts are unanimous — the company doesn’t deserve more than 2 out of 5, and the best descriptors are “scam” and “fraud.”
Altogether, this evidence is enough to avoid any dealings with Grand Imperium. We hope potential victims of this scam read our materials carefully.
Is Grand Imperium the Right Fit?
The conclusion of our Grand Imperium review is clear: the broker is a scam, and any funds sent to its accounts will be pocketed by fraudsters. The proof is undeniable: lack of registration and licensing, attempts to mislead traders, and unfavorable trading conditions, etc. We aimed to objectively assess both the broker and the services. While the company tries to build a positive image by paying for reviews, experts’ opinions are entirely different. They do not recommend trading on this platform due to extremely high risks. We also support this stance.
No warning signs, so I ended up dealing with the scammers at Grand Imperium and ended up with a lot of problems with my money and nerves. These scammers promise quick profits and persuade you to top up your account with a larger amount. They claim that the higher the deposit, the more profitable the trade, but there’s no proof to back this up. They don’t even mention risks. They may even show you payment screenshots as proof, but I believe they’re fake. In reality, you’ll trade a little, realize your money’s been stolen, and try to withdraw. At that point, they’ll ban you immediately and add you to a blacklist. And that’s where your relationship with the broker ends.