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Home -
Broker -
GrowPlus Market -

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GrowPlus Market

Comoros | Within 1 year |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.growplusfx.com/

Website
Open Account Time Machine

Rating Index

Influence

Influence

D

Influence index NO.1

United Arab Emirates 2.46
Surpassed 11.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 45701103
support@growplusfx.com
https://www.growplusfx.com/
Bonovo Road - Fomboni, Island of Moheli, Comoros Union

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-07-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Comoros
Operating Period
Within 1 year
Company Name
GrowPlusMarket Limited
Customer Service Email Address
support@growplusfx.com
Contact Number
+97145701103
Company Website
https://www.growplusfx.com/
Account
Biz Area
Website
Company Summary
Comment

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Website

growplusfx.com
76.76.21.21
Server Location
United States
ICP registration
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Most visited countries/areas
--
Domain Effective Date
--
Website
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Company
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Company Summary

GrowPlus Market Review Summary
Founded2024
Registered Country/RegionComoros
RegulationNot Regulated
Market Instruments150+, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account✅
LeverageUp to 1:400
SpreadFrom 1.8 pips (Standard account)
Trading PlatformMT5
Minimum Deposit$1,000
Customer Support24/7 support
Phone: +97145701103
Email: support@growplusfx.com
Company Address: Office no 176-0, P1/Block R Building no, Saih Shuaib 2 Area, Dubai, UAE
Regional RestrictionsThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan
Bonus✅

GrowPlus Market Information

GrowPlus Market is a trading platform founded in 2024. It offers access to over 150 market instruments, including forex, stocks, indices, commodities, and cryptocurrencies. The platform provides a demo account for practice trading, with spreads starting at 0.0 pips. Trading is conducted on the MT5 platform, and the minimum deposit required to open an account is $1,000. GrowPlus Market offers three types of live accounts: Standard, Elite, and Pro.

GrowPlus Market's homepage

Pros and Cons

ProsCons
Three account typesUnregulated status
Demo accountsHigh minimum deposit requirement
Commission-freeRegional restrictions
50% deposit bonusUnknown payment methods
Diverse tradable products
24/7 support

Is GrowPlus Market Legit?

No. As an unregulated trading platform, GrowPlus Market cannot be considered a legitimate company. Please be aware of the risk!

No license

What Can I Trade on GrowPlus Market?

GrowPlus Market claims to provide over 150 types of tradable assets, including Forex, Stocks, Indices, Commodities, and Cryptocurrencies.

Trading AssetsAvailable
forex✔
stocks ✔
indices✔
commodities✔
cryptocurrencies✔
bonds❌
options❌
ETFs❌
funds❌

Account Type & Leverage & Fees

GrowPlus Market has three account types: Standard, Elite, and Pro. Each comes with distinct trading conditions.

Account TypeStandard Elite Pro
CurrencyUSDUSDUSD
Minimum Deposit$1,000$15,000$50,000
Maximum Leverage1:1001:2001:400
Spread from1.8 pips1.4 pipsRaw
CommissionNoNoNo
Swap-freeNoNoNo
Support24/7Relationship Manager24/7
Account comparison

Trading Platform

GrowPlus Market provides access to MT5 (MetaTrader 5), a powerful and versatile trading platform designed for advanced trading, in-depth market analysis, and seamless Forex and CFD trading.

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌/Beginners
MT5 platform

Deposit and Withdrawal

GrowPlusMarket claims to offer multiple options for depositing funds, although the specific methods are not clearly stated.

In the meantime, GrowPlusMarket promises to offer a 50% bonus on deposits.

Deposit and Withdrawal

Keywords

  • Within 1 year
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

User Reviews 1

All (1) Exposure (1)
Ir5418
Within 1 year
Exposure
Its a scam
Avoid opening an account with GrowPlusFX (growplusfx.com). They operate like a scam broker and are highly suspicious. Here are some serious issues I experienced: They act as a broker but make incorrect trades intentionally, causing losses—even when you use their “free RM (Relationship Manager)” service. It’s extremely difficult to withdraw money from your wallet to your bank account. Initially, they allow you to withdraw small amounts to gain your trust. After that, they block further withdrawals and require their approval—even if you have no open trades or positions. You lose control over your own funds. Please be very careful. This platform is not trustworthy. Once you deposit a larger amount, you will likely not get your money back.
06-19

United Arab Emirates
No more
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