Not Regulated

Score

0 1 2 3 4 5 6 7 8 9

/10

GRINDMATRIX

Nigeria | Within 1 year |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://grindmatrix.com/

Website

Open Account Now Time Machine

Rating Index

Contact

+234 7031594191

https://grindmatrix.com/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-16

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Nigeria

Operating Period

Within 1 year

Company Name

GrindMatrix

grindmatrixx@gmail.com

Contact Number

+2347031594191

Company Website

https://grindmatrix.com/

Account Info

Verified Site

About Us

Wiki Q&A

Comment

Account Info

Trading Env.
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
USD 249
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum Trade Size
--
Commission
--
Trading Instruments
--

Trading Instruments

Last Updated： 2026-04-16

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Details

Official Website

Verified Site

grindmatrix.com
147.79.103.162
Server Location
France
ICP Registration No.
--
Top Visitor Locations
--
Creation Date
--
Website Name
--
Company
--

Review summary

GrindMatrix is a retail trading entity established within the past year and registered in Nigeria. According to WikiFX data, it operates with no valid forex trading licenses from recognized regulatory authorities, categorizing it as an unregulated entity with a corresponding WikiFX score of 1.11. This lack of authoritative financial oversight is a significant concern for traders. The broker offers five account tiers with minimum deposits ranging from USD 20 to USD 249, all supporting EAs and scalping. Overall, the broker's regulatory status, short operational history, and low score present a profile of elevated risk. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)

Company Profile

Within 1 year
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is GRINDMATRIX safe and reliable?

According to WikiFX data, GRINDMATRIX presents a very high-risk profile. It holds a low WikiFX score of 1.11 and operates without any valid licenses from recognized financial authorities, categorizing it as an unregulated entity. The broker has been operating for less than a year, which further contributes to its high-risk assessment. Traders should approach with extreme caution.

In a week

United States

Is GRINDMATRIX regulated?

No. GRINDMATRIX is not regulated by any recognized financial authority. The broker is registered in Nigeria and operates without oversight from major regulators such as the FCA, ASIC, or CySEC. This lack of regulatory supervision is a significant risk factor for client funds and fair trading practices.

In a week

United States

What is the minimum deposit of GRINDMATRIX?

GRINDMATRIX offers five account tiers with varying minimum deposits. The Silver account requires a minimum deposit of USD 20, the Bronze account requires USD 30, the Economy account requires USD 100, the Gold account requires USD 199, and the Diamond account requires USD 249.

In a week

United States

Does GRINDMATRIX support MT4 or MT5?

The specific trading platforms supported by GRINDMATRIX are not currently publicly disclosed. However, all five of its account types do support the use of Expert Advisors (EAs) and scalping strategies.

In a week

United States

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