Our Grandva Capital Review is here to expose this anonymous fraudster that disguised its scheme as an investment opportunity. The scam revolves around an online platform that is supposed to trap users’ funds.
In order to avoid falling victim to this unscrupulous plot, we advise you to read our analysis. Learn how you can detect cyber scams such as Grandva Capital and External Coins and how to retrieve lost funds.
| Regulated by: | Unregulated Investment Scam |
| Is This Company Safe? | No |
| Known Websites: | grandvacap.com |
| Have Warnings from: | N/A |
| Registered in: | US (allegedly) |
| Operating since: | 2023-04-12 |
| Trading Platforms: | MT5 |
| Maximum Leverage: | N/A |
| Minimum Deposit: | 100 USD |
| Deposit Bonus: | N/A |
| Trading Assets: | Stocks, Bonds, Real Estate, Cryptocurrencies |
| Free Demo Account: | Unavailable |
| How to Withdraw from This Company? | Since this company is unlikely to return your money – contact your bank or financial regulator, or simply reach out to us for professional assistance in recovering your funds. |
Legal Info: Is GrandvaCap Regulated?
According to the US Securities and Exchange Commission (SEC), Grandva Capital LLC is an investment advisor headquartered in California, USA. Yet, the bogus website claims this business is based in New York when the SEC’s register says California.
Moreover, the shady website did not include a phone number. We have to admit that it is a cunning disguise, which would fool many. That is why reviews such as this one exist, to prevent that from happening.
Instead of trusting unregulated providers, you should stick to licensed investment firms and advisers operating under the supervision of a reputable financial authority such as the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), CySEC (Cyprus), etc.
Who Are Grandva Capital’s Targets?
According to godaddy.com/whois, the grandvacap.com website domain was created on April 12, 2023, two years after the real firm was registered. Since then, the financial swindler has been targeting mainly unsuspecting traders who reside in the following countries:
- United States;
- Brazil;
- Mexico.
These countries, especially the US, are strictly regulated in terms of the financial market. Unlicensed entities, or foreign providers such as Levetrade, cannot legally operate under the SEC regulator’s jurisdiction. This platform is not transparent, it is a fraudulent attempt to steal honest people’s money.
Trader Reviews – Sharing Experiences
If you need more proof that this is a scam, simply check out the lengthy piece of expose, i.e. complaint against the company on scampulse.com. This unfortunate victim lost nearly 20,000 USD to this fraud.
It seems Grandva Capital is using WhatsApp to reel in potential users and entice them by presenting lucrative offers. Afterwards, users are instructed to invest money in the MT5 platform, which they may never see again.
Crypto deposits are yet another shady practice cyber con artists are known for. One more negative review can be found on trustpilot.com. Please avoid trading on unregulated platforms such as Grandva Capital and instead stick to transparent firms.
Which Trading Platform Is Available?
According to the complaint we previously talked about, Grandva Capital provides users with MetaTrader 5, arguably the best trading platform in the industry. This advanced software comes with a wide range of cutting-edge tools such as automated trading options, live market reports, lightning-fast order execution, and multiple timeframes.
However, we highly doubt that this is a legitimate and full version of MT5. It could be a demo mode so we wouldn’t trust the despicable firm on this one.
Even if it were the real deal, you cannot forget that this platform is unregulated and thus extremely risky. For that reason, please stick to licensed MT4 and MT5 providers.
Trading Conditions
“Fund account with as little as $100 and start trading the global financial markets,” says the website but how is one supposed to trade when the trading conditions are unknown?!
Spreads and commissions, i.e. trading costs, as well as the maximum leverage, were not disclosed, which raises concern. Such a lack of transparency raises concern.
If you are a beginner, you should not be risking real money straight away. Unfortunately, Grandva Capital doesn’t support a free demo account. Every legitimate firm nowadays offers a demo account so be sure to choose the right provider.
Deposit and Withdrawal Process
Grandva Capital states that there are several available payment methods that can be used to fund live trading accounts:
- Credit/debit cards (MasterCard, VISA);
- Wire transfers;
- PayPal;
- UnionPay;
- Cryptocurrencies.
The minimum deposit requirement is 100 USD but the deposit and withdrawal fees are unknown. Regardless, it’s unlikely that you’ll be able to withdraw funds from this platform anyway so please consider a chargeback.
In case you deposited funds via MasterCard or VISA credit/debit cards, you can request a chargeback at the issuing bank within 540 days and reverse the transaction. Wire transfers can be reversed via a recall but this action can only work for transactions yet to be completed.
As for crypto payments, you’re going to need to seek out professional assistance as these types of transactions are a nightmare to reverse. Luckily, we have a team of experts that can help you recover your funds.
Key Facts To Consider About Grandva Capital
To sum up our review, we shall give the following verdict – Grandva Capital is a distrustful investment scheme. It mainly targets traders from the United States, Brazil, and Mexico.
We do not recommend this platform because it has already claimed one unfortunate victim. In case you have also lost money to the Grandva Capital scam, you must seek our professional help to recover your funds!
Use the form below to book your free consultation with Scam Brokers Reviews and tell us more about your case. Our team will gladly guide you through the chargeback process and assist you every step of the way.
Book your consultation with us today and start the chargeback process.
FAQ Section
What is Grandva Capital?
Grandva Capital is a crooked investment firm allegedly based in the United States with a suspicious offer.
Can I Trust Grandva Capital With My Money?
No, you cannot. This dubious firm has already defrauded one trader and stole nearly 20,000 USD. The platform should be reported to the authorities.
What Can I Do If I Lose Money to an Online Investment Scam?
Your best option is to book a consultation with us so we can go through your case together and come up with an adequate solution to recover your funds.
