ForexGrand is one of the recommended forex traders with a rich portfolio. Just like most of the traders or brokers in the field, this company supports trading of assets via the MT4 platform. It provides various account types starting at a different range. Although the maximum leverage of all the accounts is the same as1:300 and minimum trade size is 0.01, the spread differs.
There are mainly three types of an account- basic account (min.deposit is $250), Gold account ($1000) and Platinum account ($50000). The spread for the basic account is from 2.5 pips, while for the Gold and Platinum account is 1.5 and 0.5 pips respectively.
The company presents a well-maintained portfolio but the major drawback is the lack of regulation. Thus, the chances of scam are there. However, if one faces any fraud, he can file a company in companies like Funds Recovery.