TradGrip Review 2025
For this TradGrip review, we opened a live account and deposited over €3,000.
We traded the popular instrument in each market to identify the actual spreads and placed a total of 10 trades.
We reached out to the broker’s customer service team to resolve the challenges we faced.
Finally, we withdrew our funds to evaluate whether the withdrawal process was smooth.
What is TradGrip
TradGrip is a Comoros-based Forex and CFDs broker founded in 2024. It is operated by Zenith Markets PLC and regulated by MISA (MWALI International Services Authority).
The broker provides access to over 250 CFDs across multiple asset classes, including Forex, cryptocurrencies, metals, stocks, commodities, and indices.
Some of the highlights of TradGrip are:
| 🗺️ Authorised & Regulated in | Fomboni, Comoros |
| 🛡️ Is TradGrip safe | Yes |
| 💰 EUR/USD Spread | 1 |
| 💳 Minimum deposit | €250 |
| 💰 Withdrawal fee | Wire Transfer: $50 |
| 🖥️ Trading Platform | WebTrader, TradGrip App |
| 📈 Markets offered | Forex, cryptocurrencies, metals, stocks, commodities, and indices. |
| 📉 Number of Products | 250 |
Licenses and Regulations
TradGrip is licensed by one regulator, Mwali International Services Authority (MISA), which is based on the island of Mwali, part of the Comoros Islands.
The broker operates under the brand name of Zenith Markets PLC, a company registered in the Comoros Union.
Although TradGrip holds a license from MISA, traders should be aware that this licensing may not offer the same level of regulatory oversight and consumer protection as licenses from more established financial authorities.
Here are the details of TradGrip’s sole license:
| Legal entity | Registered in | Regulator | License number | Accepting clients from | Compensation scheme amount |
| Zenith Markets PLC | Comoros | MWALI International Services Authority (MISA) | BFX2024031 | Globally many countries | No compensation scheme |
Is TradGrip Safe
TradGrip is overall considered safe to trade, however, it is also a subject that needs careful consideration.
While the broker offers access to a range of trading instruments and platforms, it is licensed by the Mwali International Services Authority, which is an offshore jurisdiction and not recognized by major global financial regulators.
Also, TradGrip is not part of any investor compensation scheme, meaning clients may not be protected in the case of broker insolvency.
We had a smooth experience when trading with TradGrip.
For our tests, we opened Silver account with Zenith Markets PLC, which is regulated by the MISA in Fomboni, Comoros.
However, we recommend you conduct thorough research before opening an account with TradGrip.
Fees and Commissions
Trading fees on TradGrip are built into spreads. There is no commission account or commission charges, since all fees are included in the spread that depends on the account type you select.
Spreads on trading instruments were on average with industry benchmark.
Spread Charged in our Trades
For our tests, we have chosen popular instruments in each market. We placed 3 trades for each instrument to get a picture of the average spread.
Our test is based on TradGrip Silver account. The spreads for our trades in all asset classes remained stable with minor variations.
Details of our trades are shown below the table.
| Markets | Instruments | 1st trade | 2nd trade | 3rd trade | Avg. Spread |
|---|---|---|---|---|---|
| Forex | EUR/USD | 1 | 1.1 | 1 | 1 |
| Indices | FTSE 100 | 1 | 1 | 1 | 1 |
| Stocks | Apple | 0.8 | 0.75 | 0.8 | 0.8 |
| Commodities | Gold | 3 | 3.15 | 3 | 3 |
We executed all our trades via the TradGrip iOS App on our iPhone.
Our testing finds that TradGrip’s spreads across all assets are lower than or in line with the industry average.
| Markets | Instruments | Avg. Spread Charged | Industry Avg. Spread |
|---|---|---|---|
| Forex | EUR/USD | 1 | 1.16 |
| Indices | FTSE 100 | 1 | 1.65 |
| Stocks | Apple | 0.8 | 1.75 |
| Commodities | Gold | 3 | 3.53 |
Other fees
TradGrip does not charge deposit or withdrawal fees for most methods, except for wire transfers, which require a minimum withdrawal amount of $50 to cover banking charges.
The broker does not charge inactivity fees, as well.
Account Types
TradGrip offers 3 main account types: Silver Account, Gold Account, and Platinum Account.
Details of the Account types and differences are outlined below:
| Silver | Gold | Platinum | |
|---|---|---|---|
| Trading Platforms | WebTrader, Apps | WebTrader, Apps | WebTrader, Apps |
| Account Currency | USD/ EUR | USD/ EUR | USD/ EUR |
| Minimum Deposit | €250 | €250 | €250 |
| Commission | Zero | Zero | Zero |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Spread | From 1 | From 0.5 | From 0.25 |
| Note | – | Spread Discount 50% | Spread Discount 75% |
TradGrip also offers swap-free Islamic accounts available for all account types.
For our tests, we chose to open Silver Account.
TradGrip Account Opening
TradGrip account opening was quick and easy to follow. We went through the entire registration process and completed it online.
The process of registration of a new TradGrip account:
- Enter first name, last name, email, mobile number, and password.
- Enter the verification code sent to the provided email.
- Enter the country of residence, account currency, date of birth, and address.
- Choose the desired trading platform.
- Provide financial details like employment status, annual income, and value of savings and investments.
- Answer questionnaires on trading experience.
The registration process took 15 minutes only, and our account was approved on the same day.
We opened Silver account with Zenith Markets PLC, which is regulated by the MISA, Comoros for this test.
Deposit and Withdrawal
Deposits and withdrawals on TradGrip are easy and fast. A range of methods is supported, and all our funding requests were completed without any issues.
TradGrip Minimum Deposit
TradGrip requires a minimum deposit of €250 or equivalent in other base currencies.
Traders only need to maintain the minimum deposit balance in their accounts.
TradGrip Deposit
TradGrip supports a range of payment options, including credit cards and wire transfers, allowing you to choose the method that best suits you.
The broker does not charge any deposit fees, and processed our deposit quickly.
TradGrip Withdrawal
TradGrip allows clients to make withdrawals using the same payment methods as available for deposits.
There are no fees for withdrawal requests; however, for wire transfers, a minimum withdrawal limit may apply due to associated transaction fees, with a minimum amount set at $50.
We did not face any challenges when withdrawing funds.
Markets and Products
TradGrip offers over 250 CFD instruments across various asset classes, including Forex, cryptocurrencies, stocks, commodities, and indices.
Here’s the complete list of TradGrip’s product offering:
| Markets | Instruments |
|---|---|
| Forex | 60 |
| Indices | 20 |
| Stocks | 120 |
| Commodities | 25 |
| Cryptocurrencies | 10 |
The broker offers a standard range of trading instruments, however, it is below industry leaders, who offer thousands of products.
Trading Conditions
The trading conditions at TradGrip are rather good. The broker allows hedging and scalping strategies, and traders can also request to change their leverage via the client area or by contacting support.
| Trading Method | Allowed |
|---|---|
| Hedging | Yes |
| Scalping | Yes |
| Change Leverage | Yes |
Leverage
TradGrip offers traders various leverage levels depending on the instrument, with a maximum of 1:200 considered high leverage.
Traders can also change their account’s leverage levels after registration.
The table below shows the different leverage levels available:
| Markets | Zenith Markets PLC |
|---|---|
| Major Currency Pairs | 200:1 |
| Commodities | 50:1 |
| Indices | 50:1 |
| Stocks | 5:1 |
| Cryptocurrencies | 5:1 |
Bonus
TradGrip’s Gold and Platinum account holders can benefit from reduced spreads and swap discounts.
Gold account holders receive a 40% swap discount and a 50% spread discount, while Platinum account holders enjoy a 60% swap discount and a 75% spread discount.
TradGrip Platform
TradGrip offers trading services on its proprietary trading platform available on the web, desktop, and mobile:
- TradGrip WebTrader
- TradGrip App
We found the WebTrader and TradGrip App offer a user-friendly experience with robust charting features and a wide range of functionalities.
Research and Tools
TradGrip offers a range of market research and analysis tools. For technical analysis, the broker integrates TradingView’s charting technology.
Some of the key tools offered by the broker are:
- Good charting tools
- Economic calendar
- Newsfeed
- Trading signals
- Trading indicators
- Drawing tools
- Market analysis
TradGrip broker’s research offering we find relatively limited in our test, but covers most important tools
Education
TradGrip offers a modest educational section. The broker provides an FAQ section to address common trading questions, along with market news updates.
Based on our Test TradGrip Education is limited compared to brokers with comprehensive Education Academy or Trading Schools
Customer Service
TradGrip provides responsive customer support.
Traders can contact the broker via:
- Live chat
- Phone
- Contact form
The support team is available 24/5, offering assistance in English, Japanese, Hindi, and Portuguese.
Our experience with TradGrip customer support was good.
The chat starts with an automated bot, followed quickly by a live support representative.
| Question | Response Time | Quality of reply | |
|---|---|---|---|
| Live chat | Asked about Forex spreads for the Silver Account | 1-2 minutes | It was fast and accurate. |
Conclusion
Overall, had a decent experience with TradGrip, from the account opening to the deposit and trading process.
TradGrip Review found that the Broker delivers a good trading experience with popular trading instruments, and Forex spreads that are industry-standard or below average.
Our experience with account opening, deposits, and withdrawals was also smooth and without any issues. We got fast responses to our queries via the live chat, so we recommend you approach the support team over live chat.
The only aspects where TradGrip falls below industry standards are its Education and Research quality, as well as its range of instruments, which is more limited compared to the thousands offered by market leaders.
Additionally, the broker is not regulated by a top-tier financial authority, which may be a concern for risk-conscious traders.
We recommend TradGrip to forex traders seeking competitive trading costs built into spread and to those who are comfortable using only the WebTrader platform.
We recommend TradGrip for traders who are
- Beginners
- Experienced traders
- International traders
- Run Scalping
- Hedging
- Use charting technology
TradGrip might not be a fit if you are
- Real Stock / Futures Trading
- Commission-based trading
- Looking for a wider instrument range
- Prefer other platforms like MT4, MT5, cTrader, NinjaTrader
- Seeking comprehensive educational resources
- Need a regulation by a reputable financial authority
Author of this review
By George Rossi
Author of this review
Autor de este análisis
Soy un reconocido analista profesional de los servicios financieros especializado en análisis fundamental y técnico, investigación en macroeconomía global, trader independiente en los mercados de commodities y divisas.
Me apasiona analizar, comparar y generar información y opiniones sobre brokers de Forex.
Todo lo que encuentras en BrokerTested se basa en datos confiables e información imparcial. Combinamos nuestros más de 10 años de experiencia financiera con la retroalimentación de nuestros lectores. Lea más acerca de nuestra metodología