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GREATACY
https://greatacy.com/
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No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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Website
greatacy.com
207.244.241.255Server LocationUnited States
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Company Summary
| GREATACY Review Summary | |
| Founded | 2017 |
| Registered Country/Region | United Kingdom| |
| Regulation | Not regulated |
| Market Instruments | Forex, Stocks, Cryptocurrencies |
| Demo Account | Available |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | 250 USD |
| Customer Support | Email: info@ilimitsinvest.com. (Working hours: 24/5)Phone: +971503721960. (Monday-Friday from 8 am to 5 pm)Address: Trade Center Sheikh Zayed Rd. 2nd floor, ASPIN commercial tower. |
GREATACY Information
GREATACY is a Forex broker founded in 2017 and headquartered in the United Kingdom. The company supports a range of trading platforms, including MT4 and MT5, as well as tradable assets including forex, stocks and cryptocurrencies. GREATACY offers a minimum deposit of $250 and a maximum leverage of 1:500.
Pros and Cons
| Pros | Cons |
| Competitive Spreads | Lack of Regulation |
| Versatile Trading Platforms (MT4 and MT5) | Relatively High Minimum Deposit |
| Flexible Account Types (Standard, ECN, Islamic) | High Leverage |
| Demo Account available | |
| Convenient Deposit and Withdrawal Methods |
Is GREATACY Legit?
GREATACY is a forex broker that is not regulated by any major financial regulator.
What Can I Trade on GREATACY?
ILimits Invest offers traders the opportunity to trade Forex, Stocks, and Cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Crypto currencies | ✔ |
| Stocks | ✔ |
| Precious metals | ❌ |
| Energy products | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
GREATACY offers three different account types:
Standard account: Spreads start at 0.0 points and can be used on the MT4 and MT5 trading platforms with a minimum deposit of $250.
ECN Account: Has an ultra-low spread starting at 0.0 points with a minimum deposit requirement of $500.
Islamic Account: Deposit $250.
| Standard Account | ECN Account | Islamic Account | |
| Minimum Deposit | $250 | $500 | $250 |
| Spreads From(pips) | From 0 pips | From 0 pips | N/A |
Leverage
GREATACY offers a maximum leverage of 1:500, which is considered to be a high level of leverage.
GREATACY Fees
GREATACY offers a variety of spreads depending on the type of account and trading instrument. Standard accounts offer spreads starting at 0.9 points, while ECN accounts offer ultra-low spreads starting at 0.0 points.
| Account Type | Instrument | Spread |
| Standard | Major pairs | 0.9 pips |
| Standard | Minor pairs | 1.4 pips |
| Standard | Exotic pairs | 1.9 pips |
| ECN | Major pairs | 0.0 pips |
| ECN | Minor pairs | 0.1 pips |
| ECN | Exotic pairs | 0.3 pips |
GREATACY does not charge commission on standard transactions. However, there are commissions for trading foreign currency pairs or using margin accounts.
| Type | Commission |
| Exotic pairs | 3.0 pips |
| Margin accounts | 1.5% of the deposit amount |
Trading Platform
MT4 and MT5 are chosen by GREATACY to serve clients of different preferences.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
| MT5 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
GREATACY offers a variety of payment methods for users' convenience:
The platform supports major credit cards such as Visa, mastercard, Discover and American Express, and charges a 2.9% processing fee per card, plus a $0.30 transaction fee.
Debit card payments, which can also be accepted through Visa, Mastercard and Discover, have the same fee structure.
For those who choose to make ACH transfers from a U.S. Bank account, GREATACY charges a minimum fee of $0.25.
It does not currently accept PayPal or other online payment processors.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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