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TradGrip Review: Legit Broker or Just Another Scam?

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Olivia Patel

Olivia is a skilled writer and her journey into financial content creation began during her undergraduate studies in economics, where she developed a passion for making complex financial topics understandable for the average reader. Olivia ‘s career path led her to various roles in financial journalism and content management, where she honed her skills in crafting informative and engaging articles.

As the content manager at traderhelpbook.com, Olivia plays a crucial role in developing and curating educational content tailored to traders of all levels. Her mission is to demystify trading concepts and provide clear, actionable insights. Olivia ‘s ability to blend technical expertise with accessible language ensures that our platform remains a valuable resource for both novice and experienced traders alike. Her dedication to accuracy and clarity helps uphold our commitment to providing trustworthy information.

In our TradGrip review, we’ll examine a company that positions itself as a platform offering a flexible and transparent trading environment. On its official website, the broker claims its operations are based on clear procedures and a precise division of rights and responsibilities between clients and the company. We’ll examine in detail the extent to which these claims are true. We’ll also examine how the stated principles of transparency are implemented in practice and what risks traders can expect when working with the broker.

Does TradGrip Show Any Risk Factors?

TradGrip states that it is registered offshore in Mwali (Comoros) and operates under the management of Zenith Markets PLC, holding a trading license issued by the Mwali International Services Authority (MISA). We have verified this information and can confirm that these details are accurate. The company is indeed licensed in this offshore jurisdiction.

Let’s Break Down the Jurisdiction

When it comes to jurisdiction, things around TradGrip look rather absurd. The broker claims to be regulated in Mwali, but the situation with this offshore zone is far from transparent. There are at least four different websites allegedly representing the so-called Mwali Registrar, including domains like mwaliregistrar.com, mwaliregistrar.net, and others, and the data they provide often contradicts each other.

For instance, information stating that TradGrip’s license has been renewed until 2026 appears only on mwaliregistrar.com. Meanwhile, all the other official registrar sites still display details indicating that the license expired in March 2025, and there’s no public record of any legitimate renewal process. This inconsistency raises obvious questions about the credibility of the regulator itself.

The problem goes deeper. In Mwali, licenses are issued and extended purely for a fee, with little to no actual supervision of the broker’s activities. It’s an open secret that the MISA registry functions more like a commercial service. Companies can simply pay to obtain or prolong their license, without undergoing any due diligence, compliance checks, or financial audits.

What Does the Tradgrip.com Website Reveal?

Technically, the platform works smoothly, and there are even several language options — English, Portuguese, Japanese, and Hindi. However, this choice of languages seems somewhat random. It’s unclear why, for example, there is no Spanish, or Chinese version, while Hindi and Portuguese were prioritized. For us, this may indicate that TradGrip targets very specific regional audiences rather than aiming for a truly global presence.

A positive aspect is that the broker at least provides some legal information. Users can find references to its corporate entity and the offshore Mwali license (MISA). Compared to many other unregulated platforms, this level of transparency looks like a small step in the right direction.

Unfortunately, everything else about the website is a disappointment. The design is completely template-based. More importantly, the content is extremely shallow. Visitors won’t find meaningful details about the company’s background, its team, liquidity providers, or trading infrastructure. Even the basic description of trading conditions is incomplete.

There is also a clear lack of educational materials, analytical tools, or news updates. So, the overall impression remains weak. Moreover, some visual elements on the site are puzzling. For example, an athlete jumping over a high bar, the Burj Khalifa in the background, and a drone carrying a package, well, none of which have an obvious connection to brokerage services. This raises questions about the messaging and clarity of the company’s presentation.

Is the Broker Offering Fair or Risky Terms for Traders?

TradGrip presents three account types, namely, Silver, Gold, and Platinum. However, the information about them is rather limited. The broker lists only a few technical parameters: swap discount, leverage, minimum lot size, spread discount, and stop-out level. Beyond that, there are no details about minimum deposit requirements, available instruments, commissions, or even the type of trading platform.

According to the official information, the Silver account offers no discounts and allows leverage up to 1:200, with a minimum lot size of 0.01 and a stop-out level of 5%. The Gold account supposedly provides a 40% swap discount and a 50% reduction in spreads compared to Silver, while the Platinum account increases these benefits to 60% and 75% respectively. However, the broker never explains what the “Silver” level actually means. There are no reference values for spreads or swaps. This makes it impossible to understand what 40% of Silver or 75% of Silver translate to in real trading terms.

Technical Support Analysis of TradGrip

TradGrip provides several contact options, though their choice of regions looks quite unconventional. The broker lists three phone numbers. One for the United Kingdom, one for India, and one for Japan.

In addition to phone contacts, TradGrip also provides a support email address and a callback form on its website. The form allows users to leave their contact details and receive a return call or email from a representative.

An additional issue with TradGrip is the lack of any published support schedule. Nowhere on the website is it stated when customer service actually operates, whether it’s 24/7, limited to business hours, or adjusted for specific regions like India or Japan.

Strengths and Weaknesses

  • International phone numbers, a contact form, and email are available.
  • Legal information is provided.
  • International phone numbers, a contact form, and email are available.
  • Legal information is provided.
  • Registered in the offshore company Mwali.
  • Licensing system in a pay-to-play jurisdiction.
  • Trading terms are presented very briefly.
  • The website is template-based.
  • Short term of operation.
  • Registered in the offshore company Mwali.
  • Licensing system in a pay-to-play jurisdiction.
  • Trading terms are presented very briefly.
  • The website is template-based.
  • Short term of operation.