The broker Macugrad reports that over 37,000 people from different countries are its clients, who have collectively deposited over 774,000,000 dollars. The corresponding figures are published on the intermediary's official website but are not substantiated. The main page of macugrad.com is shown in this screenshot.
The "Macugrad" project positions itself as a company officially registered in Dortmund (Germany) in 2017, although there is no direct evidence of this on the site. Meanwhile, the broker's activities are licensed by DFSA, FCA, ASIC, and CySEC, as evidenced by links to the relevant regulators' data registers. The company's main internal documents are made publicly available, but only email is accessible in terms of contact information.
This financial intermediary offers several trading accounts for clients to choose from, let's examine them in more detail:
Despite the relatively detailed description of trading conditions, many of them are kept secret, such as the minimum lot, spreads, margin call, and stop-out.
According to the broker's terms, the more "expensive" the client's account, the more trading assets will be available to them. For example, holders of "Standard" accounts are offered to trade currencies, stocks, metals, and energy, with the opening of an "Intermediate" account, cryptocurrencies are added, and with the opening of an "Advanced" account, the full set of assets, including ETFs and indices, will be available.
The "Macu Grad" trading platform operates online in browsers on computers, laptops, smartphones, and tablets. You can log in/register in the terminal via the link macu-grad.cc. The declared advantages of the platform include support for six order types and modern analytical tools, advanced security and reliability standards, a simple interface, instant execution, etc.
By reviewing the provisions of the broker's internal documents, you can learn about the following payment methods: credit/debit cards, unnamed electronic wallets, and major cryptocurrencies (also unspecified). To top up your account or withdraw funds, you need to log in to your personal Macugrad account. The stated withdrawal time is up to 48 hours, depending on the payment method. The broker's commission policy, as well as the limits in effect on amounts, are not disclosed.
At first glance, Macu Grad may seem like an interesting and promising broker, as it has several licenses, offers a wide range of trading instruments, and a modern web terminal. However, no authoritative broker rating recommends this project, as it has a number of significant drawbacks, such as the absence of a demo account, poor client information on cooperation conditions, and a high minimum deposit. Before registering on the project, it is worth reading user reviews about Macugrad.
do not despair even if scammers have tricked you out of a large sum, swindlers like macugrad.com all have template websites and operate using the same scam template, and I am 100% sure that many lawyers specializing in fund recovery work with such firms, and successfully at that)
In short, guys, two conclusions: 1) I'm a fool. 2) Macugrad is a scam. By the way, these conclusions are interconnected. I really got fooled like an idiot, it would have been fine if I had just deposited the minimum of $1,000, which is a lot but not critical. But no, they convinced me to deposit $5,000, saying they would provide better conditions and, as an exception, mentor assistance in the early stages. As soon as I funded the account, they blocked it right away… Damn it!
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