About tradgrip
Overview
TradGrip (tradgrip.com) is an online brokerage offering leveraged CFD trading across multiple asset classes. The broker was founded in May 2025 and is registered in Comoros, operating under the brand name Zenith Markets PLC. It targets retail traders seeking access to forex, stocks, commodities, indices, and cryptocurrencies through a single platform.
TradGrip presents itself as a user-friendly broker with a focus on transparency, claiming no hidden fees and adherence to regulatory standards. However, the broker does not hold a license from any major financial regulator, and its oversight comes from the MWALI International Services Authority (MISA) in Comoros – an offshore jurisdiction with limited regulatory rigor in the FX industry.
Regulation and Risk Profile
TradGrip's regulatory status is a critical factor for traders. While the broker claims to be licensed by MISA under license number BFX2024031, this is not a top-tier regulator. MISA does not enforce strict capital requirements or client segregation rules like those of FCA or CySEC. The absence of a recognized regulator places TradGrip in a high-risk category for traders, particularly those from jurisdictions with stringent investor protection standards.
Our research found that the broker's registration in Comoros – a common offshore haven for FX brokers – and its recent establishment (2025) contribute to an elevated scam risk score of 60/100. Traders should exercise caution and understand that deposit protection and dispute resolution mechanisms are likely limited.
Account Types
TradGrip offers three account tiers: Silver, Gold, and Platinum. All accounts provide a maximum leverage of 1:200, though typical retail brokers in regulated markets offer lower leverage. The website does not disclose minimum deposit requirements for any account, which may indicate a low barrier to entry. The differences between accounts appear to centre on platform features and tools, with the Gold and Platinum accounts offering more advanced capabilities.
The simplicity of the account structure is designed to appeal to both novice and experienced traders, but the lack of detailed specifications (spreads, commissions, or funding methods) means that cost comparisons are difficult without opening an account. Traders should review the terms and conditions for hidden fees or conditions.
Trading Platforms and Instruments
TradGrip offers a proprietary WebTrader platform that is browser-based, as well as a mobile app. The platform includes real-time data, charting tools, and a range of technical indicators. The broker claims to support over 250 CFD instruments, spanning forex, stocks, commodities, indices, and cryptocurrencies. Notably, the broker does not mention the popular MetaTrader 4 or 5 platforms, which may be a disadvantage for traders accustomed to advanced trading tools and algorithmic trading capabilities.
The variety of assets is competitive, but the actual product list and contract specifications are not detailed on the website. Traders should verify the availability of specific instruments and understand the trading conditions before depositing funds.
Client Suitability
TradGrip is best suited for traders who are comfortable with high leverage and offshore regulation. It may appeal to those seeking a quick account opening process and access to a diverse range of CFDs. The broker's low minimum deposit (undisclosed) and simple platform could attract beginners, though the lack of regulatory safeguards is a significant drawback.
TradGrip is not recommended for traders who prioritize regulatory protection, such as those from the EU, UK, Australia, or other jurisdictions with strict investor compensation schemes. Additionally, the broker's young age and limited track record warrant extra caution.
Deposits and Withdrawals
The TradGrip website does not explicitly list deposit or withdrawal methods. Common methods for offshore brokers include bank wire, credit/debit cards, and cryptocurrencies, but this has not been confirmed. The broker's claim of 'no hidden fees' suggests that transaction fees may be minimal, but traders should confirm this with customer support or via the terms and conditions.
The lack of transparent information on payment processing is a common red flag among unregulated brokers. Delays or difficulties in withdrawals have been reported in similar setups, so traders should test with small amounts initially.
Conclusion
TradGrip is a newly established CFD broker registered in Comoros with an offshore license from MISA. While it offers a range of trading instruments and user-friendly platforms, the broker's regulatory status and elevated risk score make it a speculative choice. FXCanary advises traders to perform thorough due diligence, verify the broker's license independently, and consider the lack of investor protection before committing funds.
For traders seeking security, regulated brokers with proven track records remain a safer alternative. The information provided here is based on the broker's own claims and publicly available records; traders should not rely solely on this assessment.
Overview compiled by FXCanary from regulatory records and public data. full tradgrip review