Our review covers Graystone Venture Capital whose website is found at Graystone.vc. They claim to offer brokerage services. But having seen signs that this is a scam, it’s only good that we lay the facts in black and white to save you from losing your money.

At the moment, the minimum deposit for Graystone.vc is 2,500 Euro. The broker implies that this account will generate profit of between 1%-5%. This means that the broker is also acting as a fund manager of some sort.

This is in line with the statement on their homepage claiming that Graystone.vc is the “financial opportunity that you’ve been waiting for”.

In addition to this, the broker is selling Bitcoin for $250. The question is whether this broker will actually deliver your Bitcoin or simply steal your dollars.

Finally, we do not see the reason why you should “purchase” BTC from Graystone.vc when there are well-known and reputable exchanges that you can use for purchasing any Cryptocurrency you want at your convenience.

Other brokers we want you to beware of are TradeSafer, External Coins and General Trust Group.

Graystone.vc review

It is alleged that this broker is owned by a company called Graystone Ltd.

However, the broker has refused to disclose their actual office location and we consider this a huge red flag.

What they have on their website is a phone number suggesting that they’re based in New York, US. But on the other hand, the broker is displaying a Canadian flag on their homepage.

This appears to be an attempt to cause confusion and distract curious people from asking or investigating the actual location of the broker.

We also find it suspicious when this broker is not introducing ownership information. Only scam brokers follow this method of operation because they want to avoid public embarrassment or people calling out their names.

It’s often said the internet never forgets and the last thing a scammer wants is to put his information out there.

The people who operate this brokerage also lie that Graystone.vic was formed in 2014. This is misleading because if you look them up on this internet tool you will clearly see that the website was registered in March 2023.

Therefore, we consider this to be a very new website with low trust ratings.

Is Graystone Venture Capital a fund manager or a broker?

Going by their marketing statements, it seems that this broker is trading for its customers.

All of their account types promise some estimated returns on investment. In fact, in their highest account type, the broker is proclaiming that a 30% profit on your deposit.

This obviously means that the broker is intending to “trade” for its customers… which is something we don’t take lightly because when a broker undertakes this job, there’s always a huge confluct of interest.

Graystone.vc operates as a bucket shop… meaning that they settle your trades in-house rather than routing them to the licensed global exchanges.

In other words, when you open an account with this broker, you’re essentially going to compete against this broker. If you beat them, they lose money and vice versa.

This means the broker must do everything within their means to keep you from winning. This is how CFDs brokers work.

And if this is the case, investors shoud not think that they will attain the alleged profits that this broker is advertising on their platform.

Graystone.vc does not have a valid broker license

Brokers with no license are the most dangerous because chances are that they’ll withhold your profits and deposit. It’s very difficult for these brokers to let go of your money without some sort of conflict.

They engage in daylight robbery since there’s no consequences for losing a license. Furthermore, they don’t feel compelled to treat their customers professionally.

This is why financial regulators keep saying that if you trade with these brokers, you will lose your money. Take this warning seriously.

Fake reviews promoting the broker

We found a couple of websites promoting this scam by claiming that Graystone.vc is the real deal.

The reviews obviously sound fake. They’re not from real clients.

Furthermore, some blogs are not honest about this particular broker. The owners of these websites have received kickbacks to promote a scam.

Conclusion of this Graystone.vc broker review

As you can see in the above screenshots, Graystone Venture Capital is playing a very bad game on its potential customers.

These “reviews” are a bad trap because people easily fall for them.

The truth is, when you invest with this broker, there’s no guarantee that you’ll ever get a coin out of the platform.

You would be very lucky to withdraw money from a scam. In fact, you’d be lucky if they ever engage you in a meaningful way after refusing with your deposit.

Thanks for reading. Tell us in the comment section what you think about this broker.