🇬🇧 English

GroveX Review 2026

Verified by the Oracl8 verification system · Registration and licence details checked against official regulator registers · Updated 2026-11-03

The GroveX record for Australia traders, registrations on file, the fee schedule, and the Oracl8 verdict.

Regulation in Australia

Regulator AUSTRAC, AUSTRAC
Registration statusRegistered
Regulated EntityGroveX
Max Leverage1:1
Max Leverage (Crypto)1:1
Minimum Deposit$0
Taker Fee0.2%
Listed Coins & Pairs350+
PlatformsWeb, iOS, Android, API
Copy Trading✗
Spot Ownership✗
Inactivity feeNo inactivity fee

Verdict

On file with AUSTRAC registration. Opening figure $0. Leverage in Australia capped at 1:1.

About GroveX

On the record, GroveX traces to 2022, based in Australia. Its book runs to 350 coins and trading pairs, the major cryptocurrencies alongside stablecoins and altcoins. Its registrations span several jurisdictions, with the primary licence held by GroveX under AUSTRAC.

Within Australia, GroveX runs as GroveX, cleared by AUSTRAC registration. That caps a Australia trader at 1:1 on crypto derivatives, per AUSTRAC rules.

Trading Platforms

Web
Web, proprietary platform, available on web and mobile
iOS
iOS, proprietary platform, available on web and mobile
Android
Android, proprietary platform, available on web and mobile
API
API, proprietary platform, available on web and mobile

Pros

  • AUSTRAC regulated
  • 350+ coins & pairs listed
  • Negative balance protection in Australia
  • Platforms: Web, iOS, Android, API
  • Operating since 2022, based in Australia

Cons

  • No inactivity fee
  • 0% of retail clients lose money
  • Derivatives trading, you may not custody the underlying coin
  • No spot withdrawal / custodial only

Frequently Asked Questions

Is GroveX regulated?

On file, GroveX carries AUSTRAC registration, held by the regulated entity GroveX, a live registration you can pull up on the official AUSTRAC public register.

What is the minimum deposit for GroveX in Australia?

The opening figure is $0, what it takes to fund a live account for a Australia trader operating under AUSTRAC.

What leverage does GroveX offer in Australia?

For Australia, the AUSTRAC rules hold GroveX to 1:1 on crypto derivatives. An offshore-registered entity may list a higher ceiling.

Is GroveX safe to trade with?

Under AUSTRAC, GroveX must segregate client funds, carry negative balance protection and submit to independent audit. None of that removes market risk, but it is real investor protection on the record.

Visit GroveX →
0% of retail investor accounts lose money when trading crypto derivatives with GroveX.

Reader Comments

Loading comments...