Greede Review

About Greede

Greede is an online trading brand operating at greede.com (client area: app.greede.com). The official site presents multi‑asset CFD trading on MetaTrader 5 (MT5) across forex, crypto, metals, indices, and commodities, plus a separate “prop” evaluation offering. Two live account types are listed: Standard (minimum deposit $50, spreads from 0.8 pips, $0 commission) and Pro (minimum deposit $1,000, spreads from 0.1 pips, $5 per lot). Both show leverage up to 1:500, 0.01 lot minimum, margin call 100%, stop‑out 30%, non‑dealing‑desk execution, swap‑free availability “not on all instruments,” VPS availability, and “automatic trading” enabled on MT5. Contact details on the site include support@greede.com and a listed address at Churchill Towers, Business Bay, Dubai, UAE. Official site, Account types

The site promotes two bonuses with specific conditions. A $30 Welcome Bonus is presented with a 30‑day validity, $100 profit target, 10‑lot turnover requirement, a single withdrawal cap of $100 after which the bonus account is closed, and an “IP similarities prohibited” rule. A 50% Deposit Bonus (minimum deposit $100, maximum bonus $500, validity one year) is described as tradable but non‑withdrawable, with all accumulated bonus amounts canceled upon any withdrawal; prohibited strategies include cross‑hedging between different accounts, high‑frequency trading, and other “market abuse” points referenced in the terms. Welcome Bonus, Deposit Bonus

The “prop” pages outline two evaluation tracks. Regular Challenge shows an 80% profit split after evaluation, 4% daily and 8% total drawdown limits, two phases with targets of 8% and 4%, leverage 1:100, monthly payouts, overnight holding allowed, and weekend positions not permitted; a 120‑second scalping time restriction is shown in the rules table. Swing Challenge shows a 90% profit split, two‑phase targets (8% then 4%), leverage 1:100, bi‑weekly payouts, weekend and overnight holding permitted, and news trading allowed; the same 120‑second scalping restriction is shown. Regular Challenge, Swing Challenge

Who it’s for

• MT5 users seeking high‑leverage (up to 1:500) accounts with Standard and Pro pricing options.
• Traders needing swap‑free account availability on selected instruments.
• Participants interested in promotional offers with explicit profit/turnover rules and strategy restrictions.
• Prop‑evaluation traders who want time‑unlimited challenges, profit splits up to 80–90%, and leverage 1:100.

Pros and cons

Pros

• MT5 platform with “automatic trading” enabled and VPS availability on listed live accounts.
• Clear two‑tier account structure; Pro account advertises spreads from 0.1 pips with $5/lot commission, Standard from 0.8 pips with no commission; leverage up to 1:500.
• Prop tracks describe high profit splits (up to 90%) and unlimited evaluation duration, with defined drawdown rules and scheduled payouts.

Cons

• Welcome Bonus limits withdrawals to $100 after meeting a $100 profit target and 10‑lot requirement; any withdrawal closes the bonus account.
• Deposit Bonus cancels accumulated bonus amounts upon any withdrawal; prohibited strategies include cross‑hedging and HFT.
• Prop rules include a 120‑second scalping time restriction and leverage capped at 1:100; Regular Challenge disallows weekend positions.
• Swap‑free availability is not offered on all instruments.