GrandCapital Broker Review

Is GrandCapital a scam?

Grand Capital is a Forex and CFD broker that is regulated by multiple financial authorities, depending on the region where it operates.

In Europe, the company is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 166/12. This means that Grand Capital is subject to strict regulatory standards and must adhere to rules designed to protect traders’ funds and ensure fair trading practices.

In addition, Grand Capital is a member of the Financial Commission, which is an independent self-regulatory organization that provides dispute resolution services for its members’ clients.

Grand Capital also employs various safety measures to protect its clients’ funds, such as segregating client funds from the company’s operational funds, using secure payment systems, and implementing advanced encryption technologies to protect client data.

Overall, Grand Capital appears to be a reputable broker that takes regulatory compliance and client safety seriously. However, as with any investment, there is always a risk of loss, and traders should thoroughly research any broker and carefully consider their investment goals and risk tolerance before opening an account.

Best Forex Brokers Ranking

Rank	Broker	Open Account	Bonus	Platform	Minimum Deposit	ECN
1	Exness	Open Exness account	16$/lot	MT4, MT5, Exness, ...	1$	10$
2	IC Markets	Open IC Markets account	-	MT4, MT5, cTrader	200$	200$
3	XM	Open XM account	30$	MT4, MT5	5$	-
4	XTB	Open XTB account	2000$	MT4, xStation 5	1$	1$
5	FBS	Open FBS account	140$	MT4, MT5, FBS Trader	1$	1000$

GrandCapital Trading Platforms

Grand Capital offers several trading platforms that traders can use to access financial markets. These include:

MetaTrader 4 (MT4): MT4 is a popular and widely used trading platform that is known for its advanced charting capabilities and user-friendly interface. It allows traders to execute trades, analyze market data, and use automated trading strategies.
MetaTrader 5 (MT5): MT5 is the newer version of MT4 and includes additional features and improvements. It offers advanced technical analysis tools, an economic calendar, and a multi-currency strategy tester.
WebTrader: Grand Capital’s WebTrader is a browser-based platform that allows traders to access their accounts and trade directly from their web browser without downloading any software.
Mobile Trading: Grand Capital also offers mobile trading apps for both iOS and Android devices, allowing traders to access their accounts and trade on-the-go.

Overall, Grand Capital provides traders with a range of trading platforms to choose from, each with its own unique features and benefits. This allows traders to select the platform that best suits their trading style and preferences.

Products GrandCapital provides

Grand Capital provides access to a variety of financial instruments across several markets, including:

Forex: Grand Capital offers a wide range of currency pairs for trading, including major, minor, and exotic pairs.
Stocks: Traders can access stock CFDs from various markets, including the US, EU, and Russia.
Indices: Grand Capital provides CFDs on a range of indices, such as S&P 500, NASDAQ, DAX 30, and more.
Commodities: The company offers CFDs on a variety of commodities, including gold, silver, oil, and others.
Cryptocurrencies: Grand Capital provides access to a range of cryptocurrency CFDs, including Bitcoin, Ethereum, Litecoin, and more.
Options: Traders can trade binary options, a simple financial product that allows them to predict whether the price of an asset will go up or down within a specified time frame.

Overall, Grand Capital provides traders with a diverse range of trading instruments, allowing them to build a portfolio that meets their investment goals and preferences.

GrandCapital account types

Grand Capital offers several different account types to suit the needs of different traders. These include:

Standard account: This is the most common type of account, suitable for new and experienced traders alike. It offers fixed spreads, instant execution, and a minimum deposit of $10.
ECN Prime account: This account is designed for advanced traders and offers access to the interbank market with lower spreads, faster execution, and no requotes. The minimum deposit for an ECN Prime account is $500.
Micro account: This account is designed for traders who want to start with a smaller amount of capital. It offers fixed spreads, instant execution, and a minimum deposit of $10.
Swap-Free account: This account is designed for traders who cannot or prefer not to pay or earn interest due to religious reasons. It offers no overnight swaps or rollover fees, but there is a commission charged for holding positions overnight.
Crypto account: This account is designed for traders who want to trade cryptocurrency CFDs. It offers fixed spreads, instant execution, and a minimum deposit of $10.

Overall, Grand Capital provides a range of account types to cater to the needs of different traders, whether they are new to trading or experienced professionals. Each account type has its own features and benefits, allowing traders to select the account that best suits their trading style and preferences.

GrandCapital trading fees

Grand Capital charges fees and commissions for trading on its platforms. The exact fees depend on the account type and the specific instrument being traded. Here is an overview of the fees charged by Grand Capital:

Spreads: The spread is the difference between the bid and ask price, and it is the primary way that Grand Capital earns revenue. Spreads vary by instrument and account type, with tighter spreads available for higher-level accounts.
Commissions: ECN Prime accounts are charged a commission of $5 per lot (round trip), which is a fee charged for using the interbank market. Swap-free accounts are also charged a commission for holding positions overnight.
Rollover fees: Rollover fees are charged on positions that are held overnight, and they are based on the interest rate differential between the two currencies in the pair being traded.
Inactivity fee: If an account is inactive for more than 90 days, a fee of $10 per month is charged.

Overall, Grand Capital’s trading fees are generally competitive with other online brokers, and traders can find detailed information about the fees for each account type and instrument on the company’s website. It is important for traders to carefully consider these fees when evaluating the potential profitability of their trades.

GrandCapital Funding and Withdrawal Options

Grand Capital provides a variety of funding and withdrawal options for its clients. Here is an overview of the options, fees, and processing times:

Deposit options:

Bank transfer: Deposits can be made via bank transfer. There are no deposit fees for this method, but processing times can vary depending on the bank.
Credit/debit cards: Grand Capital accepts deposits from major credit/debit cards such as Visa and Mastercard. There are no deposit fees for this method, and processing times are usually instant.
Electronic payment systems: Deposits can be made via electronic payment systems such as WebMoney, Neteller, Skrill, and more. There are no deposit fees for this method, and processing times are usually instant.

Withdrawal options:

Bank transfer: Withdrawals can be made via bank transfer. There are no withdrawal fees for this method, but processing times can vary depending on the bank.
Electronic payment systems: Withdrawals can be made via electronic payment systems such as WebMoney, Neteller, Skrill, and more. There are no withdrawal fees for this method, and processing times are usually instant.

Fees and processing times:

Grand Capital does not charge any fees for deposits or withdrawals, but third-party fees may apply depending on the chosen payment method. The processing times for deposits and withdrawals depend on the chosen method, but most methods have instant processing times.

It is important to note that Grand Capital may require additional documentation or verification before processing withdrawals, and the processing time may be delayed as a result. Overall, Grand Capital provides a variety of funding and withdrawal options that are fast, convenient, and low-cost.

GrandCapital’ promotions

Grand Capital offers a range of promotions and bonuses to its clients, including:

Deposit bonus: Grand Capital offers a 40% bonus on all deposits made by clients. The bonus is credited to the client’s account and can be used for trading purposes. There are certain terms and conditions that apply to this promotion.
Cashback: Grand Capital offers a weekly cashback promotion for ECN Prime account holders. Clients can receive up to $5 per lot traded, depending on the trading volume and account balance.
Free signals: Grand Capital offers free trading signals to its clients. The signals are provided by Trading Central and are available for Forex, Stocks, Indices, and Commodities.
Demo contest: Grand Capital runs a demo trading contest that allows traders to compete against each other using virtual funds. The top-performing traders can win cash prizes or bonus funds.
Refer a friend: Grand Capital offers a referral program that rewards clients for referring their friends to the platform. Clients can earn up to $50 for every new client they refer.

Overall, Grand Capital provides a range of promotions and bonuses to its clients, which can help to boost their trading performance and profitability. It is important to carefully read and understand the terms and conditions of each promotion before participating.

GrandCapital customer support

Grand Capital provides customer support via several channels, including:

Live chat: The live chat feature on Grand Capital’s website allows clients to connect with a customer support representative in real-time. This is a quick and convenient way to get help with any issues or questions.
Phone support: Grand Capital provides phone support in several languages, including English, Russian, Chinese, and Indonesian. Clients can call the company’s support team during business hours to get assistance with their accounts.
Email support: Clients can also contact Grand Capital’s support team via email. The company aims to respond to all emails within 24 hours.
Knowledge base: Grand Capital maintains a knowledge base on its website, which contains a wealth of information about the company’s services and trading platforms. Clients can browse articles and FAQs to find answers to common questions.

Overall, Grand Capital’s customer support is comprehensive and responsive. The company aims to provide timely and effective assistance to its clients, and offers several channels for getting help.

GrandCapital Educational Resources

Grand Capital provides a range of educational resources to help traders improve their skills and knowledge. Here are some of the educational resources available on the company’s website:

Video tutorials: Grand Capital offers a range of video tutorials on topics such as trading strategies, technical analysis, and platform usage. The videos are presented by experienced traders and are designed to be accessible to traders of all skill levels.
Webinars: Grand Capital regularly hosts live webinars on various trading topics. The webinars are led by expert traders and analysts and are designed to provide in-depth insights into specific trading strategies and techniques.
Trading signals: Grand Capital provides free trading signals to its clients, which are generated by Trading Central. The signals cover a range of asset classes, including forex, stocks, indices, and commodities.
Trading calculators: Grand Capital provides a range of trading calculators on its website, including margin calculators, pip calculators, and profit/loss calculators. These tools can help traders make more informed trading decisions.
Trading glossary: Grand Capital maintains a trading glossary on its website, which contains definitions of key trading terms and concepts. This can be a useful resource for traders who are new to the industry or who want to refresh their knowledge.

Overall, Grand Capital’s educational resources are comprehensive and useful for traders of all skill levels. The company aims to provide traders with the tools and knowledge they need to be successful in the markets.

Pros and cons of GrandCapital

Pros:

Wide range of trading instruments: Grand Capital offers a diverse range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies. This allows traders to create a diversified portfolio and take advantage of different market conditions.
Multiple account types: Grand Capital offers multiple account types, including ECN, Standard, Crypto, and Swap-Free accounts. This allows traders to choose an account type that suits their trading style and preferences.
Trading platforms: Grand Capital offers several trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, and mobile trading apps. This provides traders with a range of options for accessing the markets and trading on the go.
Educational resources: Grand Capital provides a range of educational resources to help traders improve their skills and knowledge. These resources include video tutorials, webinars, trading signals, and calculators.
Customer support: Grand Capital provides customer support via multiple channels, including live chat, phone, email, and a knowledge base. The company aims to provide timely and effective assistance to its clients.

Cons:

Limited regulation: Grand Capital is not regulated by any of the major financial regulatory bodies, which may be a concern for some traders.
Limited deposit/withdrawal options: Grand Capital offers a limited range of deposit and withdrawal options, which may be inconvenient for some clients.
Inactivity fee: Grand Capital charges an inactivity fee of $10 per month if a client does not trade for 6 months. This may discourage traders who do not trade frequently.
Limited research tools: Grand Capital offers limited research tools, such as market analysis and news updates. This may be a drawback for traders who rely heavily on these types of tools.
Limited promotions: While Grand Capital does offer some promotions and bonuses, the range of options is relatively limited compared to some other brokers in the industry.

Frequently asked questions about GrandCapital

Is Grand Capital regulated?

Grand Capital is regulated by the Financial Commission, an independent self-regulatory organization in the financial services industry. However, it is not regulated by any of the major financial regulatory bodies.

What trading platforms does Grand Capital offer?

Grand Capital offers several trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, and mobile trading apps.

What account types does Grand Capital offer?

Grand Capital offers several account types, including ECN, Standard, Crypto, and Swap-Free accounts.

What trading instruments does Grand Capital offer?

Grand Capital offers a diverse range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies.

What are the deposit and withdrawal options for Grand Capital?

Grand Capital offers several deposit and withdrawal options, including bank transfer, credit/debit cards, Skrill, Neteller, and Bitcoin. However, the range of options is relatively limited compared to some other brokers.

Does Grand Capital offer educational resources for traders?

Yes, Grand Capital offers a range of educational resources for traders, including video tutorials, webinars, trading signals, and calculators.

What is the minimum deposit required to open an account with Grand Capital?

The minimum deposit required to open an account with Grand Capital varies depending on the account type. For example, the minimum deposit for a Standard account is $10, while the minimum deposit for an ECN account is $100.

What is the maximum leverage offered by Grand Capital?

The maximum leverage offered by Grand Capital varies depending on the trading instrument and account type. For example, the maximum leverage for forex trading is 1:500 for Standard accounts and 1:200 for ECN accounts.