Grand Capital Review

Point Summary

• Top Investment Service Provider Africa 2020
• Top African ECN Broker 2019
• Best ECN/STP broker 2017
• Best Broker in Europe 2015
• Best Trading Technology 2016
• Best Affiliate Program 2016 and more.

Is Grand Capital safe or a scam

Since 2016 Grand Capital has been a member of the Financial Commission (FinaCom) – international mediator serving the online foreign exchange industry.

This membership guarantees that clients of Grand Capital are under protection of an international organization and the services provided to them are of high quality and comply with the standards of the Commission.

Financial Commission is an industry-specific dispute resolution service which is supported by Dispute Resolution Committee comprised of recognized industry professionals. It is an independent international service that guarantees honest and timely resolution of any disputes regarding Forex trading. Any trader can submit a claim – the website is translated to various languages.

How are you protected?

All clients of a company that is a member of the Financial Commission are protected by the Compensation Fund which acts as an insurance policy. Any client of such company can be eligible for the compensation of up to $20,000. The fund is held on a segregated account.

Accounts

Grand Capital offers 6 main types of trading accounts: Crypto, ECN, Standard, Swap Free, MT5, Micro and Demo account

Micro Account
A Micro account is a perfect choice for beginners as it allows you to learn the basics of Forex trading without risking large amounts of money.
Start trading in Forex with a minimum deposit of $10 and with no special training.

Standard Account
The widest range of trading instruments such as currencies, metals, CFD-contracts, futures. A standard account is the best choice for traders.

Crypto Account
Grand Capital Crypto account was implemented using the ECN technology, providing access to the markets of high liquidity and immediate order execution. Orders are executed at the best market quotes disregarding any external circumstances.

ECN Prime Account
ECN Prime provides access to the market of high liquidity and immediate order execution. Orders are executed in accordance with the best market quotes and not depending on any external circumstances.

ECN Prime allows adding unlimited liquidity providers, which means that the best possible price is used for order execution.

MT5 Account
The account was designed for those who plan to use algorithmic trading, value low spreads and excellent execution, are interested in trading various instruments.

Swap Account
A Swap Free account is specifically tailored for traders of Islamic faith and is fully compliant with Sharia laws. Swap Free accounts are also suited for long-term trading strategies as they let traders avoid losses when transferring positions through midnight. Trade effectively with no swaps on a Swap Free account in Grand Capital.

The comparision on each live accounts as below:

	Crypto	ECN Prime	Standard	Swap Free	MT5	Micro
Minimum deposit	$100	$500	$100	$100	$100	$10
Spread	from 0.4 point	from 0.4 point	from 1 point	from 1 point	from 0.4 pips	from 1 point
Commission	0.5%	FOREX, Metals, Energies: $5 Indices: $7	FOREX: $0 CFD: $14—$15 CFD STOCK USA: 0.1%	FOREX: $4–$10* FOREX METALS: $5* CFD INDICES: $30* CFD ENERGIES: $45* CFD METALS: $50* CFD CURRENCIES: $35* CFD BONDS: $55* CFD SOFTS, GRAINS, MEATS: $10* CFD STOCK: USA, Russian: 0,10%* *one lot per day	FOREX, Metals, Indices, Energies: $5–$10 CFD USA, EURO, Russia, Asia: 0.1% Crypto: 0.5%	$0
Margin call / Stop out	100% / 80%	100% / 80%	100% / 40%	100% / 40%	100% / 80%	100% / 40%
Available instruments	18	38	330	330	450	66
Leverage	1:3	From 1:1 up to 1:100 Floating	From 1:1 up to 1:500	From 1:1 up to 1:500	From 1:1 up to 1:100 Floating	From 1:1 up to 1:500
Currency	USD	USD	8 currencies; 4 metals; 2 cryptocurrencies	USD	USD	8 currencies; 4 metals
Minimum contract	0.01 lot with the step of 0.01 lot	0.01 lot with the step of 0.01 lot	0.01 lot with the step of 0.01 lot	0.01 lot with the step of 0.01 lot	0.01 lot with the step of 0.01 lot	0.10 lot with the step of 0.10 lot
Execution system	Market Execution	Market Execution	Market Execution Instant Execution	Market Execution	Market execution	Market Execution
Terminals	MT4	MT4	MT4	MT4	MT5	MT4

How to open new account at Grand Capital

Opening a Live trading account with Grand Capital is so simple with two steps

1. Fill in the form below


2. Once you filled in, click "Register", then you will see the form below, click "Create ac account"


Congrats! You have opened a new account in Grand Capital!


Demo account

At Grand Capital, they aim to make your trading life easier - and if youre new to the world of trading (or youre an experienced trader but new to Grand Capital), you can download the demo version and practise with $10,000 of virtual funds.

Its free to sign up for one of their demo accounts and they will not ask you for any payment details, such as credit card information, when you do. Its a risk-free opportunity to learn more about Grand Capital and to practise trading.

Pacticing with Demo account helps you better understand how to execute trades, as well as your risk exposure.Success or failure in simulated trading bears no relation to probable future results with any live trading that you may choose to engage in.

You can practice demo account on the type account as below:

The form to register Demo Account is the same as Live Account

How long does my demo account last for?

No expire for Demo account, it means demo account will remain there unless you close it
 

Products

Trading Platforms

Like most FX brokers, Grand Capital supports the world’s leading trading platform MetaTrader 4, MetaTrader 5, which is fully customizable for just about any trading situation, skill level and preference. It is available on desktop, mobile version. Besdie that They also have another platform on web is Web-Trader


MT4

MT4 provides all the tools and resources a trader needs: a number of technical indicators, advanced charting package, one-click trading option, Expert Advisers (EAs) and extensive back-testing environment.

Advantage of MT4

• More than 330 instruments for efficient trading: 54 currency pairs, spot-metals, gold and silver, CFDs, stocks, indices and futures (raw materials and energy resources)
• Compatible with iOS- and Android-based mobile devices
• The platform is compatible with the vast online library of user indicators and expert counselors
• Trailing Stop, the possibility to lock positions and independently manage several accounts at the same time

MT5

MetaTrader 5 is recognized as the perfect terminal by professional traders. MT5 is the next generation of the popular MT4 trading platform.

MetaTrader 5 is the perfect platform for you if you create and test trading robots with complex settings, value stability of the terminal’s operation, while a modern interface and a variety of analysis tools are important for you.

In order to use the MetaTrader 5 platform, one would need to select the MT5 account type. All other account types are associated with the use of MT4 only.

Some features of MetaTrader 5

MetaTrader 5 mobile terminal for iOS and Android

MT5 trading terminal for mobile devices is available for iOS and Android. It has the full functionality of the desktop version and offers a large variety of tools for analysis: 30 indicators, 24 analytics objects. The app also supports netting and hedging systems.

WebTrader

WebTrader is an online terminal for in-browser trading. Take advantage of professional analytic tools: indicators and charts. WebTraders functionality is similar to MetaTrader 4, but doesnt require installation.

Which trading platform is better for you?

Most seasoned traders will tell you that all they really want from a trading platform is something that is reliable and easy to use, intuitive, and doesn’t crash. Each platform is unique and has its own pros and cons, so it is best to understand what you want in a forex account, and platform before you get started.

Deposits and Withdrawals

Grand Capital offers to its clients’ various payment methods. These are 

• Bank Transfer
• Credit Card (Visa, MasterCard)
• e-wallets such as Skrill, Neteller, PAYEER, Perfect Money, FasaPay, WebMoney
• Local transfer agents

Deposits

What is the minimum deposit amount at Grand Capital?

The minimum deposit amount is set to a 10$, which allows even beginning traders to open an account and engage into the world of trading easily.

How long does a Deposit take at Grand Capital?

Deposits via Bank transfer almost take between 3 and 5 working days except help2pay takes 15 miniutes , while credit card and e-wallet deposits are processed as fast as 15 minutes.

Deposit Fees at Grand Capital?

Most of them are compensated by Grand Capital 0%

Account Base Currency at Grand Capital?

You are able to deposit in INR, SGD via exchanger which converts your currency to agent currency according to its rate


Withdrawals

Does Grand Capital charge withdrawal fees?

Yes, they have various fees depend on the payment method

Some payment method as below

How long do withdrawals take?

Withdrawals can be made through the same methods and generally take up to 3 working days to process.
Some payment med

Note:
If you’re a more casual trader, we recommend using electronic payment methods because they have percentage-based commissions which do not exceed 2% and are often lower than 1% of the amount you withdraw, depending on your service provider. These methods are also processed faster (up to 3 days) and some of them offer more currencies than the bank wire methods do.

If you’re a more serious trader aiming to withdraw larger amounts, bank wire transfers would perhaps be the better option for you, since most of them have fixed commissions

Commissions and Fees

Grand Capital offers clients the choice between six account types, each with different pros and cons to make sure there is something for everyone:

• Crypto Account: 0.5% commission and spreads from 0.4 pips
• ECN Prime Account: from USD 5 commission and spreads from 0.4 pips
• Standard Account: No commission on forex trading, spreads from 1 pip
• Swap Free Account: No overnight swaps designed for Muslim traders
• Micro Account: Commission-free trading and spreads from 1 pip
• MT5 Account: Designed especially for algorithmic trading on the MT5 platform

	Crypto	ECN Prime	Standard	Swap Free	MT5	Micro
Minimum deposit	$100	$500	$100	$100	$100	$10
Spread	from 0.4 point	from 0.4 point	from 1 point	from 1 point	from 0.4 pips	from 1 point
Commission	0.5%	FOREX, Metals, Energies: $5 Indices: $7	FOREX: $0 CFD: $14—$15 CFD STOCK USA: 0.1%	FOREX: $4–$10* FOREX METALS: $5* CFD INDICES: $30* CFD ENERGIES: $45* CFD METALS: $50* CFD CURRENCIES: $35* CFD BONDS: $55* CFD SOFTS, GRAINS, MEATS: $10* CFD STOCK: USA, Russian: 0,10%* *one lot per day	FOREX, Metals, Indices, Energies: $5–$10 CFD USA, EURO, Russia, Asia: 0.1% Crypto: 0.5%	$0

Bonuses and Promotions

At the time of this Grand Capital review, they did offer some bonuses promotions such as: "Commission-free deposits", "Payback - real money rewards for trading", "VIP conditions", "Any Deposit Bonus 40%"

Deposit commission-free at Grand Capital:

Payment systems that you use for making deposits into your trading account take fees for the conduction of financial operations. On the average, they are about 2–10% of the total sum, or more.

That’s why they compensate the commission of all payment systems(Except blockchain, bank and wire transfers.) and return the difference to the client’s trading account.

• Deposits of any amount are commission-free.
• Commission-free deposits into any trading account (Standard, Swap Free, Micro, ECN, MT5).
• Compensation is credited to a client’s trading account together with the deposit.
• Commission amount is calculated and transferred automatically.
• The promotion is valid indefinitely.
• Clients from any country can participate in the promotion.

Payback

Payback is a new Grand Capital loyalty program where every client can receive a monetary compensation for active trading.

• Payback Advantages
• Payback is real money which you can withdraw as soon as it is deposited to your account.
• The payback does not depend on the number of lots; however it depends on the number of trading days.
• A client becomes eligible for a payback after 5 days of trading continuously. The more days you trade, the more money you get in return.
• After 5 days of trading, the Payback is deposited on a daily basis. The full statistics is available in your Private Office.
• Payback amount is calculated based on the number of days of active trading. Depending on the number of days you trade, you will be given one of the following statuses.

How to participate?

• Open an account Standard
• Trade any instruments except CFD STOCK USA and Russian Stocks
• Trade continuously for 6 days while placing at least one trade a day
• The longer your period of continuous trading, the larger your reward

VIP Conditions

They offer superior service for the selected clients actively trading with large volumes. Once total balance of your account reaches 50,000 EUR/USD, you receive VIP status* and get access to exclusive benefits Grand Capital has to offer.

VIP Benefits

Any Deposit Bonus 40%

Probably the best bonus for traders! - All profit received from trading the bonus funds is freely withdrawable. - In time the bonus funds pass into the client’s ownership at the rate of: $3 per 1 lot. - Bonus can be renewed every 6 months by depositing 10% of the initial sum to your account. - Bonus funds can be used for drawdown.

Deposit at least $1 to take part in the promotion

Trading Features

LAMM

Any trader at Grand Capital can provide their trades for copying by other users, thus becoming a Manager. Anyone can enable the automatic copying of trades from their account, thus becoming an Investor. As a result, the investor makes the same profit as the Manager, but pays a fee for using their trades.

Advantages of LAMM

Portfolios

A portfolio is a universal tool suitable both for beginners and experienced traders. It allows to distribute funds between several instruments and, as a result, to achieve higher profitability. The key of success of a portfolio lies in the balance of assets.

Advantages of Grand Capital Portfolios

RAMM

RAMM (Risk Allocation Money Management) is a system for automated copying of trade transactions. It allows you to earn like professionals and brings profit to both parties – those who copy transactions (investors) and authors of trading strategies (traders). In other words, investors profit from the transactions of professionals, and traders profit from commissions for the use of their strategies.

Customer Support

Research Education

Research Material

Economic Calendar

Stay on top of the markets by viewing upcoming economic events to help you make informed trading decisions, with Economic Calendar. It includes economic events and indicators from all over the world that are likely to affect the price of stocks, commodities, currencies and more. Check the calendar everytime you trade

Analytic Reviews

Educational Material

They do not provide any education materials for the moment writing this review.

Conclusion

Grand Capital is a forex broker who is regulated by Financial Commission. This regulation is not as strong as FCA, ASIC or CySEC. So, I don’t mean Grand Capital is a scam but you should be careful.

It offers all traders who sign up with a 40% deposit bonus, as well as a “payback” reward for clients who trade more frequently. All profits made from trading with the bonus are freely withdrawable for the user.

It’s easy to see how the level of one’s satisfaction with this broker could easily be tied to them choosing the right account type. Six account types may prove to be a bit much for some, while others may appreciate having the ability to make a more personalized selection

Grand Capital’s customer service is conveniently organized for traders located in one of the countries where the broker has offices through its Introducing Broker-program. This includes local phone numbers in countries like Russia, Germany, Malaysia, and a range of other places around the world. For other inquiries, tech support can be contacted via email 24 hours a day on weekdays.

It has some drawbacks though. The product portfolio is limited, the stock CFD fees are quite high. They do not provide any education materials for the moment writing this review. There are a lot of brokers who have better trading conditions and you can check my website to read their reviews.

If you want to try this broker, you can start with demo account.

Yet, we would be glad to know your personal opinion about Grand Capital you may share your experience in the comment area below, or ask us for some additional information if required.