Point Summary

Headquarters Russia, Moscow, Teterinsky per., 4, building 1, office 213
Found in 2006
Regulators FinaCom
Platforms MT4, MT5, WebTrader
Instruments 330+ assets: currency pairs, and international stock CFDs, indices, metals.
Costs Mid
Demo Account Available
Minimum deposit $10
Max Leverage 1:1000
Commission on Trades Yes
Deposit, Withdrawal options Credit/Debit cards, bank transfer, Neteller, Webmoney, PayTrust, etc.
Education They do not provide any education materials for the moment writing this review.
Customer Support 24/7

Introduction

GrandCapital was established in Russia and has been operating since 2006. The broker is owned by Grand Capital Group, which is comprised of Grand Capital Ltd. 24598 IBC 2018, located in St. Vincent and the Grenadines and Grand Capital Ltd. 036046, located in Mahe, Seychelles.

The broker is regulated
by the International Financial Commission (FinaCom), which is an independent self-regulatory organization and external dispute resolution (EDR) body. Client accounts are insured.

Grand Capital also used to offer binary options trading to its clients, but this part of the business has now been spun off and is instead offered under the brand GC Options.

In terms of underlying assets that are available for trading, Grand Capital offers everything from forex to cryptocurrencies, stock indices and single stocks, as well as a whole range of commodities, all of which are traded as CFDs. In total, more than 330 different instruments can be traded from this broker.

In addition to the trading instruments mentioned above, Grand Capital offers its own “ready-made investment portfolios” to help investors who are unsure about what to invest in. The portfolios can cover everything from CFDs on stocks and commodities to foreign currencies, and will be tailored to each client’s specific needs, profit goals, and risk appetite.
Trading it throught the world’s leading trading platform MetaTrader 4, MetaTrader 5

They currently offers a total of six different account types with minimum deposit is $10. Out of these trading account types, the Standard, Swap Free, and Micro accounts all offer relatively high leverage of up to 1:500 on the most liquid trading instruments. The ECN Prime and MT5 accounts, meanwhile, offer leverage of up to 1:1000 as long as the notional value of a position is less than USD 300,000, while the Crypto account has leverage limited to just 1:3.

Over the years, Grand Capital has been awarded the following titles: "Best Broker", "Best trading technology", "Best Affiliate Program" and more.
Grand Capital Review




Awards

Over the years, Grand Capital has been awarded the following titles:
  • 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.

Grand Capital Review



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:



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

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

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:
Grand Capital Review
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

They offer over 330 instruments available that you can trade

Some Instruments available to trade:

Currencies Over 50 currency pairs available for trading such as EURUSD, AUDCAD, GBPAUD and AUDUSD

Cryptocurrencies

They offer the most popular cryptocurrencies, buy or sell CFDs on Bitcoin, Litecoin, Ethereum, and others

Stocks

We offer shares of major European and American brands such as Google, Facebook, Apple, Amazon, and others.

Indices

Trade CFDs on major indices such as SP 500, DAX 30, CAC 40, Nasdaq 100, and others

Metals Popular spot metals for trading in Forex: Gold and silver such as XAUUSDe, XAGUSDe, XAGEURe
Energies They offer two reference oil brands: WTI and BRENT such as WTIe, BRNe, NGe




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

Grand Capital Review

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
Grand Capital Review
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.
Grand Capital Review


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%
Grand Capital Review

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
Grand Capital Review


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




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

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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

Grand Capital Review


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
Grand Capital Review
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

The team can be reached using various channels such as email, phone, and live chat. It is available 24/7. For individuals who are comfortable finding their own answers, the FAQ section is especially helpful.


Live Chat

We tested the Grand Capital live chat, we sent messages to livechat through their website and it works well But recieved a response within 15 minutes. its realy slow comparing to another broker.
Grand Capital Review

Email Chat

We sent several emails to Grand Capital and answer times overall were good. The fastest response from Grand Capital was 8 hours and the slowest response was 3 days. Support response times may vary for you with Grand Capital, but this was our experience sending 5 emails at varying times.

Overall the phone support from Grand Capital was okay.

Phone Support

We called Grand Capital and the call was answered very quickly. The call was answered in less than 3-10 minutes.

Overall the phone support from Grand Capital was good.

Grand Capital support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Grand Capital Review
FAQ

This section attempts to answer most of the questions normally posed by prospective clients or beginner traders.
Grand Capital Review




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
Grand Capital Review
Analytic Reviews

Grand Capital Review

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.

Thank you for rating.
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