Grand Capital is a premium online trading broker that delivers a truly rewarding experience. The company is the market veteran with more than 10 years of successful history. Want to know more? Read our full Grand Capital review!
Leverage: 1:2000 Licences: FinaCom
Min. Deposit: 10 USD Bonus: $500
Spreads: from 1 pips US clients: No
Need Forex broker? Register with XM instead!
Transparency of the brokerage firm is an inalienable part of the high-quality services. When preparing this Grand Capital review, we were surprised by the information provided about the company’s activity. Their “About Us” section has a timeline, where any guest of the website can see how the broker was growing and expanding its services globally.
Is Grand Capital legit? As we have discovered, the broker is regulated by FinaCom.
The headquarters of this firm is located in 106 Premier Building Victoria, Mahe, Seychelles. There are 25 international offices presented in various continents. Unfortunately, US clients are not accepted.
Grand Capital Trading Accounts
At Grand Capital, you can select one of the 5 live trading accounts. These are:
- Swap-Free or Islamic Account
The investment barrier at Grand Capital is super-low – just $10 required to start trading using the Micro account. Free education is available at all provided accounts. It is also important to mention that every account can be opened with USD, EUR, CNY, RUB, JPY and GBP.
Micro and Standard accounts offer the widest range of trading instruments: currency pairs, commodities, metals, indices, stocks and CFDs.
In addition, Grand Capital binary options account offers up to 86% payouts for all binary trades.
Lastly, ECN account is geared to Forex professionals. This account is perfect for scalping, trading on news and for using the automated trading software. At the image below you can view the detailed comparison of the trading accounts offered:
Starting in July 2018, Grand Capital revamped its ECN accounts using AMTS solutions. This means that the firm can now virtually process any amount of requests with no loss in speed and quality. All clients’ orders will be executed in accordance with the current market prices and will not be affected by external forces.
Additionally, Grand Capital allows you to open two free demo accounts, called Options and Standard. If you wish to practice using the benefits of ECN, Grand Capital offers such demo account too.
Many Grand Capital reviews also favor the quality of PAAM and LAMM services.
Grand Capital Review of the Trading Platforms
Generally, there are two platforms offered at Grand Capital – MT4 and the WebTrader.
MetaTrader 4 does not need further representation. This award-winning platform has 330 tradable instruments, right spreads (starting from 1 pip) and automated trading capabilities powered by the use of EAs. Moreover, Grand Capital Forex broker platform has special apps for mobile devices. Therefore, iOS or Android users can enjoy trading their favourite instruments on the move.
The second platform at Grand Capital is the WebTrader. You can easily access the platform using the browser, as no software is required to download. What is particularly good with this web-based platform is the availability of two separate modes of the platform: Forex and Binary Options trading. The platform has a comprehensive library of tools dedicated to technical analysis and also great charts developed by TradeView.
In terms of promotions, Grand Capital broker is a fascinating choice. Traders can get 40% tradable bonus for every deposit, get a reward for inviting a friend and also a profit from the generous Welcome $500 No Deposit Bonus. We should admit that the free $500 cash bonus has a completely withdrawable profit.
Another promo to mention is the so-called “Day of Risk-trading”. This promotion is specially designed for binary options traders. It provides all clients of Grand Capital with the whole day of risk-free trading, thus securing traders from potential losses. The promo is valid and we have not found any evidence of Grand Capital scam.
Customer Support at Grand Capital
Their direct customer support has proved to work professionally. You can reach customer support agents all the time during market hours via email, local phones or by using a live chat. The website is accessible in 13 languages.
Our review of Grand Capital has also identified a very helpful FAQ, as the part of indirect client support. However, Grand Capital certainly lacks educational features and we hope that the broker will add them in the nearest future.
Deposits and Withdrawals
The broker offers plenty of ways to transfer your money, e.g. credit/debit cards, bank wire transfers, various electronic payment systems and also money order companies like MoneyGram or Western Union.
When preparing this Grand Capital opinion, we have found out that the broker charges 0% commissions for depositing money, all the commissions come from payment systems only. Sometimes this broker offers promos that compensate for these fees. A withdrawal request is processed within 3-5 days.
Grand Capital Review Conclusion
This broker offers good terms as well as very high leverage. If CRFIN license is good for you – You can sign up with this broker.