Grand Capital Review and Tutorial 2021

Grand Capital is an online-based forex broker that likewise offers CFD and cryptocurrency trading. Our audit covers the details of trading with this broker and investigates its MT4 platform, leverage, and no deposit invite reward.

Grand Capital Details

The Grand Capital Group includes two organizations, both named Grand Capital Ltd, situated in St Vincent and the Grenadines and Seychelles. The broker doesn’t seem to have a guideline from a major financial position. Notwithstanding, it is an individual from both Serenity and the Financial Commission, which are compensation bodies and dispute resolution.

Grand Capital serves a few districts and has more than 40 areas globally, and many are in Russia. The broker has, as of late, opened a server farm in Hong Kong and has a solid presence in Asia with offices in Myanmar, India, Malaysia, and Indonesia. The group likewise has recently opened offices in Nigeria, Namibia, Kenya, and South Africa.

Trading Platforms

After enrollment, customers who join Grand Capital will get Private Office login details. This client portal permits brokers to deal with their accounts and gain admittance to the financial markets.

MetaTrader 4

The broker offers integration with MT4, a generally well-known platform that merchants can download on Windows or macOS. It has industry-leading specialized and scientific abilities however remains user-friendly for beginner merchants. MT4 has many elements to upgrade trading techniques:

• Interactive charts with 23 scientific items and 30 specialized indicators
• Multiple trading request types, including trailing stop, market, and forthcoming orders
• One-click trading to put orders straight off the chart

MetaTrader 5

Grand Capital customers can likewise exchange utilizing MT5, an amazing refreshed platform that upholds a significantly more extensive range of tools and examinations. The platform incorporates the accompanying elements:

• More than 80 technical indicators and logical tools
• Threefold the number of timeframes as MT4 for flexible quote representation
• Two-position accounting frameworks: netting and hedging

WebTrader

Grand Capital’s MT4 and MT5 workers can likewise be gotten to on any program and operating system utilizing the WebTrader online platform. Web exchanging offers all the usefulness of the native projects without the obstacles of programming downloads or system similarity, and information is safeguarded utilizing encryption.

Grand Capital Investment

This broker additionally offers LAMM, a copy trading administration that customers can use to build profits. Directors are traders that make their trades accessible for different customers to copy, and Investors pay Administrators an expense to utilize these trades and conceivably work on their takings. The trades are finished naturally, and Investors might set a copying proportion to modulate risk.

Assets

Clients at Grand Capital can grow their portfolio with more than 330 trading instruments across a range of markets:

• Forex – More than 50 major and exotic pairs
• Cryptocurrency – 68 pairs like Bitcoin and Ethereum
• Stocks – Accessible on global organizations like Amazon
• Indices – 12 exchanges including FTSE100 and NASDAQ
• Spot metals – Five metals, including silver and gold
• Energies – WTI and Brent crude oil
• Other CFDs – Softs, bonds grains, and meats

Grand Capital likewise offers binary options trading and runs a different site committed to this asset, gcoption.com. This basic investment choice is accessible on 44 assets, including currency pairs, futures, and metals. The broker offers calls and puts options notwithstanding early closure.

Note the accessibility of assets relies upon the account type. More data can be found on the broker’s site – grandcapital.net.

Trading Fees

The size of Grand Capital spreads relies upon the account type, albeit overall, they are wide. The normal EURUSD spread is 17 pips on the Micro, SwapFree, and Standard accounts and 7 pips on the MT5 and ECN Prime accounts. These are a lot higher than at the normal online brokerage.

Grand Capital likewise charges a commission on many exchanges, despite the fact that exchanges on the Micro account are charge-free.

• Crypto – 0.5% commission
• ECN Prime – Metals, energies, and forex at $5, indices at $7
• Standard – CFDs at $14-15
• Swap Free –Indices at $30, energies at $45, metals at $50, Forex at $4-10
• MT5 – Metals, energies, forex, and indices at $5-10
• Stocks – charged at 0.1% for each and every account

Generally, our review needs to signal that the broker is a costly web-based trading supplier.

Leverage

Grand Capital presents leverage that changes with account type:

• Up to 1:500 on Standard, Micro, and Swap Free accounts
• Up to 1:100 on MT5 and ECN Prime
• Up to 1:5 on Crypto

Note that for forex trading, MT5 and ECN Prime accounts have floating leverage up to 1:1000.

Mobile Apps

Grand Capital Binary

This multifunctional app provides binary options trading with promptly accessible quotes – clients can exchange straightforwardly on the graphs utilizing this multifunctional interface. The app is accessible for download in PlayMarket and as an APK download.

Grand Capital Invest

This mobile app permits in a hurry admittance to the client’s Private Office and accounts. Clients can keep awake to date with news and monitor the investigation and are likewise ready to launch MT4 mobile in a single click. 

MT4 and MT5

Both MT4 and MT5 platforms are charge-free to download from the Google Play and App Store. The apps have the key features of the work area encounter and permit traders to execute orders anyplace.

Grand Capital Payments

Deposits 

At Grand Capital, the minimum deposit to have a Micro account is $10. For the ECN Prime account, it’s $500, and different accounts require $100. The broker acknowledges funding by means of bank transfer, electronic installment frameworks like Bitcoin and Nettler, and nearby transfer agents. Handling times are as long as five days, yet the majority of agents are without commission as Grand Capital remunerates for the fee. 

Withdrawals 

The least withdrawal clients can make $10. Solicitations are prepared within 3 working days. Anyway, bank transfer exchanges may require up to 5 working days. A considerable lot of similar transfer options are accessible. However, the majority of the agents have a related commission charge.

Grand Capital, as of late put set up new check rules in which clients depositing with a bank card should give tone photographs of the card and their archives like passport or ID.

Demo Account

The broker presents a range of demo accounts to mirror its range of live accounts. Clients can open MT5, Standard, and ECN accounts as demo versions. The binary options offering is likewise accessible as a trial account, and all options have $10,000 in virtual funds.

Grand Capital has three demo trading contests with prizes ranging from $200 money to a $1000 no deposit bonus.

Grand Capital Bonuses

Grand Capital, as of now, offers a few advancements. The broker is publicizing a deposit bonus of up to 200% for clients depositing more than $100 into Standard or Swap Free accounts.

The brokerage additionally offers a trading bonus where traders get 40% of their initial deposit. Note to guarantee the worker bonus. Clients should be effectively trading and will get $3 for each part shut.

Grand Capital additionally offered a free no deposit bonus in 2020. Clients receive a $500 welcome bonus for forex trading when they pursue a Ramadan bonus $500 account.

Our review was satisfied to see these bonus incentives offered, close by a trading contest.

Regulation Review

Grand Capital isn’t directed by a major financial institution. Nonetheless, clients are qualified for compensation up to $20,000 as the broker is an individual from the Financial Commission. This broker is additionally an individual from Serenity, which ensures the security of client funds and gives dispute resolution that there be a scam or different concerns.

Generally, this broker appears to be reliable in spite of the absence of regulatory oversight. So, traders ought to consistently check for scam alerts online prior to opening an account.

Additional Features

The Grand Capital site has an organization news segment, in addition to an economic calendar and a forex trading calculator. The broker likewise has a station on Telegram which puts out everyday market news and examination.

Trading Accounts

Grand Capital customers can open several genuine account types that offer various assets and commission structures. Dealers can make an MT5, Standard, Swap Free, Micro, Crypto, or ECN Prime account:

• All accounts have a base 0.01 parcel size
• All work through the MT4 platform, with the exception of the MT5 account
• Accounts are in USD, with the exception of the Standard account, which offers eight different currencies

Each customer favored account will rely upon their experience and deposit sum:

• MT5 accounts are perfect for algorithmic trading
• Standard accounts provide a wide range of assets and are best for forex
• Swap Free accounts are not charged for the time being position commissions
• Micro account might be most appropriate for novices
• Crypto account members have a chief and the choice of 68 cryptocurrencies
• ECN Prime account holders can get to high liquidity and quick execution

For binary choices, customers can invest at least $10, $100, or $300 to get to the Silver, Gold, and VIP packages separately. The higher investment sums confer better trading conditions, for example, a 10% refund for ineffective exchanges of the VIP bundle.

Benefits

Trading with Grand Capital has many benefits:

• Choice of account types to match your trading strategy
• Wide range of assets, including binary choices
• Several bonus incentives and contests
• Low least deposit from $10

Drawbacks

• Unregulated
• Wide spreads on virtually all accounts

Trading Hours

The Grand Capital site is available to brokers every minute of every day. Customers can execute orders when the market is open for their asset of interest, and this relies upon the region and time region.

Customer Support

Traders can contact customer administration utilizing the following channels:

• Email – info@grandcapital.net
• Phone – +1 646 8447187

A chat administration is facilitated on the broker’s site, and customers can likewise demand a callback. Grand Capital additionally has some regional YouTube channels.

Security

The broker guarantees that customer funds are ensured across all exchanges, and that personal data isn’t preposterously uncovered to different gatherings.

Grand Capital Verdict

Grand Capital is a global broker that offers many markets, including forex and binary choices trading. Customers can get to leverage and bonus schemes notwithstanding low least deposits. This broker might be of interest to customers needing to invest in a range of assets.

Accepted Countries

Grand Capital acknowledges merchants from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different nations.

Brokers cannot utilize Grand Capital from United States, Japan.

Alternatives to Grand Capital

In case you are searching for alternatives to Grand Capital, we have arranged a rundown of the best 5 brokers that are like Grand Capital below. This rundown of brokers like Grand Capital is arranged by closeness and just incorporates organizations that acknowledge merchants from your area.

RoboForex – RoboForex is a multi-asset online broker contributing incredible trading aides.

OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile arrangements.

FXOpen – FXOpen is an exceptionally directed FX, and CFD broker is contributing multiple trading platforms.

FXChoice – FXChoice is an offshore retail broker contributing MT4 and MT5 platform downloads.

FP Markets – FP Markets is a multi-asset broker contributing a choice of trading platforms.

FAQ

Is Grand Capital a decent broker?

Grand Capital appears to be a real online broker and not a scam. Online surveys recommend it is dependable for forex and CFD trading.

Is Grand Capital controlled?

The broker isn’t controlled by financial power. Be that as it may, it offers pay schemes and debate goal administrations through its membership with the Financial Commission and Serenity mediatory bodies.

Does Grand Capital offer mobile trading?

The broker has MT4 and MT5 integration, which are offered as mobile apps. It likewise offers its own image mobile apps Grand Capital Binary, and Grand Capital invest for trading and account management individually.

Does Grand Capital have limited time offers?

The broker right now promotes deposit and no deposit bonuses. It likewise runs contests remembering for demo accounts where no deposit is required.

Would I be able to open a Grand Capital demo account?

Demo accounts are accessible with this broker for three live account types, in addition to binary choices trading. Imminent customers can rehearse on the markets with virtual funds.