General Information & Regulation
Grand Capital is a provider of online trading services, and has been able to serve its clients since 2006. The company work with over 3,500 partners around the globe and with over 100,000 clients or traders. The Grand Capital Group comprises two companies, both named Grand Capital Ltd, based in St Vincent and the Grenadines and the Seychelles. The broker does not appear to have regulation from a major financial authority.
Markets Instruments
Clients at Grand Capital can expand their portfolio with over 330 trading instruments across a range of markets:
• Forex – Over 50 major and exotic pairs
• Cryptocurrency – 68 pairs such as Bitcoin and Ethereum
• Stocks – Available on global companies such as Amazon
• Indices – 12 exchanges including NASDAQ and FTSE100
• Spot metals – Five metals including gold and silver
• Energies – WTI and Brent crude oil
• Other CFDs – Softs, grains, bonds, and meats
Account Types
Grand Capital forex brokers offer its clients three different types of trading accounts. They have been tailor-made to meet the varied and unique needs of individual investors.
Standard Trading Account
What makes the standard account the best pick？ One is the fact that it offers you a variety of instruments to trade with. That is, futures, metals, currencies, and CFD-contracts. The other benefits that come with a standard trading account are bonuses and promotions on deposits made, spreads that range from 1 pip, and the opportunity to trade on popular trading platforms like MetaTrader4 and WebTrader.
Crypto Trading Account
What does crypto Grand Capital trading account bring to the table？ Well, what it gives the traders is accessibility to markets characterized by high liquidity. By using this account, you should expect immediate order execution. Also, it allows you to trade using 18 cryptocurrency pairs with a minimum deposit of $1000. The trading terms of crypto account are highly profitable. Trading is also diversified and allows deposits in any currency.
ECN Prime
What is the deal with an ECN Prime trading account？ Well, its primary advantage is that order execution is not subject to any external factors. Instead, it is done in accordance with the best market quotes. The account also allows the traders to trade in markets with high liquidity. The traders are also allowed to trade with 38 cryptocurrency pairs. The trader has also protected from risks in the market thanks to AMTS technology adopted by this account type.
Minimum Deposit
While opening a trading account with the broker, you will be required to make a deposit of $10.
Spreads & Commissions
With Grand Capital, expect to get spreads of around 2.2 pips on EUR/USD for the accounts that are commission free. ECN accounts do have typical spreads of 1.2 pips. It is, however subject to change. That is, if commissions of $5 for every standard lot is added, the spreads will become 2.2 pips.
Leverage
Grand Capital will offer you the highest yet maximum leverage in the market. Grand Capital gives you maximum leverage of 1:2000. It is also important to remember that higher leverages come with higher risks and losses.
Trading Platform Available
The trading platform used by Grand Capital is MetaTrader4 which comes with customizable features that make it convenient for all types of traders. More so, the platform has a web version, mobile version and desktop too which makes it possible for the trader to work from anywhere at any given time.
The MetaTrader4 platform comes with more benefits than it is thought of. For instance, it has a user-friendly interface that allows a trader to make executions by just a click. That is not all; the charting package is not the kind that you can come across any time. It is more advanced with technical indicators. The best part is that with MetaTrader4 you will also get to enjoy the services of Expert Advisors.
Deposit& Withdrawal
Deposits
At Grand Capital, the minimum deposit to open an account is $10 for the Micro account. The ECN Prime account has a minimum of $500 and other accounts require $100. The broker accepts funding via bank transfer, electronic payment systems such as Bitcoin and Nettler, and local transfer agents. Processing times are up to five days but the majority of agents are commission-free as Grand Capital compensates for the fee.
Withdrawals
The minimum withdrawal clients can make is $10. Requests are processed within 3 working days, however bank transfer transactions may take up to 5 working days. Many of the same transfer options are available, but most of the agents have an associated commission charge.
Customer Support
Traders can contact customer service using the following channels:
Email – info@grandcapital.net
Phone – +1 646 8447187
A chat service is hosted on the brokers website and clients can also request a callback. Grand Capital also has some regional YouTube channels.
2022-12-07 14:26
