Grand Capital Review - Is This Broker Good for Beginners? - WikiFX

Grand Capital is a brokerage firm that provides traders with access to a diverse selection of financial instruments for trading. It offers many accounts and demo accounts are also available. However, as of now, it has no regulations and there are many residents who have no access to trade with them.

Pros and Cons

Is Grand Capital Legit?

Grand Capital has no valid regulations. Besides, it was registered on August 15, 2022. As of now, its status is “OK”. It is set to expire on August 15, 2025, and the last update was made on August 3, 2024.

What Can I Trade on Grand Capital?

Grand Capital offers over 500 assets including forex, CFDs, stock, ETF, cryptos, indices, and agricultural and energy commodity futures.

Account Type

Grand Capital offers various trading accounts: the Standard, Platform 5, Micro, ECN Prime, and Swap free accounts. With the exception of the ECN Prime account, which requires a minimum deposit of $500, and the micro account, which only needs a $10 minimum deposit, all other accounts mandate a minimum deposit of $100.

Leverage

There are the Standard, Platform 5, and Micro accounts with leverage ratios of 1:1 to 1:1000, 1:1 to 1:500, and 1:1 to 1:500 respectively. The ECN Prime account offers from 1:1 to 1:3000. Besides, Grand Capital offers Swap free accounts with a leverage ratio between 1:1 and 1:1000.

Grand Capital Fees

Grand Capital offers spread from 0 pips for their traders.

Grand Capital Commission

Grand Capital imposes a variety of commission structures across its different account types.

Trading Platform

Grand Capital offers Webtrader trading platform. This platform serves as various trading instruments for the forex broker.

Deposit and Withdrawal

Grand Capital offers bank cards, various bank transfers, electronic payment systems, cryptocurrencies, and local transfer agents for deposit and withdrawal, with transfer periods ranging from 15 minutes to a day. The commission policies vary; some are compensated by Grand Capital resulting in 0% for clients, while others depend on the originating bank or are determined by the blockchain.