Grand Capital Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MT5
- Grand Trade
- FinaCom
- 2006
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MT5
- Grand Trade
- FinaCom
- 2006
Our Evaluation of Grand Capital Ltd.
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Grand Capital Ltd. is a moderate-risk broker with the TU Overall Score of 5.66 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Grand Capital Ltd. clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Grand Capital tries to present itself as an all-inclusive broker for beginners/professionals and active/passive traders. Despite a large number of trading instruments, there are complaints about the technical realization of trading.
Brief Look at Grand Capital Ltd.
Founded in 2006, the Grand Capital broker delivers a full range of brokerage services, including cryptocurrency and futures trading. The company was one of the first to offer Copytrading services and Investment portfolio for passive investing and provide direct access to the largest liquidity aggregator. Traders’ money is insured by the Financial Commission, which guarantees up to 20,000 EUR coverage for every client.
- direct access to Currenex, which ensures faster execution of orders in ECN accounts and relatively tight spreads;
- segregated accounts and up to 20,000 EUR insurance coverage for every client;
- platforms for passive investing.
- offshore regulation;
- fees apply on almost all account types;
- withdrawal fees apply;
- no demo accounts for cryptocurrencies;
- support service works slowly.
TU Expert Advice
Financial expert and analyst at Traders Union
Grand Capital is a broker that focuses on innovative data transfer technologies and the latest instrumental solutions. By that I primarily mean two things. Grand Capital names its liquidity providers (Currenex and Swissquote) directly, thereby confirming that it uses an ECN technology for placing orders in the interbank currency market. The second aspect is the use of a separate cryptocurrency account and blockchain-based technology for the protection of investor funds/data called Serenity.
Grand Capital also provides access to Copytrading services and Investment portfolio. Investors cannot contact traders. There is no information about the risks of investing in traders, which means these platforms need to be improved.
Grand Capital’s downsides include quite high fees for the maintenance of ECN accounts and money withdrawal. There are also other aspects that do not let us call Grand Capital the best broker, but its features still deserve to be tried on a demo account at least. The Traders Union’s long-term partnership with this company is the reason to place it in the middle of the broker rating.
- You are comfortable with FinaCom protection, as Grand Capital is a member of FinaCom, an independent dispute resolution body that offers up to €20,000 compensation per claim.
- You are looking for direct access to Currenex, ensuring faster execution of orders on ECN accounts and relatively low spreads.
- Regulation is essential for you, as the lack of regulation by a major financial authority might make some traders uncomfortable.
Grand Capital Ltd. Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | МТ4, МТ5, Grand Trade |
|---|---|
| 📊 Accounts: | Demo, ECN Prime, Crypto, Standard, MT5, Micro, Swap Free |
| 💰 Account currency: | USD (8 currencies and 4 metals in some accounts) |
| 💵 Replenishment / Withdrawal: | Bank cards, Bank transfer, Electronic payment systems (Astropay, FasaPay, Help2Pay, PayRedeem, PayTrust, Paylivre, Perfect Money, Thunder X), Cryptocurrencies (Bitcoin, Ethereum, Tether), Local transfer agents (Indian Exchanger) |
| 🚀 Minimum deposit: | $10–500 depending on account type |
| ⚖️ Leverage: | 1:1–1:500 depending on account type; 1:3 for cryptocurrencies |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 (0.1 for micro accounts) |
| 💱 Spread: | 0.4–1.0 pips |
| 🔧 Instruments: | Currencies, stocks, indices, metals, energy commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100% / 40–80% |
| 🏛 Liquidity provider: | Currenex, Swissquote |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | Cryptocurrency trading; Islamic accounts; Proprietary copy trading platform. |
| 🎁 Contests and bonuses: | YES |
Grand Capital’s trading conditions are suitable for any category of traders. The broker offers cryptocurrency accounts, algorithmic trading accounts, accounts with a small initial deposit, and accounts with leverage from 1:1 to 1:500. Copy trading is also available.
Grand Capital Ltd. Key Parameters Evaluation
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Trading Account Opening
Start getting familiar with the Grand Capital broker by opening a demo account, but before you do that, register on the Traders Union website for free and go to the Grand Capital website through an affiliate link. It will allow you to receive partial compensation for the spread.
How to open an account with Grand Capital:
On the website’s homepage, click “Open an account”. This button is also available in other menus like “Account types”.
Register by providing your first and last names, phone number, and email address. Opening a demo account does not require confirmation through email. Opening a real account requires verification.
Grand Capital user account offers the following features:
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entering data into profile settings, including verification and personal data protection;
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statistics on active and archive accounts (including accounts for passive investing).
Other useful features:
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web platform;
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statistics on active affiliate programs;
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special offers and bonuses.
Regulation and Safety
The Grand Capital broker is a permanent member of the Financial Commission (FinaCom) that ensures the protection of investors in force majeure cases and non-standard situations. The insurance coverage for every client is up to 20,000 EUR.
Since 2018, Grand Capital has been using technology for the protection of funds and the settlement of disputes called SERENITY ESCROW. It guarantees the safety of deposits, automated checking of trades for compliance with market average conditions, and consideration of complaints by the board of arbitration.
Advantages
- Compensation fund provided by an independent organization
- Blockchain-based protection and control system
Disadvantages
- Private investors with a small capital should only count on their own efforts
Commissions & Fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Micro | $1 | Yes |
| Standard | $10 | Yes |
| MT5 | $4 | Yes |
| ECN Prime | $4 | Yes |
| Crypto | $4 | Yes |
| Swap Free | $10 | Yes |
Swaps (fees on keeping positions open overnight) apply.
TU’s analysts have also compared the fees at Grand Capital and its main competitors. The results are in the table below.
| Broker | Average commission | Level |
|---|---|---|
|
$5.5 | |
|
$1 | |
|
$8.5 |
Account Types
Grand Capital offers several account types, each having its own function. Micro accounts allow you to practice strategies in real markets and acquire experience. ECN and МТ5 accounts are for professional algorithmic trading. Classic and cryptocurrency accounts are also available.
Account types:
The broker offers demo versions of ECN, MT5, and Standard accounts so that you can explore the platforms’ features.
Deposit and Withdrawal
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Grand Capital allows money withdrawal on a trader’s request without any limits on the number of requests or withdrawal amount. The broker reimburses deposit fees and charges withdrawal fees in accordance with payment system rates (from 0.5% to 6%).
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Money, including cryptocurrencies, can be deposited and withdrawn in several ways: Bank cards, Bank transfer, Electronic payment systems (Astropay, FasaPay, Help2Pay, PayRedeem, PayTrust, Paylivre, Perfect Money, Thunder X), Cryptocurrencies (Bitcoin, Ethereum, Tether), Local transfer agents (Indian Exchanger).
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Receipt to account balance takes up to 15 minutes (24 hours for Tether and Ripple). Withdrawal through all systems takes up to 3 days.
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Transfer currencies are EUR, USD, RUB, and cryptocurrencies.
Investment Options
This broker is geared towards active traders and those who prefer passive investing. The social trading platforms are automated: copy trading takes place as traders’ positions open/close. Trader and investor orders are executed without delays.
Copytrading with risk control
Copytrading are an automated copy trading system that allows both traders (authors of trading strategies) and investors to make money. A trader opens an account and automatically gets on the rating. The larger his profits and the longer his account exists, the higher his place in the rating. An investor selects one or several traders and connects his account to them. The trader’s transactions are automatically copied to the investor’s account, and if the transactions are successful, the author of the strategy gets part of the investor’s income.
Minimum budget — $100.
An investor can connect to any other trader at any moment.
Statistics on trader strategies include their existence time, yield per month and in the whole existence time, number of linked investors, etc.
Copytrading volumes can be selected. For instance, an investor can copy transactions at a ratio of 1:1 if he is confident in the deposit amount and leverage. An investor can choose proportional copying or a percentage of a trader’s transactions.
Investment portfolio
An investor can form a diversified trader portfolio and offer other investors to copy signals from his portfolio. In other words, he can be a trader and an investor at the same time.
Advantages:
Trading instruments — Stocks, indices, metals.
Trading platform — MetaTrader 4, MetaTrader 5, Grand Trade.
Expected yield — 15–25% per month, request a portfolio.
The minimum budget is 1000 dollars, which is quite profitable for the proposed type of lighting compared to competitors.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Grand Capital’s Partnership programs
Web partnership. Participants in this program attract traders through blogs, forums, social media, and proprietary websites with promotional content and referral links. Initial investments are not required, and the reward for each lot is $15.
White Label. Partners provide access to Forex markets under their own brands using Grand Capital technologies.
Regional representative. Under this program, you open the broker’s representative office in your region.
Franchise. Development of your own Forex market business under the Grand Capital brand. It requires you to strictly follow the company’s regulations and ensure the operating capacity of your office, including the financing of transaction expenses.
Grand Capital’s affiliate programs are primarily intended for those who are ready to develop their own multi-level partner networks or establish separate legal entities to provide Forex services. These offers are also suitable for owners of web resources.
Customer Support
The broker’s support service is ready to help clients 24 hours a day, 7 days a week.
Advantages
- Support service is available
Disadvantages
- Slow response
Support can be contacted in several ways, by:
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email;
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chat on the broker’s website;
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feedback form.
Support is also available in user accounts.
Contacts
| Foundation date | 2006 |
|---|---|
| Registration address | Suite 102 Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles |
| Regulation | FinaCom |
| Official site | https://grandcapital.net/ |
| Contacts |
+1 646 844 7187
|
Education
The Education section of the Grand Capital website gives you a general idea of what trading is and how the Forex market operates. Here you will find all the basic education content: books, video lessons, original courses – everything you need for a successful start.
Skills gained from learning courses can be tested on demo accounts.
Comparison of Grand Capital Ltd. with other Brokers
| Grand Capital Ltd. | RoboForex | Pocket Option | Exness | FxPro | XM Group | |
| Trading platform |
Grand Trade, MT4, MT5 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4, MT5, MobileTrading, XM App |
| Min deposit | $10 | $10 | $5 | $10 | $100 | $5 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 1 point | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0.6 points |
| Level of margin call / stop out |
100% / 40% | 60% / 40% | 30% / 50% | No / 60% | 25% / 20% | 100% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | $10 | No | No | No | No | No |
| Cent accounts | Yes | Yes | No | No | No | Yes |
Detailed review of Grand Capital
Grand Capital is one of the leading international brokers that provides direct access to ECN systems. Due to this, clients get faster order processing and tight market spreads. The company was one of the first to offer cryptocurrency trading, additionally implementing a blockchain-based technology for data protection and dispute resolution. Also, in force majeure cases, every trader can count on a compensation payment of up to 20,000 EUR.
Grand Capital is an ECN broker for active and passive trading
Grand Capital successfully combines platforms for active and passive trading. In addition to the primary platforms, the company offers a Copytrading services and Investment portfolio. These offers differ in the approach to the formation of traders’ ratings and statistics.
The broker’s trading platforms are МТ4, МТ5 and Grand Trade (web terminal). MT4 is available for all accounts, including those for cryptocurrency. Separate MT5 accounts are available for professional algorithmic trading with market depth. There is also a simplified browser version of MT4 that can be accessed from user accounts.
Grand Capital’s useful services:
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economic calendar and online quotations;
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trader’s calculators.
Advantages:
fast order processing and tight spreads;
insurance coverage (up to 20,000 EUR for each trader);
proprietary copy trading platform;
no trading limits.
User Satisfaction