Grand Capital Ltd. Fees and Minimum Deposit - TU Expert review
While reliability is paramount, fees and minimum deposits are crucial factors when choosing a broker. Lower fees with diverse options make a broker more attractive for trading. The minimum deposit is another important factor for new traders who may not have a substantial amount to invest immediately.
Traders Union analyzed Grand Capital Ltd. fees, minimum deposit requirements, and commission structure to assess their suitability for beginner traders.
Short introduction of 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.
| 💰 Account currency: | USD (8 currencies and 4 metals in some accounts) |
| 🚀 Minimum deposit: | $10–500 depending on account type |
| ⚖️ Leverage: | 1:1–1:500 depending on account type; 1:3 for cryptocurrencies |
| 💱 Spread: | 0.4–1.0 pips |
| 🔧 Instruments: | Currencies, stocks, indices, metals, energy commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100% / 40–80% |
Grand Capital Ltd. Commissions and Fees
Experts at TU have analyzed Grand Capital’s offers and basic trading terms for obvious and hidden fees. No hidden fees were found. Besides spreads, evident fees worth noting include maintenance fees on ECN accounts ($5–15 for 1 lot or 0.5%) and withdrawal fees (deposit fees are absent). Withdrawal fees are 0.5%–0.6%.
| 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 |
A broker is an intermediary between a trader and an exchange. Therefore, brokers charge fees for their services. The fees may have different structure.
There are the following fees in the Forex market:
-
Spread – the difference between the buy and the sell price of an asset.
-
Commission per lot.
-
Commission per trade.
Broker fees may differ depending on the trading account type. For example, on some accounts spread is used as a trading fee, and on others – commission per lot.
Grand Capital Ltd. Minimum deposit
Guide on how traders can start earning profits
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.
Brokers similar to Grand Capital Ltd.
When analyzing Grand Capital Ltd., it is important to compare it with other similar companies. Before you choose a broker, it is important to compare its trading conditions with competitors. Traders Union analysts have prepared a comparison of the minimum deposit and other trading conditions of Grand Capital Ltd. and other brokers.
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, Mobile Trading, MT5, cTrader, FxPro Edge |
MT4, MT5, Mobile Trading, XM App |
|
Min deposit |
$10 |
$10 |
$5 |
$10 |
$100 |
$5 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
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 |
No |
No |
No |
No |
No |
No |
|
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 |
| Grand Capital Ltd. | RoboForex | Pocket Option | Exness | FxPro | XM Group | |
|---|---|---|---|---|---|---|
|
Forex |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Metalls |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Crypto |
Yes |
No |
Yes |
Yes |
Yes |
Yes |
|
CFD |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Indexes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Stock |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
ETF |
No |
Yes |
No |
No |
No |
No |
|
Options |
No |
No |
No |
No |
No |
No |
Could I recommend Grand Capital Ltd. to a beginner trader?
Analysis of Grand Capital Ltd. shows that the broker has a rather high minimum deposit. It could pose a problem for traders, who are only starting their path in trading. Nevertheless, the fees are low. Therefore, the broker will be a good choice for professional traders.
FAQs
Can you reduce the fees?
As a rule, the fees depend on the trading account type. Also, companies may have special offers.
Is there a dependence between the fees and the deposit amount?
If a broker offers several account types, there is often a dependence. The more money you deposit, the higher the level of your account will be, and, accordingly, the lower the fees.
What spread can be considered low?
Ideally, the spread should be at 0.1 pips for EURUSD. However, if the spread is lower than 1 pip, it can also be considered a low level.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.