Binary Options Broker | |
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Official website | |
Social network | |
Date of foundation | 2006 |
Head Office | Suite 102 Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles |
Company owner | Grand Capital Ltd. |
Types of support | |
Languages | English, French, Spanish, Italian, German, Portuguese, Farsi, Ukrainian, Korean, Polish, Vietnamese, Indonesian, Malay |
Terminals | MetaTrader 4, MetaTrader 5, WebTrader, GrandTrade mobile application |
Liquidity providers | Currenex, Swissquote |
Min. first deposit | From 10 USD |
Min. rate | From 1 USD |
Brokerage commission | Up to 5% depending on the account |
Bonuses | Until 40 % Deposit Bonus |
Payments | Until 86 % |
Free demo account | |
Adjustable | Yes |
Regulators | Finacom |
Types of accounts | Micro, LAMM, Standard, Crypto, ECN Prime, Swap Free, MT5, RAMM, Demo |
Methods of replenishment | Neteller, Perfect Money, VLOAD, Webmoney, Bank card (Visa/MC), Cryptocurrencies |
Withdrawal methods | Neteller, Payeer, Perfect Money, Ripple, VLOAD, Webmoney, Bank card (Visa/MC), Cryptocurrencies |
Number of assets | 330+ |
Types of assets | Currency pairsMore than 50 pairs are available. CFDS&P 500, DAX 30, CAC 40, Nasdaq 100 and others. CryptocurrencyBitcoin, Litecoin, Ethereum, etc. StocksGoogle, Facebook, Apple, Amazon and others. Energy CarriersWTI and BRENT. MetalsGold and silver. |
Account Currencies | EUR, USD, Cryptocurrency, GBP, JPY, CHF |
Expiration | From 60 seconds to 48 hours |
Mobile apps | |
Weekend trading | Yes |
Tournaments/competitions | Contests on real and demo accounts |
Trader training | Webinars, distance learning, authoring courses, etc. |
Affiliate Program | RegistrationReward from each transaction of a referred client - $15 per transaction and 50% from it |
Advantages | A wide range of deposit and withdrawal options Minimum deposit 10 dollars Fast withdrawal of funds Operational support service Good protection of accounts with double verification |
Disadvantages | Rare technical failures |
Company requisites | Legal name: GrandCapital Ltd. Legal address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines |
Date of update | August 15, 2024 |
Overall assessment | 8.9/10 |
Is Grand Capital a Scam? Complete Review and Real Customer Feedback
Contents
The company Grand Capital started operating in 2006. Over time, it has expanded its operations to encompass 44 regional offices across Europe, Asia, and Africa.
Grand Capital strikes a balance between traditional, time-tested strategies and innovative solutions. Today, the company offers a range of trading options, including Forex trading, binary options, CFDs, and investment portfolios comprising up to 330 assets from stock and commodities markets. Grand Capital is recognized as a reputable broker, actively participating in major Forex industry exhibitions and receiving awards from the professional community.
Trading accounts of Grand Capital are protected by two-factor verification. There are 5 types of trading accounts available to the company’s clients:
- A micro account with minimum deposit.
- A standard account with a wide choice of trading instruments.
- An option accounts for binary options.
- An ECN account for scalping and automatic systems.
- A Swap Free account for trading without swaps.
The company’s clients use MetaTrader-4 and WebTrader for trading. They also use a mobile application.
Regulation of the Broker
Since 2016, Grand Capital has been a proud member of FinaCom (The Financial Commission). FinaCom is an independent regulator in Forex trading (check regulator).
Participating in Finacom, Grand Capital ensures that every client is eligible for coverage of up to €20,000 from the Compensation Fund. With a track record of resolving over 100 disputes, Grand Capital continues to prioritize the satisfaction and security of its clientele.
Replenishment and Withdrawal of Funds
When depositing funds into your trading account with this company, you can utilize various methods such as bank transfers, popular electronic payment systems, internet banks, etc. Withdrawals of earnings typically take just one day to process. The size of the commission depends on the selected operator.
Complaints About Grand Capital
Grand Capital has been on the market for a long time, so you can find many reviews about the broker online. We have thoroughly analyzed the feedback and come up with the following conclusions. In most cases, traders appreciate the terms of execution of orders, withdrawal of funds, and the trading process.
As for negative reviews, they can be responses from non-existent clients because their authors ignore the questions of the company’s representatives. Fortunately, Grand Capital rapidly reacts to the claims, responds to negative comments, and understands the client’s problems.
Is Grand Capital a Scam?
Grand Capital has been working in the brokerage market for 10 years, and every year the company increases its trading volumes. Indeed, this fact speaks in favor of the broker reliability. The activities of Grand Capital are regulated by FinaCom.
Bonuses
Grand Capital has developed an extensive bonus program for its customers. The most popular bonuses of the company include a no-deposit bonus of $500 for beginners, a bonus of 40% for any replenishment, bonus compensation for an unsuccessful trading day, and rewards for inviting friends.
Summary
When dealing with Grand Capital, you can trade in various currency pairs, metals, indices, CFDs, and shares of various companies. In addition to traditional assets such as USD and EUR, you can also open a trading account in Swiss francs, British pounds, and Japanese yen. Those who prefer commodities can opt for gold, silver, palladium, and platinum.
Grand Capital offers its clients high-quality investment services. For example, it’s possible to copy transactions of successful LAMM traders, as well as investment portfolios. This move will help to minimize risks in your trading.
Deposits with the broker start at $10. The maximum leverage is 1:2000. The broker allows using trading robots and advisers. The withdrawal of funds from the broker occurs without delay. Grand Capital hosts four regular competitions, three of which are related to demo accounts.
Conclusion
Grand Capital is a stable broker. Among the key advantages, we should mention a wide selection of trading tools, a flexible premium program, compelling investment services, prompt withdrawal of funds, and the high reliability of the brand (the company has been operating in the market since 2006).
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