Grand Capital
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Open an accountBroker Grand Capital (pronounced “Grand Capital”) was founded in 2006 and has been providing a full range of brokerage services ever since. The company offers opportunities for trading cryptocurrencies and futures. One of the first advantages of Grand Capital was providing direct access to the largest liquidity aggregator – ECN-system Currenex. Traders’ funds are insured by the Financial Commission, which guarantees payment of up to 20,000 euros to each client.
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Account currency
USD (on separate accounts 8 currencies, 4 metals)
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Minimum deposit
From USD 10-500. From USD 10-500 (depending on the type of account)
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Leverage
Up to 1:100 / 1:1000 (depending on account type), 1:3 - for cryptocurrencies
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Spread
0.4-1.0 points
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Instruments
Currencies, stock and commodity market assets, cryptocurrencies
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Margin call / Stop out
100% / 40–80%
Pros
- Direct access to Currenex: This provides better order execution speed on ECN accounts and relatively low spreads, which is beneficial for traders.
- Segregated accounts and insurance fund: Client funds are kept in segregated accounts, which increases their security. Each client is insured up to €20,000 through the Financial Commission.
- Passive investment platforms: Grand Capital offers various passive investment platforms, which makes it attractive for investors who prefer inactive methods of earning money.
Minuses
- Offshore regulation: The company is regulated offshore, which can raise questions among clients about reliability and transparency.
- Account Commissions: Almost all account types charge a commission, which can increase trading costs for traders.
- Withdrawal Fee: There is a fee for withdrawals, which can be inconvenient for customers.
- No demo account for cryptocurrencies: There is no option to open a demo account for trading cryptocurrencies, which limits the ability to learn and test strategies.
- Limited choice of trading platforms: Clients have access to a limited number of trading platforms, which may not meet all traders' needs.
- Support service speed: There are issues with the speed of the help desk, which can negatively affect customer satisfaction.
Customer geography
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Brazil11.89%
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Russia6.2%
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Côte d'Ivoire4.35%
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Benin2.52%
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Oman2.29%
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Thailand2.18%
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Morocco1.35%
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Iran1.28%
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Pakistan1.14%
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Ukraine0.88%
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Others43.92%
Expert evaluation
Grand Capital is a broker that relies on innovative data transfer technologies and the latest instrumental developments. The broker openly indicates its liquidity providers – Currenex and Swissquote, which confirms the use of ECN-technologies for order output to the interbank market. This allows providing high speed of order execution and competitive spreads.
One of the unique offers of Grand Capital is a separate account for trading cryptocurrencies and Serenity investor funds and data protection technology based on blockchain. This provides an additional level of security for traders.
Grand Capital also provides trade copying services, which makes it attractive to traders looking for passive investment opportunities.
However, Grand Capital has some disadvantages as well. In particular, high commissions for servicing ECN-accounts and withdrawal of funds may be inconvenient for some traders. It should also be noted the limited choice of trading platforms and possible delays in the work of the support service.
Despite these shortcomings, Grand Capital deserves attention. Long-term partnership with MOFT and the use of advanced technologies make it a worthy candidate for testing opportunities on a demo account. The company holds a confident position in the middle segment of the brokers’ rating, providing a wide range of services and reliable conditions for trading.
Analysis
Ribeit
Grand Capital broker is known in the market for one of the best spreads, which can be significantly reduced using the MOFT rebate service. To get started, register on the MOFT website in a few minutes (the process takes up to 10 minutes), then follow the affiliate link to the Grand Capital website and open a live account. You will receive monthly partial spread compensation for each closed trade, regardless of its outcome, directly to your MOFT personal account balance.
Compensation details
For trading Forex assets, the compensation amount is 30% of the spread. Out of this amount, the trader receives 80% as a rebate.
Calculation example
Suppose you trade EUR/USD with the volume of 0.5 lots per day. For 20 working days of the month the turnover will be 10 lots. At 4-digit quotes the cost of a pip is equal to 10 US dollars. Thus, with a spread of 1 pip the trader’s costs will amount to 100 USD. Grand Capital returns USD 30 to MOFT, which is 30% of the accrued spread. The rebate for the trader will be 24 USD (30 USD * 80%), and the trader’s real costs will be reduced to 76 USD.
Try this opportunity – you will appreciate its advantages!
Trading conditions
Grand Capital offers a variety of trading conditions that meet the needs of all categories of traders. The broker offers cryptocurrency accounts, accounts for algorithmic trading, as well as accounts with low initial deposit and a wide range of leverage from 1:10 to 1:1000. The broker also offers a trade copying service, which makes it attractive for beginners and experienced traders.
Variety of financial instruments and services
Grand Capital offers ready-made investment portfolios including more than 300 financial instruments and six types of affiliate programs. ECN, MT5 and Crypto accounts allow trading with spreads starting from 0.4 pips, while on standard and cent accounts spreads start from 1 pip. For the convenience of traders, the broker provides high speed order processing, online quotes and a convenient trading calculator.
Privileges for VIP clients and convenience for beginners
Grand Capital clients who deposit $50,000 or more automatically receive VIP status. This entails improved trading conditions and priority service. For beginners in the Forex market, as well as for those who want to test the broker’s conditions, the Micro cent account is ideal. There is also a Swap Free account for Muslim clients, which excludes swap charges for moving positions to the next day.
Compensation of commissions for deposit
Grand Capital compensates its clients for the commissions of payment systems for deposit, providing additional convenience and saving traders’ money.
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Trading platform
MT4, MT5, web terminal
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Accounts
Demo, ECN Prime, Crypto, Standard, MT5, Micro
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Account currency
USD (on separate accounts 8 currencies, 4 metals)
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Deposit/withdrawal
WebMoney, Payeer, QIWI, Neteller, YooMoney, Vload, Visa, Mastercard, Bitcoin, Ethereum, Ripple, Tether
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Minimum deposit
From USD 10-500. From USD 10-500 (depending on the type of account)
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Leverage
Up to 1:100 / 1:1000 (depending on account type), 1:3 - for cryptocurrencies
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PAMM accounts
no
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Minimum order
0.01 (0.1 for Micro count)
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Spread
0.4-1.0 points
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Instruments
Currencies, stock and commodity market assets, cryptocurrencies
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Margin call / Stop out
100% / 40–80%
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Liquidity provider
Currenex, Swissquote
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Mobile trading
yes
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Affiliate program
yes
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Order execution
Instant Execution, Market Execution
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Trading features
There's cryptocurrency trading, there's Islamic accounts
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Contests and bonuses
yes
Commissions
MOFT analysts conducted a thorough analysis of the offer and basic trading conditions of Grand Capital broker in order to identify the presence of explicit and hidden commissions. The results of the analysis showed that there are no hidden commissions, which is a positive aspect for traders seeking transparency in trading.
Explicit Commissions
However, the following explicit commissions have been identified and are worth looking out for:
- ECN account fees : These fees range from 5 to 15 USD per 1 lot or 0.5% of the transaction amount, which should be taken into account when choosing this type of account.
- Withdrawal Fees : Although there are no deposit fees, withdrawal fees range from 0.5% to 0.6%. This is important to consider when planning financial transactions.
- Swaps: You should also consider the existence of rollover fees, known as swaps.
This analysis provides traders with the necessary information to make a more informed choice of a trading account with Grand Capital, helping to identify the potential costs associated with different types of transactions. This approach contributes to a more efficient and cost-effective management of trading funds.
Broker Overview
Grand Capital has established itself as one of the leaders in the European and CIS markets by providing direct access to ECN systems. This provides clients with excellent order execution speed and competitive narrow spreads. The company was one of the first to offer cryptocurrency trading and has strengthened data protection and dispute resolution thanks to blockchain technology. Each client can also expect payments from the compensation fund in case of force majeure, up to 20 thousand euros per person.
Trading platforms and services of Grand Capital
Grand Capital successfully combines active and passive trading platforms, including innovative services for copying trades. The company offers a variety of trading platforms, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing access to a wide range of trading instruments. The MT5 account is designed for professional algorithmic trading with access to price stack and market volumes, while MT4 is available on all accounts, including cryptocurrency accounts.
Additional services of Grand Capital
- Economic Calendar and Online Quotes
- Various trading calculators
- No trading restrictions
Account types and terms
Grand Capital offers a variety of accounts including:
- Micro: A cent account with a minimum deposit of USD 10. It is ideal for beginner traders. Leverage up to 1:500, spread from 1 pip.
- Standard: Classic account for intraday and long-term trading with a minimum deposit of USD 100. MT5: For professional trading with a more advanced version of the platform.
- MT5: For professional trading with a more advanced version of the platform, deposit from USD 100. MT5: FOR PROFESSIONAL TRADING WITH A MORE ADVANCED VERSION OF THE PLATFORM, DEPOSIT FROM USD 100.
- ECN Prime: Professional account with instant execution of orders, spread from 0.4 pips.
- Crypto: Specialized account for trading cryptocurrencies.
Demo versions are available for all ECN, MT5, Standard accounts, which allows you to familiarize yourself with the functionality without risks.
Grand Capital bonuses and privileges
- Commission-free replenishment: Refund of payment systems commission for replenishment of the account.
- Payback: Daily refund from 3.5 to 5.5 dollars per lot.
- Bonus +40%: For each deposit.
- VIP-conditions: For clients with a deposit of 50 thousand dollars and more.
- 50% discount on author’s courses to improve trading skills.
Grand Capital continues to be a reliable choice for traders of all levels, offering flexible trading conditions and a wide range of instruments.
Advantages
- Insurance fund: Grand Capital provides additional protection to its clients through an insurance fund, which guarantees payments of up to 20 thousand euros per trader in case of force majeure. This provides an additional level of security and confidence in investing.
- Own platform for copying trades: The broker has developed its own platform for copying trades, allowing traders to easily and efficiently copy strategies of successful market participants. This service is especially valuable for novice traders seeking to speed up the learning process and increase their chances of success.
- High speed of order processing and tight spreads: Grand Capital is known for its high speed of order execution and competitive tight spreads. This provides traders with excellent trading conditions, minimizing costs and improving the potential profitability of operations.
Grand Capital personal account overview
How to open an account with Grand Capital broker
Opening an account with Grand Capital broker is a simple process that can be accomplished in a few steps:
Step 1: Account Registration
To begin, go to the main page of the Grand Capital website and click on the “Open an account” button. This button can also be found in other sections of the site, such as “Trading Conditions” and “Account Types”.
Step 2: Authorization and data entry
The registration process requires your first name, last name, phone number and email address. No email confirmation is required when registering a demo account, but verification is required to activate a live account.
Step 3: Verification and personal account setup
After logging into your personal account, you will be able to:
- Complete and verify personal information: This includes confirming your identity and address, which is necessary to fully utilize all account features.
- Manage and view your accounts: In myAlpari, statistics on all active and archived accounts, including passive investment accounts, are available.
Additional functions in myAlpari
The following convenient functions are also available in myAlpari:
- Launch Web Terminal: Allows you to trade directly from your browser without the need to download additional software.
- View affiliate program statistics: Manage your affiliate programs and track their effectiveness.
- Promotions and bonuses management: Monitor and utilize current promotions and bonuses offered by Grand Capital.
Opening an account with Grand Capital gives traders access to a wide range of trading instruments and improved investment opportunities in global financial markets.
Answers to questions
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How can I open an account with Grand Capital
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What types of accounts does Grand Capital offer
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What deposit methods are available in Grand Capital
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What commissions does Grand Capital charge
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How can I get VIP status and what benefits does it provide
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What security measures does Grand Capital provide to protect clients' funds and data
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How can I contact the Grand Capital support team