The GrandCapital project is presented as an international online broker providing services for trading and investing in the foreign exchange and derivatives markets since 2006. On the main page of the company’s website grandcapital.co.za, which is available in many languages including Russian, it is stated that the organization currently operates in the retail sector of financial markets and serves private clients from all over the world. It also provides a partner program for attracting and servicing clients, which helps to provide high-quality services in clients’ native languages in those countries where the company does not have an office.
The broker “Grand Capital” reports that it is registered in the territory of the Seychelles at the address: Office F2-2A, Second Floor, Oceanic House, Providence Estate, Mahe, Seychelles. Main office address: Office C4-R5, Xvision House, Providence Estate, Mahe, Seychelles. In a special section of the site, users can find links to registration documents issued by the Mwali International Services Authority (MISA) and The Financial Commission (FinaCom).
No information is provided about the creators and management of the company. In the “Contacts” section of the site, the main method of contact is published – the technical support email address.
The brokerage organization “GrandCapital” offers its users to enter into trading agreements with more than 500 trading instruments, such as:
Before starting cooperation with the broker, a potential client needs to go through the registration procedure, log into their personal account, choose the type of trading account that suits their requests and experience, and then make the appropriate deposit.
The Standard account offers a full list of investment instruments for trading, with an initial deposit of 100 USD, leverage up to 1:500. The Platform 5 account with a starting capital of 100 USD will allow its users to trade through the MetaTrader5 trading terminal. The Micro trading account provides 6 trading instruments, with a minimum contribution of 10 USD. ECN Prime, deposit – 500 USD, 222 trading instruments.
Swap Free is a special account for specific trading strategies, originally created for traders who cannot use swaps for religious reasons. However, this account will also be appreciated by traders using long-term strategies, as the absence of swaps means no additional costs when carrying a position over to the next day, deposit – 100 USD, more than 150 trading instruments.
Other details about trading accounts, such as commissions and margin call levels, can be found in a separate section of the site. The trading agent offers three types of demo accounts.
The broker “Grand Capital” provides its clients with the ability to trade using various trading platforms, depending on the chosen type of account. MetaTrader4, MetaTrader5, available on both stationary devices and mobile. The broker’s trading terminal is a web platform available in the browser.
The trading intermediary “GrandCapital” does not disclose details about methods of depositing and withdrawing funds. Any details can be obtained after authorization in the Grand Capital personal account.
The brokerage company GrandCapital will find it difficult to occupy leading positions in the broker ratings due to the lack of information about methods of depositing and withdrawing money. Potential clients may be further deterred by the limited support methods. Before starting work with such a broker, it is worth studying data from market specialists and checking real reviews about Grand Capital from clients of the trading terminal.
Grand Capital is a typical example of scam brokers. After depositing money, an illusion of trading is created to make a trusting person deposit more money. If you try to withdraw money, some problems and errors start occurring, and technical support tries to feed you more lies. So I do not recommend this company.
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