Grand Capital Review 2024


3.9 / 5
Grand Capital is #7 in our binary options broker rankings.

Grand Capital is a good broker for traders familiar with MetaTrader plus passive investors interested in copy trading and LAMM solutions. On the downside, the broker's regulatory credentials lag behind competitors.

- Daytrading Review Team

Grand Capital is a MetaTrader broker with welcome bonuses, trading competitions and an intuitive copy trading service. Several account types and 400+ assets provide trading opportunities for various types of investors and strategies. New users can also open an account and start trading in a matter of minutes.

$10
MT4, MT5
CFDs, Forex, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options
40% deposit bonus
USD, EUR, GBP, JPY, CHF, RUB
Wire Transfer, Neteller, FasaPay, Perfect Money, Western Union, RBK Money, ADVcash, PayRedeem, Debit Card, Credit Card, AstroPay, Paytrust, Bitcoin Payments, Ethereum Payments

Binary Options Trading

Trade high-low binary options contracts on currencies, metals and cryptos with high payouts. Binaries offer a straightforward bet on the short-term direction of an asset.

Forex Trading

Trade 50+ forex pairs via the MetaTrader 4 and MetaTrader 5 platforms with leverage up to 1:500, immediate execution, deep liquidity and tight spreads.

Stock Trading

Trade CFDs on some of the largest stocks in the US and EU including big brands like Microsoft and Google. In total, 70+ global stock CFDs are available with leverage up to 1:5.

CFD Trading

Trade 400+ CFDs on forex, stocks, commodities, indices and cryptocurrencies with the choice of commission-free or raw-spread accounts with transparent fees. Speculate on rising and falling prices with no hidden charges.

Crypto Trading

Trade 60+ cryptocurrencies in CFD pairs with USD, AUD, CHF, EUR, GBP and more, and access leverage up to 1:10. Crypto traders will pay a 0.5% commission.

Copy Trading

GC Invest allows clients to mirror the strategies of profitable traders with a $100 deposit. Commissions range from 0% to 70% and traders can track returns in real-time.

✓ Pros

  • Full range of investments including dedicated GC Option brand for binaries
  • Wide selection of payment methods and account currencies
  • Six accounts to suit different trading styles and strategies
  • Accessible minimum deposit starting from $10
  • Demo competitions with cash prizes
  • GC Invest platform for copy trading
  • Fast and easy account opening
  • Micro account for beginners
  • High leverage up to 1:500

✗ Cons

  • Limited regulatory oversight
  • High spreads on some assets
  • Basic education and market research

Grand Capital is a forex and CFD broker with MetaTrader 4 and MetaTrader 5 integration. New traders can claim a welcome bonus upon sign-up and also access the firm’s copy trading platform. This review of Grand Capital examines the benefits and risks of opening an account, from tradable instruments to fees, leverage and regulations.

Assets & Markets

Grand Capital offers a reasonable selection of 400+ assets spanning popular markets, from stocks and forex to commodities and cryptocurrencies.

While not the longest list of trading products, the group also offers binary options and runs a separate website dedicated to this product, GC Option. This straightforward instrument is available on 30+ assets including currency pairs, futures, and metals. The brand offers call and put options in addition to early closure. We also liked the high payouts of over 85% on the firm’s binaries.

Popular instruments at Grand Capital include:

Trading Accounts

We liked the choice of account types that offer different assets and fee structures. This means traders of different experience levels with various strategies can find a suitable setup.

Traders can create MT5, Standard, Swap Free, Micro, Crypto, or ECN Prime accounts:

Your preferred account will ultimately depend on your experience, deposit amount and strategy:

How To Open A Grand Capital Account

I found it quick and easy to open a live account. I was set up and ready to trade in a few minutes.

  1. Fill out the application form with your name, phone number and email address
  2. Confirm you are over 18 years old and click ‘Registration’
  3. Login credentials will be sent to the submitted email address
  4. Sign in to the Private Office to start trading

Opening an account on Grand Capital

Trading Fees

Grand Capital falls short in terms of fees, with wider than average spreads.

For the tightest spreads, I would recommend the MT5, ECN Prime or Crypto accounts, which start at 0.4 pips. Unfortunately spreads on the other profiles start at 1 pip which is fairly high.

Grand Capital also charges a commission on many trades, although we like that trades on the Micro account are commission-free.

On a lighter note, there are no inactivity fees which is a plus over alternatives. Overall though, our review has to flag that Grand Capital is a relatively expensive broker.

Grand Capital Payment Methods

Deposits

When we used Grand Capital, we were impressed with the selection of accessible payment solutions, which are available to traders from all over the world. The broker accepts funding via bank transfer, electronic payment systems such as Fasapay, and local transfer agents. Support for crypto payments, including Bitcoin, will also be welcomed by some traders.

The minimum deposit to open an account is low at $10 for the Micro account, making it good for beginners. The ECN Prime account has a minimum of $500 and other accounts require $100. Again, these are all accessible and rival competitors.

On the negative side, processing times are up to five days, although the majority of agents are commission-free as Grand Capital compensates for the fee.

Withdrawals

We don’t have any withdrawal issues to report. The minimum withdrawal clients can make is reasonable at $10. Requests are also generally processed within 3 working days, though bank transfer transactions can take up to 5 working days, which is in line with alternatives.

Many of the same transfer options are available, but most of the agents have an associated commission charge.

It is also worth noting that Grand Capital has put in place verification rules in which clients depositing with a bank card must provide colour photos of the card, and their documents such as ID or passport.

Trading Platforms

Our team was pleased with the reliable trading platforms available, including the industry-leading MetaTrader 4 and MetaTrader 5 software.

MetaTrader 4

MetaTrader 4 is a widely popular platform that traders can download on Windows or macOS. It has market-leading technical and analytical capabilities but remains user-friendly for the novice trader. Among my top features are:

MetaTrader 5

Clients can also use MetaTrader 5, a powerful updated platform that supports an even wider range of tools and analysis features. I would recommend MT5 for advanced traders as it offers over 80 technical indicators. Other upgrades include:

WebTrader

Grand Capital’s MT4 and MT5 servers can also be accessed on any browser and operating system using the WebTrader online platform. I would start with this if you are a beginner and comfortable with a basic trading environment.

Web trading offers all the functionality of the native programs without the hurdles of software downloads or system compatibility, and data is safeguarded using encryption.

Grand Capital web trader platform
WebTrader

Mobile Apps

While using Grand Capital, we were reassured to find a choice of mobile apps to facilitate investing on the move:

Leverage

Grand Capital is a good pick if you want high leverage. The downside of high leverage is potentially larger losses but it can significantly amplify purchasing power and potential gains.

Importantly, leverage levels vary depending on your account:

Demo Account

Our team was pleased to find a range of demo accounts to reflect the range of live accounts. Clients can open Standard, MT5, and ECN accounts as demo versions. The binary options offering is also available as a demo profile and all simulators have $10,000 in virtual funds.

Another bonus for us was that Grand Capital runs demo trading contests with a 500 USD reward. This is a great way to test your skills against other traders while learning in a risk-free environment.

Grand Capital Bonuses

Grand Capital outperforms many competitors in terms of the selection and frequency of promotions.

The brokerage offers a trading bonus in which traders receive 40% of their initial deposit. Note that to claim the server bonus, you must be actively trading to receive $3 for each lot closed. However, the cash bonus can be withdrawn.

The Payback loyalty program is also a good way to get fee rebates. You can earn cashback after trading for five days straight and the rewards can be withdrawn without restrictions.

Our review was pleased to see these bonus incentives offered, alongside a trading contest. With that said, we do recommend checking terms and conditions for any usage and withdrawal restrictions, especially with no deposit bonus deals.

Regulation

Our major criticism of Grand Capital is that it is not regulated by a major financial institution. This is a drawback vs brands that are authorized by the FCA or CySEC, for example.

However, clients are eligible for compensation up to $20,000 as the broker is a member of the Financial Commission. This broker is also a member of Serenity, which guarantees the security of client funds and provides dispute resolution should there be scams or other concerns.

Grand Capital License

Overall this broker appears to be trustworthy despite the lack of robust regulatory oversight.

Additional Features

We were impressed with the selection of extra tools and services available. These are a great way to bolster the trading experience and can suit both beginners and seasoned investors.

Grand Capital offers LAMM, a copy trading service that clients can utilize to increase profits. Managers are traders that make their trades available for other clients to copy, and Investors pay Managers a fee to use these trades and potentially improve their takings. The best part is that trades are completed automatically and Investors can set a copying ratio to modulate risk.

Grand Capital LAMM managers
LAMM Leaderboard

The official website also has a company news section, plus an economic calendar and a forex trading calculator.

The broker also has a channel on Telegram which puts out daily market news and analysis. This is a great way to keep on top of market updates, though the quality of the insights does not match some competitors.

Grand Capital market calendar
Economic Calendar

Customer Support

We had no issues with the customer service provided by Grand Capital. Support staff are fairly quick to respond and can assist with account and payment queries.

You can contact customer service using the following channels:

A chat service is hosted on the broker’s website and clients can also request a callback. Grand Capital also has some regional YouTube channels.

Company Details

The Grand Capital Group comprises two companies, both named Grand Capital Ltd, based in St Vincent and the Grenadines and the Seychelles.

The brokerage serves several regions and has over 40 locations globally, a number of which are in Russia. The broker has also opened a data centre in Hong Kong and has a strong presence in Asia including offices in Myanmar, India, Malaysia, and Indonesia. The group also has opened offices in Nigeria, Namibia, Kenya, and South Africa.

Security & Safety

Grand Capital offers several reliable security measures. Our experts found that the broker ensures that client funds are protected across all transactions and that personal data is not unreasonably disclosed to other parties.

MT4 and MT5 are also well-known for their strong security protocols.

Trading Hours

The Grand Capital site is open to traders 24/7. Clients can execute orders when the market is open for their asset of interest, and this depends on the region and time zone. With that said, cryptos can be traded around the clock including on the weekend.

Grand Capital Verdict

Grand Capital is a global broker that offers a decent range of assets, including binaries at GC Option. The choice of account types is a plus, allowing users to find a profile that suits their investment style and strategy. A low deposit, demo account and copy trading will also be welcomed by beginners.

Our only major issue is the lack of top-tier regulatory oversight, which prevents us from giving the firm a higher trust score.

FAQs

Is Grand Capital A Good Broker?

Grand Capital appears to be a legitimate online broker and not a scam. Generous welcome bonuses and an accessible deposit mean you can start trading in a few minutes. There are also over 400 instruments and access to industry-favorite platforms MetaTrader 4 and MetaTrader 5.

Is Grand Capital Trustworthy?

Grand Capital is not regulated by a well-regarded financial authority, which is a noticeable downside. However, it does offer compensation schemes and dispute resolution services through its membership with the Financial Commission and Serenity mediatory bodies.

Does Grand Capital Offer Mobile Trading?

The broker has MT4 and MT5 integration, which are offered as mobile apps. It also provides its own brand mobile apps Grand Capital Binary and Grand Capital Invest, for trading and account management respectively.

Does Grand Capital Have Promotional Offers?

Yes, Grand Capital routinely advertises deposit and no deposit bonuses. It also runs contests including on demo accounts where no deposit is required. This is good news for beginners in particular, who can improve their skills in a low-risk setting.

Can I Open A Grand Capital Demo Account?

Demo accounts are available with this broker for three live account types, plus binary options trading. Prospective clients can practice on the markets with virtual funds. You can sign up for a simulator account in a few minutes on the broker’s website.

Top 3 Alternatives to Grand Capital

Compare Grand Capital with the top 3 similar brokers that accept traders from your location.

  1. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex
  2. Dukascopy – Dukascopy is an online broker operated by a Swiss-regulated banking group. It offers a good selection of 500+ markets, with forex, stocks, gold, ETFs, indices, bonds and cryptocurrencies available. It also offers flexible trading opportunities through the choice of CFDs or binary options. Traders will use MetaTrader 4 or a proprietary platform that is well-suited to automated trading.
    Go to Dukascopy
  3. Videforex – Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
    Go to Videforex

Grand Capital Comparison Table

Compare Grand Capital With Similar Brokers
Grand Capital World Forex Dukascopy Videforex
Rating 3.9 4 3.6 3.4
Markets CFDs, Forex, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $1 $100 $250
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots $0.01
Regulators FinaCom SVGFSA FINMA, FCMC, JFSA
Bonus 40% deposit bonus 100% Deposit Bonus 10% Equity Bonus 20% to 200% Deposit Bonus
Education No No Yes No
Platforms MT4, MT5 MT4, MT5 MT4, AlgoTrader TradingView
Leverage 1:500 1:1000 1:200 1:500
Payment Methods 14 10 11 8
Visit Visit Visit Visit Visit
Review World Forex
Review
Dukascopy
Review
Videforex
Review

Compare Trading Instruments

Compare the markets and instruments offered by Grand Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Grand Capital Trading Instruments
Grand Capital World Forex Dukascopy Videforex
Binary Options Yes Yes Yes Yes
Expiry Times 1 minute – 48 hours 1 minute – 7 days 3 minutes – 1 day 5 seconds – 1 month
Ladder Options No No No No
Boundary Options No No No No
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes No Yes
Copper Yes No Yes Yes
Silver Yes Yes No No
Corn Yes No No No
Crypto Yes Yes Yes Yes
Futures No No No Yes
Options No No No No
ETFs Yes No Yes No
Bonds Yes No Yes No
Warrants No No No No
Spreadbetting No No No No
Volatility Index Yes No No No

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Grand Capital is a MetaTrader broker with welcome bonuses, trading competitions and an intuitive copy trading service. Several account types and 400+ assets provide trading opportunities for various types of investors and strategies. New users can also open an account and start trading in a matter of minutes.

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