Grand Capital Review 2023

3.9
/ 5
Grand Capital is #21 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.

- 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.


Trusted

Demo Account

Copy Trading

MetaTrader 4
$10
MT4, MT5
CFDs, Forex, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options
40% deposit bonus
USD, EUR, GBP, JPY, CHF, RUB
Wire Transfer, Neteller, Debit Card, Credit Card, Bitcoin Payments
and 9 more

Binary 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 a decent range of currencies on the powerful MT4 and MT5 platforms with no hidden fees.

Stocks Trading

Trade CFDs on some of the largest stocks in the US and EU including big brands like Microsoft and Google.

CFD Trading

400+ CFDs are available on popular financial markets allowing users to speculate on rising and falling prices with transparent fees.

Crypto Trading

Trade digital currencies on a dedicated crypto account with up to 1:5 leverage and 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.

Accepted Countries

Grand Capital accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Grand Capital from United States, Japan.

Payment Methods

Grand Capital Details

Minimum Trade 0.01 lots
Regulated By FinaCom
Account Types
  • ECN
  • LAMM
Islamic Account Yes
Mobile Apps Yes
Margin Trading Yes
Volatility Index Yes
Spot Trading Yes
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions Yes
Managed Accounts No
Market Maker No
Auto Trading Yes
Social Trading Yes
Trade Signals Yes
Inactivity Fee $0
Guaranteed Stop Loss No
Stock Exchanges
  • Australian Securities Exchange
  • CAC 40 Index France
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gold
  • Natural Gas
  • Oil
  • Orange Juice
  • Palladium
  • Platinum
  • Silver
  • Soybeans
  • Sugar
  • Wheat

CFD Trading Details

FTSE Spread From 1 pip (Standard)
GBPUSD Spread From 1 pip (Standard)
Oil Spread From 1 pip (Standard)
Stocks Spread From 1 pip (Standard)
Leverage 1:500

Forex Trading Details

GBPUSD Spread From 1 pip (Standard)
EURUSD Spread From 1 pip (Standard)
EURGBP Spread From 1 pip (Standard)
Assets 50+

Cryptocurrency Trading Details

Crypto Spread From 0.4 pips
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BAT
  • BCH
  • BNB
  • BTC
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LTC
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • ZEC

Binary Options Trading Details

Payout Percent 86%
Expiry Times 1 minute – 48 hours
Ladder Options No
Boundary Options No

Compare Grand Capital

Compare Grand Capital with similar brokers that accept traders from your location. Among available brokers these are the most similar to Grand Capital:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

Grand Capital Comparison Table

Compare Grand Capital With Similar Brokers
Grand Capital OANDA Webull Forex.com
Rating 3.9 4.5 4.4 4.5
Markets CFDs, Forex, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $0 $0 $100
Minimum Trade 0.01 lots $0 $5 $1
Regulators FinaCom CFTC, NFA SEC, FINRA CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO
Bonus 40% deposit bonus $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4, MT5 MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:500 1:30 EU, 1:200 Global 1:200
Payment Methods 14 12 3 8
Visit Visit Visit Visit
Review Grand Capital
Review
OANDA
Review
Webull
Review
Forex.com
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 OANDA Webull Forex.com
Binary Options Yes No No No
Expiry Times 1 minute – 48 hours
Ladder Options No No No No
Boundary Options No No No No
CFD Yes No No Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes No Yes
Oil Yes No No Yes
Gold Yes Yes No Yes
Copper Yes Yes No No
Silver Yes Yes No Yes
Corn Yes Yes No No
Crypto Yes Yes Yes Yes
Futures No No No Yes
Options No No Yes Yes
ETFs Yes No Yes No
Bonds Yes Yes No No
Warrants No No No No
Spreadbetting No No No No
Volatility Index Yes No No No

Grand Capital vs Other Brokers

Compare Grand Capital with any other broker by selecting the other broker below.

Grand Capital vs

FAQ

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.

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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.