Reviews
Finacom
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Energies
- Cent accounts with a minimum deposit of $10;
- Investment solutions include CopyTrading and individual portfolios;
- Leverage up to 1:1000.
- Membership in The Financial Commission and its compensation fund;
- Deposit bonuses and rebate program for active traders.
- The minimum deposit on МТ5, Standard and Crypto accounts is $100, ECN Prime account – $500;
- Oil of WTI and Brent brands is the only available commodity;
- Spreads on ECN accounts is from 0.4 pips.
What is GrandCapital? Review of Grand Capital
Overview
Launched in 2016, Grand Capital is the brand name of Grand Capital Ltd., a company located in Mahe, Seychelles.
More than 15 market activities and developments, enough for Grand Capital broker to gain the trust of more than 750,000 clients, receive 18 awards from the professional community, including Best Forex Broker, Broker Best ECN, Best Trading Technology and Special Award for Stability in Forex. This is a solid proof of reliable operation and one of the best indicators of confidence for traders. So is Grand Capital safe for traders to trade? Is Grand Capital floor a scam ? Stay tuned for more content below!
Trading products of Grand Capital exchange
Grand Capital has an advantage that not all forex brokers can do that is providing a wide range of popular trading products on the market including: currencies, stocks, indices, energies, metals, cryptocurrencies, commodities.
- Forex: More than 50 forex currency pairs are available for you to trade, including majors, crosses and exotics.
- Metals: 4 products Gold, Silver, Platinum and Palladium
- Commodities: agricultural products with cocoa, coffee, orange juice, sugar, corn, wheat, etc.
- Energy : including US oil, UK oil, Gasoline, gas, etc.
- Indices: 12 stock indices such as S&P 500, DAX 30, CAC 40, Nasdaq 100 and others.
- Stocks: hundreds of stocks of major US and EU brands such as Google, Facebook, Apple, Amazon and others.
- Cryptocurrencies: Offers 13 most popular cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple… allowing traders to trade 24/7 with attractive leverage.
Trading platform
Grand Capita l is very “friendly” to investors when it offers up to 4 trading platforms. At Grand Capital, you can invest with 1 of 4 platforms including both popular and private. There are platforms: Grand Trader, MT4, MT5, WebTrader
Grand Trade | MT4 | MT5 | WebTrader | |
PC version | Is not | Mac, Windows | Mac, Windows | Web |
Mobile version | IOS, Android | IOS, Android | IOS, Android | Is not |
Web version | Is not | Have | Is not | Have |
Trading Account | Real StandardECN | Real StandardECNMT4 ClassicCent Account | MT5 Prime | Real StandardECNMT4 ClassicCent Account |
Spread | float | float | float | float |
Tools are available | Currencies, indices, metals, energies, cryptocurrencies, CFDs on US and Russian stocks, bonds, grains, etc. | Currencies, indices, metals, energies, cryptocurrencies, CFDs on US and Russian stocks, bonds, grains, etc. | Currencies, indices, metals, energies, cryptocurrencies, CFDs on US, European and Asian stocks. | Currencies, indices, metals, energies, cryptocurrencies, CFDs on US and Russian stocks, bonds, grains, etc. |
Algorithmic trading | Is not | Have | Have | Have |
Margin Call/Stop out ratio | 100/80 | 100/40 | 100/80 | 100/80 |
Transaction fee | -Currency: none -Indices: $15 per lot -Stocks: 0.1% of contract value -Cryptocurrencies: 0.5% of contract value |
-Currency: none – Indices: $15 per lot -Stocks: 0.1% -Cryptocurrencies: 0.5% of contract value |
-Currency: $5 per lot -Metal: $5 per lot -Indices: $15 per lot -Stocks: 0.1% of contract value – Cryptocurrencies: 0.5% of contract value |
-Currency: none – Indices: $15 per lot -Stocks: 0.1% -Cryptocurrencies: 0.5% of contract value |
Minimum deposit | $10 | $10 | $100 | $10 |
Create an account in the platform | Have | Is not | Is not | Is not |
Deposit/withdrawal in the platform | Have | Is not | Is not | Is not |
Analytics and news in the platform | Have | Is not | Is not | Is not |
Push notifications | Have | Is not | Is not | Is not |
Account Types
Grand Capital floor “treats” traders with 6 types of accounts for investors to choose from, meeting most trading needs at all levels of traders.
Real Standard | MT4 Classic | MT5 Prime | Micro | MT5 Crypto CFD | ECN Prime | |
Minimum deposit | 100$ | 100$ | 100$ | 10$ | 100$ | 500$ |
Spread | From 1 pips | From 1 pips | From 0.4 pips | From 1 pips | From 0.4 pips | From 0.4 pips |
Rose | Forex: $4–$10 Forex metals: $5 Indices CFDs: $30 Energy CFDs: $45 Metals CFDs: $50 Currency CFDs: $35 Bonds CFDs: $55 CFDs SOFTS, GRAINS, MEATS: $10 Shares CFDs: 0.10% |
Forex: $0CFD: $14 – $15 Stock CFDs: 0.1% CFD ETF: 0.1% |
Forex, Metals, Indices, Energy: $5 – $10 CFDs USA, EURO, Russia, Asia: 0.1% Cryptocurrencies: 0.5% CFD ETF: 0.1% |
0% | 0.5% | Forex, Metals, Energy: $5 Indices: $7 CFD ETF: 0.1% US Shares CFD: 0.1% EU Shares CFD: 0.1% |
Maximum leverage | From 1:1 to 1:500 | From 1:1 to 1:500 | From 1:1 to 1:100 | From 1:1 to 1:500 | 1:3 | From 1:1 to 1:100 |
All tools | >150 | 330 | >400 | 66 | 68 | 38 |
Currency | USD | USD, EUR, RUB, JPY, GBP, GOLD, mBTC, mETH | USD | 8 currencies,4 metals | USD | USD |
Minimum contract | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot |
Communication | MT4 | MT4 | MT5 | MT4 | MT4 | MT4 |
With the above 6 accounts at Grand Capital , which account will you choose to optimize profits? To choose the right account, you first need to determine the style and level of trading.
- For individual investors with small capital: Either the Micro account or the Standard account is really for you. With the minimum starting amount of Micro account is 10$ no commission and Standard account is 100$. You will enjoy favorable trading conditions or bonus programs that allow you to try and get familiar with the orders and methods of entry.
- For experienced investors: One can immediately think of MT4 Classic, MT5 Prime, 2 accounts with an acceptable deposit of $100, low spread from 0.4 pips for MT5 Prime account, especially if If you love advanced features and indicators from the MT5 platform, you definitely cannot ignore this account.
- For traders who prefer ECN trading: There is still an ECN Prime account available to meet your needs or if you are a “hard fan” of cryptocurrencies you can trade MT5 Crypto CFD to evaluate whether Go beyond what you would expect from a crypto account.
Leverage – Commission and Spread
Lever
Grand Capital applies the rate leverThe maximum depends on each type of trading account at the exchange. The maximum leverage is 1:500.
Commission
It depends on each trading product:
- Currency: commission free
- Indices: $15 per lot
- Shares: 0.1% of contract value
- Cryptocurrencies: 0.5% of contract value
Spread
Grand Capital applies the fee spread floating from 0.4 pips onwards
Deposits and Withdrawals
A wide range of withdrawal methods are offered by Grand Capital to futures traders such as Wire Transfer, Visa Card, MasterCard and e-wallets such as Skrill, Neteller, PAYEER, Perfect Money, FasaPay, WebMoney, OKPay, Moneta .Ru, RoutePay.
Recharge
Recharge time for methods will take about 15 minutes, e-wallets alone will take about 1 day and do not take any fees.
Withdraw money
Withdrawals will take about 3 days to process transactions for all payment gateways. Therefore, when you want to withdraw money, you should take advantage of withdrawing as soon as possible to receive the fastest money. In addition, Grand Capital customers who want to withdraw via card will incur a rather high withdrawal fee. If withdrawing by Visa, Mastercard , the fee is 2% of the withdrawal amount plus $ 10. Thus, with the somewhat “expensive” withdrawal fees, it can be seen that Grand Capital has not really done well in ensuring the lowest deposit and withdrawal costs for customers.
Conclusion
We have spent a lot of time evaluating Grand Capital floor. Although we have found some very great aspects of the Grand Capital platform that will be useful to some traders. Overall, our feeling is that you will be well served with the Grand Capital broker.
- Grand Capital has a good track record in providing forex trading, social trading, stock trading.
- Grand Capital has a history of more than 12 years.
- Grand Capital is regulated by the Financial Commission (FinaCom). This means that Grand Capital is subject to regulation by an authority that can hold a broker accountable for its inadequacies; or preferably act as an arbitrator in the event of a larger dispute.
- Grand Capital has regulation from a country with a tier 1 reputation.
- Grand Capital has the ability to receive deposits and withdrawals processed within 2 to 3 days. This is paramount when withdrawing at a broker.
These are the reasons we can conclude that Grand Capital could be the right choice for you – new traders or investors who want to test the market.
FAQ
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How to withdraw money at floor?
When trading at Grand Capital , you can make withdrawals through many different channels such as: bank balance, domestic transfer, electronic money.
To withdraw money, go to the “deposit/withdrawal” section of your account on the exchange's website and start withdrawing like a normal withdrawal. However, as mentioned above, withdrawal fees and processing times at Grand Capital are quite high and processing is slow.
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Does Grand Capital have a $500 bonus program?
Have. Grand Capital has an extra $500 bonus for new customers:
- In 7 days
- Subsequent transaction is possible only after deposit
- Profits can be withdrawn only after making the minimum trading volume
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Can I trade crypto on Saturday and Sunday?
Have. Grand Capital exchange allows investors to trade crypto products 24/7.
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How to get 40% deposit bonus?
To get the bonus you need to follow these steps:
- Make a deposit to the previously created account. Please note that only Standard accounts can participate in the program.
- Go to the “Promotions and Bonuses” section of your personal profile ( https://grandcapital.net/account/bonus ).
- Select a trading account to participate in the bonus program.
- Click the “Request Bonus” button.