No deposit bonus $500
Grand Capital is an online trading service provider who has been around for more than 12 years so far. First established in 2006, they are originally Russian-based brokerage. Their headquarters is situated in Saint-Petersburg. Their registration address, however, is Mahe, Seychelles. Although the firm is not regulated by any respectful regulatory body, they hold the license from the Financial Commission (FinaCom) which is located in Hong Kong.
Deposits and Withdrawals
In order to open the account with them, you are only required to deposit 10 USD – the minimum which is required for the Micro account. You can fund your account with RUB, USD, EUR, ZAR. Even cryptocurrencies are accepted, such as Bitcoin and Ethereum. As for payment methods, you can deposit via all major credit/debit cards, no commission is charged for all accounts except ECN and Crypto. Wire transfer (takes 3-5 days to arrive), Skrill, Neteller, Webmoney, and Yandex are also available. Withdrawal options are linked to the payment method which you used. Wire transfer withdrawals take 3-5 days to arrive in your bank account, credit/debit card withdrawals are processed within 3 business days. Electronic methods take the same amount of time (3 business days). There is 2% + 10 USD commission for card withdrawals.
There are 6 different account types available here for all types of traders. Micro account starting from 10 USD (perfectly suited for novice traders), Standart account starting from 100 USD (offers around 330 trading instruments), Crypto account (minimum deposit 1000 USD, more than 18 cryptocurrency pairs), Binary account (for Binary options trading), ECN account (minimum starts at 500 USD, for experienced traders), and Islamic Swap-free account (100 USD minimum requirement). Like most brokers, the firm offers MetaTrader 4, which is known to be fully customizable for, as it seems, any trading condition. It is offered as a desktop, web, and mobile version.
Around 330 different instruments are offered to traders (depends on the account type you chose). Among them are Forex, Stocks, Precious Metals, Options, Energies, Indices, and cryptocurrencies (Ethereum, Bitcoin, Litecoin, Dashcoin and more). The company’s spreads are floating and fully depend on account type that you chose. Typical spreads on ECN account, amount to 1.2 pips on EUR/USD, however, if we add the commission of 5 USD per lot, it will make for around 2.2pips. Commission-free accounts go with 2.2 pips on EUR/USD pair.
Despite being non-reliable in terms of its regulatory status and the country it is based in, Grand Capital has a rich history of successfully operating on the market since 2006. It has never blackmailed its reputation and thus, can be considered a reliable choice.
Broker Grand Capital Website URL https://grandcapital.net/ Founded 2006 Headquarters Russia, Saint-Petersburg Support Number No Trading Platform MetaTrader 4| Web-trader Minimum 1st Deposit $50 Minimum Trade Amount 0.01 Bonus No deposit bonus $500 Leverage 500 Spread 0.0001 Free Demo Account Open Demo Regulation CRFIN, KROUFR Number of Assets 1000+ US Traders Allowed Hours Yes Mini Account 10 PAMM Yes *** Auto Trading Yes Trusted Managment Yes Affiliate Program: Yes Expert advisors: Yes Free Education: Yes Other Instruments 330 financial instruments (Forex, Stocks, Options, Futures, Metals, Energies, Indices), Bitcoin Decimals 5 Overall Score 0.2