Grand Capital Review first forex trading, crypto exchange platform 40% income - GREAT MONETIZE
Grand Capital full review |
Hello everyone all GREAT MONETIZE website visitors today we present full review for best forex trading and crypto exchange platform 2022 its Grand Capital company you can grow huge income forever 40% .
Overall, Grand Capital can be summarised as a credible and trustworthy broker and is considered low-risk with competitive trading fees and spreads. Grand Capital has an overall trust score of 91 out of 99. Grand Capital offers a world-class social trading platform with immediate order execution with good leverage and a low spread that is considered average risk.
Grand Capital Review
Grand Capital is one of the leading platforms with over 750 000 clients all over the globe. Their activity aligns with the principles that they defined long ago. Grand Capital values trust, quality, and reliability. To win clients’ loyalty, Grand Capital has worked hard and has earned a lot of awards along the way some of them include “Best Broker in Africa” from Africa Financial Expo 2017, and “Best Investment Service Provider in Africa 2020”.
Traders receive access to over 500 financial assets, including currency pairs, international stock CFDs, indices, and metals.
As such, Grand Capital has created comfortable conditions for investment, providing copying trades of successful traders (LAMM service), as well as the ability to build investment portfolios with more than 500 financial assets.
Grand Capital demographics |
Grand Capital Regulating details
Since 2016, Grand Capital has been a member of the Financial Commission (FinaCom) — an international mediator serving the online foreign exchange industry. Grand Capital has been assigned Category A: the highest level of broker's reliability. All clients of a participating company are protected by the Compensation Fund which acts as an insurance policy. Any client of such a company can be eligible for compensation of up to €20,000.
Grand Capital has been assigned category A – this is the highest category of broker reliability. Clients of the participating company receive additional protection for the Commission through the Compensation Fund, which acts as an insurance policy. Each client of the participating company can count on the compensation of up to $ 20,000.
Grand Capital Sign Up Bonus
Sign Up Bonus is offered by Grand Capital at 40% of the net deposit payment made.
Grand Capital Minimum Deposit
⭐ Features ℹ️ Information
💰 Minimum Deposit $10 / R160 ZAR
📊 Average spreads from 0.4 - 1 Pips
💳 Deposit / Withdrawal fees Yes
📊 Maximum leverage 1:1 to 1:500
🔥 Bonus 40% of Deposit amount
☎️ Customer support 24/5
The minimum deposit amount required to register a Grand Capital trading account is $10. This minimum deposit is equivalent to R160 ZAR at the current exchange rate between the South African Rand & United States Dollar.
Grand Capital Demo Account
Grand Capital offers traders the option of opening a Demo Account funded with $ 100 000 of virtual funds. Through this account, traders can learn the basics of Forex trading, learn your way around the trading terminal, and try new indicators and EAs.
To open a demo account with Grand Capital is easy and hassle-free and can be done within a couple of minutes. Traders simply go to the homepage of the broker and click on ‘Open a demo account’. Complete the online registration form and after your details have been verified you will receive a confirmation email.
All you must do is download your preferred platform which is either MetaTrader 4 or MetaTrader 5 and start trading.
Usually, a demo account is valid for a period of 30 days, however, it is not clear on Grand Capital’s website how long the demo account can be used.
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Grand Capital Account Types
Grand Capital offers 6 trading accounts, namely the Standard, Crypto, ECN Prime, Micro, MT5, and Swap Free accounts.
These accounts come with their own spreads and commissions also tailored to the requirements and the investment potential of forex traders.
The forex industry is arguably the largest financial market in the world today, and as such abounds with a wealth of different traders of all experience levels and trading styles.
In order to facilitate this varied base of client traders, most forex brokers provide a selection of different accounts which each cater to the specific needs of traders, and are often designed according to the experience level and investment styles.
Standard Account
The Standard Account offers a wide range of trading instruments such as currencies, metals, CFD contracts, and futures. A standard account is the best choice for traders.
Minimum deposit: $100 / ZAR R1 600
Spread: from 1 pip
Available instruments: 330
Leverage: from 1:1 to 1:500
Execution system: Market execution
Crypto Account
The Crypto Account offers 68 cryptocurrency pairs.
Minimum deposit: $100/ ZAR R 1 600
Spread: from 0.4 pips
Available instruments: 68
Leverage: 1:3
Execution system: Market execution
ECN Prime Account
The ECN Prime is designed for experienced traders and offers scalping, trading news, and the use of robots.
Minimum deposit: $500 / ZAR R8 000
Spread: from 0.4 pips
Available instruments: 38
Leverage: 1:1 to 1:100
Execution system: Market execution
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Micro Account
The Micro Account is a cent account with deposits starting as low as $10
Minimum deposit: $10 / ZAR R160
Spread: from 1 pip
Available instruments: 66
Leverage: 1:1 to 1:500
Execution system: Market execution
MT5 Account
The MT5 Account offers algorithmic trading in MetaTrader5, with tight spreads and excellent execution.
Minimum deposit: $100 / ZAR R1 600
Spread: from 0.4 pips
Available instruments: >400
Leverage: 1:1 to 1:100
Execution system: Market execution
Swap-Free Account
The Swap Free account is designed to be Sharia-compliant, and no commission is charged on positions through midnight.
Minimum deposit: $100 / ZAR R1 600
Spread: from 1 pip
Available instruments: >150
Leverage: 1:1 to 1:500
Execution system: Market execution
How to open a Grand Capital account
1. Step 1 – Register an account
Navigate to the Grand Capital website and select the option to “Open an account”
Upon selection complete the application form with required details where the trader will be provided with a username and password which will give you access to the account.
Step 2 – Login to trade
Once login details are received, a trader can log into the account and start setting up the deposit account.
Grand Capital signup |
Grand Capital Trading Instruments
Grand Capital offers over 330 tradable instruments, with the ability to trade the most volatile currency pairs in MT5. A full list of products can be found directly on the broker’s website.
Grand Capital Fees, Spreads & Commissions
Different forex brokers will offer different fee structures based on how they make a profit and on the type of traders which they target, or cater for.
Most forex brokers make a profit on the commission, or the spread, or both, and some offer more competitive structures, while others charge higher commissions in return for more lucrative trading options.
Traders will ultimately have to choose a broker whose fee structure best suits their trading style, the investment they have at their disposal, and their trading strategy.
Grand Capital's variable spreads on the commission-free accounts are averaged 2.2 pips on EUR/USD, which is comparatively high for the forex market.
Typical spreads on ECN accounts amount to 1.2 pips on EUR/USD, however, with the added commission of $5 per standard lot, trading costs for this pair would also amount to around 2.2 pips.
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Grand Capital Deposit and Withdrawal
Traders often examine a broker’s deposit and withdrawal options in order to determine how the associated rates charged by the broker might affect their profitability over the long term.
Traders also often seek out brokers who provide a wide range of deposit and withdrawal options in order to make for a more streamlined and cost-effective process.
In order to open an account with Grand Capital, one has to deposit just $10, which is a very low amount relative to other brokers in the industry.
Both deposits and withdrawals can be made through a range of popular methods, including bank wire, credit/debit card, Neteller and Skrill, and Bitcoin.
Grand Capital Trading Platforms
Grand Capital offers the highly popular MetaTrader 4, MetaTrader Mobile, MetaTrader 5, MetaTrader 5 Mobile platforms, as well as its proprietary WebTrader.
The MT4 platform is popular with a range of traders, and includes the following benefits:
More than 330 instruments for efficient trading: 54 currency pairs, spot metals, gold and silver, CFDs, stocks, indices, and futures (raw materials and energy resources)
Compatible with iOS- and Android-based mobile devices
The platform is compatible with the vast online library of user indicators and expert counselors
Trailing Stop, the possibility to lock positions and independently manage several accounts at the same time
MetaTrader 5 and MetaTrader5 mobile
MetaTrader 5 is recognized as the perfect terminal by professional traders. MT5 is the next generation of the popular MT4 trading platform.
The developers have preserved everything that made the previous version so great, while adding new features to meet the demands of modern traders.
WebTrader
WebTrader is an online terminal for in-browser trading, allowing users to advantage of professional analytic tools, such as indicators and charts.
WebTrader's functionality is similar to MT4 but doesn't require installation.
Grand Capital Conclusion
Overall, Grand Capital can be summarised as a credible and trustworthy broker and is considered low-risk with competitive trading fees and spreads. Grand Capital has an overall trust score of 91 out of 99. Grand Capital offers a world-class social trading platform with immediate order execution with good leverage and a low spread that is considered average risk.
Grand Capital offers excellent trading conditions, with multiple products provided on advanced trading platforms. These excellent conditions are coupled with competitive spreads and commissions and a low minimum deposit.
Grand Capital Disclaimer
Risk Warning: The Company also offers CFD products which are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with GCI Trading.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors.
Investors must understand and acknowledge these specific characteristics and risks and be warned that there is no EU regulatory framework governing trading in cryptocurrency products.
CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit.
Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done in South Africa
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