Grandcapital review
Length of use: 3-6 months now my funds cleared. I had to deposit 3 checks! Each deposit I sent him a pic proof, every deposit he responded.
New forex bonuses
The last deposit mike turned into the guy who was NOW TOO BUSY TO PICK UP HIS PHONE. I called him and he SENT me DIRECTLY TO HIS VOICEMAIL! D**n phone DIDN'T even RING ONCE!
Grandcapital.Net review
Also grandbroker.Com
Other websites of this company include grandcapital.Ru and grandbroker.Com
Broker details
deposit methods: | VISA, advcash, bitcoin, epayments, ether/ethereum, fasapay, help2pay, local bank deposits, local bank transfers, neteller, payeer, payza, perfectmoney, RBK money, ripple, tether, vload, webmoney, yandex money |
withdrawal methods: | VISA, mastercard, advcash, bitcoin, ether/ethereum, fasapay, help2pay, local bank transfers, neteller, payeer, paytrust88, payza, perfectmoney, ripple, tether, vload, webmoney, yandex money |
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Traders reviews
Length of use: 0-3 months
Length of use: 3-6 months
Grand capital is a good broker
Length of use: over 1 year
Length of use: 6-12 months
Since this situation was successfully resolved, I would like to change my rating to 5 stars.
May 15, 2020 - no rating today they returned my funds to me, so I want to update my review and I have no more any complaints
Dec 19, 2019 - 1 star they cancel transactions that they believe are supposedly not market ones, but in their MT5 market execution of orders. I, as usual, traded news and they canceled my profit, more than 1k dollars. Funds do not withdraw. I do not recommend this broker.
Reply by grand capital submitted jan 17, 2020 dear sh4848fx,
We have examined your case and found that the company canceled your trades and restored your full initial deposit due to the violation described in article 4.14 of our regulation of the processing and execution of trading transactions:
“while processing tradin operations for CFD and forex, if a client's open/close order was executed at a non-market quote or a client opened/closed a position at a non-market quote, the company reserves the right to:close the position at a current quote and nullify its financial result if the position wasn't closed by the client; nullify or correct the financial result of the position, if it was closed by the client.”
The company has nullified the trading results as per the regulation. We’re sorry for the unpleasant experience, but compliance with the agreements and regulations is mandatory for all clients of the company.
Length of use: 0-3 months
After following the procedure and writing to their technical support, grand capital looked into my issue and realised a mistake that happened on my account and trades which they have sincerely apologised for. On top of their apology they went a step further by giving me back my deposit of $488.11 and a bonus of $195.24.
Thank you grand capital you are a responsible broker. I also urge others who are having issues to contact technical support with enough facts to back their claims this broker will definitely help you.
I give you guys a five star rating
Mar 5, 2020 - 1 star after opening an account of $488 with grand capital I did not receive the deposit bonus that they had promised. I did all they requested for the verication of my documents and was successful, but still did not get my deposit bonus. Again when trading with them, when you place the buy and sell stop orders they are tempering with my entry prices and changing them to ensure I do not make any profit at all. When I was trading the CAD news (4 march 17:00) I placed a buy stop order at 1.48450 and the current price was 1.48290. But when the trade was triggered I was surprised to find the entry price was changed to 1.48665. I don't know who added the 200 points on my entry price or why this was done. This has been happening in my previous trades with them. Is this how grand capital operates? The CAD news trade moved about 1000 points (100 pips) but I was given a profit of just $13 on a lot size of 0.35 ($3.50 per pip) this is unacceptable. I made a screen shot of the trade it's just that I don't know how to attach it to this report. I wanted everyone to see what I am experiencing with this broker.
Feb 21, 2020 - no rating after seeing the advert from grand capita that they offer 40% bonus on each deposit, I was attracted to them because their bonus offer was slightly above what other brokers are offering. Bit oncei deposited the money and the verication process completed, there as no bonus given . Right now I am sending them emails which they are not responding to. I feel the whole thing about grand capital is nothing but a hoax. If they are giving problems with just a bonus what more when I want to make a withdrawal?
Reply by grand capital submitted feb 26, 2020 dear progress!
Please update your review and include your account ID so that we can look into your situation. We'll get back to you as soon as possible.
Reply by grand capital submitted mar 6, 2020 dear sinetemba!
Please update your review to include your account ID so that we can look into your situation. We'll get back to you as soon as possible.
Length of use: 0-3 months
In response to grand capital's representative's updated comment.
If the moderator didn't allow such empty-handed statements, a number of positive reviews for your company would never have been approved.
Please update your review to include your account ID so that we can look into your situation. We'll get back to you as soon as possible.
UPDATE: we are forced to admit that the client is obviously lying and did not read the bonus conditions, because, apparently, he does not know that a deposit is required for the replenishment amount after the bonus time has expired.
Obviously, the bonus expired and there was no profit, so after writing off 500 bonuses, the account simply stopped being active and left. In general, it is not clear why the moderator leaves such empty-handed statements.
Howbeit, let us describe the bonus conditions and our attitude to the problem.
Bonus conditions are as follows:
- a special bonus account is created with the bonus funds on it, the conditions are identical to the standard account;
- the client can start trading immediately after receiving this bonus;
- after 7 calendar days, exactly, up to a minute, the account ceases to be active, the result for open positions, if any, is recorded, the account ceases to be active and is deleted;
- if the client made a profit, they will receive a new account of the type standard (if the profit is $ 100 or more) or micro (if the profit is less than $ 100) with a profit in equity;
- trade on this account becomes available after replenishment by an amount equal to or greater than the profit amount;
- if there is no replenishment by the required amount within 7 calendar days from the date of the bonus end, the profit is written off;
- bonus profit can be transferred into ownership if the necessary trading volume is made after replenishment: 1 lot for every $ 5 of bonus profit.
What are the conclusions? If the client claims that he has earned 20,000 and is very unhappy that the account is inactive, this means that he most likely did not know that he would not be able to simply take and withdraw these 20,000. If he really thinks that he has earned 20,000 and the account is inactive, but the new one has not been created, then he had a drawdown of more than 20,000 in current positions at the time of the bonus. Here the client is obviously lying, or he is very mistaken. There can be no mistake in our side.
Length of use: 3-6 months
Mike and his partner ronald ameral of FOREX WEALTH GROUP / elite affiliates of GRAND CAPITAL are two grade A forex scammers.
They post heavily on craiglist. You can find them still posting in san diego, san fran and other cities across the board. HAVE YOU SEEN THIS :
Getting started making long term profits
Note: * most people deposit 10k for large daily profits VIP*35k deposits yields 2 to 5k daily ( we trade more which means more profits for you!) 100k to 1M * premiere profits 5% to 10% DAILY! On average trading. We are 50% partners with you profits paid weekly
Its your account and only you have access to your money,control and withdrawal ability. As your trader managing your account we only have access to the trading MT4 platform
STEER FAR AWAY FROM THESE CROOKS.
When I first spoke to mike his conversation was mild toned that spoke HIGHLY of their trading skill & how they are ELITE AFFILIATES of GRAND CAPITAL.
Mike sent me video clips and screenshots of "clients" that were making explosive profits and said that was typical when you invest on a VIP level @ $30,000. Since i was referred he said I get a VIP discount down to $15,000. He said deposit a check in his partner's wells fargo account:
Now I told him I didn't feel rite doing that because my money is not protected. He said they are able to purchase bitcoin for free. If I do it myself I'm going to get hit with big fees. He instructed me to signup with GRAND CAPITAL.NET
This is the broker that they use to trade your funds ( supposedly ) mike CONSTANTLY contacted me about when will I have the money. When will my deposit be in, do I have an ETA about when will the check clear to make the deposit. I kept in contact with mike. He was ALWAYS AVAILABLE! When I called, HE PICKED UP!
When I texted him, HE RESPONDED. I told him it should clear by the next week. He was so adamant! Telling me he NEEDS to get me in as a client asap. He ask me can I give $2000 to "HOLD MY SPOT". This was around christmas and I just spent a couple of 1000s on gifts. I told him TRUST ME its coming.
He stayed on me, never rested on asking me do I have an "ETA"? Are you making deposit today!! D**n, he was bleeding on me. He said I need to get the funds deposited so they can purchase the bitcoin and get started ASAP.
Now my funds cleared. I had to deposit 3 checks! Each deposit I sent him a pic proof, every deposit he responded. The last deposit mike turned into the guy who was NOW TOO BUSY TO PICK UP HIS PHONE. I called him and he SENT me DIRECTLY TO HIS VOICEMAIL! D**n phone DIDN'T even RING ONCE!
And hes so sloppy with his scamming that he left his instant messenger on so I would know exactly WHEN HE READ MY TEXT BUT HE WOULDN'T respond. Realizing that MIKE was ignoring me, I texted him and let him know where is all that energy he had when he wanted my investment.
He answered 100% of my calls. As soon as that LAST DEPOSIT went thru MIKE DID NOT ANSWER NOT ONE PHONE CALL!! ZERO, ZILCH. I asked for a refund. NOW HE RESPONDS and says its a typical friday, he'll contact me monday, they purchased partial bitcoin and he'll give me a call. NOPE, ALL BS. He did not CALL ME.
Monday night, I requested another refund. He responded and said he will connect with me tomorrow afternoon they are finishing up buying the rest of the bitcoin. If I "NOW"want a refund he will contact his partner. Of course the next day, MIKE DID NOT CALL. I called him and AGAIN he sent me to voicemail
I spoke to an agency that deals with FOREX SCAMS and they specifically told me mike , ronald ameral and grand capital are SCAMMERS. So when he sent me to voicemail again I knew for a fact he knew I found out. I told him I was going to report him.
NOW he responded and said he will contact me today and he got me a $5k bonus. He will get with me by the end of the day. BS.
Again mike did not CALL ME nor text me. Absolutely NOTHING. I texted him about the agency exposing them.. NOW he responds and says give me your email address and he'll send the refund request to his partner. He said my bitcoin was "purchased". He said I will get an email about the refund
OK here goes that mountain of scamming BS. The email stated that if I want a refund they will take 40% of my investment. I either take that or continue to trade. I denied that crap because they didn't trade a d**n thing! All they did was purchase bitcoin WITH MY MONEY, NOT THEIR MONEY, MINE. But there's no proof of that purchase!!
I told mike I was going to sue him and he BLOCKED ME. So i called their bluff and said I'll take the 40% hit. They NEVER RESPONDED!!
While at my bank explaining the scam and closing my account, my biz partner contacted mike. He asked him WTF is going on. Now the refund status has changed since I called their 40% bluff. Now they said to get a refund I need to bring them a client who will invest with them AND I will get hit with a 40% surrender fee.
Now why the hell will I bring someone to them so they can SCAM THEM. Then that person would say I set them up. They changed my login details and emailed me a bogus login and said they purchased bitcoin, A big front trying to act like they're trading. I checked my account and there'[s not a d**n thing in it except words.
THEY COMPLETELY RIP ME OFF.
These guys mike 619-756-9277 and ronald ameral of FOREX WEALTH GROUP & elite affiliates of GRAND CAPITAL.Net and SCAMMERS AND CROOKS. STAY AWAY
IF YOU GIVE THEM YOUR INVESTMENT, THEY WILL DISAPPEAR AND SAY THEY'RE TOO BUSY. IF YOU PURCHASE BITCOIN YOURSELF AND CREATE YOUR OWN ACCOUNT, THEY WILL NOT ALLOW YOU TO WITHDRAW AND GET YOUR INVESTMENT BACK.
THEY WILL SAY YOU HAVE TO BRING THEM A CLIENT WHO INVEST THE SAME AMOUNT AS YOU AND THEY WILL TAKE 40% FROM YOUR INVESTMENT.
These scums of the earth rip me off but I will make sure this hits all scam sites, search engines and blog site to protect anyone from investing in them. RUN FAR AWAY
Grand capital review 2020
Grand capital review
Latest updates about grand capital
Reviewed broker: grand capital
Regulation: financial commission finacom, EDR hong kong external dispute resolution organization
Trading software of grand capital and it's features
Trading platforms: metatrader 4, webtrader
Account types: micro, standard, ECN, options (binary)
VIP account: account balance of $50,000 and above receive 24% annual interest, no payment fees and personal manager
Islamic swap free accounts: available
Maximum leverage up to 1:2,000
Spread types: fixed, variable
Variable spreads start from 2.2 pips
Fixed spreads start from 1.7 plus commission $5 per standard lot
Educational material: available
Segregated accounts for client funds: yes
Expert advisors: allowed
Grand capital review : promotions and bonuses
At the time of this grandcapital review, the broker offered the following:
To the moon
Get free SERENITY tokens for trading on ECN prime and/or standard account!
- The promotion is valid through january 15th, 2018
- Place at least 3 trades (involving any cryptocurrency) on ECN prime or at least 5 trades (involving any assets except stocks CFD) on a standard account.
- SERENITY tokens can be used to pay for serenity financial platform services or sold on an exchange after the ICO ends. The nominal price of 1 token is 0.1 ETH.
Any deposit bonus +40%
40% bonus for each deposit with no limit to the amount!
- Larger deposit – larger trading volume (get 40% more than what you deposit)
- Enlarge every deposit (deposit any amount unlimited number of times and claim the bonus each time)
- Withdrawable bonus (make the bonus funds withdrawable with active trading
Day of risk-free trading
"day of risk-free trading" provides all clients of grand capital trading on option accounts with a whole day of risk-free trading!
Welcome bonus $500
New! No deposit bonus more than offered by other brokers.
- $500 for 5-day trading;
- Withdrawable profit.
Grand capital review : deposits and withdrawals
Minimum deposit requirement: $10
Payment methods: credit cards, skrill, neteller, payeer, perfect money, fasapay, webmoney, okpay, moneta.Ru, regularpay, china unionpay
Grand capital review : support and education
Customer support: email, phone, online chat
Educational material including videos, live sessions, ebook is available in the learning section of the broker's website
How was the rating of grandcapital performed compared to other brokers?
This 2020 forex broker review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on grandcapital FX broker performance and features.
Overall our online grand capital review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online grandcapital or you find inaccurate details grand capital broker review please get in touch with us and the changes will be applied.
Grandcapital review
What do traders say about grand capital ?
After doing some research, we found out that a lot of traders are reporting grand capital and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to trade with them.
It’s always important to know what other traders are thiking about a broker before using it and we can say that they are not saying good things about grand capital.
What do regulators say about grand capital ?
This is the most important thing you need to know about a broker before using it. Is grand capital regulated ? Is it an offshore company ?
Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the cysec (cyprus securities and exchange commission).
An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
Grand capital is an unregulated offshore broker owned by grandcapital ltd and located at suite 305, griffith corporate centre, P.O. Box 1510, beachmont, kingstown, st. Vincent and the grenadines.
They can be contacted by phone at this number : +60179861002 / +593987279765 / +22507062277 or you can send an email to info@grandcapital.Net / clients@grandcapital.Net / techsupport@grandcapital.Net.
You should definitely avoid any unregulated or offshore broker and grand capital is one of them.
Have you been scammed by grand capital ?
Have you been victim of this company ? Did you lose money with them ? Everyone does mistakes. Don’t worry, you are not alone, and we are here to help you.
Our team of experts is available 24/7 in order to help you recovering your hard-earned money.
After asking you some questions, they will be able to build a chargeback case to fight the broker and get your money back as soon as possible.
Chargeback is the solution
As we said before, the good news is that there is a solution and it’s called a chargeback.
But what is a chargeback ?
A chargeback is the retroactive cancellation and refund of a charge made using your credit card.
Not a lot of people know that, but there is a high probability of getting your money back when you build a chargeback case as long as it is built correctly from the beginning to the end.
Using a chargeback service like mychargeback may be the only way to build a correct chargeback case in order to get your money back as fast as possible.
Get your money back NOW !
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Grandcapital review – is it a scam or legit broker (2021)
In this grandcapital review, we are going to take a look at the offer that this broker prepared for its traders. Grandcapital operates on the financial market since 1995. When it comes to trading platforms, the broker features webtrader. The grandcapital minimum deposit is 10 USD.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
Basic information from this grandcapital review
website address: | grandcapital.Net |
operated by: | grand capital ltd. |
Licensed and authorised by regulatory bodies: | |
supported languages: | english, german, spanish, french and portuguese |
customer support available via: | E-mail, phone |
contact details: | [email protected], +1 646 844 7187 |
available deposit methods: | VISA, advcash, bitcoin, epayments, ether/ethereum, fasapay, help2pay, local bank deposits, local bank transfers, neteller, payeer, payza, perfectmoney, RBK money, ripple, tether, vload, webmoney, yandex money |
available withdrawal methods: | VISA, mastercard, advcash, bitcoin, ether/ethereum, fasapay, help2pay, local bank transfers, neteller, payeer, paytrust88, payza, perfectmoney, ripple, tether, vload, webmoney, yandex money |
minimum deposit: | 10 USD |
min. Trade in lots: | 0.01 |
spreads: | typical spread on the currency pair EUR/USD - 1,7 pips * on standard account type |
tradable assets: |
The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.
For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.
Grandcapital fees (typical spreads)
We have scanned fees (typical spreads) that grandcapital charges when trading popular currency pairs, here is their breakdown in pips.
*typical spreads were recorded on 17.01.2020 at 21:28 for the standard account. Grandcapital spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Frequently asked questions
is grandcapital a scam?
In accordance with our research, grandcapital is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that grandcapital is not a scam, read our trader reviews and check other popular trading related websites and forums.
what is the grandcapital minimum deposit?
In order to start trading with grandcapital, you have to deposit at least 10 USD.
what deposit and withdrawal methods grandcapital supports?
⚖️ would you recommend me choosing grandcapital?
We don’t have our own personal experience with grandcapital. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that grandcapital is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, australia, africa and the USA offering similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.
Grand capital review
Grand capital
Reason to avoid: offshore license
Listed date: september 12, 2018
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Beware grand capital is a non-regulated broker. It is NOT SAFE to trade.
About grand capital
️ registered in | st. Vincent and the grenadine |
️ type of license | offshore license |
️ is grand capital safe to trade | no |
️ recommended licenses | FCA in UK & ASIC in australia |
alternative broker | FP markets - licensed by ASIC in australia |
Is grandcapital a scam or legit broker?
No, it is not safe to trade with grandcapital. Grandcapital is owned by grandcapital ltd., which is an offshore company registered in st. Vincent and the grenadine.
St. Vincent and the grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as brokerz, traderur and more. You can read our detailed article about the risk of trading with brokers from st. Vincent and the grenadines.
According to the grandcapital website, the broker is registered with the financial commission under the number 24598 IBC. Even though the finacom is a well-respected organization, it is a self-regulatory organization which cannot guarantee the safety of the trading environment and does not regulate the daily operations of the company, therefore can’t provide necessary protection to the client.
Grand capital ltd is an incorporated company that operates already for 11 years, while originally is russian company, yet performs the operation through its registered offices in st. Vincent and the grenadines and seychelles, along with 40 offices around the world as claimed by the company. Even though the company has achieved some significant results in their trading offerings alike enabled high-quality connection to the markets through ECN bridges, web-based terminal, access to over 330 assets, as well as the comfortable conditions for investment with copy trading and other additional sources to cover the needs of various traders. Moreover with the received awards and the titles ‘best broker’, ‘best trading technology’ and more from the world publicity and organizations.
Nevertheless, there is no confirmation about the regulatory compliance and the necessary protection of the clients, which enables international investors to trade rest assured. Also, the range of trading instruments includes options that put trading capital at risk alike trading on cfds, binaries along with an extreme level of leverage that comes up to 1:2000, and considered to be very highly adventure trading.
We advise all investors and traders to avoid grandcapital and other brokers from st. Vincent and the grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in australia and reliable brokers such as IG markets and plus500.
Grand capital review and ratings
Company information
Grand capital group includes 2 related companies.
Grand capital SVG - legally registered entity located in saint vincent and the grenadines, but not regulated by any government agency.
Grand capital SEY - legally registered entity located in the seychelles, but not regulated by any government agency.
Grand capital is also a member of the financial commission (finacom), an independent organization that resolutes disputes.
Availability
Grand capital group accepts clients from all over the world, excluding some jurisdictions where restrictions apply.
Distinctive features
- Simple registration and verification process.
- Own pool of PAMM trading accounts.
- Cryptocurrency funding accepted.
Trading instruments
Forex broker offers the following underlying assets for FX trading.
70+ currency pairs | based on major and minor world currencies. |
10+ currency futures | based on major world currencies. |
18 crypto pairs | based on bitcoin, bitcoin cash, ethereum, litecoin, dash, ripple, monero, zcash. |
11 indice cash cfds | based on baskets of different blue-chip stocks. |
12 indice futures | based on baskets of different blue-chip stocks and US dollar index. |
2 metal spot cfds | based on gold and silver. |
4 metal futures | based on gold, silver, palladium and copper. |
8 energy futures | based on crude oil (WTI, brent), heating oil, gas oil, gasoline and natural gas. |
17 soft futures | based on coffee, cocoa, orange juice, sugar, cotton, lumber, soybeans, soybean oil, soymeal, corn, wheat, rough rice, oats, lean hog, feeder cattle, live cattle. |
3 bond futures | based on german government securities. |
60+ stock cfds | based shares of US and RU companies. |
Comprehensive review
Grand capital is a forex and CFD broker based out of two registered offices in saint vincent and the grenadines and the seychelles, respectively. The broker is unregulated by any government regulator, but has nonetheless been operating since 2006, which to a certain extent proves that this is a serious player in the industry.
It is also worth mentioning that the broker is a member of the independent regulatory organization known as finacom, which has been set up to handle disputes that may arise between unregulated brokers and their clients.
Grand capital also used to offer binary options trading to its clients, but this part of the business has now been spun off and is instead offered under the brand GC options.
As a large global brokerage company, grand capital has a local presence in a range of cities around the world, including in kuala lumpur, baku, dakar, and ho chi minh city, to name just a few.
The broker is registered in saint vincent and the grenadines under the name grandcapital ltd. With registration number 24598 IBC 2018, and in the seychelles under grand capital ltd. And registration number 036046.
In terms of underlying assets that are available for trading, grand capital offers everything from forex to cryptocurrencies, stock indices and single stocks, as well as a whole range of commodities, all of which are traded as cfds. In total, more than 330 different instruments can be traded from this broker.
In addition to the trading instruments mentioned above, grand capital offers its own “ready-made investment portfolios” to help investors who are unsure about what to invest in. The portfolios can cover everything from cfds on stocks and commodities to foreign currencies, and will be tailored to each client’s specific needs, profit goals, and risk appetite.
Further, grand capital offers clients the choice between five account types, each with different pros and cons to make sure there is something for everyone:
– crypto account: 1.6% commission and spreads from 0.4 pips
– ECN prime account: USD 5 commission and spreads from 0.4 pips
– standard account: no commission on forex trading, spreads from 1 pip
– swap free account: no overnight swaps designed for muslim traders
– micro account: commission-free trading and spreads from 1 pip
– MT5 account: designed especially for algorithmic trading on the MT5 platform
Out of these trading account types, the standard, swap free, and micro accounts all offer relatively high leverage of up to 1:500 on the most liquid trading instruments. The ECN prime and MT5 accounts, meanwhile, offer leverage of up to 1:1000 as long as the notional value of a position is less than USD 300,000, while the crypto account has leverage limited to just 1:3.
Once again, the high leverage offered by grand capital and other unregulated brokers illustrates one of the benefits of trading with offshore-based forex brokers for those who have the discipline to take advantage of such high leverage.
Another extra benefit of trading with grand capital is the large library of educational materials it has made available on its website. The materials include informative video lessons on everything from the best forex trading strategies for beginners, to trading psychology and technical analysis, as well as ebooks and articles covering topics like stocks, foreign currencies and CFD trading.
Further, grand capital also offers all traders who sign up with a 40% deposit bonus, as well as a “payback” reward for clients who trade more frequently. All profits made from trading with the bonus are freely withdrawable for the user.
Lastly, grand capital’s customer service is conveniently organized for traders located in one of the countries where the broker has offices through its introducing broker-program. This includes local phone numbers in countries like russia, germany, malaysia, and a range of other places around the world. For other inquiries, tech support can be contacted via email 24 hours a day on weekdays.
Grand capital review (grandcapital.Net scam)
Read our grand capital review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a grandcapital.Net review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So grand capital is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say. It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the managed account agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about grand capital in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Grand capital review conclusions
Making the grand capital review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the forex companies and any other company for that matter, before you perform any transaction. We hope that our grand capital review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected]
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Grandcapital review
What do traders say about grand capital ?
After doing some research, we found out that a lot of traders are reporting grand capital and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to trade with them.
It’s always important to know what other traders are thiking about a broker before using it and we can say that they are not saying good things about grand capital.
What do regulators say about grand capital ?
This is the most important thing you need to know about a broker before using it. Is grand capital regulated ? Is it an offshore company ?
Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the cysec (cyprus securities and exchange commission).
An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
Grand capital is an unregulated offshore broker owned by grandcapital ltd and located at suite 305, griffith corporate centre, P.O. Box 1510, beachmont, kingstown, st. Vincent and the grenadines.
They can be contacted by phone at this number : +60179861002 / +593987279765 / +22507062277 or you can send an email to info@grandcapital.Net / clients@grandcapital.Net / techsupport@grandcapital.Net.
You should definitely avoid any unregulated or offshore broker and grand capital is one of them.
Have you been scammed by grand capital ?
Have you been victim of this company ? Did you lose money with them ? Everyone does mistakes. Don’t worry, you are not alone, and we are here to help you.
Our team of experts is available 24/7 in order to help you recovering your hard-earned money.
After asking you some questions, they will be able to build a chargeback case to fight the broker and get your money back as soon as possible.
Chargeback is the solution
As we said before, the good news is that there is a solution and it’s called a chargeback.
But what is a chargeback ?
A chargeback is the retroactive cancellation and refund of a charge made using your credit card.
Not a lot of people know that, but there is a high probability of getting your money back when you build a chargeback case as long as it is built correctly from the beginning to the end.
Using a chargeback service like mychargeback may be the only way to build a correct chargeback case in order to get your money back as fast as possible.
Get your money back NOW !
Fill out the form below and get a FREE consultation today
Grand capital review – is grand capital legit?
At scamorno.Com, we stick to strict standards of a review process. We may receive compensation from the companies mentioned in this post.
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Grand capital DEMO
Grand capital REVIEW
Summary
Created for trading in a wide variety of assets
Grand capital is a new breakthrough award winning MT4-based trading platform
Read 100% free grand capital review by scamorno team
Details
FULL REVIEW OF grand capital
Are you looking for more information about grand capital and whether or not this is truly a good and reliable broker to trade with? Grandcapital is owned by grand capital ltd., a company situated in mahe, seychelles at 106 premier building victoria. They are regulated by the financial commission, an independent self-regulatory organization and external dispute resolution (EDR) body, that is dedicated specifically to forex. Grand capital also offers forex and CFD trading and the quote above makes us understand that only forex trading is regulated by the financial commission.
What do you need to start using grand capital to trade with?
Grand capital works right on meta trader 4! This is a great addition that we want to see on all brokers. What’s even better is that you do not need to install separate plugins – binary options trading is already available when you install meta trader 4. But it gets better still: their support rep gave us all this info ASAP! Didn’t ask us if we had an account, didn’t ask us to create an account, nothing. We just asked our question and they answered.
How is grand capital better than other brokers?
Despite the lack of significant regulation, this brokerage has some features that put it above average in my book. First up, the platform is still the best out there, in our opinion: meta trader 4. When we say that a “classic” binary platform is good, we never compare it to MT4 because no binary options platform even comes close to MT4. It would be like comparing my running with usain bolt’s: both will get there eventually, but he will probably have a nap waiting for me. Of course, if you are not interested in analyzing before trading, then you will not need MT4 because you can press call or put on any platform… but that’s not trading, it’s gambling.
Grand capital also offers a web platform (no download needed), with charts that are provided by tradingview and guess what: technical analysis tools. That just goes to show that grand capital wants to offer clients the tools they need to succeed.
Review verdict: grand capital is a legitimate platform that works
How is the level of regulation for grand capital?
At the time of writing there are no warnings or announcements coming from any financial watchdogs with regards to grand capital. However, it is worth noting that grand capital’s CEO stanislav vaneev mentioned in a recent interview that “…the cysec regulation we are soon to acquire will, undoubtedly, open new markets and give a new spin to the development of the company”. Hopefully, the new regulation materializes because it would be a great addition.
Review of grand capital’s deposits and withdrawals system
The bonus for binary options accounts is 15% for a minimum of 100 USD deposit and can go as high as 200% , which depends on the sum you deposit and on how long you have been trading with grand capital (yes, the longer you’ve been trading with them, the bigger the bonus you can get). Client’s money is free to withdraw but the bonus is locked by a forty times turnover that must be reached within 3 months.
Funds can be deposited via credit cards (visa and mastercard), wire transfers and lots of e-wallets, including neteller, perfect money , skrill, webmoney and much more, as well as local transfers. Deposits via wire take between 3 to 5 working days, while credit card and e-wallet deposits are processed as fast as 15 minutes. Withdrawals can be made using the same methods and generally take up to 3 working days to process.
Trading on meta trader 4 is the best extra feature but we can mention also LAMM accounts, which is similar to copy trading but according to them, this type of trading has greater transparency because you will be able to see who exactly is trading for you and stop “following” a trader as soon as you wish.
Review verdict: grand capital is a legitimate platform that works
Consumer fraud alert regarding grand capital
The success of grand capital has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are joining and should do some research before they join from any website. To spot these, watch out and avoid sites that claim to write about grand capital, yet the write-up is completely garbage and unreadable, as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only join from the site from the official website here – http://grandcapitalofficial.Com/ (link opens in a new window). The official website that they have includes the legitimate platform.
Conclusion about grand capital
Opening a binary options trading account at grand capital is really simple. All you need to do is follow the following few steps and you are ready to begin trading;
- Register to open an account: the security of the funds that you deposit is ensured by a two-factor authentication module.
- Install the trading software, or you can choose to use web trader: just download the meta trader 4 client to your device. Alternatively, you can use the web-trader platform straight from your browser.
- Choose the asset you want to trade, its expiration time to determine its price movement: you can make a prediction regarding price movement of the asset, then pick the amount of money want to invest plus the duration of the contract.
- Invest and make a profit: with a minimum investment low of $1, you can receive up to 86% in profit returns if your prediction is correct.
In a nutshell, grand capital which has been operating for a number of years now and bagged quite a number of awards for their performance, appears poised to eventually establish a VIP sector. This is a network that is a clear leading player in the binary options market, and grand capital’s advantages are clear for every trader to see. If you are interested to start trading on a great and reliable platform, we highly recommend you to learn more about grand capital at the button link below!
So, let's see, what we have: reviews for grandcapital.Net. By traders, for traders. At grandcapital review
Contents of the article
- New forex bonuses
- Grandcapital.Net review
- Also grandbroker.Com
- Broker details
- Live discussion
- Video
- Traders reviews
- Grand capital is a good broker
- Grand capital review 2020
- Grand capital review
- Trading software of grand capital and it's...
- Grand capital review : promotions and bonuses
- Grand capital review : deposits and withdrawals
- Grand capital review : support and education
- How was the rating of grandcapital performed...
- Grandcapital review
- What do traders say about grand capital ?
- What do regulators say about grand capital ?
- Have you been scammed by grand capital ?
- Chargeback is the solution
- Grandcapital review – is it a scam or legit...
- Basic information from this grandcapital review
- Grandcapital fees (typical spreads)
- Frequently asked questions
- is grandcapital a scam?
- what is the grandcapital minimum deposit?
- what deposit and withdrawal methods...
- ⚖️ would you recommend me choosing grandcapital?
- Grand capital review
- Top 3 forex brokers
- Is grandcapital a scam or legit...
- Grand capital review and ratings
- Company information
- Availability
- Distinctive features
- Trading instruments
- Comprehensive review
- Grand capital review (grandcapital.Net scam)
- Who are they?
- How does it work?
- Withdrawing funds
- How to get your money back?
- What about wires?
- Make sure you leave reviews about grand capital...
- Grand capital review conclusions
- Grandcapital review
- What do traders say about grand capital ?
- What do regulators say about grand capital ?
- Have you been scammed by grand capital ?
- Chargeback is the solution
- Grand capital review – is grand capital legit?
- Grand capital DEMO
- Grand capital REVIEW
- Details
- What do you need to start using grand...
- How is grand capital better than other...
- How is the level of regulation for grand...
- Review of grand capital’s deposits and...
- Conclusion about grand capital
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