Grand Capital Overall rating
Rating | Weight | |
User Rating |
1.0 (1 reviews)
|
3 |
Popularity |
3.4
|
3 |
Regulation |
0.0
|
2 |
Pricing rating |
Not rated
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
Pros
- Offers high leverage up to 3000:1.
- MetaTrader 4 and 5 platforms available for desktop, mobile, and web.
- Provides negative balance protection.
- Wide range of tradable instruments across various asset classes.
- Popularity rating of 3.2 out of 5 based on user activity and web traffic.
Cons
- Only 1 total user review with a low rating of 1.0 out of 5.
- No deposit compensation scheme.
- Not regulated by a major financial authority.
- Ranked lower in expert ratings and user ratings compared to other brokers.
We tested Grand Capital using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.
Trustworthiness & Regulation
Grand Capital is incorporated in the Saint Vincent and the Grenadines island-nation, which is a non-regulated jurisdiction. This broker has a single user review rating it 1.0 out of 5, indicating potential concerns from users. It ranks 74 out of 815 forex brokers based on user ratings and 408 out of 815 based on our expert's rating.
Founded in 2006, Grand Capital is a privately owned company and does not provide its financials publicly. It gets approximately 49,616 organic monthly visits according to similarweb.com, ranking 192 out of 815 forex brokers for organic traffic.
While the broker provides negative balance protection and segregates client funds from its operating capital, it does not offer a deposit compensation scheme. Despite these drawbacks, its popularity rating of 3.2 out of 5 shows it still attracts a decent number of clients.
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Grand Capital Limited
Saint Vincent and the Grenadines |
3000 : 1 |
Deposit Insurance
Grand Capital does not support a deposit insurance or investor compensation program as it is not regulated by a major financial authority. This means that in the event of the broker's failure, clients may not be compensated for their deposits. Investors should consider this risk when choosing to open an account with this broker.
Spreads and Costs
Grand Capital offers competitive spreads and costs when compared to industry-leading brokers. The average forex spread is 1.23, which is relatively low. For commodities, the average spread is 0.17, which is also favorable.
These averages place Grand Capital in a competitive position among brokers in terms of overall cost.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
---|---|---|---|---|
Grand Capital – Standard | - | 1.23 | - | 0.17 |
HFM – Premium | 25.46 | 7.48 | 3.92 | 0.20 |
IC Markets – Standard | 9.10 | 3.51 | 3.90 | 0.21 |
XM – Standard | 39.03 | 4.95 | 5.44 | - |
FxPro – Standard | - | 0.98 | 3.24 | - |
Pepperstone – Standard | 12.39 | 2.10 | 2.43 | 0.13 |
Axi – Pro | 13.62 | 2.73 | 1.55 | 0.22 |
Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.
Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.
Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.
Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.
Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers
Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Grand Capital – Standard | - | - | 0.56 | 1.15 | 2.08 | 0.67 | 1.32 | 1.63 | - | - | 0.28 | 0.05 |
HFM – Premium | 39.13 | 3.61 | 1.78 | 2.51 | 3.95 | 2.13 | 3.81 | 2.99 | 1.41 | 6.00 | 0. 32 | 0.04 |
IC Markets – Standard | 15.06 | 3.01 | 0.90 | 1.12 | 2.02 | 1.43 | 2.31 | 1.58 | 1.70 | 0.89 | 0.18 | 0.03 |
XM – Standard | 73.16 | 5.14 | 1.35 | 1.61 | 4.10 | 2.45 | 3.61 | 3.16 | 3.08 | 4.39 | - | - |
FxPro – Standard | - | - | 1.36 | 1.62 | 3.50 | 1.55 | 3.78 | 3.49 | 4.10 | 2.43 | - | - |
Pepperstone – Standard | 19.34 | 3.01 | 0.90 | 1.13 | 2.01 | 1.43 | 2.32 | 1.58 | 1.68 | 0.89 | 0.17 | 0.03 |
Axi – Pro | 25.07 | 2.30 | 0.53 | 1.14 | 1.81 | 0.71 | 1.40 | 1.46 | 1.20 | 2.00 | 0.16 | 0.02 |
Swap Rates/Financing Fees
Swap fees, also known as financing fees, are the costs associated with holding a trading position overnight. These fees can be positive (paying out) or negative (costing money), depending on the interest rate differential between the currencies involved.
Grand Capital has relatively high average swap rates compared to the industry-leading brokers, which could result in higher costs for traders holding positions overnight.
Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
---|---|---|---|---|---|---|---|---|
Grand Capital | -- | -8.61 | -2.40 | -2.38 | -27.47 | 16.90 | 5.00 | -41.33 |
HFM | -- | -7.43 | -0.14 | -0.15 | -3.58 | 0.00 | 0.00 | -40.72 |
IC Markets | -- | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
XM | -- | -5.29 | -0.15 | -0.19 | -3.73 | 1.12 | 19.67 | -48.45 |
FxPro | -- | -4.03 | -0.14 | -0.15 | -3.33 | 1.02 | 19.15 | -40.75 |
Pepperstone | -- | -3.00 | -0.14 | -0.14 | -2.70 | 1.30 | 22.99 | -39.29 |
Axi | Best | -1.57 | -0.04 | -0.13 | -2.65 | 1.40 | 20.00 | -28.00 |
Comparison to other Brokers
When comparing Grand Capital to other brokers, it is clear that while it offers some competitive advantages such as high leverage and negative balance protection, it falls short in several key areas. The broker has only a single user review with a low rating of 1.0 out of 5, and it is not regulated by a major financial authority.
Its spreads and costs are competitive, but its swap rates are relatively high compared to industry leaders. The lack of a deposit compensation scheme and public financial transparency also raises concerns.
Overall, while Grand Capital may appeal to some traders due to its leverage and platform offerings, other brokers such as IC Markets, Pepperstone, and Axi may offer better regulatory oversight and user satisfaction.
Trading Platforms - Mobile, Desktop, Automated
Platform | Mobile | Automated Trading | Programming Language | Ease of Learnability |
---|---|---|---|---|
MetaTrader 4 | Yes | Yes | MQL4 | Moderate |
MetaTrader 5 | Yes | Yes | MQL5 | Moderate |
Grand Capital offers both MetaTrader 4 and MetaTrader 5 platforms, which are available for desktop, mobile, and web. These platforms are renowned for their robust features, advanced charting tools, and support for automated trading.
The MetaTrader platforms use MQL4 and MQL5 programming languages, which are specifically designed for developing trading algorithms and are moderately easy to learn for traders with some programming background.
What Can you Trade?
Asset Class | Number of Instruments |
---|---|
Forex CFD | 54 |
Crypto CFD | 48 |
Stock CFD | 100+ |
Stock Index CFD | 11 |
Commodities CFD | 10 |
ETFs | 7 |
Futures CFD | - |
Grand Capital offers a wide range of tradable instruments across various asset classes. Traders can access forex, crypto, stock, stock index, commodities, and ETF CFDs.
However, it is important to note that trading CFDs means you do not own the underlying assets but rather trade on their price movements. This allows for leverage, which can amplify both gains and losses. For a detailed list of all available instruments, visit the broker's website.
Available Leverage
Grand Capital offers leverage up to 3000:1, which is significantly higher than many other brokers. High leverage can be advantageous for experienced traders looking to maximize their trading potential, but it also increases the risk of substantial losses. Therefore, traders should use leverage cautiously and ensure they have adequate risk management strategies in place.
Prohibited Countries
Grand Capital cannot open client accounts for residents of certain countries. For the most up-to-date list of prohibited countries, it is recommended to check directly on the Grand Capital's website.
Grand Capital Account types
Standard | MT5 | Micro | ECN Prime | Swap Free | |
Commission | FOREX: $0 CFD: $14—$15 CFD STOCK USA: 0.1% CFD ETF: 0.1% | FOREX, Metals, Indices, Energies: $5–$10 CFD USA, EURO, Russia, Asia: 0.1% Crypto: 0.5% CFD ETF: 0.1% | $0 | FOREX, Metals, Energies: $5; Indices: $7; CFD ETF: 0.1% CFD STOCK USA: 0.1% CFD STOCK EU: 0.1% | FOREX: $5* FOREX METALS: $10* CFD INDICES: $30* CFD ENERGIES: $45* CFD METALS: $50* CFD CURRENCIES: $35* CFD BONDS: $55* CFD SOFTS, GRAINS, MEATS: $10* CFD STOCK: USA, Russian: 0.10%* *one lot per day |
Maximum leverage | 1000:1 | 100:1 | 500:1 | 3000:1 | 1000:1 |
Mobile Platform | MT4 Mobile | MT5 Mobile | MT4 Mobile | ||
Trading platform | MT4, WebTrader | MT5, WebTrader | MT4, WebTrader | ||
Spread Type | Variable Spread | ||||
Minimum Deposit | 100 | 10 | 500 | 100 | |
Minimum Trade Size | 0.01 | ||||
Trailing Stops | |||||
Scalping Allowed | |||||
Hedging Allowed | |||||
Islamic Accounts |
Standard | |
Commission | FOREX: $0 CFD: $14—$15 CFD STOCK USA: 0.1% CFD ETF: 0.1% |
Maximum leverage | 1000:1 |
Typical Spread | from 1 pip |
Trading platform | MT4WebTrader |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
MT5 | |
Commission | FOREX, Metals, Indices, Energies: $5–$10 CFD USA, EURO, Russia, Asia: 0.1% Crypto: 0.5% CFD ETF: 0.1% |
Maximum leverage | 100:1 |
Typical Spread | from 0.4 pips |
Trading platform | MT5WebTrader |
Mobile platform | MT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Micro | |
Commission | $0 |
Maximum leverage | 500:1 |
Typical Spread | from 1 pip |
Trading platform | MT4WebTrader |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 10 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
ECN Prime | |
Commission | FOREX, Metals, Energies: $5; Indices: $7; CFD ETF: 0.1% CFD STOCK USA: 0.1% CFD STOCK EU: 0.1% |
Maximum leverage | 3000:1 |
Typical Spread | from 0.4 pips |
Trading platform | MT4WebTrader |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 500 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Swap Free | |
Commission | FOREX: $5* FOREX METALS: $10* CFD INDICES: $30* CFD ENERGIES: $45* CFD METALS: $50* CFD CURRENCIES: $35* CFD BONDS: $55* CFD SOFTS, GRAINS, MEATS: $10* CFD STOCK: USA, Russian: 0.10%* *one lot per day |
Maximum leverage | 1000:1 |
Typical Spread | from 1 pip |
Trading platform | MT4WebTrader |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Grand Capital Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
grandcapital.net
|
Organic monthly visits | 57,087 (99%) |
Organic traffic rank | 152 out of 827 (Forex Brokers) |
Paid monthly visits | 335 (1%) |
Total monthly visits | 57,422 |
Bounce rate | 45% |
Pages per visit | 8.29 |
Average visit duration | 00:02:25.9490000 |
Grand Capital Profile
Company Name | Grand Capital Ltd |
Categories | Forex Brokers |
Primary Category | Forex Brokers |
Year Founded | 2006 |
Office Locations | Seychelles, United Kingdom |
Support Languages | English |
Financial Instruments | Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals |
Prohibited Countries | Japan, United States |
Grand Capital User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
Grand Capital Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Grand Capital Limited
Saint Vincent and the Grenadines |
3000 : 1 |
Grand Capital Symbols
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