Written by David Johnson
Edited by Jason Peterson
Fact checked by Angelo Martins
Human moderated by Jason Peterson
Last updated August, 2024

Grand Capital Overall rating

1.7
Ranked 394 out of 827 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 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.
* As of July 22, 2024

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

* As of July 22, 2024

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

* As of July 22, 2024

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

* As of July 22, 2024

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
CommissionFOREX: $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%
$0FOREX, 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 leverage1000:1100:1500:13000:11000:1
Mobile PlatformMT4 MobileMT5 MobileMT4 Mobile
Trading platformMT4, WebTraderMT5, WebTraderMT4, WebTrader
Spread TypeVariable Spread
Minimum Deposit10010500100
Minimum Trade Size0.01
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
Segregated Accounts
Negative balance protection

Grand Capital User reviews

1.0
(1 )
Ranked 81 out of 827 (Forex Brokers)
This rating is based on 0 reviews by users that proved they are real customers of this company and 1 that did not. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

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.

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Grand Capital Regulation / Money Protection

0.0
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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