Opinions and information about the Grand Capital broker
¿It is the truly reliable Grand Capital broker? Is it safe for you to invest your money with this company? In this section we will analyze the broker and its reputation as such on the internet.
We invite anyone who has experience with this company, to leave a comment with their experience and to give a score to the broker according to their experience with it.
It should be noted that the broker's website is in English, but due to messages from apparent Grand Capital clients we have also decided to review the company.
The Grand Capital broker is a binary options broker.
The broker mentions to be part of Grand Capital ltd.
Grand Capital is based in: Seychelles.
If we talk about regulation, Grand Capital is: we will explain. In theory it is a regulated broker, since it has the regulation of the Financial Commission, the problem is that the Financial Commission is an independent entity, it does not belong to any government as the best regulations do, such as the FCA of the United Kingdom. Therefore, in our opinion, Grand Capital is an UNREGULATED broker, since we do not know this regulatory body and its seriousness.
We will continue to analyze the different account types that Grand Capital offers. In the case of Grand Capital we note that it offers: 5 different types; the Micro Account, the Standard Account, the ECN Account, the Swap Free Account and the Options Account.
We will start with Micro account- Minimum initial deposit of $ 10, spread from 1 point, commission of $ 0, leverage up to 1: 500, market execution.
Standard Account- Minimum initial deposit of $ 100, spread from 1 point, commission of $ 0 (in forex) and $ 15 (in CFD), leverage up to 1: 2000, market execution and instantaneous.
This is followed by ECN account- Minimum initial deposit of $ 500, spread from 0.4 points, commission of $ 5, leverage up to 1: 100, market execution.
The fourth type of account is the Swap Free Account- Minimum initial deposit of $ 100, spread from 1 point, commission of $ 15 (CFDs), leverage up to 1: 2000, market execution.
The platforms used to trade are: MT4.
Now, yes, we will go on to analyze the different resources and aids that the broker provides to traders on its website: basic explanations about the different instruments that can be traded (remember that the entire website is in English), economic calendar, reviews of the market, video lessons on also concepts of the world of trading and binary options.
Grand Capital broker features
Additional information about the company
Phone number: - (not provided)
Clarification: The Grand Capital broker works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
Grand Capital valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is still not very clear, but we suggest caution. Why? Although we have not found negative comments about the broker, it is a binary options broker, unregulated and apparently has Russian origins.
January 2021 update: CMVM, Portuguese financial regulator, has denounced Grand Capital due to fraudulent maneuvers.
Do you know this broker? Do you think our opinion is not correct? Have you operated with him? Leave a comment with your experience.
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