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Grand Capital Account Types

Grand Capital Account Types

 

 

 

Overall Rating

4.7/5

Rated #202 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

📱 Trading Desk

Meta Trader 4, Meta Trader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Grand Capital provides three different account types e.g., Standard Account, MT5 Account, and ECN Prime Account. Each account type has its own set of conditions for commission, margin call, and leverage, and minimum deposits.

Finding a reputable list about Grand Capital account types local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth account types Review regarding this regulated Forex company, which will assist traders to make an informed decision when it comes to the various Forex trading accounts made available.

 

Grand Capital Overview

Grand Capital appears to be one of the oldest brokers in Russia. At the same time, the company maintains a balance between traditional proven strategies and new cutting-edge solutions.

Today Grand Capital offers Forex trading, binary options, CFDs, investment portfolios of up to 330 assets of the stock and commodities markets, and so on.

Grand Capital is a titled broker. The company participates in the largest Forex-industry exhibitions and has received numerous awards from the professional community.

The Grand Capital Group comprises two companies, both named Grand Capital Ltd, based in St Vincent and the Grenadines and Seychelles.

The broker is a member of both Serenity and the Financial Commission, which are dispute resolution and compensation bodies.

Grand Capital serves several regions and has over 40 locations globally, a number of which are in Russia.

The broker has recently opened a data center in Hong Kong and has a strong presence in Asia including offices in Myanmar, India, Malaysia, and Indonesia.

The group also has newly opened offices in Nigeria, Namibia, Kenya, and South Africa.

Clients at Grand Capital can expand their portfolio with over 330 trading instruments across a range of markets:

  • Forex – Over 50 major and exotic pairs
  • Cryptocurrency – 68 pairs such as Bitcoin and Ethereum
  • Stocks – Available on global companies such as Amazon
  • Indices – 12 exchanges including NASDAQ and FTSE100
  • Spot metals – Five metals including gold and silver
  • Energies – WTI and Brent crude oil

 

Other CFDs – Softs, grains, bonds, and meats

 

Grand Capital Account Types

Grand Capital offers three primary account types, which are Standard, MT5, and ECN Prime Accounts. These are followed by the Micro, Crypto, and Swap-free accounts.

 

Grand Capital Account Features

 

Standard Account

  • The widest range of trading instruments: currency pairs, metals, CFDs.
    Best choice for Forex trading.
  • Deposits from $100
  • Loyalty programs
  • 330 CFD & Forex

 

MT5 Account

  • The perfect account for algorithmic trading in MT5. Small spreads and excellent execution.
  • Over 300 instruments
  • Deposits from $100
  • Robot trading

 

ECN Prime Account

  • Account for experienced traders. ECN Pro is perfect for scalping, news trading, and using robots.
    The minimum deposit is $500.
  • Immediate execution
  • High liquidity
  • Tight spreads

 

Micro Account

  • Great opportunity to start trading on a cent account with a deposit of $10.
  • Deposits from $10
  • 66 trading instruments
  • 1:500 leverage

 

Crypto Account

  • Cryptocurrency trading at the peak of popularity! High profits and the true thrill of trading.
  • Deposits from $100
  • 68 cryptocurrency pairs
  • Personal analyst

 

Swap-Free Account

  • No commission is charged when transferring positions through midnight.
    Designed specifically for traders of the Islamic faith.
  • Deposits from $100
  • Swap = 0
  • Wide variety of trading instruments

 

Grand Capital Demo Account

The Grand Capital practice account comes funded with $100 000 in virtual funds. By opening a demo account you gain access to all the features of a real account, but with virtual funds.

Demo accounts will help you understand the basics of Forex trading, learn your way around the trading terminal, try new indicators and EAs.

To open a free demo account with Grand Capital, simply use the following easy steps:

  1. Go to the Grand Capital website
  2. Choose the account type and click “Open”.
  3. Review all the settings in the pop-up window and change them if needed. Carefully read the documents listed at the bottom of the pop-up window and check the “I agree” box if you do. Click “Create”.
  4. The account number and the account password will be sent to the email address you provided upon registration.

 

Overall Rating

4.7/5

Rated #202 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

📱 Trading Desk

Meta Trader 4, Meta Trader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Grand Capital Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

Traders who are interested in registering for an Islamic account must contact Grand Capital’s customer support to verify the details of the account as conditions may have changed from the time of writing.

These changes are as per the broker’s discretion and/or changes in market conditions.

Grand Capital does not provide much information regarding the specific steps for opening an Islamic Account, although it is understood that an Islamic, or swap-free version can be opened for all of its live trading accounts.

In this case, the typical process would be to first register for the live account of your choice and thereafter apply for the account to be transferred to an Islamic version, so that it will no longer incur overnight fees, but retain all other trading conditions.

 

Pros and Cons

✔️ PROS ❌ CONS
Islamic Account available

MetaTrader available

Wide range of deposit options

Easy account opening process

Demo account available

Low minimum deposit

Little information provided on the account opening process

Spreads are not very tight

Commission charged on the Islamic account

 

You might also like: Grand Capital Minimum Deposit

You might also like: Grand Capital Demo Account

You might also like: Grand Capital Fees and Spreads

You might also like: Grand Capital Sign up Bonus

You might also like: Grand Capital Islamic Account

 

 

Grand Capital at a Glance

Broker’s Name Grand Capital
Headquartered Moscow, St Vincent, Seychelles
Year Founded 2006
Regulating Authorities FinaCom
Countries not accepted for trade United States, Japan
Contact Number Not available
E-Mail Address [email protected]
Website https://grandcapital.net/
Islamic Account (Swap Free) Yes
Demo Account Yes
Institutional Accounts No
Managed Accounts No
Maximum Leverage 1:1000
Minimum Deposit $10
Deposit Options
  • Mastercard, Maestro
  • Bank Transfer
  • AdvCash
  • Bitcoin
  • Ethereum
  • FasaPay
  • Help2Pay
  • Neteller
  • Ngan Luong
  • PayRetailers
  • PayTrust
  • Payeer
  • Paylivre
  • Perfect Money
  • Ripple
  • Skrill Tether
  • Thunder X
  • Vload
  • WebMoney
Withdrawal Options
  • AdvCash
  • Bitcoin
  • Ethereum
  • FasaPay
  • Help2Pay
  • Neteller
  • Ngan Luong
  • PayRetailers
  • PayTrust
  • Payeer
  • Paylivre
  • Perfect Money
  • Ripple
  • Skrill Tether
  • Thunder X
  • Vload
  • WebMoney
Platform Types MT4, MT5, WebTrader
OS Compatibility Windows, Mobile, Web, iPhone, iPad

PC and Mac OS, mobile for Android and IOS

Tradable Assets
  • Forex – Over 50 major and exotic pairs
  • Cryptocurrency – 68 pairs such as Bitcoin and Ethereum
  • Stocks – Available on global companies such as Amazon
  • Indices – 12 exchanges including NASDAQ and FTSE100
  • Spot metals – Five metals including gold and silver
  • Energies – WTI and Brent crude oil
  • Other CFDs – Softs, grains, bonds, and meats
Languages supported on Website English, Russian, German, French, Spanish, Portuguese, Polish, Vietnamese, Hindi, Japanese, etc
Customer Support Languages English, Russian, German, French, Spanish, Portuguese, Polish, Vietnamese, Hindi, Japanese, etc
Customer Service Hours 24/7

 

FAQ’s

 

Trading Environment

 

How many instruments can I trade with Grand Capital?

You can trade the following financial instruments:

  • Forex – Over 50 major and exotic pairs
  • Cryptocurrency – 68 pairs such as Bitcoin and Ethereum
  • Stocks – Available on global companies such as Amazon
  • Indices – 12 exchanges including NASDAQ and FTSE100
  • Spot metals – Five metals including gold and silver
  • Energies – WTI and Brent crude oil
  • Other CFDs – Softs, grains, bonds, and meats

 

Which platforms are supported by Grand Capital?

Grand Capital provides MT4, MT5, and WebTrader

 

Does Grand Capital offer leverage?

Yes. Grand Capital offers maximum leverage of up to 1:1000

 

What spreads can I expect with Grand Capital?

The average EURUSD spread is 1.7 pips on the Standard, Micro, and Swap Free accounts, and 7 pips on the ECN Prime and MT5 accounts. These are much higher than the average online brokerage.

 

Does Grand Capital charge commission?

Yes, Grand Capital also charges commissions on many trades, although trades on the Micro account are fee-free.

  • Crypto – 0.5% commission
  • ECN Prime – Forex, metals, and energies at $5, indices at $7
  • Standard – CFDs at $14-15
  • Swap-Free – Forex at $4-10, indices at $30, energies at $45, metals at $50
  • MT5 – Forex, metals, indices, and energies at $5-10
  • Stocks – charged at 0.1% for all accounts

 

Are there additional charges on the Islamic account?

Yes, the commission is charged. Forex at $4-10, indices at $30, energies at $45, metals at $50.

 

Is Grand Capital regulated?

Yes. Grand Capital is regulated by the FinaCom

 

Is Grand Capital a recommended forex trading broker for experts and beginners?

Yes. Grand Capital caters to both beginners and experts.

 

What is the overall rating out of 10 for Grand Capital?

7/10.

 

Accounts

 

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does Grand Capital offer a demo account?

Yes.

 

For how long is the demo account valid?

Not indicated

 

Does Grand Capital offer the option of an Islamic Account?

Yes

 

Which live trading accounts does Grand Capital offer?

Standard Account, MT5 Account, and ECN Prime Account

 

What are the available deposit currencies for a live trading account?

  • EUR
  • RUR
  • USD
  • NAD
  • NGN
  • NRL
  • INR
  • BTC
  • ETH
  • IDR
  • VND
  • MYR
  • THB
  • XRP
  • USDT
  • MMK
  • KHR
  • LAK

 

Deposits and Withdrawals

 

What is the minimum deposit for Grand Capital?

$10

 

How do I make a deposit and withdrawal with Grand Capital?

  • Mastercard, Maestro
  • Bank Transfer
  • AdvCash
  • Bitcoin
  • Ethereum
  • FasaPay
  • Help2Pay
  • Neteller
  • Ngan Luong
  • PayRetailers
  • PayTrust
  • Payeer
  • Paylivre
  • Perfect Money
  • Ripple
  • Skrill Tether
  • Thunder X
  • Vload
  • WebMoney

 

Does Grand Capital charge withdrawal fees?

Yes, these vary depending on the withdrawal method

 

How long does it take to make a withdrawal?

E-payments take about 10 minutes, bank wire transfers can take up to 5 working days depending on your location

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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