Grand capital scam
Grand capital has been working in the brokerage market for 10 years, and every year the company increases its trading volumes.
My list of forex bonuses
Grand capital review
Overview
Grand capital has been working in the field of integrated services in financial markets since 2006. For this period the company has opened more than 30 regional offices around the globe.
Details
| broker | grand capital |
|---|---|
| website URL | grandcapital.Net |
| founded | 2006 |
| headquarters | russia, moscow, teterinsky per., 4, building 1, office 213 |
| support number | 8-800-333-1003, +7 (495) 134-05-06 |
| support types | chat, phone, contact form, e-mail, forum |
| minimum 1st deposit | $10 |
| minimum trade amount | $1 |
| bonus | 5 types of bonuses |
| payout | up to 86% |
| leverage | 1:1-1:2000 |
| spread | from 0.4 points |
| free demo account | open demo |
| regulated | |
| regulation | KROUFR |
| deposit methods | credit/debit cards, bank transfer, qiwi, [email protected], neteller, moneta.Ru, moneygram, yandex.Money, webmoney, etc. |
| Withdrawal methods | credit/debit cards, bank transfer, qiwi, neteller, moneta.Ru, yandex.Money, webmoney, etc. |
| Number of assets | 100+ |
| types of assets | CFD, futures, binary options |
| account currency | JPY, GBP, CHF, USD, EUR |
| US traders allowed | |
| mobile trading | |
| overall score | 8.5/10 |
Full review
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, etc. Grand capital is a titled broker. The company participates in the largest forex-industry exhibitions and receives awards from the professional community.
Trading accounts of grand capital are protected by two-factor verification. There are 5 types of trading accounts available to the company’s clients:
- A micro account with minimum deposit;
- A standard account with a wide choice of trading instruments;
- An option account for binary options;
- A ECN account for scalping and automatic systems;
- A swap free account for trading without swaps.
The company’s clients use metatrader-4 and webtrader for trading. They also make use of a mobile application.
Regulation of the broker
Grand capital is a member of finacom (the international finance commission). Finacom is an independent regulator in the field of forex trading.
Replenishment and withdrawal of funds
When it comes to depositing funds to your trading account in this company, you can use bank transfers, popular electronic payment systems, internet banks, etc. It will take you just one day to withdraw your earnings. The size of commission depends on the selected operator.
Complaints about grand capital
Grand capital has been on the market for a long time, so you can find many reviews about the broker on the internet. We have thoroughly analyzed the responses of traders and come up with the following conclusions. In most cases traders appreciate the terms of execution of orders, withdrawal of funds and the trading process in general. As for negative reviews, they seem to be responses from non-existent clients because their authors ignore the questions of the company’s representatives. It’s a good thing that grand capital rapidly reacts to the claims, responds to negative comments and understands the client’s problems.
If we find complaints about grand capital, we will post it on social media. Follow us to be well informed:
Is grand capital a scam?
Grand capital has been working in the brokerage market for 10 years, and every year the company increases its trading volumes. It’s a true fact in favor of the reliability of the broker. The activities of grand capital are regulated by finacom.
Bonuses
Grand capital has developed an extensive bonus program for its customers. The most popular bonuses of the company include: a no-deposit bonus of $500 for beginners, a bonus of 40% for any replenishment, bonus compensation for an unsuccessful trading day, rewards for inviting friends.
Summary
When dealing with grand capital, you can trade in various currency pairs, metals, indices, cfds, shares of various companies. In addition to such traditional assets as USD and EUR you can also open a trading account in swiss francs, british pounds and japanese yens. Those who prefer commodities can opt for gold, silver, palladium and platinum.
Grand capital offers its clients high quality investment services. For example, it’s possible to copy transactions of successful LAMM traders as well as investment portfolios. This move will help to minimize risks in your trading.
Deposits with the broker start at $10. The maximum leverage is 1:2000. The broker allows the use of trading robots and advisers. The withdrawal of funds from the broker occurs without delay. Grand capital conducts four regular competitions, three of which have to do with demo accounts.
Conclusion
Grand capital is a stable broker. Among the key advantages we should mention a large selection of tools for trading, a flexible premium program, interesting investment services, fast withdrawal of funds and high reliability of the brand (the company has been operating on the market since 2006).
Reviews
Excellent trading experience. What really liked is the platform. How many worked with different companies, this trading is more than satisfied with the rest.
I am seriously said its scam company, I am received practical experience its scam scam scam…………….
Grand capital review
In this review, we will describe why grand capital is a scam that you should avoid at all cost !
Is grand capital legit?
Looking at grand capital website, it shows that they are owned by grand capital ltd. Grand capital ltd. Is located in the seychelles, a well-known offshore zone and a preferred location for shady brokerage. Grand capital is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why grand capital is a dangerous broker to deal with.
Are funds safe with grand capital ?
With such lack of information and grand capital being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is grand capital is withholding vital information to users.
Grand capital could go bankrupt from one day to another since there are no banking information about this broker.
Fill out the form below and get a FREE consultation today. (if you lost more than $5,000, please use the chat).
Grand capital review: our conclusion!
Grand capital is an unregulated broker to avoid at all cost. If you have been scammed, check out our chargeback process here or get a free consultation by a team of expert by clicking here.
Grandcapital review
Overview
Table of contents
Website
Company
Address
Phone
Regulation
Unregulated, blacklisted, offshore
Warning
Rating
Grandcapital details
Grandcapital is an online trading 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 number at +60179861002 +593987279765 +22507062277 or by email at [email protected].
Their website can be found at : grandcapital.Net
Traders opinion
To avoid being scammed by a con artist’s scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (facebook, twitter, instagram…) and trading forums, we found out that some users are unhappy about their experience with grandcapital and wrote mixed reviews about it.
It seems like grandcapital is not a reliable broker and you should take that into consideration before investing.
If you don’t want to be the next victim of a fraudulent broker operating with a fake company, always do your own research first.
Is grandcapital legit or a scam?
This is the most important thing you need to know about a broker before using it. Is grandcapital 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 complain about it unless they are licensed by a serious regulator such as:
- The cyprus securities and exchange commission (cysec)
- The financial conduct authority (FCA)
- The australian securities and investments commission (ASIC)
An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
You should definitely avoid any unregulated or offshore trading compagnies!
How online trading scams work
The common used strategy by fraudsters is to first display some winning trades on your account to give you the impression that you are quickly and effortlessly making money. This allow them to gain some trust and confidence from you.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend your account and you probably won’t hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
GRAND CAPITAL SCAM
Mazahir
Recruit
I want to inform all clients working with the broker grandcapital.Net that this is a very very big scam. Stealing client's money by offering bonuses and then if you made profit you will be kicked off legally.
I was offered bonus and when I start and deposit more than USD4000 total in my 3 accounts 485323, 485600 and 500528 they give me bonus 115%. Then I trade for a week and make almost USD11000 profit. Then I requested withdrawal on 2nd of NOV 2016. Now they start delaying and after 7 days on 10th of NOV they block my member area access and then disabled my 3 accounts. I can not access my accounts and can not login to my member area. I go to live chat at website and talk. They told you will get email after an hour and I received this email after an hour,
dear ali mazahir,
According to the client agreement "5.7. The company has the right on its own discretion to invalidate any client’s trading transaction or close one or several client’s positions at a current price at any time, in case the client violates the present agreement and/or relevant regulations." and "5.8.To suspend service provision to the client at any time, in case reasonable grounds are present, without prior notification of the client and without disclosing the reasons." your initial deposit has been sent to your details.
When I ask reason, they said we can not tell reason.
I have all proofs regarding my case some snapshot I am uploading for reference.
At live chat you can clearly see the tone of their lies. Also they have accept at live chat by saying "YES YOU HAVE PROFIT". I request you to invite them and I will prove everything they demand. They are ruining trader's lives.
Attachments
Mazahir
Recruit
I want to inform all clients working with the broker grandcapital.Net that this is a very very big scam. Stealing client's money by offering bonuses and then if you made profit you will be kicked off legally.
I was offered bonus and when I start and deposit more than USD4000 total in my 3 accounts 485323, 485600 and 500528 they give me bonus 115%. Then I trade for a week and make almost USD11000 profit. Then I requested withdrawal on 2nd of NOV 2016. Now they start delaying and after 7 days on 10th of NOV they block my member area access and then disabled my 3 accounts. I can not access my accounts and can not login to my member area. I go to live chat at website and talk. They told you will get email after an hour and I received this email after an hour,
dear ali mazahir,
According to the client agreement "5.7. The company has the right on its own discretion to invalidate any client’s trading transaction or close one or several client’s positions at a current price at any time, in case the client violates the present agreement and/or relevant regulations." and "5.8.To suspend service provision to the client at any time, in case reasonable grounds are present, without prior notification of the client and without disclosing the reasons." your initial deposit has been sent to your details.
When I ask reason, they said we can not tell reason.
I have all proofs regarding my case some snapshot I am uploading for reference.
At live chat you can clearly see the tone of their lies. Also they have accept at live chat by saying "YES YOU HAVE PROFIT". I request you to invite them and I will prove everything they demand. They are ruining trader's lives.
Attachments
Fxmaster
Lt. Colonel
I want to inform all clients working with the broker grandcapital.Net that this is a very very big scam. Stealing client's money by offering bonuses and then if you made profit you will be kicked off legally.
I was offered bonus and when I start and deposit more than USD4000 total in my 3 accounts 485323, 485600 and 500528 they give me bonus 115%. Then I trade for a week and make almost USD11000 profit. Then I requested withdrawal on 2nd of NOV 2016. Now they start delaying and after 7 days on 10th of NOV they block my member area access and then disabled my 3 accounts. I can not access my accounts and can not login to my member area. I go to live chat at website and talk. They told you will get email after an hour and I received this email after an hour,
dear ali mazahir,
According to the client agreement "5.7. The company has the right on its own discretion to invalidate any client’s trading transaction or close one or several client’s positions at a current price at any time, in case the client violates the present agreement and/or relevant regulations." and "5.8.To suspend service provision to the client at any time, in case reasonable grounds are present, without prior notification of the client and without disclosing the reasons." your initial deposit has been sent to your details.
When I ask reason, they said we can not tell reason.
I have all proofs regarding my case some snapshot I am uploading for reference.
At live chat you can clearly see the tone of their lies. Also they have accept at live chat by saying "YES YOU HAVE PROFIT". I request you to invite them and I will prove everything they demand. They are ruining trader's lives.
Fxmaster
Lt. Colonel
Grand capital
Grandcapital representative
I want to inform all clients working with the broker grandcapital.Net that this is a very very big scam. Stealing client's money by offering bonuses and then if you made profit you will be kicked off legally.
I was offered bonus and when I start and deposit more than USD4000 total in my 3 accounts 485323, 485600 and 500528 they give me bonus 115%. Then I trade for a week and make almost USD11000 profit. Then I requested withdrawal on 2nd of NOV 2016. Now they start delaying and after 7 days on 10th of NOV they block my member area access and then disabled my 3 accounts. I can not access my accounts and can not login to my member area. I go to live chat at website and talk. They told you will get email after an hour and I received this email after an hour,
dear ali mazahir,
According to the client agreement "5.7. The company has the right on its own discretion to invalidate any client’s trading transaction or close one or several client’s positions at a current price at any time, in case the client violates the present agreement and/or relevant regulations." and "5.8.To suspend service provision to the client at any time, in case reasonable grounds are present, without prior notification of the client and without disclosing the reasons." your initial deposit has been sent to your details.
When I ask reason, they said we can not tell reason.
I have all proofs regarding my case some snapshot I am uploading for reference.
At live chat you can clearly see the tone of their lies. Also they have accept at live chat by saying "YES YOU HAVE PROFIT". I request you to invite them and I will prove everything they demand. They are ruining trader's lives.
Hi mazahir,
on the 2nd on november you contacted our customer support, asking about the withdrawal terms as a bonus was granted upon your deposit. To address your question, our support manager looked into your account, which showed profit, as we can see on the second livechat screenshot you submitted.
After the mentioned conversation, you created a withdrawal request. For security reasons and to detect abuse of bonus rules, etc. Accounts are reviewed prior to withdrawal. A suspicious activity was detected on your account and a thourough investigetion resulted in a blockage of your account as per the pp 5.7 and 5.8 of the client agreement you cited above. You were notified by email (the 1st livechat screenshot you attached).
Please note that grand capital does not tolerate abuse of our systems of any sort. On the 9th of november all the funds initially deposited by you were retuned back to your skrill account in the amount of 4 170 USD(attached are the screenshots of the transactions) and you were permanently banned from using grand capital services.
Attachments
Grand capital
Grandcapital representative
I want to inform all clients working with the broker grandcapital.Net that this is a very very big scam. Stealing client's money by offering bonuses and then if you made profit you will be kicked off legally.
I was offered bonus and when I start and deposit more than USD4000 total in my 3 accounts 485323, 485600 and 500528 they give me bonus 115%. Then I trade for a week and make almost USD11000 profit. Then I requested withdrawal on 2nd of NOV 2016. Now they start delaying and after 7 days on 10th of NOV they block my member area access and then disabled my 3 accounts. I can not access my accounts and can not login to my member area. I go to live chat at website and talk. They told you will get email after an hour and I received this email after an hour,
dear ali mazahir,
According to the client agreement "5.7. The company has the right on its own discretion to invalidate any client’s trading transaction or close one or several client’s positions at a current price at any time, in case the client violates the present agreement and/or relevant regulations." and "5.8.To suspend service provision to the client at any time, in case reasonable grounds are present, without prior notification of the client and without disclosing the reasons." your initial deposit has been sent to your details.
When I ask reason, they said we can not tell reason.
I have all proofs regarding my case some snapshot I am uploading for reference.
At live chat you can clearly see the tone of their lies. Also they have accept at live chat by saying "YES YOU HAVE PROFIT". I request you to invite them and I will prove everything they demand. They are ruining trader's lives.
Hi mazahir,
on the 2nd on november you contacted our customer support, asking about the withdrawal terms as a bonus was granted upon your deposit. To address your question, our support manager looked into your account, which showed profit, as we can see on the second livechat screenshot you submitted.
After the mentioned conversation, you created a withdrawal request. For security reasons and to detect abuse of bonus rules, etc. Accounts are reviewed prior to withdrawal. A suspicious activity was detected on your account and a thourough investigetion resulted in a blockage of your account as per the pp 5.7 and 5.8 of the client agreement you cited above. You were notified by email (the 1st livechat screenshot you attached).
Please note that grand capital does not tolerate abuse of our systems of any sort. On the 9th of november all the funds initially deposited by you were retuned back to your skrill account in the amount of 4 170 USD(attached are the screenshots of the transactions) and you were permanently banned from using grand capital services.
Grand capital review 2021 : scam or not?
Overall ratings
Satisfaction
Assests
Margin money
Broker charges
A brief history
Introduction:
The broker sounds too good to be true and when something sounds too good to be true, it probably isn’t. Same is the case with the broker grand capital. The broker creates a picture of a safe trade in the min of the trader at the same time, eating out his profits in terms of commissions and spreads.
Grand capital: account types
The broker offers more than trading accounts. So many accounts create a sense of confusion in the head of the trader and when that happens, loss incurs. The trader may opt for an account that is less suited and the broker just won’t care. Instead of elaborating how each account works and for whom it works best, the broker provides whichever account the trader asks for. A responsible broker should make sure that the trade holds an account that is best suited according to the level of expertise he has.
One of the accounts of the brokers asks for $500 as a minimum balance to trade. This account is an ECN account which means that the broker has a third party liquidity provider involved here. Such liquidity providers move the market at their will and towards the direction of their profits. The broker at one point of time astarts acting as the broker of the provider instead of being the broker of the trader.
The broker differentiates its account on th basis of the trading platform. The older version of metatrader, MT4, has 4 tradable accounts while the updated version only provides with an ECN account. ECN brokers are not considered safe by day traders because they move spreads at their will, mostly when the market is volatile. The broker does not offer algorithmic trading on the mobile app which is not working in its own end.
Spreads, commissions and leverage;
The broker asks for a large number of spreads when it comes to profit sharing. The commission on a CFD trade is $15 and that for a CFD ETF is 0.1% of the total trade. These rates are very much higher compared to what the market in general offers. There is no account that does not ask for spreads. Some ask for 0.5 pips. Some ask for 1 pip, but the commission exists. The broker also puts a limit to stop-loss orders. This can be seen as a scam approach to make sure that the trader’s loss is magnified as much as possible.
The broker grand capital provides unimaginably negative leverage ranging from 1:300 to 1:500. The more leverage a trader is exposed to, more are the chances of him losing the trade.
Grand capital: education and research:
The broker offers fake daily reviews in the name of education material and the economic calendar looks so fake. The broker fails to make worthy content in terms of education for its users. A novice trader can feel cheated when he starts trading with the broker since there is not education material at all that is beneficial for the trader in any situation.
The broker wants a trader to first register with itself and then it claims to provide with the trading education material. This is a clear scheme to make leads and create hem into potential traders. Such traders have a little idea of the market and are bound to fail in initial trades.
Regulation:
The broker claims to be a part of a forex change industry, making itself a third party in the market. There is nor registration number of the broker online, making it a complete scam. The broker also does not mention its own name under the regulations part, instead, as discussed, mentions a third party.
How can a trader trust such a broker that does not even provide the registration number of the firm? This is a complete unprofessional behaviour, and the broker depicting such behaviour is a scam.
Scam/safe:
The broker is a complete scam because it does not mention its regulation or the registration number on the website. The broker also asks for spreads and commissions that cannot be understood. The third-party involvement of a firm that speaks in place of the broker also rates doubts as well as clarifies that the broker is not legitimate. We advise our traders to move their financial to other firms.
Tradable assets:
The broker claims to provide more than 300 tradable assets and at the same time fails to provide any proof for the same. The acceptable cryptocurrencies are just three, with more than 1000 cryptocurrencies already circulated in the market. The broker claims that there is no trading happening on stocks, while provides real-time information for assets like currencies and indices. It has to be noted that stocks are the most traded instrument while currencies are the most dangerous. The broker makes sure that the potential trader feels like trading with currencies and cryptocurrencies because they can generate the maximum profits for the broker.
Platforms:
The broker shoves the older version of a trading platform, at the same time making the newer version also available. The account types associated with MT4 are more than 4, while that of MT5 is just one. It is very clear that the broker wants the user to use an older version, giving him more variety on that. Older versions are replaced by updated ones because they have a lot of issues with them. They have very less features and a minimum number of indicators.
The deliberate use of such a platform inherently forces the trader to be on the wrong side of the trade.
The game of liquidity.
The broker provides an ECN account, deliberately making the liquidity providers third party for trades. This is more than stupid, less than serious and specifically not the acts of a legitimate broker. These brokers start acting as the brokers of the liquidity providers instead of the traders after a point if time and such providers make sure that the trader is always at the less profitable side of the trade.
Grand capital is a complete scam:
The broker is a complete scam, as we have researched and should be taken off of the market immediately. The broker completely ignores the needs of its traders and then goes on to claim that it cares about them. The spreads are uneven, the broker moves them at his will. The commissions are very high, making the broker unsuitable for day traders and the account types are messy on their own.
We recommend our traders move their financial to brokers that are more reliable. Brokers that have a street-rep that is more than enough for the traders to believe. Brokers like tradeatf, hftrading, primefin etc have been around for a very long time. At the same time, these brokers have made sure that the trader has all his needs satisfied and the customer base remains maintained.
Grand capital scam test
Founded way back in 2006, grand capital is one of the oldest brokers you can find on the market. This russian company started off as a forex broker, but now it’s entering the binary options industry, so we simply had to take a look at what it has to offer. Our reliable team of experts was deployed to check the quality and reliability of grand capital’s platform and look for any signs of a grand capital scam. As always, they have produced a thorough report with many interesting details. Keep reading and you will see why this company has managed to survive in this business for so long and develop into a much respected broker.
Grand capital scam test | platform(s)
Grand capital uses meta trader 4 as its trading platform, and we are happy to say that this has proven to be an excellent choice. The platform allows you to choose between more than 330 different trading instruments, including spot-metals, currency pairs, gold, silver, futures, indices and CFD stocks. This platform is also compatible with both ios and android mobile devices, so you will be able to access it whenever and wherever you want. One particularly interesting feature that caught our eye was the possibility to lock positions and manage several accounts at the same time. Your investment possibilities will therefore become greatly increased.
Grand capital meta trader 4
Another thing worth mentioning here is the existence of webtrader. Webtrader is an online trading platform which will be placed directly into your web browser, so you can have access to all trading information as soon as you start surfing the web. It is completely compatible with the aforementioned meta trader 4 and requires no installation, meaning that it only takes a few clicks to acquire this useful tool. It is extremely well designed, allowing you to keep your forex and binary options investments separated. Technical analysis, double touch options, one-click trading and many more interesting features are also available for binary options traders here and they can be easily tested with a grand capital demo account.
We can say with outmost confidence that both of these platforms function absolutely flawlessly. Our experts had no troubles accessing their trades, prices were accurate and generally there were no signs of a grand capital scam. Thumbs up!
Grand capital bonus page
Grand capital scam test | regulatory bodies
Grand capital is also a member of two regulatory organizations – KROUFR and CRFIN. The first one controls and regulates the financial markets in russia and seeks to protect all traders from scams while the second one is a non-profit organization focused on financial instruments and technologies. Both of them keep a watchful eye on all types of trading conducted in the russian federation, so that all traders can be immediately notified should a scam broker be discovered. Not only does this mean that a grand capital scam is not likely to happen, but is also shows this broker’s dedication to its clients and its willingness to make the markets in general a much safer place. This level of dedication is really hard to find these days in the financial business and, judging from the number of clients grand capital has, traders seem to appreciate it very much. For more interesting facts about this broker, visit our extensive grand capital review.
Grand capital scam test | money transfers
Even when it comes to transferring your money, this broker has plenty to offer. Four different currencies (euro, US dollar, chinese yuan and russian ruble) are accepted if you wish to perform a bank wire transfer. Mastercard and visa credit cards are also completely valid options for USD and RUB currencies, but electronic payment systems is where this broker truly excels. Over a dozen different brands are available for you to make your choice, starting with the good old neteller all the way to skrill and union pay. If none of these methods suit you, you can even pick a money order company such as western union or moneygram.
Grand capital deposit page
But the best thing here is that if you make a deposit larger than $300, you won’t need to pay any commissions. Grand capital has got you covered all the way. Obviously this does not apply to bank transfers because the broker cannot influence a bank’s policy, but for both credit card brands available, all electronic payment systems and handy bank money orders the fee applied to deposits above $300 is exactly 0%. For smaller deposits these commissions range from 0.5% to 4% (only neteller has a fee this high), but you will usually need to pay somewhere between 1% and 3% of your investment.
We have tested all of these transfer methods thoroughly and once again found absolutely no evidence of a grand capital scam. The commissions system works as promised and your money will be treated with all due respect here. This way you can fully focus on extracting profit from your trades.
Grand capital scam test | conclusion
To conclude, during our time with this broker we found absolutely no evidence of grand capital scam. How could we? The company has been a part of the financial industry for almost a decade now and if there was any grand capital scam here, you can be sure the broker wouldn’t have endured on the market for so long. Versatile platform and incredibly numerous transfer methods are the company’s main forte and these characteristics will enable you to have an absolutely wonderful trading experience. We should mention once again that grand capital is also actively involved in protecting the financial markets through various organizations, so we can safely say this broker really does everything in its power to help not just its clients, but all traders. Grand capital scam of any kind is simply not possible. So don’t wait, open an account with them today and see for yourself why grand capital has been present on the market for almost ten years. Right now, they are stronger than ever.
Scam online
Grand capital review
Grand capital information
- Website:
Scammed ? Get your money back.
If you are on this page it’s that you are victims of grand capital. You are surely unable to withdraw your money, it’s the most common scam of fraudulent brokers. We can help you get your money back, this is the best legal current solution if your bank doesn’t want to help you.
You just have to register to explain your situation, an expert will answer you quickly, the consultation is free.
Just click on the button below to get in touch with an expert or use our online chat (it’s better to use it if you lost more than $5000).
Grand capital regulation.
A broker must pay for regulated licenses to be able to offer trading. Grand capital doesn’t pay for licenses but it does offer trading which is prohibited by law.
Your money isn’t safe with grand capital.
To be able to offer trading, you must buy a regulatory license from a country where you want to settle. If you offer trading without licenses, you don’t respect the laws and become a fraudulent broker. Brokers who don’t have regulated licenses like grand capital will not give you your money back because they are outlaws.
Based in a country with weak regulations.
Grand capital is based in a country where the regulations are weak regarding trading. Countries like the marshall islands,vanuatu, seychelles, saint vincent and the grenadines, bermuda and bulgaria are deemed to be the location of fraudulent brokers because the legislation is weak.
Public warning against this broker.
The FSMA(belgium) has issued a public warning against grand capital. That is to say that he has offered trading in a country where he doesn’t have a regulated license. A broker who receives a public warning is a scam.
Never trust the broker.
It’s essential to always check the licenses of a broker because fraudulent brokers lie to make you deposit the maximum amount of money. If you unfortunately deposit your money and are asked to pay a fee to withdraw your money, don’t do it because you will give them even more money.
Get a chargeback now.
We put you in touch with the best money recovery company that has existed since 2016, mychargeback. We have received positive feedback from them and their experts are very professional. You just need to complete the form below (if you have lost more than $5000, use our chatbot directly). The consultation is free and doesn’t commit you to anything.
What are the chances of getting your money back?
Everything will depend on your file. Mychargeback has already helped many people and knows all the procedures to do with banks to build a solid file with you and recover your money. If you want to know more about the procedure, click here.
Our verdict.
Grand capital is a scam that doesn’t have regulated licenses. We advise you to avoid this broker if you don’t want to have a problem. If you have been a victim of this broker, don’t hesitate to leave us a comment to report this broker and avoid other people from being victims.
Grand capital review – is grand capital scam or legit broker?
I had been thinking to produce grand capital review for quite a while. Let’s begin by giving some information concerning the corporation. Grand capital was created in russia and it has been operating after all 2006. The broker is an award winner also it has experience for 1-2 years at the forex market. The broker is possessed by grand capital ltd., a firm situated in suite 102 aarti chambers, mont fleuri, victoria, mahe, seychelles.
Their site, grandcapital.Net, is shooting traffic from russia additionally. Grand capital could be your pioneer within the sphere of binary options and derivatives trading (CFD). Actually, the broker could be your before all else russian organization, that is incorporated binary options from metatrader 4.
Before investing together with this specific broker you ought to learn some critical info. Can be grand capital scam or not? What’s the broker’s trading platform? Is grand capital regulated? What are the trading conditions offered by grand capital such as account types, spreads, minimum deposit, and leverage? I will give the answers to these questions in this grandcapital review.
Grand capital regulation and investor protection
The broker is regulated by the financial commission (finacom), which is an independent self-regulatory organization and external dispute resolution (EDR) body, which is dedicated specifically to forex. The watchdog is located in hong kong but regulates a company from seychelles. That’s why the broker can’t provide me enough confidence.
The finacom acts as an unbiased third party in a debate from the forex currency and binary options marketplaces medially its associates and their clientele. It’s a reparation fund that also ensures conclusions up to $5,000 or $10,000 each client, based upon the regulated company’s type of permit. Grand capital is currently in B-category and some other clients of such business may be acceptable for reimbursement of up to $5000.
If we compare the company along with other folks. This regulator isn’t just a key financial watchdog whilst the government doesn’t back. In case the broker was governed by cysec ensured as much as 20,000 euro by investor compensation fund.
Account types and spreads
Grand capital provides three kinds of accounts. These reports include micro, standard, ECN prime. There are also swap-free accounts that referred to as islamic accounts to shareholders islamic belief. These reports are all commission-free except ECN prime. This really is a great convenience for grand capital because nearly all brokers possess commissions.
As you can observe from the table down from, the deposit to the micro accounts is $10. Conventional and islamic accounts possess the similarly trading requirements aside from implementation. The minimum consideration is currently $100 for all these accounts types. Customers of grand capital could choose medially instant and marketplace implementation and adjusted and changeable ranges on micro and standard account types.
| Account kind | minimum residue | spreads | minimum trade size | maximum leverage |
|---|---|---|---|---|
| micro | $10 | 2.2 pips on EUR/USD | 0.01 | 1:500 |
| standard | $100 | 2.2 pips on EUR/USD | 0.01 | 1:2000 |
| ECN prime | $500 | 1.2 pips on EUR/USD $5 lot | 0.01 | 1:100 |
Let’s speak concerning the spreads. Grand capital presents variable spreads over the commission-free accounts that have been totaled 2.2 pips on EUR/USD. It’s rather good for your forex marketplace. About ECN accounts, spreads are 1.2 pips and there’s the commission of 5 percent standard bunch.
If we say about the most leverage, then the broker offers a number among the highest within the business. It reaches 1:2000. But, traders ought to be attentive when utilizing high the leverage grades, because they face a greater danger of losses. The leverage might fluctuate according to account types. It’s 1:500 for both micro and 1:100 for ECN.
Trading platforms
Grand capital affirms the metatrader4 that’s the very popular platform amongst brokers and investors enjoy nearly all FX brokers. It’s popular as it’s easy to use plus it provides all of the vital tools and features for traders to test cost dynamics of financial tools, implement trades and produce.
Trading instruments
Grand capital broker now offers trading binary options along with different tools like forex, cryptocurrency, CFD and futures on the widely-used metatrader 4 stage under pretty great trading requirements. The cryptocurrencies given by the broker are bitcoin, ethereum, peercoin, namecoin, dashcoin, litecoin and much more. Currently there are 20 crypto pairs offered to trade around ECN prime accounts.
Customer service
There really is the livechat and they react fast. Their internet site has been well-designed and supports many languages like english, german, spanish, french, arabic, indonesian, russian, chinese, armenian and much more. Grand capital consists of multiple winners of russian and global exhibitions from the nominations – best binary options broker, best standard forex broker, best micro forex broker.
Deposit and withdrawal methods of grand capital
Grand capital provides to its customers ‘ various payment methods. These are wire transfer, credit/debit card maestro or credit card (visa, mastercard) and e-wallets, such as skrill, neteller, PAYEER, perfect money, fasapay, webmoney, okpay, moneta.Ru, regularpay, china unionpay, as crypto bitcoin, ethereumand others.
Deposits via wire take medially 3 and 5 working days, while credit card and e-wallet deposits are processed as fast as 15 minutes. Withdrawals is made through the similar methods and generally take up to 3 working days to process.
Conclusion
Grand capital is a forex broker who is regulated by the financial commission. This regulation is not as strong as FCA, ASIC or cysec. So, I don’t mean grand capital is actually a scam however you ought to be mindful. The spreads that grand capital supplies are quite high. There is always a good deal of brokers who’ve improved trading requirements and also you also are able to check my site to learn their reviews.
Grand capital broker review – scam or legit platform? We noticed some complaints!
Meta trader 5 is arguably one of the most preferred and celebrated online trading platforms and a huge number of brokers are relying on this impressive solution. Grand capital is one of these brokers who facilitate their clients with highly impressive MT5…
The reason why most of the traders prefer MT4 is that this platform doesn’t push you into the installation of plug-ins. Our followers are really keen to know more about grand capital and its services. The platform serves you with 330 trading instrument and we have realized that it is more focused on currencies. The expiry times range from one minute to 48 hours.
Are you a fan of binary options trading and looking for a much transparent and reliable platform? How reliable are grand capital scam complaints? Where does this platform operate from? And is it regulated? Our today’s review will respond to all of these important questions.
Grand capital review summary
Summary: Grand capital has claimed for some time that it will becoming licensed as a regulated broker but to date this has never happened & therefore there is simply no way we could ever recommend trading with an unlicensed broker – especially not one that has received several complaints about withdrawal problems. If you have lost money to grand capital then continue reading to see what you can do to get it back.
Quick navigation
To make things easier for you we’ve put together some links below which you can use to quickly navigate through all of the different sections of our in-depth grand capital review:
Grand capital background
Grand capital ltd. Owns and operates grand capital. The website contains the following information about the company:
- Address 1. Suite 305, griffith corporate centre, p.O.Box 1510, beachmont kingstown, st. Vincent, and the grenadines.
- Address 2. Suite 102 aarti chambers, mont fleuri, victoria, mahe, seychelles.
- Phone. +7 812 389 66 79
The platform offers CFD and forex trading as well. In addition, you can trade cryptocurrency. Capital trade offers 18 crypto-pairs and a total of 38 currency pairs. You can open an account by depositing just 10$. The website advertises that there is no deposit commission.
Before 2016, you required $50 as the minimum deposit but the revised policy now favors the traders. Overall, this is a good platform with above average trading features.
Is grand capital regulated?
Grand capital is NOT regulated by a governmental regulatory authority. Like many other brokers, grand capital has also sought refuge under the cover of an unusual regulation known as the finacom membership. Though, stanislav vaeev (CEO, grand capital) once mentioned in one of his interviews that the cysec regulation was on the way. But each passing day gives rise to the doubts.
Though, the features offered by this platform are above average, we’ll love to see grand capital acquire a more reliable license.
Grand capital became the member of the international financial commission in 2016. In 2018, the broker was included to the category A (the highest reliability level). The international financial commission is not regulated. It is basically a dispute resolution service that hires the services of the industry professionals to form a committee and resolve the disputes. Remember, the international financial commission only compensates for forex trading disputes.
Grand capital complaints
There are a few things we don’t really expect from a seemingly impressive trading platform. Grand capital takes advertising beyond the realistic limits. It promotes binary options trading as a low risk – high return activity but the reality is that it takes a lot of experience and wisdom to generate consistent profit.
We don’t like to see the likes of grand capital opting for private regulatory authorities and non-governmental entities for licensing and membership. It damages the level of transparency we have been looking for.
There are a few bad reviews about grand capital but upon investigation, we’ve reached the conclusion that these reviews are fairly biased. We have evidence to prove that this broker making life hard for its clients.
Grand capital withdrawal
Grand capital facilitates withdrawals via wire transfer, credit/debit card, and e-wallets (skrill, perfect money, webmoney, neteller, and many more).
The processing of the withdrawal via wire transfer requires from 3 business days to 5 business days. Of course, the withdrawal via credit/debit and virtual cards require no more than 15 minutes.
Is grand capital a scam?
We don’t believe in grand capital scam complaints. Yes, there are a number of factors that push the platform into the shady region. Grand capital ltd. Was introduced in 2006 and it began its activities from russia. The company is not a scam because we haven’t found anything significant to second the rumors against the company.
We don’t really appreciate the membership of the international financial commission. This is not a regulatory authority and on top of that, it only resolves the issues related to forex trading.
Our verdict on grand capital
We DO NOT recommend grand capital even though the website is doing exceptionally great, and the company has a good reputation. We still don’t think that trading with such platforms is safe. The thing is that it is the duty of the online financial service provider to become more and more transparent. The CEO of grand capital once claimed in an interview that the cysec license was on its way but even after a long time, the claim still remains a dream.
Scammed by grand capital? Reclaim your funds
Since publishing this grand capital review we have come across numerous reports online from people claiming to have been scammed by grand capital which is pretty alarming… however at the same time given that the broker was never officially licensed whilst alarming this is not entirely surprising to us.
But anyway, if you yourself have been scammed by grand capital then what can you do? Well the good news is that here at stopping scammers we have put together a free money reclaim guide which walks you through the exact steps of getting your money back from a binary options scam.
We launched the guide in 2018 & to date it has helped thousands of people to successfully reclaim their funds from scam brokers and therefore if you have also lost money to a scam broker whether that be grand capital or another one then we know it can help you too.
A much better way to make real money
Here at stopping scammers the truth is that we’re not really big fans of online trading & we generally tend to recommend against it because we know there are so many better (and less risky) ways to make good money online.
It’s true that we’ve come across & exposed many scams here on this blog but in the process we’ve also come across many legitimate places that you can make good money with as well.
One of those places though has stood out from all of the rest & as a result we’ve given it the name of our number 1 recommendation for working from home. It’s helped thousands (if not tens of thousands) to build highly profitable online businesses & you can get access to it for free using the link below:
so, let's see, what we have: feedback about a forex broker grand capital, detailed review, how to sign up and get in the platform? How to deposit and withdraw funds using bonuses by the rules? Complaints from real traders! Trading on demo account. At grand capital scam
Contents of the article
- My list of forex bonuses
- Grand capital review
- Overview
- Details
- Full review
- Regulation of the broker
- Replenishment and withdrawal of funds
- Complaints about grand capital
- Is grand capital a scam?
- Bonuses
- Summary
- Conclusion
- Reviews
- Grand capital review
- Is grand capital legit?
- Are funds safe with grand capital ?
- Grand capital review: our conclusion!
- Grandcapital review
- Overview
- Grandcapital details
- Traders opinion
- Is grandcapital legit or a scam?
- How online trading scams work
- GRAND CAPITAL SCAM
- Grand capital review 2021 : scam or not?
- Introduction:
- Grand capital: account types
- Grand capital is a complete scam:
- Grand capital scam test
- Grand capital scam test | platform(s)
- Grand capital scam test | regulatory bodies
- Grand capital scam test | money transfers
- Grand capital scam test | conclusion
- Scam online
- Scammed ? Get your money back.
- Grand capital regulation.
- Your money isn’t safe with...
- Based in a country with weak...
- Public warning against this...
- Never trust the broker.
- Get a chargeback now.
- What are the chances of getting your...
- Our verdict.
- Grand capital review – is grand capital scam or...
- Grand capital regulation and investor protection
- Account types and spreads
- Trading platforms
- Trading instruments
- Customer service
- Deposit and withdrawal methods of grand capital
- Conclusion
- Grand capital broker review – scam or legit...
- Quick navigation
- Grand capital background
- Is grand capital regulated?
- Grand capital complaints
- Grand capital withdrawal
- Is grand capital a scam?
- Our verdict on grand capital
- Scammed by grand capital? Reclaim your funds
- A much better way to make real money
Contents of the article
- My list of forex bonuses
- Grand capital review
- Overview
- Details
- Full review
- Regulation of the broker
- Replenishment and withdrawal of funds
- Complaints about grand capital
- Is grand capital a scam?
- Bonuses
- Summary
- Conclusion
- Reviews
- Grand capital review
- Is grand capital legit?
- Are funds safe with grand capital ?
- Grand capital review: our conclusion!
- Grandcapital review
- Overview
- Grandcapital details
- Traders opinion
- Is grandcapital legit or a scam?
- How online trading scams work
- GRAND CAPITAL SCAM
- Grand capital review 2021 : scam or not?
- Introduction:
- Grand capital: account types
- Grand capital is a complete scam:
- Grand capital scam test
- Grand capital scam test | platform(s)
- Grand capital scam test | regulatory bodies
- Grand capital scam test | money transfers
- Grand capital scam test | conclusion
- Scam online
- Scammed ? Get your money back.
- Grand capital regulation.
- Your money isn’t safe with...
- Based in a country with weak...
- Public warning against this...
- Never trust the broker.
- Get a chargeback now.
- What are the chances of getting your...
- Our verdict.
- Grand capital review – is grand capital scam or...
- Grand capital regulation and investor protection
- Account types and spreads
- Trading platforms
- Trading instruments
- Customer service
- Deposit and withdrawal methods of grand capital
- Conclusion
- Grand capital broker review – scam or legit...
- Quick navigation
- Grand capital background
- Is grand capital regulated?
- Grand capital complaints
- Grand capital withdrawal
- Is grand capital a scam?
- Our verdict on grand capital
- Scammed by grand capital? Reclaim your funds
- A much better way to make real money
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