Grand Capital Withdrawal Review

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Grand Capital Review – Is it scam or safe forex broker?

Trading Accounts

Account type Minimum deposit Minimum trade size Maximum leverage Average Spreads Execution
Micro $10 0.01 1:500 2.2 pips on EUR/USD Market/Instant
Standard $100 0.01 1:2000 2.2 pips on EUR/USD Market/Instant
Swap-free $100 0.01 1:2000 2.2 pips on EUR/USD Market
ECN Prime $500 0.01 1:100 1.2 pips on EUR/USD+ $5 /lot Market

The broker offers its clients a choice of three account types. All of them provide investors with the chance to trade in lower risk micro tradable lots and with access to the globally recognized MetaTrader4 platform. All accounts, except the ECN one, offer commission-free trading. On Micro and Standard account types, clients of Grand capital are able to choose between instant and market execution and fixed and variable spreads.

Clients with account balances of $100,000 or more acquire VIP status and are entitled certain benefits, such as 24% annual interest, no deposit and withdrawal fees, and personal manager.

What is more, Grand Capital offers Sharia-compliant swap-free service to investors of Islamic belief.

The Company. Security of funds

Grand Capital is an award-winning broker, offering trading in forex and various CFDs, as well as binaries, on both MetaQuotes’ platforms under pretty good trading conditions.

A professional brokerage firm that is originally from Russia, Grand Capital is in trading business since 2006. It is owned by Grand Capital ltd, a company registered in the Seychelles and regulated by the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization.

The FinaCom is an EDR organization which acts as a neutral third party in disputes in the forex and binary options markets between its members and their clients. Its compensation fund covers judgments up to $5,000 or $10,000 per client, depending on the regulated company’s type of license.

Grand Capital holds a B-Category license and any client of such company can be eligible for a compensation of up to $5000.

Trading Conditions

Minimum Initial Deposit
In order to open an account with Grand Capital, one has to deposit just $10, which is a really minim initial deposit. In comparison, LiteForex, also requires $10 as a start, while ForexBrokerInc has set a minimum initial deposit of $100, which applies to ECN accounts too.


Average Spreads & Commissions

Grand Capital’s variable spreads on the commission-free accounts are averaged 2.2 pips on EUR/USD, which s is comparatively high for the forex market. Typical spreads on ECN accounts, amount to 1.2 pips on EUR/USD, however, if we add the commission of $5 per standard lot, trading costs for this pair would also amount to around 2.2 pips.


Maximum Leverage

The maximum leverage rates offered by this broker are one of the highest in the industry, reaching 1:2000. Although some jurisdictions cap leverage to levels significantly lower than this (1:50 in the US), many forex brokers offer leverage equal to or exceeding 1:500, including ForexBrokerInc.

Traders, however, should be careful when using higher the leverage levels, for they involve greater risk of heavy losses.

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Trading Platforms

Like most FX brokers, Grand Capital supports the world’s leading trading platform MetaTrader 4, which is fully customizable for just about any trading situation, skill level and preference. With this broker it is available as desktop, web and mobile version.
MT4 provides all the tools and resources a trader needs: a number of technical indicators, advanced charting package, one-click trading option, Expert Advisers (EAs) and extensive back-testing environment.

The broker also added MetaTrader 5 to its offering. This platform has kept most of the features of the MT5, such as the great charting and the support of EAs, but on top of that allows trading in exchange-traded stocks, and some other perks.

Promotions
Grand capital provides attractive promotions. The most lucrative one is the no deposit bonus of $500, which is even available to Micro account holder who have deposited just $10. The bonus us provided for 7-day trading, during your account’s leverage can’t exceed 1:100.

The $500 bonus is available for withdrawal only after completing certain amount of trading operations on the replenished real account: For every $5 of your profit made on bonus account to become your asset, you must trade 1 lot (100 lots on the account type Micro).

What is more, this broker offers 40% bonus on each deposit.

As cryptocurrencies are gaining increasing popularity, the broker launched trading in CFDs on digital coins such as Bitcoin, Ethereum, Peercoin, Namecoin, Dashcoin, Litecoin and more. Currently, there are 20 crypto pairs available for trade on ECN Prime accounts (with a commission of 0.8%).

Payment Methods

Grand Capital’ clients are offered an array of payment methods: 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, Bitcoin and others.

Besides, this broker is one of the few that accepts deposits and allowing withdrawals in Bitcoins (through OKPay).

Conclusion

Grand Capital is a reputable broker, which offers reasonable conditions for trading in currency pairs and CFDs, through the famous MT4 and MT5. Here are, in a nutshell, the Pros & Cons with regard to this broker:

Pros Cons
Regulated broker with 10 of experience Comparatively high spreads
Low minimum initail deposit, high leverage levels available
Both MT4 and MT5 supported
Diversified product portfolio, bonuses available
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Grand Capital Withdrawal Review

Grand Capital Withdrawal Review

Grand Capital is one of the most experienced brokers on the market and a company whose impeccable reputation has attracted tens of thousands of traders from all around the world. Founded in 2006, they started out as a purely forex brokerage, but when the time came they expanded its offer to include binary options, as well. Obviously, if you’re a trader, one of the most important things you want to know is how to withdraw your hard earned cash. This is the reason why we wanted to write this Grand Capital withdrawal review – to explain and provide you with all the necessary information needed for quick and safe access to your funds. Keep reading!

Grand Capital Withdrawal Review | Possibilities

Now then, we will start this Grand Capital withdrawal review by examining the possibilities one has when they want to transfer their money. There really are plenty of opportunities for you to choose from, starting with bank wire transfers which can be made in four different currencies, to numerous electronic payment systems such as Neteller, WebMoney, Skrill etc. As seen in our Grand Capital Scam Test, every Grand Capital withdrawal is perfectly safe because this broker is a member of two regulatory organizations dedicated to keeping all traders safe and monitors the market to spot any irregularities which may occur. You can therefore completely relax and focus all your energy on making some serious profit.

Grand Capital Withdrawal Review | Amounts

As for the technicalities of the whole Grand Capital withdrawal process, let us start this part of our Grand Capital withdrawal review by saying that it will take up to three days for your withdrawal request to get processed if you opt for one of the electronic payment methods. Should you choose to make your Grand Capital withdrawal via a bank wire, the processing time will be anywhere between three and five days. The withdrawal fees are somewhere around 1% on average, but it all depends on which electronic payment system you choose. For bank wire transfers, the fee is set to 50 EUR for all currencies except for the Russian ruble. Minimum withdrawal requirement is also very low, only $10, which means you will be in complete control of your funds at all times, so there really isn’t any reason for Grand Capital Complaints. All you have to do now is come up with a winning strategy.

Grand Capital Web Terminal

Grand Capital Withdrawal Review | Conclusion

We hope this Grand Capital withdrawal review has shown you why this broker is held in such high esteem by so many traders from around the world. The company’s experience really shows in every aspect of its offer and it should come as no surprise that this broker has been present on the market for almost a decade. We therefore strongly recommend you open an account with them now and see for yourself the quality of this platform. Trust us; it will certainly be worth it!

GrandCapital.net Review Visit site

Other websites of this company include GrandCapital.ru and GrandBroker.com

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Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 2000:1
Minimum to Open Live: $10
Established: 2006
Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, 1510, Saint Vincent And Grenadines
Contact: [email protected], +1 646 844 7187
Regional offices:
Regulators:
Prohibited countries:

Yes

Yes

Trading platforms: MT4, MT5, WebTrader
Web Trading:
Mobile Trading:
Currencies: (330+)
Cryptocurrencies: (15+) Bitcoin, Litecoin, Ethereum
CFD: Stocks, Stock Indexes, Bonds

Yes

Yes

Scalping:
PAMM:
Deposit Methods: VISA, AdvCash, Bitcoin, ePayments, Ether/Ethereum, FasaPay, Help2Pay, Local Bank Deposits, Local Bank Transfers, Neteller, Payeer, Payza, PerfectMoney, RBK Money, Ripple, Tether, VLoad, WebMoney, Yandex Money
Withdrawal Methods: VISA, MasterCard, AdvCash, Bitcoin, Ether/Ethereum, FasaPay, Help2Pay, Local Bank Transfers, Neteller, Payeer, PayTrust88, Payza, PerfectMoney, Ripple, Tether, VLoad, WebMoney, Yandex Money

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Consumer Reviews

Service use: Live

Length of use: 0-3 Months

Please update your review to include your account ID so that we can look into your situation. We’ll get back to you as soon as possible.

Service use: Live

Length of use: 0-3 Months

After opening an account of $488 with grand capital I did not receive the deposit bonus that they had promised. I did all they requested for the verication of my documents and was successful, but still did not get my deposit bonus. Again when trading with them, when you place the buy and sell stop orders they are tempering with my entry prices and changing them to ensure I do not make any profit at all. When I was trading the CAD news (4 march 17:00) I placed a buy stop order at 1.48450 and the current price was 1.48290. But when the trade was triggered I was surprised to find the entry price was changed to 1.48665. I don’t know who added the 200 points on my entry price or why this was done. This has been happening in my previous trades with them. Is this how grand capital operates? The CAD news trade moved about 1000 points (100 pips) but I was given a profit of just $13 on a lot size of 0.35 ($3.50 per pip) this is unacceptable. I made a screen shot of the trade it’s just that I don’t know how to attach it to this report. I wanted everyone to see what I am experiencing with this broker.

Feb 21, 2020 – No Rating After seeing the advert from Grand Capita that they offer 40% bonus on each deposit, I was attracted to them because their bonus offer was slightly above what other brokers are offering. Bit oncei deposited the money and the verication process completed, there as no bonus given . Right now I am Sending them Emails which they are not responding to. I feel the whole thing about Grand Capital is nothing but a hoax. If they are giving problems with just a bonus what more when I want to make a withdrawal?

Reply by Grand Capital submitted Feb 26, 2020 Dear Progress!

Please update your review and include your account ID so that we can look into your situation. We’ll get back to you as soon as possible.

Please update your review to include your account ID so that we can look into your situation. We’ll get back to you as soon as possible.

Service use: Live

Length of use: 3-6 Months

Service use: Live

Mike and his Partner Ronald Ameral of FOREX WEALTH GROUP / Elite Affiliates of GRAND CAPITAL are two Grade A Forex Scammers.

They Post heavily on craiglist. You can find them still posting in San Diego, San Fran and other cities across the board. HAVE YOU SEEN THIS :

Forex Wealth Group

Getting Started Making Long Term Profits

Note: * most people deposit 10k for Large daily profits VIP*35k deposits yields 2 to 5k daily ( we trade more which means more profits for you!) 100k to 1M * Premiere Profits 5% to 10% DAILY! On average trading. we are 50% partners with you profits paid weekly

Its your account and only you have access to your money,control and withdrawal ability. As your trader managing your account we only have access to the trading MT4 platform

STEER FAR AWAY FROM THESE CROOKS.

When I first spoke to Mike his conversation was mild toned that spoke HIGHLY of their Trading Skill & How they are ELITE AFFILIATES of GRAND CAPITAL.

Mike sent me Video Clips and Screenshots of “Clients” that were making Explosive Profits and said that was typical when you invest on a VIP Level @ $30,000. Since i was referred he said I get a VIP discount down to $15,000. He said deposit a check in his partner’s Wells Fargo Account:

Now I told him I didn’t feel rite doing that because my money is not protected. He said they are able to purchase Bitcoin for free. If I do it myself I’m going to get hit with big fees. He instructed me to signup with GRAND CAPITAL.NET

This is the Broker that they use to Trade your funds ( supposedly ) Mike CONSTANTLY contacted me about when will I have the Money. When will my Deposit be in, Do I have an ETA about when will the check clear to make the deposit. I kept in contact with Mike. He was ALWAYS AVAILABLE! When I called, HE PICKED UP!

When I texted him, HE RESPONDED. I told him it should clear by the next week. He was so adamant! Telling me he NEEDS to get me in as a Client asap. He ask me can I give $2000 to “HOLD MY SPOT”. This was around Christmas and I just spent a couple of 1000s on gifts. I told him TRUST ME its coming.

He stayed on me, Never rested on asking me do I have an “ETA”? Are you making Deposit Today!! d**n, He was bleeding on me. He said I need to get the Funds deposited so they can purchase the Bitcoin and get started ASAP.

Now my funds cleared. I had to deposit 3 Checks! Each deposit I sent him a pic proof, Every deposit he responded. The last deposit Mike turned into the Guy who was NOW TOO BUSY TO PICK UP HIS PHONE. I called him and he SENT me DIRECTLY TO HIS VOICEMAIL! d**n phone DIDN’T even RING ONCE!

And hes so sloppy with his scamming that he left his Instant Messenger on so I would know exactly WHEN HE READ MY TEXT BUT HE WOULDN’T respond. Realizing that MIKE was ignoring me, I texted him and let him know where is all that energy he had when he wanted my investment.

He answered 100% of my Calls. As soon as that LAST DEPOSIT went thru MIKE DID NOT ANSWER NOT ONE PHONE CALL!! ZERO, ZILCH. I asked for a refund. NOW HE RESPONDS and says its a typical Friday, he’ll contact me Monday, they purchased partial Bitcoin and he’ll give me a call. NOPE, ALL BS. He did not CALL ME.

Monday night, I requested another Refund. He responded and said he will connect with me tomorrow afternoon they are finishing up buying the rest of the Bitcoin. If I “NOW”want a Refund he will contact his partner. Of course the next day, MIKE DID NOT CALL. I called him and AGAIN he sent me to voicemail

I spoke to an Agency that deals with FOREX SCAMS and they specifically told me Mike , Ronald Ameral and Grand Capital are SCAMMERS. So when he sent me to voicemail again I knew for a fact he knew I found out. I told him I was going to report him.

NOW he responded and said He will contact me today and he got me a $5k bonus. He will get with me by the end of the day. BS.

Again Mike did not CALL ME nor Text me. Absolutely NOTHING. I texted him about the Agency exposing them.. NOW he responds and says give me your email address and he’ll send the refund request to his partner. He said my Bitcoin was “purchased”. He said I will get an email about the refund

OK here goes that mountain of Scamming BS. The email stated that if I want a Refund they will take 40% of my investment. I either take that or continue to trade. I denied that crap because they didn’t trade a d**n thing! All they did was purchase Bitcoin WITH MY MONEY, NOT THEIR MONEY, MINE. But there’s no Proof of that purchase!!

I told Mike I was going to sue him and he BLOCKED ME. So i called their Bluff and said I’ll take the 40% hit. They NEVER RESPONDED!!

While at my Bank explaining the scam and closing my account, My biz partner contacted Mike. He asked him WTF is going on. Now the refund status has changed since I called their 40% bluff. Now they said to get a refund I need to bring them a client who will invest with them AND I will get hit with a 40% surrender fee.

Now why the hell will I bring someone to them so they can SCAM THEM. Then that person would say I set them up. They changed my login details and emailed me a bogus login and said they purchased bitcoin, A big Front trying to act like they’re trading. I checked my account and there'[s not a d**n thing in it except words.

THEY COMPLETELY RIP ME OFF.

These guys Mike 619-756-9277 and Ronald Ameral of FOREX WEALTH GROUP & Elite Affiliates of GRAND CAPITAL.net and SCAMMERS AND CROOKS. STAY AWAY

IF YOU GIVE THEM YOUR INVESTMENT, THEY WILL DISAPPEAR AND SAY THEY’RE TOO BUSY. IF YOU PURCHASE BITCOIN YOURSELF AND CREATE YOUR OWN ACCOUNT, THEY WILL NOT ALLOW YOU TO WITHDRAW AND GET YOUR INVESTMENT BACK.

THEY WILL SAY YOU HAVE TO BRING THEM A CLIENT WHO INVEST THE SAME AMOUNT AS YOU AND THEY WILL TAKE 40% FROM YOUR INVESTMENT.

These Scums of the Earth Rip me off but I will make sure this hits all scam sites, search engines and blog site to protect anyone from investing in them. RUN FAR AWAY

YOU’VE BEEN WARNED.

THESE GUYS ARE DEMONS

We have investigated your situation and examined the screenshots of your correspondence with a certain Michael. We regret to inform you that you didn’t make your deposit with Grand Capital. You deposited your funds directly to an individual with whom we aren’t affiliated. You are likely to have become a victim of scammers.

We’re deeply sorry that you found yourself in such a situation, and we would like to urge everyone to be cautious!

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