Grandcapital.net Review Is Grand Capital A Scam Broker

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Grand Capital enters top-3 most active brokers in Asia

Grand Capital made it to Top-3 at AtoZ Markets 2020 Awards in the nomination “Most Active Broker in Asia”.

Despite the global quarantine and crisis, our company keeps providing services of high quality, so that traders could trade seamlessly and achieve their best results in Forex!

We at Grand Capital are grateful to our customers for their high appreciation of our work in Asia. Currently, the broker’s offices operate in Vietnam, Armenia, Indonesia, Myanmar, India, Uzbekistan, Azerbaijan, and Thailand. Most recently, in autumn 2020, the trading school Grand Capital Forex opened in Andhra Pradesh, India.

The results were determined by votes that had been cast daily on the website AtoZMarkets.com between 20th January to 20th February 2020 midnight. Each voter could choose only one nominee per category and/or skip any given category. Only one vote was allowed per one unique IP address, each voter could cast one vote in 24 hours. In order to avoid any manipulation with the results, the system was designed to exclude votes cast via Tor browsers, IP changing plugins and any other platforms providing temporary IP.

The competition for the nomination “Most Active Broker in Asia” was organized with multiple assessments based on the following criteria: trader survey, broker interviews, qualitative assessment of forum reviews, information presented on the companies’ websites.

AtoZForex (rebranded as AtoZ Markets) was established in 2020. The website is committed to providing unbiased information to all industry participants. In December 2020, the team implemented the broker approval process via its AtoZ Broker Review Directory, helping traders and investors to choose reliable Forex firms. The approval process is based on traders’ experience, AtoZ Markets questionnaire, and financial regulators.

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GrandCapital Review

GrandCapital general information

Russia

Founded in: 2006 year
Headquarters:
Offices in the country:
Minimum Deposit: 10 $
Website: grandcapital.net
Website languages:
Execution model: STP
Deposit currency: USD, EUR, JPY, GBP, CHF, RUB
Support languages: English, Russian
Regulated by: CySEC (Cyprus)
Mobile trading: iOS, Android
Types of offered accounts:
Trust management: LAMM
Affiliate program: Yes
Deposit bonus: 40 %
Size of no-deposit bonus: 500 $
  • Provision of a VPS server
  • API capabilities
  • Trading signals
  • Support of the Autochartist system
  • Web-based platform
  • Cashback rebate
  • Guaranteed stop loss

GrandCapital Forex broker description

Grand Capital Forex brokers is an innovative broker that is also experiencing significant growth over the years. The broker is an international provider of online trading services. The brokerage has been able to serve its clients since 2006 with the best and differentiated online services. The company boasts multiple awards as one of the leading brokerage companies. Working with over 3,500 partners around the globe and with over 100,000 clients or traders, the company makes $1.3 billion turnover every month. You can check out GrandCapital comments and client reviews to get a clear picture of the broker’s experience.

Trading accounts

Grand Capital forex brokers offer its clients three different types of trading accounts. They have been tailor-made to meet the varied and unique needs of individual investors. However, all the account types do have one thing in common: they all give the traders the option for using low-risk lots.

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Standard Trading Account

What makes the standard account the best pick? One is the fact that it offers you a variety of instruments to trade with. That is, futures, metals, currencies, and CFD-contracts. The other benefits that come with a standard trading account are bonuses and promotions on deposits made, spreads that range from 1 pip, assured reliability as the account is secured with two-factor authentication and the opportunity to trade on popular trading platforms like MetaTrader4 and WebTrader.

Crypto Trading Account

What does crypto Grand Capital trading account bring to the table? Well, what it gives the traders is accessibility to markets characterized by high liquidity. By using this account, you should expect immediate order execution. Also, it allows you to trade using 18 cryptocurrency pairs with a minimum deposit of $1000. The trading terms of crypto account are highly profitable. Trading is also diversified and allows deposits in any currency. Open a crypto trading account and even get to enjoy the assistance of a personal manager.

ECN Prime

What is the deal with an ECN Prime trading account? Well, its primary advantage is that order execution is not subject to any external factors. Instead, it is done in accordance with the best market quotes. The account also allows the traders to trade in markets with high liquidity. The traders are also allowed to trade with 38 cryptocurrency pairs. The trader has also protected from risks in the market thanks to AMTS technology adopted by this account type.

About Grand Capital and the Security of funds

Just how secure are your funds when you trade with Grand Capital? Being an award winning broker, you can count on it to keep your funds safe. More so, it offers excellent trading conditions on popular trading platforms: the broker cannot gamble with your funds.

The broker is registered in Seychelles and is also regulated by the Financial Commission (FinaCom). The regulatory body oversees the broker’s trading activities and also offers its traders a compensation fund of up to $5000.

Trading Conditions

What do the trading conditions of Grand Capital look like?

Minimum Initial Deposit

While opening a trading account with the broker, you will be required to make a deposit of $10. The deal is good as some of the brokers require a minimum deposit of up to $100.

Average Spreads & Commissions

With Grand Capital, expect to get spreads of around 2.2 pips on EUR/USD for the accounts that are commission free. ECN accounts do have typical spreads of 1.2 pips. It is, however subject to change. That is, if commissions of $5 for every standard lot is added, the spreads will become 2.2 pips.

Maximum Leverage

Grand Capital will offer you the highest yet maximum leverage in the market. Grand Capital gives you maximum leverage of 1:2000. It is also important to remember that higher leverages come with higher risks and losses.

Trading Platforms

The kind of trading platform a trader uses is an essential factor to look at when looking for a broker. Grand Capital has ensured that its traders are provided for the best trading platforms globally.

The trading platform used by Grand Capital is MetaTrader4 which comes with customizable features that make it convenient for all types of traders. More so, the platform has a web version, mobile version and desktop too which makes it possible for the trader to work from anywhere at any given time.

The MetaTrader4 platform comes with more benefits than it is thought of. For instance, it has a user-friendly interface that allows a trader to make executions by just a click. That is not all; the charting package is not the kind that you can come across any time. It is more advanced with technical indicators. The best part is that with MetaTrader4 you will also get to enjoy the services of Expert Advisors.

Promotions

The promotions offered by Grand Capital are unmatched. One of the promotions available is the no deposit bonus. The bonus applies to accounts that have deposits of as little as $10. More about the bonus is that the trader is allowed to trade for seven days with leverage not exceeding 1:100, that is, for micro-accounts.

Grand Capital also gives a bonus of $500 after the completion of specific executions. There are more bonuses on every deposit you make, that is, 40% of the deposit. Also, the broker allows a risk-free day of trade of binary options on WebTrader. Did you know that you could even get bonuses for making referrals for Grand Capital? It is possible, all you are required to do is to invite friends to trade with the broker and get rewarded for it.

BRIEFLY ABOUT Grand Capital

Getting into the Forex market is a big move. It is even better if you can work with a broker you can count on. Look no further, Grand Capital has years of experience in trading variable instruments and offers you the best deals in the market. Get to enjoy trading on the best platforms, with fantastic conditions with a reputable broker that is under regulation. With Grand Capital, you will be able to learn the ways of Forex Market and at the same time enjoy the great bonuses that the broker offers its esteemed traders.

GrandCapital.net Review Visit site

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

  • Information
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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

Live discussion

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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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