Grand Capital is a broker with long history in forex and binary options trading. They provide trading services to traders worldwide back from 2006. Grand Capital HQ are in Sankt Peterburg, Russia (Stachek prospekt 8a). Since 2012, Grand Capital South Africa is a member of CRFIN – Center of Regulation in OTC Financial Instruments and Technologies) for regulation on forex market in Russian Federation. Below you can read our Grand Capital review and learn more about this broker and what type of services do they provide.
We discovered that Grand Capital uses a Proprietary trading platform, that is kind of different from platforms most traders worldwide are used to. Traders have on their disposal to choose between contracts that include clauses to manage risks in better way. Traders should differ two types of Grand Capital options: American and European option. By Grand Capital American option it is consider that an option can be closed before it expires. Return is variable and traders can achieve them, but return height depends on the time when the contract is opened. However, Grand Capital European option is the one with a fixed expiration and it is very similar to High/Low option. With Grand Capital European options it is possible to achieve higher returns. It is important to says how both these option types have Call and Put. Traders can also choose Grand Capital Double Touch options, which are similar to Boundary/Range options. It is based on the principle that traders define price channel. Another trade option is Breakout, much like Touch options. Available expiry times are: 15 minutes, 30 minutes, 1 hr, 24 hr, end of day and end of week.
Grand Capital Minimum Deposit
Unlike Binary.com minimum deposit, To start trading binary options with Grand Capital minimum deposit is $10 and maximum binary bonus can be unlimited. Traders can place trades in USD and RUB. Grand Capital Minimum investment is $1 and the maximum is $5000. Highest return that traders can get is 86%. Grand Capital accepts traders worldwide, including South Africa. However, their platform isn’t available for traders residing in USA. More on trading account types, our readers can read below in Grand Capital review.
Grand Capital enables traders in South Africa to trade with many different underlying assets, including currencies, stocks, commodities and indices. Traders can use several available services, such as mobile app and binary options demo account. With their mobile app, upon having completed the binary options registration, it is possible to place trades via ipads and smartphones, as well as on computers. This is possible thanks to improvements in technology and results show that Grand Capital is compatible both with iOS and Android systems.
Other popular service in binary option trading is the famous Grand Capital demo account. Demo version of Grand Capital trading platform enables traders worldwide to experience trading process at no risk. This way, traders get a chance to master trading skills and afterwards be more efficient in trading binary options for real money. To open a Grand Capital demo account, it takes only few steps. Traders have to select Grand Capital Private Office and click on Open account tab. Then, they just need to choose Grand Capital Demo Accounts and preferred demo type they wish to open (Standard, Options or ECN).
Grand Capital offer traders with exclusive bonuses that can reach 2%. This is actually very good and attractive bonus because Grand Capital does not require from their traders bonus conditions. With this being said, traders are able to withdraw bonus as their own cash. Grand Capital South Africa offers regular, traditional bonuses to its many traders and their turnover requirements are 40x.
Grand Capital trading platform is available on several languages, including English, Russian, Chinese and Indonesian.
Grand Capital Account Types
Traders from South Africa can enjoy in a variety of available account types with Grand Capital. Those accounts are: Micro, Standard, ECN, SwapFree and Options Account. Below, we will introduce you with the basics of each Grand Capital account type.
Grand Capital Micro Account
- minimum deposit $10
- commission $0
- available trading instruments – 66
- amount limits of 1 position – 1000 lots
- margin call/stop out – 50%/20%
Grand Capital Standard Account
- minimum deposit $100
- commission $0 on forex, CFD $15
- available trading instruments – 330
- amount limits of 1 position – 25 lots
- margin call/stop out – 50%/20%
Grand Capital ECN Account
- minimum deposit $1000
- commission $5
- available trading instruments – 38
- amount limits of 1 position – 25 lots
- margin call/stop out – 50%/20%
Grand Capital SwapFree Account
- minimum deposit $100
- commission CFD $15
- available trading instruments – 330
- amount limits of 1 position – 25 lots
- margin call/stop out – 50%/20%
Grand Capital Options Account
- minimum deposit $10
- commission 0%
- available trading instruments – 27
- amount limits of 1 position – $5000
- margin call/stop out – /
Is Grand Capital Regulated?
Uncommon to most binary options brokers, during our Grand Capital review, we were pleasantly surprised how much their customer support is up to date. Traders across the globe can contact this broker 24/5 through telephone, email [email protected] (UTC+4), Skype and live chat. Phone number are available for 16 cities, spread around the world. General phone number is + 7 (812) 300 81 96. Grand Capital is regulated in Russia and it offers traders a possibility to contact directly on the department in which traders have an interest, such as General, Financial, Analytical, Technical, Partnership and Marketing department.
As mentioned above in the Grand Capital review, Grand Capital offers traders in South Africa slightly different FAQ. Queries are already summarized in several topics. Once a specific topic is selected, a list of questions and answers appear below, if they are related to that topic. This is how Grand Capital FAQ works.
A wide selection of Grand Capital deposit methods is definitely one of the best in binary options South Africa industry. It is possible to deposit through credit cards, bank wire and e-wallets. As regards to Grand Capital withdrawal of funds, Grand Capital minimum amount is $10. Similar to IQ option withdrawal and deposit South Africa, when you submitted a withdrawal request is approved, it takes between 1 and 3 business days for the money to arrive on trader’s account. The very important thing to emphasize is there is no Grand Capital withdrawal fees.
Debit and credit cards – Maestro, Visa, Visa Electron, Mastercard, American Express, Diners Club, PaySafe Card and JCB
Bank wire transfer
E-wallet providers – Skrill & Neteller South Africa, CashU, WebMoney South Africa, InPay, Pay Co, Payeer, Perfect Money, Yandex.Money, Moneta.ru, PayBotique, TasaPaym RegularPay and OKPAY
