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Grand Capital Ltd.
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Grand Capital Ltd.
Is Grand Capital Ltd. a Scam Broker?
Grand Capital offers trading of metals, indices, cryptocurrencies, and stocks. It was founded in Russia in 2006. The first thing to look for in a broker is if it is licensed. Grand Capital Ltd. does show a certificate and registration number from The Financial Commission, which is a privately-owned watchdog that settles disputes between brokers and clients. This is no replacement for a real license from a government regulator.
Is Grand Capital Ltd. a Scam or Legit Broker?
Even though a certificate from the Financial Commission is better than no license at all, it is not helpful if things go wrong. The Financial Commission can only try to settle disputes and has no authority to punish unscrupulous brokers. Also, Grand Capital’s spreads are high for the industry. The site says it focuses on “partnerships” rather than taking responsibility for clients.
Our experts found the following issues with Grand Capital Ltd.
- A certificate from The Financial Commission rather than a real license
- High spreads
- Uses some wording on the site that may seem to evade responsibility
Our experts do not recommend Grand Capital Ltd. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Grand Capital Ltd. or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.
- The broker froze your account
- The broker blocked your account
- You cannot login back into your account
- Money has been taken out from the account
- The broker doesn’t take your calls
- The broker shut down his website
- You noticed the broker took money out from your bank account with out your permission
- The broker is offering you a bonus
- The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.