Grand Capital is a forex, CFD and binary options broker. The broker is based in Russia and owned by a company called Grand Capital Ltd which is based in Seychelles. The broker provides trading services on MetaQuotes’ platform, however, the details regarding the broker’s license is missing. The minimum deposit required for opening an account with Grand Capital is only 10 dollars, which is way too minimum in comparison to the industry’s average. This is just to entice the traders and make them feel that the broker is more feasible than the other available in the industry.
Grand Capital offers an averaged 2.2 pips of variable spreads on the commission free accounts and it is comparatively way too high in the forex market. The maximum leverage ratio offered by the broker Grand Capital is one of the highest in the industry, which is 1:2000. However, high leverage means more risk and therefore some jurisdictions cap leverage to levels very much lower than this. The broker seems to be trying to risk the investment of the broker so that the broker could blame the risk for lost funds. The broker Grand Capital is an unregulated broker which seems to be a scam.
If you have traded with Grandcapital and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed Grandcapital review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is Grandcapital a scam or legit broker?
Grandcapital has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with Grandcapital contact them immediately and try to get your fund out. If the Grandcapital has done the following, you have probably a victim of Grandcapital scam broker.
Reason to suspect a scam broker is in action:
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.