Review of Grand Capital: 5 Indicators Of An Offshore Scam
Review of Grand Capital: 5 Indicators Of An Offshore Scam

This company is already known as scamming one. They don’t provide any trusted licenses to their clients. Based on previous Grand Capital reviews we found that they are a sister company of GCOption.

All these companies are offshore, mostly from ST. Vincent and Grenadines and Seychelles. Therefore, country regulations are not competent in comparison with Tier 1 Regulations like FCA, BaFin or ASIC.

Broker status:  Unregulated / Offshore Broker
Regulated by:  No regulation
Scammers Websites:
Blacklisted as a Scam by:  AMF, CNVM, CMVM, FSMA
Owner:  Grand Capital LTD, GC Option LTD, Grand Capital Group
Headquarters Country: St. Vincent and Grenadines
Foundation year: 2006
Supported Platforms: MT4/MT5 and web-trader
Minimum Deposit: 10$
Cryptocurrencies: Yes – BTC, ETH, LTC
Types of Assets: Forex, Commodities, Indices, Stocks, Cryptos
Maximum Leverage: 1:500
Free Demo Account: Yes
Accepts US clients: No
Site Grid:

Let’s go through our thorough GrandCapital review and learn more.

GrandCapital is Not a Legitimate Scam Broker?

Grand Capital offers a variety of trading assets for its clients. But for trading with those assets you should have a license. Early at the start, a red flag. The company offers as well too high leverage, up to 1:500 which is not allowed in regulated companies.

As a result, people often end up losing money. Even if they make some, they can’t withdraw it. Because the company is not regulated and nobody controls its procedures.

This company is hiding its location and ownership through different branches. None of these has Tier 1 regulation. They can do whatever they want and exactly that happens if you look at Grand Capital reviews.

Arguments For Trading With a Licensed Broker

Licensed brokers always offer you straightforward conditions. You know what you are getting into and that is going to happen.

A lot of companies and GrandCapital broker as well, are trying to mimic licensed companies. So, don’t fall for cheap tricks. Do your research first as we did.

In the Tier 1 Regulators database research, we couldn’t find any information about GrandCapital trading. Except for warnings.

Information On Any Warnings Issued by Financial Regulators Regarding GrandCapital

When you find warnings against the company you know it’s serious. We hope that after this GrandCapital review, you will never think of investing in these companies.

There are multiple warnings issued from regulators like FCA, Consob and CMVM. If this is not enough for a conclusion nothing is.

Analysis of Customer Reviews Related to GrandCapital

But let’s dig deeper together and see what other people think. In Grand Capital reviews we could only find complaints. Around 40% of these comments were rated 1-star.

Everything besides that were bots with a 5-star rating.  At the moment of writing, there were 29 reviews on TrustPilot.

Description Of The Trading Platform Offered by GrandCapital

GrandCapital broker offers 3 different options for trading: Meta Trader 4, Meta Trader 5 and Web-trader. It is a very good improvement compared to some other trading companies.

MT 4 and MT5 are available for download. That is a good choice because the company shouldn’t have back-end entry. And to manipulate market prices in some way. 

What Financial Instruments Does The Platform Include?

Financial Instruments Does The Golden Capital Include

Like many other trading companies, they offer standard assets:

  • Forex                        USD/JPY, CAD/NZD, HKD/USD
  • Commodities            Gold, Natural gas, Cotton
  • Indices                      DJI30, DAX30 , CAC40
  • Stocks                      Nvidia, Coca-Cola, McDonald’s
  • Cryptocurrencies       BTC, BNB, BCH

Assets like cryptocurrencies are highly volatile and dangerous for non-experienced traders. There is still a lot of speculation about it. Therefore, we suggest traders stick with something easier to understand.

Those would be stocks or commodities.

MetaTrader 4 & 5

Both of these platforms are available for mobile download. Whether it’s for Android or iOS both offer fantastic trading tools. MT5 however, have more advanced social and AI tools that can improve your trading results.

We always recommend sticking to these platforms compared to web-based ones.


Web traders are often unreliable. Especially if the company created the whole UI/UX. Those could be accessed from the back end and used to mislead clients.

That’s actually how most trading companies scam people.

GrandCapital Fraud Risk Zones – Service Countries

We found a lot of complaints in GrandCapital reviews. Looks like they are scamming traders from:

  • UK
  • Italy
  • France
  • Belgium
  • Australia

People from these countries should be more informed about regulations. GrandCapital as an offshore company needs to have a license for the country they are trading in. And they don’t have it.

GrandCapital Features, Requirements, And Benefits of Each Account Type

Grand Capital offers a range of different real trading accounts. Those are Standard, MT5, Micro, ECN Prime, Crypto and Swap free.

The biggest benefits/investment ratio is on the MT5 account. It gives you more trading opportunities with lower commissions, but in the end, it requires a bigger investment.

GrandCapital Demo Account

Besides real accounts, the company offers a Demo account. These are not favorites amongst traders. You get used to throwing away virtual funds and you don’t care if you win or lose.

Once you get used to that, you can easily lose your first real deposit.

What Bonuses Does GrandCapital Broker Offer?

Bonuses GrandCapital Broker Offer

GrandCapital broker offers a 40% bonus on any deposit. They claim that any profits made with it are fully withdrawable. Of course, sometimes you have hidden conditions that you need to match to withdraw money.

According to the company, you can get that bonus every 6 months, by depositing 10% of the initial sum.

GrandCapital Terms and Conditions

To be honest, the company did a very good job in presenting their offer. It’s almost like with a regulated company. That is the difference that holds us back to trade with the GrandCapital.

Nothing of that can hold when it comes to withdrawing the money.

Leverage, Spreads and Commission

Trading conditions are pretty much fair. Except for leverages. They range from 1:1 up to 1:500. Which is too risky. Spreads are standardized from 0.4 up to 1 pip.

The biggest difference between accounts is commission, ranging from 0$ up to 50$ depending on the account type and asset that you are trading.

GrandCapital Broker Scammed You? – Please Tell Us Your Story

If you were scammed by GrandCapital you should not be ashamed at all. They did a very good job there. For non-experienced clients, it looks all nice and shiny.

If you deposited any money here, no worries. A chargeback is an almost magical weapon.

What Is the Chargeback Procedure?

Standardized procedures in banking systems when people are facing scams. You can file a chargeback request in the first 540 days.

It can be used as an advantage for Debit/Credit card purchases. Otherwise, you need to commit to a different procedure.

FAQ About GrandCapital Broker

What Is GrandCapital?

This is an offshore unregulated trading company offering a variety of trading assets through trusted trading software.

Is GrandCapital a Scam Broker?

Yes. They wouldn’t be offshore if they are clean and they are not regulated by any Tier 1 Regulator.

Is GrandCapital Available in the United States or the UK?

The company only offers services to UK clients, from those mentioned above.

Does GrandCapital Offer a Demo Account?

Yes. A demo account is surprisingly available. Besides that, you have a micro account, which is often better.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Comment link copied