GrandCapital CG is a forex broker that registered its official website on April 19, 2022, mainly offering investors Contract for Difference (CFD) trading services in forex, commodities, cryptocurrencies, stocks, ETFs, etc. The company's office address is located in Zurich, Switzerland. This broker does not provide services to jurisdictions that may violate local laws or regulations, including, but not limited to, the United States, Turkey, Israel, Syria, Sudan, Iran, North Korea, and Japan.
Company Registration Information and Regulatory Status:
According to the official information on the GrandCapital CG website, the registered entity is FutureArcPro Limited, with a detailed registration address at Business Centre, 239 Kingstown, St Vincent and the Grenadines, and the enterprise registration number is 26398.
Upon verification, the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) could not find a corporate entity with the registration number 26398 and the name FutureArcPro Limited.
Account Opening:
During the actual account opening process, Traderknows discovered that although the GrandCapital CG official website still has the 'Registration' option, it no longer supports the registration of new accounts and can only be accessed by logging in with an existing account
Account Types:
GrandCapital CG offers four different types of real trading accounts: LITE ACCOUNT, PLUS ACCOUNT, ELITE ACCOUNT, ISLAMIC ACCOUNT.
LITE ACCOUNT:
- Initial minimum deposit amount is 250 euros
- Maximum trading leverage: 1:100
- Trading commission: 12 euro cents per opening and closing position
- Stop out level: 50%
- Trading size micro lots: 0.01 and above
- Entry-level financial manager training
- 24/7 customer support
- Account maintenance by a financial manager
- Floating spreads
- Setting and adjusting major trading tools
- Developing a personal business plan
- Providing BBB level trading signals
- Creating unique trading strategies
PLUS ACCOUNT:
- Initial minimum deposit amount is 3000 euros
- Maximum trading leverage: 1:200
- Trading commission: 10 euro cents per opening and closing position
- Stop out level: 50%
- Trading size micro lots: 0.01 and above
- Higher level of financial manager training
- 24/7 customer support
- Account maintenance by a financial manager
- Floating spreads
- Setting and adjusting major trading tools
- Developing a personal business plan
- Providing BBB level trading signals
- Creating unique trading strategies
ELITE ACCOUNT:
- Initial minimum deposit amount is 15000 euros
- Maximum trading leverage: 1:300
- Trading commission: 8 euro cents per opening and closing position
- Stop out level: 50%
- Trading size micro lots: 0.01 and above
- Premium training for a financial manager
- 24/7 customer support
- Account maintenance by a financial manager
- Floating spreads
- Setting and adjusting major trading tools
- Developing a personal business plan
- Providing BBB level trading signals
- Creating unique trading strategies
ISLAMIC ACCOUNT:
- Initial minimum deposit amount is 3000 euros
- Maximum trading leverage: 1:200
- Trading commission: 8 euro cents per opening and closing position
- Stop out level: 50%
- Trading size micro lots: 0.01 and above
- Advanced financial manager training
- 24/7 customer support
- Account maintenance by a financial manager
- Floating spreads
- Setting and adjusting major trading tools
- Developing a personal business plan
- Providing BBB level trading signals
- Creating unique trading strategies
Trading Platform:
GrandCapital CG offers a proprietary trading platform.
Deposits and Withdrawals:
GrandCapital CG has not disclosed the deposit and withdrawal methods it supports on its website.
Summary:
Traderknows warns investors that GrandCapital CG's corporate registration and regulatory information are not transparent, and the account transaction details are unclear, with unspecified methods for deposits and withdrawals. Traderknows advises investors to steer clear of GrandCapital CG and to opt for brokers that are transparent, well-regulated, and have a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as 'Suspected of Fraud' on Traderknows.
