Grand Capital

Grand Capital is a forex dealer that appeared in 2006. Then it was called a dealing center. Over time, he began to pose as a broker, although he never introduced positions to the real market.

Every person who opened a “Personal Account” with Grand Capital received rotten dealing with a conflict of interest. The angler does not require traders who know how to cast. Only a few turn out to be a plus. The rest go into a dive.

When this review was being prepared, the Grand Capital scammer was hiding behind registration in the Seychelles. He called the “Financial Commission” his regulator.

Registration in an offshore should discourage you from giving an entrance ticket. Attempts to pass off a non-state, created by noodle-throwers sharashka called the “Financial Commission” as a regulator are clear evidence that this is a locker room. She just lives much longer than most rotten scammers. But the essence does not change.

The official website of Grand Capital provides a full range of financial instruments. There are classic Forex brokers and typical assets of the “kitchens” – crypto pairs. The latter prove: traders’ transactions do not leave the server.

All trading conditions with Grand Capital are publicly available. They are in full. True, the data on different pages of the dodger is contradictory.

Let’s take the Eurobucks pair (EUR – USD). First, Grand Capital treats: the spread for it is 7 points. Then it turns out that it is much larger – 33 points. Warning: there is a lot of both. The spread speaks louder than the most honest reviews that you will definitely not get a profit.

The Grand Capital sharashka has up to his throat. One of them is ECN with a hint of transferring transactions to the interbank market. But this will never happen without a license. The garbage dump does not have such a document.

The pool of ways to top up and withdraw money includes transactions in cryptocurrency. If so, Sharashka’s office sneezed at AML and KYC. It’s even more convenient for her. It is difficult to return a stolen crypt.

Terms of cooperation. How to make money with Grand Capital?

Grand Capital offers investments in 6 types of assets:

• currency,
• metals,
• stock,
• indices,
• energy resources,
• cryptocurrency.

The full list is on the website. This is the only good news. Everything else warns louder than the most honest reviews: in exchange for money, the hunter can only offer dealing.

Rating Forex warns: Grand Capital is not controlled by anyone. He can and will leak so as not to give away a cent.

The presence of cryptocurrency pairs can be considered one of the main signs of a money scam. Transactions with these assets cannot be brought to the real market. There are no liquidity providers for them.

There are as many as 6 accounts for trading:

• Standard.
• MT5.
• Micro.
• ECN Prime.
• Swap Free.
• Crypto.

Admission to Micro is $10. To ECN Prime is $500. To all others it is $100.

Unlike most “kitchens” that differentiate their accounts only by the size of the deposit, Grand Capital went further. His accounts have different purposes. But in the end it doesn’t change much. Even ECN Prime with a hint of withdrawal of transactions to ECN is a dealing account.

Sharashka fills all client positions using internal demand and equity capital. This is indicated by leverage up to 1:500. Such leverage can only be found in the offshore “kitchen”. Not a single broker will risk their hard-earned money by releasing loans that are 500 times larger than the client’s deposit.

The Grand Capital website provides most of the specifications. Swaps, for example, are mostly with a minus sign. There are almost no positive ones. This means you can’t even dream about a carry trade.

There are spreads. But the scammer changes the readings on different pages of the site. On one it whistles about 0.4 points. On another start from 7 points. On the third, where quotes are in real time, the spreads of the most liquid currency pair are 33 points. If in reality they are exactly like this, the scammer doesn’t even need to do anything. It is simply impossible to make money.

Registration and regulation

The Grand Capital website is operated by Grand Capital Ltd. It states: registration address is Suite 102 Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles. Office location: Office No. 6, 1st Floor, Reliance Complex Building at Providence, Mahe, Seychelles.

Rating Forex verified this information in the Seychelles government registry. There is no Grand Capital Ltd.

Before us is an illegal sharashka. It is important to understand: it can be anywhere. You can’t trust such a trickster with money. He can steal at any moment. It will be very difficult to bring him to justice on your own.

The scammer doesn’t bother with the license at all. Just pays a few thousand bucks to The Financial Commision to maintain membership in this sharashka.

Only Fincom is not a regulator. This is a non-governmental organization. She:

• Created by immigrants from the Russian Federation in the USA.
• Covers up the “kitchens”, imitating their legitimacy. For a few bucks, even the most rotten scam will be shown in the best light.

Real financial regulators consider Grand Capital a scam. For example, the Russian Central Bank blacklisted sharashka back in 2021.

Lack of regulation means that a company can do about anything:

• draw any prices;
• refuse to withdraw money;
• use the dirtiest marketing technologies.

Nothing will happen to the dodger for this. Regulators are simply not able to put pressure on sharashkin firms that have not licensed them. Their maximum is the publication of warnings. This is exactly what the Central Bank of the Russian Federation did.

How Grand Capital scams you out of money

“Grand Capital” is an old “kitchen” that started in 2006 as a DC, and remains so. The trickster lures:

• bonuses;
• fables about high profits.

Marketing is very aggressive. Therefore, the bit is still afloat, even despite the fact that 99% of patients spill absolutely all the beans.

The only difference between Grand Capital and a regular Forex scam is the rare withdrawal of money. This is where the advantages end.

The swindler does not touch unlucky traders. Wide leverage and wide spreads work for it. Thanks to them, the client sooner or later goes stranded.

If even in such rotten conditions the trader manages to gain profit, the scammer is closely watching him. For example, when trying to withdraw carbon deposits, it revises transactions: cancels those that were fired.

Then the noodle maker says: the orders were closed in plus by mistake. Or accuses them of fictitious violations. Sometimes a trader’s account is reset without explanation.

Another Grand Capital divorce scheme is the help of a consultant. The goal of the latter is to squeeze the maximum beans out of the trader. A cunning fraudster pretends to help make money. It is not difficult for him to set up profitable trades.

Then the consultant threw out:

1. Offers to withdraw part of the deposit. According to legend, this will help ensure that everything is working properly.
2. Recommends a losing trade. As a result, the deposit is rapidly shrinking. To avoid a stop-out, you need to top up more. It is desirable that the amount be as large as possible.

When the patient is replenished, the pose finally merges. The money flows into the pockets of the fake broker. The client doesn’t understand anything. He thinks he is to blame for the losses.