Company News

The seventh interview round-up is completely dedicated to our Drag Trade contest. Four recent winners told us how they had come to financial market and how they had learned to trade.

Oleg Zharskiy, the winner of round 361

«I got interested in Forex seven years ago. First, I started trading on a demo account. It actually seemed quite easy. Then I tried trading on a real account and blew my whole deposit. I thought, that won’t do, and started reading analytics, studying indicators and following financial news. Eventually, I began to keep a trader’s log, where I recorded all my mistakes. Usually, I prefer scalping and trading on news. I use MACD, stochastic oscillator, ichimoku. My favorite currency pairs are USD/JPY, GBP/USD, GPP/JPY. I’ve been participating in contests for a long time. Very often I finished on almost winning positions in Drag Trade, but always fell short. Finally, I did it, the high volatility helped me. My piece of advice to beginners: take part in contests, read analytics and analyze your mistakes. I wish you profitable trading and high revenues!»

Roman Senevsky, winner of the round 362

"I got acquainted with forex in 2009. At that time I was working at the plant, receiving a minimum wage. This prospect did not please me. One day I learned about forex from an advertisement and about the money that you can earn trading. I believe that a trader is a highest-paid profession in the world. The market has no supervisors, no relatives who would control you and a free work schedule, the ability to trade from anywhere in the world.

I did not become a trader just like that: first I carefully studied all the information I could find on Forex and took a two-week course. To successfully trade, you have to think before making decisions, follow the news, evaluate the situation. Here we need a cold calculation and mental stability.

My most unsuccessful trade happened in December 2012 and involved EUR/USD pair and $5000, which I lost. My preferred currency pairs are EUR / USD, GBP / USD, AUD / USD, and sometimes also Gold. I try to follow the trend from support and resistance levels. When choosing a broker, you should pay attention to favorable trading conditions, high speed of the platform, fast execution of orders, a timely technical support and fast withdrawal of funds. Grand Capital has never failed me with all this. "Drag Trade" is a great contest, especially for beginners, as it allows you to earn real money. However, it is difficult to win here: the competition is very strong. I had to trade aggressively, make risky entries. The main thing is to choose the most volatile pair. "

Albert Udayev, winner of the round 363

"One day I was looking for a job online and came across a forex ad. This is how my trading career has started. I have been a trader for five years since then. I like trading because I don't depend on anyone here. The Internet is now full of information on Forex trading. You just need to have the desire to study hard and work hard. Of course, as any other field, trading has its downs. But it has never stopped me from making it my profession. My worst trade happened during the Brexit turmoil.

Like many, I was sure that Britain will remain in the European Union, did not set a stop loss and failed. Therefore, before you start trading, you need to reflect on every aspect. My main strategy is based on analysis of support and resistance levels and channel breach.

When choosing a broker, I pay attention to several factors. For example, how many years the broker has been on the market, and, of course, the spread, technical support, withdrawal and deposit options. Grand Capital meets my requirements. I took part in the contest to test my skills without risking money. I liked that the contest takes only one hour and there are no strict rules. My advice to beginners is: control your emotions, learn and be persistent. "

 
Anton Bukin, winner of the 364th round

"I came to Forex casually by seeing advertising on the Internet two years ago. I stayed because I had the opportunity to feel financially free. At the beginning I didn't encounter many difficulties: I simply looked at the chart and learned slowly. In general, I trade Majors, following the trend. My best trade so far is the sale of the Swiss franc and +2200 points by take profit in one day. When choosing a broker, the first thing I look at is the reputation. I am really satisfied with Grand Capital. The contests are great. Prizes, ratings in real time - everything is of high standards. "
 

You can see the rules of the competitions and register for the next round here.

Meet the results of the trading week 15-19th of May.

The most active client

In one week placed 1296 trades, including 828 profitable ones and 565 that resulted in a loss. The majority of trades involved AUD/CAD, EUR/GBP, AUD/CHF, EUR/NZD.

Maximum deposit growth

In one week on a single account was $52 331,00.

The most profitable trade of the week

Resulted in a profit of +$32 400,00. The trade was opened on the 24th of April at 13:04 and closed on the 17th of May at 16:27. 

The most interesting instruments chosen by traders:

#CT — Cotton futures. Traded on ICE. The contract size is 50 000 pounds (around 22,68 tons). One pip is 0,01 and costs $18,75;

#NG — Natural gas futures. The majority of contracts are traded at NYMEX in New York. The contract size is 10 000 mil BTU. BTU is the only  — это unit of energy used in the US. 1 pip equals 1/1000 and costs $10;

#SI — Silver futures contract. Traded on COMEX. The contract volume is 5000 troy ounces (around 155,5 kg). Minimum price change: $0,005 per ounce or $25,00 per contract;

#NIKE — American company, a well-known producer of sportswear. The brand is estimated at $10,7 bln, which makes it the most expensive trademark in the sports industry. From September 2013 it is included in the Dow Jones index;

#AMAZON — American company, the largest online seller of goods and services. Amazon.com service includes 34 categories of goods, including e-books,  household electronics, food and much more.

Earn with Grand Capital!

The last week’s most profitable trade resulted in a profit of $25 825,56. Read the most outstanding results of the past week in our recap.

The most active client

Placed 1183 trades, including 622 profitable ones and 561 that resulted in a loss. The majority of trades involved AUD/CAD, CHF/JPY, and EUR/CHF pairs.

Maximum deposit growth

In one trading week on a single account was $36 084,89.

The most profitable trade of the week

Resulted in a profit of $25 825,56. The trade was opened on the 28th of April at 3:47 PM and closed on the 9th of May at 10:42 PM.

The most interesting trading instruments chosen by traders last week:

• #SB — Sugar futures, traded on ICE (New York). The contract value is standardized and equals 112 000 lbs. (50,8 tons). 1tick equals 0,01 and costs $11,20.

• #NG — Natural gas futures. Mainly traded at NYMEX in New York. Contract volume is 10 000 million BTU (British thermal units). BTE is a traditional unit of heat, part of the British Imperial system of units. 1 pip equals one-thousandth and costs $10;

• #6B — GBPUSD futures. The contract size is 62 500 pounds. Minimum price change (1 pip and 1 tick) is $0,0001 for 1 pound or $6,25 per 1 contract;
• #GE – General Electric is an American multi-industry corporation, a manufacturer of many types of equipment, including locomotives, power plants, gas turbines, aircraft engines, medical equipment, etc. As of 2015, the company holds the 9th place in Forbes Global 2000 list of the largest public companies.

• #Ford — an American manufacturer of vehicles, automotive parts, and accessories. It’s the world’s fourth largest automaker by volume of production during the whole history of a company. Now Ford is the third largest automaker in the US (after GM and Toyota) and the second in Europe (after Volkswagen). The company occupies the 9th place in Fortune 500 (a list of the largest US public companies) as of 2015.

Trade profitably with Grand Capital!

On the 24-25 of May, Grand Capital is exhibiting at the iFX Expo International, a major financial industry event that will take place in Limassol (Cyprus).  

Giancarlo Spinnato, Head of GC LTD: 
«The expo annually welcomes the most prominent players in the financial world: brokers, IBs, liquidity providers, payment systems, software providers. We exhibit at the event for the second year in a row. For us, it is not just an opportunity to show our newest developments, but also to meet colleagues, discuss trends, think of the future development. This year we participate in the expo with our software provider UpTrader, that has just released a new solution for brokers offering Platform 5 platform. We invite everyone to visit our stand». 

Grand Capital team will be located at booth №23. We invite everyone concerned to come and discuss possible projects with Grand Capital team and our partner, a software provider UpTrader.

To attend the expo you will need to register at the event website. For the participation terms and agenda visit iFX Expo website.

Expo address: Palais des Sports — Spyros Kyprianou Centre, Polemidia, Limassol 3080, Cyprus. 

We are looking forward to meeting you at the iFX Expo International!

Grand Capital regularly organizes educational seminars in different countries. On the 5th of May, we held a seminar for traders in Hanoi, the capital of Vietnam.

The speakers were MC Do Minh Hoang and Davide Do, professional traders with many years of teaching experience. The participants were told about the basics of trading: what fundamental analysis is, how to use trading signals and how to choose a trading strategy. The participants also became acquainted with special Grand Capital products: LAMM service, bonuses, and promotions.

 

Grand Capital team