Company News

Only one unsuccessful trade out of 24. - A trader from Indonesia Yudhi Yudhistira managed to perfectly follow the price movement during one hour. To learn whether it was just luck or a well thought out strategy, read the translated interview with the winner of 302^nd round of the Drag Trade contest.

Hello Yudhi! Congratulations once again! You have been trading with us for quite some time now. Why did you choose Grand Capital as your broker?
- It's true, I’ve been trading with Grand Capital for about five years - since 2011. You didn’t have the Indonesian website version back then so I had to use Google Translate. I chose Grand Capital because of the fast execution and one-click trading. I also like that you offer many interesting services and contests.

Why from all the contests you chose Drag Trade and which assets do you prefer to trade?

- I chose Drag Trade because it gives you a limited time to develop your strategy and you need to think fast which makes you experience a lot of amoions during that hour. I’ve traded different assets overtime. I liked EURUSD pair before, but since it's become too volatile I go for other instruments. In the contest I traded USDCAD.

Which trading strategy do you consider to be the most successful?

- It’s a hard question. It was hard to develop a decent strategy because of the complicated situation on the market that time. Usually, when the trend is on the rise I wait till it starts falling and then place a Buy order for h1 or 30m.

Was the contest round hard? Do you think that your victory was due to pure luck or you came up with the right strategy?

- I would describe the round as rather tense, but I like challenges. During the round I placed 24 trades and only one of them was unsuccessful. I honestly think that it was just luck and nothing more.

Are you planning to take part in other contests?

 - Yes, for sure. Now my aim is to become the winner of Rally Trade contest.

What would you tell other participants who haven’t yet joined our hall of fame?

Never give up. It is very important to learn on past mistakes and not to make them again. Always consider the mistakes you've made before when placing a new trade.

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!

Self-discipline and accurate market assessment. That’s what it takes to enter the hall of fame of the fastest demo-contest Grand Capital has to offer – “Drag Trade”. Trader from Russia Andrey Smolin proved that he deserves the first place beating all the other contestants in round 301. Read the interview to find out how:

Once again, congratulations to the winner!

How long have you been trading with Grand Capital and what Grand Capital services do you use most often?

- I’ve known Grand Capital for quite a while. My favorite service is, without a doubt, demo contests, because I never stop looking for the new profitable trading strategies and the opportunity to receive a real prize for trading demo is a nice addition to that.

Why did you choose to participate in Drag Trade contest?

- I like the contest because it only lasts for an hour and is suitable for short-term strategies I’m now working on.

What trading instruments do you prefer?

- As the majority of traders out there I prefer currency pairs. In the contest I traded CADJPY simply because I have a lot of experience trading that pair.

What trading strategy do you consider to be the most successful?

- It is hard to name just one, because one shoe doesn’t fit all. Every trader should choose the strategy depending on his or her personal qualities, such as self-discipline and the depth of market knowledge. As for me, I think that short term strategies work the best for my personality and my victory proved that.

Tell us a bit about the contest. I think that many of us want to know what your success factor was.

- It is a difficult question as I can’t compare my trades with the trades of other contestants. I can only say that I opened just two trades during the contest. It's just that I was really familiar with the pair I traded and increased the trade volume at the right moment. As a result, I managed to increase my initial deposit by about 40% and ended the round with the highest account balance.

Are you planning to participate in other contests of Grand Capital?

- Yes, I’ll go for Rally Trade next.

What would you recommend to those traders who haven’t yet participated in Grand Capital contests?

To those who are determined to win I would recommend to pick an instrument you are really familiar with. If you are a novice, then don’t be afraid of contests because contest account is a great way to practice a new strategy without losing own money.

And good luck to all the traders out there!

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!

Dear clients!

We are happy to announce that now apart from the daily payback received for trading continuously our clients with "Golden"  status will enjoy additional privileges that include:

• All withdrawal requests are processed within 1 working day.
• Customer service requests are prioritized and moved up in line.
• Deposit commission charged by any payment system (except MoneyGram and Western Union) is compensated by Grand Capital disregarding the deposit amount.

Payback loyalty program was launched in November 2015 and received a lot of positive feedback form our clients. Payback is a daily monetary compensation our clients receive for trading continuously. At the moment the program includes four levels:
 

1. Newbie – 5 or less days – 0
2. Bronze – 6 to 15 days - $3.5 per Lot.
3. Silver – 15 to 30 days - $4.5 per Lot.
4. Golden – over 31 days - $5.5 per Lot.

All clients of Grand Capital trading with Standard account are eligible to enroll. Payback is deposited on a daily basis and statistics is displayed in the Private Office.

If you have additional questions please contact out customer support team through online chat or email [email protected]

Benefit from the best trading conditions offered by Grand Capital!

Dear Traders!

Due to the celebrations of the Chinese New Year on February, 8 all deposit and withdrawal transactions involving FasaPay accounts will not be carried out. The official website of FasaPay says that all requests submitted on 8^th of February will be executed on the 9^th of February.

Starting from 9^th of February all services will be working as usual.

Don’t forget that you can always use other convenient payment systems offered by Grand Capital.

Yours truly,
Grand Capital

Starting from 4th of February 2016 Visa and Mastercard withdrawals for clients in Ukraine and Belarus are working as usual.

Yours truly,
Grand Capital team.

Due to the multiple requests we've received from our clients for the past month, we decided to extend our no-commission deposit promotion till 29th of February! It means that for one more month Grand Capital will compensate commission of all payment systems (except Western Union and MoneyGram) if the deposit amount equals or larger than $300!

To deposit without commission just go to your Private Office, choose a deposit option and state the deposit amount starting from $300.

Deposit on the best terms with Grand Capital!

Dear clients!

We are sorry to inform you that due to technical difficulties withdrawal for Visa and Mastercard is unavailable in Ukrabe and Belarus. We will notify you once withdrawals will be resumed to normal.

Please mind that you can use other withdrawal methods - learn about all possible withdrawal options offered by Grand Capital on the dedicated website page.

All other Grand Capital services are fully functioning as usual.

Please consider these changes when planning your trading activity.

Yours truly,
Grand Capital team.

We are glad to present our interview with the winner of Round 36 of our regular Future Trade contest which took place on 4-8 of January 2016. The winner Andriy Ovdak, who received $1000 for demo trading has agreed to answer our questions and share his thoughts about the contest and the strategy which helped him overcome all other contestants. 

Andriy, why did you choose a futures contest while the majority of traders prefer currency pairs to trade with?

- Yes, you are right, the majority prefers currency pairs and I am one of them. But I always want to try something new, so this contest was an ideal chance to try myself in trading futures.

Why did you choose Grand Capital from all the brokers out there? 

- Grand Capital offers a wide selection of trading instruments, good trading conditions and holds many contests.

What CFD instruments to you usually trade with?

- To be honest, I never trade futures on my real accounts. In the contest I used MINI RUSSEL as it is quite volatile.

What trading strategy do you consider to be the most successful?

- I don't follow any trading strategy. But I study wave analysis and use this knowledge to trade on my real and contest accounts.

Was it your first time to participate in the contest? 

- I've participated in the contest several times, but only this round turned out to be successful for me.

Share your contest experience with us - was it hard to compete with other contestants? What do you think brought you the victory?

- I guess I could call the round a bit tough. To be honest, it was hard to locate my exact position as traders' funds and trades are not displayed in the rating, but as soon as the round ended it all became clear. As I said before I chose MINI RUSSEL and opened a short position. The price then decreased a lot which allowed me to close with the biggest profit.

Are you planning to participate in other contests offered by Grand Capital? If yes, which ones?

- Yes, I will keep participating in the company's contests. I think that demo contests give you a chance to get good trading experience without risking your own money.

What would you say to future participants of the Future Trade contest?

- I would advise them to find their futures and follow the trend

and, of course, Good Luck!

Future Trade contest is one of the regular Grand Capital demo contests and is held on every first week of the month. You don't need any investments to participate in the contest. During the whole week, trading with deposit of $10 000 on a demo account you need to get the highest profit and then the main prize of $1000 will be in your hands.

We are glad to announce that we have expanded our partnership with one of the most popular payment systems in China – UnionPay. Now our clients from China are able to not just deposit all types of GC trading accounts (Standard, Micro, ECN, Option, Swap Free (Islamic)) but also withdraw funds using UnionPay.

Deposits made through UnionPay are processed in 15 minutes. Withdrawals in yuan are processed during 3 working days. Withdrawal commission charged by UnionPay starts from 2% of the amount, but not less than 6 yuan.

To request a withdrawal you need to go to your Private Office and create a request, where fields are filled in Chinese (except card holder name).

We would also like to remind you that you can deposit with the best conditiongs offered by Grand Capital. All clients of Grand Capital can get +40 to any deposit amount. When depositing over $300 the company will compensate the commission charged by any payment system.

Yours truly,
Grand Capital team.

On January 18th, 2016 FinaCom PLC, operator of FinancialCommission.org and neutral mediator serving the online Forex industry announced its newest member – GrandCapital LTD.

Giancarlo Spinnato, head of GC LTD :

“Creating trust-based relationships with our clients has always been one the top priorities for our company. For many years we have been working on this task alongside with such well-known and respected organizations as KROUFR and CRFIN. However, over the past year the amount of foreign traders in our company has significantly increased and we have made the decision to join the Financial Commission which represents foreign and Russian traders alike. This decision is aimed to increase our reliability in the eyes of our customers.”

Financial Commission is an industry-specific dispute resolution service which is supported by Dispute Resolution Committee comprised of recognized industry professionals. It is an international independent service that guarantees honest and timely resolution of any disputes regarding Forex trading. Any trader can submit a claim – the website is translated to various languages.

After the membership application had been approved by FinaCom PLC, Grand Capital status as an official member of the Financial Commission came into effect as of January 15^th, 2016.

Petr Tatarnikov, chairman of the Financial Commission said:

“We are very pleased to welcome Grand Capital as our new member. The membership will most certainly help the company to build strong and honest relationships with the clients. It is a wise step towards Grand Capital business development.”

Grand Capital has been providing financial, educational and brokerage services since 2006. For a significant amount of time it has been a member of such organizations as KROUFR and CRFIN, working alongside with them to create transparent Forex market in Russia. At the moment the company has made the decision to leave KROUFR which can only represent clients from Russia and CIS and became a member of international organization to provide all its clients with equal conditions. We thank KROUFR for the many years of effective collaboration!