What Account Types and Fees Does Grand Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and intermediate traders |
Low minimum deposit, user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, multiple authorized users |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliance with Sharia law, no overnight interest |
Available upon request |
| Demo Account |
All traders |
Practice trading without risk, full access to platform features |
Unlimited duration for practice |
Account Opening Process
To open an account with Grand Capital, users must follow a straightforward process. First, prospective clients need to submit personal information, including their name, contact details, and date of birth. Next, employment and financial information are required to assess suitability for trading. Additionally, identity verification is essential; this involves providing a government-issued ID and a proof of address, such as a utility bill. Once the initial application is submitted, clients can often upgrade to a professional account later if their trading experience and volume meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Stocks) |
0.2 |
$0 (ECN: $4/lot) |
Variety of listed stocks |
| CFDs (Indices) |
1.5 |
$0 (ECN: $4/lot) |
Access to major global indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, Grand Capital may impose several other costs. These can include deposit and withdrawal fees, which vary based on the payment method used. Inactivity fees apply if an account remains dormant for an extended period. Additionally, there may be platform usage fees, although these are typically minimal. Overnight interest, or swap rates, is applicable for positions held overnight, while currency conversion fees can be incurred if trading in currencies other than the account’s base currency.
