Among the trading platforms that GrandCapital provides are MetaTrader 4, MetaTrader 5, and its in-house Grand Trade platform. It provides a variety of trading options, including over 45 currency pairs, stocks, indices, energy commodities, and precious metals. However, despite its promising offerings, many traders have reported concerning issues that have raised serious questions about the broker’s practices. Check more in this GrandCapital review.
Website: https://grandcapital.net/
Website Availability: Yes
Address: C4-R5, Xvision House, Providence Estate, Mahe, Seychelles
Regulation: Unregulated
Warning: Financial Services Authority (Seychelles)
Domain Age:
- Name GRANDCAPITAL.NET
- Registry Domain ID 864062206_DOMAIN_NET-VRSN
- Registered On 2007-03-09T16:29:14Z
- Expires On 2025-03-09T15:29:14Z
- Updated On 2024-02-21T15:44:01Z
Negative Reviews and Customer Complaints
GrandCapital has received a lot of bad feedback from traders, especially on sites like Forex Peace Army. One user warned others with a strong message: “Stay away from this broker”. They claim that once they began to show profitability, Grand Capital made up excuses to cancel their profits. According to their account, changing their account leverage was cited as the reason for the cancellation. This is seen as an unacceptable practice, as it undermines the trust traders place in brokers.
Slippage and Stop-Loss Hunting Concerns
Another recurring issue among GrandCapital users is slippage and stop-loss hunting. Traders have reported that the broker often adjusts entry prices or hunts stop-losses to prevent profitable trades. One complaint highlighted a situation where the trader’s order experienced a huge slippage of more than 200 points, leading to significantly lower profits than expected. In one instance, a trade that should have made more than $250 ended up yielding just $20. These issues can make trading with Grandcapital.net extremely frustrating.
Promised Bonuses That Don’t Materialize
Grand Capital also promises a 40% bonus on deposits, but several users have found that once they deposit funds, the terms change. The broker reportedly does not honor the bonuses or provides vague justifications for not honoring these offers. This practice is concerning and contributes to the negative sentiment surrounding GrandCapital.
GrandCapital Review Conclusion
While GrandCapital offers a wide array of trading options, the troubling reports and negative feedback from traders cannot be ignored. As reflected in many GrandCapital reviews, including those on Forex Peace Army, this broker may not be the most reliable choice for traders seeking a transparent and fair trading environment.
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