Grand Capital Broker Profile and Reviews

hmm, for deposit bonuses, it's actually a double-edged sword for me. On one hand, it can really help hold positions, so if we have relatively large capital, we can dare to swing trade for up to a week.

But on the other hand, deposit bonuses can also make us lose our sense, leading us to want to take positions that are actually beyond our capabilities, especially if the bonus is up to hundreds of percent. 

So if a broker offers a 40% bonus, I can understand that; it's better to have a moderate bonus than an excessive one. Cheers to Profit

Yes, the LP is indeed well-known among many people. But by the way, why does this broker have ECN accounts and Swap Free accounts with such a big difference in minimum deposit? As far as I know, usually ECN accounts and swap-free accounts are combined, or both are ECN.

ECN accounts already include gold but there is no oil yet. FYI, ECN accounts generally have less availability because brokers need to connect those assets to reputable liquidity providers. Automatically, not all types of assets are accepted by the related PL.
If it's a dealer, it's a different story; they can add as many assets as they want. They themselves are the liquidity providers.

In my opinion, a minimum deposit of USD 1,000 for an ECN account is still relatively light compared to other brokers. Just compare it with local brokers where the average minimum deposit for STP accounts is IDR 50 million for standard accounts.

That's why I say this broker's trading requirements are quite competitive.

If we say it's new, actually this broker has been around for quite a long time, since 2006. It's just that it has only recently become known in Indonesia. In the past, it was known as a dealing desk broker. So you can kind of expect what the broker model is like. 

But now it seems this broker has also started offering STP accounts, so it also offers Non Dealing Desk accounts as well. 

Regarding its advantages, they are more or less similar, but as far as I know, it is still less popular compared to other major Russian brokers.

In my opinion, I am interested in trading here because of the payback program. The concept is similar to a rebate, but the rebate value is quite large compared to its competitors, around USD 5/lot.

In addition, this broker also offers free VPS service plus its ROBOT if you deposit USD 1688.

On paper, all the LPs are indeed top class. Ideally, with high liquidity, brokers shouldn't need to intervene with requotes. 

But slippage can still happen, even without any broker intervention. I've experienced news trading back and forth and always faced slippage because the trading volume suddenly spikes and sometimes the server is a bit slow in processing all those orders.

Want to deposit or withdraw smoothly, sir? The process is also easy. It’s quick, under 2x24 hours, and transfers can be made through local banks. What could be better than that?

If the contract is $10, and the deposit is only 50, making two consecutive wrong price guesses means a drawdown of 40%. To break even again, you need to chase a target return of 60%++

That's why if you want to seriously play Options, the minimum deposit should be above USD 100.

Use a micro account, if possible a cent account. With a capital of only USD 100, you can quickly get a margin call on a standard account. Since the smallest account here is only a micro account, just use that.

Also, when trading, avoid pairs with crazy volatility like XAUUSD or exotic pairs like USDZAR. It's better to trade in pairs like EURUSD or USDJPY first, so you can adapt to the trend movements.

From my friend's trading experience here, he said that for scalping, the best is actually the ECN account type, because there are really no requotes, but unfortunately there is an additional commission per lot.

Now, on the other hand, if it's a standard account, the trading costs are cheaper, but sometimes during news releases like NFP, the slippage can be quite far as well. 

Which broker did you open an account with back then, bro? Have you succeeded or faced a margin call? If you still lack experience and aren't ready for significant losses, I suggest starting with a micro account.

In a micro account, the risk is smaller, so even if there's a sharp price movement, we can still control the losses (as long as the lot size isn't reckless).

oh, it doesn't have to be that way, not all new brokers behave like that. This broker's spread and slippage, in my opinion, are still reasonable, usually below 1 pip on major pairs. I also have never experienced a re-quote on my standard trading account.

there's no one like that from my trading experience here, the spreads are really fair and I haven't experienced any requote so far. As for slippage, it's very rare because I also rarely trade during news, so overall this broker is fair.

yes, there are so many asset options, I'm amazed, how do they manage the liquidity with that many assets? Because as far as I know, other ECN brokers usually only offer major and minor pairs.

But the good thing about having a large number of assets is that using hedging or asset diversification strategies becomes easier. For example, long BTCUSD is really risky, that's why I diversify with a buy position in XAUUSD.

Almost all Russian brokers definitely provide this, including this broker. The payout is around 80% on average, and the minimum deposit starts from 10 dollars.

Is there a bad experience, sis? Do you have a screenshot? So the testimony is more convincing.