Grand Capital No Deposit Bonus Review

Forex and binary broker Grand Capital offers one of the largest bonuses among existing on the market – $500 on the trading account in 2023. Broker has been providing financial, educational, and brokerage services for more than 16 years since 2006.

How to get Grand Capital bonus?

I should say you that this Grand Capital no deposit bonus could not be withdrawn. You may withdraw only the profit after fulfilling all the conditions of the broker. So, follow further instructions to know how to get one of the biggest no deposit bonus at forex market in 2023.
To get this no deposit bonus from Grand Capital you should register at their site and open a trading account. To start you should go to the official site of the broker (simply click on the banner below):

If you already have the Grand capital account, then you should log in to your personal account through the official site. If you do not have one, then go through the registration procedure. Do not worry, it’s quick and easy: you have to input your first name and last name, phone number, and e-mail address and confirm check that you are already 18 years old. Then you will be redirected to your personal area (Private Office) at the broker’s site. Its interface looks like this (the image is clickable):

From here you may download the last version of the MT4 terminal, create a new account for trading or investments, and view the existing promos from the broker. Our aim is to open the Grandcapital bonus account “Welcome Bonus $500”. It can be done only once, so be careful. Go to the section “Bonuses” and you will find there the actual bonus list. It looks like this:

Here you will see links for confirming your phone number and passing document verification. Click on the first link. You will get to the security settings section where you may change the OTP binding. It can be done in two ways: enter your phone number and receive an SMS or download a special application (available for IOS, Android, and Windows, 7/8).
Then, go to the next section – “Documents”. Here you may pass the verification of your identity. Choose which id document you prefer to upload (identity documents, driver’s license, bank card with two sides) and fill in other fields. Make sure that the file size is not too large and file format will be readable by the broker’s system.

When the verification procedure will be completed, the special button “Get the bonus” appears in the “Bonus” section. You should click on it to open a special account “Welcome Bonus of $500”. This grandcapital bonus account without deposit will be credited 500 dollars which can be used for trading during the nearest seven days.

How to withdraw no deposit bonus of Grand Capital?

After opening the bonus account you have only seven days to trade on it. Funding the Grand Capital welcome bonus account and withdrawals from it are impossible. Trading conditions are similar to the Standard account (about conditions for a trading account – below), but the leverage can’t exceed 1:100. After 7 days USD500 will be deducted from the account balance. Only trading profit will stay at the account balance. The bonus account type will change to Micro if the bonus profit will be less than $100. The bonus account type will change to the Standard if your bonus profit will be more than $100. For further work, it is necessary to activate a new account. For activating you need to make a deposit on an amount equal to or bigger than your trading profit (but the deposit amount has to be not less than $10 for the Micro accounts and not less than $100 for the Standard accounts). Without such activation (via deposit) all bonus profit will be charged off from your balance in seven days.
You may trade as usual at these types of accounts. Broker’s terms&conditions for them are next (clickable):

Withdrawal will be available only after completing a certain amount of trading operations on the Micro or Standard real account: for every $5 of your profit made on the bonus account, you must trade 1 lot for the Standard account or 100 lots for the Micro account.
After completing the trading condition you should submit a request for converting your bonus profit into your own funds. To do this in the Grand Capital private office, log in to your account, then select “Support” – “Create a ticket” or simply send your request to the company’s e-mail. Write in the message subject: “$ 500 – no deposit bonus – the transfer of the ownership of a bonus”. Do not forget to write your trading account number and your name. Support will review your application, check the possibility of fraud, and approve your request if everything is ok.
Pay attention to some additional conditions of receiving of Grand Capital $500 no deposit bonus:

You can’t get other bonuses to your account;
The welcome bonus can be received only once;
You can not open an investment account, only trading;
You are prohibited to trade through proxy servers.

Grand capital real account types

Grand Capital offers traders the following 6 real types of trading accounts to cover different trading preferences:

• Standard Account: requires a minimum deposit of $100, offers spreads from 1 pip and zero commission for FOREX trades, while CFD trades have different commissions. Leverage ranges from 1:1 to 1:500 and account currency options include USD, EUR, RUB, Yen, GBP, gold, mBTC, and mETH.

  

• MT5 account: similar to the standard account with a minimum deposit of $100, but with lower spreads starting at 0.4 pips and commission fees varying for different instruments. Leverage from 1:1 to 1:100, account currency in US dollars.
• Micro-account: suitable for first-time Grand Capital traders with a low minimum deposit of $10, spreads from 1 pip, and no commission. Leverage ranges from 1:1 to 1:500, and account currency options include eight currencies and four metals.
• ECN Prime account: a minimum deposit of $500 is required, spreads from 0.4 pips, and commissions vary for different instruments. Leverage ranges from 1:1 to 1:100 and the account currency is US dollars.
• Swap Free Account: ideal for Islamic traders with a minimum deposit of 100 USD, spreads from 1 pip, and commissions vary for different instruments. Leverage ranges from 1:1 to 1:500 and the account currency is US dollars.
• Crypto account: designed for cryptocurrency trading, with a minimum deposit of 100 USD, spreads from 0.4 pips, and a fixed commission of 0.5%. Leverage is fixed at 1:5 and the account currency is US dollars.

Each account type has unique features for different trading strategies, making Grand Capital a great choice for traders of all levels.

How to fund your Grand Capital trading account?

Here are all the convenient deposit funding methods available at Grand Capital:

• Bank cards: you can use your bank cards in international currencies (INT) such as Euros and US dollars. The deposit processing time is surprisingly fast, only about 15 minutes. The best part is that Grand Capital will cover the commission, so you won’t be charged anything.
• Bank transfer: you have several banking options available such as Bank Windhoek, FNB Namibia, and GTBank Nigeria. The transfer time for these banks is 24 hours (1 business day) and the fee varies depending on the sending bank.
• Paylivre Bank: If you prefer BRL, Paylivre Bank is a great choice. The deposit time is 15 minutes, and as with bank cards, Grand Capital fully covers the fee.
• Electronic payment systems: Grand Capital supports various electronic payment systems such as Astropay, FasaPay, Help2Pay, PayRedeem, PayTrust, and Paylivre. The processing time for these methods is only 15 minutes, and again the commission is fully compensated by the broker.
• Perfect Money: with Perfect Money, you can make deposits in Euros and US dollars, and the processing time is approximately 15 minutes. The minimum commission for using this method is 0.5%.
• Thunder X: If you are dealing with MMK, THB, LAK, or KHR, you should consider Thunder X. It takes about 15 minutes to process a deposit and the commission is covered by Grand Capital.
• Cryptocurrencies: for crypto-enthusiasts, Grand Capital accepts bitcoin (BTC), Ethereum (ETH), and Tether (USDT). However, the deposit processing time for cryptocurrency takes about a day and is determined by the respective blockchain.
• Local transfer agents: if you prefer local transfers, Indian Exchanger is available for INR and USD. The transfer time is 1 day and again Grand Capital covers the commission.

Take advantage of these various deposit methods to easily and efficiently fund your trading account with Grand Capital.

List of available withdrawal options

Here is a list of all available ways to withdraw funds from your Grand Capital account:

• Bank Transfer: you can withdraw funds to Windhoek Bank or FNB Namibia in NAD (Namibian Dollar). The transfer time is 24 hours (1 business day) and a 1% fee is deducted, but not less than 5 NAD.
• GTBank Nigeria: withdrawals in NGN (Nigerian naira) or US dollars with a processing time of 24 hours (1 business day). The commission is 0%, which means you can withdraw your funds without any fees.
• Paylivre Bank: If you prefer to withdraw in BRL (Brazilian Real), you will have no problem withdrawing funds from your account, but it may take up to 3 days. A 1.5% withdrawal fee applies.
• Electronic payment systems: for withdrawals via electronic payment systems you can choose among Astropay, FasaPay, Help2Pay, PayRedeem, PayTrust and Paylivre. Withdrawal processing time is up to 3 days and the commission is from 0.5% to 2.4% depending on the chosen system.
• Perfect Money: withdrawals are made in Euros and US dollars, the processing time is up to 3 days and the commission is 0.5%.
• Thunder X: if you prefer LAK, MMK, THB, or KHR, you can withdraw with a processing time of up to 3 days and a 1.5% commission.
• Cryptocurrencies: for cryptocurrency lovers, Grand Capital supports Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) withdrawals. Processing time is up to 3 days and is determined by the respective blockchain.
• Local Transfer Agents: you can also use Indian Exchanger to withdraw in USD and Indian Rupees with a processing time of 1 to 3 days, depending on the bank.

With these different withdrawal methods, you can quickly access your funds and withdraw your trading profits from your Grand Capital account with minimal effort. The main thing is that the trade was profitable and there was something to withdraw.

FAQ about Grand Capital

Important facts about GrandCapital

Grand Capital has been serving clients in currency, cryptocurrency, and derivatives trading since 2006. It was founded on December 2006 by two UAE residents: Hamad Ali Saif Lootah, and Abdullah Bu-Haleeba, as a Limited Liability Company. With an impressive track record of 18 professional community awards, the company has already proven their stability and reliability. Operating in 190 countries with 750,000 clients, Grand Capital offers 24/7 support and a range of trading platforms, including MetaTrader 4, MetaTrader 5, and Grand Trade. With more than 500 instruments available, including currency, cryptocurrency, CFDs, stocks, indices, commodities, and metals, Grand Capital ensures a diverse and profitable trading experience for its clients. Moreover, their proficiency in 15 languages facilitates seamless communication and personalized support worldwide.

Is Grand Capital regulated?

The broker has been regulated by the Financial Commission (FinaCom) since 2016. Thus, they provide quality service and client protection. As a Category A broker, they provide the highest level of reliability supported by a compensation fund with coverage of up to €20,000 per client. Dispute resolution with the Financial Commission ensures fair and timely resolution of Forex trading disputes. With more than 100 resolved cases, it is evident that Grand Capital strives to fully satisfy clients’ needs and safeguard their funds.

How to withdraw and deposit funds?

To deposit funds or to request a withdrawal from your account at Grand Capital you may use the next payment ways: VISA, Visa Electron, MasterCard, Maestro, Bitcoin, Ethereum, FasaPay, Neteller, Skrill, Payeer, Perfect Money, Webmoney, Sentraegold.

Which trading platform broker supports in 2023?

At Grand Capital, you may use for trading MetaTrader 5(MT5), MetaTrader 4(MT4), and WebTrader (terminal for in-browser online trading).

Which trading tools may I use?

GrandCapital has different financial tools for trading and investment. You may use in your trade biggest cryptoсurrency(18 cryptocurrency pairs), ECN Prime(quotes from the leading market-makers Bank of America, Deutsche Bank, BNP Paribas, Societe Generale), Binary options, CFD(stocks, indices, commodities, currency pairs), futures contracts. For investment, you may use LAMM accounts(an improved version of PAMM accounts. The main difference between LAMM and PAMM is a way of profit allocation and risk management capabilities).

Article contents

• 1 How to get Grand Capital bonus?
  • 1.1 How to withdraw no deposit bonus of Grand Capital?
• 2 Grand capital real account types
• 3 How to fund your Grand Capital trading account?
• 4 List of available withdrawal options
• 5 FAQ about Grand Capital
  • 5.1 Important facts about GrandCapital
  • 5.2 Is Grand Capital regulated?
  • 5.3 How to withdraw and deposit funds?
  • 5.4 Which trading platform broker supports in 2023?
  • 5.5 Which trading tools may I use?