GrandCapital

Grand Capital (GrandCapital) is an international broker with about 20 years of history, operating since 2006, known for its range of accounts, the option to start with $10, very high leverage and Persian-language support for Iranian traders. Alongside these features, its low ratings across various platforms are something that should not be overlooked. In this overview, the Teagle editorial team has reviewed Grand Capital's license, accounts, payment methods and risks based on recorded data.

What kind of broker is Grand Capital?

Grand Capital Ltd is registered in Seychelles under registration number HT01124138, and its focus is on offering varied trading conditions for different trading styles. Forex, metals, energy, indices, cryptocurrencies, stocks, commodities and bonds can be traded across its different accounts. Scalping, hedging, news trading, phone trading and the use of expert advisors are also allowed. It has a Persian website and support, and according to Teagle's data it serves Iranians.

Grand Capital's licenses and credibility

According to Teagle's latest review, Grand Capital has only one active license:

• MISA (Mwali International Services Authority), Mohéli island in the Union of the Comoros: number BFX2024219, active; issued on 9 November 2024.

MISA is a weak offshore body and has no credible protection mechanism for client funds. Notably, this license was issued only about two years ago, while the broker has two decades of history. Before depositing, be sure to read the article What are offshore and onshore brokers to understand what such a license actually guarantees in practice.

Does Grand Capital serve Iranians?

Yes. According to current information on GrandCapital's official website, Iran is not on this broker's list of restricted countries. Teagle's expert considers Grand Capital a notable option for Iranians in terms of access and features: Persian support, deposits and withdrawals with cryptocurrencies such as Tether and Bitcoin, and an Islamic account. However, this does not mean there is no legal risk or that service is permanently guaranteed, and client acceptance terms may change.

Grand Capital trading accounts

Grand Capital offers five accounts. All of them have floating spreads, a 100% margin call level and an Islamic version available, and no requotes have been recorded:

• Micro account: minimum deposit $10, spreads from 1 pip, no commission, leverage 1:1000 and 66 popular forex and metals symbols.
• Standard account: minimum deposit $100, spreads from zero, zero commission on forex, leverage 1:1000 and over 500 symbols.
• MT5 account: minimum deposit $100, zero spread, commission from $5, leverage 1:3000 and over 400 symbols.
• Swap free account: minimum deposit $100, zero spread, commission from $5, leverage 1:3000 and over 150 symbols.
• Prime ECN account: minimum deposit $500, zero spread, commission from $5, leverage 1:500 and over 220 symbols.

The stop-out level is 80% for the Prime ECN and MT5 accounts and 40% for the other accounts; an 80% stop-out means positions get closed very early. Leverage of 1:3000 is also very dangerous for beginners; read the guide to leverage and leveraged trading before using it. To understand the structure of the Prime account, the article What is an ECN account is useful. Recorded limitations include a balance cap on the Micro account and base currency restrictions on some accounts.

Grand Capital platforms and services

Trading takes place on MetaTrader 4 and MetaTrader 5 (Windows, Mac, Android and iOS) and WebTrader; access to some stocks is limited on MetaTrader 4. Additional services are extensive: bonuses, cashback, rebates, education, copy trading, PAMM, social trading, expert advisors and robots, an IB program, an economic calendar and calculators. Before using the copy service, see the copy trading guide and check the bonus terms on the broker bonuses page .

Deposits and withdrawals at Grand Capital

Grand Capital's payment methods are mostly designed for African and East Asian countries. For Iranian users, the practical options are:

• Cryptocurrencies (BTC, ETH, USDT): withdrawal fee depends on the blockchain, processing up to 3 days.
• Binance Pay (USDT): 2% withdrawal fee, processing up to 3 days.
• USD bank card: 5% withdrawal fee, processing in 1 business day.

The minimum deposit depends on the account type, and deposit fees and times are not stated. Withdrawal time of up to 3 business days is listed among this broker's drawbacks.

Grand Capital's rating and risk on Teagle

Grand Capital's final score on Teagle is only 1.52 out of 5: Trustpilot 2.3, WikiFX 1.46 and Forex Peace Army 0.8; no Teagle user has left a review for it yet. The Teagle Eye risk index for this broker is 60 out of 100, in the "medium risk" category. Its 20-year history has lowered the risk, but its single offshore license and very low credibility scores have raised it.

Pros and cons of Grand Capital

• Pro: long operating history and service to Iranians with Persian support
• Pro: variety of accounts and platforms, starting from $10
• Pro: support for robots and EAs, bonuses and incentive programs
• Con: only one weak offshore license and very low credibility scores
• Con: withdrawal time of up to 3 business days and withdrawal fees on most methods
• Con: balance limit on the Micro account and base currency restrictions on some accounts

Who is Grand Capital suitable for?

According to Teagle's expert, GrandCapital is worth considering for beginner traders with small capital, Muslim traders, algorithmic traders, copy trading investors and IB partners. It is not suitable for traders with large capital, those who want fixed leverage or high leverage over the weekend, and users for whom withdrawal speed and cost are a priority. For a comparison with a similar broker, see the Grand Capital vs AMarkets comparison and the ranking of brokers suited to small capital .

Conclusion

Grand Capital offers many features for Iranians, but its weak license and low credibility scores call for serious caution. Start with a Micro account and a small amount, avoid very high leverage, make a test withdrawal, and follow new warnings on the investment risk warning page .