GrandCapital Broker review
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GrandCapital is a well known broker with a long tradition in financial markets. They have existed since 2006 offering their customers at first Forex and CFDs, but now they also offer binary options. This GrandCapital review will show why this is an award winning platform that customers should consider when looking for a good place to trade.
GrandCapital Special features
GrandCapital is active on several markets and supports multiple platforms. They call Russia their home and have more than 30 offices there. They are also members of the “Commission for the Regulation of Relations on the Financial Market” thus ensuring they follow the best practices when it comes to consumer protection.
GrandCapital has several accounts for all the services they provide. One of those accounts is the Options account that is meant for traders who prefer to use binary options. With the Option account at Grand Capital traders can get up to 86% returns on their trades. They are also super customer friendly since the minimum trade is only $1.
Grand Capital has also very attractive bonuses that reach up to 2%. Now, many will ask themselves, how can 2% be a great bonus – well, GrandCapital bonus does not carry any requirements for turnover as these trams and conditions usually require, so, traders can withdraw it as their own cash. But, GrandCapital also has promotions with traditional bonuses where withdrawal turnover requirement is set at 40x.
GrandCapital Trading software
GrandCapital has a proprietary binary options trading platform that offers somewhat different types of binary options than what traders are probably used to. With GrandCapital, traders have options to choose between contracts for trading that already include clauses that help them better manage the risks. One of such instruments is the American option.
In financial literature an American option is the one where option can be closed even before the expiry time. With this type of option, traders get somewhat different return profile that depends on the time the contract was open. This means that returns aren’t fixed.
Other type of option offered with GrandCapital is the European option – this is closer to the highlow option we all know. This one has a fixed expiration period that cannot be changed. The American option can be considered as a binary option with embedded risk management tool known as the early close. European binary options offer higher returns. Obviously both types of options have the Put and Call version, depending on the assumed price direction.
There are also binary options called double touch options . These options work in a way that the customer defines the price channel and are very similar to the boundary/range options that some platforms offer. Other type also offered by GrandCapital is the Breakout option that is similar to the touch options.
GrandCapital also offers a range of market reviews and analysis, according to their duration. They also have an economic calendar and other pricing and analysis tools that can help traders while trading. Trading platform can be tested by asking for a demo account.