Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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GCoption Review 2023

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  • Min. Deposit $10
  • Max. Payout 86%
  • Min. Investment $1
  • Trade FX/CFDs
  • Max Leverage -
  • Spread EUR/USD from 2 pips

Grand Capital 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 Grand Capital review will show why this is an award-winning platform that customers should consider when looking for a good place to trade.

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  1. Grand Capital Binary Options

    Grand Capital 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.

    GCoption 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, GCoption 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.

  2. Grand Capital Forex Broker

    Grand Capital 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 Grand Capital Forex Broker and trading contracts 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 GCoption 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 GCoption is the Breakout option that is similar to the touch options.

    Grand Capital forex broker 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.

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  3. Grand Capital Minimum Deposit

    One of the most attractive metric when evaluating a broker is definitely the investment minimum required to begin trading. By investment, we refer to the minimum deposit and the minimum trade amounts. Grand Capital minimum deposit is competitively low and starts from only $ 10, whereas Grand Capital minimum trade starts at $1. With a total investment of only $11 required, GCoption stands proudly among the most sought-after brokers of today.

    Another perk is definitely the support they provide covering all trading related matters and topics. Depending on the department one wants to contact with GrandCapital, traders can reach the help desk either 24/5 or  during limited working hours during regular business days. Customers can use e-mail and phone. Traders can also use Skype if there is something urgent to cover.

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  4. Grand Capital Review

    The company behind the broker is Grand Capital Ltd. 036046 (Suite 102 Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles)

    GrandCapital has one of the widest selections of Forex and Binary options depositing methods we have ever seen. Everyone will find her/his favourite method on the list. Supported payment methods are Visa, MasterCard, Maestro, Visa Electron, Bank Wire, Skrill Moneybookers, WebMoney, Neteller, Okpay, Fasapay, Qiwi, American Express, Payeer, Perfect money and more.

    The minimum deposit is only $10 and so is the minimum withdrawal. This is really great news for traders who prefer to be in full control of their trading account. It takes about 1-3 days to process the request for withdrawal which is among the best in the industry. There are no fees for withdrawals.

     

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