From September 9th to 11th Grand Capital participated in Investment and Finance Expo, one of China's largest financial expos that took place in Guangzhou. During the expo's award ceremony, Grand Capital received Best ECN broker 2017 award.
Also on the 8th of September, Denis Kulagin, our head of International Development department was first to speak at Financial Industry Expo forum on Xi'an. In his speech he addressed the topic of modern IT in the financial sphere.
Denis Kulagin, the head of International Development department:
"I'm honored to open this expo's forum. This gesture from our Chinese colleagues is a sign of respect towards Grand Capital and emphasizes our long history of mutual trust. I think our Best ECN Broker award is well deserved, as in many aspects this service was being developed with consideration of wishes of our Chinese clients, who value fast transactions, high liquidity and other extended features of accounts. It's not our first expo in China and again we reminded of the importance of communicating with our partners. Together we outlined the principal directions for our development in China. We are planning on continuing to work in this region and one of our highest priorities right now is a new office there."
Grand Capital received Best ECN broker 2017 award for our new ECN Prime account for professional trading that was introduced this summer. This account was designed to provide access to the market of high liquidity and immediate order execution. It means that a trader's requests are always executed at the market's best prices regardless of the circumstances.
Starting from October 1st Grand Capital changes the reward system for LAMM accounts. Previously LAMM managers were required to select a type of reward, by a trading period or by each trade. However, this system left investors with a lot of questions. In order to make trading more transparent for investors and more easy-to-grasp for both parties, we decided to abandon one type of reward and completely switch to the other, reward by a trading period, i.e. reward for total amount of trades of the investor for a certain period of time. For instance, if a manager selects a 24-hour period, they will once a day receive the commission for a client's trading on this day. Managers can choose the period length individually. The shortest period available is one day.
All managers who now use "commission for a trade" or "percentage for a trade" reward systems must contact our client support before the 1st of October and set the desired period length and reward percentage. Those who fail to do so before the October 1st will be automatically switched to 0% reward percentage.
Contact our support team by phone +7 (812) 389-66-79, by email info@grandcapital.net or via online chat on our website.
This July we made cryptocurrency trading available. Now Grand Capital clients can deposit and withdraw funds in one of the most popular cryptocurrencies, Bitcoin. There's no commission for deposit and withdrawal in Bitcoin.
Deposit and withdrawal requests are created in USD as usual, then they are converted into the account's currency according to the current rate. There's no limit on minimum deposit and minimum withdrawal sum is $10. You can deposit and withdraw in Bitcoin on Standard, Options, Micro and Swap Free accounts. Deposits to ECN Prime account are possible through internal transfer. There's no commission for such transfers and they are executed within 1 day.
Interview with contest winners: “Successful traders take risks”
The winners of our contests are quite sure that a successful trader spares no expense on education, is always ready to take calculated risks and listens to more experienced traders. Read the opinions of the three of our most recent contest winners. Who knows, maybe their stories will help you to get to the top. Read, learn and dare!
Natalya Filliova, Russia, the winner of 201th round of Rally Trade
"I often participate in trading contests because I like the competitive spirit and the emotions associated with it. I tend to choose shorter contests. That's why after I won Drag Trade I decided to try Rally Trade and now I finally made it. I think I won thanks to a good AUDUSD movement, I managed to place the positions in time and it all worked out. The hallmark of a successful trader is a huge amount of time invested in education, That's why I advise the beginners to learn and make calculated decisions."
Tadeusz Kubala, Poland, the winner of 202th round of Rally Trade
"I'm 61. Until recently I owned a business, but now I work at a factory. I started trading about 10 years ago. I always liked the field of finance. Forex is very popular in Poland. I think the reason is that the technology education here is on a high level. I mostly trade USD/JPY, USD/CAD and EUR/USD. When I trade I alternate between technical and fundamental analyses. For example, I won this round thanks to the latter: Canada's GDP went up 0.3% this June and I figured that Canadian dollar would grow stronger.
All in all, financial market trading is not a very difficult thing. The real art of trading is in controlling your emotions. At the same time I think that a successful trader doesn't shy away from risk and has a strong spirit. I chose Grand Capital because of low minimum deposit, low spread, the absence of requotes and the safety of funds. My advice for the beginners is to deal with stress, not to be afraid to change your strategy and set adequate stop losses."
Ebrahim Nejaddarzi, Iran, the winner of 385th round of Drag Trade
"I'm 41 and I'm a teacher. I've been trading for 10 years. At first, I used to lose a lot, but now I focus on money-management and risk management. My most memorable trade was at the time of Brexit. Then I profited a lot from selling the GBP. I use a combination of moving average 55 and Ichimoku. I trade mostly USDJPY, GBPUSD and EURUSD. Demo contests help to understand the market better. I won this round thanks to fast decision-making. But the beginners should only make decisions based on thorough analysis of the situation and not on intuition, and learn from the others' experience."
P.S. Read contest rules and sign up for the next round here.
Grand Capital launches the first blockchain-based secure Forex marketplace
Grand Capital has been providing online trading services for over 10 years. During this time we became a prominent member of the global broker community. Participation in major industry events enabled us to compare our own experience with others. We analyzed the current situation on Forex and binary options markets and realized that the industry needs to change as there is still no means for traders to feel secure on the worldwide scale, when working with foreign brokers.
We teamed up with our tech partners from UpTrader and set out to solve this problem. Now we are ready to present Serenity Financial, the first blockchain-based secure Forex marketplace for traders and brokers. Serenity acts as an intermediary that controls both parties. The platform utilizes modern technology, including cryptocurrencies and blockchain, which ensures the integrity of all trades and withdrawal transactions.
Funding of the platform will be as transparent as its operation. We invite everyone interested in the project to participate in Serenity Financial ICO. Pre-ICO starts as soon as mid-November. Learn how the platform works and read about the ICO on Serenity Financial website.
Denis Kulagin, Serenity Financial CEO:
"Serenity is a unique project. It has all the potential to change Forex market and solve a lot of problems traders face. Serenity uses blockchain technology to record all trading and non-trading transactions. The platform stores funds and provides liquidity to brokers. It's Forex reinvented, a united, secure and honest Forex for everybody."
The project is already supported by a number of brokerages and fintech companies which are ready to act as both partners and participants of the project.
Dmitry Rannev, one of Forex pioneers and CEO of Rannforex:
“I've always stood for transparent Forex. The project aims to increase transparency on the market, hence I support it. The idea is quite interesting and I think that it has all chances to evolve into something great.”
Here are the results of the last trading week. Follow the top traders!
The most active client
Placed 2079 trades, including 1213 profitable ones and 866 that resulted in a loss. The majority of trades involved EUR/USD, AUD/CAD and USD/CHF.
Maximum deposit growth
In one trading week on a single account was $50 664.85.
The most profitable trade of the week
In one trading week on a single account was +$13 012,83. The trade was opened on the 28th of September at 10:48 AM and closed on the 10th of October at 6:30 PM.
The most interesting instruments chosen by traders:
WHEAT — wheat futures contract. The size of wheat futures contract is 5.000 bushels. Since bushel is a volume measurement unit, different kinds of grain have different weight equivalents. For wheat it's 136.00775 metric tons.
@ EJPY — euro/Japanese yen cross-currency futures. The trading volume is several thousand contracts a day, the contract size is 125 000 euro. Minimum price fluctuation is 0.01 yen for 1 euro or 1 250 yen per 1 contract. Initial margin is 324 000 yen.
# ROSNEFT — Russian oil and gas company. In 2013 in became the world's largest oil producer. In 2016 Rosneft was included in Fortune Global 500 (118th). Turnover: $80.8 billion (2016);
# MCD (McDonald’s Corporation) — an American corporation, the world's largest chain of fast food restaurants until 2010 which uses a franchise system. In 2016 it was included in Fortune Global 500 (420th). Turnover: $35.39 billion (2016);
# BAC (Bank of America) — an American financial conglomerate which provides financial services for individuals and legal entities. It's the largest bank holding company in the US by number of assets. Bank of America is 23rd among the largest companies according to Forbes (2015). Turnover: 83.416 billion (2015).
Interview with contest winners: "Everything that happens here depends only on you"
Among the recent contest winners are a water supply company employee, yoga teacher and a future Master of Laws in Taxation. The common theme of this interview round-up is that experience helps. Learn not only from your own experience but also from the experience of others.
Oleg Zharskiy, Russia, the winner of 204th round of Rally Trade, received no-deposit bonus of $500. Oleg had already won Drag Trade contest before.
"I'm 54 and I'm a junior manager at the city water supply plant. My work schedule allows me to spend time on my hobby, which is Forex trading. Although in summer I'm usually distracted by other things, and the Internet access is awful at my dacha. I've been constantly participating in Grand Capital contests. I think that all these contests are great, each in its own way. I joined this round and started trading only three hours after the contest began, but I won nonetheless in the end. Although to a large extent I won thanks to the opponent's mistakes, who took the second place. Late in the contest he got nervous and started losing. Can anyone become a trader? I don't know. The important thing is to like it, if you're not interested, you're not going to get very far. Before I begin trading, I read analytic reviews for about an hour and choose a strategy. I pay attention to indicators in my trading terminal. I will continue to trade. After all, experience comes with time."
Marina Zorina, Russia, the winner of 57th round of Future Trade, received no-deposit bonus of $1000.
"I'm 38. I teach yoga and I like to travel in my spare time. How did I get into trading? I was looking online for a job or just a source of extra income. So I was introduced to the currency market. I've been trading for about 10 years. Last year I managed to triple my balance when the market was very volatile. It was a great achievement for me. At first, I had lots of difficulties, of course, both with learning how to use trading software and with understanding the points of entry and exit. In this contest, I used indicator-based strategy. When I trade on a real account, I usually base my strategy on the channels lines, intraday support and resistance levels. I like that Grand Capital offers various contests, both for demo and real accounts. Future Trade is a demo contest, meaning the money isn't real. It's important since not everyone has a couple hundred dollars to spare from a personal budget. Still, a market is a market and no one can provide you with guarantees. Everything that happens here depends only on you, and on your skill and experience. The contest is a great opportunity to earn a decent income without any investment."
Christoph Schneider, Austria, the winner of 389th round of Drag Trade, received real $200.
"I'm 26. I study economics at a university and now I'm working on my Master's thesis, it's about the influence of taxation on transportation prices. I started trading three years ago on the advice of my friend. It seems to me that in Austria and Germany people are less interested in investing in financial markets than in other countries. Everyone here is very cautious about it. Trading is a proper analysis of data. If you want to achieve something amazing, you have to follow the news and choose a correct strategy. I attended a couple of courses on finance as a part of my education, so I learned the basics there. But mainly I learned trading on my own. I started with combining short-term and long-term strategies. Surprisingly it brought results immediately. For a long time, I engaged in intraday trading and traded binary options and DAX CFD (Germany's major stock index). Recently I got interested in precious metals, coal and Russian stock index. It's because I think that there will be a correction soon on American and European stock markets. When I choose a broker I pay attention to the range of offered trading instruments. And, of course, the possibility of trading small amounts with a low spread, since my funds are not so big yet. With Grand Capital, I trade Russian stock CFDs and metals that aren't offered by other brokers. The most important for beginners is a good risk management. Place stop orders and make sure that your account balance stays liquid, it helps you react to unforeseen circumstances."
P.S. Read contest rules and sign up for the next round here.
Let's look back at the past trading week. Here are the best results in our weekly recap.
The most active client
Placed 1882 trades, including 899 profitable ones and 983 that resulted in a loss. All trades involved EUR/USD.
Maximum deposit growth
In one trading week on a single account was $15 757,24.
The most profitable trade of the week
Resulted in a profit of +$6328,00. The trade was opened on the 6th of October at 3:13 PM and closed on the 16th of October at 8:21 PM.
The most interesting trading instruments chosen by traders:
CORN — Corn futures contract. One corn futures contract volume is 5000 bushels or 127 metric tons. Minimum price fluctuation is 0.25 and costs $12.5;
COCOA — cocoa futures contract. Cocoa futures contract volume is standard and equals 10 tons. Ono pip costs $10. Thousands of suppliers, industrial customers and investors around the world follow closely the quotes of this commodity asset. The largest producer of cocoa is Côte d'Ivoire. Other major producers include Indonesia, Ghana, Nigeria, Brazil and Cameroon;
GOLD — gold futures. Contract volume: 100 troy ounces (around 3.11 kg). Minimum price step: $0.10 per ounce ($10.00 per contract). Gold prices usually grow during economic crises. Historically, the inflation growth is also usually accompanied by the growth of gold prices;
# DD (DuPont) is an American chemical company and one of the world's largest companies in the industry. The company has developed many unique polymers and other materials, including neoprene, nylon, Teflon, Kevlar, mylar, etc. Included in the list of Fortune 1000 in 2008 (81st place);
# DIS (The Walt Disney Company) — one of the major financial conglomerates of the entertainment industry. The company was founded in 1923 by Disney brothers as a small animation studio. Now it is one of the largest Hollywood studios, which owns 11 amusement parks and two water parks, as well as several television and radio broadcasting networks. Included in the Dow Jones industrial index.
We have selected the last week's best traders. Read the new round-up and learn about the client with a stunning ratio of profitable and losing trades.
The most active client
Placed 1008 trades, including 997 profitable ones and 11 that resulted in a loss. The majority of trades involved EUR/USD and GOLD.
Maximum deposit growth
In one trading week on a single account was $45 660,18.
The most profitable trade of the week
In one trading week on a single account was +$28 825,00. The trade was opened on the 12th of October at 1:27 PM and closed on the 23th of October at 3:49 PM.
The most interesting instruments chosen by traders:
NASDAQ-100 — futures mini contract for NASDAQ-100 stock index. The contract size is calculated by multiplying the current value of the index by 20 USD. 1 tick is 0.25 and costs $5. NASDAQ is an American OTC market that specializes in hi-tech companies shares (electronics, software etc.);
LUMBER — lumber futures contract. The contract size is standard and equals 110.000 board-feet. One tick is 0.1 and costs $11.00;
KC — coffee futures contract. The contract size is 37 500 pounds (around 17 tons). One tick is 0.05 and costs $18.75. Coffee market has a higher liquidity than many other commodity markets because of the high demand for coffee;
# YANDEX ("Yandex") is a Russian multinational company that owns an eponymous search engine, multiple online resources and services in several countries. Yandex is the world's 4th largest search engine by the number of processed search requests (over 6.3 billion per month as of early 2014). Turnover: 75.92 billion RUB (1.25 billion USD) as of 2016;
# APPLE — an American manufacturer of personal computers, tablets, audio players, mobile phones and software. Apple occupies the first place in the world by market capitalization, which is 537 billion USD as of January 11th, 2016.
Grand Capital weekly recap (October 30th–November 3rd)
Read our recap of the best trading results of the past week.
The most active client
Placed 1110 trades, including 563 profitable ones and 547 that resulted in a loss. The majority of trades involved GBP/USD, GBP/JPY and EUR/USD pairs.
Maximum deposit growth
In one trading week on a single account was $27 955,75.
The most profitable trade of the week
In one trading week on a single account was +$7800,00. The trade was opened on the 25th of October at 1:54 PM and closed on the 2nd of November at 12:10 PM.
The most interesting instruments chosen by traders:
COTTON — cotton futures. The contract size is 50 000 pounds (around 22.68 tons). One tick is 0.01 and costs $18,75;
FESX — DJ EURO STOXX 50 index futures. The contract volume is calculated according to the following formula: €10 multiplied by the current index quote. One tick equals €10.00. Dow Jones EURO STOXX 50 is a market capitalization-weighted stock index of 50 large, blue-chip European companies operating within eurozone nations;
GASOLINE — gasoline futures. Contract volume: 42 000 gallons (around 159 cubic meters). Minimum price step: $0.0001 per gallon or $4.20 per contract. Gasoline is a product of crude oil distillation. Gasoline price is subject to seasonal fluctuations, local minimums are reached in December and local maximums are reached in May;
# FORD — an American manufacturer of vehicles, automotive parts, and accessories. It’s the world’s fourth largest automaker by volume of production during the whole history of a company. Now Ford is the third largest automaker in the US (after GM and Toyota) and the second in Europe (after Volkswagen). The company occupies the 9th place in Fortune 500 (a list of the largest US public companies) as of 2015;
# AEROFLOT — the largest airline in Russia and one of the world's oldest airlines. It was founded in 1923 and at the time was fully state-owned. After the Soviet Union was dissolved, the company became semi-privatized, with 51% of the shares still owned by the government. As of 2015 Aeroflot's revenue is 366 307 billion RUB.
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