Grand Capital Forex brokers is an innovative broker that is also experiencing significant growth over the years. The broker is an international provider of online trading services. The brokerage has been able to serve its clients since 2006 with the best and differentiated online services. The company boasts multiple awards as one of the leading brokerage companies. Working with over 3,500 partners around the globe and with over 100,000 clients or traders, the company makes $1.3 billion turnover every month.
Libertex is an online forex and CFD brokerage brand that operates from Limassol in Cyprus. “Libertex” is the trading arm of Indication Investments Ltd, which is part of the “Forex Club Group”. The Forex Club Group was founded in Russia in 1997 and has expanded their operations to virtually all over the world.
|#||Broker's Features||GRAND CAPITAL Availability||LIBERTEX Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Grand Capital vs Libertex.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Grand Capital offers Online Financial Trading and Investment Services Such as 330 financial instruments (Forex, Stocks, Options,, while Libertex offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Grand Capital is Broker, Binary, while Libertex is Market Maker.
Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Grand Capital recommended minimum capital is 10, while Libertex has a Minimum Deposit Requirement of .
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Grand Capital is regulated by CRFIN, KROUFR, while Libertex regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. Grand Capital offers EUR, USD, JPY, CHF, GBP different account currencies for each account types, while Libertex offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Grand Capital offers Russian, Chinese, Indonesian, English, while Libertex offers Danish, Dutch, English, French, German, Italian, P Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Grand Capital offers Credit/Debit Cards, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney, Bitcoin different payment methods for each account types, while Libertex offers Credit/Debit Cards, Moneta.ru, Neteller, QIWI, Skrill, Webmoney payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Grand Capital makes MT4, Web-trader available to clients, while Libertex offers N/A.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Grand Capital is more reliable based on our criteria above. Grand Capital has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Grand Capital broker is regulated in more major hubs. Only Grand Capital Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Grand Capital offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Grand Capital offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Grand Capital broker offers lower minimum deposit requirement. Only Grand Capital provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.