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Grand Capital

Interview with contest winners: “It all happened in the last few minutes”

Here are the interviews with two winners of Drag Trade and one winner of Rally Trade. All winners admitted to winning the contests literally in the last few minutes by a small margin. Read the interviews and decide for yourself, whether it’s luck or skill.

If you want to compete with other traders for a prize, choose your contest and sign-up for the next round.

Aleksandr Filimonov, the winner of 399th round of Drag Trade, received real $200

“I’m 58 and I’m an engineer. I like to build things, but trading is my main hobby for about 10 years. I learned about Forex from an ad. I had my difficulties, just like everyone else in the beginning. The difficulties of psychological nature: I wanted to get everything right away and I lost a lot of money because of that. I’m yet to achieve the art of calm and steady trading. I mostly trade with major currency pairs and gold. Recently I’ve been favoring GBP/USD. I use levels, Elliott Wave, Japanese candlesticks, Fibonacci retracement. I make decisions based on several indicators. I chose Grand Capital because of a solid reputation, a wide range of account types and instruments, easy deposit/withdrawal of funds. I like the fact that the company’s contests are regular and interesting. I beat my competitors at Drag Trade by less than 1%. The beginners should search for a strategy that suits their character, also don’t take big risks. Always have something to trade with for tomorrow.

Svetlana Pulatova, Azerbaijan, the winner of 210th round of Rally Trade, received $500 no-deposit bonus

“I used to teach English, now I’m 58. I learned trading on my own, after a recommendation from my friends. I mostly trade currencies, and I prefer Sniper strategy and scalping. I pay attention to spread and commission when choosing a broker. I like Grand Capital’s contests, they are a great opportunity to practice trading. I decided to participate in Rally Trade to win an initial capital. Although I won only by a small margin, I did it thanks to the correct choice of a currency pair and low volatility on the market. All beginners should try themselves in contests. If you can win, you’re ready to trade on real accounts.”

Yuri Ogoltsov, Russia, the winner of 401st round of Drag Trade, received real $200

“I’m 55. I dedicate all my free time to Forex trading. I learned about it accidentally four years ago. I learned from my own mistakes. A good trader must be disciplined and true to their dream. And of course, you should analyze your successes and failures. When you start trading, a desire for easy and fast income gets in the way. But with experience, you’re beginning to appreciate calm trading and start to get planned profit. I tried many different instruments and finally chose the most liquid ones: EUR/USD and GBP/USD. My strategy is the European session and intraday trading. I also use support and resistance levels. I love competition in general and often participate in contests. In this round, it all happened in the last few minutes. There’s a certain edge to Drag Trade, it’s a one-hour contest and since you risk more, you have to quickly make unorthodox decisions.”
 
Grand Capital weekly recap (February 12th–16th)



Learn about the previous trading week of the clients of Grand Capital. The top results are in our traditional recap.

The most active client

Placed 1843 trades, including 983 profitable ones and 860 that resulted in a loss. The majority of trades involved AUD/JPY, AUD/CAD, AUD/CHF.

Maximum deposit growth

In one trading week on a single account was $36,067.00.

The most profitable trade of the week

Resulted in a profit of +$13,183.46. The trade was opened on the 7th of February at 5:15 PM and closed on the 14tg of February at 5:34 PM.

The most interesting trading instruments chosen by traders:
  • NATURAL GAS — natural gas futures. The contract size is 10,000 million BTU. BTU (British thermal unit) is a unit of heat used in the United States. Today natural gas is widely used as a feedstock in the chemical industry. It is also used for heating of residential buildings and as a fuel for cars and power plants;
  • PALLADIUM — palladium futures contract. The contract size is standard and equals 100 troy ounces (around 3.11 kg). One tick is 0.05 and costs $5;
  • 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;
  • # LUKOIL — a Russian oil company. Lukoil's main areas of activity include the operations of prospecting, extraction and processing of oil and natural gas, sales of oil and oil products. According to Expert, a Russian business magazine, it's the second company in Russia after Gazprom by revenue as of 2014;
  • # MTS — a Russian telecommunications company. The company provides mobile network services, landline, broadband internet, mobile TV, cable and satellite TV. Trade volume — 431.2 billion RUB (2015).
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Grand Capital website is now available in German

A German-language version of Grand Capital website has become available. Now German-speaking clients of Grand Capital can use the services of our company more easily. From now on all the important information from Grand Capital, including news, product descriptions and technical analysis will be available there.

Info:

German is the fifteenth language that our website is available in. The others include Russian, English, French, Portuguese, Indonesian, Arabic, Farsi, Polish, Ukrainian, Armenian, Georgian, Thai, Vietnamese and Malay.
 
Grand Capital weekly recap (February 19th–23rd)



Read about the last week’s most efficient traders.

The most active client

Placed 1356 trades, including 873 profitable ones and 483 that resulted in a loss. The majority of trades involved USD/JPY, USD/CAD, NZD/USD, GBP/JPY.

Maximum deposit growth

In one trading week on a single account was $24 872,00.

The most profitable trade of the week

Resulted in a profit of +$15 750,00. The trade was opened on the 14th of February at 4:49 PM and closed on the 19th of February at 5:33 PM.

The most interesting trading instruments chosen by traders:
  • 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;
  • S&P 500 — a futures mini contract for S&P 500 stock index. The size of the mini contract for S&P 500 index is calculated by multiplying the index quotation by $50. One tick equals 0.25 index points and costs $12.50. S&P 500 index is a stock index which includes the selected 500 US public companies with the largest market capitalization;
  • COPPER — Copper futures. Contract volume is 25,000 pounds (around 11.34 tons). Minimum price step is $0.0005 per pound ($12.5 per contract). Millions of investors follow the copper quotations every day. Copper was the first metal to be worked and used by man. Total world production of copper is about 16 million tons per year;
  • # RUSGIDRO (RusHydro) — a Russian hydroelectricity company, owner of the most hydroelectric power plants in the country, one of the major Russian power-generating companies by installed plant capacity and world’s second largest hydroelectric generating company (behind Eletrobras) Capitalization: 360 billion RUB (2017);
  • # 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 850 billion USD as of September 5th, 2017.
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Over 300 traders attended Grand Capital Business Expo in South Africa

On the 24th of February, Grand Capital with partners held a business expo titled “Truth vs. Myth About Forex” in Klerksdorp, the largest city in North West Province in South Africa.

This time the event turned out to be on a really grand scale, it was attended by about 300 traders. The visitors learned how to develop a successful trading system, what trading ideas are currently popular, why invest in cryptocurrency, what’s in store for Ethereum and what to invest in on Forex.

Grand Capital team was represented by the CEO Stanislav Vaneev, the head of analytics department Sergey Kozlovsky and the international development manager Goutam Das.

Stanislav Vaneev, Grand Capital CEO:

“Educational events in different countries is a common practice for Grand Capital. Such events help us get to know our clients better, learn their needs and demands. We have a really motivated audience in South Africa. We are pleased to see that people want to educate themselves and increase their financial literacy.”

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See more photos from the expo on Grand Capital’s official Instagram page and Facebook page.

Grand Capital team
 
Grand Capital representative office in Myanmar is now a legal body

In August of 2017, Grand Capital opened a representative office in Yangon, the largest city of Myanmar, so that local traders could receive advice on the company’s services in person. Our Myanmarese clients still have the option to deposit in the local currency. To do so, go to your Private Office and select GC Myanmar from the deposit options.

Since February of 2018, our Myanmese representative has the status of a legal body and now is a Grand Capital franchisee.

Denis Kulagin, the head of international development at Grand Capital:

“A status of legal body provides traders with additional confidence, it’s a sign of a company you can trust. Our representative office in Myanmar now functions as a part of the franchise. We provide our franchisee with all our software, technical support and educational materials. So Myanmarese clients of Grand Capital now can be sure that they receive services of the highest quality.”

Address: Building, 275A, Room 1, Ground Floor, Yankin Road, 2 Ward, Yankin Township, Yangon. Myanmar.

Contact our representative office in Myanmar by phone +95 9440031331, +95 9450090930 or by e-mail: [email protected].

Grand Capital team
 
Grand Capital weekly recap (February 26th–March 2nd)



Learn the last week’s figures achieved by Grand Capital traders.

The most active client

Placed 1667 trades, including 1095 profitable ones and 572 that resulted in a loss. The majority of trades involved SILVER.

Maximum deposit growth

In one trading week on a single account was $24,797.08.

The most profitable trade of the week

Resulted in a profit of +$6149.17. The trade was opened on the 15th of February at 12:34 PM and closed on the 28th of February at 1:53 PM.

The most interesting trading instruments chosen by traders:
  • @AUD — AUD/USD rate futures. The contract size is 100,000 AUD. Minimum price fluctuation (one point and one tick) is $0.0001 per 1 AUD or $10 per one contract;
  • @CHF — Swiss franc to the United States dollar rate futures. The size of the contract is 125,000 francs. Minimum price fluctuation is $0.0001 per 1 franc or $12.5 per contract;
  • FGBS — a futures contract on German short-term bonds EUROSHATZ. The contract value is 100,000 EUR. 1 tick is 0.005 of a point (percent) and costs €5.00;
  • # FACEBOOK — the world's largest online social network. Facebook.com is one of the five most visited websites in the world. As of June 2017, monthly audience of the network is 2 billion users, while the revenue is $27.638 billion (2016);
  • # GOOGLE (Google Inc) is an American multinational public corporation that invests in web search, cloud computing, and advertising technologies. Google supports and develops a number of Internet services and products. The company manages more than a million servers in data processing centers around the world and processes more than a billion search queries.
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Grand Capital reduces commission on cryptocurrency trading

Starting from March 7th, 2018, the commission rate on cryptocurrency trading is lowered from 2.4% to 1.6% for round turn and, respectively, down to 0.8% per side. The new commission rate is valid for all cryptocurrencies.

A total of 20 cryptocurrency pairs are available for trading at Grand Capital on ECN Prime account: BCH/USD, ETH/BTC, XMR/USD, BTC/USD, LTC/USD, LTC/BTC, ETH/USD, ETH/LTC, DSH/USD, DSH/BTC, XMR/BTC, ETC/BTC, XRP/USD, ETC/USD, BTC/EUR, ZEC/USD, BCH/ETH, BCH/BTC, ZEC/BTC, BTC/RUB.

ECN Prime provides access to the market of high liquidity and immediate order execution. Orders are executed in accordance with the best market quotes and not depending on any external circumstances.

Minimum deposit on ECN Prime account is $500.

Open an account in your Private Office.

The information on all available trading instruments is available in contracts’ specifications.

Grand Capital team
 
New deposit method for South African clients now available at Grand Capital



Grand Capital has expanded the range of deposit/withdrawal methods. Now our South African clients can deposit through FNB South Africa without any intermediaries. All operations are carried out in the local currency, South African Rand (ZAR). EUR/ZAR and USD/ZAR currency pairs are also available for trading.

Goutam Das, international development manager:

“Grand Capital now allows traders from South Africa to make deposits to their trading accounts and withdraw their profit in the local currency, South African Rand. Not only it will cut the currency conversion costs and make entering exchanges easier, but also will allow keeping the funds in the national currency and inside the country.”

To deposit:
  1. Select the desired payment method in Deposit/Withdrawal section;
  2. Choose an account for depositing in your Private Office and enter the amount;
  3. You will be redirected to the payment page;
  4. Follow the instructions.
  5. The funds will be transferred within the period of 3–5 days.
The commission rate is set by the bank.

FNB Bank

Having been founded in 1838, FNB (First National Bank) is South Africa’s oldest bank. The company’s head office is in Johannesburg. FNB Bank is one of the leading banks in Africa, it’s a recipient of multiple awards for outstanding achievements in the banking sector.

Learn about other deposit methods available at Grand Grand Capital here.

Grand Capital team
 
Grand Capital weekly recap (March 5th–9th)



We present the last week’s best trading results.

The most active client

Placed 1642 trades, including 963 profitable ones and 679 that resulted in a loss. The majority of trades involved SILVER.

Maximum deposit growth

In one trading week on a single account was $32 043,33.

The most profitable trade of the week

Resulted in a profit of +$4560,00. The trade was opened on the 6th of March at 2:27 PM and closed on the 7th of March at 5:03 PM.

The most interesting trading instruments chosen by traders:
  • @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;
  • # SILVER — Silver futures contract. The contract volume is 5000 troy ounces (around 155.5 kg). Minimum price step is $0.005 per ounce or $25.00 per contract. The price of silver strongly depends on the state of the world's economy and the economies of consumer countries. Silver futures is a very volatile instrument;
  • Dow Jones — Dow Jones stock index mini futures contract. DJIA (Dow Jones Industrial Average) index is the oldest American market index existing today. The index comprises 30 major American companies. The contract size for DJIA mini futures contract is calculated according to the formula: $5 multiplied by the index quote;
  • # 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 the number of assets. Capitalization: $232 billion (2017);
  • # HD (The Home Depot) is an American retailing company, the world’s largest retailer of construction products and tools and one of the largest retailers in the US. Capitalization: $162.66 billion (2017).
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Grand Capital weekly recap (March 12th–16th)



Last week’s most profitable trade brought the trader who placed it $9,749.32. Follow the best traders at Grand Capital and compare your results!

The most active client

Placed 963 trades, including 613 profitable ones and 350 that resulted in a loss. The majority of trades involved USD/JPY and EUR/CAD.

Maximum deposit growth

In one trading week on a single account was $23,773.53.

The most profitable trade of the week

Resulted in a profit of +$9,749.32. The trade was opened on the 6th of March at 1:40 PM and closed on the 13th of March 9:22 PM.

The most interesting trading instruments chosen by traders:
  • TF — a futures mini-contract for Russell 2000 stock index. One tick is 0.1 and costs $10. Russell 2000 represents the dynamics of two thousand of the small-cap companies, which reside at the bottom of the list of three thousand largest public companies that are included in quotation lists of American stock exchanges;
  • ORANGE JUICE — orange juice futures contract. The contract size is standard and equals 15,000 pounds (approximately 6.9 tons). One tick is 0.05 and costs $7.5;
  • PLATINUM — Platinum futures contract. The contract volume is 50 troy ounces (1.56 kg). Minimum price step is $0.10 per ounce and $5 per contract. Platinum is a very important metal in terms of both industrial and personal needs. It’s the main and most popular member of the platinum group of elements, which also comprises palladium, ruthenium, rhodium, osmium and iridium;
  • # 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). Capitalization: $100 billion (2017);
  • # CVX (Chevron Corporation) — America's second largest energy corporation (after Exxon Mobil), one of the largest corporations in the world. The company operates oil and gas extraction activities around the world. Chevron owns five oil refineries in the US and three in other countries: Thailand, South Africa and Canada.
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Interview with contest winners: «Contest is a great place for experiments»

Our new interview round-up features winners of Rally Trade, Drag Trade and Future Trade. The winners of our contests often share their successful strategies and provide useful insights. Today Vilani Kazem from Iran told us about his unusual trading style, swing trading, while Serhiy Bosyi from Ukraine explained why trading contests are a perfect experiment platform.

Serhiy Bosyi, Ukraine, the winner of the 214th round of Rally Trade, received $500 no-deposit bonus
  • Trading experience: 7 years
  • Preferred instruments: currency pairs, gold, silver
  • Preferred indicators: Moving Average, Stochastic, CCI, MACD
“Seven years ago I bought my first computer and started to learn my way around the web, and while I was at it I discovered Forex. I tried trading with a lot of brokers, I had my rises and downfalls, I wasted a lot of energy on this. On a more positive note, I acquired useful experience. I chose Grand Capital because of their contests. Contests are a great platform for experiments, it’s useful for checking your indicators and earning your initial capital. If you’re a beginner, my advice is to have lots of patience and learn! Financial markets can be a source of good income.”

Vilani Hamid Kaze, Iran, the winner of the 409th round of Drag Trade, received real $200
  • Trading experience: 6 years
  • Trading style: swing trading
  • Preferred indicators: Ichimoku, RSI
“I’m 24. I’ve not been trading for a very long time, only about six years. However, I want to get better at it, earn more minimize my losses and, possibly, make trading my main occupation. I’ve been trading with Grand Capital for five years and I have no reason to complain. I’m a careful trader, I meticulously abide by the rules of risk management. I like swing trading. This trading style is not very time and energy consuming and allows to balance trading with other activities. You only need to determine the market stage you’re on and promptly open trades at the extreme points. My advice to the newcomers: be patient, keep calm and trust your strategy.”

Sarvar Daliev, Uzbekistan, the winner of the 61st round of Future Trade, received $1,000 no-deposit bonus
  • Trading experience: 2 years
  • Trading style: swing trading
  • Preferred instruments: EUR/USD, GBP/USD, GBP/JPY, USD/CAD, USD/CHF, USD/JPY
  • Preferred indicators: moving averages
“I studied economics. Previously I worked at a bank, but now I’m trading on financial markets. Discipline helps a lot in trading, I’m perfectly in control of my emotions thanks to my nerves of steel. When I choose a broker I pay attention to withdrawal and order execution time. I entered a Grand Capital contest to test the reliability of the company. Future Trade trains flexibility and ability to make decisions quickly. I wanted to try trading futures contracts, so I picked this contest. During my round, the market demonstrated high volatility and it helped me. Generally, it’s not enough to use your skills in a contest, luck is also important. I won thanks to the convergence of three factors: high volatility, luck and scalping.”

Read the contest rules and sign-up for the next round of any contest here.
 
Grand Capital weekly recap (March 19th–23rd)



Learn about last week’s top traders.

The most active client

Placed 1,574 trades, including 983 profitable ones and 591 that resulted in a loss. The majority of trades involved GBP/AUD, USD/CAD and EUR/CAD.

Maximum deposit growth

In one trading week on a single account was $21,365.76.

The most profitable trade of the week

Resulted in a profit of +$15,559.66. The trade was opened on the 6th of March at 12:48 PM and closed on the 19th of March at 11:34 AM.

The most interesting trading instruments chosen by traders:
  • GASOLINE — gasoline futures. Contract volume: 42,000 gallons (about 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;
  • ROUGH RICE — rough rice futures contract. Rice is one of the most cost-demanding grain crops. It is produced all over the world and is second by the production volume among the top three grains, standing between wheat and corn. Minimum price step is 0.5 cent and costs $10;
  • FEEDER CATTLE — a delivery futures for 50,000 pounds of cattle (young bulls). Minimum tick is $12.50. Cattle futures have been traded since 1971 for wide-ranging prices: from $0.25 to $1.25 per pound;
  • # PG (Procter & Gamble Co) — an American multinational company, one of the world’s leading producers of consumer products. The company's shares are included in the Dow Jones industrial index. It’s listed 34th in Fortune 500 (2016). The company has representations in 70 countries, while its products are sold 180 countries;
  • # INTC (Intel Corporation) — an American producer of electronic devices and computer components, including microprocessors, chipsets, etc. Almost 100% of the company’s shares are freely traded on stock exchanges. In mid-February 2017 the company’s market capitalization was $170.85 billion, while as of late January 2018 it’s $234 billion.
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Grand Capital at Asia Trading Summit 2018

On the 22nd and 23rd of March, Grand Capital took part in Asia Trading Summit in Shanghai.

Asia Trading Summit is organized by a major finance publication Finance Magnates. According to the host’s estimates, the summit attracted over 5,000 visitors, 70 participants and 20 speakers.

Sergey Kozlovsky, head of analytics at Grand Capital:

“China has always been a very attractive region for our company. At Asia Trading Summit 2018 we spoke about the upgraded trading conditions on ECN Prime and ECN Crypto accounts, reduced commissions and lower spreads. We also presented our latest offering, partner commission management service. Furthermore, we held several meetings with potential customers and received valuable feedback from our existing clients.”

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Tian Haowen, our development manager in China, also reviewed the summit’s results. Watch the video on Grand Capital’s official YouTube channel. Tian speaks in Chinese, so we prepared English subtitles for the video. Click CC button to turn on the subtitles.

See more photos from the event on our Instagram page.

Grand Capital team
 
Deposit and withdrawal in SGD now available

Grand Capital aims to provide more convenient deposit and withdrawal options. Now our Singaporean clients can deposit and withdraw funds in Singapore dollars.

Deposit commission is compensated by Grand Capital. Withdrawal commission depends on the bank.

To deposit in SGD:
  1. Go to your Private Office.
  2. Select Grand Capital Singapore in Deposit/Withdrawal section.
  3. Select an account and enter an amount for deposit.
  4. Follow the instructions.
Deposits are processed within 1 day, withdrawals from 1 to 3 days.

Learn about all available deposit and withdrawal methods here.

Grand Capital team
 
Grand Capital weekly recap (March 26th –30th)



Here’s what Grand Capital clients achieved during the last week. Read about the best trading results.

The most active client

Placed 817 trades, including 498 profitable ones and 319 that resulted in a loss. The majority of trades involved GBP/AUD and EUR/AUD.

Maximum deposit growth

In one trading week on a single account was $21,294.08.

The most profitable trade of the week

Resulted in a profit of $13,743. The trade was opened on the 26th of March at 8:56 AM and closed on the 27th of March at 3:46 PM.

The most interesting trading instruments chosen by traders:
  • SOYMEAL — soy flour futures. Due to their high liquidity and the importance of the underlying, soy flour futures contracts are interesting for both hedgers and speculators. Minimum quote fluctuation is $0.1 per short ton or $10 per contract;
  • @ CAD — futures contract for the Canadian dollar to the US dollar rate. The quotations are opposite of Forex quotations. The contract size is 100,000 CAD, minimum price fluctuation is $0.0001 per 1 CAD or $10 per contract;
  • COTTON — cotton futures. The contract size is 50,000 pounds (around 22.68 metric tons). One tick is 0.01 and costs $18.75;
  • # YANDEX — a Russian multinational company that owns the eponymous search engine, multiple websites and services in several countries. Yandex is 29th most popular website in the world in 4th in Russia as of January 10th, 2018, according to Alexa.com;
  • # DIS (The Walt Disney Company) — one of the world’s major financial conglomerates in 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. As of March 2017, Disney's market capitalization is $177 billion.
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Our clients in the Philippines and Vietnam now can deposit and withdraw in local currencies

Grand Capital is making its services more convenient for different countries. Now our clients from the Philippines and Vietnam can deposit and withdraw funds in local currencies.

Deposits are carried out within 1 day, while withdrawals take from 1 to 3 days. Deposit commission is compensated by our company, withdrawal commission depends on the bank.

Denis Kulagin, head of International Development at Grand Capital:

“Our company has a large number of partners in the Philippines and in Vietnam. They have already tested Grand Capital services and now help us improve trading conditions for local traders, and that includes making deposits more convenient. Among our plans for these countries is to open education centers. Follow the news!”

Grand Capital team
 
Interview with contest winners: "You can only learn trading fast with a mentor"

Our new contest winners share their advice on how to avoid making the same mistakes over and over again, how to handle failed trades and speak on the importance of rest.

Yevgeny Karpov, Russia, the winner of the 410th round of Drag Trade, received real $200
  • Trading experience: about 12–15 years
  • Preferred instruments: EUR/USD, GBP/JPY, sometimes GOLD
  • Preferred indicators: Fibo, Parabolic SAR, Moving Average with various settings
  • Trading strategies: Fibonacci levels
“I’m 36 and work as a system administrator, programmer, and a tester. All my hobbies are connected to the world of IT in one way or another. I learned trading on my own, but I think one would learn faster under the supervision of a mentor that guides them on a beaten path and you don’t have to keep making the same mistakes over and over again. However, it applies only to beginners, while later on, you need to practice yourself. The market is a fickle thing and the basics are not enough to know your way around. I placed my most successful trade at the time of Brexit, though usually, I try not to get involved with “gambling”. Things like these are nearly impossible to predict and highly volatile. In these situations, I normally “sit on a fence” and follow the quotes. I hardly believed I could win this round. I used my usual strategy that involves Fibonacci levels. There was a surge of GBP/JPY quotes in the beginning and then they went flat between the levels of 61 and 100. That’s when I sold at 100 and bought at 61.”

Alisher Gapirov, Uzbekistan, the winner of the 215th round of Rally Trade, received $500 no-deposit bonus
  • Trading experience: 8 years
  • Preferred instruments: major currency pairs
  • Preferred indicators: various oscillators
  • Trading strategies: breakout trading
“I’m a multichannel communication engineer. I learned about financial markets from a person I know. I decided to give it a shot and I liked it. I won’t lie, at first I blew many accounts like a typical newbie. Though eventually, I got the hang of it. I owe my skills to various contests. You have to get better all the time to succeed in trading. Even if it’s not working out at the moment, try again. My least successful trade was when I tried trading at the time of Scottish independence referendum. I lost a large sum of money. After 8 years on the market and after all the roller coasters I no longer worry when placing a trade. I grew a shell and now I just trade. I wish all the newcomers diligence. Be patient and if you don’t succeed at first, just try again.”

Serhyi Ganzha, Ukraine, the winner of the 413th round of Drag Trade, received real $200
  • Trading experience: 9 years
  • Preferred instruments: EUR/USD, GBP/USD
  • Preferred indicators: Moving Averages
  • Trading strategies: multicurrency strategies
“My attitude towards financial markets hasn’t changed over the years. I still think that trading is a promising and profitable occupation that has lots of advantages over a regular job. Namely, you can work anywhere, don’t have bosses, work your own hours. I see myself as a successful manager in the future, someone who knows how to multiply their own funds and that of the investors. My most successful trades were placed at the times of important news in the US and the UK. My unsuccessful trades are always limited by stop loss. I believe in myself and in my trading system and that helps me control my emotions. Another important thing is to rest. This round was on Good Friday, that’s why trading volumes and volatility were very low. In the first trade, I managed to gain four points from the fall of EUR/USD and I decided to stop trading. The decision proved correct. My advice for beginners is to have patience, learn from professionals, work out your own trading system, try it out on a demo account and only then start real trading. Good luck!”

Read the contest rules and sign-up for the next round here.
 
Grand Capital weekly recap (April 2nd–6th)



We have selected last week’s best traders.

The most active client

Placed 1,652 trades, including 1,202 profitable ones and 450 that resulted in a loss. The majority of trades involved SILVER.

Maximum deposit growth

In one trading week on a single account was $28,500.

The most profitable trade of the week

Resulted in a profit of $3,580. The trade was opened on the 13th of March at 4:47 PM and closed on the 4th of April at 11:06 AM.

The most interesting trading instruments chosen by traders:
  • SB — Sugar futures. The contract volume is standardized and equals 112,000 lbs. (50.8 tons). 1 tick equals 0.01 and costs $11.20;
  • NASDAQ-100 — futures mini contract for NASDAQ-100 stock index. 1 tick is 0.25 and costs $5. NASDAQ is an American OTC market that specializes in hi-tech companies shares;
  • NATURAL GAS — natural gas futures. The contract size is 10,000 million BTU. BTU (British thermal unit) is a unit of heat used in the United States. Today natural gas is widely used as a feedstock in the chemical industry. It is also used for heating of residential buildings and as a fuel for cars and power plants;
  • SOYBEAN OIL — Soybean oil futures. The volume of a single futures contract is 60,000 pounds. Minimum price fluctuation is 1/100 cent or $0.0001 per pound, which equals $6 per contract;
  • # CSCO (Cisco) — American transnational company. Cisco develops and sells network equipment for large organizations and telecommunications enterprises. One of the world's largest hi-tech companies.
Earn more with Grand Capital
 
Grand Capital introduces improvements to ECN Prime trading conditions

Starting from April 10th, 2018, the conditions for ECN Prime account are improved in a number of ways.

The commission on trading Forex and CFD instruments is reduced by half, from $10 to $5. Stop Out is also down by half, from 100% to 50%. Moreover, minimum deposit required to start trading on ECN is now $500 instead of the previous $1000.

To start trading on ECN Prime:
  1. Register on Grand Capital website
  2. Open an ECN Prime account
  3. Deposit $500 or more
  4. Download MetaTrader 4 (PC and mobile versions are available) or use our Web Terminal.
58 trading instruments are currently available at ECN Prime account: Forex, oil, metals and indices CFDs.

Info

ECN Prime provides access to the market of high liquidity and immediate order execution. Orders are executed in accordance with the best market quotes and not depending on any external circumstances. The best possible price among an unlimited number of liquidity providers is used for order execution.

Try the new Forex! Open an ECN Prime account today.

Grand Capital team
 
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