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Do you want to know which is the better broker between Grand Capital and MTrading ?
In the table below, you can compare the features of Grand Capital , MTrading side by side to determine the best fit for your needs.
Long: -12.68
Short: 4.02
Long: -18.32
Short: 3.52
EURUSD: 0.9
XAUUSD: -6.7
Long: -6.75
Short: -0.7
Long: -12.05
Short: -4.68
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of grand-capital, mtrading lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
General Information & Regulation
Grand Capital Holdings Limited is a financial services firm based in Hong Kong. Its wholly owned subsidiaries of Grand Capital Securities Limited and Grand Capital Futures Limited, offer execution and advisory services to individuals, corporations and institutions through its brokerage, wealth management, asset management and institutional divisions. Clients can utilize self-directed and advisor assisted channels to access global markets and gain exposure to multiple asset classes. Grand Capital is licensed by SFC to conduct type 1, 2, 4, 5 and 9 regulated activities and holds trading and clearing memberships on the Stock Exchange of Hong Kong and Hong Kong Futures Exchange.
Products
Products offered by Grand Capital Holdings Limited include Securities, Futures, Stock Options, and Fixed Income.
Services
Services offered by Grand Capital Holdings Limited include Brokerage services, Wealth Management, Asset Management, Institutional Services.
Trading Platform Available
Grand Capital Holdings Limited gives its clients give two choices: iTrade and WebTrade.
Customer Support
TheGrand Capital Holdings Limited customer support can be reached through telephone: Tel +852 3891 9888, Fax: +852 2529 2899 , as well as email: cs@grandch.com.
Note: MTradings official site - https://mtrading.com/# is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Registered Country/Region | Saint Vincent and the Grenadines |
Found | 2012 |
Regulation | unregulated |
Market Instrument | forex pairs and CFDs on spot metals, spot energy, cash index and stocks |
Account Type | Premium & ECN Pro |
Demo Account | N/A |
Maximum Leverage | 1:1000 |
Spread | Vary on the account type |
Commission | Vary on the account type |
Trading Platform | MT4 |
Minimum Deposit | $100 |
Deposit & Withdrawal Method | Visa, MasterCard, Skrill, Neteller, Wire Transfer, Maybank, QIWI, Perfect Money, Local Exchanger, etc |
MTrading, a trading name of ServiceComsvg LLC, is an online broker registered in Saint Vincent and the Grenadines and established in 2012 to provide investors with various trading instruments with flexible leverage up to 1:1000 and floating spreads from 0 pips on the MT4 trading platform via two different live account types.
As for regulation, it has been verified that MTrading holds an unappointed National Futures Association - NFA license. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.98/10. Please be aware of the risk.
Note: The screenshot date is January 17, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
Investors can trade forex pairs and CFDs on spot metals, spot energy, cash index and stocks on the MTrading platform.
Account Types
MTrading offers two different accounts for investors: the Premium Account (minimum deposit of $100) and the ECN Pro Account (minimum deposit of $500). The minimum trade size for both types of accounts is 0.01 lots.
Leverage
When it comes to trading leverage, MTrading offers flexible leverage depending on account balances. The maximum trading leverage offered by this broker is 1:1000, which is considered high. Since leverage can magnify profit but also losses, inexperienced traders are not advised to use such a high leverage level.
Spreads & Commissions
The spreads on Premium accounts start at 1 pip, and there is no commission on trades, while the spreads on ECN Pro accounts start at 0 pips, and the commission on trades is $3 per lot.
Trading Platform Available
MTrading offers traders the most popular MT4 trading platform and MT4 PC, Web, and Mobile, an all-in-one forex trading platform with advanced charting tools, a wide range of custom indicators, and the ability to develop automated trading programs and support for EA trading.
Deposit & Withdrawal
Last but not the least, concerning funding options supported by MTrading, this broker offers a series of payment methods, including Visa, MasterCard, Skrill, Neteller, Wire Transfer, Maybank, QIWI, Perfect Money, Local Exchanger, etc.
There are indeed some fees involved in deposits and withdrawals. Traders who fund accounts through Visa/Mastercard are subject to a fee of 1.5%, depositing via Skrill requires a fee of 3% when withdrawing funds.
Customer Support
You can also follow MTrading on social networks such as Facebook and LinkedIn. Company address: First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines. However, this broker doesnt disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Multiple trading assets and funding options | • No regulation |
• MT4 supported | • Website inaccessible |
Frequently Asked Questions (FAQs)
Q 1: | Is MTrading regulated? |
A 1: | No. It has been verified that MTrading holds an unappointed National Futures Association - NFA license. |
Q 2: | Does MTrading offer the industry-standard MT4 & MT5? |
A 2: | Yes. MTrading supports MT4. |
Q 3: | What is the minimum deposit for MTrading? |
A 3: | The minimum initial deposit at MTrading to open an account is $100. |
Q 4: | Does MTrading charge a fee? |
A 4: | Like every forex broker, MTrading charges a fee when you trade - either in the form of a commission fee or spread fee. It also charges some deposit and withdrawal fees, depending on your payment method. |
Q 5: | Is MTrading a good broker for beginners? |
A 5: | No. MTrading is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive grand-capital and mtrading are, we first considered common fees for standard accounts. On grand-capital, the average spread for the EUR/USD currency pair is -- pips, while on mtrading the spread is From 1.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
grand-capital is regulated by SFC. mtrading is regulated by NFA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
grand-capital provides trading platform including -- and trading variety including --. mtrading provides trading platform including M.Premium,M.Pro and trading variety including Currencies - 38;Spot Metal CFDs - 4;Spot Energy CFDs - 3;Cash Index CFDs - 10;Stock CFDs - 67.