Do you want to know which is the better broker between Grand Capital and Spreadex ?
In the table below, you can compare the features of Grand Capital , Spreadex side by side to determine the best fit for your needs.
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, spreadex 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 offered by Grand Capital Holdings Limited include Securities, Futures, Stock Options, and Fixed Income.
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.
TheGrand Capital Holdings Limited customer support can be reached through telephone: Tel +852 3891 9888, Fax: +852 2529 2899 , as well as email: email@example.com.
General Information& Regulation
Spreadex was established back in 1999 and focused on a financial trading service providing, as well spread betting and sports betting, through its maintained office in London. Spreadex first moved into the online market in 2006 when it launched its website. Spreadex is regulated by the Financial Conduct Authority (FCA, registration number 190941) in relation to the spread betting services it offers. For the fixed-odds sports betting services, it is regulated by the UK Gambling Commission (UKGC).
SpreadEx claimes itself a multi-asset platform with 15000+ tradable Assets, and tradable assets available on SpreadEx include Forex, CFDs, and spread betting.
Minimum Deposit of Spreadex
There seems only one single account available for all traders, which is the standard account. To open a real account just with the minimum deposit of $1, which sounds a good opportunity for most traders to get started.
Leverage of Spreadex
In term of the Leverage levels, being a UK brokerage firm the broker thus obliged towards its restrictions and on how the company should operate. Therefore, the maximum offering available for retail traders goes to 1:30 for major currency pairs and lower for other instruments. As for the professionals, they may access higher leverage ratios once the status is confirmed, along with specified conditions towards spread betting and trading service Spreadex may provide.
Spreads & Commissions of Spreadex
When it comes to spreads, they are variable, meaning that they can fluctuate throughout the day depending on volatility. Major currency pairs have very low spreads, EURUSD 0.6 pips, GBPUSD 0.9 pips, while spreads for minor and exotic currency pairs are comparable to most other brokers in the space. With all markets apart from shares, the fee is simply the spread between the buy and sell price. For shares, there is an interest rate charge applied to the total value of your stock. This is typically 1.25%, though it can increase to 1.5% when dealing with smaller stocks and those with less liquidity.
Trading Platforms of Spreadex
SpreadEx does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms. SpreadEx offer an in-house custom trading platform developed and tested in house instead. The SpreadEx trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. Actually, it can be a pity for Spradex, such a big brokr, doesn't provide widely used MT4 & MT5 trading platfroms.
Deposit & Withdrawal
Spreadex only offers credit/debit cards, wire transfers and cheques. No other methods can be used to make deposits or withdrawals. So, the payment methods for Spreadex are a little more limited than other brokers.
Traders have access to a number of different service options depending on what their issue is. Spreadex splits its customer support sections according to the different services it offers. The first port of call is Spreadexs FAQ section. This makes it easy for users to get an answer to their issue almost instantly. There are also email addresses on offer if an issue requires a long-form description.
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 spreadex 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 spreadex the spread is --.
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. spreadex is regulated by FCA.
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 --. spreadex provides trading platform including -- and trading variety including --.