Company News

Dear Clients!

Due to the upcoming referendum in Great Britain (Brexit vote) that is being held on 23rd of June to decide whether Great Britain should leave or remain in the European Union and the expected high volatility levels, margin requirements will be changed for the following trading instruments:

1. For all Forex instruments that contain GBP, EUR, CHF margin calculation will change and margin requirements will be as follows: GBP - 7%, EUR and CHF - 4%.

2. For spot metals margin requirement will increase from 2% to 3%.

3. Trading will be closed for european and british indices futures and metal futures (AEX, FCE, FDAX, FESX, FSMI, FSTX, FTSE, GC, HG, PA, PL, SI).

4. For currency futures margin requirements will increase by 10 times.

5. Return rates on Binary Options will be decreased by 3 times.

6. Internal transfers will be restricted.

7. In case of high volatility and low liquidity levels, certain instruments can be shifted to Close Only mode.

8. For GBP, EUR and CHF instruments (for all account types, including ECN) leverage will not be available, a fixed margin will be applied in the amount of the percentage stated in pp1, desregarding the account leverage. For all other instrument types normal leverage will be effective.  

Please mind that margin requirements will change for trades that are opened but not closed before the 20th of June 2016.

We will notify you should the changes be void. 

Please consider these changes when planning your trading activity.

Yours truly,
Grand Capital

Those in search of extra income online often come to Forex market, but not everybody manages to become professional traders. Read the interview with the winner of Drag trade contest round 312 Alexander, to learn how he succeeded trading on financial markets.

Congratulations once again!

Apart from Drag Trade you also participated in other demo contest – Rally Trade. Which one of them did you like the most and why?

I like both of them, but Drag Trade is closer to my trading style as I am an intraday trader. I often place short term trades ranging from 10 to 50 pips – depending on the pair’s volatility.

In this round you traded USDCAD. Why did you choose the pair and what other instruments do you use?

I often trade USDCAD as it moves well on news and is heavily reliant on oil. For me, the main criterion of any trading instrument is its level of volatility. The wider the amplitude of fluctuations and the speed, the more interesting the trade is. My favorite instruments are GBP_JPY, GBP_NZD, GBP_USD, EUR_JPY, oil and gold. But it really depends on the day and fundamental factors - news for example.

How many years have you been trading on financial markets? How did you become a trader?

I’ve been trading for over 5 years now. I became a trader just like many others – was looking for ways to make money online. I learnt everything on my own – was reading lots of literature, attending webinars, briefs and, of course, practicing. When it comes to financial markets, only practice makes perfect.

Is Forex trading you main source of income?

I would say so. Nowadays, trading is basically my main source of income.

Tell us about your trading strategy.

At the moment I trade using Price Action system and support and resistance levels. When the price gets into a narrow corridor then I use locked positions instead of stop loss. For decision-making I mainly use technical analysis and economic calendar.

I’ve tested many different trading styles over the years. Finally I kept the ones that suit me. Apart from  Price Action I also use levels and VSA (Volume Spread Analysis).

What do you think was your success factor in this round?

The round was tough, partially because there is always a lot of adrenaline and emotions involved in short term trading, as you need to calculate the time when the position should close as precisely as you can. In this round my calculation were correct.

What would you recommend to those who are only considering participating in the contest??

Contests of Grand Capital are a great tool for testing strategies and different trading styles. They also allow you to feel the spirit of competition and, what is important, win a monetary prize. To all the traders out there I wish to never miss great opportunities!

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!

Dear Traders!

Due to Memorial Day in the United States the following intrumets will be unavailable for trading on Monday, May 30th:

• All futures contracts
• American CFD Shares

All services of Grand Capital will be available as usual. On Tuesday, 5/31, regular trading will resume.

Please consider these changes when planning your trading activity.

Thank you,
Grand Capital team 

You've already heard us say all about the risky trades that help our winners to literally steal the victory from the race leaders. But risking doesn't always mean winning. Learn how accuracy and concentration help getting to the first place and how important family support is for would-be traders from the interview with the winner of the 63th round of Micro Trade - the contest where the trading is held on real accounts and the main prize is 300% of the account equity.   

Tatiana, you've previously participated in other contests of Grand Capital - Rally and Drag Trade. In your opinion, what is the difference between demo contests and Micro Trade contest which is held on Micro live account?

- I think that the main difference is the concept itself, which is more about steady and thoughtful trading. Rally and Drag Trade imply risk and fast decision-making, which doesn't correspond with my trading style at all.

We know that you have been trading with us since 2011. Tell us a bit about your way to becoming a trader. Where was the starting point?

- I took a two-month course in the Moscow Stock University back in 2010. I then practiced a lot on demo accounts of different brokers and then I discovered Grand Capital.

Why did you choose Grand Capital?

- Your webinars and the contests attracted me the most as a starting trader. I think such tools play an important role when you are just starting to trade on financial markets.

What does trading mean to you? - is it just a hobby or the main source of income? 

- At the moment trading is just a hobby although I want it to become my profession. I hope to achieve it one day.

Not everywhere the concept of women traders is considered perfectly normal, including Russia. What do your family members think about that?

- Actually it was my husband who encouraged me at the first place. He has always believed in me and I hope to live up to his expectations.

In this round you were locking in profits with a great deal of confidence. What was it that brought you victory - successfully chosen strategy or was it pure luck?

- I guess I got lucky with the strategy I chose. I believe that I won thanks to my concentration and accuracy.

Many traders think that trading without stop-loss is very risky if not reckless. However, in this round you've succeeded without it. Tell us about your risk-management.

- I absolutely agree with the mentioned traders. Stop-loss is essential when trading seriously. Unfortunately I have certain problems with stop-loss orders and I often lose my deposits because of that.

I think it will be interesting to our readers to learn about your trading strategy. What strategies do you consider the most successful?

- I was afraid to use large Lots before and tried to act on large timeframes. But after I've read "The Psychology of the Stock Market" by David Cohen, I realized that small timeframes actually help me to feel the markets moves better. I also try to use large Lot with small deposit although it is quite risky.

What would you recommend those who are going to take part in the contest?

- The main thing is to believe in yourself and never stop trying. I would like to thank Grand Capital for their wonderful contests that allow starting traders to achieve may be not great, but real success.