Trading for beginners.
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Obviously, a myth. Thousands of traders working with Grand Capital make money every day. Essentially, they are doing the same thing that banks, exchangers and large corporations do: they buy and sell assets. The main goal is to buy cheap and sell high. Put simply, this is the gist of financial market trading. Prices change every day, more for some assets, less for the others. The market is moving fast, millions of trades are placed every minute. And every minute someone makes profit.

Of course, this is quite far from the truth. If you’re new to the market, it’s true that you’ll need some time to understand how to use the trading terminal, learn the terminology and how to place trades. Everything that follows will turn into an exciting process: you place orders to buy or sell currency, someone buys it from you at your price, then you look for favorable offers and buy with an intention to sell higher. Grand Capital provides access to the market of high liquidity, which means all your buy and sell orders will always be met with a matching offer.

Also a myth. Brokers are interested in successful clients. Of course, there are dishonest companies. Such brokers appear out of nowhere with aggressive marketing strategies, then disappear just as quickly with the clients’ money. Real brokers are focused on the long-term operation. They make their profit from trading volume and commissions from each trade, both profitable and losing ones. That’s why they have no interest in the client’s loss. In fact, the opposite is true: they are interested in clients who place as many trades as possible as often as possible and continue to work with the company, leading to growing volumes. It means that brokers are interested in the client’s profit. That’s why brokers offer various additional services: trading signals, copying trades of successful traders, market analysis, better trading conditions. They do everything to help clients on their way to success.

Another myth. Forex (stands for foreign exchange) is a free international currency exchange market that has been around in its modern form since 1978, under an international agreement. At first, only big market players could place trades (market makers): banks, foundations, transnational corporations, countries. Starting from the 1990s, the market became available to private investors thanks to the introduction of microlots and split lots (significantly reducing the minimum sum of a transaction). Today, Forex is just a currency market everyone can trade in, but they need an intermediary to provide the software and the whole infrastructure for the creation of accounts, placing orders, depositing, and withdrawing funds. Forex brokers are such intermediaries.