Grand Capital vs InstaForex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Grand Capital and InstaForex
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 4/5 | 4.2/5 |
| Foundation Year | 2006 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Grand Capital Review | InstaForex Review |
Grand Capital is suitable for both beginners and experienced traders. A wide selection of instruments, bonuses, and education make it attractive for different levels of traders
InstaForex is suitable for beginner traders looking for simple conditions and education but may be unsuitable for professionals with large deposits due to wide spreads and low liquidity.
Grand Capital Review
Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.
Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.
Pros and Cons of Grand Capital
Pros
- Diversity of trading account types.
- Tight spreads.
- A wide range of trading assets.
- Multilingual support 7 days a week, 24 hours a day.
Cons
- It is not regulated by leading financial regulators.
- High swaps.
- Lack of MetaTrader alternatives.
Grand Capital is in the top 10 of the following ratings:
InstaForex Review
InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.
InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.
Pros and Cons of InstaForex
Pros
- Large selection of trading instruments.
- PAMM accounts and the ForexCopy automatic trade copying service for passive income.
- 24/7 efficient customer support.
- Wide range of methods for depositing and withdrawing funds.
- Decent analytical section.
Cons
- Trading commissions are above average.
- No trading accounts with market execution of orders (ECN or STP).
- Broker commission on fund withdrawals.
InstaForex is in the top 10 of the following ratings:
Reliability
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Reliability | 3.2/5 | 4/5 |
| Foundation Year | 2006 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines | British Virgin Islands, Cyprus, Saint Vincent and the Grenadines |
| Regulators | SVGFSA SVGFSA - | BVIFSC BVIFSC CySEC CySEC SVGFSA SVGFSA SVGFSA SVGFSA |
Grand Capital
Grand Capital demonstrates openness and transparency, but offshore registration may raise concerns among clients.
InstaForex
InstaForex operates through multiple legal entities regulated by various financial authorities. However, it should be noted that these are not the strictest or most authoritative market regulators.
Account Opening
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Grand Capital
Opening an account with Grand Capital is simple and convenient, with clear instructions for verification and flexible deposit options.
InstaForex
Given the lack of minimum deposit requirements and the option to bypass verification for certain funding methods, it can be said that opening an account with InstaForex is maximally convenient and accessible.
Account Types
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Account Types | 5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Grand Capital
Broker Grand Capital offers a wide range of accounts, satisfying the needs of different categories of traders and investors.
InstaForex
InstaForex accounts offer sufficiently flexible conditions to meet the needs of most traders.
Pros
- Cent and Islamic accounts are available
- PAMM accounts and copy trading services are provided
Cons
- No market execution of orders
Commissions
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Commissions | 3.2/5 | 2.2/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission per Lot | $2.5 | $3 |
Grand Capital
Grand Capital's commissions are at an average level, offering a reasonable balance between costs and services.
Pros
- Spreads and commission per lot are below market average.
- Cashback is available.
Cons
- High inactivity fee.
- High swaps
InstaForex
InstaForex offers its clients trading commissions above average compared to other brokers.
Pros
- Transaction commission slightly below market average
- Commission rebates (rebate) are available
Cons
- Inactivity fee is charged
- Withdrawal fees may apply
- Wide spreads
Deposit and Withdrawal
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 4/5 | 4.7/5 |
| Account Funding Methods |
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Grand Capital
Grand Capital offers a variety of deposit and withdrawal methods with competitive fees, although the withdrawal request processing time could be improved.
Pros
- Wide selection of methods for account deposits and withdrawals.
- Broker compensates for account deposit fees.
- Generous bonus program is offered.
Cons
- Withdrawal fee can reach up to 6%.
- Withdrawals take up to three business days.
- No bank transfer available.
InstaForex
InstaForex provides various flexible options for depositing and withdrawing funds, although some fees may be higher than those of some competitors. This disadvantage is offset by the company's offer of advantageous deposit bonuses.
Markets and Products
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 108 |
| Precious Metals | 7 | 8 |
| Energy Carriers | 3 | 6 |
| Soft Commodities | 14 | 13 |
| Indices | 14 | 21 |
| Stocks | 149 | 1448 |
| ETF | 7 | 67 |
| Bonds | 3 | - |
| Cryptocurrency | 61 | 72 |
Grand Capital
Broker Grand Capital offers a wide range of trading instruments, enabling trading across different markets.
InstaForex
A wide range of trading instruments is available on InstaForex, including 110 currency pairs and various Contracts for Difference (CFDs).
Trading Platforms
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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Grand Capital
Grand Capital provides reliable and functional trading platforms, including MetaTrader 4/5 and WebTrader.
Pros
- Availability of time-tested MetaTrader 4 and 5.
- Ability to trade through the browser with WebTrader.
Cons
- No unique or innovative trading platforms provided.
- No mobile application.
InstaForex
InstaForex offers a wide selection of platforms, which can satisfy the needs of the overwhelming majority of traders.
Analytics
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 4/5 | 5/5 |
Grand Capital
Grand Capital broker analytics offers useful tools and expert reviews, but may not fully meet the requirements of some traders.
InstaForex
A strong point of InstaForex is its robust analytical section for beginners. The company's analysts publish daily market forecasts, breakdowns of trading situations, and important economic news.
Education
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 3/5 | 4.5/5 |
Grand Capital
The broker's training materials are useful but limited to one main resource.
Pros
- Detailed trading book.
Cons
- No webinars or videos.
- Lack of courses.
InstaForex
InstaForex provides high-quality and diverse educational materials (video tutorials, courses, webinars), benefiting beginners and advanced traders. However, access to the entire training course is open only to owners of trading accounts.
Customer Support
| Broker | Grand Capital | InstaForex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
YouTube
Telegram
Whatsapp
OK
VK
Viber
Skype
MessengerGrand Capital
Grand Capital technical support offers prompt assistance with an extensive working schedule and departmental division.
Pros
- Multilingual support 24/7.
- Separate communication channels for different issues.
- Prompt resolution of issues.
Cons
- Not all departments operate around the clock.
- No direct phone contact for communication.
InstaForex
The technical support of InstaForex demonstrates good customer service, offering various ways to connect and prompt responses to client inquiries.
