Grand Capital vs TeleTrade 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 TeleTrade
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 4/5 | 3.6/5 |
| Foundation Year | 2006 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines | Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Grand Capital Review | TeleTrade 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
This broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.
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:
TeleTrade Review
TeleTrade represents a comprehensive solution for traders looking for tight spreads, a variety of financial instruments, and quality customer support. It benefits experienced traders who can fully utilize the extensive analytical tools. However, beginners may find it challenging to get started without a wide range of educational materials.
If you are ready to undertake an intensive self-learning journey or possess ample experience, this broker can offer you all the necessary conditions for successful trading.
Pros and Cons of TeleTrade
Pros
- Tight spreads.
- A wide range of deposit and withdrawal methods.
- Diversity of financial assets.
- An extensive set of analytical tools.
- Quality customer support.
Cons
- High commission on ECN and NDD accounts.
- High swaps.
- Long withdrawal request processing time.
- Lack of educational materials other than articles.
Reliability
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Reliability | 3.2/5 | 3/5 |
| Foundation Year | 2006 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines | Saint Vincent and the Grenadines |
| Regulators | SVGFSA SVGFSA - | SVGFSA SVGFSA |
Grand Capital
Grand Capital demonstrates openness and transparency, but offshore registration may raise concerns among clients.
TeleTrade
TeleTrade is a relatively reliable broker, especially considering its long-standing market experience.
Pros
- Long-term market history.
- A large client base worldwide.
Cons
- No regulation by stricter authorities (FCA, ASIC, BaFin).
Account Opening
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| 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.
TeleTrade
The registration process with TeleTrade broker is extremely convenient and fast. Minimal field input and the ability to log in from the main page simplify the start in trading.
Account Types
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Account Types | 5/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| 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.
TeleTrade
The broker offers standard trading accounts with additional options such as "24% Bonus" and "Copy Trading". However, the absence of cent, fixed, and Islamic accounts narrows the choices for specialized traders.
Pros
- Additional income through "24% Bonus".
- The "Copy Trading" service for diversification.
- Loyalty program with bonus points.
Cons
- No accounts with fixed spreads.
- No cent accounts.
- No Islamic accounts.
Commissions
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Commissions | 3.2/5 | 2.5/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.8 |
| Commission per Lot | $2.5 | $0.86 |
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
TeleTrade
The level of commissions can be considered average, making the broker's services suitable for various types of traders, but not ideal for all.
Pros
- Competitive spreads on the standard account.
- No withdrawal fees in certain cases.
Cons
- High transaction commission on ECN and NDD accounts.
- Above-average swaps on the standard account.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
| 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.
TeleTrade
The broker offers a variety of transaction methods, most of which are commission-free and with fast processing times.
Pros
- Wide selection of deposit and withdrawal methods.
- Most operations are commission-free.
- Instant fund crediting for most methods.
Cons
- Withdrawal requests can be processed for up to 7 business days.
- In some cases, a commission is charged for deposits and withdrawals.
Markets and Products
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Markets and Products | 5/5 | 4.5/5 |
| Forex | 53 | 76 |
| Precious Metals | 7 | 17 |
| Energy Carriers | 3 | 4 |
| Soft Commodities | 14 | 7 |
| Indices | 14 | 26 |
| Stocks | 149 | 146 |
| ETF | 7 | - |
| Bonds | 3 | 3 |
| Cryptocurrency | 61 | 79 |
Grand Capital
Broker Grand Capital offers a wide range of trading instruments, enabling trading across different markets.
TeleTrade
TeleTrade offers a wide range of financial instruments, making it attractive for various categories of investors.
Pros
- A large number of currency pairs.
- Wide selection of CFDs on metals and cryptocurrencies.
Cons
- Some brokers offer more CFDs.
Trading Platforms
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
| 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.
TeleTrade
TeleTrade provides excellent trading opportunities, offering two versions of the popular MetaTrader platforms.
Pros
- Support for MetaTrader 4 and 5, popular and reliable platforms.
- Availability on various operating systems and devices.
- Ability to use automated trading robots.
Cons
- Lack of proprietary platform or alternative to MetaTrader.
Analytics
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
Grand Capital
Grand Capital broker analytics offers useful tools and expert reviews, but may not fully meet the requirements of some traders.
TeleTrade
TeleTrade provides a good range of analytical tools, such as an economic calendar and technical analysis.
Pros
- Includes an economic calendar and updates news.
- Professional market reviews.
- Video analytics available.
Cons
- Lack of trading signals.
- Absence of calculators and technical analysis services.
Education
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 3/5 | 2/5 |
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.
TeleTrade
The educational materials at TeleTrade are limited to articles only, which is not ideal for those seeking comprehensive education. The variety and depth of materials are severely limited.
Customer Support
| Broker | Grand Capital | TeleTrade |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media | — |
Twitter
YouTube
TelegramGrand 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.
TeleTrade
TeleTrade's technical support offers a wide range of communication channels and receives positive feedback from clients. Prompt response and quality consultation make this service one of the broker's strong points.
