Grand Capital is an offshore forex and CFD broker with no tier-one regulator, and its membership of The Financial Commission, its main independent dispute channel, was withdrawn in April 2026. Its promotions include a 40% deposit bonus, a $500 no-deposit bonus for new clients, and a per-lot Payback rebate of $0.50 to $1.50 for active traders. The no-deposit and deposit bonuses require substantial trading volume before profits are withdrawable, so the realistic value is well below the headline figures.
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Grand Capital
Grand Capital gives verified new clients a $500 trading credit with no deposit required, but profits are only withdrawable after meeting a steep lot turnover and matching your profit with a real deposit within 7 days.
Grand Capital
Grand Capital pays active Standard-account traders a per-lot cash rebate of $0.50 to $1.50, set by how many consecutive days they have been trading.
Grand Capital
Grand Capital adds 40% to every qualifying deposit of $100 or more as tradable bonus credit, up to a $20,000 lifetime cap across all your accounts.
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Grand Capital was founded in 2006 as an international forex and CFD brokerage. The operating entity is Grand Capital Ltd, registered in Seychelles, with a customer base concentrated in the CIS region, Asia, Africa and other emerging markets where tier-1 brokers have less presence. The broker states it serves clients in 144 countries and reports roughly 1.5 million registered clients.
Grand Capital's primary regulatory credential is a brokerage license from the Mwali International Services Authority (MISA) in the Comoros. This license carries less weight than it appears: the Central Bank of Comoros, the country's actual financial regulator, has publicly stated that MISA has no legal authority to license financial firms and that its approvals have no legal effect within the Union of the Comoros. Traders should not treat the MISA license as government-backed oversight.
Grand Capital was also a member of The Financial Commission, an independent dispute-resolution body that offered clients access to a compensation fund of up to 20,000 EUR per claim. That membership was voluntarily withdrawn effective April 2, 2026, according to the Financial Commission's own announcement. FinaCom confirmed Grand Capital had met its obligations as a member up to that date, but as a former member its clients are no longer eligible for compensation-fund reimbursement and the Commission can no longer process new complaints against the broker. This means Grand Capital currently operates without meaningful third-party dispute resolution or deposit protection.
Grand Capital offers forex, CFDs on indices and commodities, stocks and a range of other instruments, with more than 400 tradable assets depending on account type. Trading runs on MetaTrader 4 and MetaTrader 5, available as desktop and mobile apps and a browser-based WebTrader.
The account lineup includes Micro ($10 minimum, leverage up to 1:1000), Standard ($100 minimum, 500+ instruments), an MT5 account ($100 minimum, leverage up to 1:500), ECN Prime ($500 minimum, market execution, leverage up to 1:3000) and a Swap Free account. The leverage caps on paper are far above what regulated brokers in the US, UK or EU may offer retail clients, which is typical of offshore brokers but adds real risk for undercapitalized accounts.
Grand Capital runs several ongoing promotions rather than a single sign-up bonus. The 40% deposit bonus matches qualifying deposits of $100 or more with bonus credit, up to a lifetime cap of $20,000. That cap is not realistic for most retail traders: the bonus only converts into withdrawable personal funds at a rate of $3 per standard lot traded, meaning freeing the full cap would require thousands of lots. Profit generated while trading is withdrawable, but each withdrawal cancels 40% of the withdrawn amount from the remaining bonus balance, and the credit period runs up to three months (extendable to six with a further deposit).
A separate $500 no-deposit bonus credits new, verified clients with trading capital and no deposit required. The bonus itself can never be withdrawn. Traders get 7 calendar days to generate profit, and cashing out that profit requires two things: heavy trading volume (1 standard lot per $5 of profit, or 100 lots per $5 on a Micro account) restricted to specific forex instrument groups, and depositing personal funds equal to or greater than the profit amount within the same 7-day window. Partial withdrawal of profit is not allowed. In practice this makes the $500 figure closer to a short trading contest than free money.
Grand Capital also runs Payback, a per-lot cash rebate for active Standard-account traders that pays $0.50 to $1.50 per standard lot depending on a trading-streak tier (Bronze, Silver, Gold). Unlike the deposit bonuses, Payback cash is real money with no turnover requirement and can be withdrawn immediately. The catch is that the top $1.50 rate requires 31 or more consecutive trading days, and the tier decays if a trader skips days, so sustaining the headline rate takes ongoing daily activity.
All three promotions exclude US and Japanese citizens and residents. The Payback program has a longer exclusion list that also covers Russia, Malaysia and several EU countries including Spain, Italy, France, Germany, Portugal, Denmark, Estonia, Slovenia and Greece. The 40% deposit bonus's own terms page lists a similar set of geo-restrictions despite the promotion being marketed as available in all countries, so eligibility should always be confirmed on the specific promo page before depositing.
Opening an account requires standard identity verification: a passport or national ID scan and a confirmed mobile number, with corporate accounts and staff or their relatives excluded from promotions. Because Grand Capital is not overseen by a recognized financial authority and is no longer a Financial Commission member, traders take on real offshore counterparty risk: there is no independent body to escalate a dispute to and no compensation fund backing deposits if the broker becomes unresponsive or insolvent. Anyone considering Grand Capital for its bonus offers should treat the promotional credit as a trading incentive with real strings attached, not as a factor that offsets the lack of regulatory protection.
Grand Capital Ltd is registered in Seychelles and holds a brokerage license from the Mwali International Services Authority (MISA) in Comoros. The Central Bank of Comoros has publicly stated MISA is not a legitimate licensing authority. Grand Capital's membership of The Financial Commission, an independent dispute-resolution body, was withdrawn effective April 2, 2026, so there is currently no recognized regulator or compensation scheme backing client funds.
The bonus matches 40% of a qualifying deposit up to a $20,000 lifetime cap, but the credit converts into withdrawable money only at $3 per standard lot traded. Reaching a meaningful conversion requires substantial trading volume, and every withdrawal cancels 40% of the withdrawn amount from the remaining bonus. For most retail account sizes, the realistic value is far below the 40% headline.
No. The $500 credit itself can never be withdrawn. You have 7 calendar days to trade it into profit, and keeping that profit requires both a steep lot-turnover requirement (1 standard lot per $5 of profit, 100 lots per $5 on Micro accounts) and depositing your own money equal to or greater than the profit within the same 7 days. Partial withdrawal is not permitted.
MetaTrader 4 and MetaTrader 5, available as desktop applications, mobile apps and a browser-based WebTrader.
The Micro account requires $10. Standard, MT5 and Swap Free accounts require $100. The ECN Prime account requires $500.
No. Payback pays $0.50 to $1.50 per standard lot traded on a Real Standard account depending on a trading-streak tier, and the credited cash can be withdrawn immediately. The tradeoff is that the top rate requires 31 or more consecutive trading days, and your tier decays if you stop trading, so the headline rate is hard to sustain.