Grand Capital plans to get CySEC license in 2017

2 January, 2017

In an interview for online media Finance Magnates, Grand Capital’s CEO Stanislav Vaneev disclosed that the future plans of the company for the year 2017 include acquisition of license from the Cyprus Securities and Exchange Commission, among other major changes.

A professional brokerage firm that is originally from Russia, Grand Capital currently operates on the basis of a B-Category license from the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization. There is no doubt that a future CySEC regulation will open new markets to this broker. Lately, Cyprus is becoming an international focal point for the entire retail FX industry, as it provides good quality business environment and furthermore, its MiFID compliant regulatory framework allows trans-European business activity.

According to Stanislav Vaneev, future plans of Grand Capital also include further enhancement of their new completely transparent investment service called LAMM, as they turned away from their previous PAMM offering. The LAMM service allows novice traders to connect their account to an experienced trader’s account and learn how to trade successfully. It displays a rating of account managers, which tracks the history of the account’s profitability. What is more, LAMM clients have control over every deal the manager makes, so they can disconnect or cancel the trade at any time.

Grand Capital is an award-winning broker operating since 2006. It offers trading in over 250 financial instruments, including classic forex, futures and stock CFDs, as well as binary options on MetaTrader 4 and WebTerminal.

The company has offices in Russia, Ukraine, Kazakhstan, Georgia, South Africa, Indonesia, Phillipines, India, Netherlands, Portugal and Germany.


Source link  
Grand Capital weekly recap

The most active client Placed 2079 trades, including 1213 profitable ones and 866 that resulted in a loss. The majority of trades involved EUR/USD...

Blockchain based secure marketplace

Grand Capital has been providing online trading services for over 10 years. During this time we became a prominent member of the global broker community...

Grand Capital weekly recap

The most active client Placed 1036 trades, including 546 profitable ones and 490 that resulted in a loss. All trades involved EUR/USD. Maximum deposit growth...


Grand Capital weekly recap

The most active client Placed 1224 trades, including 1021 profitable ones and 203 that resulted in a loss. The majority of trades involved Silver...

Bitcoin deposit / withdrawal is available

This July we made cryptocurrency trading available. Now Grand Capital clients can deposit and withdraw funds in one of the most popular...

Grand Capital Social Trading

MetaQuotes social trading is a build-in service developed by creators of MetaTrader 4. It allows you to mirror signals from successful traders...


LAMM reward system becomes easier

Grand Capital changes the reward system for LAMM accounts. Previously LAMM managers were required to select a type of reward...

New Grand Capital partner in Germany

Now our German clients can receive a personal consultation on trading and the company's services, such as how to choose and open an account...

Grand Capital weekly recap

In today's recap we congratulate our most active client, the client with the maximum deposit growth and the most profitable trade. Here are the results...

  


Share: