Recalculated 2026-11-02 · Established 2006 · Grand Capital Ltd
Grand Capital — South Africa
Grand Capital is rated 3.56 out of 5 by our formula (Rank #18 of 70) for traders in South Africa: round turn 5 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 5 USD against a 7 USD median here · you can open with 10 USD · a swap-free account is available
Look elsewhere if it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Grand Capital Ltd
- Licence number
- not stated
- Established
- 2006group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MT4 · MT5 · WebTrader
- Local funding
- Cards, bank wire, crypto; South Africa-specific
- Max leverage
- 500geo
- EURUSD
- 0 pipsgroup
Accounts (3)
1 of 3 accounts with a published cost per lot
1 of 1 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Grand CapitalMicro | 10 | 0.1advertised | — | 1round turn, USD | — |
No published cost per lot:
| |||||
This broker against the South Africa middle (81 of 104)
| Grand Capital | South Africa median | |
|---|---|---|
| Round turn, USD | 5.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | from 15 minutesgroup | 24.0 h |
| EURUSD, standard | 0 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2006group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Unregulated in South Africa; not an FSCA-authorized FSP. No specific FSCA warning verified at review.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Grand Capital.
- Who actually onboards you
- Grand Capital Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 4.25+ 20.0% × 5.00+ 20.0% × 0.00+ 15.0% × 4.99+ 10.0% × 5.00+ 10.0% × 2.50= 3.56
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Grand Capital Ltd
Offshore entity
Grand Capital Ltd (offshore); accepts South African clients via website; no ZA entity.
What each account gives you
Micro, Standard, MT5, ECN Prime, Swap-Free.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min USD 10 (Micro); USD 100 Standard; USD 500 ECN Prime.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · WebTrader
500+ assets: FX, crypto, stocks, indices, metals, commodities.
Reviews
TrustScore 4.7 out of 5
Where it wins, where it loses
Pros (3)
- Round turn 5.0 USD against a South Africa median of 7.0
- Swap-free account available
- Withdrawal published at from 15 minutes
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
United States, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Germany, Portugal, Denmark, Estonia, Slovenia, Greece, Malaysia, Russian Federation
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2grandcapital.netgrandcapital.net · domainBroker
- Aggregators and directories
- 3fsaseychelles.scfsaseychelles.sc · domainAggregator
FAQ (5)
Does Grand Capital accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Grand Capital?
Grand Capital Ltd
What licence does Grand Capital hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Grand Capital?
5.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Grand Capital take?
Grand Capital publishes from 15 minutes. Their own wording: “from 15 minutes”.