Abstract：The trading environment does not seem that rosy for traders at Grand Capital, a Seychelles-based forex broker. Traders’ requests for withdrawals are alleged to be in the review process for months, making them frustrated and helpless. Despite meeting the guidelines, traders find it hard to withdraw funds, as suggested by their complaints online. What’s also troubling traders are long processing times concerning Grand Capital withdrawals. In this Grand Capital review segment, we have shared some complaints for you to look at. Read on!
The trading environment does not seem that rosy for traders at Grand Capital, a Seychelles-based forex broker. Traders‘ requests for withdrawals are alleged to be in the review process for months, making them frustrated and helpless. Despite meeting the guidelines, traders find it hard to withdraw funds, as suggested by their complaints online. What’s also troubling traders are long processing times concerning Grand Capital withdrawals. In this Grand Capital review segment, we have shared some complaints for you to look at. Read on!
Top Trading Complaints Against Grand Capital
A Long List of Grand Capital Withdrawal Complaints
The Grand Capital review page is full of complaints concerning fund withdrawals. While some are criticizing the bad customer support service in responding inefficiently to withdrawal queries, others blame the long transaction processing time for a fund access delay. Here are multiple withdrawal-related complaints that grabbed our attention.
Deposits Fail to Hit the Trading Account
This investment scam was brought to light by a trader while sharing the Grand Capital review on WikiFX, the worlds leading broker regulation inquiry app. Here is what the trader said when registering the complaint.
Deduction on an Incomplete Deposit
That stunned all of us at WikiFX with a mere glance at this complaint. As per the trader‘s admission, he deposited $10 into the trading account. However, the deposit wasn’t complete, yet Grand Capital charged it. Understandably, the trader commented furiously, and here are his words.
No Fund Access Despite Grand Capital Withdrawal Condition Fulfillment
Traders have reported inefficiencies in how Grand Capital manages fund withdrawals for its clients. While withdrawing, traders have been notified by the broker of breaking the trading rules. A trader reported that he was told to deposit $1,000. Doing so will help him avoid the lot-making obligation. There were no other rules stipulated to the trader while pitching the trading platform. On the other hand, another trader had to keep making lots, only to realize later that all was a TRAP. Here are some screenshots explaining this critical trading issue.
Sharing the Grand Capital WikiFX Review: Score & Regulatory Status
While sharing the Grand Capital review, the WikiFX team investigated the broker thoroughly on several aspects, including its regulatory status, amid a large number of trading complaints. The investigation revealed that the broker was unregulated, hence answering the question - Is Grand Capital real or fake? Trading with an unregulated broker always raises the scope for investment scams. Considering the growing investment risks, the WikiFX team gave Grand Capital a score of 2.34 out of 10.
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