Overview of Grand Capital

Grand Capital Holdings Limited, headquartered in Hong Kong, operates as a financial services provider encompassing two wholly-owned subsidiaries: Grand Capital Securities Limited and Grand Capital Futures Limited. These entities offer a broad spectrum of financial services to a diverse clientele, including individuals, corporations, and institutions. Services provided by Grand Capital encompass brokerage services, wealth management, asset management, and institutional services. These services facilitate access to a variety of financial markets and instruments, allowing clients to engage in trading activities across a range of asset classes. Additionally, the company provides a selection of trading platforms to cater to different trading preferences, ensuring accessibility and convenience for its clientele.

Is Grand Capital legit or a scam？

Grand Capital, operating under the entity Grand Capital Futures Limited in Hong Kong, is a legitimate broker in the context of its regulatory status. It is regulated by the Securities and Futures Commission (SFC) of Hong Kong, a reputable regulatory authority known for its stringent oversight of financial institutions. Grand Capital holds a valid license for “Dealing in futures contracts” with License No. BOM175, issued by the SFC, and this license was effective from October 10, 2019.

The fact that Grand Capital is regulated by the SFC and holds a valid license indicates that it has met the regulatory requirements and standards set by the regulatory authority. This regulatory oversight provides a level of assurance to clients that the broker operates within the legal framework and adheres to industry regulations and standards.

Pros and Cons

Grand Capital presents a range of advantages for traders seeking financial services. Firstly, it boasts regulatory oversight by the Securities and Futures Commission (SFC) of Hong Kong, instilling confidence in clients regarding the broker's commitment to industry standards. The broker offers a diverse selection of financial products, including securities, futures, stock options, and fixed income, allowing clients to diversify their portfolios. Grand Capital prioritizes accessibility by providing trading platforms for desktop, web, and mobile devices, accommodating traders with varying preferences. Additionally, the inclusion of wealth management services and a physical office presence in Hong Kong enhances the overall client experience.

However, several considerations must be kept in mind. The lack of fee transparency could result in unexpected costs for traders, impacting their overall trading experience. Grand Capital's limited educational resources might hinder traders from developing essential skills and knowledge. Furthermore, unclear deposit and withdrawal information may create inconvenience and uncertainty, and the absence of disclosed spread details leaves traders unaware of potential trading costs. Lastly, the dependency on the Grand Authenticator app for Two-Factor Authentication may not align with all clients' preferences or accessibility needs.

Products

Grand Capital offers a diverse array of financial products, catering to a wide spectrum of investment strategies and preferences. One of its core offerings is securities trading, providing clients with access to global stock markets in over 20 countries, including major exchanges like NYSE, NASDAQ, and more. Investors can engage in the trading of listed stocks, equities, ETFs, REITs, derivative warrants, inline warrants, CBBCs, and fixed-income products. This expansive range allows clients to diversify their portfolios across international markets and asset classes, aligning with their investment goals and risk tolerance.

Furthermore, Grand Capital provides futures trading opportunities, empowering self-directed investors to participate in futures and options on futures contracts. These include equity, foreign exchange, commodities, interest rates, and single stock futures products. The inclusion of stock options and fixed-income products further enhances the depth of Grand Capital's product offerings, giving clients the tools and opportunities to explore various trading strategies and achieve their financial objectives.

Services

Grand Capital offers a wide range of financial services to meet the diverse needs of its clients, making it a versatile player in the financial industry. The company provides brokerage services, enabling clients to access global markets and trade a variety of financial instruments. Whether for individual or institutional investors, Grand Capital's brokerage services offer a gateway to international markets, facilitating portfolio diversification and investment opportunities.

In addition to traditional brokerage, Grand Capital offers comprehensive wealth management and asset management services. Clients can leverage the expertise of the firm's professionals to create tailored investment strategies that align with their financial goals. The inclusion of institutional services and fund set-up services further underscores Grand Capital's commitment to serving a wide range of clients, including institutional investors and fund managers. The firm's global markets multi-asset approach allows clients to explore opportunities across various asset classes and regions, providing a holistic and diversified approach to investment and wealth management.

Account Types

Grand Capital offers a versatile range of account types to accommodate the diverse needs of its clients. For individual investors, the firm provides both securities accounts, which can be further categorized into cash or margin accounts, and futures and options accounts. These options empower investors to choose the account type that aligns with their risk tolerance and trading preferences. Additionally, Grand Capital caters to clients interested in stock options trading, providing a dedicated account type for this purpose.

For more sophisticated investors seeking professional portfolio management, Grand Capital offers asset management accounts. These accounts allow clients to leverage the expertise of professional fund managers to achieve their investment goals. Furthermore, the firm extends its services to high-net-worth individuals through private banking accounts, ensuring personalized financial solutions and a tailored approach to wealth management. Grand Capital's diverse account offerings reflect its commitment to providing a comprehensive suite of options to cater to the unique financial objectives and preferences of its clientele.

How to open an account in Grand Capital？

To open an account with Grand Capital online, the process is straightforward and can be completed in a few simple steps:

1. Go to www.grandch.com and navigate to the account opening section.

2. Select the type of account you wish to open, such as an individual or corporate account.

3. Fill out the online application form with your personal information, financial details, and other required information.

4. Upload the necessary identification and verification documents as specified by Grand Capital.

5. Double-check the provided information, agree to the terms and conditions, and submit your application.

6. Grand Capital's team will review your application and notify you once your account is approved and ready for trading.

Alternatively, clients can opt for an in-person account opening by scheduling a visit to Grand Capital's offices, where experienced staff will assist with the process. Additionally, for those who prefer to open an account by mail, Grand Capital can send the relevant account opening documents upon request, which can then be completed and sent back to the office for processing. These alternative methods provide flexibility to clients in choosing the most convenient way to open their accounts with Grand Capital.

Spread and Commission Fees

Grand Capital's lack of disclosure regarding fees or spreads associated with trading activities may present challenges for traders in assessing the true cost of their trades. Without clear information on fees, commissions, or spreads, clients may find it difficult to accurately calculate their trading expenses, potentially leading to unexpected costs that can impact overall profitability. Transparency in fee structures is crucial for traders to make informed decisions and manage their trading costs effectively. Therefore, prospective clients should exercise caution and seek clarity on fee-related information before engaging in trading activities with Grand Capital.

Trading Platform

Grand Capital offers a robust and versatile trading platform that caters to the needs of both securities and futures traders. Clients can access a range of platforms, including iTrade and WebTrade for online trading, as well as desktop applications for a more comprehensive trading experience. Notably, Grand Capital provides mobile trading options through the Play Store and App Store, offering basic and advanced versions of their trading platform, ensuring accessibility for traders on the go. This multiplatform availability allows traders to conveniently access their account balances, positions, market data, and other essential information from various devices, enhancing flexibility and convenience in their trading activities.

In addition to its trading platforms, Grand Capital offers the Grand Authenticator app, which serves as a Two-Factor Authentication (2FA) solution. This app adds an extra layer of security to clients' accounts, helping protect against unauthorized access. Users can easily download the app for both iOS and Android devices, ensuring their account security while trading. By implementing 2FA through the Grand Authenticator app, clients can benefit from enhanced peace of mind and safeguard their trading accounts from potential security breaches.

Deposit & Withdrawal

Grand Capital offers several methods for deposits and withdrawals, including bank transfers, cheques, and overseas remittances. Clients can choose the option that aligns with their preferences and location. Bank transfers provide a secure and direct way to move funds to and from their trading accounts. However, it's important to note that fees may apply for these transactions, and the exact charges may vary depending on the bank and location. Additionally, the processing time for bank transfers can vary, ranging from a few business days to potentially longer for international transfers.

Clients opting for cheque deposits or overseas remittances should also be aware of potential fees and processing times associated with these methods. It's essential for traders to review the broker's fee schedule and terms for each transaction method to make informed decisions regarding their deposits and withdrawals, as fees and processing times can impact the overall cost and speed of accessing their funds.

Customer Support

Grand Capital's commitment to customer support is evident through its accessible contact information and dedicated service channels. Clients can reach out to the company through various means, including telephone support via the provided contact number, ensuring direct and immediate assistance. Additionally, clients can utilize the provided email address to contact the customer support team, offering a convenient way to seek assistance, address inquiries, or resolve any issues.

The company's physical presence at its Hong Kong office further underscores its dedication to customer service. Grand Capital's central office location in Hong Kong enhances accessibility for clients who prefer in-person consultations or support. Overall, Grand Capital's multi-channel customer support approach demonstrates its commitment to providing responsive and accessible assistance to its clientele, contributing to a positive trading experience.

Educational Resources

The absence of educational resources in Grand Capital could hinder traders, especially newcomers, from acquiring the knowledge and skills necessary for effective trading. Without access to tutorials, webinars, and trading guides, they may face increased risks, potential losses, and limited opportunities for skill development, making it less attractive for those seeking comprehensive support and guidance in trading.

Conclusion

In summary, Grand Capital is a Hong Kong-based financial services firm with a diverse range of offerings for traders and investors. It provides access to global financial markets, including securities, futures, stock options, and fixed-income products, catering to a wide range of investment preferences. The broker offers multi-platform accessibility, regulatory oversight by the SFC, wealth management services, and a physical office presence in Hong Kong for client convenience.

However, concerns arise due to the lack of fee transparency, limited educational resources, and unclear information regarding deposit and withdrawal methods. Traders should exercise caution and seek comprehensive information before engaging with this broker to ensure they align with their specific trading needs and preferences.

FAQs

Q: Is Grand Capital regulated？

A: Yes, Grand Capital is regulated by the Securities and Futures Commission (SFC) of Hong Kong, providing regulatory oversight.

Q: What financial products does Grand Capital offer？

A: Grand Capital offers a diverse range of products, including securities, futures, stock options, and fixed-income instruments.

Q: How can I contact Grand Capital's customer support？

A: You can reach Grand Capital's customer support through phone at +852 3891 9888 or via email at cs@grandch.com.

Q: What trading platforms are available at Grand Capital？

A: Grand Capital offers multiple trading platforms, including desktop, web, and mobile options to suit different preferences.

Q: What payment methods are accepted for deposits and withdrawals？

A: Grand Capital facilitates deposits and withdrawals through bank transfers, cheques, and overseas remittances, although specific fees and processing times may apply.

General Information

Established in 2004, Hirose Tusyo Inc. is a Japan-based company mainly engaged in foreign exchange margin trading business, and was listed on the JASDAQ market of the Tokyo Stock Exchange on March 18, 2016.The Company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, as well as covering transaction business as a counterparty of financial instruments traders, among others. Hirose Tusyo Inc. is authorized and regulated by Financial Services Agency, with regulatory license number 9120001106932.

The broker provides fixed spreads on several currency pairs, although these spreads may vary based on market conditions. Hirose-fx does not charge any commissions on trades, reducing the overall cost of trading. They offer deposit and withdrawal options and provide customer support through various channels, including phone, fax, and an online inquiry form.

Overall, Hirose-fx is a regulated broker with a range of trading instruments, account types, and trading platforms. Traders can benefit from their fixed spreads, commission-free trading, and accessible customer support.

Pros and Cons

Hirose-fx is a regulated Forex broker that offers a range of trading instruments, including 51 currency pairs. The company holds a Retail Forex License and is regulated by the Financial Services Agency (FSA) of Japan. Hirose-fx provides two types of accounts, FX accounts, and LION CFD accounts. They offer various order types to meet different trading needs and have both fixed and variable spreads, depending on market conditions. Hirose-fx does not charge any commissions on trades, which can be advantageous for traders. They offer multiple deposit and withdrawal options, as well as a variety of trading platforms to cater to different preferences and devices. The broker also provides trading tools, educational resources, and customer support through various channels. Overall, Hirose-fx has its strengths and weaknesses, and traders should carefully consider their options before choosing this broker.

Is Hirose-fx Legit？

Based on the information provided, Hirose-fx, also known as Hirose Financial UK Ltd, is regulated by the Financial Services Agency (FSA) of Japan. It holds a Retail Forex License and is regulated under the supervision of the Kinki Local Finance Bureau (近畿財務局長（金商）第41号). The licensing institution is Hirose Tsusho Kaisya Limited (ヒロセ通商株式会社).

The effective date of the license is September 30, 2007. The company's address is located at MG Building, 1-3-19 Shimmachi, Nishi-ku, Osaka, Japan. The phone number provided for the licensed institution is 06-6534-0708.

Market Instruments

Hirose-fx offers a variety of trading instruments, including 51 currency pairs. These currency pairs encompass major currencies from around the world and provide opportunities for traders to engage in foreign exchange (Forex) trading. Some of the currency pairs offered include AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, CNH/JPY, EUR/AUD, EUR/CAD, and others.

Additionally, Hirose-fx offers a selection of large currency pairs, which are often traded frequently and have high liquidity. These large currency pairs include Large USD/JPY, Large EUR/USD, Large EUR/JPY, Large GBP/USD, Large GBP/JPY, and Large AUD/JPY.

Account Types

Hirose-fx offers two types of accounts: FX accounts and LION CFD accounts. Customers residing overseas are unable to open a LION CFD account. If a customer already has a LION FX account and wishes to open a LION CFD account, they can do so from the trading screen after the next business day following the completion of the FX account opening procedure. For more information on how to apply for a LION CFD account, customers can refer to the provided guidelines.

How to Open an Account？

To open an account with Hirose-fx, follow these steps:

1. Access the main website of Hirose-fx and click on “新規口座開設” (Open a new account) or a similar option.

1. The account opening process may vary depending on the required identity verification documents and delivery method. Choose the appropriate option and proceed.

1. Fill in the necessary information and review the required documents. Note that using Internet Explorer (IE) is. not recommended; it's advisable to use another browser.

1. Submit your identity verification documents and My Number verification documents. You can choose from various sending methods, including simple identity verification with a smartphone, easy identity verification with Internet banking, upload, email, fax, or mail.

5. Once all the necessary documents are received, Hirose-fx will begin the screening and account opening process. Normally, it takes 1-2 business days after the arrival of the verification documents.

6. You will receive your user ID and password via email. The method of sending the user ID and password depends on the method used to send the identification documents.

7. Deposit funds into your trading account. Once the funds are deposited, you can log in and start trading.

FX Spreads & Commissions

FIXED SPREADS: Hirose-fx provides fixed spreads on several currency pairs. For example, USD/JPY has a fixed spread of 0.2 pips, AUD/JPY has a fixed spread of 0.6 pips, GBP/JPY has a fixed spread of 1.0 pip, AUD/USD has a fixed spread of 0.4 pips, EUR/USD has a fixed spread of 0.3 pips, NZD/JPY has a fixed spread of 0.8 pips, and MXN/JPY has a fixed spread of 0.2 pips. These fixed spreads indicate that the difference between the buying and selling prices of these currency pairs remains constant under normal market conditions.

VARIABLE SPREADS: It should be noted that while Hirose-fx provides fixed spreads, these spreads are not completely fixed. The spreads may widen or contract based on market conditions and exceptional events such as low liquidity times. This means that during times of increased volatility or reduced market liquidity, the spreads may change from their fixed values. As a result, the actual spreads experienced by traders may differ from the ones mentioned above.

COMMISSIONS: Hirose-fx does not charge any commissions on its trades. This means that traders can execute their trades without incurring any additional fees in the form of commissions. The absence of commissions can be advantageous for traders.

Order Types

There are 27 order types, including Market Order, Limit Order, Stop Order, OCO order, IF-DONE order, IF-OCO order, Trail Order, Streaming order, Timed Market order, Timed Limit ( stop) order, one-click order, Quick Order, One-click payment order, Bulk Settlement Order, Bulk Purchase Settlement order, Bulk Sale Settlement order, All Settlement Order by currency, All settlements Orders, Pip difference Settlement order, Doten Order, Bulk Order, Amount specified all settlement, trigger order, Timed All Settlement order, BID Judgment Buy (ASK Judgment Sell) Stop Order, Trigger orders in other currencies, Repeat time specified market order.

Trading Time

When US standard time is applied, Japan time Monday 7:00 am to Saturday 6:30 am Japan time. When summertime is applied, Japan time Monday 6:30 am to Saturday 5:30 am. Rollover time (6:59 am Japan time) Minutes, 5:59 am when US summer time is applied), communication will be disconnected, and day closing work and maintenance will be performed. (It takes about 15 minutes for the day closing work and maintenance, but it may take up to 30 minutes.)

Trading Platforms

Hirose-fx offers a range of trading platforms designed to cater to the diverse needs of traders. These platforms provide access to the financial markets and offer various tools and features to facilitate trading activities.

NET4 (installed version): This trading platform is available for Windows and Mac operating systems. It offers customizability, easy-to-see screens, and the ability to view charts and execute orders. It supports various order types and provides access to account information and news.

LION FX C2 (installed version): This platform is recommended for beginners and offers versatile functionality. It allows for simultaneous ordering and payment, displays order and position execution history, and supports collective payment. It provides a simple and comfortable user experience.

LION FX Mobile App (iPad, iPhone, Android): Hirose-fx offers mobile apps for iPad, iPhone, and Android devices. These apps provide access to essential functions and information. Traders can check rates, view charts, place orders, monitor positions, and manage their accounts using these mobile apps.

HTML5 version, Flash version: Hirose-fx also offers web-based trading platforms compatible with various web browsers. The HTML5 version provides access to charting tools, order placement, and account information. The Flash version may have similar functionality but requires Flash support.

Mobile app/portable version: Hirose-fx provides a mobile version of its trading platform that is compatible with mobile phones from different carriers such as docomo, au, and SoftBank. This version allows traders to conduct transactions and access various features on their mobile devices.

The trading platforms offered by Hirose-fx provide traders with the ability to view real-time rates, analyze charts, place different types of orders, manage positions, and access account information. Each platform has its own set of features and compatibility options to cater to traders' preferences and device capabilities.

Deposit & Withdrawal

There are three types of deposit options available with Hirose-fx: quick deposit, quick deposit at ATM, and transfer deposit. Payments can be made 24 hours a day, 365 days a year. Quick deposits support approximately 380 lines and are free of charge, except for PayPay, Mizuho, and Sumitomo Mitsui Banking Corporation, which may charge a fee. Quick deposit at ATMs allows fee-free deposits and supports various banks, including Japan Post Bank, Mizuho, Mitsubishi UFJ, Mitsui Sumitomo, Resona, Saitama Resona, Aomori, Shonai, Gunma, Chiba, Yokohama, Kansai Mirai, Nanto, Hyakujushi, Fukuoka, Juhachi Shinwa, Towa, Keiyo, and Kumamoto. Some agricultural cooperatives and Shinren also support this option. There is also a general transfer deposit available for users.

Hirose-fx offers two types of withdrawals: real-time withdrawals and regular withdrawals. Real-time withdrawals allow for immediate reflection of funds and can be requested within specific timeframes. There are no commissions for real-time withdrawals, except for overseas remittances. Normal withdrawals have specific request and reflection times and are also commission-free, excluding overseas remittances. Withdrawals can be requested once a day, either for real-time withdrawals or regular withdrawals. However, on Saturdays, Sundays, and Mondays, withdrawals can only be made once every three days. It's important to note that real-time withdrawals cannot be canceled once the procedure is completed. Withdrawal requests require authentication with a PIN code set by the customer in advance.

Trading Tools

Hirose-fx offers several trading tools to assist users in their investment activities. These tools include:

1. Economic News: The platform provides real-time updates on economic bulletins. Users can stay informed about the latest economic developments that may impact their trading decisions.

2. FX Wave: This feature delivers 24-hour real-time investment information focused on foreign exchange. Users can access over 150 articles per day, providing insights and analysis to help them make informed trading choices.

3. Klug NEWS: Klug NEWS offers a continuous feed of Forex news, available 24 hours a day. Users can access more than 180 news deliveries daily, ensuring they stay updated on the latest developments in the Forex market.

4. Dow Jones: Hirose-fx translates and delivers news on various asset classes, providing users with information necessary for making investment decisions. Users can expect around 150 news articles per day, covering a range of relevant topics.

These trading tools aim to keep users informed about market trends, economic news, and relevant investment information, enabling them to make well-informed trading decisions.

Educational Resources

Hirose-fx offers a variety of educational resources to assist users in improving their trading knowledge and skills. One of their resources is the LION FX easy operation video seminar, which provides step-by-step guidance on using their trading platform. The seminar covers topics such as installing the app, navigating the transaction screen, understanding different order types, making payments, and managing orders.

Additionally, they offer the FX MARKET INFORMATION SEMINAR, which provides valuable insights into the market and strategies to enhance trading performance. The seminar includes various equations and formulas aimed at helping traders achieve success in their trades. They also offer a special equation designed specifically for winning trades.

Moreover, Hirose-fx provides resources on topics like quick deposit methods, changing currency pairs and order display, order preferences setup, chart analysis techniques, saving chart settings, using technical indicators and trend lines, and accessing execution history. They also cover features such as signal functions, measurement tools, and customizing the transaction screen.

Furthermore, Hirose-fx offers seminars on campaign product cooking, which may provide additional information or strategies related to specific trading promotions or offerings.

Trading Hours

- When US standard time applies, Hirose-fx operates from Monday 7:00 am to Saturday 6:30 am Japan time.

- When daylight saving time applies in Japan, the trading hours shift to Monday 6:30 am to Saturday 5:30 am Japan time.

During Rollover time, which is at 6:59 am Japan time (or 5:59 am when US daylight saving time is applied), certain activities occur. Communication will be temporarily cut off, and date closing work as well as maintenance will be performed. This process usually takes around 15 minutes, but it could extend up to 30 minutes. Additionally, a maintenance pop-up may appear, potentially affecting the ability to trade during this period.

Customer Support

Hirose-fx provides various channels for customer support. You can reach their customer support team via telephone using the toll-free number 0120-63-0727 or the representative number 06-6534-0708. Additionally, you can contact them through fax using the toll-free number 0120-34-0709 or the number 06-6534-0709. Visiting their head office or branches is also an option.

They offer an inquiry form on their website where you can submit your opinions, questions, or requests directly. They also provide a FAQ section where you can find answers to frequently asked questions.

For specific information on deposits, withdrawals, and changing registration information, they provide detailed information on their website. They have a complaint consultation desk for addressing any complaints, and you can contact them for information about the final tax return.

There is an opinion box where you can share your feedback and impressions about their website, trading system, and various services. They offer an operation manual for LION FX, and you can access information to better understand Forex, including country information and technical analysis.

You can contact their customer support team via phone using the toll-free number 0120-63-0727 or the direct dial number 06-6534-0708. They also provide an email address, info@hirose-fx.co.jp, for inquiries if you are unable to use the inquiry form on their website.

Conclusion

Hirose-FX is a forex trading platform that offers several advantages to traders. It provides a user-friendly interface with various tools and features to facilitate trading activities. Hirose-FX also offers a range of trading instruments, allowing users to diversify their portfolios. However, there are some disadvantages worth considering. The platform may lack in-depth educational resources and research materials, which could limit the learning opportunities for traders. Additionally, customer support may not always be readily available or responsive, potentially leading to delays in issue resolution. Traders should carefully assess these factors before deciding to engage with Hirose-FX.

FAQs

Q: Is Hirose-fx a regulated broker？

A: Yes, Hirose-fx is regulated by the Financial Services Agency (FSA) of Japan and holds a Retail Forex License.

Q: What is the address of Hirose-fx？

A: Hirose-fx is located at MG Building, 1-3-19 Shimmachi, Nishi-ku, Osaka, Japan.

Q: What trading instruments does Hirose-fx offer？

A: Hirose-fx offers 51 currency pairs for trading, including major currency pairs like AUD/USD, EUR/USD, GBP/JPY, and more.

Q: What types of accounts does Hirose-fx offer？

A: Hirose-fx offers two types of accounts: FX accounts and LION CFD accounts. Overseas customers can only open FX accounts.

Q: How can I open an account with Hirose-fx？

A: To open an account with Hirose-fx, you need to visit their website and follow the account opening process, which involves providing necessary information and submitting verification documents.

Q: What order types are available on Hirose-fx？

A: Hirose-fx offers various order types, including Market Order, Limit Order, Stop Order, OCO order, Trail Order, and more, to meet different trading needs.

Q: Does Hirose-fx charge commissions on trades？

A: No, Hirose-fx does not charge any commissions on trades.