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"I started trading together with my wife when we both were at the University, where I studied statistics. I started with the MICEX market and then shifted to Forex in 2008. It's 9 years on financial markets in total. " – Says the winner of round 173 of Rally Trade contest Yuri Safronov.

How did you learn trading on the first place? What books / courses or other resources do you use for studying now?

I finished trading courses in a brokerage company when I was just starting, then it was only self-learning by trial and error. I don’t use any resources for studying at the moment because I have my own strategy, which is based on my experience.

You have been participating in Grand Capital contests for 5 years now but it's your first victory. Why do you think you succeeded now? 

I managed to win this time because it all work out well: luck, experience and strategy. Moreover, there are favorable conditions for trading Forex in Russia now. 

What is the most important thing for you when choosing a broker and why did you choose Grand Capital?

When choosing a broker I look at the quality of customer support, how tight spreads are, withdrawal and deposit conditions and the speed of response to various issues. Grand Capital is right for me in all aspects. 

Can you tell us about your trading strategy? How does it work?

I chose scalping strategy for the competition (fast orders with a large volume). I've known this strategy for a while now, learnt it from various books on technical analysis. I chose yen currency pairs because recently it's been the most volatile.  I think it’s the perfect choice for a one-day competition.

What would you whish to those participants who hasn’t won yet?

I would wish them to overcome emotions and greed as these two are the main enemies of any trader. Keep changing your strategy until it starts to bring you profit, and don’t even think of giving up! And, of course, good luck to everyone!

Grand Capital is now in the rating of the best affiliate program providers in Russia. The rating is published by MasterForex-V, the International trading Academy and is based on the Academy’s expert reviews and IBs' and other Forex market players' votes. According to MasterForex-V, the rating was created to help starting IBs who often struggle to find a reliable broker with fair affiliate program conditions. The Academy also listed a number of factors to consider when choosing a broker to partner with, such as, company’s reputation, how long the company has been on the market, trading conditions, commission payout terms, the quality of client support and other factors that will ensure a long term partnership.

Giancarlo Spinnato, head of GC LTD:

"The increased commission rates (highest on the market), everyday payments and other improvements that we implemented back in 2015 have already been recognized by the professional community. In April 2006 Grand Capital won in the Best Affiliate Program nomination at MENA FFXPO in Dubai and in May our partnership program was proclaimed the best by FxDailyInfo. The fact that we’ve been included in the rating published by a project like MasterForexV means that our work is starting to get noticed in CIS as well."

It is not the first time Grand Capital team’s work is recognized by MasterForex-V. In 2014 Grand Capital was awarded “Stability on Forex Market” cup; nomination is based on the traders' and Academy’s experts’ votes.  

“One day I was at my friend’s place and he was trading in Platform 4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him”. – The winner of round 322 of Drag Trade contest, Amir Khan told us how he became a trader and how popular Forex trading is in Pakistan.

Congratulations once again, Khan!  

Tell us how you became a trader. How did it all start?

Well one day I was at my friend’s place and he was trading in Platform 4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him. He then said that I can check it myself on a demo account with virtual money. 5 years have passed since I did it and I never regret this decision. Now Forex trading is a great source of extra income for me – my main source is my business. In the future I want to become a big professional trader.

Is Forex trading popular in Pakistan? 

Yes, I would say it is really popular over here. If you live in Pakistan, you can be confident that there is at least one person around you who is more or less acquainted with Forex. That is why it is easy to find a friend or a colleague at work to discuss a new trading strategy and consult a trader more experienced than yourself.

Do you often participate in contests for traders?

Yes, I participate in Forex trading contests quite often. But I especially like Drag Trade because it is one of the very few contests that last for just 1 hour.

Let’s talk a bit about your trading. You opened 9 Sell orders for GBPJPY pair with completely different volume sees like it was algorithmic trading. Did you use a robot?

Yes – this round was won by a robot specifically developed for short term contests. One of my friends develops expert advisors. I once told him about the contest, the task seemed quite interesting for him and he made a robot for me that would suit short contests. GBPJPY pair I chose by myself – I like it cause of the good spread.

What is the most important in a Forex Broker and why did you choose Grand Capital?

Main criteria are, of course, the spreads, leverage and tradable deposit bonus. As for Grand Capital, above all, it offers great interesting contests.

What would you wish or recommend to those contest participants who haven't won yet?

Well, to both new and current participants who haven’t won yet I would advise to first analyse the 30M chart prior to the start of the contest so you know if the market trend is bullish or bearish.

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!

Grand Capital would like to congratulate all traders of Islamic faith with Eid al-fitr! Let peace, well-being and love be with you and your relatives. We wish you good health, prosperity and best luck in any endeavours. 

Don't forget about the great promotions of Grand Capital that will help you achieve prosperity trading on financial markets:

Receive additional 40% to every deposit. It is a tradable bonus available to all Swap Free account holders.

Trade Binary Options risk-free. Receive compensation for any bad trading day of the month, every month! 

Yours truly,
Grand Capital team

Yours truly,
Grand Capital.

Dear clients,

Margin requirements that were temporarily changed due to the Brexit vote will return to normal:

From 28^th of June internal transactions are no longer restricted.

From 29^th of June Binary Options return rates, which were lowered due to the Brexit vote will return to normal (as per the contract specifications).

From 4^th of July all the temporary conditions introduced for the rest of the trading instruments will be cancelled.

Please consider this information when planning your trading activity.

Yours truly,
Grand Capital team

It’s not the first time a contest winner says that they didn’t expect to take to first place. This only proves once again that lack of experience, a significant gap in trading results or even being late for contest are not the reasons to give up. In today’s interview Lidia Rudenko – the winner of 41^st round or Future Trade contest will tell you how she won $1000 in a Grand Capital demo contest.

Why did you choose a futures contest while the majority of traders prefer currency pairs to trade with?

Yes, I am also used to currency pairs. But I believe that a person should always try to broaden their mind. Trading is no exception for me.  

Why did you choose Grand Capital and which of our services do you use at the moment?

One of the main factors for me is round the clock customer support. It is especially important for traders who don’t only trade in daytime. I also like your website as it is filled with useful information.

For this round you chose futures contract for Russell 2000. Why did you choose this index?

Oh that’s simple: I chose Russell 2000 simply because one of the previous winners succeeded trading it. So I decided to also try it.

Tell us about your trading strategy. Which strategy do you consider to the most successful?

I tried to learn different strategies. Unfortunately, lack of discipline is why I couldn’t succeed in using many of them. So the best thing for me is to follow the trend without any limitations in time. I prefer wider timeframes. But it’s all different when it comes to the contest. If you want to win you need to risk, set high volume and make unprecedented decisions. I think that is what you need to do in order to win.

Tell as a bit about your trading career. What did you start with and how long have you been trading on financial markets?

I have being doing it for a long time now. It all started when I felt that I didn’t earn as much money as I wanted so I started looking for ways to make some extra cash. That’s how I came to Forex at the first place. I’ve had both positive and negative experience. I’ve also participated in other brokers’ contests but my prize there didn’t exceed 20USD.

Did you participate in the contest for the first time or you tried many times?

I’ve participated many times. I’ve always thought though that the first place is unreachable for me, but my luck turned and here I am!

What was your success factor in this round?

This round was very intense. Till the last moment I didn’t believe that I would come first, because the previous contest winners finished their rounds with much better results. I think that my determination helped me to win.

What would you recommend or wish to those who are just going to take part in the contest?

Go for it, fight till the end and the result will not keep you waiting!

Future Trade contest is one of the regular Grand Capital demo contests and is held on every first week of the month. You don't need any investments to participate in the contest. During the whole week, trading with deposit of $10 000 on a demo account you need to get the highest profit and then the main prize of $1000 will be in your hands.

All traders know that with any crisis come seeds of opportunity because those wide market fluctuations present a huge opportunity to earn big, not traders are willing go for it though. Roman Vasin – the winner of round 320 of Drag Trade contest told us why he is not preparing to trade during the referendum and which strategy he thinks is the most profitable.

Many brokers out there offer contests for traders. Why did you choose Grand Capital?  

I was looking for a trustworthy broker and one day I came across Grand Capital and noticed that you have great contests that help to easily learn almost everything you need to know about a broker. One of the biggest advantages of Grand Capital contests is that you don’t need to register separately for each round.

We can see that you often participate in Drag Trade and Rally Trade contests. Is your trading style the same for each of the two contests or you have two different tactics?

The tactic is different for each contest. Otherwise, you can’t reach the desired outcome.

In this contest you traded a currency pair (GBPJPY). Have you tried trading CFDs or Binary Options? What do you think about these instruments?

At the moment I am still learning about these instruments so I can’t be certain about anything yet.

Do you know about the coming Brexit vote? Are you preparing for this event in any way? How?

Of course, I know about the referendum, but I am not preparing for it as I may lose my nerves as well as my deposit.

In this round you opened many orders with volume of 1-2 Lots, but for some of them the volume was really high – 60 or 80. Why?

It is because of the tactic that I used in the contest.

Tell us about your tactic.

In Drag Trade my choice was based on Linear Regression Channels. It’s just that the main tactic that I use is scaled for H4 chart, so the trade should last from 4 hours up to 1-8 days. I had to modify it for trading in 1-5-15 min ranges for the contest. That is why I sometimes used such high volumes.

Is Forex trading your main source of income?

No, it is not. Although the profit I receive trading is slowly starting to overweight my main income.

Tell us about how you came to Forex – how did it start and how long have you been trading?

It all started during the 2008 crisis. I had to start searching for additional sources of income and in 2009 Forex became one of such sources. There were ups and downs, a lot of learning, phycology and much more. I like trading because the market teaches you something new every day.

What would you recommend to those who are just going to participate in the contest?

Contest is a great chance to try a trading strategy or a new asset. Even if you already have a strategy, contests will help you hone it.

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!

Our newest Futures Trade winner Evgeny Lebedev told us why he likes trading futures and how he managed to rock the contest with the largest prize fund.

In this round you’ve placed over 200 trades that involved various futures contracts: currencies, indices, cattle and commodities. In your trading do you rely on luck or you have a special strategy for trading futures?

When trading futures I mainly use fundamental analysis. In the contest round I was scalping as I think that it is the only way to achieve winning results in such short period of time.

Which commodity futures do you like to trade the most?

It is hard to pick only one. I just like trading futures contracts as each one of them represents its own market piece. Plus, with futures you can always find the spot to enter the market that has a profit potential. It is also important to me that trading futures, you can learn what is happening in the world. For example, analyzing cotton price you suddenly learn that there was a major flood in Pakistan or what was the weather like in Brazil this winter trying to foresee the price for a sugar futures contract.

In this round you were basically trading 24/5. How do you manage to reserve so much time for trading?

At the moment I work day and night and the trading terminal is always at hand. That is why I am always on alert at any time of day or night.

Is trading your main source of income?

Unfortunately, at the moment it is not. But I hope someday it will.

When did you start trading on financial markets? What instruments did you start with? Do you use robots?

I started trading in 2007. As all the novices I started with trading currency pairs but with time my interest shifted towards stock market and futures. I don’t use robots, but I would like to check it out. May be I’ll do it soon. As I said earlier, I mainly rely on fundamental and a bit - on technical analysis and intuition.

Which sources do you use to learn whan it happening on the market?

I often read blogs and listen to Business FM radio channel. Also, there are plenty of specialized websites for traders I usually go to when I need specific information.

Do your trading styles and strategies differ when trading on a demo account and a live account? What are the differences?

That’s a good question. Well, of course, I am more of a reckless guy on the contest demo account as I need to get high level of profit fast. It is impossible to do if you think too much about the money management and your risk levels.

Why did you choose Grand Capital as your broker and how long have you been trading with us?

I joined Grand Capital back in 2008. At that time I actively traded Russian Shares and was quite good at it. But, unfortunately in the end of 2008 you made trading shares unavailable and I shifted to a different broker with a wider range of trading instruments. But in 2012 the broker went bankrupt and I lost a lot of money. As a result, I wasn’t trading for about 3 years, but was still following market news.

Why did you decide to return to Grand Capital?

I did it because I trust the company. The broker proved to be trustworthy, plus it is possible to trades shares here again. Your CFD trading conditions are much better than those of some other brokers like BKS and Finam. Overnight margin requirements have also improved. 

What would you wish to those who are just planning to take part in the contest?

Try, achieve, win!

Evgeny, thank you for agreeing to answer our questions. Grand Capital team whishes you successful trading! 

Future Trade contest is one of the regular Grand Capital demo contests and is held on every first week of the month. You don't need any investments to participate in the contest. During the whole week, trading with deposit of $10 000 on a demo account you need to get the highest profit and then the main prize of $1000 will be in your hands.

Dear Clients!

Due to the upcoming referendum in Great Britain (Brexit vote) that is being held on 23rd of June to decide whether Great Britain should leave or remain in the European Union and the expected high volatility levels, margin requirements will be changed for the following trading instruments:

1. For all Forex instruments that contain GBP, EUR, CHF margin calculation will change and margin requirements will be as follows: GBP - 7%, EUR and CHF - 4%.

2. For spot metals margin requirement will increase from 2% to 3%.

3. Trading will be closed for european and british indices futures and metal futures (AEX, FCE, FDAX, FESX, FSMI, FSTX, FTSE, GC, HG, PA, PL, SI).

4. For currency futures margin requirements will increase by 10 times.

5. Return rates on Binary Options will be decreased by 3 times.

6. Internal transfers will be restricted.

7. In case of high volatility and low liquidity levels, certain instruments can be shifted to Close Only mode.

8. For GBP, EUR and CHF instruments (for all account types, including ECN) leverage will not be available, a fixed margin will be applied in the amount of the percentage stated in pp1, desregarding the account leverage. For all other instrument types normal leverage will be effective.  

Please mind that margin requirements will change for trades that are opened but not closed before the 20th of June 2016.

We will notify you should the changes be void. 

Please consider these changes when planning your trading activity.

Yours truly,
Grand Capital