Grand Capital, a Seychelles-based forex, CFD and binary options broker, said its binary options trading app for iPhone is ready for official launch, following a testing period.
The app offers two types of binary options: European and American style. The latter allow early closure and yield profitability of up to 40%, if closed early. The other binary options bring profitability of up to 86%. The binary options are on more than 40 assets, including currency pairs, CFDs on indices, gas, oil, fuel oil, gold, and silver.
Trades can be opened and closed directly from the chart. Additionally, the app provides trading signals for more profitable trading, trades history, quotes in real time, account information, etc. There is also the option for a live chat, which puts the client in touch with the app support.
The application is available in Russian, English, Chinese, Indonesian and Vietnamese.
The broker offers trading in forex, CFDs on stocks, gold, oil, lumber and forex instruments and binary options. Its clients can sign up for five types of trading accounts, starting with a minimum deposit of $10 and leverage of up to 1:2000 for the Swap Free type of account. The trading platform is MetaTrader 4. There are also affiliate programs, a free demo trading account, economic calendar and analytical articles.
Currently Grand Capital has offices in Russia, Ukraine, Kazakhstan, Georgia, South Africa, Germany, Portugal, Indonesia, Philippines, India and Netherlands. According to its CEO Stanislav Vaneev, the broker will seek Cyprus regulation and will start offering a new investment system.