The international forex and CFD broker Grand Capital announced it has expanded the payment options for its clients in Indonesia by adding the local banks BNI and Mandiri bank. Now the broker's Indonesian clients can fund and withdraw from their user accounts via transfers with those two banks.
With the addition of BNI and Mandiri bank, Grand Capital offers four funding and withdrawal options, along with the Bank Central Asia (BCA) and the electronic wallet FasaPay.
Deposits through the three banks are only available in Indonesian rupiahs (IDR), while FasaPay also supports USD.
As per Grand Capital's requirements, the minimum deposit amount in IDR is as follows:
· 131 064 IDR for Micro accounts;
· 1 310 640 IDR for Standard accounts;
· 13 106 400 IDR for ECN accounts.
The deposits are usually processed within 24 hours.
Grand Capital has been on the market since 2006. It is headquartered in the Seychelles and is a member of Russia’s National Association of the Forex Dealers (NAFD) (formerly known as CRFIN), a Russian self-regulatory organization, and the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization. It has offices across Europe and Asia.
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. There are also LAMM and PAMM accounts.
The trading platform is MetaTrader 4 and WebTrader. There are also affiliate programs, a free demo trading account, economic calendar and analytical articles.