United States of America
A Rebate Service Working since 2009
Grand Capital
24% of spread and commission
Partner ID: 4831400
Grand Capital is an international broker founded in 2006. The company operates through 40 offices across the world: South Asia, Africa, CIS, Europe, South America. Grand Capital speaks 15 languages and provides over half a million clients in 188 countries with access to financial markets. The company’s activity is regulated by the neutral and independent dispute resolution organization Finacom which assigned Category A to Grand Capital: the highest category of trustworthiness. The regulator guarantees a compensation fund of up to $20,000 for each client. Grand Capital offers six types of trading accounts: Standard, MT5, SwapFree, Crypto, ECN Pro, and Micro.

News Grand Capital

August 25, 2020 in 17:22

Split-adjusted basis trading for #APPLE and #TESLA CFDs

Apple Inc. announced a 4:1 stock split, while Tesla Inc. notified a 5:1 stock split. Both corporate events are to be over 31st August 2020. In this regard, upon the end of the trading session on 28th August, the price for both Apple Inc. and Tesla Inc. shares will be decreased 4 and 5 times respectfully. 

Due to this price adjustment, upon the end of trading session 28th August.volume for all opened positions and pending orders for #APPLE CFD-contract will increase 4 times and for #TESLA CFD-contract will increase 5 times. Prices for both CFD contracts will be decreased 4 and 5 times respectfully. 

The previous split of Apple in June 2014 lowered the share price from $645.5 to $92.5 Now the share price tends to $500, and after the split the price will drop to $100 per share. Don't miss the opportunity to cash in on this year's biggest corporate events. To increase your profits, use the bonus on any deposit +40%. Income from trading with bonus funds can be withdrawn at any time. 

Also, the margin will increase from 20% to 35% for #APPLE and #TESLA instruments at 16.35 EET on 28th of August 2020.