GCM Forex review
GCM Forex is a Multi-Assets Trading Platform with over 500+ Assets
GCM Forex is a multi asset platform with 500+ tradable Assets. Assets available on GCM Forex include Forex trading, CFD trading, .
GCM Forex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, are considered financial assets.
Features of GCM Forex
- Virtual Portfolio, or what is commonly known as a Demo Account
- GCM Forex offers Advanced Financial Chart comparison tools
- GCM Forex offers Research-backed analysis on financial markets and investments from top analysts
- The GCM Forex platform is available to use on multiple devices including and online through a Web Browser.
- GCM Forex offers a trading platform with tools for both New Traders and Seasoned Experts
- GCM Forex users benefit from using the GCM Forex platform in over 15 different languages
GCM Forex review
What you should know
GCM Forex offer three ways to trade: Forex trading, CFD trading, . The assets and products available to you on the GCM Forex trading platform depends on the region of the world, you are in and the GCM Forex entity you have an account.
With GCM Forex you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with GCM Forex platform.
GCM Forex are able to accommodate various levels of traders whether you are experienced or a beginner.
Are GCM Forex safe?
When considering GCM Forex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as GCM Forex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years GCM Forex have a head office in Turkey.
GCM Forex is regulated. This means GCM Forex are supervised by and is checked for conduct by the Capital Markets Board of Turkey (SPK) G-039 (398) regulatory bodies.
GCM Forex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like GCM Forex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. GCM Forex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of GCM Forex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. GCM Forex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, GCM Forex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like GCM Forex, you can enjoy peace of mind and focus on your trading activities. If GCM Forex violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with GCM Forex?
All payments made to GCM Forex by traders are securely held in a segregated bank account.
GCM Forex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should GCM Forex use them?
GCM Forex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their GCM Forex clients' funds.
GCM Forex clients can have greater confidence in their financial security when working with a Tier 1 bank because GCM Forex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in GCM Forex deposited in a Tier 1 bank?
Depositing funds with GCM Forex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if GCM Forex were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that GCM Forex is a secure and safe platform.
Please be aware that trading in financial assets with GCM Forex carries a risk of loss. GCM Forex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
GCM Forex emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about GCM Forex, let's closely examine its features.
To better understand the GCM Forex trading platform, you can create two separate accounts - one with real money and the other a GCM Forex demo account. A GCM Forex demo account provides a risk-free environment for experimenting with the GCM Forex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in GCM Forex trading decisions.
Open a demo account Visit GCM Forex
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How GCM Forex as a Company Compare Against Other Brokers
Broker | gcmforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Turkey | Australia | Belize | Cyprus, UK |
Regulation | Capital Markets Board of Turkey (SPK) G-039 (398) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 50,000+ GCM Forex users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit GCM Forex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
GCM Forex review
GCM Forex Pros and Cons
GCM Forex review
GCM Forex Regulation and Licensing in more detail
GCM Forex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of GCM Forex going into insolvency. GCM Forex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like GCM Forex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for GCM Forex traders.
- Capital Markets Board of Turkey (SPK) G-039 (398)
GCM Forex is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like GCM Forex you should be sure they're legitimate online agent.
Is GCM Forex Global?
Yes, GCM Forex is global as GCM Forex is available in over 190 countries.
GCM Forex is a global trading platform in the sense that it operates in 190 countries including nations in Africa, Asia, Oceania, and Europe. Major countries GCM Forex covers include the UK, Germany, South Africa, Thailand, China and Australia. GCM Forex has a total of more than 50,000 users.
GCM Forex review
GCM Forex Awards
GCM Forex have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for GCM Forex below.
- Leveraged Trading Volume Leader Award - TSPB Golden Bull Awards - 2024
- Exceptional Employee Experience Award - Happy Workplaces - 2023
- Most Trusted FX Broker Award - World Finance - 2023
GCM Forex review
GCM Forex Fees Explained
- GCM Forex doesn't charge withdrawal fees.
- GCM Forex does charge a fee for inactive accounts.
- GCM Forex doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from GCM Forex are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
GCM Forex Costs To Check
Modern brokers like GCM Forex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, GCM Forex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall GCM Forex trading profitability.
How GCM Forex Fees Compare Against Other Brokers
Broker | gcmforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 100 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
GCM Forex Minimum Deposit
GCM Forex requires a minimum deposit of 100 GBP/USD/EUR when opening an GCM Forex trading account.
A minimum deposit is the minimum amount of money required by GCM Forex to open a new online brokerage account with them.
Don't be scared off by brokers like GCM Forex charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like GCM Forex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
GCM Forex Withdrawal Fees
GCM Forex doesn't charge withdrawal fees.
GCM Forex Withdrawal rules may vary across different brokers when it comes to transferring funds from your GCM Forex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with GCM Forex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the GCM Forex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from GCM Forex. Researching and comparing GCM Forex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing GCM Forex funds frequently or dealing with large sums of money. Awareness of these GCM Forex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your GCM Forex funds.
For example, GCM Forex allows you to withdraw your funds to Bank Transfer, Debit Cards, Credit Cards, VISA, MasterCard.
GCM Forex Inactivity Fees
GCM Forex does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by GCM Forex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all GCM Forex fees and services. It's recommended that you check the GCM Forex website before signing up. If you decide to close your GCM Forex account, it's important to do so with the GCM Forex broker customer support and obtain confirmation that no remaining GCM Forex fees are due.
Brokers like GCM Forex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
GCM Forex Deposit Fees
GCM Forex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
GCM Forex Commission Fees
GCM Forex does charge commission on CFD instruments.
Brokerage firms like GCM Forex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the GCM Forex trading account level held by the trader.
GCM Forex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing GCM Forex terms and conditions to understand the commission fees and any other charges that may apply is essential.
GCM Forex review
What can you trade with GCM Forex?
It's essential to note that the trading instruments offered under the GCM Forex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the GCM Forex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with GCM Forex over 500 instruments in fact.
If you want to trade currency pairs on global Forex markets, GCM Forex offer over currency pairs.
GCM Forex Compared To Other Brokers
Compare GCM Forex with IC Markets and Roboforex below.
How GCM Forex Trading Options Compare Against Other Brokers
Broker | gcmforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 500 | 2250 | 12000 | 6000 |
Platforms | GCM Trader, GCM MT4, GCM MT5, GCM Option Trader, GCM Stock Market Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit GCM Forex
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
GCM Forex review
Trading on GCM Forex web platforms and other applications
GCM Forex is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
GCM Forex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See GCM Forex's platformsIs the GCM Forex Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the GCM Forex trading platform to protect you on PC and mobile GCM Forex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using GCM Forex web trading platforms.
GCM Forex Trading Platform Options
After logging into your GCM Forex account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
GCM Forex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options GCM Forex gives you.
GCM Forex review
GCM Forex MetaTrader 4 (MT4)
GCM Forex MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on GCM Forex offers traders comprehensive features and tools to enhance their trading performance. The GCM Forex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the GCM Forex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows GCM Forex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give GCM Forex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 GCM Forex trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the GCM Forex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with GCM Forex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The GCM Forex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. GCM Forex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with GCM Forex in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. GCM Forex MetaTrader 4 is compatible with the latest macOS. GCM Forex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on GCM Forex
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade GCM Forex MetaTrader 4 on iOS Devices
You can download the GCM Forex app or trade with GCM Forex through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. GCM Forex customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade GCM Forex MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and GCM Forex offers its clients access to the MetaTrader 4 platform on these devices. With the GCM Forex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing GCM Forex traders to stay on top of their trades and react quickly to changes in the market. With the GCM Forex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade GCM Forex MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on GCM Forex are a powerful bundle of three major indicators designed to help traders make informed decisions. GCM Forex MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help GCM Forex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing GCM Forex traders to potentially stay one step ahead.
GCM Forex MetaTrader 4 Advanced Trading Tools
The GCM Forex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give GCM Forex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, GCM Forex provides traders with everything they need to succeed. The GCM Forex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing GCM Forex traders to analyze the market at any level of complexity.
Trade GCM Forex MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
GCM Forex MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the GCM Forex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for GCM Forex MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, GCM Forex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save GCM Forex users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. GCM Forex traders can navigate the platform and find the information they need to make informed trading decisions.
GCM Forex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for GCM Forex traders of all experience levels.
GCM Forex review
GCM Forex MetaTrader 5 (MT5)
GCM Forex MetaTrader 5 (MT5) In Detail
GCM Forex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, GCM Forex MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on GCM Forex provides the convenience of using automated trading systems and copy trading, giving GCM Forex traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade GCM Forex MetaTrader 5 WebTrader
Access your GCM Forex MetaTrader 5 accounts from any web browser. MT5 on GCM Forex features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
GCM Forex review
GCM Forex MT5 Buying and Selling
GCM Forex MetaTrader 5 on iOS Devices
GCM Forex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. GCM Forex MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
GCM Forex MetaTrader 5 on Android Devices
The GCM Forex MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the GCM Forex trading server. Take the time to understand all of the GCM Forex Android MetaTrader 5 features. With GCM Forex MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
GCM Forex Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- GCM Forex Financial instrument quotes
- View in-depth price charts of financial instruments with GCM Forex MetaTrader
- Manage trades and open positions on GCM Forex MT4 & MT5
- View your GCM Forex trading history
- View market news
- MetaTrader internal messaging on GCM Forex
- View and research market statics of GCM Forex financial instruments
- GCM Forex Position opening and closing
- Lookup symbols in the GCM Forex MetaTrader quotes section
- Display of deals on GCM Forex graphs
- GCM Forex Timeframe selection for graphs and charts
- Additional vertical scaling of GCM Forex graphs
- Capability to transfer GCM Forex accounts to other devices using QR codes
- Information is available only if it's supplied by GCM Forex
- Access the OTP generator through FaceID or fingerprint with GCM Forex
GCM Forex MetaTrader 5 Advanced Trading Tools
GCM Forex MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- GCM Forex MT5 Depth of market bids and asks
- Financial Price Data on GCM Forex
- Margin Calculation, Futures, Forex on GCM Forex
- Advanced Techincal Analysis on GCM Forex MT5
- One click trading on GCM Forex MT5
- GCM Forex Spreads
- GCM Forex Futures
- GCM Forex Trading Reports
GCM Forex Trading benefits
- GCM Forex Allows scalping
- GCM Forex Allows hedging
- GCM Forex Offers STP
- GCM Forex Low min deposit
- GCM Forex Offers Negative Balance Protection
GCM Forex Trading Accounts Offered
Below we give an overview of the account types that GCM Forex offer. Whatever you are looking to trade, the varying GCM Forex account types will be able to provide you with what you need.
- GCM Forex Demo account
- GCM Forex Standard account
- GCM Forex ECN account
- GCM Forex STP account
- GCM Forex Islamic account
Can I try GCM Forex?
GCM Forex provides a demo account that enables individuals to explore trading before investing their funds. By creating a GCM Forex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the GCM Forex demo account can help individuals to make informed decisions before investing their money.
Open a demo GCM Forex account to practice and trade.
Your capital is at risk
GCM Forex withdrawal and funding methods
It's essential to remember that the payment methods provided by GCM Forex vary based on the GCM Forex entity and the GCM Forex client's country of residence. To view the GCM Forex payment options available, you can log into your GCM Forex member's area.
GCM Forex offers various funding payment methods listed in your GCM Forex dashboard if available in your region. To learn more about the GCM Forex funding and withdrawal options available in your area, you can explore the GCM Forex website.
GCM Forex provides several payment methods for funding your GCM Forex account. You may utilize any of these deposit options if they are available in your region. GCM Forex ensures that users have multiple payment methods to choose from, making it more convenient for verified GCM Forex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the GCM Forex user's location. learn more about GCM Forex funding and withdrawal methods.GCM Forex Payment Methods
Some GCM Forex payment methods are local and are available only to specific regions. GCM Forex account holders should check which payment methods are provided in your region.- GCM Forex accepts Bank Transfer
- GCM Forex accepts Debit Cards
- GCM Forex accepts Credit Cards
- GCM Forex accepts VISA
- GCM Forex accepts MasterCard
Broker | gcmforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available GCM Forex and other broker payment methods depend on the clients country of residence.
How can I start trading with GCM Forex?
To open a trading account with GCM Forex, individuals can sign up on the GCM Forex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for GCM Forex account validation and making a deposit. Once completed, GCM Forex users can download the trading platform of their choice.
It's important to note that GCM Forex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps GCM Forex maintain a trustworthy financial environment for its 50,000 users. Detailed information on the GCM Forex trading platforms is available on their website.
Your capital is at risk
Performing trades with GCM Forex
When using GCM Forex, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. GCM Forex have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using GCM Forex can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, GCM Forex margin requirements can differ depending on the traded instrument.
CFD Trading on GCM Forex
We will show you an example of the basics of using GCM Forex leverage.
CFD trading on GCM Forex allows traders to speculate on the price movements of various financial instruments against the broker GCM Forex, without actually owning real assets. With CFDs, GCM Forex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
GCM Forex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, GCM Forex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the GCM Forex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, GCM Forex leverage magnifies both profits and losses in trading.
Trading CFD trades on the GCM Forex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced GCM Forex traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with GCM Forex Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like GCM Forex. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a GCM Forex trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, GCM Forex trading losses are always limited to the current balance of funds in the trader's account.
Even if an GCM Forex trader experiences a significant loss, they will never owe more money than what is available in their GCM Forex account balance.
It's important for GCM Forex traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that GCM Forex losses are limited to the funds available in your GCM Forex account when negative balance protection is in place.
Education Resources at GCM Forex
GCM Forex offer educational resources which include Training Videos, Educational Books, Financial Dictionary, Educational Activities, Live Broadcasts and Trainings, Seminars. Please bear in mind that these resources provided by GCM Forex do not guarantee any results when trading. When we checked on the GCM Forex website, these educational resources were not available in every language. Also some financial instruments mentioned in any GCM Forex educational resources may not be available in your region.
To trade effectively with GCM Forex, it's important to have a good understanding of the GCM Forex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with GCM Forex and externally.
GCM Forex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with GCM Forex. Familiarizing yourself with the GCM Forex trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using GCM Forex. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with GCM Forex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like GCM Forex, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with GCM Forex. Explore the GCM Forex platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with GCM Forex, before live trading.
Customer Support at GCM Forex
As part of our GCM Forex review, we review customer service options, response times and problem resolution effectiveness on the GCM Forex trading platform. The GCM Forex trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
GCM Forex Available Support Types
Based on our experience, we have given GCM Forex a D grade for customer support. We encountered some slow response times or GCM Forex queries that were left unanswered.
Compared to other brokers, GCM Forex offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at GCM Forex
Our team tested the live chat support of GCM Forex and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested GCM Forex support services in various countries and languages and found that GCM Forex were able to effectively resolve our customer issues.
Email Support at GCM Forex
We tested the email support of GCM Forex by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any GCM Forex response.
The GCM Forex team did resolve and answer our queries, but the email support from GCM Forex was overall average compared to other brokers we have tested.
Phone Support at GCM Forex
We contacted GCM Forex via phone and received quick assistance within 10 minutes of our call.
The GCM Forex phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by GCM Forex and found that they could assist us in various languages.
While we found the GCM Forex phone support satisfactory, there is room for improvement in response time.
See how GCM Forex Support Compares Against Other Brokers
Broker | gcmforex | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit GCM Forex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with GCM Forex
As GCM Forex is regulated by Capital Markets Board of Turkey (SPK) G-039 (398).
As a new client of GCM Forex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with GCM Forex in your region. During the GCM Forex account opening process, you will be asked to provide GCM Forex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with GCM Forex have the following documents available.
- GCM Forex require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for GCM Forex compliance. This must be dated within the last six months.
- If you plan to fund your GCM Forex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the GCM Forex platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under GCM Forex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring GCM Forex's platform.
However, remember that you won't be able to make trades on GCM Forex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the GCM Forex KYC compliance process as soon as possible to avoid any delays in accessing the GCM Forex platform's features.
It is important to note that GCM Forex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the GCM Forex platform and features immediately. However, you must pass the verification process to start live trading with GCM Forex, which can take up to a few business days.
To start the process of opening an account with GCM Forex you can visit the GCM Forex trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.gcmyatirim.com.tr/ on November 21, 2024.
Watch this GCM Forex Explainer Video
Is GCM Forex A Good Broker?
We have spent over 5 years examining GCM Forex in depth. Although we found some very useful aspects of the GCM Forex platform that would be useful to some traders. We feel that a alternative to GCM Forex may better suit you.
- GCM Forex have a good track record of offering Forex trading, CFD trading, .
- GCM Forex has a history of over 16 years.
- GCM Forex has a reasonable sized customer support of at least 10.
- GCM Forex are regulated by the Capital Markets Board of Turkey (SPK) G-039 (398). GCM Forex is subject to strict regulatory oversight from its respective jurisdiction, which holds GCM Forex (the broker) accountable for misconduct. This regulatory framework helps ensure that GCM Forex operates fairly and transparently and provides GCM Forex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and GCM Forex.
- GCM Forex have regulation from reputable regulators.
- One of the advantages of using GCM Forex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from GCM Forex are particularly important as GCM Forex traders want to receive their money quickly. With the efficient GCM Forex payment processing system, traders can enjoy faster access to their GCM Forex funds.
- GCM Forex have an international presence in multiple countries. Including local GCM Forex seminars and training.
- GCM Forex can hire people from various locations in the world who can better communicate in your local language.
GCM Forex Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
GCM Forex not quite right?
If after reading this GCM Forex review, GCM Forex does not fulfill your needs check out these GCM Forex Alternatives.
Click here to view the best GCM Forex Alternatives
We have spent years researching the best alternatives to GCM Forex. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective GCM Forex alternatives available today. If you are unsatisfied with GCM Forex or want to explore other options, we recommend checking out our carefully curated list of highly-rated GCM Forex alternatives. Follow the links below to learn more about these GCM Forex broker alternatives and choose the one that best suits your trading needs.
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Related GCM Forex Vs Comparisons
Throughout our comprehensive GCM Forex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing GCM Forex against other popular brokers in the industry, check out our GCM Forex Vs pages. Our team has compiled a series of detailed GCM Forex comparison articles, pitting the GCM Forex platform against some of the best-rated GCM Forex competitors in the market. Dive into our informative GCM Forex Vs pages below to find out how GCM Forex stacks up against other leading brokers.
- GCMForex vs ICMarkets
- GCMForex vs Roboforex
- GCMForex vs eToro
- GCMForex vs XTB
- GCMForex vs XM
- GCMForex vs Pepperstone
- GCMForex vs AvaTrade
- GCMForex vs FPMarkets
- GCMForex vs easyMarkets
- GCMForex vs SpreadEx
- GCMForex vs FxPro
- GCMForex vs AdmiralMarkets
- GCMForex vs ThinkMarkets
- GCMForex vs FXPrimus
- GCMForex vs Trading212
- GCMForex vs ForexMart
- GCMForex vs Eightcap
- GCMForex vs ForTrade
- GCMForex vs InteractiveBrokers
- GCMForex vs Forex.com
- GCMForex vs IG
- GCMForex vs Robinhood
- GCMForex vs Coinbase
- GCMForex vs Binance
- GCMForex vs Oanda
- GCMForex vs CMCMarkets
- GCMForex vs HargreavesLansdown
- GCMForex vs Ayondo
GCM Forex review
GCM FOREX Frequently Asked Questions
Read our detailed GCM Forex FAQ Section updated for 2025.
Can I try GCM Forex?
GCM Forex offer a demo account so you can try the GCM Forex platform with virtual trading before you put down a payment. Virtual trading with GCM Forex is zero risk. Learn more here
What funding methods do GCM Forex accept?
Please note that the list of payment methods below depends on the GCM Forex Entity and the client's Country of Residence.
GCM Forex offer the following funding payment methods Bank Transfer, Debit Cards, Credit Cards, VISA, MasterCard, among other payment methods.
Learn more here
Is GCM Forex safe?
GCM Forex have over 50,000 users. GCM Forex are considered reliable as they are regulated by and checked for conduct by the Capital Markets Board of Turkey (SPK) G-039 (398). Any payments funded to GCM Forex accounts by traders are held in a segregated bank account. For added security,GCM Forex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with GCM Forex is risky, and because the market is so volatile, losses could happen at any time. Do not invest with GCM Forex unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is GCM Forex trading good?
GCM Forex is considered good and reputable to trade with GCM Forex. GCM Forex is used by over 50,000 traders and GCM Forex users. GCM Forex offers Forex trading, CFD trading, and trading. Minimum deposit with GCM Forex is 100.
Is GCM Forex trading Legit?
GCM Forex was founded in Turkey in 2008. GCM Forex has been facilitating trade on the financial markets for over 16 years. GCM Forex offers clients Forex trading, CFD trading, and trading. All funds deposited to GCM Forex are held in segregated bank accounts for security. GCM Forex is regulated by Capital Markets Board of Turkey (SPK) G-039 (398) so can be considered legit.
Is GCM Forex a good broker?
GCM Forex allows Forex trading, CFD trading, and trading. GCM Forex is overseen by the top tier financial regulators Capital Markets Board of Turkey (SPK) G-039 (398) so can be considered a good broker.
Is GCM Forex trustworthy broker?
GCM Forex is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to GCM Forex, money is in a segregated bank account that is separate from GCM Forex company's funds. As a regulated broker, GCM Forex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by GCM Forex. Instead, your GCM Forex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with GCM Forex. Also GCM Forex is regulated in its local jurisdictions including major financial regulators like Capital Markets Board of Turkey (SPK) G-039 (398).
What is the minimum deposit for GCM Forex?
The minimum deposit to trade with GCM Forex is 100.
How long do GCM Forex withdrawals take?
Withdrawing money from GCM Forex processing time varies depending on the method but averages 1-5 days.
Is GCM Forex regulated?
GCM Forex is regulated by the Capital Markets Board of Turkey (SPK) G-039 (398). Regulatory bodies conduct regular reviews and audits as part of GCM Forex maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is GCM Forex a market maker?
GCM Forex is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with GCM Forex?
When opening a trading account with GCM Forex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on GCM Forex trading platforms, you can follow the link provided below: Learn more about signing up with the GCM Forex trading platform here. This will provide useful information and insights into the various trading platforms offered by GCM Forex, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with GCM Forex?
Yes your money is safe with GCM Forex.
Overall, strict financial regulation is essential for ensuring that trading platforms like GCM Forex operate fairly, transparently, and responsibly, which ultimately benefits all GCM Forex stakeholders involved.
Trading platforms like GCM Forex must have strict financial regulation for several reasons:
- Protecting GCM Forex Investors: Strict financial regulation ensures that investors who use the GCM Forex trading platform are protected against fraudulent or unethical behavior by the GCM Forex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the GCM Forex platform.
- Maintaining GCM Forex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the GCM Forex trading platform. Regulatory procedures reduce the likelihood of the GCM Forex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing GCM Forex Transparency: Regulations require trading platforms like GCM Forex to maintain detailed records and disclose GCM Forex client information. Financial regulatory requirements enhances transparency and helps to build trust between the GCM Forex platform and its investors.
GCM Forex is regulated by the Capital Markets Board of Turkey (SPK) G-039 (398). When selecting a broker such as GCM Forex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, GCM Forex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like GCM Forex.
Is GCM Forex a con?
GCM Forex is regulated and well established, having been in business for over 16 years. GCM Forex is not a con.
Can you make money with GCM Forex?
Although traders have had great success with GCM Forex, trading on the financial markets with GCM Forex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does GCM Forex have fees?
GCM Forex doesn't charge withdrawal fees. GCM Forex does charge a fee for inactive accounts. GCM Forex doesn't charge deposit fees.
When was GCM Forex founded?
GCM Forex was founded in 2008.
How many people use GCM Forex?
GCM Forex is used by over 50,000 registered GCM Forex users.
What is GCM Forex Headquarters country?
GCM Forex has its head quarters office in Turkey .
Does GCM Forex offer negative balance protection?
GCM Forex offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does GCM Forex offer guaranteed stop loss?
GCM Forex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does GCM Forex allow scalping?
GCM Forex offers scalping.
Does GCM Forex allow hedging?
GCM Forex offers hedging.
Does GCM Forex offer CFD trading?
GCM Forex offers CFD trading.
Does GCM Forex offer STP?
GCM Forex offers STP trading.
How many people use GCM Forex?
GCM Forex is used by over 50000 GCM Forex users and traders.
Is GCM Forex an ECN broker?
GCM Forex offers ECN trading.
Does GCM Forex offer a demo account?
GCM Forex offers a demo account.
Does GCM Forex offer an Islamic account?
GCM Forex offers an Islamic account.
What are the funding methods for GCM Forex?
Please note that funding methods and options available with GCM Forex can be found in the GCM Forex Members area and depend on the GCM Forex client’s country of residence. Please check your specific available payment methods on the GCM Forex website. GCM Forex accept the following funding methods : Bank Transfer, Debit Cards, Credit Cards, VISA, MasterCard.