GGCC Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-18 14:23Abstract：Founded in 2023, GGCC is an unregulated broker based in Saint Lucia. It claims to offer market instruments including Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, and Futures. While they attract traders with a low minimum deposit of $10 and high leverage options of up to 1:500, the absence of regulatory oversight remains a significant concern.
| GGCC Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | 24/7 live chat, contact form |
| Tel: +971 42686007 | |
| Email: support@ggccfx.com | |
| Social Media: Facebook, Instagram, Linkedin, YouTube | |
| Registered Address: Ground Floor, The Sotheby Building Rodney Bay, Gros Islet Castries, Saint Lucia | |
| Address: M26, Gold Land Building Al Dhagaya, Deira, Dubai, UAE | |
| Regional Restrictions | The United States, Cuba, Iraq, Myanmar, North Korea, Sudan |
Founded in 2023, GGCC is an unregulated broker based in Saint Lucia. It claims to offer market instruments including Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, and Futures. While they attract traders with a low minimum deposit of $10 and high leverage options of up to 1:500, the absence of regulatory oversight remains a significant concern.
Pros and Cons
| Pros | Cons |
| Various market instruments | Lack of regulation |
| Five account types | Regional restrictions |
| Demo accounts | |
| Commission-free accounts offered | |
| MT5 platform | |
| Low minimum deposit requirement | |
| Popular payment options | |
| 24/7 live chat | |
| Multiple contact channels |
Is GGCC Legit?
No, GGCC is entirely unregulated and poses risks for traders and investors. Please be aware of the risk!
What Can I Trade on GGCC?
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks/shares | ✔ |
| cryptocurrencies | ✔ |
| futures | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
| Account Type | Micro | Standard | Master | Foresight | Premium |
| Min Deposit | $10 | $500 | $2 000 | $5 000 | $30 000 |
| Max Leverage | 1:300 | 1:300 | 1:500 | 1:500 | 1:600 |
| Spread | From 0 pips | From 0 pips | From 0.9 pips | From 1.8 pips | From 2.5 pips |
| Commission | ❌ | ❌ | ❌ | Low | ❌ |
| Swap Fee | ❌ | Low Swap Fee | ❌ | ❌ | ❌ |
| Trading Markets | Forex, Metals | Forex, Metals | Forex, Commodities, Crypto, Stocks, Indices | Forex, Commodities, Crypto, Stocks, Indices | Forex, Commodities, Crypto, Stocks, Indices |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
GGCC accepts deposit and withdrawal methods including Visa, Mastercard, Skrill, and NETELLER.
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