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GCC Brokers Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:16

Abstract:GCC BROKERS was established in Mauritius in 2016 and is not regulated. It offers a variety of trading products and provides three types of accounts, including the option to open a virtual account. The maximum leverage offered is up to 1:1000, and the minimum deposit is $25. Trading is conducted through the MetaTrader 5 (MT5) platform.

GCC BROKERS Review Summary
Founded2016
Registered Country/RegionMauritius
RegulationUnregulated
Market Instruments3,000+, Forex, Metals, Energies, Indices, Commodities, Cryptos, Shares
Demo Account✅
Islamic Account✅
LeverageUp to 1:1000
Spread1.1 pips (Standard account)
Trading PlatformMeta Trader 5
Min Deposit$25
Customer Support24/5 live chat
Tel: +971 4 447 4808, +971 4 549 0408
Email: cs@gccbrokers.com
LinkedIn, Twitter, Instagram, Facebook
Address: 20, Edith Cavell Street, Level 6 Ken Lee Building, Port Loui
Restricted RegionThe United States

  GCC BROKERS was established in Mauritius in 2016 and is not regulated. It offers a variety of trading products and provides three types of accounts, including the option to open a virtual account. The maximum leverage offered is up to 1:1000, and the minimum deposit is $25. Trading is conducted through the MetaTrader 5 (MT5) platform.

GCC BROKERS homepage

Pros and Cons

Pros Cons
Multiple market instrumentsUnregulated
Demo accountsUS clients are not accepted
Multiple account types
Commission-free accounts offered
Tight spreads
Support MT5
Low minimum deposit
Popular payment options
24/5 live chat

Is GCC BROKERS Legit?

  No, GCC BROKERS is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

No license
Domain information

What Can I Trade on GCC BROKERS?

Tradable Instruments Supported
Forex✔
Metals✔
Energies✔
Indices✔
Commodities✔
Cryptos✔
Shares✔
Bonds❌
Options❌
ETFs❌

Account Type/Leverage/Spread

  GCC BROKERS offers three types of account options. It also offers demo accounts and Islamic accounts.

Account TypeStandardProRaw
Min Deposit$25$2,500$5,000
Max Leverage1:10001:15001:200
Spread1.1 pips0.7 pips0 pips
Commission❌❌✔
Account comparison

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔/Experienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

  It supports payments via Bank Transfer, VISA, MasterCard, Bitcoin, Perfect Money (PM), Skrill, and NETELLER.

Payment options

Related broker

No Regulation
GCC Brokers
Company name:GCC Brokers Limited
Score
2.20
Website:http://www.gccbrokers.com/
5-10 years | Suspicious Regulatory License | MT5 Full License | Global Business
Score
2.20

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