GCC Brokers Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-27 18:16Abstract：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 | |
| Founded | 2016 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | 3,000+, Forex, Metals, Energies, Indices, Commodities, Cryptos, Shares |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | 1.1 pips (Standard account) |
| Trading Platform | Meta Trader 5 |
| Min Deposit | $25 |
| Customer Support | 24/5 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 Region | The 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.
Pros and Cons
| Pros | Cons |
| Multiple market instruments | Unregulated |
| Demo accounts | US 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.
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 Type | Standard | Pro | Raw |
|---|---|---|---|
| Min Deposit | $25 | $2,500 | $5,000 |
| Max Leverage | 1:1000 | 1:1500 | 1:200 |
| Spread | 1.1 pips | 0.7 pips | 0 pips |
| Commission | ❌ | ❌ | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
It supports payments via Bank Transfer, VISA, MasterCard, Bitcoin, Perfect Money (PM), Skrill, and NETELLER.
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