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Currency Solutions Review - Is It Legit and Safe? - WikiFX

GCM Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-08 10:35

Abstract:GCM is an unregulated brokerage firm that offers trading in currency pairs, commodities, stock exchange indices, foreign stocks, and bonds and bills.

GCM Review Summary
Founded2018
Registered Country/RegionTurkey
RegulationNo Regulation
Market Instruments500+, Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills
Demo Account✅($100,000 in virtual money)
Leverage/
SpreadLow but not specified
Trading PlatformsGCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5
Minimum Deposit/
Customer Support24/5 support
Contact form, live chat
Facebook, X, YouTube, LinkedIn, Instagram
Phone: +92 0212 345 0 426
Fax: +90 (212) 345 04 02
Email: bilgi@gcmyatirim.com.tr
Address: Eski Büyükdere Cad. Park Plaza. No:14 Kat:14 Maslak Sarıyer / İstanbul - TÜRKİYE

  GCM, founded in 2018 and registered in Turkey, is an unregulated brokerage firm that offers over 500 market instruments, including currency pairs, commodities, stock exchange indices, foreign stocks, and bonds and bills. It also provides multiple trading platforms such as GCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5. Moreover, GCM offers a Free Trial Account with $100,000 in virtual money and free training.

GCM's homepage

Pros and Cons

Pros Cons
Demo accounts availableNo regulation
A wide range of trading productsLimited info on accounts
Multiple customer support channelsLimited info on trading fees
MT4 & MT5 platform

Is GCM Legit?

No license

  At present, GCM lacks valid regulation. Its domain was registered on May 19, 2024, and the current status is “client Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

Domain status

What Can I Trade on GCM?

  On GCM, you can trade with more than 500 investment instruments like Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks✔
Bonds✔
Bills✔
Cryptocurrencies❌
Options❌
ETFs❌
Mutual Funds❌
What Can I Trade on GCM?

Account Type

  GCM provides a Free Trial Account and Real Investment Account for clients.

  FREE TRIAL ACCOUNT:

  • $100,000 virtual money
  • Free trainings

  REAL TRADING ACCOUNT:

  • Low spreads
  • A private investor representative
Account Type

Trading Platform

Trading PlatformSupported Available Devices Suitable for
GCM MT4✔Desktop, iOS, AndroidBeginners
GCM MT5✔Web, Desktop, iOS, AndroidExperienced traders
GCM TRADER✔Web, iOS, Android/
MATRIX TRADER✔Windows, Mobile/
GCM STOCK TRADER✔Web, iOS, AndroidStock traders
OPTION TRADER✔iOS, AndroidOption traders
Trading Platform
Trading Platform
Trading Platform

Related broker

No Regulation
GCM
Company name:GCM Yatırım Menkul Değerler A.Ş.
Score
2.43
Website:https://www.gcmyatirim.com.tr
5-10 years | Suspicious Regulatory License | MT5 Full License | White label MT4
Score
2.43

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