Gerchik & Co-Some Important Points about This Broker

General Information & Regulation

Founded in 2015, Gerchik & Co is an online trading broker that offers traders access to the markets using the STP execution model. Gerchik & Co Limited is authorized and regulated by the

Vanuatu Financial Services Commission (VFSC), with regulatory license number 40512.

Market Instruments

Financial instruments that traders can trade with Gerchik&Co, including 66 currency pairs, 279 CFDs on shares of top companies, 3 cryptocurrencies, 13 indices, 3 CFDs on raw materials 7 CFDs on metals.

Minimum Deposit

To meet investors of different levels' investment needs and trading experience, Gerchik&Co offers six different account types, mainly Starter Accounts (minimum deposit of $100), Mini Accounts (minimum deposit of $500), Simple Accounts (minimum deposit of $1000), Silver Accounts (minimum deposit of $10,000), Gold (minimum deposit of 25000 USD) and Platinum accounts (minimum deposit of 100000 USD).

Gerchik & Co Leverage

In terms of trading leverage, the maximum trading leverage offered by Gerchik & Co is up to 1:100. This leverage level is kind of conservative, many other brokers could offer higher leverage. However, inexperienced traders are advised not to use such high leverage, as it is too risky.

Spreads & Commissions

The spreads on Gerchik&Co's Starter Accounts start from 0.4 pips, and the commission is $10 per lot. The spreads on Mini Accounts start from 0.4 pips, and the commission is $10 per lot. Spreads on Simple Accounts start from 0 pips, and commissions are $10 per lot. Silver Account spreads start from 0 pips, and commissions are $9 per lot. Gold Accounts have spread from 0 pips and commissions from $8 per lot. Platinum accounts have spread from 0 pips and commissions from $7 per lot.

Trading Platforms

Gerchik & Co offers traders the world's leading and most popular trading software, MT4, MT4 Android, MT4 iOS, MT4 Windows, MT5, MT5 Android, MT5 iOS, MT5 Windows. MT4 is the ideal trading platform for trading currency pairs and CFDs, with an all-in-one interface. MT4 offers 9 timeframes and 30 technical indicators for investors to choose the desirable trading strategy, while MT5 has 21 timeframes and 38 built-in technical indicators, 44 charting tools, and support for robots and EA trading.

Trading Tools

In addition to the tools that were built into the MT4 and MT5 trading platforms, Gerchik & Co provides clients with some standalone trading tools, such as trading calculators, traders statistics, and more.

Deposit & withdrawal

Gerchik&Co welcomes a variety of payment methods, including VISA & MASTERCARD (for EUR, USD, 2.8% deposit fee, 2% withdrawal fee), wire transfer SEPA & SWIFT (for EUR, USD, deposit and withdrawal fee over 5 EUR), Skrill (for EUR, USD, 3% deposit fee, 1-2% withdrawal fee), NETELLER (for EUR, USD, 4% deposit fee, 1% withdrawal fee), WebMoney (0.8% withdrawal fee, each transaction up to $50), Perfect Money (0.5% withdrawal fee ), Payeer (0.95% withdrawal fee ), Bitcoin payment, etc.

Customer Support

All clients trading, general, and account-related can be sent to a knowledgeable customer support team that is available 24/7 and can be reached through email, telephone, and social media.