GCL Markets -Overview of Minimum Deposit, Spreads & Leverage

GENERAL INFORMATION

GCL Markets is an online financial broker authorized and regulated by the Australian Securities and Investments Commission (ASIC) to provide clients with transparent pricing, fast execution and advanced trading tools. The company is located in New York City and registered in the United States, and GCL operate in compliance with local laws and regulations.

REGULATION

GCL Markets Limited was regulated by the Australian Securities and Investments Commission with the regulatory license number of 001292158. In order to protect clients funds, GCL Markets keep all client funds in segregated accounts, where investment funds are kept separate from the company‘s operating funds. This ensures the safety of clients’ funds even if the brokerage is terminated. GCL currently supports traders from 150 countries, have 56,000+ global traders, and process over 200Million trades per month.

BUSINESS SCALE

The company offers a wide range and a number of financial products, mainly divided into leveraged instruments and investment products. Leveraged products include CFD products, Futures, Commodities, and listed options, while investment products include stocks, bonds, ETFs, mutual funds, and managed portfolios.

TRADING PLATFORM

Meta Trader 5

TRADING PRODUCT

The company offers a wide range trading product which are listed below:

· Forex

· Contracts for Difference

· Commodities

· Futures

· Cryptocurrency

DEPOSIT METHOD AND STANDARD

GCL Markets Limited supports several deposit and withdrawal methods, including Visa, MasterCard, Visa Debit.

MARKET INSTRUMENTS

GCL offer Forex (50+ Forex pairs including EURUSD, USDJPY and GBPUSD), CFDs on Stocks (1,000+ global companies including tech giants Apple, Amazon, Facebook and Google), Equity Indices, Commodities (CFDs on Agricultural Commodities including popular markets like Coffee and Sugar), Futures, Commodities and cryptocurrency.

TRADING PLATFORM

GCL markets offers a classical trading solution – the MetaTrader5 platform. MT5 is a highly reliable and user friendly platform, featuring over 50 integrated, market indicators, as well as trading robots, which will allow you to run algorithmic trading sessions. On top of that the platform is equipped with an excellent set of advanced charting tools.

COPY TRADING:The copy trading function of GCL Markets Limited enables traders to quickly and safely copy the investment strategies of top traders and gain the equivalent returns. The operation of copy trading is very simple. Select the strategy provider you want to copy and confirm the amount you want to invest, you can easily make investment based on the professional knowledge of other masters. Whether a starter or experienced trader, you are always welcome to experience this new function.

TRADING HOUR

GCL trading session hours are in line with forex which is 24/5. However, the broker advises that metals have different trading hours and therefore customers should contact GCL for details of specific markets

CUSTOMER SUPPORT

GCL multi-lingual customer support team is always online from Monday to Friday, ready to be of assistance to you. Feel free to contact via email or live chat.