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 | |
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 | 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 |
No, GCC BROKERS is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Commodities | ✔ |
Cryptos | ✔ |
Shares | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 | Supported | Available Devices | Suitable for |
MT5 | ✔ | / | Experienced traders |
MT4 | ❌ | / | Beginners |
It supports payments via Bank Transfer, VISA, MasterCard, Bitcoin, Perfect Money (PM), Skrill, and NETELLER.
In recent years, trading has become more popular than ever. Social media is full of people showing off their “trading lifestyle” with expensive cars, luxury holidays, and promises of easy money. Many of them claim to be mentors, investment coaches, or run online trading academies. They say they can turn beginners into full-time traders in just a few weeks. But is it true, or is it just a clever scam?
The Reserve Bank of India (RBI) has listed out some illegal forex apps India. Read this article to know some of those apps.
Revolut acquires Banco Cetelem from BNP Paribas, marking its Argentina entry. This Revolut acquisition in Argentina signals a major Latin America expansion move.
There are five brokers in Malaysia that you need to be aware of. If you want to prevent your money from risk, check the article for more information.