GCMAsia

WikiFX | 2024-11-28 10:51

Abstract：GCM Asia is a forex broker established in the United Kingdom in 2017, offering trading in 50+ forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more. It uses Metatrader 4 (MT4) and its proprietary GCMAsia Pro as trading platforms for PC, web, and mobile versions. The maximum leverage it offers is 1:200, and the minimum deposit required is $100.

Note: GCMAsia's official website: https://www.gcm-asia.com.cn/ is currently inaccessible normally.

GCMAsiaReview Summary
Founded	2017
Registered Country/Region	United Kingdom
Regulation	ASIC/FCA/NBRB (Suspicious Clone)
Market Instruments	50+ forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more
Demo Account	/
Leverage	Up to 200:1
Spread	/
Trading Platform	MT4, WebTrader
Min Deposit	$100
Customer Support	Tel: +1-800-81-9796
	Email: cs@gcm-asia.com
	X: https://twitter.com/GcmAsia/?tg=SEO&tag1=GCMasia&tag2=GCMasia
	Facebook: https://www.facebook.com/GCMAsia.Trading.Platform/?tg=SEO&tag1=GCMasia&tag2=GCMasia
	Instagram: https://www.instagram.com/gcmasia/?tg=SEO&tag1=GCMasia&tag2=GCMasia
	Address: Michelin House, 81 Fulham Road, London. SW3 6RD

GCM Asia is a forex broker established in the United Kingdom in 2017, offering trading in 50+ forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more. It uses Metatrader 4 (MT4) and its proprietary GCMAsia Pro as trading platforms for PC, web, and mobile versions. The maximum leverage it offers is 1:200, and the minimum deposit required is $100.

Pros and Cons

Pros	Cons
Diverse market instruments	Inaccessible website
MT4 platform	Suspicious clone licenses
Multiple payment options	Unclear fee structure
Social media support

Is GCMAsia Legit?

No, GCMAsia currently has no valid regulations. Their ASIC, FCA and NBRB licenses are all suspicious clones. Traders should carefully consider the risks it brings when choosing to trade with it.

Regulatory Status	Suspicious Clone
Regulated by	Australia Securities & Investment Commission (ASIC)
Licensed Institution	FORT SECURITIES AUSTRALIA PTY. LTD.
Licensed Type	Market Making (MM)
Licensed Number	493520

Regulatory Status	Suspicious Clone
Regulated by	Financial Conduct Authority (FCA)
Licensed Institution	Fortrade Limited
Licensed Type	Market Making((MM)
Licensed Number	609970

Regulatory Status	Suspicious Clone
Regulated by	National Bank of the Republic of Belarus (NBRB)
Licensed Institution	Fort Securities BLR Limited Liability Company
Licensed Type	Retail Forex License
Licensed Number	193075810

What Can I Trade on GCMAsia?

GCMAsia, in partnership with Fortrade Mauritius Ltd, offers over 50 forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more for your personal investment and trading options.

Tradable Instruments	Supported
Forex currency pairs	✔
Stocks	✔
Indices	✔
Commodities	✔
Metals	✔
Oil	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

GCMAsia offers leverage up to 1:200, which can potentially bring high returns, but it also comes with high risks.

Trading Platform

GCMAsia supports MT4 and WebTrader as trading platforms.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Web	/
MT4	✔	PC, web, mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

GCMAsia accpets payments via Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, American Express, BitPay, FPX Payment, Neteller, Online Bank Transfer, Skrill, UnionPay, and WeChatPay.