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Gerchik & Co review
Gerchik & Co

On-line since: 2015
Country of origin: Belize
Regulation: IFSC
Payment options: VISA, MasterCard, wire transfer, OKPay, QIWI, LavaPay, Wallet One, Bitcoin
Minimum account size: $1000
Minimum lot size: 0.1 lot
Leverage: 1:200
Spreads: from 0 pips

About the company:

Gerchik & Co is a brokerage company founded by popular Russian trader Alexander Gerchik. Alexander started his career in 2000 giving the Active Trading Course seminars.

Gerchik & Co established in 2015 is targeted at the CIS market. The company provides access to online trading of currencies and other financial instruments. Besides, the broker offers its clients to invest to the TIMA accounts and get a passive income. The TIMA account is a trusted investment account, which is based on principles of PAMM investments. Moreover, traders can choose from 58 currency pairs and 14 CFDs. Trading is performed via the MetaTrader4 trading platform.

Gerchik & Co offers the following trading conditions: the minimum deposit from $1,000, the minimum lot size of 0.1, and the leverage of 1:200. Moreover, opening an account traders get access to the company’s free services, including Trader’s Data Diary, LevelForecast Indicator, and the Risk Management program designed to save traders’ deposits.

Besides, the broker’s clients can benefit from analytical reviews, market news, and market analysis videos created by Alexander Gerchik. Moreover, traders can make use of video courses and other educational materials on Forex trading in Alexander Gerchik’s blog.

Gerchik & Co 5/10 (votes 1712)
Author of Gerchik & Co: fxselow | Date 2019-01-10
Gerchik & Co totally scam! You have to stay away from them. I experienced disappointment and rage for them. I always follow the trading rules and tolerate their systems are always problematic for the withdrawal process. 2 weeks ago I attended one of the competitions that they hold, and my name be one winner. But unfortunately until now the gift of funds that should I get not yet given in my account and the broker can not be contacted. They disappeared. They really disappointing me.
Author of Gerchik & Co: Erol_Varol | Date 2018-12-11
Really I haven't any complaints about Gerchik & Co. Their MT4 Mobile (XOGEE) platform make my trading life easy and profitable. which swiftly executed my deals on perfect position by the 0 pips fixed spread. So I am pleased and I have invested $500 in a Mini account. Also In the platform has many analytical tools, indicators and auto-trading system such as (Risk-manager, TIMA-account), while all are guided to me many profitable deals. I have been withdrawal $4000 via wire transfer from June to November 2018. Their support helps too, when I called +442033184201 number. Overall their services are professional. If I will face any kind of issue then I will give another feedback on this site. Thank you
Author of Gerchik & Co: Gowrov | Date 2018-10-23
I have trade with Gerchik & Co in a Platinum account. Recently their MT4-ECN trading platform has created some issue in my deals, as they provide slow orders execution on the platform beside their spread is fixed 0 pips but I have found they were charged 1pips some of my orders. So I am worried because I have invested $104,370 so far with them. In the platform has many analytical tools, indicators and auto-trading system such as (Risk-manager, TIMA-account), while all are useless and unfamiliar in the market. I also trade by the MT4 Mobile (XOGEE) platform, which is so simple. So I say, Now their services are unknown to me. That's why yesterday I had made a withdrawal request of $4000 via wire transfer. Their support already called me from +442033184201 number, they said to cancel my withdrawal. If I will face any kind of issue then I give an update to you in the nearest time.
Author of Gerchik & Co: fxakhtung | Date 2018-08-16
I wonder what is going on actually in Gerchik & Co. All is well since my first broker's trading 3 months ago. Until last month I still get the bonus and profit in accordance with the established. But suddenly I lost due to a trading platform can not be opened. Spreads floating required exceed a predetermined and finally I lost my money. I'm studying the information on their website. I feel there are several advantages that these brokers offer such as spreads and lot. My interest was reduced to join with this broker. But maybe later I will learn to trade well.
Author of Gerchik & Co: Sam | Date 2018-03-28
I have been trading with Gerchik & Co since 2016, I am having the TIMA with Gerchik & Co . With the lowest Spreads in the markets I can do my trades and earn income without any worries, also the level Forecast Indicator, have been so helpful resulting into a profitable trades. I will say that they are very good in terms of the Trade order completion.
Author of Gerchik & Co: Patrick | Date 2018-01-08
It is a scam, I feel system changes if you don't lose. Always close in favor of your opposite, some points before getting your stop or limit, So you cannot use the stop and limit on the web platform. The sad part was when I made 600$ deposit then i make a profit 850$ gerchik&co; debited my account due to off market trading adjustment I faced, twice this issue i still can't get my money, all is a fraud.
Author of Gerchik & Co: pipkamatang | Date 2018-01-08
I have a standard trading in Gerchik & Co since November 2017, but now I have big complaining because I was not able to withdraw my bonus including the profit I made for 3 times in 2 month. To be honest, I enjoy trading in this broker because their platform and trading system are easy to use even though their minimum account size to much $1000. But I have a bad withdraw experience since December until last week, that I was not able to get the bonus or profit and the broker just said they had technical difficulties. I have much withdrawal request but the processing is delay compared to their terms and conditions. They only told me that they will process it from December but they never did. It is almost 2 months and I am disappointed with them and I regret join trading here!
Author of Gerchik & Co: jamel | Date 2017-12-04
I already closed my trading account with them due to some problem I encountered while placing and closing an order. For example, during the US election, I held my position for two days with a trading volume of 150 USD and guess what, my order for USD/JPY was closed without my knowledge. When I requested for a compensation, they instantly refused my request. How could they do that to me? I was one of their loyal clients and yet, they treat me like a trash. That was the reason why I decided to pullout all my funds. And the most painful thing was I got my money after one month of waiting. They kept me waiting until I threatened them to file a complaint against them here in my country.
Author of Gerchik & Co: fxajussi | Date 2017-10-30
I started trading with Gerchik & Co in last August because my friend invite me. During that time I feel satisfaction with their trading conditions and platform system. I opened a real account and deposited $1000. After deposit I got 30% bonus and 15% profit. It's also make me happy because they only set 0.1 lot as a minimum lot size and 0 spreads until one day I had a problem with the funds in the account and wasn't able to withdraw all my profit and neither to trade whit that money. I send an email to their support, but the support did not reply my e-mails and after a long time I got my account was empty. I call the technical support but they are unable to tell me the reason. To be honest, they are the first broker that I trust to trade my money. But now I will close my account and left my money for this scam broker. You are better looking for the other broker, which totally good at first and then, not only in the first time.
Author of Gerchik & Co: pipatanyan | Date 2017-10-20
I joined Gerchik & Co last year because I like their platform and there are many contests they held. I currently play monthly contest and I hope some day I win it. I trade mainly currency USD/JPY, EUR/USD and EUR/GBP on the MetraTrader 4 platform, the execution is fast and the prices are real. The account funding was instant. I remembered, the money was credited to my account in less than 24 hours. Overall this broker honest and very reliable.
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