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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 1714)
Author of Gerchik & Co: Ruri | Date 2020-01-08
The first trading results are very good. but after the second time, I experienced a slight loss. I lost $ 200 on my second trade. However, I still try to trade a third time. And I incur a greater loss than before, which is $ 600. They blame me for this incident. They even gave suggestions to increase my investment. but, I have decided to look for another broker. Money withdraw also big problem, they charged $25 wire transfer fee for $200 in last withdraw. So I am planning to switch from this broker.
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Author of Gerchik & Co: Terry | Date 2019-12-10
As a newbie in the Forex market, Gerchik support really helped me figure out some things like charts, platform, deposit and withdraw process. I opened an account with this broker 6 months ago and I enjoy the low spreads specially on the pairs I trade on a daily basis EUR/USD, USD/JPY, GBP/JPY, GBP/USD. My first deposit was made with Wire Transfer amount $760, which I lost almost every thing, and then deposited another $745. Since then I have only profit to withdraw no losses. My week profit is around $900. The platform works with fast execution, I don't have complains so I will recommend this broker.
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Author of Gerchik & Co: Homer | Date 2019-11-11
Gerchik & Co is really one of the most reputable Forex brokers in our country. They have already established their image and they live up to the expectations of their clients. However, I can't open an account with them because they have high required initial deposit. An average-earning person like me wouldn't be able to afford trading with them. I just hope they can also cater to smaller traders.
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Author of Gerchik & Co: OgriJiran | Date 2019-10-03
I am disappointed with Gerchik&Co;, where I had Invest $500 and traded last three months. But I have only experienced trouble in MT4 platform and slippage. Always my order executed within 5 minutes and I can't close a position without any delay. So I had almost 30 trades and I had lost $150. Besides I wasn't able to automated trading and unable to use in a mobile application. That's why I am unhappy with Gerchik&Co; and want to withdrawal all of my investment. But they rejected it and tried to convince me to stay with them.
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Author of Gerchik & Co: Uus | Date 2019-09-05
As a small time trader, I appreciate that Grechik & Co offers a $20 welcome bonus. I have been able to used it and actually made $30 from it. I am not a very skilled trader, so I only place small positions. I have been able to withdraw the profit I gained without any hassle. I've heard a lot of scary stories about other brokers declining withdrawal requests. With Vomma, I haven't experienced that thankfully. There's still room for improvement though especially on their trading platform. Sometimes it is slow to respond. But apart from that, every thing is great.
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Author of Gerchik & Co: Colien | Date 2019-06-07
I recommend Gerchik & Co to experienced and professional traders. If you want an outstanding trading experience with advanced tools and high quality platforms, then you should be trading with this broker. I have tried two other popular brokers but this one is the best. No issues with regards to the stability of the platform. It manages to withstand high volatility with little to no lags at all.
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Author of Gerchik & Co: Fatima | Date 2019-03-29
I started trading at Gerchik & Co in 2017. It's almost two years now and I don't really have much complaints about their services. They offer various options for account type although I must admit that the initial deposit is pretty high. For a mini account, you already need $500 to start. This didn't really bother me as I really planned to invest a big amount on this broker, but I just think that it becomes a disadvantage for new traders who want to start small. If anything, I would say that this broker is most suited to experienced traders.
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Author of Gerchik & Co: Fatima | Date 2019-03-29
I started trading at Gerchik & Co in 2017. It's almost two years now and I don't really have much complaints about their services. They offer various options for account type although I must admit that the initial deposit is pretty high. For a mini account, you already need $500 to start. This didn't really bother me as I really planned to invest a big amount on this broker, but I just think that it becomes a disadvantage for new traders who want to start small. If anything, I would say that this broker is most suited to experienced traders.
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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.
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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
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