Up
Rating
Forex Broker
0
Brokers
0
Reviews

GCM review

GCM


On-line since: 2012
Country of origin: Turkey
Regulation: SPK
Payment options: wire transfer, payment cards
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: 1:100
Spreads: from 2 pips

About the company:

Turkish broker GCM Forex was established in 2012. The company’s headquarters are located in Istanbul.

GCM Forex is one of the leading brokers in Asia. The company has its representative offices in Russia and several Asian countries.

The number of its clients exceeds 50,000 people. In addition to currency pairs, clients have an opportunity to trade stocks of major European and Asian companies, CFDs, options, futures, commodities, and precious metals.

The broker offers two types of trading platforms,  MetaTrader 4 and Leverate Web Trader, which is an optimized version of MT4.

In order to win new clients, GCM Forex has developed a special affiliate program. A registered partner receives a bonus equal to the percentage of the first deposit made by each referred client.

GCM 4/10 (votes 1732)
Author of GCM: Berlian | Date 2021-11-17
The broker could not provide information on the news analysis. Signal is always problematic. System is very bad. Existing programs are also very not suitable. High spreads, many requotes and slippages. Not good. Besides, leverage is very low, I can not do aggressive trading. I kept losing my trades because my order would either be not executed, or the platform would suddenly crash at a crucial moment. I had two times negative slippage and some positions closed during the night with a loss of $350 and the client support wasn't able to help me with that. The broker hasn't transparent policy.
0
0
Author of GCM: Mthandeki | Date 2021-09-02
I preferred to deal with Binary Options with the GCM market. Although they have some unique features. As their reports chart, where I can evaluate all of my previous actions. Which is so helpful for me to make a profitable strategy. Besides their platform has fast execution and I can see all technical or fundamental analyses on it. Also, I feel safe to trade with them, as GCM is a regulated, binary broker. Till now I can gain $1.5k and withdrawal $750 via Moneybookers. So I am really happy with the GCM market.
0
0
Author of GCM: Taopo | Date 2021-06-23
Upon making my deposit at GCM, the money was not reflected to my trading account right away. I had to wait for more than a week before the company showed it on my account. Because of that, I also was not able to make any trade. I complained about it and they only said that it is how the system works.
0
0
Author of GCM: Simon | Date 2020-10-23
Most of their clients comment negatively about their performance and are not satisfied with the spreads experienced. I also experienced this. Not only lost connection, but I also experienced cancellation of my profit. They also do not explain the cause in detail. So that it raises my suspicions about this broker. After half year, I started to feel suspicious since spread too high and there was a hidden commission. Platform sometime freezing and trading execution was not smooth. I really hope to generate more profit and currently still looking for a better broker.
0
0
Author of GCM: Sidik | Date 2020-07-20
I like the online support of GCM because its reply is quick and your every problem will be solved within time and quickly. This broker always update news and information, tell the trading condition with his client. every month they offer new packages are which are attractive and good.
0
0
Author of GCM: Dan Flan | Date 2020-05-18
I have preferred to deal with Binary Options with the GCM market. Although they have some unique features. As their reports chart, where I can evaluate all of my previous actions. Which is so helpful for me to make a profitable strategy. Beside their platform has fast execution and I can see all technical or fundamental analysis on it. Also, I feel safe to trade with them, as GCM is a regulated, binary broker. Till now I can gain $1.5k and withdrawal $750 via Moneybookers. So I am really happy with the GCM market.
0
0
Author of GCM: dahlan | Date 2020-04-15
I began to trade with a low deposit of $100, but this wasn't an impediment to get bonuses and other promotions. The managers from customer support are really nice and explained me every detail of the broker, as well as all services they have. Also, for my first deposit, I received a bonus of $80 totally for free and with no restrictions.
0
0
Author of GCM: Dion | Date 2020-01-10
I love trading options, as well as I love trading on forex so this broker is the perfect fit for me. They offer great trading conditions, and have many instruments available on their system. I also enjoy how fast everything works and the nice flow between departments. I highly recommend trading with GCM broker. So far I can trade without any error occurred and I can generate profit from the platform that they provide around 500-1000 USD per month. Their deposit and withdrawal also fast which less than 7 hours for deposit and less than 2 days for withdrawal transaction.
0
0
Author of GCM: Rico | Date 2019-11-13
I am most impressed by the trading platform of GCM. They have an advanced charting tool and the executions are always done smoothly. Also, their payment system is secured and fast. I use my bank card to do the deposit and withdrawals and the fund is always credited within the estimated time frame. Customer support is also dependable.
1
0
Author of GCM: Wadina | Date 2019-10-08
I have been trading with GCM for 11 months, I never faced the system problem. . I am impressed by their Trading MT4 platform. No, stop hunting, no manipulation, and its execution seeped is two time faster than MT4 platform. Start with GCM with $250 and until now I withdraw profit 5 times. My last profit withdrawal was end of the last year of $100 through Wire transfer and I got my money within 2 hours. I will stay with them.
0
0
Show more

Add comment
Text:
Brokers Reviews

RECOMMENDED BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000

Forex charts and quotes





Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!