Forex Broker

GCM review


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: 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.
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.
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.
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.
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.
Author of GCM: Yovel | Date 2019-04-02
I really enjoy trading at GCM. I don't need to look for market analysis from other sources because this broker already provides them. They have daily market review that is accessible for everyone and is free. They also stream financial data real time so it really is helpful. But what I like the most is that they allow scalping and they also have tight spreads.
Author of GCM: Azuma | Date 2018-10-25
I want to share my experience with GCM. This broker is the most honest and reliable broker among all the other brokers I have ever tried. Their services are really favorable to traders. They have a very stable platform that does not crash even on news releases. It remains stable and synchronized with the market no matter what the market volatility is. They also have fixed tight spreads. For a scalper like me who can't be at ease when leaving an open position for a long period of time, this tight spread is really a big help. I mean, even when I open and close trades frequently, I don't need to worry about wide spreads. I totally recommend this broker to other scalpers like me.
Author of GCM: trader gcmasia | Date 2018-01-13
My withdrawal since dec 2017 till now still not working, this broker is scam..idk how some of u can get ur fund back..my account manager not respond to me either the server also away from keyboard..
Author of GCM: tayyep | Date 2017-10-30
They required me verify my account after I requested to withdraw my small profits from commodities trading on the 24th day of October ( Gold and Brent Oil) amounting $32.25. And the scanned copy of my documents, such as passport and electric bill are approved in less than an hour. Yes, it was approved earlier than indicated time, and they credited my profit directly to my bank account. The money appeared in my bank account on Friday afternoon and was happy because despite of the shift back and fourth of the Gold rate, I still managed to sell Gold at a best price. Though, my profit was just a small amount, but it doesn't matter. Thanks to their seamless trading platform, where I didn't encounter any lags. Also, I connected to the nearest trading server in my country and it perfectly works. Now, I am planning to buy Silver & Crude Oil once the rate goes down and hold it for an hour.
Author of GCM: Trader_Quakina | Date 2017-09-06
I have worst experience with GCM Forex broker. Last week My EA placed a buy order GBP/ USD at their platform. it was a trade that was giving me a 116$ profit when I tried to close. But when I tried to closed this trade manually their servers hangs for 2 hours. But then the price started falling down and I lost an amount of 98$ with them due to their server problem. When I contacted with their live support they said it was closed normally by stoploss of my EA and had no problem. Unbelievable. I'm closing my account.
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