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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: Dosma | Date 2020-06-18
I have just received my withdrawal request of $1500 which I just started using to trade, I am planning to fund my account by next week. I recommend this broker. I was surprised that they quickly check documents for verification, withdraw funds quickly, the profit is also output without problems, I like their client service, because it is convenient and understandable. Now I'm trading for 1 year and very happy that I joined Gerchik co.
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Author of Gerchik & Co: DieFeile | Date 2020-05-14
I can't be dealing with Gerchik & Co platform due to the server error or freeze. So I have trade by the MT4 Mobile (XOGEE) platform in a Platinum account. While it is simple and funny too. I had made a withdrawal request of $4K via wire transfer, but that withdrawal request has been canceled. So I am worried about $10k investment with Gerchik & Co broker.
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Author of Gerchik & Co: Matthew | Date 2020-04-13
Gerchik Co has high spreads, slow executions, unstable trading platform, and delayed withdrawal system.They really need a long time to process my withdrawal request. I wonder what made the process that long. In addition, they also have other commission that is not fair. they do not paid me my affiliate commission over $870. In addition, I got requotes in more than 50% of my trades.
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Author of Gerchik & Co: Willson | Date 2020-03-13
They really help me in all my trading, they are very nice and professional. All the payment options of this broker are reliable and pretty affordable. They never failed to provide innovative trading services to clients. I can make my daily trading without facing any problem, spreads are really tight and I can withdraw my earnings by several payment methods, all of them very efficient. I start trading there using their bonus, and make profit around $550 just in 25 days.
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Author of Gerchik & Co: Binewaz | Date 2020-01-23
Gerchik & Co is an honest company. So far, this is the best Forex broker that I have tried. Other brokers have problematic trading platforms or high trading cost. But with this broker, their platform can handle high volatility and also has reasonable trading cost. They also have a very attractive website design which for me is important as it serves as the face of the company.
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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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