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GCM Forex Reviews and User Ratings

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  • Information
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GCM Forex General Information


Broker Name
GCM Forex
Established
2011
Country
Turkey
Min Deposit
$100
Max Leverage
1:100
Regulation
FSC, CMB
Email
bilgi@gcmforex.com
Telephone
+90 212 345 0 426
Fax
+90 212 345 04 02
Website Language
English, Turkish
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer

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Description


GCM Forex Background

Gallant Capital Markets or GCM Forex is an STP Forex broker which offers investors with an opportunity to trade in Forex, CFDs, Commodities, Oil, Gold and Stocks. The company has its headquarters in the British Virgin Islands and has been in business since 2008. GCM Forex is regulated by the Financial Services Commission (FSC) and the Securities and Investment Business Act (SIBA).

Features of GCM Forex

  • All the account types in GCM Forex run on the famous MetaTrader4 trading platform. One impressive feature with the platform that makes GCM Forex to stand out from the rest is the MYFX console which enables traders to carry out one-click executions. In addition to the standard MT4 platform, GCM Forex also offers MT5 and Tradency or Mirror Trader for individuals who would like to copy other traders or get some help.
  • The GCM Forex platform equips the traders with advanced charting tools, instant scripts and Expert Advisors (EAs) which improves their trading capabilities and speed a great deal.
  • In addition to a Demo account which comes loaded with $50,000, GCM Forex offers traders with three other account types which can all be funded with different currencies including USD, JPY, CAD, EUR, GBP, CHF, AUD and HKD.

Upon visiting the GCM Forex website for the first time, one gets the impression of an STP Forex broker with a lot to offer. In spite of the website’s simplicity, it is loaded with a whole range of helpful resources necessary for one to get started with Forex trading hassle-free.

Conclusion

GCM Forex is a good place for any trader seeking for an STP trading integrated with the popular MetaTrader4 platform. Its user-friendly interface enhances nice trading experiences for traders, right from the start.

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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


GCM Forex offers clients with efficient support through live chat, phone and email. The live chat service is available 24/5 and response to emails is relatively fast. The representatives are quite knowledgeable and responsive.

PROS:
  • Traders can practice with the GCM Forex’s free Demo account without risking their money before making up the mind to open a live account.
  • Quite competitive spreads.
  • One-click trading with the aid of MYFX.
  • Registering and setting up an account with GCM Forex is fast and easy.
CONS:
  • GCM Forex does not support payment through PayPal.
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Account Type


  • Minimum Account Size: $100
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: MT4, Web Trader, Mobile Trader

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GCM Forex Review Score


GCM Forex Reviews and User Ratings
8.4 Total Score
5 reviews
Add your review
Web Design
8.6
Reliability
8.6
Platform
8.4
Customer Support
8.4
Withdrawal
8.2
Broker Name
GCM Forex
Established
2011
Country
Turkey
Min Deposit
$100
Max Leverage
1:100
Regulation
FSC, CMB
Email
bilgi@gcmforex.com
Telephone
+90 212 345 0 426
Fax
+90 212 345 04 02
Website Language
English, Turkish
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
GCM Forex Reviews and User Ratings
8.4 Total Score
5 reviews
Add your review
Web Design
8.6
Reliability
8.6
Platform
8.4
Customer Support
8.4
Withdrawal
8.2

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    DandySoFancy
    May 18, 2016 at 6:21 pm
    4.8
    Web Design
    90
    Reliability
    90
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    What gives GCM Forex an edge over all the other brokers that I have worked with is the fact that they always provide Daily Market Analysis and Real-Time Financial Data to ensure that all their traders are making informed decisions when they go on to make their trades. They basically spoon feed the information and keep their traders from fending for themselves.

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  2. Reply
    Maria Charlotte
    October 5, 2015 at 7:37 pm
    3.1
    Web Design
    70
    Reliability
    70
    Platform
    70
    Customer Support
    60
    Withdrawal
    40

    I honestly like GCM Forex in terms of their services and the reliability and stability of their trading platforms. Sadly, I am thinking of moving on to another broker that supports multiple payment methods. I mean seriously, would it kill them to add PayPal or even Credit Card Support for their withdrawal and deposit processing.

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  3. Reply
    MorningBiotches
    July 21, 2015 at 9:50 am
    4.5
    Web Design
    90
    Reliability
    90
    Platform
    90
    Customer Support
    90
    Withdrawal
    90

    One of the things that any trader wants to hear is tight fixed spreads, and the moment my friend recommended GCM Forex to me, I immediately fell in love. Their versatile trading platforms and their excellent customer support, paired with tight fixed spreads just made them trader heaven for me!

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  4. Reply
    Wendy Rogers
    June 17, 2015 at 9:00 pm
    4
    Web Design
    80
    Reliability
    80
    Platform
    70
    Customer Support
    80
    Withdrawal
    90

    I actually find GCM Forex to be quite interesting and a bit lacking at the same time. The fact that they have multiple trading platforms that each has their own edge is a good point about them. Problem is their customer support only speaks two languages and that is quite hard for me because I am good with written English but my Spoken English is just terrible.

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  5. Reply
    kadeIsAGod
    March 5, 2015 at 9:22 pm
    4.7
    Web Design
    100
    Reliability
    100
    Platform
    90
    Customer Support
    90
    Withdrawal
    90

    One of the things that created a rift between me and previous broker was the fact that they did not allow scalping in trades and that’s why I moved on and that’s how I found myself the perfect broker for me. GCM Forex not only has substantially better performance compared to my previous broker, they also allow scalping which is just a big win for me.

    Helpful(0) Unhelpful(0)You have already voted this

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