On-line since:
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GCG Trading is an online trading platform and professional currency dealer that offers clients profitable and fast quotes.
GCG Trading primarily works with the Australian and US markets. There is no information about the foundation date and the main strategy of the broker.
Trading conditions
GCG Trading offers its clients various trading instruments: currency pairs, crude oil, metals, and indices. The full list can be found on the broker’s website with a description of the main advantages of each trading instrument.
The broker gives its clients a choice of three account types. After studying trading conditions for retail traders, we have come to the conclusion that the company cooperates mainly with savvy investors. The initial deposit is $1,000. The company offers the following account types: Standard, Professional, and EDGE.
On the company's website, you can find the Education section where different training materials are available. Apart from New to Forex and Trading Basics subsections, there are some with both fundamental and technical analysis, as well as a very useful glossary.
Trading platforms
The broker provides access to the most popular trading platform - MetaTrader 4.
Support service
If you need to contact the support team, there are several ways to do this. Depending on the request, the client can contact the customer service via email, instant chat, and phone. The support service is available 24 hours a day from Monday to Friday.
Deposit and withdrawal of funds
There are several options for depositing and withdrawing funds: MasterCard, Visa, wire transfers, as well as POliPay, UnionPay, PayPal, FasaPay, and BPay electronic payment systems.
Feedback
Unfortunately, there are only a few reviews about the broker on the Internet.
Advantages and disadvantages
Pros:
- large array of trading instruments
- cutting-edge trading platform
- well-developed training section
Cons:
- lack of information about the regulatory authority and license
- high initial deposit
- no demo account
- no bonus programs
Conclusion
It appears that newcomers are unlikely to cooperate with GCG Trading taking into account such a high minimum deposit ($1,000). At the same time, experienced traders will not invest their funds to companies with a dubious reputation. What is more, we were unable to find information about the regulatory authority. It significantly lowers the profile of the company and scares off potential clients.
