Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.46
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
Note: GCMAsia's official website: https://www.gcm-asia.com.cn/ is currently inaccessible normally.
| GCMAsiaReview Summary | |
| Founded | 2017 |
| Registered Country/Region | United Kingdom |
| Regulation | ASIC/FCA/NBRB (Suspicious Clone) |
| Market Instruments | 50+ forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more |
| Demo Account | / |
| Leverage | Up to 200:1 |
| Spread | / |
| Trading Platform | MT4, WebTrader |
| Min Deposit | $100 |
| Customer Support | Tel: +1-800-81-9796 |
| Email: cs@gcm-asia.com | |
| X: https://twitter.com/GcmAsia/?tg=SEO&tag1=GCMasia&tag2=GCMasia | |
| Facebook: https://www.facebook.com/GCMAsia.Trading.Platform/?tg=SEO&tag1=GCMasia&tag2=GCMasia | |
| Instagram: https://www.instagram.com/gcmasia/?tg=SEO&tag1=GCMasia&tag2=GCMasia | |
| Address: Michelin House, 81 Fulham Road, London. SW3 6RD | |
GCM Asia is a forex broker established in the United Kingdom in 2017, offering trading in 50+ forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more. It uses Metatrader 4 (MT4) and its proprietary GCMAsia Pro as trading platforms for PC, web, and mobile versions. The maximum leverage it offers is 1:200, and the minimum deposit required is $100.
| Pros | Cons |
| Diverse market instruments | Inaccessible website |
| MT4 platform | Suspicious clone licenses |
| Multiple payment options | Unclear fee structure |
| Social media support |
No, GCMAsia currently has no valid regulations. Their ASIC, FCA and NBRB licenses are all suspicious clones. Traders should carefully consider the risks it brings when choosing to trade with it.
| Regulatory Status | Suspicious Clone |
| Regulated by | Australia Securities & Investment Commission (ASIC) |
| Licensed Institution | FORT SECURITIES AUSTRALIA PTY. LTD. |
| Licensed Type | Market Making (MM) |
| Licensed Number | 493520 |
| Regulatory Status | Suspicious Clone |
| Regulated by | Financial Conduct Authority (FCA) |
| Licensed Institution | Fortrade Limited |
| Licensed Type | Market Making((MM) |
| Licensed Number | 609970 |
| Regulatory Status | Suspicious Clone |
| Regulated by | National Bank of the Republic of Belarus (NBRB) |
| Licensed Institution | Fort Securities BLR Limited Liability Company |
| Licensed Type | Retail Forex License |
| Licensed Number | 193075810 |
GCMAsia, in partnership with Fortrade Mauritius Ltd, offers over 50 forex currency pairs, stocks, indices, commodities, gold, silver, other metals, oil and more for your personal investment and trading options.
| Tradable Instruments | Supported |
| Forex currency pairs | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Oil | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
GCMAsia offers leverage up to 1:200, which can potentially bring high returns, but it also comes with high risks.
GCMAsia supports MT4 and WebTrader as trading platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
GCMAsia accpets payments via Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, American Express, BitPay, FPX Payment, Neteller, Online Bank Transfer, Skrill, UnionPay, and WeChatPay.
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2023-02-28 13:55
