Score

2.17 /10
Danger

GCC BROKERS

Mauritius

5-10 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.24

Risk Management Index0.00

Software Index8.22

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GCC Brokers Limited

Company Abbreviation

GCC BROKERS

Platform registered country and region

Mauritius

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GCC BROKERS · Company summary
GCC BROKERS Review Summary
Founded2016
Registered Country/RegionMauritius
RegulationUnregulated
Market Instruments3,000+, Forex, Metals, Energies, Indices, Commodities, Cryptos, Shares
Demo Account
Islamic Account
LeverageUp to 1:1000
Spread1.1 pips (Standard account)
Trading PlatformMeta Trader 5
Min Deposit$25
Customer Support24/5 live chat
Tel: +971 4 447 4808, +971 4 549 0408
Email: cs@gccbrokers.com
LinkedIn, Twitter, Instagram, Facebook
Address: 20, Edith Cavell Street, Level 6 Ken Lee Building, Port Loui
Restricted RegionThe United States

GCC BROKERS was established in Mauritius in 2016 and is not regulated. It offers a variety of trading products and provides three types of accounts, including the option to open a virtual account. The maximum leverage offered is up to 1:1000, and the minimum deposit is $25. Trading is conducted through the MetaTrader 5 (MT5) platform.

GCC BROKERS homepage

Pros and Cons

Pros Cons
Multiple market instrumentsUnregulated
Demo accountsUS clients are not accepted
Multiple account types
Commission-free accounts offered
Tight spreads
Support MT5
Low minimum deposit
Popular payment options
24/5 live chat

Is GCC BROKERS Legit?

No, GCC BROKERS is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

No license
Domain information

What Can I Trade on GCC BROKERS?

Tradable Instruments Supported
Forex
Metals
Energies
Indices
Commodities
Cryptos
Shares
Bonds
Options
ETFs

Account Type/Leverage/Spread

GCC BROKERS offers three types of account options. It also offers demo accounts and Islamic accounts.

Account TypeStandardProRaw
Min Deposit$25$2,500$5,000
Max Leverage1:10001:15001:200
Spread1.1 pips0.7 pips0 pips
Commission
Account comparison

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5/Experienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

It supports payments via Bank Transfer, VISA, MasterCard, Bitcoin, Perfect Money (PM), Skrill, and NETELLER.

Payment options

User Reviews

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User comment

3

Comments

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FX1697596675
more than one year
I was contacted after opening a Demo account and was given answers to all questions I had about how it works, that might not be obvious from just experimenting with the demo account. Their representatives were patient and understanding and a great help to get me started. I Would recommend getting in touch for any questions before giving up very friendly.
I was contacted after opening a Demo account and was given answers to all questions I had about how it works, that might not be obvious from just experimenting with the demo account. Their representatives were patient and understanding and a great help to get me started. I Would recommend getting in touch for any questions before giving up very friendly.
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2024-06-21 10:20
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Elvis38652
more than one year
Frustrating experience with GCC BROKERS. First of all, I couldn't even find where to create an account on their website. After finally creating an account, I found their trading platform to be very confusing and lacking in detail. Whenever I had questions or concerns, I had to send them an email and wait several days for a response. Overall, the lack of transparency and slow customer service makes me hesitant to recommend this broker.
Frustrating experience with GCC BROKERS. First of all, I couldn't even find where to create an account on their website. After finally creating an account, I found their trading platform to be very confusing and lacking in detail. Whenever I had questions or concerns, I had to send them an email and wait several days for a response. Overall, the lack of transparency and slow customer service makes me hesitant to recommend this broker.
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2023-03-21 10:29
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