GGCC Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 14:23

Abstract：Founded in 2023, GGCC is an unregulated broker based in Saint Lucia. It claims to offer market instruments including Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, and Futures. While they attract traders with a low minimum deposit of $10 and high leverage options of up to 1:500, the absence of regulatory oversight remains a significant concern.

GGCC Review Summary
Founded	2023
Registered Country/Region	Saint Lucia
Regulation	Unregulated
Market Instruments	Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, Futures
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0 pips
Trading Platform	MT5
Min Deposit	$10
Customer Support	24/7 live chat, contact form
	Tel: +971 42686007
	Email: support@ggccfx.com
	Social Media: Facebook, Instagram, Linkedin, YouTube
	Registered Address: Ground Floor, The Sotheby Building Rodney Bay, Gros Islet Castries, Saint Lucia
	Address: M26, Gold Land Building Al Dhagaya, Deira, Dubai, UAE
Regional Restrictions	The United States, Cuba, Iraq, Myanmar, North Korea, Sudan

　　Founded in 2023, GGCC is an unregulated broker based in Saint Lucia. It claims to offer market instruments including Forex, Commodities, Stocks, Cryptocurrency, Indices, Shares, and Futures. While they attract traders with a low minimum deposit of $10 and high leverage options of up to 1:500, the absence of regulatory oversight remains a significant concern.

Pros and Cons

Pros	Cons
Various market instruments	Lack of regulation
Five account types	Regional restrictions
Demo accounts
Commission-free accounts offered
MT5 platform
Low minimum deposit requirement
Popular payment options
24/7 live chat
Multiple contact channels

Is GGCC Legit?

　　No, GGCC is entirely unregulated and poses risks for traders and investors. Please be aware of the risk!

What Can I Trade on GGCC?

Trading Asset	Available
forex	✔
commodities	✔
indices	✔
stocks/shares	✔
cryptocurrencies	✔
futures	✔
bonds	❌
options	❌
ETFs	❌

Account Type/Leverage/Fees

Account Type	Micro	Standard	Master	Foresight	Premium
Min Deposit	$10	$500	$2 000	$5 000	$30 000
Max Leverage	1:300	1:300	1:500	1:500	1:600
Spread	From 0 pips	From 0 pips	From 0.9 pips	From 1.8 pips	From 2.5 pips
Commission	❌	❌	❌	Low	❌
Swap Fee	❌	Low Swap Fee	❌	❌	❌
Trading Markets	Forex, Metals	Forex, Metals	Forex, Commodities, Crypto, Stocks, Indices	Forex, Commodities, Crypto, Stocks, Indices	Forex, Commodities, Crypto, Stocks, Indices