Note: 365GCC's official site - https://365gcc.io is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is 365GCC？
365GCC is an unregulated trading platform based in Luxembourg that offers its clients access to a comprehensive suite of financial instruments across various asset classes. It provides several account types with minimum deposit requirements to cater to different investor needs and styles. The platform also provides MT4 trading platforms and accepts multiple customer support channels for added convenience.
Pros & Cons
Pros:
Multiple Account Types: The platform offers diverse account types, including the Classic, Silver, Gold, Platinum, and VIP, catering to various trading needs and experience levels.
Cons:
No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.
Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability.
Is 365GCC Safe or Scam？
365GCC currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Account Types
Classic Account: This is the entry-level account requiring a $2,000 minimum initial investment. However, details such as spread and leverage are not provided, making it less transparent compared to competitors.
Silver Account: Requires a higher minimum deposit of $5,000. While bonuses are promised, they may seem too good to be true, suggesting potential skepticism about the benefits offered.
Gold Account: Requires a substantial investment of $10,000, but there's no apparent improvement in services compared to the lower-tier accounts.
Platinum Account: The minimum initial investment skyrockets to $30,000, with the main perk being advice from the company's representative. However, the credibility and reliability of these advisors are called into question.
VIP Account: The highest tier, requiring a minimum deposit of $100,000. Despite the significant investment, there are no discernible new benefits, leading to skepticism about its value.
Trading Platform
365GCC provides its clients with the renowned MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and powerful features. With MT4, traders can access a wide range of financial instruments, execute trades efficiently, and analyze market trends with advanced charting tools. The platform offers customizable indicators, automated trading capabilities, and real-time market data, empowering traders to make informed decisions and capitalize on trading opportunities.
Deposit & Withdrawal
Deposit Fees:
Withdrawal Fees:
Withdrawal fees vary depending on the withdrawal method:
Additionally, the company imposes a 10% fee on the withdrawal amount if the number of trades executed is fewer than 200. This means that even if a trader makes a profit on fewer trades, they will still have to pay a portion of those profits to the company.
Customer Service
365GCC provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Phone Number: +44-203-807-84-16
Email:compliance.en@365gcc.io
Address: 23, Rue Du Puits Romain, Bourmicht, 8070 Bertrange, Luxembourg
Conclusion
In conclusion, 365GCC offers diverse trading accounts to cater to different trading needs and allows trading with minimum deposit requirements. However, its unregulated status raises significant concerns about its safety and legitimacy. The lack of complete and transparent information about its trading assets, account details, and other service sections can hinder a trader's decision-making process.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2023-02-20 17:27
