GCG Markets

WikiFX | 2024-11-29 18:25

Abstract：Founded in 2023, GCG Markets is an unregulated forex broker registered in the United States, offering forex trading with leverage up to 1:1000 and spread from 1.1 pips on the Standard account via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is only $15.

GCG Markets Review Summary
Founded	2023
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments	Forex
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1.1 pips (Standard account)
Trading Platform	MT4
Min Deposit	$15
Customer Support	Email: support@gcgmarkets.com
	X: https://twitter.com/GcgMarkets_LTD
	Facebook: https://www.facebook.com/profile.php?id=61550496171142
	Instagram: https://www.instagram.com/gcgmarketsofficial/?hl=en
	YouTube: https://www.youtube.com/@GCGMarketsTubeChannel/featured

Overview of GCG Markets

Founded in 2023, GCG Markets is an unregulated forex broker registered in the United States, offering forex trading with leverage up to 1:1000 and spread from 1.1 pips on the Standard account via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is only $15.

Pros & Cons

Pros	Cons
Demo accounts	Inaccessible website
Multiple account types	Unregulated
Flexible leverage ratios	Limited trading asset classes
Commission-free accounts offered	Unknown payment methods
MT4 supported
Low minimum deposit

Is GCG Markets Legit?

No, GCG Markets currently has no valid regulations. This lack of recognized regulation poses significant risks for investors and traders who may consider engaging with GCG Markets for financial services.

Account Types

Account Type	Min Deposit
Standard	$15
Cent	$15
ECN	$200

Leverage

Account Type	Max Leverage
Standard	1:1000
Cent	1:1000
ECN	1:200

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Account Type	Spread	Commission
Standard	From 1.1 pips	❌
Cent	From 1.1 pips	❌
ECN	From 0 pips	USD 5

Trading Platform

The trading platform offered by GCG Markets is MetaTrader 4, commonly known as MT4. MT4 is renowned for being one of the most popular and widely utilized trading platforms in the world, particularly favored by forex traders for its robust features and user-friendly interface.

It provides a comprehensive suite of tools and resources, including advanced charting capabilities, a wide range of technical indicators, and automated trading options through Expert Advisors (EAs).