GCM Review - Is This Broker Legit and Safe? - WikiFX

WikiFX | 2025-05-08 10:35

Resumo：GCM is an unregulated brokerage firm that offers trading in currency pairs, commodities, stock exchange indices, foreign stocks, and bonds and bills.

GCM Review Summary
Founded	2018
Registered Country/Region	Turkey
Regulation	No Regulation
Market Instruments	500+, Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills
Demo Account	✅($100,000 in virtual money)
Leverage	/
Spread	Low but not specified
Trading Platforms	GCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5
Minimum Deposit	/
Customer Support	24/5 support
	Contact form, live chat
	Facebook, X, YouTube, LinkedIn, Instagram
	Phone: +92 0212 345 0 426
	Fax: +90 (212) 345 04 02
	Email: bilgi@gcmyatirim.com.tr
	Address: Eski Büyükdere Cad. Park Plaza. No:14 Kat:14 Maslak Sarıyer / İstanbul - TÜRKİYE

GCM, founded in 2018 and registered in Turkey, is an unregulated brokerage firm that offers over 500 market instruments, including currency pairs, commodities, stock exchange indices, foreign stocks, and bonds and bills. It also provides multiple trading platforms such as GCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5. Moreover, GCM offers a Free Trial Account with $100,000 in virtual money and free training.

Pros and Cons

Pros	Cons
Demo accounts available	No regulation
A wide range of trading products	Limited info on accounts
Multiple customer support channels	Limited info on trading fees
MT4 & MT5 platform

Is GCM Legit?

At present, GCM lacks valid regulation. Its domain was registered on May 19, 2024, and the current status is “client Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on GCM?

On GCM, you can trade with more than 500 investment instruments like Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Bonds	✔
Bills	✔
Cryptocurrencies	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type

GCM provides a Free Trial Account and Real Investment Account for clients.

FREE TRIAL ACCOUNT:

$100,000 virtual money
Free trainings

REAL TRADING ACCOUNT:

Low spreads
A private investor representative

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
GCM MT4	✔	Desktop, iOS, Android	Beginners
GCM MT5	✔	Web, Desktop, iOS, Android	Experienced traders
GCM TRADER	✔	Web, iOS, Android	/
MATRIX TRADER	✔	Windows, Mobile	/
GCM STOCK TRADER	✔	Web, iOS, Android	Stock traders
OPTION TRADER	✔	iOS, Android	Option traders