GCM ASIA LTD-Overview of Minimum Deposit, Spreads & Leverage

General information & Regulation

GCM ASIA LTD is a partner of Fortrade and is responsible for promoting Fortrade's services and trading platform in Asia. Fortrade is the brand name of Fortrade Limited, Fort Securities BLR, and Fort Securities Australia Pty Ltd. GCM ASIA is not subject to any regulation at this stage, so traders are not advised to trade with this broker in case of fund losses.

Market Instruments

At GCM ASIA LTD, investors can trade over 300 financial instruments, including foreign exchange currency pairs, bonds, precious metals, futures, and more.

Minimum Deposit

GCM ASIA provides all investors with a trading account. In regard to the minimum initial deposit involved, this broker requires traders to fund at least $100 to open a live account.

GCM ASIA Leverage

Leverage is up to 1:100 for Forex currency pairs, 1:50 for major indices, 1:10 for EU stocks and U.S. stocks, 1:100 for gold, 1:20 to 1:50 for commodities other than gold, and 1:20 for U.S.

Spreads & Commissions

The average spread offered by GCM ASIA LTD is 2.5 pips for EURUSD, €2.5 for German 30 Index, $0.50 for XAUUSD, and $0.0080 for Natural Gas. The nightly spread for gold is 100 pips and for silver is 80 pips.

Trading Platforms

Surprisingly, GCM ASIA LTD offers traders two trading platforms, the world-renowned and popular MT4 trading platform and its in-house developed CCMAsia Pro trading platform (supporting both mobile and web versions).

Deposit & Withdrawal

GCM ASIA LTD offers deposit methods for investors from different countries. Investors from China can fund their accounts via credit/debit card, WeChat payment, Alipay. Malaysian clients can fund their accounts through FPX Payment, Online Banking, and international clients can fund their accounts via VISA/MasterCard/AMEX, Bitcoin, Neteller, Skrill, Bank Wire.