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GCG Markets

United States|1-2 years|
Suspicious Scope of Business|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|


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Company Name

GCG Markets

Company Abbreviation

GCG Markets

Platform registered country and region

United States

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Warning: Low score, please stay away! 4
Previous Detection : 2024-06-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0558080) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0558080)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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GCG Markets · Company Summary

Aspect Information
Company Name GCG Markets
Registered Country/Area United States
Founded Year 2023
Regulation Unauthorized
Minimum Deposit $15
Products Forex,forex set
Account Types: Standard account,Cent account,ECN account
Leverage Top to 1:1000
Spreads&Commissions Commissions:from 0~$5.Speads:As low as 1.1 pip
Trading Platform MT4 platform
Demo Account Available
Customer Support,Social media:
Educational Resources Economic calendar,forex trading introduction

Overview of GCG Markets

GCG Markets, founded in 2023 and based in the United States, operates as an unauthorized financial services provider, offering a range of market instruments including Forex and forex sets. The company requires a minimum deposit of $15 and offers leverage up to 1:1000.

Their trading platform is the MT4 platform, and they also provide a demo account for practice. GCG Markets charges commissions ranging from 0 to $5 and offers spreads as low as 1.1 pip.

For customer support, they can be contacted via email at and have a social media presence on Facebook.

Additionally, they offer educational resources like an economic calendar and an introduction to forex trading. However, it's important to note that the company is not regulated, which may pose risks to investors.

Overview of GCG Markets

Is GCG Markets Legit or a Scam?

GCG Markets is currently listed as an unauthorized entity by the National Futures Association(NFA).

Although it claims to hold a Common Financial Service License in the United States, its status is not verified or regulated by any recognized financial regulatory body.

The company uses the license number 0558080, but this does not confer any official regulatory status or compliance with standard financial regulations.

This lack of recognized regulation poses significant risks for investors and traders who may consider engaging with GCG Markets for financial services.

Is GCG Markets Legit or a Scam?

Pros and Cons

Pros Cons
Advanced Security Measures Unregulated
24/7 Customer Support High Minimum Deposit
Firm Regulation under IFSC Limited Information on Trading Platform
Next-Generation Trading Platform Variable Spreads
Customizable Interface Customer Support Limitations

Pros of GCG Markets:

  1. Rich Market Instruments: Offers a range of trading options including Forex and forex sets, meeting traders' varied interests.

  2. Low Minimum Deposit: The $15 minimum deposit makes it accessible for individuals with smaller capital to start trading.

  3. High Leverage Options: With leverage up to 1:1000, traders have the potential for larger gains from small price movements.

  4. Trading Platform: Utilization of the MT4 platform, which is widely recognized and user-friendly for traders.

  5. Educational Resources: Provides resources like an economic calendar and forex trading introduction, which are beneficial for new traders.

Cons of GCG Markets:

  1. Unauthorized and Unregulated: The lack of regulation by any recognized financial authority such as the National Futures Association raises serious concerns about its legitimacy and safety.

  2. Risk of High Leverage: While high leverage can amplify profits, it also significantly increases the risk of substantial losses.

  3. Limited Customer Support Options: Customer support seems restricted to email and social media, which may not be sufficient for urgent or complex issues.

  4. Questionable License Status: The claim of holding a Common Financial Service License in the US is not verified, casting doubts on its legal standing.

  5. Potential Financial Risk: Investing in an unregulated firm like GCG Markets carries a high risk of financial loss due to potential operational malpractices or fraud.


GCG Markets offers a variety of market instruments, particularly in the realm of Forex trading. Here are some specific details:

  1. Forex Pairs: This includes major currency pairs like EUR/USD, GBP/USD, USD/JPY, and AUD/USD, which are commonly traded in the Forex market. Additionally, they will offer trading in minor and exotic pairs such as EUR/JPY, GBP/JPY, and USD/ZAR.

  2. Forex Sets: These could refer to a group or basket of currencies that can be traded as a set. This includes sets like European currencies (Euro, British Pound, Swiss Franc), Asian currencies (Japanese Yen, Australian Dollar, Singapore Dollar), or other regional groupings.


Account Types

GCG Markets offers three distinct account types, each tailored to different levels of trading experience and investment capabilities:

  1. Standard Account: This account requires a minimum deposit of $15 and offers high leverage of 1:1000. It's a swap-free account with low spreads, suitable for most traders. Automated trading via Expert Advisors (EAs) is allowed.

  2. Cent Account: Similar to the Standard Account, it has a $15 minimum deposit and 1:1000 leverage, but with a maximum limit of 200 open positions. This swap-free account also features low spreads and supports EAs.

  3. ECN Account: Aimed at experienced traders, this account requires a $200 minimum deposit and offers lower leverage of 1:200. It features low commissions of USD 5, true intrabank liquidity, and allows the use of EAs.

Account Types

How to Open an Account?

Opening an account with GCG Markets involves a straightforward, three-step process designed for quick and easy setup, allowing you to start trading in a minimal amount of time. Here's how you can do it:

  1. Sign Up: The first step is to sign up by entering your basic details. This initial process initiates your account creation, and you'll typically need to provide information such as your name, contact details, and possibly some identification for verification purposes.

  2. Deposit: Once your signup is complete, the next step is to make a deposit into your new trading account. GCG Markets requires a minimum deposit of just $15, which makes it accessible for those starting with a smaller amount of capital.

  3. Trade: After completing your deposit, you are all set to start trading. You can dive into their platform to explore and begin your trading journey. This step involves engaging with the market instruments they offer, like forex pairs or forex sets, using the tools and resources available on the platform.

How to Open an Account?

Spreads & Commissions


  • Standard Account and Cent Account: No specific commission charges are mentioned for these accounts.

  • ECN Account: Charges a commission of USD 5.


  • Standard Account and Cent Account: Spreads are as low as 1.1 pip.

  • ECN Account: Also offers spreads starting from 1.1 pip, with the potential for tighter spreads due to true intrabank liquidity.

Spreads & Commissions


The leverage offered by GCG Markets varies depending on the account type:

  • Standard Account and Cent Account: Both these accounts offer a high leverage of up to 1:1000. This allows traders to control a large position with a relatively small amount of capital.

  • ECN Account: This account provides a lower leverage of up to 1:200, which is more aligned with the needs of experienced traders and those engaging in high-volume trading.

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).

The platform's reliability and flexibility make it a top choice for both novice and experienced traders. GCG Markets provides the option for users to download the MT4 platform, enabling them to engage in forex trading and access various market instruments through this esteemed and versatile trading environment.

Trading Platform

Deposit & Withdrawal

The minimum deposit required by GCG Markets varies depending on the account type:

  • Standard Account and Cent Account: Both these accounts require a minimum deposit of $15, making them accessible to a wide range of traders, including those starting with a smaller capital.

  • ECN Account: This account requires a higher minimum deposit of $200, satisfying more experienced traders or those looking to engage in higher volume trading.

Customer Support

GCG Markets offers customer support primarily through email, with their support team reachable at

Additionally, they maintain a presence on social media, providing an alternative avenue for customer interaction and support.

Their Facebook page can be accessed for updates and possibly for reaching out with inquiries or concerns. This combination of email and social media channels aims to provide a responsive and accessible customer service experience.

Customer Support

Educational Resources

GCG Markets provides educational resources to assist traders in understanding and navigating the Forex market effectively. One of the key educational tools offered is the Economic Calendar. This resource is essential for traders to keep track of economic data releases and events that can significantly influence currency pair movements, including cross pairs.

Additionally, they offer detailed insights into various aspects of Forex trading, such as:

  1. Cross Pair in Forex Trading: Traders can learn about cross currency pairs, which are pairs that do not include the US Dollar (USD). The educational content covers basic definitions, major cross pairs like EUR/GBP and EUR/JPY, factors influencing cross pairs including economic indicators and political events, and considerations like spreads and liquidity.

Educational Resources
  1. Spread in Forex Trading: This section likely explains the concept of spread - the difference between the bid and ask price in currency trading, and its importance in trading strategies.

Educational Resources
  1. Margin and Leverage in Forex Trading: These resources would cover how margin trading works and the use of leverage in Forex trading, helping traders understand how to manage risk and capital efficiently.

Educational Resources
  1. Equity in Forex Trading: Traders can learn about the concept of equity in Forex trading, which represents the value of a trader's account when all positions are closed.

Educational Resources
  1. Stop Out Level in Forex Trading: This part would explain what a stop out level is, its significance in managing trading risks, and how it functions in the Forex market.

Educational Resources

These educational offerings are designed to attract a range of traders, from beginners to more experienced individuals, providing them with valuable insights and knowledge to enhance their trading experience.


GCG Markets' educational resources, particularly the Economic Calendar, provide traders with a comprehensive understanding of key aspects of Forex trading.

This includes detailed insights into cross pairs, spreads, margin and leverage, equity, and stop-out levels. These resources are crucial for both novice and experienced traders, offering a deeper understanding of market dynamics, risk management, and strategic trading decisions.

This educational support, combined with their trading platform and account options, positions GCG Markets as a resourceful entity for those looking to navigate the Forex market, although their unregulated status warrants caution.


Q: Is GCG Markets regulated?

A: No, GCG Markets is not regulated. It is listed as unauthorized by the National Futures Association and lacks regulation from any recognized financial regulatory body.

Q: What trading platform does GCG Markets use?

A: GCG Markets utilizes the MetaTrader 4 (MT4) platform, known for its user-friendly interface and comprehensive trading tools, particularly popular in Forex trading.

Q: What types of accounts do GCG Markets offer?

A: GCG Markets offers three account types: Standard Account, Cent Account, and ECN Account. Each type has distinct features, including varying minimum deposit requirements, leverage options, and commission structures.

Q: What is the minimum deposit required at GCG Markets?

A: The minimum deposit is $15 for Standard and Cent Accounts and $200 for the ECN Account.

Q: How can I contact GCG Markets for support?

A: Customer support for GCG Markets is available via email at They also maintain a presence on Facebook for additional communication and support.

Q: Does GCG Markets offer educational resources?

A: Yes, GCG Markets provides various educational resources, including an Economic Calendar and in-depth information on Forex trading aspects such as cross pairs, spreads, margin, leverage, equity, and stop-out levels.

User Reviews

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more than one year
The execution, spreads and graphics are good enough for anyone to trade the markets. No real issues! They keep pace with developments in the industry to keep traders ahead of the game!
2024-05-08 17:23
ちゃん 1
more than one year
I received a prompt response to my inquiry from GCG Markets. They provided clear advice, and my issue was resolved within a day. Appreciate the quick assistance.
2024-01-08 01:14


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