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Score

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/10

GCMASIA

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|High potential risk|

https://www.gcmasia.my/en

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

GCMAsia-Demo01

Germany
MT4
2

Influence

B

Influence index NO.1

Malaysia 8.21

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
GCMAsia-Demo01 MT4
Server Location Germany

Influence

Influence

B

Influence index NO.1

Malaysia 8.21

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 800-81-9796
cs@gcmasia.com
https://www.gcmasia.my/en
Michelin House, 81 Fulham Road, London. SW3 6RD.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
GCMASIA
GCM

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 609970) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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GCMASIA · Company Summary

General Information & Regulation

GCMASIA works in partnership with Fortrade, promoting their services and platforms in the Asian region. Fortrade is the trading name of Fortrade Ltd, Fortrade Mauritius Ltd., and Fort Securities Australia Pty Ltd. GCMASIA is a suspiciously regulated online forex and CFD broker registered in the UK that claims to provide its clients with over 300 global instruments commission-free on the GCMAsia pro, MetaTrader4 and Web Trader trading platforms, as well as 24/5 customer support service.

General

Market Instruments

GCMASIA advertises that it offers access to more than 300 trading instruments across six asset classes in global financial instruments, including forex, stocks, indices, precious metals, commodities and treasuries.

Market

Account Types

Apart from demo accounts with 100,000 virtual funds and unlimited time, there are three real trading accounts offered by GCMASIA, namely Standard, Swap-free (Islamic) and VIP. The broker didnt directly reveal any information about the minimum initial deposit requirement to open an account. However, for traders whose investment amounts to $100,000, they can be given a VIP account.

Commissions

GCMASIA claims that all charging no commissions.

Trading Platform Available

Platforms available for trading at GCMASIA are GCMAsia pro, MetaTrader4 and Web Trader, compatible with Windows, the Web, Android and iOS. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Trading Tools

GCMASIA also mentions four different calculators on its official site, consisting of Currency Calculator, Pip Calculator, Swap Rates Calculator and Margin Calculator, whose interfaces look clear and easy to calculate.

Trading
Trading

Deposit & Withdrawal

GCMASIA states that payment options may vary by country or region. In particular, the available deposit payments in China are credit/debit cards (China Union), WeChat pay and Alipay; the available options in Malaysia are FPX payment and online banking; and the international payments are credit/debit cards (Visa, Master, AMEX), BitPay, Neteller, Skrill and wire transfers. The broker says that the funds sent by wire transfers will usually be credited to your account within 7 business days.

Bonuses

GCMASIA advertises on its home page that sign up and deposit and then get a 100% bonus. And the deposit bonus is up to 40% of the first-time deposit. However, we cannot be sure if the bonus is available without any condition.

Customer Support

GCMASIAs customer support can be reached by telephone (toll-free): +1-800-81-9796 (Malaysia), 400-120-0257 (China), 62-212-7899-369 (Indonesia), email: cs@gcmasia.com, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Facebook and Instagram. Company address: Michelin House, 81 Fulham Road, London. SW3 6RD.

Broker Information

Company Name

Fortrade Ltd

Company Abbreviation

GCMASIA

Regulatory Status

Suspicious Clone

Platform registered country and region

United Kingdom

Company website
Phone of the company
  • +1 800-81-9796

  • +62 212-7899-369

Twitter

--

Facebook
Instagram
YouTube

--

Company address
  • Michelin House, 81 Fulham Road, London. SW3 6RD.

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • cs@gcmasia.com

Company Summary

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