Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

GMCU

Australia|5-10 years|
Regulated in Australia|Investment Advisory License|Suspicious Overrun|Medium potential risk|

http://www.gmcu.com.au/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Australia 5.09

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+61 (03) 5821 9033
info@gmcu.com.au
http://www.gmcu.com.au/
91-95 Fryers Street SHEPPARTON VIC 3630

Licenses

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

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-03-01
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 241364)Investment Advisory Licence 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!

WikiFX Verification

Users who viewed GMCU also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FxPro

8.93
Score
15-20 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

GMCU · Company Summary

General Information & Regulation

Goulburn Murray Credit Union Cooperative Ltd (GMCU), headquartered in Shepperton, Australia, provides trading, savings, and investment accounts, secured and unsecured personal loans, commercial loans, residential mortgages through 10 branches in Victoria and currently employs approximately 80 people. GMCU is currently regulated by the Australian Securities and Investments Commission (ASIC) and holds an authorized investment advisory license, Regulation No. 241364, but this license is suspected to be over-qualified for operation.

Products & Services

The products and services offered by GMCU mainly include loans (personal loans, home loans, business loans), international services (cash passport cards, foreign exchange, money orders), digital wallets, AMIGO credit cards (with a minimum credit limit of $1,000 and annual fees as low as $49), insurance (home contents insurance, motor vehicle insurance, caravan and trailer insurance, travel insurance, boat insurance), etc.

Minimum Deposit

GMCU offers three types of account types, namely Transaction Account, Savings Account, and Time Deposit Account. Transaction accounts include My Everyday Account, My Business Account, Our Community Account, and My Connections Account. Savings accounts are divided into Christmas Saver Account, Online Saver Account, Cash Manager Account, Advantage Saver Account, and My Mortgage Offset Account. The Term Deposit Account includes the Monthly Income Deposit Account and the Fixed Deposit Account. The minimum deposit requirement is not fully disclosed on the GMCU website.

Payment Methods

GMCU supports traders to make payments through electronic payment. Using this payment method, if a payment is to be made to another GMCU account, purchased, or cashed using EFTPOS, the recipient will receive the payment immediately. If transferring funds outside of the GMCU or conducting a BPAY transfer (i.e., online banking, phone banking, or branch assistance), then the payment will be subject to an as-of-time limit. The second deposit method is check deposit. Funds deposited into a member's account by check will not be available until the clearing time expires, and a “special clearance” on the check may be required at the time of deposit, and the fee charged by the bank shall be deducted from the member's account.

Broker Information

Company Name

Goulburn Murray Credit Union Cooperative Ltd

Company Abbreviation

GMCU

Regulatory Status

Exceeded

Platform registered country and region

Australia

Company website
Phone of the company
  • +61 (03) 5821 9033

Twitter

--

Facebook
Instagram

--

YouTube

--

Company address
  • 91-95 Fryers Street SHEPPARTON VIC 3630

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@gmcu.com.au

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

A+
more than one year
I gotta be honest, my impression of GMCU isn't great. The customer service reps come off as arrogant and it takes forever for them to get back to you with an answer. It's a big turn-off for me and I don't really want to use their services if that's how they treat their clients. I think it's important to have good customer service, especially when it comes to something as important as trading.
2023-03-29 09:13
Reply
0
0
知秋92199
more than one year
When I try to get some information in GMCU I find that they tend to make the user look for the answer in the file...to be honest I don't like that. You can call me lazy. I think both documentation and consolidated concise information should be provided.
2023-03-09 17:10
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com