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4.92 /10

Gerchik & Co


2-5 years

Regulated in Vanuatu

Retail Forex License

MT4/5 full license

Global Business

Medium potential risk

Offshore Regulatory


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License Index 3.05
Business Index 6.76
Risk Management Index 8.90
Software Index 7.62
Regulatory Index 3.02
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Contact number


8 800 333 27 54

Broker Information


Company Name

Gerchik& CO Limited

Company Abbreviation

Gerchik & Co

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WikiFX Risk Alerts
Previous Detection : 2023-06-03
  • The VanuatuVFSC regulation with license number: 40512 is an offshore regulation. Please be aware of the risk!

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Gerchik & Co · Company summary

General Information & Regulation

Founded in 2015, Gerchik & Co is an online trading broker that offers traders access to the markets using the STP execution model. Gerchik & Co Limited is authorized and regulated by the

Vanuatu Financial Services Commission (VFSC), with regulatory license number 40512.

Market Instruments

Financial instruments that traders can trade with Gerchik&Co, including 66 currency pairs, 279 CFDs on shares of top companies, 3 cryptocurrencies, 13 indices, 3 CFDs on raw materials 7 CFDs on metals.

Minimum Deposit

To meet investors of different levels' investment needs and trading experience, Gerchik&Co offers six different account types, mainly Starter Accounts (minimum deposit of $100), Mini Accounts (minimum deposit of $500), Simple Accounts (minimum deposit of $1000), Silver Accounts (minimum deposit of $10,000), Gold (minimum deposit of 25000 USD) and Platinum accounts (minimum deposit of 100000 USD).

Gerchik & Co Leverage

In terms of trading leverage, the maximum trading leverage offered by Gerchik & Co is up to 1:100. This leverage level is kind of conservative, many other brokers could offer higher leverage. However, inexperienced traders are advised not to use such high leverage, as it is too risky.

Spreads & Commissions

The spreads on Gerchik&Co's Starter Accounts start from 0.4 pips, and the commission is $10 per lot. The spreads on Mini Accounts start from 0.4 pips, and the commission is $10 per lot. Spreads on Simple Accounts start from 0 pips, and commissions are $10 per lot. Silver Account spreads start from 0 pips, and commissions are $9 per lot. Gold Accounts have spread from 0 pips and commissions from $8 per lot. Platinum accounts have spread from 0 pips and commissions from $7 per lot.

Trading Platforms

Gerchik & Co offers traders the world's leading and most popular trading software, MT4, MT4 Android, MT4 iOS, MT4 Windows, MT5, MT5 Android, MT5 iOS, MT5 Windows. MT4 is the ideal trading platform for trading currency pairs and CFDs, with an all-in-one interface. MT4 offers 9 timeframes and 30 technical indicators for investors to choose the desirable trading strategy, while MT5 has 21 timeframes and 38 built-in technical indicators, 44 charting tools, and support for robots and EA trading.

Trading Tools

In addition to the tools that were built into the MT4 and MT5 trading platforms, Gerchik & Co provides clients with some standalone trading tools, such as trading calculators, traders statistics, and more.

Deposit & withdrawal

Gerchik&Co welcomes a variety of payment methods, including VISA & MASTERCARD (for EUR, USD, 2.8% deposit fee, 2% withdrawal fee), wire transfer SEPA & SWIFT (for EUR, USD, deposit and withdrawal fee over 5 EUR), Skrill (for EUR, USD, 3% deposit fee, 1-2% withdrawal fee), NETELLER (for EUR, USD, 4% deposit fee, 1% withdrawal fee), WebMoney (0.8% withdrawal fee, each transaction up to $50), Perfect Money (0.5% withdrawal fee ), Payeer (0.95% withdrawal fee ), Bitcoin payment, etc.

Customer Support

All clients trading, general, and account-related can be sent to a knowledgeable customer support team that is available 24/7 and can be reached through email, telephone, and social media.

User Reviews

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more than one year
I use my personal experience to remind everyone not to trade with companies that only have offshore licenses. You don't even know where their company is, and the security is really worrying.
2023-02-17 15:43
Khajornrat Surakhot
more than one year
It's a very functional platform. All the instruments are very simple to use and I also learning how to trade with this platform. So I rate 5 for Gerchik & Co!
2022-11-23 18:28
more than one year
I’ve traded with this broker for more than one year, and it gives me a good impression, friendly trading environment, rich educational resources, professional customer support, and their withdrawal process is also responsible and quick… I recommend this platform to you.
2022-11-23 15:08
™妖♠孽 
more than one year
So far I am satisfied with this gerchik&c broker! I can use a demo account, MT4/MT5, and I have access to a wide range of instruments! But I don't like that this broker charges a commission for withdrawals. I already have to pay the fees charged by banking institutions, I don't want to pay more.
2022-11-21 09:31
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