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/10

GIC Trade

Singapore|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.gictrade.io/?lang=en

Website

Rating Index

Contact

+628170095888
Info@Gictrade.Io
https://www.gictrade.io/?lang=en
89 Tagore Ln, Singapore 787531

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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GIC Trade · Company Summary

General Information

PT Global Investa Cakrawala, also known as “GIC Trade”, is a Peer to Peer (P2P) Forex Trading Platform established in Singapore, allowing investors to choose to be a Trader or a Market Maker. The GIC Trade platform uses Metatrader 5 and Blockchain technology to produce safe and transparent trading for all users.

Market Instruments

Trading items available on GIC Trade include currencies (currency), commodities (gold, oil) and INDEX stocks (Nikkei, Hanseng). And the GICTrade product itself is:

- GIC Trade: Blockchain-based forex (MT5) trading platform for traders and market makers

- GIC Token: A special Utility Token only for use on the GICTrade platform

- GIC Exchange: This exchange platform is used to trade GIC tokens, and also convert fiat into Rupiah.

Accounts & Leverage

There are four kinds of account types for investors to choose from at GIC Trade, namely Advanced, Welcome Bonus, Raw Spread and Pro. The maximum leverage is up to 1:400.

Spreads & Commissions

The spreads start from 0.5 pips on both Advanced and Welcome Bonus accounts, from 0 pips on Raw Spread and from 0.1 pips on Pro. No commission fee is charged at GIC Trade.

Trading Platform Available

GIC Trade provides clients with access to the worlds financial markets through a blockchain-based P2P trading platform with MetaTrader 5 (MT5) technology (Windows, Mac OS, Android, iOS).

Deposit & Withdrawal

Regarding deposits, the trader's first step to deposit GICT to GIC is to transfer trading funds to PT Berjaya Eka Sukses (Primadax) BCA account. There is also the BCA Primadax account number is 145-077-8890 with the name of the account owner Berjaya Eka Sukses PT. Minimum deposit for Trader is 200 GICT or Rp. 3 million and for Market Maker 5000 GICT or Rp. 75 million.

Customer Support

If clients have any questions or concerns, please call 0817-0095-888 or email support@gicindonesia.com for consultation. The support team is available 9:00-17:00 Monday to Friday.

Broker Information

Company Name

Global Investa Capital

Company Abbreviation

GIC Trade

Regulatory Status

No Regulation

Platform registered country and region

Singapore

Company website
Customer Service Email Address
  • Info@Gictrade.Io

  • support@gictrade.io

Company Summary

User Reviews

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User comment

3

Comments

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VGHNJK
more than one year
I had a rough experience with GIC Trade. Got into negative balance during a trade, even though I lost. Tried to fund again, but they took my deposit to cover the negative balance. They assured me over the phone that it was fixed, but the issue persisted.
2024-02-07 15:52
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0
0
陈先生89752
more than one year
Good news is that GIC Trade offer no overnight interest charges, which can save traders a lot of money. The spreads are also competitive, making it an attractive option for traders looking to keep their trading costs low. Additionally, their customer service is responsive and helpful, providing quick feedback to any inquiries or issues. Overall, I would recommend GIC Trade as a good choice for traders looking for a cost-effective and reliable broker.
2023-03-22 12:28
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0
0
FX1318768682
more than one year
So far so good for me. I have been trading for 3 months now and I have no issues. I just made my first withdrawal, though I found the cash-out fee to be a bit steep, but no issues other than that. Well, I am looking forward to exploring this platform further.
2023-03-06 14:17
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0
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