Adam Rosen - Lead financial writer
When trading live markets with GCM Forex you will want to make sure any money you deposit with GCM Forex is safe. And that any positive balance that you gain from succesful trades on GCM Forex you are easily able to withdraw to your selected withdrawal methods. Its important to only fund well regulated trading platforms as you have some recourse if GCM Forex goes under. When analysing if GCM Forex are a safe trading platform to trade with you need to asses the availability of GCM Forex in your country, the reliability of the GCM Forex trading platform, what financial instruments you are able to trade on GCM Forex. What funding and margin amounts are required to trade on GCM Forex, GCM Forex commissions and fees charged for place buy and sell orders. What the GCM Forex reconciliation process is, what reporting demands GCM Forex has to financial regulators and goverment and the level of GCM Forex customer support on offer in your region.
GCM Forex is a broker that offers trading in Forex, Commodities, Indices, Stocks, Crypto, Futures. GCM Forex is not as safe as some more well regulated brokers. The GCM Forex platform is intuitive and user-friendly, and it comes with an excellent GCM Forex trading app for mobile devices. Investing opportunities are available through over 127 GCM Forex financial instruments. So GCM Forex will have something useful for most traders.
GCM Forex is known to have a stable trading platform as well as its prompt and expert customer service. The features GCM Forex offers, make it possible for traders to recognise opportunities, react to them, and quickly carry out buy and sell orders on live financial markets using GCM Forex tools.
GCM Forex is well regulated, always be wary of trading platforms like GCM Forex that seem too good to be true and if you are new to GCM Forex, always try a demo account first.
GCM Forex Desktop based trading platforms offer a more secure experience than their GCM Forex mobile app counterparts. GCM Forex trading applications must follow some fundamental guidelines, when giving traders access to live high risk financial markets. If a trading platform is offered as both a mobile app and a desktop application like GCM Forex, the GCM Forex desktop software is going to be a more secure option than the GCM Forex mobile software if you are serious about trading.
GCM Forex is not as safe as some more well regulated brokers in terms of their trading app. The GCM Forex application can be downloaded from the mobile app stores for both Apple's iOS and Google's Android operating systems, as well as from third-party websites. Only download GCM Forex from an approved verified source.
Do not confuse a basic looking GCM Forex trading app on your smartphone with a robust full GCM Forex trading platform that offers live expert customer support. Some mobile trading apps will have fewer bells and whistles than then a full fledged GCM Forex desktop trading platform on multiple screens. When there is significant volatility in the markets, a genuine trading platform like GCM Forex must not only remain stable but also operate without interruption thanks to its robust network and well-programmed live market infrastructure.
Because GCM Forex is a proper trading platform, GCM Forex can seem overly complicated to new GCM Forex traders. GCM Forex is an excellent option for individuals who are just beginning their trading careers, to experienced GCM Forex traders alike. GCM Forex does an excellent job of striking a balance between the various helpful tools and features it includes in its user-friendly GCM Forex web platform and GCM Forex mobile trading app.
There are many online trading sites that provide real-time quotes and information on trades like GCM Forex. For some GCM Forex investors, the convenience of dealing with everything in one place improves a traders workflow when using GCM Forex. Customers of brokers such as GCM Forex are given access to live data streams relating to the stock markets, Forex markets, commodities markets, crypto markets and ETF markets on GCM Forex.
The funds belonging to GCM Forex customers are stored safely in tier 1 banks, and an SSL encryption system is used to protect any personal information that may be transmitted to and from GCM Forex. GCM Forex is subject to regulation by Financial Services Commission (FSC), which govern how GCM Forex as a company conducts its business. Please note that specific regulators only monitor specific GCM Forex company entities. You need to be sure of which financial regulator your GCM Forex account falls under, before trading on GCM Forex.
When checking the safety of GCM Forex. Be wary of websites that provide a limited number of customer support options. Live chat, email, and phone support are all available from GCM Forex. If the GCM Forex trading platform. If you ever have any issues with funding your GCM Forex account, withdrawaling from your GCM Forex account or accessing the GCM Forex trading platform you will need GCM Forex customer support to resolve your issue quickly.
The process of withdrawing money from GCM Forex accounts is straightforward. Up to the value of the current GCM Forex balance in your GCM Forex account, less the amount of margin that has been used, may be withdrawn at any time. Your GCM Forex funds will be refunded to the same account that was used for the GCM Forex initial deposit, and any GCM Forex refunds will be processed using the same orginal GCM Forex deposit method.
In the event that GCM Forex are unable to fulfil their financial commitments to GCM Forex registered users, financial regulators should have a fund will be used to compensate qualifying GCM Forex customers. Any compensation from GCM Forex financial regulators may only be to a limited amount.
It is possible for the sum of money you have available to you in the GCM Forex trading platform to go into the negatives. This may happen if all of your GCM Forex available balance is invested in open positions, GCM Forex overnight fees are deducted from your GCM Forex account, or trading losses are incurred when trading with GCM Forex.
GCM Forex have integrated real stock trading and ETF into their operational models through the use of CFDs. In recent years, GCM Forex has implemented a number of useful improvements that have made the platform better suited to the needs of long-term investors. The majority of GCM Forex users trade in highly volatile, high risk financial instruments that have a high percentage of loss. If you are considering trading CFDS with GCM Forex, understand that CFD trading is high risk due to the leverage used, and you do not own the underlying CFD asset on GCM Forex. A CFD trade on GCM Forex is speculation on price movement between you and GCM Forex.
GCM Forex gives users the opportunity to trade and invest in a wide variety of digital currencies. GCM Forex conducts business in a manner that is compliant with the regulations of Financial Services Commission (FSC). The GCM Forex platform has a good range of cryptocurrency trading options. When trading crypto assets or related crypto financial products on GCM Forex, you must understand that cryptocurrency prices are highly volatile and your capital is at risk when trading crypto on the GCM Forex trading platform.
The GCM Forex trading platform gives users the opportunity to invest in the foreign exchange market using a selection of different currency pairs, which can be examined in more detail on the GCM Forex website. GCM Forex offers traders over Forex pairs, including major, minor and exotic currency pairs.
On GCM Forex, the trading of stocks can be done in one of two distinct ways. You have the option of buying and selling stocks directly (also known as trading real shares) or by using GCM Forex contracts for difference (CFDs). You are able to trade in either direction with GCM Forex CFD stocks, and you can also use leverage to magnify the exposure of your GCM Forex stock trades. Trading CFD stocks on GCM Forex is high risk and you may lose more than your deposited amount if a GCM Forex CFD stock trade does not go in your favour.
GCM Forex makes it simple and easy to trade in commodities such as gold, silver, platinum, copper, nickel, aluminium, and palladium. The GCM Forex platform is governed by Financial Services Commission (FSC).
GCM Forex ensures the safety of its customers funds by depositing GCM Forex customer deposits in reputable financial institutions and encrypting all of their GCM Forex held personal information using SSL technology. Because GCM Forex complies with the regulations set forth by Financial Services Commission (FSC) in order to conduct business, there are safeguards in place to protect GCM Forex investors.
It is possible for the sum of money you have available to you in the GCM Forex platform to go into the negatives. This might happen if all of your available GCM Forex funds is invested in open positions, GCM Forex overnight fees are deducted, or GCM Forex trading losses are incurred. Both of these things could happen. When it comes to trading CFDs with GCM Forex, retail investor accounts lose money at a rate of upto 80% on average. Only trade with money that you can afford to lose with GCM Forex. Your capital is at risk
When depositing to GCM Forex you will need to make sure that any funding method you use is a well regulated safe financial services provider. GCM Forex offers Bank Transfer, Credit cards funding and withdrawal methods. Some GCM Forex funding and withdrawal methods may not be avalable in your region.
The GCM Forex trading platform holds funds which may include fiat currency, cryptos and other assets. This can be considered a type of GCM Forex wallet. GCM Forex have to offer a secure trading platform as part of their regulation. GCM Forex has a number of high-level security features that prevent unauthorised access to the user's positive balance holdings. GCM Forex comes equipped with built-in DDoS protection as well as standardisation protocols for addressing issues related to large-scale GCM Forex network outages or GCM Forex cyberattacks.
You have a responsibility to make certain that the GCM Forex trading platform you use has a high level of security so that your personal information is not put at risk. The use of firewalls at both the GCM Forex server and GCM Forex application levels, as well as separate synced GCM Forex servers for storing data, is a feature that is a must for top-tier trading platforms like GCM Forex. In addition GCM Forex offers two factor authenication.
When deciding upon GCM Forex A reliable GCM Forex trading platform has a lower risk of experiencing GCM Forex network issues, data freezing, or GCM Forex order execution problems, all of which have the potential to affect GCM Forex trades. It is absolutely necessary to have prompt access to GCM Forex customer support provided by a real person at GCM Forex. Some GCM Forex alternative trading platforms are notorious for providing slow customer after many days of e-mails. You will need to be sure GCM Forex is there if you have any issues and GCM Forex is always able to give you the tools you need to action your trading strategy.
Trading forex on GCM Forex requires you to digest massive swaths of data before you can even think about making a live buy or sell Forex pair order. Using GCM Forex technical analysis charting tools you should be able to access all of the necessary information in a single GCM Forex location. Numerous online trading platforms like GCM Forex give you access to both fundamental and technical information in order to assist you in making more informed Forex trading choices.
GCM Forex fees may be somewhat more expensive than some GCM Forex alternative trading platforms, which is one of the drawbacks of using the GCM Forex platform. You will need to be well aware of any trading fees and commissions which vary depending on the financial instrument you are trading on GCM Forex.
The Securities and Exchange Commission issues a warning to GCM Forex investors that it takes time to make legitimate GCM Forex investment decisions. GCM Forex investors who aren't used to dealing with markets that move quickly may find themselves swept up in the excitement of trading live financial markets on GCM Forex. They might end up losing a lot of money on GCM Forex, before they even realise what has happened to them.
GCM Forex investors who trade stocks, Forex, crypto, commodities, CFDs and ETFs online should educate themselves about the companies whose shares they are purchasing using GCM Forex and put safeguards in place to protect the money they have deposited to the GCM Forex trading platform. One way to exercise control over the items and quantities that you purchase through GCM Forex is to set a limit order on your GCM Forex trading account. You are able to set a specific price in GCM Forex at which an asset will be purchased by using the GCM Forex order limits trading feature.
You have no emotional of personal connection to GCM Forex when trading. GCM Forex traders have to make their own decisions based on their own research and knowledge. GCM Forex is not able to give you financial advice. It is your responiblity to educate yourself to market trends and risk management strategies when using GCM Forex to trade. GCM Forex as a broker will not be able to assist GCM Forex traders in navigating the complex terrain of the financial markets.
When it comes to making choices regarding the purchase and sale of financial instruments on GCM Forex, GCM Forex traders are frequently left to their own devices. This degree of independence can bring about a feeling of self-dependence in some people using the GCM Forex trading platform.
Should your internet connection be unreliable or unsteady when trading with GCM Forex, you run the risk of missing out on a deal that could have been significant or lucrative for you.
GCM Forex investors ought to always have a contingency plan in place when trading live financial market using GCM Forex, just in case they lose access to the internet. GCM Forex customers are able to place their orders with GCM Forex mobile apps. Some GCM Forex alternatives even offer their clients the option of dealing with live brokers to place their orders.
When placing live trades on GCM Forex, every trade that is actioned wether its a buy or sell order on GCM Forex, must be done after careful research and consideration using GCM Forex research tools and market trend data. For some people, buying and selling financial instruments on global markets with GCM Forex is very similar to gambling. The GCM Forex trader will first speculate on what the outcome of something will be, and then place a financial wager on whether or not the speculation will be accurate. Trading live global markets with GCM Forex must never be done in a gambling fashion. Trading with GCM Forex holds a high amount of risk and must be taken seriously. Risk management strategies are a must when placing live trades on GCM Forex.
GCM Forex Financial Regulation: Financial Services Commission (FSC)
🤴 GCM Forex is Used By: 10,000
💵 What You Can Trade with GCM Forex: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with GCM Forex: 127
📈 GCM Forex Inactivity Fees:
💰 GCM Forex Withdrawal Fees: varies
💰 GCM Forex Payment Methods: Bank Transfer, Credit cards,
💰 GCM Forex Account Base Currencies:
GCM Forex Risk warning : Your capital is at risk
IC Markets Financial Regulation: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
🤴 IC Markets is Used By: 180,000
💵 What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
💵 Instruments Available with IC Markets: 232
📈 IC Markets Inactivity Fees: No
💰 IC Markets Withdrawal Fees: No
💰 IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
💰 IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD
IC Markets Risk warning : Losses can exceed deposits
Roboforex Financial Regulation: RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272
🤴 Roboforex is Used By: 10,000
💵 What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
💵 Instruments Available with Roboforex: 100
📈 Roboforex Inactivity Fees: No
💰 Roboforex Withdrawal Fees: Yes
💰 Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
💰 Roboforex Account Base Currencies: USD, EUR, XAU
Roboforex Risk warning : Losses can exceed deposits
AvaTrade Financial Regulation: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
🤴 AvaTrade is Used By: 200,000
💵 What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
💵 Instruments Available with AvaTrade: 1000
📈 AvaTrade Inactivity Fees: No
💰 AvaTrade Withdrawal Fees: No
💰 AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
💰 AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD
AvaTrade Risk warning : 71% of retail CFD accounts lose money
FP Markets Financial Regulation: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)
🤴 FP Markets is Used By: 10,000
💵 What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
💵 Instruments Available with FP Markets: 100
📈 FP Markets Inactivity Fees: No
💰 FP Markets Withdrawal Fees: No
💰 FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
💰 FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD
FP Markets Risk warning : Losses can exceed deposits
NordFX Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
🤴 NordFX is Used By: 10,000
💵 What You Can Trade with NordFX: Forex, Majors, Metals,
💵 Instruments Available with NordFX: 50
📈 NordFX Inactivity Fees: No
💰 NordFX Withdrawal Fees: No
💰 NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
💰 NordFX Account Base Currencies: USD, EUR
NordFX Risk warning : Losses can exceed deposits
XTB Financial Regulation: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
🤴 XTB is Used By: 250,000
💵 What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
💵 Instruments Available with XTB: 4000
📈 XTB Inactivity Fees: Yes
💰 XTB Withdrawal Fees: No
💰 XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
💰 XTB Account Base Currencies: USD, GBP, EUR
XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone Financial Regulation: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
🤴 Pepperstone is Used By: 89,000
💵 What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
💵 Instruments Available with Pepperstone: 100
📈 Pepperstone Inactivity Fees: Yes
💰 Pepperstone Withdrawal Fees: No
💰 Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
💰 Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD
Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
XM Financial Regulation: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
🤴 XM is Used By: 10,000,000
💵 What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
💵 Instruments Available with XM: 1000
📈 XM Inactivity Fees: Yes
💰 XM Withdrawal Fees: No
💰 XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
💰 XM Account Base Currencies:
XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor
accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford
to take the high risk of losing your money.
eToro Financial Regulation: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
🤴 eToro is Used By: 20,000,000
💵 What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
💵 Instruments Available with eToro: 2000
📈 eToro Inactivity Fees: Yes
💰 eToro Withdrawal Fees: Yes
💰 eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
💰 eToro Account Base Currencies: USD
eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.
FXPrimus Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)
🤴 FXPrimus is Used By: 10,000
💵 What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
💵 Instruments Available with FXPrimus: 130
📈 FXPrimus Inactivity Fees: No
💰 FXPrimus Withdrawal Fees: Varies
💰 FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
💰 FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN
FXPrimus Risk warning : Losses can exceed deposits
easyMarkets Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
🤴 easyMarkets is Used By: 142,500
💵 What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
💵 Instruments Available with easyMarkets: 200
📈 easyMarkets Inactivity Fees: No
💰 easyMarkets Withdrawal Fees: No
💰 easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
💰 easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR
easyMarkets Risk warning : Your capital is at risk
If Gcm Forex isn’t quite what you are looking for you can check out some of the best Gcm Forex alternatives below.
If you would like to see Gcm Forex compared against some of the best Gcm Forex safe alternatives available right now you can do so by clicking on the links below.