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Pros

Various trading choices, including forex pairs, commodities, indices, and cryptocurrencies.
Demo accounts available for practice and learning.
Regulated in the United Kingdom, offering a level of oversight.

Cons

Abnormal license status with the FCA, raising concerns about legitimacy.
Limited information on trading conditions, which may affect decision-making.
Lacks widely recognized trading platforms like MT4 or MT5, potentially limiting advanced trading features.

GCEX broker Accounts

GCEX Account Types

GCEX offers a variety of account types designed to meet the needs of professional and institutional clients. The account types include:

  • House Accounts: These accounts are intended for proprietary trading or when the participant trades for its clients as a principal. Participants must designate themselves as the beneficial owner of the assets in these accounts.

  • Segregation Accounts: Participants may open these accounts for specific clients to ensure asset segregation. These accounts are used for agency trading, and the assets allocated must belong to the respective client.

  • Authorized Users: Access can be granted to specific users at the account level, allowing for tailored permissions based on roles within the organization.

  • GCEX Broker Account Opening Process

    To open an account with GCEX, follow these steps:

    • Visit the Website: Go to GCEX's official website.

    • Registration: Click on the “Register” option located at the top right of the main page.

    • Choose Registration Method: Users can register by entering either a phone number or an email address.

    • Set Password: Create a password and confirm it.

    • Agree to Terms: Check the box to indicate that you have read and agree to the terms of service.

    • Verification Code: A verification code will be sent to the provided phone number or email address. Enter this code to confirm your registration.

    • Complete Registration: Once all steps are completed, your account will be successfully created.

    • By following these steps, clients can easily set up their accounts and access the trading services offered by GCEX.

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GCEX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
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