Gerchik & Co Company Overview

Founding Date and Background

Gerchik & Co is an international brokerage firm established in 2015 by professional traders Oleksandr Gerchik and Ivan Kroshny. The company was founded to provide traders with reliable access to financial markets, leveraging the expertise of its founders to offer a comprehensive trading experience.

Parent Company/Owning Structure

Gerchik & Co operates as Gerchik & Co Limited, which is part of a larger group of companies. This structure ensures that the firm can provide a diverse range of trading services while maintaining a focus on customer satisfaction and regulatory compliance.

Headquarters Location

The company's headquarters is located in Vanuatu, which offers a favorable regulatory environment for financial services. This strategic location allows Gerchik & Co to cater to a global clientele.

Global Business Scope

Gerchik & Co serves clients across various regions, including Europe, Asia, and the Commonwealth of Independent States (CIS). The firm has built a robust customer base of over 100,000 traders, reflecting its commitment to providing quality trading services worldwide.

Main Regulatory Bodies

Gerchik & Co is regulated by the Vanuatu Financial Services Commission (VFSC) and the International Financial Commission (IFC). These regulatory bodies oversee the company's operations, ensuring compliance with industry standards and protecting client interests.

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Company History and Development

Key Milestones

Since its inception, Gerchik & Co has achieved several key milestones, including the launch of its trading platforms and the introduction of various account types to cater to different trader needs. The company has also established a reputation for providing high-quality customer service and educational resources.

Business Expansion Journey

The firm began its operations focusing primarily on the CIS markets but has since expanded its reach to include clients from Europe and other regions. This growth has been facilitated by the development of advanced trading platforms and the introduction of new trading instruments.

Customer Base Growth

Gerchik & Co has experienced significant growth in its customer base, with more than 100,000 active traders. This growth can be attributed to the firm's commitment to providing reliable trading services and a user-friendly trading environment.

Platform Development History

The company offers trading on popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Over the years, Gerchik & Co has continuously updated its platforms to enhance user experience and introduce new features, including algorithmic trading tools and advanced charting capabilities.

Important Awards or Recognitions Received

Gerchik & Co has received several accolades since its launch, including recognition as the "Fastest Growing Broker" at the MENA Forex Show in 2015. Such awards underscore the firm's rapid ascent in the competitive brokerage landscape.

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Trading Services Offered

Forex Trading Options

Gerchik & Co offers a comprehensive range of forex trading options, providing access to over 70 currency pairs. This diverse selection allows traders to engage in various trading strategies, catering to both novice and experienced traders.

Stock Trading Options

The firm provides direct access to the U.S. stock markets, offering over 8,000 financial instruments, including stocks from top global companies. This access enables traders to diversify their portfolios and take advantage of market opportunities.

CFD Trading Products

Gerchik & Co offers a wide array of Contracts for Difference (CFDs) across various asset classes, including:

• CFDs on Stocks and ETFs: Over 340 instruments available.
• CFDs on Commodities: 3 different commodities offered.
• CFDs on Indices: 13 indices available for trading.
• CFDs on Cryptocurrencies: 66 cryptocurrency CFDs, allowing traders to capitalize on the growing digital asset market.

Other Financial Instruments

In addition to forex and stock trading, Gerchik & Co provides access to commodities, metals, and cryptocurrencies. This diverse range of financial instruments allows traders to implement various trading strategies and manage risk effectively.

Special Services or Unique Advantages

Gerchik & Co distinguishes itself by offering unique services, such as risk management tools and a proprietary algorithm developer to assist traders in creating personalized trading strategies. Furthermore, the firm provides educational resources, including trading courses and webinars, to enhance trader knowledge and skills.

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Regulatory and Legal Background

Detailed Regulatory Information

Gerchik & Co is regulated by the following bodies:

• Vanuatu Financial Services Commission (VFSC): Registration No. 40512.
• International Financial Commission (IFC): Provides consumer protection and dispute resolution services.

Legal Entity Structure by Region

The company operates under different legal entities depending on the region, ensuring compliance with local regulations. In Vanuatu, it operates as Gerchik & Co Limited, while in other regions, it may partner with local entities to provide services.

Client Fund Protection Measures

To protect client funds, Gerchik & Co employs several measures, including:

• Segregation of client funds from company operational funds.
• Participation in the IFC's compensation fund, which guarantees up to €20,000 per claim for clients in case of disputes.

Countries/Regions Served

Gerchik & Co serves a global clientele, with a focus on Europe, Asia, and the CIS. The firm has tailored its services to meet the needs of traders in various regions, ensuring compliance with local regulations.

Compliance History

Gerchik & Co has maintained a good compliance history, adhering to the regulations set forth by its governing bodies. The firm has established processes to ensure ongoing compliance with industry standards.

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Competitive Landscape

Main Competitors

Gerchik & Co faces competition from several notable brokers in the industry, including:

• IC Markets: Known for its low spreads and high leverage.
• Pepperstone: Offers a wide range of trading instruments and platforms.
• Admiral Markets: Provides a comprehensive trading experience with extensive educational resources.

Positioning in the Industry

Gerchik & Co positions itself as a reliable broker focused on customer satisfaction and education. The firm emphasizes risk management and the development of personalized trading strategies, appealing to both novice and experienced traders.

Market Differentiation Factors

The key factors that differentiate Gerchik & Co from its competitors include:

• A diverse range of trading instruments, including forex, stocks, and CFDs.
• Proprietary risk management tools and educational resources.
• A strong regulatory framework providing client fund protection and dispute resolution.

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In conclusion, Gerchik & Co has established itself as a reputable brokerage firm offering a wide range of trading services across various financial instruments. With its commitment to regulatory compliance, customer service, and trader education, the company continues to grow and adapt to the evolving needs of its global clientele.

For more information about Gerchik & Co and its offerings, learn more here.