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VFSC Offshore Regulated 
Gerchik & Co Company
Gerchik & Co Company: A Comprehensive Overview
1. Company Overview
Founding Date and Background
Gerchik & Co was founded in 2015 by professional traders Oleksandr Gerchik and Ivan Kroshny. The company was established with the vision of providing a reliable and efficient trading platform for both novice and experienced traders.
Parent Company/Ownership Structure
Gerchik & Co operates as an independent brokerage firm. It is not a subsidiary of any larger financial institution, allowing it to maintain a customer-focused approach and flexibility in its operations.
Headquarters Location
The company is headquartered in Vanuatu, which is known for its favorable regulatory environment for financial services. The specific address is AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu.
Global Business Scope
Gerchik & Co operates on a global scale, providing trading services to clients from various countries, including Europe, Asia, and the Americas. The firm has established itself as a reputable brokerage in the international forex market.
Main Regulatory Bodies
Gerchik & Co is regulated by the Vanuatu Financial Services Commission (VFSC) under registration number 40512. Additionally, the company is a member of the Financial Commission, which provides a layer of protection for traders and enhances its credibility.
2. Company History and Development
Key Milestones
Since its inception, Gerchik & Co has achieved several key milestones, including being recognized as the "Fastest Growing Broker" at the MENA Forex Expo in November 2015. The company has also received various awards for its trading services and educational initiatives.
Business Expansion Journey
Gerchik & Co initially focused on the Commonwealth of Independent States (CIS) market but has since expanded its reach to include clients from Europe and other regions. This expansion has been facilitated by the introduction of advanced trading technologies and a commitment to customer service.
Customer Base Growth
The company has experienced significant growth in its customer base, boasting over 100,000 active clients. This growth can be attributed to its user-friendly trading platform and a strong emphasis on trader education.
Platform Development History
Gerchik & Co offers trading on the popular MetaTrader 4 and MetaTrader 5 platforms. The company has continuously updated its trading technology to ensure low latency and high execution speed, currently boasting an execution speed of as low as 1 millisecond.
Important Awards or Recognitions Received
In addition to its early accolades, Gerchik & Co has received numerous awards for its services, including the "Breakthrough of the Year" award in December 2015 and being named the "Best Broker in Dynamic Development" in December 2019 by the International Association of Forex Traders (IAFT).
3. Trading Services Offered
Forex Trading Options
Gerchik & Co provides a comprehensive range of forex trading options, offering over 71 currency pairs. This includes major, minor, and exotic pairs, catering to a wide range of trading strategies and preferences.
Stock Trading Options
The company also offers trading in stocks, providing access to over 340 CFDs on shares of leading companies. This allows traders to diversify their portfolios beyond forex trading.
CFD Trading Products
Gerchik & Co offers a variety of CFD trading products, including indices, commodities, and metals. This broad range of instruments enables traders to capitalize on various market opportunities.
Other Financial Instruments
In addition to traditional forex and stock trading, Gerchik & Co provides access to cryptocurrencies, allowing traders to engage in digital asset trading. The company offers CFDs on several cryptocurrencies, expanding its clients' trading options.
Special Services or Unique Advantages
Gerchik & Co stands out for its "Risk Manager" tool, designed to protect traders from significant losses by automatically closing unprofitable trades based on pre-set risk parameters. This feature helps mitigate emotional decision-making in trading.
4. Regulatory and Legal Background
Detailed Regulatory Information
Gerchik & Co is regulated by the VFSC and is a member of the Financial Commission. These regulatory bodies oversee the company's operations, ensuring compliance with financial regulations and protecting client interests.
Legal Entity Structure by Region
The legal entity structure of Gerchik & Co varies by region, with its main entity registered in Vanuatu. The company adheres to local and international regulations, providing a secure trading environment for its clients.
Client Fund Protection Measures
Client funds at Gerchik & Co are held in segregated accounts, ensuring that they are protected from operational risks. Additionally, the Financial Commission provides a compensation fund that covers claims up to €20,000 per client.
Countries/Regions Served
Gerchik & Co serves clients globally, with a particular focus on Europe, Asia, and the Americas. The company has made its trading services accessible to a diverse range of traders.
Compliance History
Gerchik & Co has maintained a strong compliance record since its establishment, regularly undergoing audits and assessments by regulatory bodies to ensure adherence to industry standards.
5. Competitive Landscape
3-5 Main Competitors
Gerchik & Co competes with several well-known brokers in the forex market, including:
- RoboForex: Known for its low minimum deposit and high leverage options.
- Exness: Offers a wide range of account types and trading instruments.
- FBS: Popular for its promotional offers and bonuses for traders.
Positioning in the Industry
Gerchik & Co positions itself as a reliable STP broker that prioritizes transparency and customer service. Its focus on providing advanced trading tools and educational resources sets it apart from many competitors.
Market Differentiation Factors
Key differentiators for Gerchik & Co include:
- A robust educational program led by experienced traders.
- A unique "Risk Manager" tool that helps traders manage their risks effectively.
- Competitive spreads starting from 0 pips, making it attractive for both new and seasoned traders.
In conclusion, Gerchik & Co has established itself as a reputable brokerage firm with a strong regulatory framework, diverse trading options, and a commitment to client education. With its innovative tools and customer-centric approach, it continues to attract a growing number of traders globally. For those looking to explore forex trading opportunities, Gerchik & Co offers a compelling option in the competitive landscape of online trading.