GC Option Forex Broker

GC OptionReview SummaryFounded2019Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsCurrency pairs, stocks, indices, metalsDemo Account✅Leverage/Spread/Trading PlatformMT4, WebTrader Pro, WebTrader ClassicMinimum Deposit$10Promotion✅Customer Support24/7 multilingual supportLive chatEmail: support@grandcapital.net [Mon–Fri 6:00 AM–6:00 PM (GMT)]Social media: Instagram, YouTube, Twitter, Facebook GC Option was registered in 2019 in Saint Vincent and the Grenadines, offering trading services related to currency pairs, stocks, indices, and metals. It provides three types of accounts, with a minimum deposit of $10. Besides, demo accounts and promotions are also provided. However, this company is not regulated, and it does not reveal details of leverage ratio and spread.Pros and ConsPros Cons Demo accounts offeredLack of regulationLow minimum depositLack of transparencyMT4 supportedLimited payment optionsMultiple channels for customer supportPromotions offeredIs GC Option Legit? No, GC Option is not regulated by financial regulatory authorities in Saint Vincent and the Grenadines, which means the company lacks regulation from its registration site. Therefore, potential risks cannot be ignored.What Can I Trade on GC Option? GC Option provides several types of products, including currency pairs, stocks, indices, and metals.Tradable Instruments Supported Currency Pairs✔Indices✔Stocks✔Metals✔Cryptos❌Bonds❌Options❌ETFs❌Account Type GC Option offers three types of accounts: Silver, Gold, and VIP Account. Besides, a demo account is also available. However, the leverage ratio, spread, and commission fees of each account are not clear.Account TypeMinimum DepositSilver$10Gold$100VIP$300Trading Platform GC Option uses WebTrader Pro, WebTrader Classic, and MT4 as its trading platforms. MT4 is a commonly used platform, which is suitable for beginners. However, it should be noted that web traders may have potential risks, and careful considerations are recommended.Trading PlatformSupported Available Devices Suitable forMT4✔PC, web, mobile, macBeginnersWebTrader Pro✔Web/WebTrader Classic✔Web/MT5❌//Deposit and Withdrawal GC Option supports ThunderXpay and Indian Exchanger. The processing time and commission fees vary according to the types of payment options.Deposit Options Accepted CurrenciesDeposit FeesDeposit Processing Time ThunderXpayLAK, MMK, KHR2%/Indian ExchangerINR❌1 dayWithdrawal Options Accepted CurrenciesWithdrawal Fees Withdrawal Processing Time ThunderXpayLAK, MMK, KHR❌Up to 3 daysIndian ExchangerINRDepends on bank1 to 3 daysPromotion GC Option has promoting activities which offer bonuses to traders.