GCEX Forex Broker

GCEX Review SummaryFounded2022Registered Country/RegionUnited KingdomRegulationFCA (Exceeded)Market InstrumentsForex pairs, Commodities, Indices, and CryptocurrenciesDemo Account✅Leverage/EUR/USD Spread/Trading PlatformXplorSpot LiteMin Deposit/Customer SupportTel: +44 (0) 20 3960 8850, +45 32 75 90 88Email: info@gc.exchangePhysical address: London: GC Exchange Limited 75 King William Street, London, EC4N7BEDubai: GC Exchange FZE 8th floor, the Offices 4, One Central, Dubai World Trade CenterDenmark: GC Exchange A/S Amager Strandvej 390, 2770, Kastrup Denmark GCEX is a financial broker registered in the United Kingdom in 2022. It offers access to a wide range of products, including Forex pairs, Commodities, Indices, and Cryptocurrencies. The company provides limited information concerning trading conditions. Additionally, GCEX is currently under abnormal oversight due to operating with an exceeded FCA license.Pros and ConsPros Cons Various trading choicesAbnormal licenseDemo accountsNo reliable trading platformLimited info on trading conditionsUnclear payment methodsIs GCEX Legit? GCEX claims to be regulated by the UK's Financial Conduct Authority (FCA). However, upon investigation, we found that this license is in an abnormal status, marked as “Exceeded”. Therefore, please exercise caution before considering trading with them.Regulatory Status ExceededRegulated by Financial Conduct Authority (FCA)Licensed Institution GC Exchange LimitedLicensed TypeInvestment Advisory LicenseLicensed Number828730What Can I Trade on GCEX? GCEX offers a variety of tradable instruments, including Forex pairs, Commodities, Indices, and Cryptocurrencies. You can trade all major and minor currencies at tight spreads on GCEX, as well as indices such as the Dax 30 Index, S&P 500 Index, and many more. Additionally, commodities include gas, oil, and metals.Tradable Instruments Supported Forex pairs✔Commodities✔Indices✔Cryptocurrencies✔Stocks❌Bonds❌Options❌ETFs❌Trading Platform When considering trading platforms, GCEX only offersLite, which appears to be GCEX only offers XplorSpot Lite, which appears to be a proprietary platform. Unfortunately, this platform falls short in comparison to the professional and advanced features of MT4 or MT5. As a result, we recommend you selecting a legally regulated broker that provides MT4 or MT5 for a more comprehensive trading experience.Trading PlatformSupported Available Devices Suitable forXplorSpot Lite✔Mobile and Web/MT4❌/BeginnersMT5❌/Experienced traders