GCEX Forex broker specializes in providing foreign exchange trading services, the company's official website https://cdn.forms-content.sg-form.com/10233a43-5d76-11ec-a532-16ac660000ee, the company's legitimate regulatory information United KingdomFCAInvestment Advisory License, to enhance the security of the company's address 75 King William Street, London. EC4N 7BE.
GCEX Forex Broker
Basic information
United Kingdom
2-5 years Regulated in United Kingdom Investment Advisory License Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
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 Cons
| Pros | Cons |
| Various trading choices | Abnormal license |
| Demo accounts | No reliable trading platform |
| Limited info on trading conditions | |
| Unclear payment methods |
Is 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 | Exceeded |
| Regulated by | Financial Conduct Authority (FCA) |
| Licensed Institution | GC Exchange Limited |
| Licensed Type | Investment Advisory License |
| Licensed Number | 828730 |
What 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 Platform | Supported | Available Devices | Suitable for |
| XplorSpot Lite | ✔ | Mobile and Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Rating Index
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Latest Reviews
FX1327242360
Morocco
I did not trade with this broker for a long time, for its spreads on cryptos are much higher, and it actually does not offer 24/7 customer support. I can only say that this broker is not that terrible, it is just not good.
Neutral
2023-03-06
FX1698997642
United States
We need GCEX to retain info of great traders and give them offers to guide us the new traders. I would not mind if I am given a basic guide by a professional who is well acquainted with the system on condition that we share profits in 70% and 30% respectively on profits till i reach a mode or level where i also become a professional.
Positive
2024-06-27