Company profile
GCT Information Established in 2012, GCT is licensed under revoked VFSC (Vanuatu Financial Services Commission). The main advantage of the platform is the low minimum deposit of $100; its revoked regulatory status increases investor risk.Pros and ConsProsConsLow minimum deposit of $100Revoked VFSC licenseTrading on the widely-used MT4 platformNo diversed account typesMaximum leverage of 1:100Is GCT Legit? GCT's license with the Vanuatu Financial Services Commission (VFSC) has been revoked, meaning it no longer holds a valid regulatory license and operates without legal oversight.Vanuatu Financial Services Commission(VFSC)Current StatusRevokedRegulated byVFSCLicense TypeRetail Forex LicenseLicense No.14732Licensed InstitutionGCT CO., LIMITEDWhat Can I Trade on GCT? GCT provides a limited range of market instruments, including forex, metals, commodities, currency pairs, and indices.Tradable InstrumentsSupportedForex✔Metals✔Commodities✔Currency Pairs (FX)✔Indices✔Stocks❌Cryptocurrencies❌Account Type GCT offers various live trading accounts and demo account.But no Islamic accounts.Account NameMinimum DepositMaximum LeverageSpreadsSuitable ForStandard$1001:100From 1.4 pipsBeginner to intermediate tradersTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT4✔Desktop, MobileSuitable for all experience levelsProprietary Platform❌--Customer Support GCT offers customer support through phone and email.Contact OptionsDetailsPhone400 998 5220Emailsupport@gctexchange.comThe Bottom Line GCT mostly offers small minimum deposit and MT4 platform application as perks. Still, considering its revoked VFSC licence and multiple consumer complaints, this is a high-risk decision. Although this site is not recommended generally, high-risk investors could find it suitable.FAQs Is GCT safe? No, GCT is not safe. It has a revoked VFSC license. Is GCT good for beginners? No, the risks involved with this platform make it unsuitable for beginners. Is GCT good for day trading? No, the lack of transparency makes it not suitable for day trading.