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GCT foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.gctexchange.com/register.html, about the company's legal and temporary regulatory information, the company's address support@gctexchange.com.

GCT Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
GCT Co., Limited.
Abbreviation
GCT
Company employee
--
Customer Service Email Address
support@gctexchange.com
Contact Number
400 998 5220
Company Website
--
Company address
support@gctexchange.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Vanuatu Retail Forex License Revoked
High potential risk

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 GCT's license with the Vanuatu Financial Services Commission (VFSC) has been revoked, meaning it no longer holds a valid regulatory license and operates without legal oversight.Vanuatu Financial Services Commission(VFSC)Current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.

GCT broker review

Rating Index

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GCT Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.66, Software Index 4.00 Risk Control Index 0.00.