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Gerchik & Co Forex broker specializes in providing foreign exchange trading services, the company's official website https://po.gerchik.c..., the company's legitimate regulatory information VanuatuVFSCForex Trading License (EP) to enhance the security of the company's address AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu

Gerchik & Co Forex Broker

Offshore Regulated
Gerchik & Co

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Gerchik & CoReview Summary Founded2015 Registered Country/RegionVanuatu RegulationNot regulated Market InstrumentsCurrency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals Demo Account✅ LeverageUp to 1: 500 Spreadfrom 0.0 pips Trading PlatformMT4, MT5 Min Deposit$100 Customer SupportPhone: +380 0 800 210 216, +370 05 259 62 16, +44 203-318-42-01 Address: AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu Social media: Facebook, Instagram, YouTube Email: support@gerchikco.comGerchik & Co Information Gerchik & Co was founded by Gerchik & CO Limited in 2015 in Vanuatu. It offers various trading assets, including currency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals. Its leverage is up to 1:500. But it is not regulated.Pros and Cons Pros Cons Various trading assetsWithout regulation Demo accounts offeredLack transparency Low spread Popular trading platformIs Gerchik & Co Legit? No, Gerchik & Co is not supervised by any regulations. Please be aware of the risk!What Can I Trade on Gerchik & Co? Gerchik & Co offers over 490 trading assets, like currency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals. Tradable Instruments Supported Currency pairs✔ Indices ✔ Cryptocurrencies ✔ Stocks ✔ ETFs✔ Raw materials✔ Metals ✔Account Type Gerchik & Co offers six accounts: Zero accounts, Mini accounts, Simple accounts, Silver accounts, Platinum accounts and Gold accounts. Account typesMinimum depositMinimum Position Zero$1000.10 Mini$500 Simple$1000 Silver$10000 Platinum$ 100,000 Gold$ 25,000Leverage Gerchik & Co's leverage is fixed at 1:500. The higher the leverage, the more returns and losses.Spreads and Commissions Gerchik & Co's spreads and commissions vary by different accounts. The spread of zero accounts is from 1.0 pips, mini account's spread is from 0.4 pips and simple account's is from 0.0 pips. The other accounts have the same spreads that all are from 0.1 pips. The commission of silver accounts is $9 per lot, the gold is $8 per lot and the platinum is $7 per lot.Trading Platform Trading PlatformSupported Available Devices Suitable for MT4✔IOS, Mac, Google play, DesktopBeginners MT5✔IOS, Mac, Google play, DesktopExperienced tradersDeposit and Withdrawal Gerchik & Co can deposit and withdraw through Mastercard, SEPA (bank transfer), SharPay, Volet, Ripple, Bitcoin, Litecoin, Ethereum, Tether and USDC.
How to login to Gerchik & Co?

Gerchik & Co Similar Brokers

Pros
Wide range of trading instruments with over 360 options available.
High order execution speed due to collaboration with multiple liquidity providers.
Educational resources and tools for both novice and experienced traders.
Cons
High minimum deposit of $100 may deter beginners.
Limited mobile trading options, as there is no dedicated mobile app.
Capped leverage at 1:100 may not appeal to traders seeking higher leverage.

Basic Information

Registered Region
Vanuatu
Operating Period
--
Company Name
Gerchik & CO Limited.
Abbreviation
Gerchik & Co
Company employee
--
Customer Service Email Address
support@gerchik.co
Contact Number
+380800210216
Company Website
Company Address
AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu
How to login to Gerchik & Co?
Gerchik Co Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on navigating the Gerchik Co platform. This guide will assist you through the crucial processes of account registration, account opening, and login, ensuring a smooth experience as you start your trading journey. Part One: Account Registration Process How to Register a Gerchik Co Account To begin your trading journey with Gerchik Co, you need to complete the registration process. Here are the detailed steps: Accessing the Registration Page Visit the official Gerchik Co website at gerchik.co and click on the “Open Account” button located in the upper right corner of the homepage. Filling in Required Information You will be directed to a registration form where you need to provide essential details, including your name, email address, phone number, and country of residence. Make sure to create a strong password that meets the security requirements. Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click on the link provided in the email or enter the code sent to your phone to verify your contact details. Identity Verification (if required) Depending on your region and the regulations in place, you may need to upload a government-issued ID (such as a passport or drivers license) and proof of residence (like a utility bill) to complete the KYC (Know Your Customer) process. Registration Confirmation Once your details are verified, you will receive a confirmation email indicating that your Gerchik Co account has been successfully registered. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder. If it's not there, try resending the verification email from the registration page. Verification Delays: If your identity verification takes longer than expected, contact Gerchik Cos support for assistance. Regional Differences in Registration Be aware that specific documentation requirements may vary depending on your country of residence. Certain regions may have additional compliance measures, so its essential to check the guidelines applicable to your location. For instance, users from Canada and the USA may face restrictions on account registration. Part Two: Gerchik Co Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration is the initial step to create an account, account opening involves selecting your trading account type and providing additional documentation. It is crucial to understand this distinction to ensure a seamless trading experience. Preparation Work Before Account Opening Before you proceed with account opening, ensure you have the following: Valid identification documents (passport or ID card). Proof of address (utility bill or bank statement). A clear understanding of the type of trading account you wish to open. Detailed Account Opening Steps Selecting Account Type Gerchik Co offers several account types, including Zero, Mini, Simple, Silver, Gold, and Platinum. Choose the one that best fits your trading style and capital. Submitting Required Documents After selecting your account type, submit the necessary documents for verification. This may include your identification and proof of address. Account Review Process Once submitted, your documents will undergo a review process. This typically takes 1-3 business days, depending on the volume of applications. Account Activation Upon successful verification, you will receive an email confirming the activation of your trading account. You can now log in and start trading. Initial Setup After activation, log in to your account to set up your trading preferences, including leverage settings and risk management tools. Frequently Asked Questions About Account Opening What is the minimum deposit? The minimum deposit varies by account type, starting from $100 for the Zero account. Can I change my account type later? Yes, you can contact customer support to request a change in account type. Next Steps After Opening an Account Once your account is open, familiarize yourself with the trading platform by exploring the educational resources provided by Gerchik Co. Its also advisable to start with a demo account to practice your trading strategies without risk. Part Three: Gerchik Co Login Process Explained Basic Web Login Process Logging into your Gerchik Co account is straightforward. Follow these steps: Visit the Gerchik Co Website Go to gerchik.co and click on the “Login” button located at the top right corner of the homepage. Enter Your Credentials Input your registered email address and password in the respective fields. Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, enter the code sent to your registered device. Click on the Login Button After entering all details, click the “Login” button to access your account. Explore Your Dashboard Once logged in, you will be directed to your trading dashboard where you can manage your trades and account settings. Mobile App Login Process Currently, Gerchik Co does not have a dedicated mobile application. However, you can access your account through the mobile version of their website using the same login credentials. Other Login Methods Gerchik Co primarily supports standard login methods. There are no third-party login options or Single Sign-On (SSO) features available as of now. Common Login Issues and Solutions Forgotten Password: Use the “Forgot Password?” link on the login page to reset your password via email. Account Lockout: If your account is locked due to multiple failed login attempts, contact customer support for assistance. Technical Issues: Ensure your internet connection is stable. If issues persist, try clearing your browsers cache or using a different browser. Overview of Features After Login After logging in, you will have access to your trading dashboard, where you can view your account balance, open trades, market analytics, and educational resources. Familiarizing yourself with these features will enhance your trading experience. Additional Sections Account Security Recommendations Use Strong Passwords: Create a unique password that combines letters, numbers, and symbols. Enable Two-Factor Authentication: This adds an additional layer of security to your account. Regularly Update Your Credentials: Change your passwords periodically to enhance security. Best Practices for Account Management Monitor Your Account Regularly: Keep an eye on your trading activity and account balance. Use Risk Management Tools: Utilize the risk manager feature to protect your investments. Stay Informed: Regularly check for updates from Gerchik Co regarding trading conditions and educational resources. How to Get Technical Support For any issues or questions, Gerchik Co provides customer support through various channels: Email: support@gerchik.co Phone: Multiple international numbers are available on the website. Live Chat: Available during business hours on the website. This guide aims to provide a clear pathway for users to navigate the Gerchik Co platform effectively. By following the steps outlined in this guide, you can successfully register, open an account, and log in to begin your trading journey with confidence.

Gerchik & Co Forex Broker - Complete Information Guide

1. Broker Overview

Gerchik & Co, established in 2015, is a prominent brokerage firm that has made a significant mark in the international financial market. The company is headquartered in Port Vila, Vanuatu, and operates as a private entity. Gerchik & Co primarily serves a diverse clientele, focusing on traders from Russia, Ukraine, and other CIS countries, while also expanding its reach globally.

The firm was founded by Oleksandr Gerchik, a well-known trader with over 20 years of experience in the financial markets, who gained fame through his appearances on the Russian TV show "Wall Street Warriors." Since its inception, Gerchik & Co has experienced rapid growth, being recognized as the fastest-growing broker at the MENA Forex Expo in 2015. The company aims to provide a safe and transparent trading environment, emphasizing essential risk management tools.

Gerchik & Co operates mainly in the retail forex and CFD trading sectors, offering various financial services that include proprietary trading and educational resources for traders. The firm has established a reputation for its structured trading model, which includes a two-phase challenge system for traders looking to access company capital.

2. Regulation and Compliance Information

Gerchik & Co is regulated by the Vanuatu Financial Services Commission (VFSC), holding the license number 40512. Additionally, it is licensed by the Financial Services Commission of Mauritius (FSC), with the license number GB 20025814. The regulatory licenses allow Gerchik & Co to provide a broad range of investment services to its clients.

The company adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that client identities are verified and that transactions are monitored to prevent illicit activities. Client funds are kept in segregated accounts, providing an extra layer of security and ensuring that traders' investments are protected.

Furthermore, Gerchik & Co is a member of the Financial Commission, which offers independent dispute resolution and compensation of up to €20,000 per claim from its dedicated fund. This membership reinforces the company's commitment to safeguarding client interests and maintaining a transparent trading environment.

3. Trading Products and Services

Gerchik & Co offers an extensive range of trading products, featuring over 530 trading instruments. Traders can access a variety of forex currency pairs, including major, minor, and exotic pairs. The company also provides CFD products across various categories, such as:

  • Indices: Access to major global indices.
  • Commodities: Trading opportunities in raw materials.
  • Stocks: CFDs on shares of top companies.
  • Cryptocurrencies: Options to trade popular cryptocurrencies.

The firm frequently updates its product offerings, ensuring that traders have access to the latest market trends and instruments. Gerchik & Co caters to both retail traders and institutional clients, offering tailored services that meet diverse trading needs. Additionally, the company provides white label solutions and asset management services for institutional clients.

4. Trading Platforms and Technology

Gerchik & Co supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are available for desktop and mobile devices. These platforms are known for their user-friendly interfaces and robust trading tools, enabling traders to execute trades efficiently.

The broker employs an ECN (Electronic Communication Network) execution model, ensuring that trades are processed directly with liquidity providers, resulting in better pricing and faster execution times. The company's servers are located in the Equinix LD4 data center, utilizing the latest technology to provide high-speed order execution.

While Gerchik & Co does not offer a proprietary trading platform, the integration of MT4 and MT5 provides traders with advanced charting capabilities, technical indicators, and automated trading options through Expert Advisors (EAs). The broker also supports API access for traders interested in algorithmic trading.

5. Account Types and Trading Conditions

Gerchik & Co provides various account types to cater to different trading styles and experience levels. The main account types include:

  • Mission Account: Requires a minimum deposit of $59, with spreads starting from 0.0 pips and a commission structure.
  • Tradex Account: Offers a minimum deposit of $59, with competitive spreads and commissions.

Each account type features specific trading conditions, including leverage ratios that can reach up to 1:100. The minimum trade size is 0.01 lots, and overnight fees are applicable based on the positions held.

The firm also offers a demo account for traders to practice their strategies without risking real capital. The leverage options and commission structures vary depending on the account type, allowing traders to select the most suitable conditions for their trading strategies.

6. Funds Management

Gerchik & Co supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with some accounts starting as low as $59.

Deposits are typically processed quickly, often within one business day, while withdrawal requests are handled within one to two business days. The broker does not charge fees for deposits, but withdrawal fees may apply depending on the method used, including:

  • 0% via Sharpay
  • 2% via Mastercard
  • €20 via SEPA
  • 0.5% via Volet and cryptocurrencies

Traders should be aware of the minimum withdrawal limits, which vary by payment method, ensuring that they can access their funds efficiently.

7. Customer Support and Educational Resources

Gerchik & Co offers robust customer support through various channels, including telephone, email, and live chat. The support team is available from 09:00 to 18:00 (UTC +2 / UTC +3), providing assistance in multiple languages, including English and Russian.

The broker emphasizes education, offering a wealth of resources such as webinars, tutorials, and market analysis services. Traders can access a range of tools, including trading calculators and economic calendars, to enhance their trading experience and make informed decisions.

8. Regional Coverage and Restrictions

Gerchik & Co primarily serves clients in Russia, Ukraine, and other CIS countries, with a growing presence in international markets. The company has multiple regional offices, facilitating better service delivery to its clients.

However, the broker does not accept clients from certain jurisdictions, particularly those with stringent financial regulations, including the USA, UK, and parts of Europe. This limitation may affect traders looking to engage with Gerchik & Co from these regions.

In summary, Gerchik & Co is a reputable forex broker that offers a wide range of trading products and services, backed by robust regulatory compliance and a commitment to client education and support. With its competitive trading conditions and diverse account options, it caters to both novice and experienced traders in the global financial market. As a gerchik co broker, it continues to grow and adapt to the evolving needs of its clientele.

Gerchik & Co Forex Broker has an overall rating of 4.45, Regulatory Index 1.76, License Index 1.76, Business Index 7.03, Software Index 9.45 Risk Control Index 8.90.
Gerchik & Co