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GIC Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://auth.gictrade.io/register, about the company's legal and temporary regulatory information, the company's address 89 Tagore Ln, Singapore 787531.

GIC Trade Forex Broker

Basic Information

Registered Region

Singapore

Operating Period

Company Name

Global Investa Capital

Abbreviation

GIC Trade

Company employee

Customer Service Email Address

support@gictrade.io

Contact Number

+628170095888

Company Website

https://www.gictrade.io/?lang=en

Company address

89 Tagore Ln, Singapore 787531

Facebook

https://www.facebook.com/GICTradeID/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Company Name GIC Trade Registered Country/Area Singapore Founded Year 2023 Regulation Unregulatory Minimum Deposit 10 GICT Maximum Leverage 1:400 Spreads Start from 0 pips Trading Platforms GICTrade, MetaTrader 5 Tradable Assets Forex, Futures and Cryptocurrencies Account Types Demo account, PRO Account, CASHBACK Account and ECN account Demo Account Available Customer Support Email, phone and social media Deposit & Withdrawal Duitku and bank transfer Educational Resources Education, Analysis, Economic Calendar, Articles and News Overview of GIC Trade GIC Trade, established in 2023 and based in Singapore, is a peer-to-peer (P2P) forex trading platform that utilizes Metatrader 5 and blockchain technology. It allows investors to choose between being a Trader or a Market Maker, offering flexibility and potential income opportunities. GIC Trade provides multiple account types (PRO, CASHBACK, ECN) tailored to different trading styles and offers various educational resources and analysis tools to assist traders. Being a relatively new company, its track record is limited, potentially leading to the uncertainty for potential users. Additionally, customer support availability is restricted to weekdays, which may be inconvenient for some traders. Regulatory Status GIC Trade, incorporated in Singapore, operates without regulation from any recognized financial authority. This lack of regulatory oversight is a major red flag for potential traders, as it means there are no safeguards in place to protect client assets or ensure fair trading practices. Engaging with an unregulated broker like GIC Trade carries substantial risks, and investors should be aware of the potential consequences before depositing funds. Pros and Cons GIC Trade distinguishes itself with its unique peer-to-peer (P2P) trading model, offering traders flexibility and potential income opportunities beyond traditional platforms. The platform further caters to diverse trading styles by offering various account types, including PRO, CASHBACK, and ECN. Additionally, GIC Trade provides a convenient crypto-to-fiat exchange, along with a wealth of educational resources and analysis tools, making it an attractive option for traders seeking a comprehensive and innovative platform. However, GIC Trade operates without regulation, sowing doubts about the safety and reliability of the platform and its handling of client funds. Being a relatively new company, its track record is limited, potentially adding to the uncertainty for potential users. Additionally, customer support is only available during weekdays, which may be inconvenient for some traders. Pros Cons Unique peer-to-peer (P2P) trading model Lack of valid regulatory certificates Utilizes blockchain technology Relatively new company Use of popular MetaTrader 5 Limited Customer support hours Various account types Diverse educational resources and analysis tools Market Instruments GIC Trade primarily focuses on forex, futures, and cryptocurrency trading: Forex: Clients can trade a variety of currency pairs in the global forex market. Futures: Traders could speculate on the price movements of futures contracts on various assets. Cryptocurrencies: GIC Trade provides opportunities to trade popular cryptocurrencies like Bitcoin and Ethereum and GIC tokens. Account Types GIC Trade offers three live trading account types and a demo account: PRO Account: Designed for traders who prioritize low spreads. CASHBACK Account: Offers cashback on trades, making it attractive for frequent traders. ECN Account: Geared towards experienced traders who demand raw spreads and faster execution. The PRO and CASHBACK accounts share several similarities, including low spreads, a fee of 1 GICT per lot, free swaps, and a minimum deposit of 10 GICT. Both allow leverage of 1:100 on all instruments and up to 1:400 on Forex. However, the CASHBACK account extends the 1:400 leverage to Gold as well, providing additional flexibility for precious metal traders. The ECN NGW account stands out with its raw spread model, offering potentially tighter spreads but with a higher commission of 3.5 GICT per lot. While leverage and swap conditions remain consistent with the other accounts, this account type requires a significantly higher minimum deposit of 1000 GICT, making it more suitable for experienced traders with larger capital. Feature PRO CASHBACK ECN NGW Spread Low Spread Low Spread Raw Spread Fee & Commission 1 GICT/lot 1 GICT/lot 3.5 GICT/lot Leverage 1:100 (All) & 1:400 (Forex) 1:100 (All) & 1:400 (Forex, Gold) 1:100 (All) & 1:400 (Forex, Gold) Swap Free Swap Free Swap Free Swap Minimal Lot 0.01 Lot 0.01 Lot 0.01 Lot Maximal Lot/Click 20 Lot/Click 20 Lot/Click 20 Lot/Click Minimal Deposit 10 GICT 10 GICT 1000 GICT Hedged Margin $300/pair $300/pair $300/pair Margin Call 30% 30% 30% Stop Out 30% 30% 30% Negative Balance Protection ✔ ✔ ✔ Account Opening Process Opening an account with GIC Trade is a straightforward process that can be completed in a few simple steps: Visit the GIC website: Go to the official GIC Trade website. Click “Sign Up”: Start the registration process. Provide Information: Enter your personal details, email address, and create a password. Verify Email: Confirm your email address through the confirmation link sent to you. Complete Profile: Fill in additional details to complete your profile. Deposit Funds: Deposit funds into your account using GICT or other supported cryptocurrencies. Leverage GIC Trade offers leverage up to 1:400 for Forex and Gold and 1:100 for other instruments across all account types. The Mini account features Dynamic Leverage, adjusting leverage based on trade size and offering up to 2000:1 leverage for smaller positions. Trading Fees GIC Trade's trading fees vary by account type. The PRO and CASHBACK accounts have low spreads and a fee & commission of 1 GICT per lot. The ECN account offers tighter spreads but has a higher fee & commission of 3.5 GICT per lot. All account types benefit from swap-free trading. Trading Platforms and Tools GIC Trade offers multiple trading platforms: GICTrade: A proprietary platform with a user-friendly interface and features like lowest spreads, swap-free trading, and commission-free trading. MT5: The popular MetaTrader 5 platform for advanced trading tools and features. GIC Social Trade: GIC Social Trade is a trading ecosystem where traders can share and copy each other's trading strategies and positions by participating as either a Master Trader or an Follower Trader. GIC Affiliate: GIC Affiliate is an affiliate program of GIC that facilitates aspiring traders & brokers to generate additional income from affiliate marketing. The program provides marketing support, rewards, and bonuses for affiliates who successfully generate transactions from their referrals. Deposit and Withdrawal GIC Trade offers deposits through the Duitku Merchant on their GICTrade mobile application. After completing OTP and KYC verification, users select Duitku transfer, choose a merchant, enter the deposit amount, and then finalize payment through the provided Virtual Account.The minimum deposit for basic accounts is 10 GICT, and for ECN accounts, it's 1000 GICT. GIC processes withdrawals on business days, with timing impacting processing speed. Withdrawals made before 11:00 WIB are processed the same day, while those made after are processed the following day, with variations for non-BCA bank accounts. Customer Support Options GIC Trade offers customer support through: Email: Support@gicindonesia.com Phone: 0817 - 0095 - 888 (Monday - Friday, 09.00 - 17.00) Social media channels: Facebook, Twitter, Telegram, Whatsapp, and Discord. Educational Resources GIC Trade provides various educational resources: Education: Beginner and advanced classes. Analysis: Market analysis tools and reports. Economic Calendar: Track important economic events. Articles: Educational articles on trading topics. News: Latest market news and updates. Conclusion GIC Trade's unique P2P model and use of blockchain technology offer a fresh approach to trading. With various account options and educational resources, it could be appealing to traders seeking flexibility and transparency. However, the lack of regulation and limited track record are significant drawbacks that potential clients should consider before investing. FAQs Q: Is GIC Trade a regulated broker？ A: No, GIC Trade is not regulated by any known financial authority. Q: What is the minimum deposit for a GIC Trade account？ A: The minimum deposit varies depending on the account type: 10 GICT for basic accounts and 1000 GICT for ECN accounts. Q: What trading platforms and Tools does GIC Trade offer？ A: GIC Trade offers GICTrade, GIC Social Trade, MT5, and an affiliate program. Q: How can I contact GIC Trade customer support？ A: You can contact GIC Trade through email, phone, or various social media channels.

GIC Trade broker review

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How to login to GIC Trade?

gic trade Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a gic trade Account Registering an account with gic trade is the first step towards accessing their trading platform. Follow these detailed registration steps t

GIC Trade Forex Broker - Complete Information Guide

1. Overview of the Broker

　　GIC Trade, officially known as Global Investa Capital, was established in 2023 and is headquartered in Singapore. The company operates as a private entity, providing trading services primarily to retail clients interested in forex, futures, and cryptocurrencies. GIC Trade has developed a unique peer-to-peer (P2P) trading platform that leverages blockchain technology, aiming to create a more transparent and efficient trading environment.

　　Since its inception, GIC Trade has focused on offering flexible trading options, allowing users to choose between being a trader or a market maker. The company has positioned itself as an innovative player in the forex trading market, catering to a diverse client base that seeks both traditional and modern trading solutions.

　　The business model of GIC Trade revolves around retail forex trading, providing various account types tailored to different trading preferences and styles. This includes options for both casual traders and those seeking more advanced trading strategies. The introduction of various educational resources and analysis tools further enhances the trading experience for its users.

2. Regulatory and Compliance Information

　　GIC Trade operates without regulation from any recognized financial authority, which raises significant concerns for potential traders. The lack of regulatory oversight means that there are no safeguards in place to protect client assets or ensure fair trading practices. The company does not possess valid regulatory licenses, and thus, its operations are considered unregulated.

Primary Regulatory Authorities: None
Regulatory License Number: Not applicable
License Validity and Scope: No valid licenses are held.
Legal Entities in Different Regions: GIC Trade is primarily registered in Singapore.
Client Funds Segregation Policy: No information provided regarding client fund segregation.
Investor Compensation Fund Participation: Not applicable due to lack of regulation.
KYC and AML Compliance Measures: GIC Trade has indicated that it performs KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures, but specific details are not disclosed.

　　Given these factors, potential clients should exercise caution and consider the high risks associated with trading through an unregulated broker like GIC Trade.

3. Trading Products and Services

　　GIC Trade offers a diverse range of trading products, primarily focusing on forex, futures, and cryptocurrencies. The platform supports trading in various currency pairs, with a starting spread of 0 pips in certain accounts.

Forex Pairs Offered: A wide variety of currency pairs are available, catering to different trading strategies and market conditions.
CFD Product Categories: The broker provides access to contracts for difference (CFDs) on indices, commodities, stocks, and cryptocurrencies.
Unique Products: GIC Trade allows users to trade popular cryptocurrencies like Bitcoin and Ethereum, as well as its own GIC tokens.
Product Update Frequency: The platform frequently updates its product offerings, although specific timelines for new additions are not disclosed.
Retail Trading Services: GIC Trade focuses on retail trading, providing various account types to suit different trader needs.
Institutional Client Services: There is no specific mention of services tailored for institutional clients.
White Label Solutions: Not applicable as per the available information.
Asset Management Services: No asset management services are provided.

　　As a relatively new broker, GIC Trade aims to attract traders by offering innovative products and a flexible trading environment.

4. Trading Platforms and Technology

　　GIC Trade utilizes MetaTrader 5 (MT5) as its primary trading platform, which is widely recognized for its advanced trading tools and features. The broker also has its proprietary trading platform, enhancing user experience with a user-friendly interface.

Support for MetaTrader 4/5: GIC Trade supports MT5, providing traders with powerful tools for technical analysis and automated trading.
Proprietary Platform Details: The proprietary platform offers features such as low spreads, swap-free trading, and commission-free options.
Web-Based Trading Platform: The broker provides a web-based trading solution, allowing users to trade directly from their browsers.
Mobile Applications: GIC Trade offers mobile applications compatible with both iOS and Android, enabling trading on the go.
Execution Model: The broker operates on an ECN (Electronic Communication Network) model, facilitating direct market access and faster execution.
Server Location and Technical Infrastructure: Specific details regarding server locations and technical infrastructure are not provided.
API Access and Automated Trading Support: There is no information available about API access or support for automated trading.

　　Overall, GIC Trade aims to provide a comprehensive trading experience through its advanced platforms and tools.

5. Account Types and Trading Conditions

　　GIC Trade offers several account types to cater to different trading preferences and strategies. The key account types include:

　　Pro Account: Designed for traders who prioritize low spreads, requiring a minimum deposit of 10 GICT.
　　Cashback Account: Offers cashback on trades, appealing to frequent traders, with similar conditions to the Pro account.
　　ECN Account: Geared towards experienced traders, offering raw spreads but requiring a higher minimum deposit of 1000 GICT.
　　Standard Account Conditions:
　　Minimum Deposit: 10 GICT for basic accounts and 1000 GICT for ECN accounts.
　　Spreads: Starting from 0 pips for certain accounts.
　　Commission: 1 GICT per lot for Pro and Cashback accounts; 3.5 GICT per lot for ECN accounts.
　　Advanced Account Types: No specific VIP or specialized accounts mentioned.
　　Special Accounts: No Islamic or corporate accounts are detailed.
　　Demo Account Policy: GIC Trade offers a demo account for practice trading.
　　Leverage Ratios: Up to 1:400 for forex and gold, and 1:100 for other instruments.
　　Minimum Trade Size: The minimum trade size is set at 0.01 lots.
　　Overnight Fees Policy: Specific overnight fees are not disclosed, but the platform offers swap-free trading options.

　　These account types and trading conditions are designed to accommodate various trading styles and levels of experience.

6. Fund Management

　　GIC Trade provides several options for fund management, allowing clients to deposit and withdraw funds with relative ease.

Supported Deposit Methods: Deposits can be made via bank transfer and cryptocurrency transfers (GICT).
Minimum Deposit Requirements:
Basic Accounts: 10 GICT
ECN Accounts: 1000 GICT
Deposit Processing Time: The exact processing time for deposits is not specified, but it is generally quick.
Deposit Fees: No specific deposit fees are mentioned.
Withdrawal Methods and Restrictions: Withdrawals can be made through bank transfers, but specific details on limitations are not provided.
Withdrawal Processing Time: Withdrawals made before 11:00 WIB are processed the same day; those made after are processed the next business day.
Withdrawal Fee Structure: The fee structure for withdrawals is not clearly outlined in the available information.

　　GIC Trade aims to provide a straightforward fund management process for its users.

7. Customer Support and Educational Resources

　　GIC Trade offers various customer support channels to assist traders with their inquiries and issues.

Support Channels:
Email: support@gictrade.io
Phone: +62 817 0095 888 (available Monday to Friday, 09:00 - 17:00 WIB)
Social Media: Available on platforms like Facebook, Twitter, Telegram, WhatsApp, and Discord.
Service Hours and Time Zone Coverage: Customer support is only available during weekdays, which may be inconvenient for some traders.
Multilingual Support: The platform supports English and possibly other languages, although specifics are not detailed.
Types of Educational Resources: GIC Trade provides educational materials, including beginner and advanced classes, market analysis tools, an economic calendar, and trading articles.
Market Analysis Services: The broker offers daily analysis, news updates, and research reports to keep traders informed.
Trading Tools: Various tools, including calculators and economic calendars, are available to assist traders in their decision-making processes.

　　These resources aim to enhance the trading experience and empower clients with the necessary knowledge.

8. Regional Coverage and Restrictions

　　GIC Trade primarily serves clients in Singapore and potentially other regions, although specific details on market coverage are limited.

Main Service Markets: The broker focuses on Singapore but may extend services to other regions.
Regional Office Distribution: The primary office is located in Singapore, with no additional regional offices mentioned.
Countries/Regions Not Accepted: Specific countries or regions where GIC Trade does not accept clients are not disclosed.
Special Restrictions: No additional restrictions are mentioned in the available information.

　　Potential clients should verify their eligibility to trade with GIC Trade based on their location.

　　In conclusion, GIC Trade presents itself as an innovative forex broker with a unique P2P trading model and a focus on blockchain technology. However, the lack of regulation and limited track record are significant considerations for potential clients. As with any trading platform, thorough research and understanding of the associated risks are crucial before engaging with GIC Trade.

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