Regarding the legitimacy of GCM Prime forex brokers, it provides FCA and WikiBit, (also has a graphic survey regarding security).
Is GCM Prime safe?
Pros
Offers access to various trading instruments, including forex, CFDs, and metals.
Utilizes the popular MetaTrader 4 platform, which is known for its advanced trading features.
Provides multiple account types with varying leverage options to cater to different trading styles.
Cons
Operates without valid regulation, posing potential risks for clients.
Has received negative reviews regarding withdrawal issues and customer support responsiveness.
Minimum deposit requirements for some account types may be prohibitively high for new traders.
Is GCM Prime markets regulated?
The regulatory license is the strongest proof.
FCA Market Making License (MM)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
Clone FirmLicense Type:
Market Making License (MM)
Licensed Entity:
EC MARKETS GROUP LTD
Effective Date:
2012-08-08Email Address of Licensed Institution:
compliance@ecmarkets.co.ukSharing Status:
No SharingWebsite of Licensed Institution:
www.ecmarkets.co.ukExpiration Time:
--Address of Licensed Institution:
3rd Floor 30 City Road London EC1Y 2AY UNITED KINGDOMPhone Number of Licensed Institution:
+44 2076217978Licensed Institution Certified Documents:
GCM Prime Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
GCM Prime latest industry rating score is 1.61, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.61 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.