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/10

GCT

China|5-10 years|
Suspicious Scope of Business|Vanuatu Retail Forex License Revoked|High potential risk|

http://www.gctexchange.com/

Website

Rating Index

Contact

400 998 5220
support@gctexchange.com
http://www.gctexchange.com/
support@gctexchange.com

Licenses

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 14732) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The Vanuatu VFSC regulation with license number: 14732 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

GCT · WikiFX Survey

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GCT · Company Summary

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.

GCT Information

Pros and Cons

ProsCons
Low minimum deposit of $100Revoked VFSC license
Trading on the widely-used MT4 platformNo diversed account types
Maximum leverage of 1:100

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GCT's license with the Vanuatu Financial Services Commission (VFSC) has been revoked, meaning it no longer holds a valid regulatory license and operates without legal oversight.

VFSC
Vanuatu Financial Services Commission(VFSC)
Current StatusRevoked
Regulated byVFSC
License TypeRetail Forex License
License No.14732
Licensed InstitutionGCT CO., LIMITED

What Can I Trade on GCT?

GCT provides a limited range of market instruments, including forex, metals, commodities, currency pairs, and indices.

Tradable InstrumentsSupported
Forex
Metals
Commodities
Currency Pairs (FX)
Indices
Stocks
Cryptocurrencies

Account Type

GCT offers various live trading accounts and demo account.But no Islamic accounts.

Account Type
Account NameMinimum DepositMaximum LeverageSpreadsSuitable For
Standard$1001:100From 1.4 pipsBeginner to intermediate traders

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Desktop, MobileSuitable for all experience levels
Proprietary Platform--
Trading Platform

Customer Support

GCT offers customer support through phone and email.

Contact OptionsDetails
Phone400 998 5220
Emailsupport@gctexchange.com

The 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.

Broker Information

Company Name

GCT Co., Limited.

Abbreviation

GCT

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Phone of the company
  • 400 998 5220

X

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • support@gctexchange.com

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@gctexchange.com

Company Summary

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