Expert review of the forex broker GCMForex and real user reviews about it
GCMForex – a broker that started its operations in 2012. During its work, the company has accumulated diverse experience in cooperation with traders. It is important to note that GCMForex is a broker operating in Turkey. The address listed on the official website is: Eski Büyükdere Cad. Park Plaza Kat:14 Maslak, İstanbul, Türkiye.
Broker GCMForex: detailed analysis
As mentioned earlier, GCMForex is a broker that actively promoted the idea of trading in the currency market. The company’s advertisements could often be seen on small trader forums.
The company’s official website has an attractive design, but it is important not to forget the importance of having regulatory permissions from the relevant supervisory authorities. According to data, GCMForex scammers do not have the necessary licenses, not even from Turkish regulators. This is a serious signal to traders about the prudence of choosing a broker for cooperation.
Trading conditions
The entrance fee to the GCMForex platform is one hundred dollars, and the leverage level remains at a satisfactory level. There are a significant number of active accounts on the platform. However, for a developed country like Turkey, with its financial capabilities, such numbers leave something to be desired.
In addition to standard contracts, the company also offers binary options. Traders should be especially careful when working with them, especially when choosing an unreliable broker. Trusting GCMForex means playing with fire.
Education
GCMForex does not pay due attention to educating beginners. Most of the information on the company’s website is presented in Turkish, which can make it difficult for foreign clients to understand. The lack of full technical support also remains a serious drawback of this broker.
Bonuses
The bonus policy of the company GCMForex does not offer anything unique and is similar to that of other dubious projects. The presence of bonuses for referrals is expected. However, long-term promotions are not provided, which may be related to the unpredictable longevity of the company. Bonuses are regularly credited to attract new clients.
Conclusions about the broker GCMForex
When choosing a company for cooperation, it is important not to rely solely on one opinion or reviews of a dubious nature. The company GCMForex leaves something to be desired, especially considering the lack of necessary licenses and insufficient technical support. We recommend being cautious when considering this broker for trading operations.
