Review and feedback on Gerchik Co: exposing a narcissistic broker.
Gerchik & Co: a new broker on the Forex market
Every trader’s desire before entering the international Forex market is to find a reliable broker. Among the vast number of offers, there are not so many worthy of attention. One of such brokers is Gerchik & Co company. In this review, we will try to figure out what lies behind the colorful image of this company.
Briefly about Gerchik & Co
Starting operations in 2015, Gerchik & Co was founded by a trio of traders: Alexander Gerchik (company president), Ivan Krashnov (executive director), and Andrey Zhily (financial director). The company’s headquarters are located in Belize City (Congo), and the broker’s activities are regulated by the local organization International Financial Services Commission.
Finding objective information about Gerchik & Co on the internet is not that simple, as there are both praising reviews and criticism.
You can familiarize yourself with the company’s activities here: Video
One of the clients claims to have been deceived by the broker after relative success. Alexander Gerchik actively conducts educational events and provides services to both beginners and experienced traders.
Alexander Gerchik’s Biography
Alexander Gerchik is known in the financial world, and his biography is available on Wikipedia. Born in Odessa, he started his journey in New York as a taxi driver, which later led him to trading. Over time, he obtained licenses and developed his own trading system.
However, doubts surround the transparency of his company and the guarantees of success for traders.
Gerchik & Co Official Website
The professional website of Gerchik & Co company https://gerchikco.com/ offers a wide range of functionalities and user-friendly navigation. Here, you can find information about services, market analytics, and educational programs.
The broker’s working conditions are presented on the website:
- STP – spreads from 0.01 points
- trading with leverage 1:1 – 1:1000
- minimum trade size 0.01 lot
- minimum S/L and T/P spacing without limitations
- minimum order spacing without limitations
Unique Services from Gerchik & Co
Among the provided services, it is worth noting the risk manager, which allows controlling risks and protecting trades. Also, there is an investment service TIMA, offering the opportunity to earn on Forex without individual trading.
We recommend evaluating more transparent and specific offers on the market before deciding to collaborate with Gerchik & Co.