GCM Forex review GCM Forex information and promotions

Company: GCM Forex
Founded in: 2012
Online since: 2012
Offices in: Turkey
Payment options: Bank Wire
Demo Platforms: MetaTrader4, MetaTrader Mobile and WebTrader
Account currencies: TRY, USD, EUR
Currency pairs:
Regulated by: SIPC, SPK
US Traders welcome?: No
Bonus? (detailed):
Website available in (languages): Turkish
Support available in: English, Turkish
Support methods: Newsletter, Call Back, Phone, Chat and Email
Account Types (micro standard executive islamic):
Minimum account size: $100
Minimum position size:
Spread type: Fixed
Minimum spread on EUR/USD, pips: 2 pips
Scalping: Allowed
Expert Advisors:
Trading instruments (GOLD; CFD, etc. and the leverage): Forex ( 1:100), CFD
Number of currency pairs:
Trading platforms:
Trading by telephone: Yes
Islamic accounts available: Yes
Bonus offers:
Hedging: Yes
Overnight interest rates (swaps): Yes
Trailing stop: Yes
Free education:
Mobile trading: Yes
Browser-based platform: Yes

gcmGCM forex was established in the year 2012 and has been into online service since then. Their main objective is to provide best trading opportunity to their customers. They have their office only in Turkey. The only payment option available when you trade with them is wire transfer. They are a regulated company under SIPC, SPK at Turkey. They being regulated give a reliability factor which attracts more and more customers. They do not allow traders from United States to trade through their accounts. If you go to their website you will see that all the information is available in Turkish. The customer support service provided to them is English and Turkish.
They provide to their customers demo account which helps them to understand better the forex market strategies and also the features and working of the trading platform. They also offer demo accounts to their customers and the trading platform they use is the Meta Trader4, MetaTrader Mobile and Web Trader. The most commonly used trading platform is MetaTrdaer 4 and is also the most trusted and reliable platform. The MetaTrader Mobile platform can be downloaded on Android phones and it helps in trading while the trader is travelling and has internet access. The web trader allows the traders to do the trading without downloading any software. This entire trading platform is there for the live account as well. The customer support service is available only in English and Turkish through Newsletter, phone, live chat, call back and email. Their service is extremely prompt and highly responsive. They minimum amount required to open an account with them is just $100 and the spread on the trade is fixed which allows the trader to know the cost of their trade before placing the order. They offer trade in CFD along with forex.
It is suggested that when you looking for a broker then go through its reviews posted online by various users. The reviews posted for GCM Forex is very positive and most of them talk about their excellent and advanced trading tool which helps them in smooth trading. The customer support service is of world class and most of them have written that their response is immediate. They allow hedging and scalping which is liked by many traders who want to make profits in short period of time. They offer retirement account to their client which is loved by many traders. Many Muslim traders who follow Islamic laws on trading are pleased as they offer Islamic accounts. They do not have any fees or commission on anything. Some of the cons is that they do not have many payment options and that the payment can only be made through wire transfer. Also their website is available only in one language that is Turkish. The customer support service is also available only in English and Turkish. However, the average rating given to the company by different users is very positive and stands at 4.1 out of 10.ยป Sign up now