Score

1.52 /10
Danger

GCM

United Kingdom

5-10 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

High potential risk

Influence

C

Better than 48.1% brokers
Open Account
Website

Score

License Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

C

Better than 48.1% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+1 800-81-9796

English

+62 212-7899-369

Broker Information

More

Company Name

GCM Asia

Company Abbreviation

GCM

Platform registered country and region

United Kingdom

Company website

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2022-10-04
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 18 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Others

Problem with GCM

1.I deposited $1000 and another 7468 into private accounts. But there was only $7.05 left in the Huobi net in wake of high exchange rate. 2.Since I was a novia, a so-called analyst told me to buy XAU/USD. The price was plummeting, but he said that it was unnecessary to set the stop-loss, resulting in liquidation on the next day. But the frauds all sent fake profit screenshots. What a phony.

2020-06-14 01:15
Scam

GCM fraud platform

I registered a national exchange in GCM a year ago, and my account became liquidated. Now I want to log in to view the historical trade record. At that time, the leverage was 200 times.I asked for my account and login information and customer service arranged an analyst for me. I Just want to log in to the account.Through WeChat call, the analyst said that the platform is regulated by the FCA in August,2018,and now the leverage is 10 times. The previous account was frozen since I didn’t log in for long time.It’s OK.The analyst said that recharging to trade can activate the account.Such a contradiction. Only by recharging the account can I log in?How to do with my previous deposit?Why I can't I log in?The analyst said that how to trade without money? Recharge the account can also continue trading with high leverage.As far as I am concerned,I won’t trade unless the FCA regulate the low leverage.Low leverage can activate the new account,what about high leverage activate the old account?Why I can’t review the record without recharging?Is it a fraud platform?Why only deposit is allowed instead of viewing the record?

2019-01-09 19:02

    News

    NewsGCMASia Review – Is gcmasia.com scam or safe forex broker?

    GCMAsia operates as a “marketing affiliate” of Fortrade Ltd – a UK forex broker regulated by the country’s Financial Conduct Authority (FCA). As per Fortrade’s affiliate program site, it offers CPA fees or flexible payment plans, commissions, marketing support, etc.

    WikiFX
    2021-12-17 10:42
    GCMASia Review – Is gcmasia.com scam or safe forex broker?
    21
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