Abstract:GCM ASIA LTD is a partner of Fortrade and is responsible for promoting Fortrade's services and trading platform in Asia. Fortrade is the brand name of Fortrade Limited, Fort Securities BLR, and Fort Securities Australia Pty Ltd.
General information & Regulation
GCM ASIA LTD is a partner of Fortrade and is responsible for promoting Fortrade's services and trading platform in Asia. Fortrade is the brand name of Fortrade Limited, Fort Securities BLR, and Fort Securities Australia Pty Ltd. GCM ASIA is not subject to any regulation at this stage, so traders are not advised to trade with this broker in case of fund losses.
Market Instruments
At GCM ASIA LTD, investors can trade over 300 financial instruments, including foreign exchange currency pairs, bonds, precious metals, futures, and more.
Minimum Deposit
GCM ASIA provides all investors with a trading account. In regard to the minimum initial deposit involved, this broker requires traders to fund at least $100 to open a live account.
GCM ASIA Leverage
Leverage is up to 1:100 for Forex currency pairs, 1:50 for major indices, 1:10 for EU stocks and U.S. stocks, 1:100 for gold, 1:20 to 1:50 for commodities other than gold, and 1:20 for U.S.
Spreads & Commissions
The average spread offered by GCM ASIA LTD is 2.5 pips for EURUSD, €2.5 for German 30 Index, $0.50 for XAUUSD, and $0.0080 for Natural Gas. The nightly spread for gold is 100 pips and for silver is 80 pips.
Trading Platforms
Surprisingly, GCM ASIA LTD offers traders two trading platforms, the world-renowned and popular MT4 trading platform and its in-house developed CCMAsia Pro trading platform (supporting both mobile and web versions).
Deposit & Withdrawal
GCM ASIA LTD offers deposit methods for investors from different countries. Investors from China can fund their accounts via credit/debit card, WeChat payment, Alipay. Malaysian clients can fund their accounts through FPX Payment, Online Banking, and international clients can fund their accounts via VISA/MasterCard/AMEX, Bitcoin, Neteller, Skrill, Bank Wire.
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Company summary
Company Profile
Founded in 2005 by a group of turnkey professionals with years of experience in financial services, IFX offers a complete range of banking business process services through a modern API-driven and web-based platform. IFX provides a market-leading liquidity market management system, as well as flexible payment and foreign exchange solutions that can be applied to any business type. Traders can take advantage of the speed, collaboration, and specialization to build payment and collection solutions that work for them. IFX holds a payment license from the FCA in the UK (license number: 900517) and a general finance license from the Dubai Financial Services Authority (license number: F001814).