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/10

GCT

China China | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Vanuatu Retail Forex License Revoked | High potential risk

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Website

Rating Index

Contact

400 998 5220
support@gctexchange.com
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support@gctexchange.com
Licenses

Licensed Entity:GCT CO., LIMITED

License No. 14732

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
China China
Operating Period
5-10 years
Company Name
GCT Co., Limited.
Customer Service Email Address
support@gctexchange.com
Contact Number
400 998 5220
Company Website
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Website
Genealogy
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Company Summary
Comment

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Official website

Website

  • gctexchange.com
    119.28.84.134
    Server Location
    Hong Kong Hong Kong
    ICP registration
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    Most visited countries/areas
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    Domain Effective Date
    0001-01-01
    Website
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Genealogy

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Relevant Enterprises

Gworld Industry Co., Limited(Hong Kong)
Hong Kong
Gworld Industry Co., Limited(Hong Kong)
Active
Hong Kong
Registration No.
2215240
Established
GCT CO., LIMITED
China
GCT CO., LIMITED
None
China
Registration No.
-
Established

Company Summary

GCT Information

Established in 2012, GCT is licensed under revoked VFSC (Vanuatu Financial Services Commission). The main advantage of the platform is the low minimum deposit of $100; its revoked regulatory status increases investor risk.

GCT Information

Pros and Cons

ProsCons
Low minimum deposit of $100Revoked VFSC license
Trading on the widely-used MT4 platformNo diversed account types
Maximum leverage of 1:100

Is GCT Legit?

GCT's license with the Vanuatu Financial Services Commission (VFSC) has been revoked, meaning it no longer holds a valid regulatory license and operates without legal oversight.

VFSC
Vanuatu Financial Services Commission(VFSC)
Current StatusRevoked
Regulated byVFSC
License TypeRetail Forex License
License No.14732
Licensed InstitutionGCT CO., LIMITED

What Can I Trade on GCT?

GCT provides a limited range of market instruments, including forex, metals, commodities, currency pairs, and indices.

Tradable InstrumentsSupported
Forex
Metals
Commodities
Currency Pairs (FX)
Indices
Stocks
Cryptocurrencies

Account Type

GCT offers various live trading accounts and demo account.But no Islamic accounts.

Account Type
Account NameMinimum DepositMaximum LeverageSpreadsSuitable For
Standard$1001:100From 1.4 pipsBeginner to intermediate traders

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Desktop, MobileSuitable for all experience levels
Proprietary Platform--
Trading Platform

Customer Support

GCT offers customer support through phone and email.

Contact OptionsDetails
Phone400 998 5220
Emailsupport@gctexchange.com

The Bottom Line

GCT mostly offers small minimum deposit and MT4 platform application as perks. Still, considering its revoked VFSC licence and multiple consumer complaints, this is a high-risk decision. Although this site is not recommended generally, high-risk investors could find it suitable.

FAQs

Is GCT safe?

No, GCT is not safe. It has a revoked VFSC license.

Is GCT good for beginners?

No, the risks involved with this platform make it unsuitable for beginners.

Is GCT good for day trading?

No, the lack of transparency makes it not suitable for day trading.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Vanuatu Retail Forex License Revoked
  • High potential risk
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