Score
Turkey
|
5-10 years
| https://www.gcmyatirim.com.tr
Website
Rating Index
MT4/5
Full License
GCM-Real
Influence
B
Influence index NO.1
Turkey 8.16
MT4/5 Identification
Full License
GermanyInfluence
B
Influence index NO.1
Turkey 8.16
LicensesNo valid regulatory information, please be aware of the risk!
Turkey
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
gcmyatirim.com.tr United States
VIP is not activated.| GCM Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Turkey |
| Regulation | No Regulation |
| Market Instruments | 500+, Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills |
| Demo Account | ✅($100,000 in virtual money) |
| Leverage | / |
| Spread | Low but not specified |
| Trading Platforms | GCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5 |
| Minimum Deposit | / |
| Customer Support | 24/5 support |
| Contact form, live chat | |
| Facebook, X, YouTube, LinkedIn, Instagram | |
| Phone: +92 0212 345 0 426 | |
| Fax: +90 (212) 345 04 02 | |
| Email: bilgi@gcmyatirim.com.tr | |
| Address: Eski Büyükdere Cad. Park Plaza. No:14 Kat:14 Maslak Sarıyer / İstanbul - TÜRKİYE | |
GCM, founded in 2018 and registered in Turkey, is an unregulated brokerage firm that offers over 500 market instruments, including currency pairs, commodities, stock exchange indices, foreign stocks, and bonds and bills. It also provides multiple trading platforms such as GCM TRADER, GCM STOCK TRADER, MATRIX TRADER, OPTION TRADER, MT4 & MT5. Moreover, GCM offers a Free Trial Account with $100,000 in virtual money and free training.
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of trading products | Limited info on accounts |
| Multiple customer support channels | Limited info on trading fees |
| MT4 & MT5 platform |
At present, GCM lacks valid regulation. Its domain was registered on May 19, 2024, and the current status is “client Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
On GCM, you can trade with more than 500 investment instruments like Currency pairs, Commodities, Stock exchange indices, Foreign stocks, Bonds and bills.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Bonds | ✔ |
| Bills | ✔ |
| Cryptocurrencies | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
GCM provides a Free Trial Account and Real Investment Account for clients.
FREE TRIAL ACCOUNT:
REAL TRADING ACCOUNT:
| Trading Platform | Supported | Available Devices | Suitable for |
| GCM MT4 | ✔ | Desktop, iOS, Android | Beginners |
| GCM MT5 | ✔ | Web, Desktop, iOS, Android | Experienced traders |
| GCM TRADER | ✔ | Web, iOS, Android | / |
| MATRIX TRADER | ✔ | Windows, Mobile | / |
| GCM STOCK TRADER | ✔ | Web, iOS, Android | Stock traders |
| OPTION TRADER | ✔ | iOS, Android | Option traders |
I like that they offer more than 500 different instruments, covering forex, commodities, indices, foreign stocks, and even bonds. Having both MT4 and MT5 available is a huge plus for me since I already use custom indicators and automated strategies on those platforms. They also have several proprietary platforms for more specialized trading, and a free demo account with $100,000 in virtual funds, which is perfect for testing before going live.
Yes, they have a free trial account with $100,000 in virtual money. I see this as a good way to get familiar with their platforms and test strategies without risking real funds.
Honestly, I wouldn’t call GCM FX fully safe or legit. They’ve been operating since 2018 in Turkey, but without regulation, I know that if something went wrong, I wouldn’t have the same legal protection as I would with a licensed broker. If I ever tried them, I’d start small just to test how they handle deposits, withdrawals, and trade execution.
Yes, a few that stand out to me. The biggest is the lack of regulation. They also don’t provide clear information on their account types, spreads, or commissions, so I can’t calculate my trading costs in advance. On top of that, I couldn’t find their minimum deposit requirement, which makes it harder to plan.
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