Brief information GCFX24
The multi-asset online broker GCFX24 describes itself as a reliable and regulated intermediary that entered the market in 2019. On its official website gcfx24.com the company lists:
its registration number (LL16397);
its head office address in Labuan, Malaysia;
license no. MB/20/00056 issued by the Labuan FSA;
the presence of offices in Egypt and Saint Vincent and the Grenadines, with their addresses listed.
The GCFX24 broker does not publish any official documents or disclose the names of its founders or team members.
To contact the company you can call +60392125418 (head office in Malaysia) or +20 150 169 2049 (branch in Cairo, Egypt).
GCFX24 Trading Terms
The broker lists 2,000 instruments available for CFD trading:
currency pairs;
energy;
indices;
ETFs;
stocks;
precious metals;
cryptocurrencies;
bonds.
The broker gcfx24.com does not disclose the instrument specifications. The website promises zero spreads, low commissions for OTC instruments, and low swaps for institutional clients. You likely need to register and access the trading terminal to obtain the details.
The company's trading platform includes:
MT5 for desktop/mobile devices and browser trading;
a proprietary online terminal with the ability to download to Android and iOS mobile devices.
However, a short presentation of its proprietary development is not supported by a user manual or a description of its technical specifications. The GCFX24 broker announced access to a demo account on MT5, but the terms of use are not specified.
The intermediary also claims to provide liquidity from tier-one banks through the 360T platform. However, the company does not provide any evidence to support these claims.
Trading accounts at GCFX24
The intermediary does not mention the availability of trading accounts. The minimum deposit is $100. There is no information about available leverage. More information can be obtained from gcfx24.com support by calling +60392125418.
Registration and personal account on gcfx24.com
To open an account, the user must provide the following:
first and last name;
contacts;
country of residence;
introducing broker;
interface language;
preferred trading terminal;
account currency, preference and category (trader, introducing broker, or asset manager).
You can create a profile on the following company resources:
gcfx24.com;
portal.gcfx24.com.
After logging into your GCFX24 account, the broker asks you to complete the KYC procedure by uploading screenshots of the required documents.
Deposits and Withdrawals with GCFX24
The platform offers the following payment gateways:
credit and debit cards;
online payment systems;
bank wire.
The company does not disclose the following parameters:
how long does it take to process a deposit or withdrawal request with GCFX24;
what fees and commissions do users pay;
what is the minimum withdrawal amount.
You can get advice on the payment policy from support or through your account at gcfx24.com.
Conclusion about GCFX24
The company calls itself a professional, reliable, and secure platform for CFD trading. Although the broker claims to be officially registered and regulated, it doesn't publish links to registers or document forms.
The intermediary provides general information about its trading conditions and platform. For clients, this may entail problems with withdrawing funds, unplanned costs in the form of additional fees, and manipulations with pricing and execution. GCFX24 reviews will help you decide whether to partner with them.
