Score
GCT
China|5-10 years| http://www.gctexchange.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：GCT CO., LIMITED
License No.：14732
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
5-10 years Suspicious Regulatory License Suspicious Scope of Business Vanuatu Retail Forex License Revoked High potential riskUsers who viewed GCT also viewed..
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Website
gctexchange.com
Server Location
Hong Kong
Website Domain Name
gctexchange.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
0001-01-01
Server IP
119.28.84.134
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.
Pros and Cons
| Pros | Cons |
| Low minimum deposit of $100 | Revoked VFSC license |
| Trading on the widely-used MT4 platform | No 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GCT's license with the Vanuatu Financial Services Commission (VFSC) has been revoked, meaning it no longer holds a valid regulatory license and operates without legal oversight.
 | Vanuatu Financial Services Commission(VFSC) |
| Current Status | Revoked |
| Regulated by | VFSC |
| License Type | Retail Forex License |
| License No. | 14732 |
| Licensed Institution | GCT 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 Instruments | Supported |
| 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 Name | Minimum Deposit | Maximum Leverage | Spreads | Suitable For |
| Standard | $100 | 1:100 | From 1.4 pips | Beginner to intermediate traders |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | Suitable for all experience levels |
| Proprietary Platform | ❌ | - | - |
Customer Support
GCT offers customer support through phone and email.
| Contact Options | Details |
| Phone | 400 998 5220 |
| support@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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