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GCG 24 Review

One currency in a currency pair is always dominant. Founded in , Goldland Capital Group is a company offering online trading services in more than 20 currency pairs, as well as precious metals for trade on the MT4 platform. They keep asking for documents but they wont release the money or acknowledge the document submitted. While regulation in Australia is considered one of the most reliable ones worldwide, such lack of clarity seems disturbing. The first two letters are in most cases reserved for identification of the country. However, things with the companies associated with GCG appear more complicated than that. GCG does not charge a commission on transactions executed on its standard retail platforms The price you deal on is the "all in cost" to you.

This is because of the leverage that is available when trading Foreign Exchange. GCG provides a Maximum Trading Leverage Ratio of 1 for standard accounts. At that ratio, a , EUR position would require $1, .

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Clients of GCG may use leverage ratios up to 1: We always warn traders to use lower leverage levels that do not involve such risks. Although high leverage levels are nor recommended, many brokers offer leverage up to 1: This broker provides the widely used MetaTrader 4 MT4 platform , available as desktop download and mobile versions. Although its developer MetaQuotes has issued a newer software version, MetaTrader 5, the MT4 continues to be the most popular forex trading platform.

GCG is an Australian forex broker and market maker that does not share much information about its trading conditions on its website and the situation with the companies associated with the GCG brand seems confusing. It appears that it acts as an authorized representative of an ASIC-regulated entity. To sum things up, here are the advantages and drawbacks with regards to GCG: Trade Forex with spreads as low as 1.

XM is broker with great bonuses and promotions. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FxPro is a broker we are particularly keen on: And the best part? With FxPro you get negative balance protection. FBS is a broker with cool marketing and promotions. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on ForexBrokerz. We do not present any guarantees for the accuracy and reliability of this information.

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Read our Privacy Policy. Your money is not safe. That said, I still do not trust them or their practices. They have caused me so much frustration and headache that I would never invest with them if they were the last brokers. The platform and modus operandi of this broker seems same as Daxmarkets.

Nov 21, - 1 Star gcg They will say anything to get you money. They are not regulated. Their platform is rigged.

So that they can show you profit or loss anytime they like. They will even trade with your money and show you a loss if you ask to withdraw money. Since they will not be in your country of residence, most likely, you really cannot do anything to recover your deposits. I was introduced to them by tooltrades. Since then I have just been asking for money back. Which they will not release.

They keep asking for documents but they wont release the money or acknowledge the document submitted. I hope this review will help someone. I can bear that loss. Thank you for your review. Let me clarify some points for you. We sent you the money as soon as we got all the necessary documents from you.

The reason why it took that much time to verify is that the documents you sent before did not comply with our requirements. You say that we manipulate on our platform. This is utterly absurd, because no self-respecting company would ever do that.

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GCG24 or Global Consulting Group is a Forex Binary Broker offering Forex Trading services via Mobile and Web trading platforms. Regarding orders execution model, GCG24 is a b-book broker (market maker). GCG24 offers trading of currencies, indices, shares and commodities - binary options only. GCG24 is unregulated. GCG is not responsible for system failures or latency caused by high trading volumes. Multi-Language Capabilities. GCG's trading platforms are designed with multi-language capabilities. Introducing Brokers offer MetaTrader technology to . GCG 24 (Global Consulting Group) is an unlicensed forex and binary options broker that opened in September GCG 24 shows an address of: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands,