GCC Brokers Journal
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GCC Brokers Profile
Website
Year
2016
Country
Mauritius
Branches
3
Regulation
FSC Mauritius
Registration
FSC Mauritius, FSA SVG
Investor protection
Fund protection
FSC Mauritius
Publicly traded
no
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iran, Ireland, Italy, Korea, Latvia, Lithuania, Luxembourg, Malta, Myanmar, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
GCC Brokers Accounts
STP
DMA
Minimum Deposit
25 $
20000 $
Leverage
400 : 1
400 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.2 pips
0.3 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
50 lots
50 lots
Margin Call
50 %
50 %
Stop Out
20 %
20 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Perfect Money, Neteller, Skrill
Base currency
USD, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: GCC Brokers broker profile
Is GCC Brokers safe?
- Investor protection: FSC Mauritius
- Regulation: FSC Mauritius
- Registration: FSC Mauritius, FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is GCC Brokers trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - GCC Brokers website: highly detailed, updated
★★★★★ - GCC Brokers popularity (by visitor count): low visits
★★
How GCC Brokers works
GCC Brokers offers Islamic accounts that comply with the Sharia law and do not charge swap on overnight positions upon request and eligibility.
https://www.gccbrokers.com/products
2. Off-Exchange Trading
The trading with GCC Brokers Limited occurs off-exchange or over-the-counter OTC. This means that GCC Brokers Limited directly enters into contracts with clients in respect of the financial instruments they wish to trade.
3. Closing of Positions due to Stop Out Level
GCC Brokers Limited maintains the right to close any client position/positions when the stop out level (equity/margin) falls to 0% of the total margin requirement or the level agreed with the client. If the balance or equity becomes negative as a result of the stop out, GCC Brokers Limited reserves the right to claim the balance from the client to adjust the equity back to zero.
11. No Scalping Allowed
GCC Brokers Limited does not permit scalping or sniping, where clients attempt to exploit the automated services for short-term gains. Clients are urged to trade ethically and not abuse the competitive services provided. Clients will be held solely liable and must indemnify GCC Brokers Limited from any damages or losses resulting from canceling such trades. Scalping or sniping is not allowed.
The trading with GCC Brokers Limited occurs off-exchange or over-the-counter OTC. This means that GCC Brokers Limited directly enters into contracts with clients in respect of the financial instruments they wish to trade.
3. Closing of Positions due to Stop Out Level
GCC Brokers Limited maintains the right to close any client position/positions when the stop out level (equity/margin) falls to 0% of the total margin requirement or the level agreed with the client. If the balance or equity becomes negative as a result of the stop out, GCC Brokers Limited reserves the right to claim the balance from the client to adjust the equity back to zero.
11. No Scalping Allowed
GCC Brokers Limited does not permit scalping or sniping, where clients attempt to exploit the automated services for short-term gains. Clients are urged to trade ethically and not abuse the competitive services provided. Clients will be held solely liable and must indemnify GCC Brokers Limited from any damages or losses resulting from canceling such trades. Scalping or sniping is not allowed.
https://www.gccbrokers.com/documents/GCCBL_MU_Terms_and_Conditions_2.pdf
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