Score
Vanuatu
|
5-10 years
| https://gerchik.co/en
Website
Rating Index
MT4/5
Full License
GerchikCo-Demo
Influence
B
Influence index NO.1
Uzbekistan 4.46
MT4/5 Identification
Full License
FranceInfluence
B
Influence index NO.1
Uzbekistan 4.46
LicensesLicensed Entity：Gerchik & Co Limited
License No. 40512
Single Core
1G
40G
1M*ADSL
Vanuatu
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
WikiResearch Uzbekistan
gerchikco.com gerchik.co| Gerchik & CoReview Summary | |
| Founded | 2015 |
| Registered Country/Region | Vanuatu |
| Regulation | Not regulated |
| Market Instruments | Currency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals |
| Demo Account | ✅ |
| Leverage | Up to 1: 500 |
| Spread | from 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | $100 |
| Customer Support | Phone: +380 0 800 210 216, +370 05 259 62 16, +44 203-318-42-01 |
| Address: AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu | |
| Social media: Facebook, Instagram, YouTube | |
| Email: support@gerchikco.com | |
Gerchik & Co was founded by Gerchik & CO Limited in 2015 in Vanuatu. It offers various trading assets, including currency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals. Its leverage is up to 1:500. But it is not regulated.
| Pros | Cons |
| Various trading assets | Without regulation |
| Demo accounts offered | Lack transparency |
| Low spread | |
| Popular trading platform |
No, Gerchik & Co is not supervised by any regulations. Please be aware of the risk!
Gerchik & Co offers over 490 trading assets, like currency pairs, indices and CFDs on cryptocurrencies, stocks and ETFs, raw materials, metals.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| ETFs | ✔ |
| Raw materials | ✔ |
| Metals | ✔ |
Gerchik & Co offers six accounts: Zero accounts, Mini accounts, Simple accounts, Silver accounts, Platinum accounts and Gold accounts.
| Account types | Minimum deposit | Minimum Position |
| Zero | $100 | 0.10 |
| Mini | $500 | |
| Simple | $1000 | |
| Silver | $10000 | |
| Platinum | $ 100,000 | |
| Gold | $ 25,000 |
Gerchik & Co's leverage is fixed at 1:500. The higher the leverage, the more returns and losses.
Gerchik & Co's spreads and commissions vary by different accounts. The spread of zero accounts is from 1.0 pips, mini account's spread is from 0.4 pips and simple account's is from 0.0 pips. The other accounts have the same spreads that all are from 0.1 pips. The commission of silver accounts is $9 per lot, the gold is $8 per lot and the platinum is $7 per lot.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | IOS, Mac, Google play, Desktop | Beginners |
| MT5 | ✔ | IOS, Mac, Google play, Desktop | Experienced traders |
Gerchik & Co can deposit and withdraw through Mastercard, SEPA (bank transfer), SharPay, Volet, Ripple, Bitcoin, Litecoin, Ethereum, Tether and USDC.
Yes, Gerchik & Co offers an Islamic account, which is a great option for me as I prefer to trade without interest or swap adjustments. I appreciate that they cater to traders who need this feature.
Gerchik & Co is regulated by the Vanuatu Financial Services Commission (VFSC), with license number 40512. While this provides some level of oversight, in my gerchik co broker review, I would point out that offshore regulation may not offer the same level of protection as top-tier regulators like the FCA or ASIC. For me, this raises some concerns about the safety of my funds.
Gerchik & Co offers a wide range of trading instruments, including forex, commodities, cryptocurrencies, indices, stocks, and metals. This diversity is perfect for me as it allows me to explore different markets and diversify my portfolio.
Gerchik & Co offers both MT4 and MT5 platforms, which is great for me as I’m familiar with both. MT4 is great for beginners, while MT5 provides advanced features for experienced traders. I would mention this in my gerchik co broker review as a significant advantage.
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