Our Review of GCMForex
Gallant Capital Markets FX (GCMFX) is a straight-through-processor broker that offers spreads starting at 1 pip. It was founded in 2008 and is regulated by the Financial Services Commission according to the Securities and Investment Business Act (SIBA) of the British Virgin Islands. GCM offers a maximum leverage of 400:1, with a minimum deposit of $100 and minimum deal size of 1,000. They currently offer over 40 currency pairs for clients to work with.
The broker offers its clients the utility of the MetaTrader4 platform, which allows users to execute one-click trades among other conveniences. The GCMForex website contains a variety of information resources, including charting tools and advising services. Traders who meet the $2,500 deposit requirement are granted access to the MYFX console at no additional charge.
GCMFX also offers customer service in the form of international phone calls and live chats, which are available during normal operating hours on business days. Clients can also contact a representative through email.