Detailed Overview of Gerchik & CO Company
Established by the renowned Alexander Gerchik and his partner Ivan Kroshny, Gerchik & CO is a brokerage firm with a strong emphasis on Forex trading, investment management, and trading education. The company commenced its operations in 2015 and has since undergone several transformations.
Gerchik & CO Limited is officially registered in Vanuatu and holds a license from the Vanuatu Financial Services Commission, dated August 30, 2018.
For inquiries and assistance, the company can be reached via email, a feedback form on their website, Skype, and three dedicated phone lines: 0 800 210 216 for Ukrainian clients, 8 800 333 27 54 for Russian-speaking clients, and +44-203-318-42-01 for international English-speaking support. Additionally, Gerchik & CO maintains active profiles on various social media platforms.
Creating a Personal Account at Gerchik & CO
The registration process at Gerchik & CO is swift and straightforward. To register, you must provide your name, surname, citizenship, phone number, and email. Subsequently, create a secure password, review essential documents, and complete an anti-bot verification step. A confirmation link will be sent to the contact details you provided. It is imperative to thoroughly review the Client Agreement and Personal Data Processing Rules.
Trading Instruments and Platform Offered
Gerchik & CO offers access to a diverse range of 383 trading instruments, including currency pairs, indices, stocks, precious metals, commodities, and cryptocurrencies. The widely acclaimed MT4 trading platform is provided, and traders can download this terminal from their personal account at no additional charge.
Trading Account Options at Gerchik & CO
The company presents six distinct types of trading accounts with a traditional approach, where higher entry thresholds offer enhanced opportunities and privileges.
Easy Start Account: With a minimum deposit of $100 and trades starting from 0.01 lot, this account provides access to webinars and risk management services. The maximum leverage across all accounts is 1:100.
Mini Account: Accessible with an investment starting from $500, this account includes algorithmic trading features for beginners, with a commission of $10 per lot.
Simple Account: Requiring a deposit of $1,000, this account offers a minimum lot size of 0.10, with spreads starting from zero. Traders also gain access to a specialized service featuring trader statistics.
Silver Account: Starting from an investment of $10,000, this account reduces the commission per lot to $9.
Gold Account: Available with a deposit of $25,000 and above, this account further decreases the commission per lot to $8.
Platinum Account: Geared towards advanced traders, this account necessitates an investment starting from $100,000. Traders benefit from zero spreads, a minimal commission of $7 per lot, custom trading robot development, and personal consultations with Alexander Gerchik. A demo account is also available post-registration with no actual investments required.
Account Funding and Withdrawal Procedures at Gerchik & CO
Gerchik & CO supports various methods for depositing and withdrawing funds, including Visa and MasterCard cards, bank transfers, major payment systems, e-wallets, and cryptocurrency wallets.
The minimum withdrawal amount is $1, with no specified upper limits; however, certain countries may impose restrictions on bank transfers. Transactions are carried out in euros or US dollars, with a detailed table on the website outlining all available methods.
Final Thoughts on Gerchik & CO
While Gerchik & CO is officially registered and licensed in Vanuatu, it’s essential to recognize that this documentation may not hold legal validity outside of the island state.
The firm offers a wide array of services, though some clients have raised concerns about the aggressive promotion of certain offerings, such as educational programs at Alexander Gerchik’s trading school and investment opportunities through trust management. It is advisable to clearly define your objectives and evaluate acceptable risks before proceeding.
This review has been prepared by the specialists at ExpertsReview.
