GCE Capitals is the offshore broker that promises to give access to the foreign exchange and cryptocurrency trading market on a web-based trading platform. Nevertheless, the presentation of this broker is not informative. Also, the official website of GCE Capitals is virtually anonymous. However, while searching GCE Capitals for this review we stumbled upon a warning against it by Financial Conduct Authority of UK. In this GCE Capitals review, we will shed light on all the critical aspects of this broker. Read the full GCE Capitals review here.
About GCE Capitals:
The broker seems to provide all-inclusive only one trading account, but, the trading conditions like minimum deposit required, maximum leverages and spreads provided are missing from the broker’s presentation. To build an impartial and trustworthy review we must consider all the possible benefits and drawbacks of GCE Capitals. To start with our discussion, we always provide possible benefits of any given broker. However, this is not the case with GCE Capitals. The disadvantages of GCE Capitals are listed below. The official website of GCE Capitals provides a postal address in Zurich and London. However, this does not mean that the broker is operational from this area. Considering the broker’s claim, we checked UK based financial regulator financial conduct authority registry and found out that the broker is already been blacklisted by it. It is a potential scam hint and traders must be aware of this broker. The broker neither provides its trading conditions on the official website nor it provides a demo account. The demo account it useful to peep into the provided trading conditions. The broker’s official website also misses the crucial section about the term and condition. It is another red flag of GCE Capitals. The broker does not facilitate trading on the MetaTrader platform and many traders will not like this fact. MetaTrader comes with handy tools like expert advice, multiple account management systems, world-class charts, over 50 market indicators and much more. However, unregulated brokers always possess a scam risk
Is GCE Capitals scam or legit?
The official website of the broker is completely anonymous and we don’t know from where it is operational. The broker received a scam warning against it by FCA. Trading conditions are not disclosed and MetaTrader is not supported. Our detailed analysis of GCE Capitals leads us to believe that the broker is a potential scam broker 2020.