But if you want to save time and make the same amount of money minus the hassle of finding offers, matched betting websites can do all of this for you using more advanced techniques. Just leave it at that and move on with your life. So, what are you waiting for? But, this would be an excellent opportunity to practice to learn the nuances first. Take a look at Bet for example.
As GCM Forex, we shaped our organizational structure with a professional and strong staff, in order to provide quality services to our clients. Our employees have advanced proficiency in capital and derivatives markets so as to allow them convey reliable and complex financial data to our clients, in the quickest manner possible. The investors come to us to put their savings to use, for all our efforts are devoted to making the route to higher profit margins shorter.
Each inch of needless red tape, each communication problem, each delay is an obstacle we intend to avert on this route. We offer our clients next generation, user friendly trading platforms, real-time financial analyses and news, and access to actual market terms with fixed and narrow spreads. Silver is only available against the USD. Platinum and Palladium are under the commodities grouping and they could be hard to find at first.
In addition to these Copper is also listed, as a commodity metal. GCM has a good choice of Index including the Dollar Index that is not just indicative but fully open for trading. Commodities are present and above the industry average range. Traders can find a total of 8 commodities but nothing exotic.
We have fount a total of 38 stocks from the EU and 50 from the US, which is the average range. These are major popular companies shares but are very well diversified by industry. GCM also offers bonds. These are all US treasury Bonds with 3,10 and year maturity. Spreads GCM offers fixed spreads for most trading instruments. This means the broker may not be the best option for fast trading strategies where low trading costs and spreads are essential.
A sharp increase for the exotics means these are maybe attractive only to long term traders. Whatsmore, the fixed spreads can be changed by GCM, as stated, during the volatility periods and also around session closure. Precious metals also have a fixed spread. Palladium spread is pips and Platinum 12pips, both classified as floating spreads. Copper also has a floating spread at 62 points. Crude Oil has a 40 points fixed spread while Brent has a 7 point, a lower amount because it is a floating spread.
Note that GCM also seems to present ECN accounts with variable spreads but the actual account opening does not offer this option, therefore we will not cover this, probably former account type with variable spreads and commission. Minimum Deposit The minimum deposit is not presented on the website until you register for an account. This is a high barrier for entry for most traders but considering the lower leverage, it may be needed. The costs will depend on the bank. Credit Card option is displayed but the link opens the same page for bank transfers.
A form will require you to type IBAN and other bank details. No associated costs are mentioned. Often you will see the basics about Forex, transactions, where to invest and so on, essentially this is tied to marketing and account opening. Forex training section contains both Fundamental and Technical analysis, Webinars, Videos, and written material.
An analysis manual that describes how to interpret the reports and indicators is also added. Videos are numerous and of great quality. MT4 platform explanations are all in Turkish but are very detailed and professionally edited. Over 30 videos exist just for the platforms. GCM states that there are more than 10, minutes of video material for various topics. Other videos showcase the latest market developments and can last for more than 30 minutes.
These videos are also of great quality, long, showing different technical applications, fundamental drivers, fact figures and other arguments. There is also a possibility to sign up for a live Youtube stream. Fundamental and Technical analysis part explains what they are and how to apply them.
They are structured and well written. The indicators page is long and tries to cover the most popular indicators and other methods of analysis. Additionally, there is an e-book containing all this material, but it is not available for download. Articles are fresh but updated monthly and cover interesting topics that are relevant to present political developments. The articles are of good quality without any marketing. GCM also has a very developed Market Analysis section. The analysis is published daily and more than once.
A timeline graphic will show traders what analysis coming up, be it morning technical analysis, video or special reports. Expert opinions are also published and contain short but quality content, with the addition of how it is relevant to Turkey. Technical analysis is also extensive but does not show anything more than Support and Resistance levels, Pivot lines and price levels.
Market News section is outdated, showing the latest reports from GCM probably decided to include news along with the reports and analysis they frequently publish. GCM has a few tools available. Calculators are for Pips, Margin, Swap and s currency converter. These are very basic while the economic calendar has its section but it is not available. GCM has its Sentiment Indicator for every asset. This indicator is usually seen with larger, market maker brokers. It is refreshed frequently. Customer Service GCM has an email, phone and chat service available.
The staff requested our phone number and disconnected us without providing us with any answers. Direct audio contact is better for sales hence the reason for the phone number. Note that it is common to see other affiliates contacting you as a part of shared policy marketing. After 30 days, the trial account will be closed. A new demo could be obtained and within the user account panel, it is possible to open multiple accounts.
Retail currency traders in turn use these brokers to gain access to the hour currency market for speculation purposes. Forex broker services are also provided for institutional clients and large companies such as investment banks. A great amount of capital was invested in the company and a local license was granted to provide advisory and brokerage services for financial derivatives. GCM Forex offers its clients the dependable and popular MetaTrader4 platform, which allows them to execute one-click trades.
Although the GCM Forex website contains a variety of information resources, including charting tools and advising services, it is only available in Turkish and also lacks some important information. Our employees have advanced proficiency in capital and derivatives markets so as to allow them convey reliable and complex financial data to our clients, in the quickest manner possible. The investors come to us to put their savings to use, for all our efforts are devoted to making the route to higher profit margins shorter.
Each inch of needless red tape, each communication problem, each delay is an obstacle we intend to avert on this route. We offer our clients next generation, user friendly trading platforms, real-time financial analyses and news, and access to actual market terms with fixed and narrow spreads. Our young and dynamic team has strong candidates for the next generation of leadership in the world of finance.