Gerchik & Co is the brainchild of the popular information businessman and trader Alexander Gerchik. The trader started an information blog and recently launched his own brokerage company. In today’s article, we will find out the truth about Gerchik’s new business, determine the benefits of cooperation with an exchange intermediary.
Trading with Gerchik & Co
On the main page of the site, we can read information about the global Forex market and watch an introductory video from the creator of the project. The company claims that it uses direct withdrawal of orders to the interbank platform. Thus, it provides its clients with the best trading conditions with spreads from 0 pips. The order execution speed starts from 1 ms.
At the beginning of a trading activity, the client is offered to replenish the account using one of 13 methods. The exchange player has access to plastic cards and various electronic wallets. Given the high risks of international trade, the participant should check the reliability of the company in advance. The withdrawal of funds should be carried out immediately, upon the first client’s request. Only in this case should the company be considered as a market intermediary.
List of broker’s trading accounts
The exchange intermediary has developed 7 accounts for traders with different levels of professional training. Each tariff is tailored to the specific needs of the exchange player. Before starting cooperation, the investor should study the options for cooperation with Gerchik & Co:
Easy Start – Available from $ 100. The account was created for those who are just starting their professional development. The trader gets access to webinars, he can use the risk management service.
Zero – activation occurs after the deposit of $ 100. The maximum leverage reaches a ratio of 1: 100. Trading volumes from 0.01 lot. Algorithmic trading is available. Spreads from 1 pip, no commissions.
Mini – includes a $ 500 top-up. The spread is reduced to 0.4 pips and the commission is $ 10 per lot. The client gets access to statistics.
Simple – available from $ 1,000. This tariff allows you to work with zero spreads and commissions from $ 10 per lot.
Silver – to work on the account, you will need to deposit 10,000 US dollars. The amount of commission deductions is reduced to $ 9 per lot.
Gold is a tariff for wealthy traders who can invest from $ 25,000. The commission is $ 8 per lot.
Platinum is the best trading account that provides capital investments of $ 100,000 or more. Commissions are reduced to $ 7 per lot. The client gets the opportunity to develop unique robots and receive personal recommendations from Alexander Gerchik.
When deciding on cooperation and replenishing a deposit, a trader should not make hasty decisions. He should study the company in detail, determine its reputation on the Internet.
Trust management Gerchik & Co: the broker offers to invest
The company has developed an affordable and profitable investment method. Wanting to invest free capital and transfer it to trust management, a client can start as early as $ 100. The monthly profit is about 10-20%, which significantly exceeds the profitability of a bank deposit. The larger the entry fee, the higher the potential earnings.
The investor is able to choose a professional manager, taking into account the allowable drawdown level and the average profitability of the account. To find out the amount of potential earnings, the depositor will use a special calculator. The broker convinces a potential client of the high quality of its service and a good professional level of managers. At the same time, on third-party web resources, there are numerous complaints about the rapid drain of capital.
Evaluating Gerchik & Co. Scam or professional broker?
Due to the sheer number of fraudulent projects, a trader should take extra care when choosing a reliable brokerage company. First of all, you should pay attention to the design of the site and the comments of the broker’s past clients. He has an interesting site, which contains a detailed description of commercial offers for different exchange players. If we look at customer reviews, then we can note completely different judgments. Traders’ opinion was divided into two groups:
Fraud allegations Gerchik & Co. Negative reviews indicate a quick drain of the deposit, difficulties with payments.
Laudatory comments about the easy and quick withdrawal of funds, the absence of any problems.
There are many messages on the web from past and current clients of the firm. It is becoming clear that the company is popular among modern exchange players.
Given the large number of negative comments, we can conclude that the broker’s services are of poor quality. Fraudsters abandon their obligations or contribute to large losses. The presence of positive reviews can be explained by cheating, so you should not blindly believe the enthusiastic messages.
