Gerchik & Co: detailed broker review
Gerchik & Co is an STP broker that provides its clients’ capital with direct access to the market through the liquidity providers it cooperates with. Therefore, he cannot influence transactions. It is not profitable for him to trade against you, because your money does not circulate inside him.
There are 5 of them.
|Name||Initial fee ($)||Minimum lot||Spreads||Commission ($)|
|Mini||500||0.01||from 0.4 pips||ten|
|Simple||1 thous.||0.1||from 0 points||ten|
|Silver||10 thous.||0.1||from 0 points||nine|
|Gold||25 thous.||0.1||from 0 points||8|
|Platinum||100 thous.||0.1||from 0 points||7|
What all accounts have in common
Leverage (up to 1: 100). Webinars. Risk Manager program. It automatically evaluates risks. For example, it restricts access to the terminal until the end of the day upon reaching a certain number of unprofitable transactions. Owners of all accounts, except for Mini, have access to Trader’s Statistics. There are many tables, charts, charts and indicators for trading analysis, strategy optimization. And those who have opened a Platinum account can order the development of an individual trading robot and get advice from the president of Gerchik & Co A. Gerchik. All five accounts are based on STP technology. That is, everyone who has registered on gerchikco.com has the right to use algorithms to automate trading. Due to the instant response to quotes and the absence of processing by the intermediary, it is possible to conclude transactions at peak prices. Direct access to bank liquidity provides an opportunity to use scalping. It is the most efficient technology to maximize profit.
How to add money to your account. Leave reviews on the site.
|Way||What commission does the broker take (%)|
|Bank transfers||The amount of the commission depends on the bank|
|Electronic payment systems||The amount of the commission depends on the electronic payment system. For example, when depositing through Advcash, the broker will not take anything. And through LavaPay – 2%|
If you replenish your account via a bank card, payment system or cryptocurrency wallet, the money will be credited within a day. Choose a bank transfer – you will have to wait up to 5 days.
How to collect money
In all the ways listed above. But Gerchik & Co offers to use additional electronic payment systems and bank transfers. The commission does not exceed 2%. The withdrawal time for EPS is 1 day, and for cards and transfers – up to 5 days.
Broker gerchikco offers an advanced alternative to PAMM accounts – TIMA. There is a rating of the best traders on his website. They are chosen for percentage of income and efficiency. You need to open a TIMA account and connect the copying of transactions of the player you have chosen. Unlike classical trust management, you have the right to replace it at any time, as well as control the volume of investments. This passive income option can be used with regular manual trading, as there is no limit on the number of accounts on the account.
How Gerchik and Co rewards its clients. Read the reviews on our website.
The broker attracts traders with bonuses and interesting offers. They participate in contests, win valuable prizes and money that can be used for trading.
Gerchik offers to trade through the best terminal in the world – MetaTrader. It is used by most traders from around the world. Anyone who is engaged in speculative trading is interested not only in the reliability of a broker, but also in the number of assets. Gerchik & Co has over 370 of them. These are CFDs of stocks, indices, metals, currency pairs, cryptocurrencies. This diversity allows you to form a diversified portfolio without excessive financial costs.