Information about Gemuco Dealing Center
The Gemuco Dealing Center is registered in Cyprus at Vassileos Charalambous St, 67 3639 Nicosia. This broker holds a license from the Cypriot regulator CySEC, No. 195/67, as well as licenses from IFSC and FSC Mauritius. The permit numbers can be found in the footer of the broker’s official website, where they can be verified on the regulators’ websites.
The gemuco.com resource is available in the following languages: English, Russian, Spanish, German, French, Italian, and Chinese. Here is how the Russian version of the main page of the official website looks.
Contact information: phone number, email, head office address, callback request form.
Gemuco Trading Conditions
As stated by the Dealing Center itself, its clients have access to 220+ trading instruments, including major currency pairs, precious metals, stocks, commodities, indices, and cryptocurrencies.
However, not every client has access to all these assets; it depends on the type of account the trader creates. The types of Gemuco accounts are as follows:
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Self-directed. Minimum deposit $150. Leverage 1:100.
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Confident. From $1000. Leverage 1:500. Trading in crypto and precious metals is possible.
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Professional. From $10,000. Leverage 1:500. Full set of trading instruments + deposit protection and insurance, as well as 24/7 support.
It is worth noting that spreads, minimum and maximum lot sizes, the ability to open an Islamic account, information on scalping and hedging, Margin Call and Stop Out levels are not specified anywhere. In fact, most trading conditions are not mentioned.
Like almost every broker, this company also highlights its advantages. The declared advantages of the firm are:
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Continuous improvement of service quality, regular platform updates (which will be discussed below), and functionality.
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Opportunity to quickly go through the registration process and get verified.
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Simplicity and clarity of the interface.
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Ability to trade not only from a PC, but also through mobile trading.
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Presence of several licenses from regulators of several countries.
The best way to verify the truth of the declared advantages is to read real reviews about Gemuco to learn the opinions of real traders about this broker.
Regarding the trading platform, there is limited information available. Firstly, the company does not allow familiarizing with the terminal interface and functionality without opening a real account, meaning that creating a demo account is not provided. Secondly, even the platform’s name is absent, and the description of its capabilities is very concise. Gemuco states that all traders can expect instant order execution, official quotes, transaction reliability, round-the-clock platform support, and analytical tools.
Depositing and Withdrawing Funds from Gemuco
The gemuco.com resource does not contain any information about depositing/withdrawing funds, not even a list of supported payment systems. Therefore, nothing is known about commissions, limits, and timeframes for fund transfers.
Important note: the broker does not publish the “User Agreement,” “KYC Policy,” and other internal documents regulating its relationships with clients.
Conclusion
Despite having licenses, this broker does not appear solid and reliable, primarily due to the lack of informative content on the website. The absence of important trading conditions, a proper platform description, and deposit/withdrawal terms are significant drawbacks. To fully understand the situation, it is advisable to study reviews about Gemuco and consult with an independent expert.