Information about the broker Global-c Trade
The broker Global-c Trade reports that it is registered in the UK at Paddington Central, 2 Kingdom St, Paddington, London, W2 6JP. However, a copy of the certificate is not published on the company’s official website. A state license to provide services is also not presented.
The resource global-c.trade is available in Russian. The main page looks as follows.
Contact information: phone number, two email addresses (for inquiries in Russian and English), feedback form. Contacts are available in the “About the Company” section on the official website global-c.trade.
Information about the project management is absent, the identities of the creators and directors of the company are not disclosed. As the broker himself says, he has been operating since 2017, but due to the lack of registration documents, this cannot be proven.
Trading conditions of Global-c Trade
According to this dealing center, its main advantages are:
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Providing access to 1000+ types of assets, including stocks, commodities, currency pairs, indices, etc.
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A wide range of technical analysis tools: over 55 indicators, 3 types of charts
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Fast execution of trading orders, working with major liquidity providers.
Not always the advantages declared by the broker correspond to reality, and experienced traders know this. Therefore, it is very important to study real reviews about Global-c Trade to understand if the company is telling the truth.
Users have the option to open both a demo and a real account. The types of accounts at Global-c Trade are as follows:
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Bronze. $1000
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Silver. $5000
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Gold. $10000
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Platinum. $25000
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Exclusive. $100000.
Execution type: market. This does not depend on which account the client has created. Similarly, all users will have access to leverage up to 1:400, and the Stop Out level is 25%. All traders are promised to be provided with an Islamic account upon request, supposedly one-click trading is available everywhere.
Spreads are floating from 0.01 p. for the first three accounts, fixed – for the two most advanced accounts. Scalping is available to all traders except those who have opened a Platinum or Exclusive account.
As for the trading platform, the following options are available: MetaTrader 4, iOS Trader, Android Trader, Web Trader. According to the broker, all 4 options are available to all clients without exception. That is, you can trade both through a PC using MetaTrader 4 (installed software) or Web Trader (through a browser), and through mobile devices running on iOS or Android.
Deposit and withdrawal from Global-c Trade
Payments are accepted in US dollars, Russian rubles, and euros. The broker says that no additional commissions are charged for depositing funds and withdrawing funds. When making transfers, clients pay directly to the bank or payment system.
Below is a screenshot of a table showing the current payment methods with commissions indicated.
Clients are warned that crediting funds to the account can take up to 5 business days.
Conclusion
British registration, fairly good informativeness of the official website, variety of accounts, the ability to open a demo account, and a wide choice of payment methods are, of course, the advantages of this broker. But there are also plenty of drawbacks, and the main disadvantage is the lack of registration and regulatory documentation, which raises doubts about the reliability of the project and the legality of its operation.
Reviews about Global-c Trade should help make a final decision, and if there are still questions about the advisability of cooperation with this broker, it is necessary to consult with an independent expert.
Global-C Trade is a broker company with a user-friendly interface and decent customer support, though it lacks some advanced features that experienced traders might prefer.