GCC Investing is not a safe broker. According to our research, GCC Investing has been suspected in fraudulent actions. The company does not hold any financial licenses, but claims the opposite. Therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
| 🗺️ Registered in | St Vincent & Grenadines |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is GCC Investing safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
GCC Investing is a Forex broker based in Sofia, Bulgaria. Although it is owned by GreenRiver OU in Tallinn, Estonia, but payment processing is done by Mercure Services Ltd, which is based in St Vincent & Grenadines. St Vincent & Grenadines doesn’t have the regulation of Forex activity under its jurisdiction.
They also provide British, German and Bulgarian phone numbers which looks very confusing as the company is not license in Europe. We advise to seal only with the brokers regulated by reliable entities like UK’s FCA, ASIC in Australia (Also Read about ASIC Regulated MEX International Group) and Cysec in Cyprus. Read about other Cyprus based broker Triumph FX Limited.
In order to obtain the STP license from UK’s Financial Conduct Authority, the company would need to pay USD 50,000 and also would need to have USD 100,000 of capital for the STP license aside from client deposits.
We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.
Yet, it is always great to hear your personal opinion about GCC Investing. So you may share your experience or thoughts or discuss them below or ask us for additional information.