Gerchik&Co Review 2021

Gerchik&Co Review 2021

March 2021
Analysis of the Main Features of the Forex Broker

3.73

Overall rating

3.52

/10

Execution of orders

3.94

/10

Investment instruments

3.58

/10

Withdrawal speed

3.88

/10

Customer Support work

3.36

/10

Variety of instruments

4.1

/10

Trading platform

101

Position
in rating

101

Position in rating

3.73/10
Overall rating

Summary of Gerchik&Co Trading Company

“Gerchik&Co” broker was established in 2014. One of the most famous traders – Mr. Alex Gerchik – acted as co-founder of this company back then. Every single day this broker moves towards achieving its main goal – to provide its own customers with the most profitable trading conditions on Forex.

Attention!

We work exclusively with the accounts opened through Traders Union.

Gerchik&Co Latest Comments 2021

0
6
2

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Gerchik&Co published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

Broker Gerchik & Co sets the Spread and commissions a step higher than that of other brokers. I can't say anything bad about the execution speed, orders are executed quickly. Withdrawals take a long time. According to the regulations, I was supposed to receive the money within two days, but in reality the money was credited to the account after five days.

What happened to the withdrawal from Gerchik & Co? We introduced some additional checks, they ask a bunch of questions during the withdrawal. How is it? A year was with them and here on you, they descended to some humiliating customer checks. Not only have earnings with them dropped by 50% compared to 2019, but it is also getting harder and harder to pick up what you are supposed to.

Well, guys, they detained me $ 400 at gerchik and Co for almost 3 weeks. Checks, checks, then silence from the support service. Then they spat out my money to me and gobbled up the commission! There will be no continuation of work with them

Gerchik & Co is running a scam inside the company. In the beginning, they persuade you to start working with them, and after you have agreed and have already made a couple of transactions (in a minute), they offer you to take the management of your account into your own hands and deduct them 20% for trading. Well, isn't this a scam from a forex broker?

I tried to trade with the broker Gerchik & Co. Both on a mini account and on a simple account. The spread is normal, but the commission but the broker's commission makes this account not competitive. I didn't earn anything, but I gave the broker $ 340 in commission. The account was closed and left Gerchik & Co.

I went to Gerchik's courses and spat farther than I saw. Conversations about nothing, no one teaches you how to trade directly, what points you should pay attention to, how to avoid mistakes, what are the mini-secrets of successful trading ... Well, nothing. All the adverts about what a wonderful forex broker it is and are inviting to join the ranks of the company's clients. All. Money down the drain is shorter

At Gerchik & Co, I have withdrawn profit for a month. I sent an application for withdrawal of money, I received a notification that the application was accepted. Prior to that, it was fully verified. But my application was considered by the company's managers for almost a month. In early December, I applied for a withdrawal of money, and only in January the money was credited to my account.

2 >

Analysis of the Main Features of the Forex Broker

3.73

Overall rating

3.52

/10

Execution of orders

3.94

/10

Investment instruments

3.58

/10

Withdrawal speed

3.88

/10

Customer Support work

3.36

/10

Variety of instruments

4.1

/10

Trading platform

Dynamics of the Popularity of Gerchik&Co
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Geographic Distribution of Gerchik&Co Traders

Trading Conditions for Gerchik&Co Users

Trading platform: MetaTrader 4, MetaTrader 5, Mobile Platforms
Accounts: Easy start for investors, Mini, Simple, Silver, Gold, Platinum
Account currency: USD, EUR
Replenishment / Withdrawal: VISA/MasterCard, Bank Transfer, Skrill, Neteller, ADVCash, WebMoney, Perfect Money, Payeer, Ripple, Bitcoin, Litecoin, Ethereum
Minimum deposit: 100 USD
Leverage: 1:100
PAMM-accounts: No
Min Order: 0.01
Spread: From 0 p
Instruments: Forex, CFDs on Stocks, Cryptocurrencies, Indeces, CFDs on raw materials, CFDs on Metal
Margin call/Stop Out: 100% / 50%
Liquidity provider: No
Mobile trading: Mobile Platforms
Affiliate program: Yes
Orders execution: Market Execution
Trading features: Access to webinars, One-on-one consultations with Gerchik & Co, Algo trading
Contests and bonuses: No

Comparison of Gerchik&Co with other Brokers

Gerchik&Co FxPro XM Group Admiral Markets UK AvaTrade FXTM
Trading
platform
MT4 MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MT4, MT5, MobileTrading, WebTrader
Min deposit $500 $100 $5 $200 $100 $1
Leverage From 1:1
to 1:100
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:1
to 1:1000
Trust management Yes No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 0 points
Level of margin call
/ stop out
1%  /  100% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10% 40%  /  20%
Execution of orders STP Market Execution, Instant Execution Market Execution Market Execution Instant Execution Market Execution, Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes Yes

Broker comparison table of trading instruments

Gerchik&Co FxPro XM Group Admiral Markets UK AvaTrade FXTM
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes No
Crypto Yes Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No No No Yes No No
Options No No No No No No

Contacts

Registration address AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu
Regulation
Contacts

Tags:

Gerchik & Co Gerchik & Co Ltd Gerchik gerchik & Co Gerchik &

The Oldest Reviews of the Gerchik&Co

The reviews by customers of the Gerchik&Co indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Gerchik&Co published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

If someone thinks that with 100 bucks it will work out through Gerchik and Co. to work, he is deeply mistaken. With all the broker's desire to lower the deposit bar, the issue with spreads remained unresolved. They were both huge and remained. So you have to top up more and more and more. And as a result, it turns out that a $ 100 deposit is not enough even for 2 adequate transactions. Be prepared for this. In general, it is better to find an adequate company for trading, Gerchik & Co. is clearly not from this opera.

At Gerchik & Co, I have withdrawn profit for a month. I sent an application for withdrawal of money, I received a notification that the application was accepted. Prior to that, it was fully verified. But my application was considered by the company's managers for almost a month. In early December, I applied for a withdrawal of money, and only in January the money was credited to my account.

I went to Gerchik's courses and spat farther than I saw. Conversations about nothing, no one teaches you how to trade directly, what points you should pay attention to, how to avoid mistakes, what are the mini-secrets of successful trading ... Well, nothing. All the adverts about what a wonderful forex broker it is and are inviting to join the ranks of the company's clients. All. Money down the drain is shorter

I tried to trade with the broker Gerchik & Co. Both on a mini account and on a simple account. The spread is normal, but the commission but the broker's commission makes this account not competitive. I didn't earn anything, but I gave the broker $ 340 in commission. The account was closed and left Gerchik & Co.

Gerchik & Co is running a scam inside the company. In the beginning, they persuade you to start working with them, and after you have agreed and have already made a couple of transactions (in a minute), they offer you to take the management of your account into your own hands and deduct them 20% for trading. Well, isn't this a scam from a forex broker?

Well, guys, they detained me $ 400 at gerchik and Co for almost 3 weeks. Checks, checks, then silence from the support service. Then they spat out my money to me and gobbled up the commission! There will be no continuation of work with them

What happened to the withdrawal from Gerchik & Co? We introduced some additional checks, they ask a bunch of questions during the withdrawal. How is it? A year was with them and here on you, they descended to some humiliating customer checks. Not only have earnings with them dropped by 50% compared to 2019, but it is also getting harder and harder to pick up what you are supposed to.

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FAQs

Do reviews by traders influence the Gerchik&Co rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Gerchik&Co you need to go to the broker's profile.

How to leave a review about Gerchik&Co on the Traders Union website?

To leave a review about Gerchik&Co, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Gerchik&Co on a non-Traders Union client?

Anyone can leave feedback about Gerchik&Co on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Gerchik&Co through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.