According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $59
- MetaTrader4
- MetaTrader5
- Trading restricted near news events, copy trading prohibited, swing trading allowed
- Up to 1:50 (standard), up to 1:100 with 10% fee
Our Evaluation of Gerchik&Co
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Gerchik&Co is one of the best proprietary trading firms in the financial market with the TU Overall Score of 8.23 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Gerchik&Co clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the firm’s clients are fully satisfied with the company.
Gerchik&Co’s prop trading model is built around strict rules, phased evaluation, and longer challenge durations. It is suited for traders who follow a systematic approach, have strong risk management skills, and can work within clearly defined parameters.
Brief Look at Gerchik&Co
Gerchik&Co is a brokerage company founded in 2015 that offers services on the international financial market. It is regulated by the VFSC (Vanuatu Financial Services Commission) and the FSC (Financial Services Commission Mauritius), and is a member of FinaCom (The Financial Commission). Gerchik&Co provides access to more than 530 trading instruments, including currency pairs, CFDs on stocks, indices, commodities, and cryptocurrencies via MetaTrader 4 and MetaTrader 5. The firm offers proprietary trading through two-step challenges, with funding ranging from $5,000 to $200,000 and profit payouts of 80%.
- Proprietary trading with a regulated company and investor protection;
- Six starting balance options from $5,000 to $200,000;
- Biweekly profit payouts;
- Traders keep 80% of total profit.
- No scaling plan
- Trading is prohibited three minutes before and after major news releases
TU Expert Advice
Author, Financial Expert at Traders Union
Gerchik&Co provides access to over 530 trading instruments, including Forex, CFDs on stocks, indices, commodities, and cryptocurrencies, through MetaTrader 4 and 5 platforms. With six starting account balance options ranging from $5,000 to $200,000, the firm supports flexible trading via market execution and allows the use of expert advisors and trading bots. This sets up a diverse trading environment suitable for varying strategies, such as algorithmic trading. Advantages include a low entry cost from $59, an 80% profit share for traders, and bi-weekly profit payouts.
Drawbacks include trading restrictions during major news events, no copy trading, and limited mobile trading features due to the absence of a dedicated app. Regulation by VFSC and FSC provides some oversight, although it is less stringent compared to EU or U.S. standards.
Gerchik&Co Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
|---|---|
| 📊 Accounts: | Mission, TradeX |
| 💰 Account currency: | USD, EUR |
| 💵 Deposit / Withdrawal: | SharPay, Volet, bank cards, SEPA, cryptocurrencies |
| 🚀 Minimum deposit: | $59 |
| ⚖️ Leverage: | Up to 1:50 (standard), up to 1:100 with 10% fee |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 lots |
| 💱 EUR/USD spread: | From 0.0 pips |
| 🔧 Instruments: | Forex, indices, CFDs on commodities, cryptocurrencies, stocks and ETFs, metals |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Trading restricted near news events, copy trading prohibited, swing trading allowed |
| 🎁 Contests and bonuses: | Yes |
Upon successfully completing both phases, traders receive a live account with the selected challenge balance. Profits are split 80% to the trader and 20% to the firm. Payouts are made biweekly on Saturdays, as long as at least 14 days have passed since the previous payout.
Gerchik&Co Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Challenge rules and pricing
Gerchik&Co provides access to funding up to $200 000, with challenges requiring at a minimum of 4 trading days. The entry-level plan starts at $59, min but the fee is non-refundable.
- Low entry cost — from $59
- Multiple scaling options
- Flexible trading rules and conditions
- No free evaluation option
- Limited funding — up to $200 000
Gerchik&Co Challenge fees and plans
We compared Gerchik&Co’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.
Available Trading Plans
| Trading Plans | Managed amount, USD | Price, $ | 1 step profit target, $ | 2 - Profit target, $ | Daily loss,% | Max. loss, % |
| Mission |
|
|
|
|
|
|
| TradeX |
|
|
|
|
|
|
What’s the minimum trading period for Gerchik&Co’s challenge?
A minimum of 4 trading days is required, regardless of how quickly you reach the profit target.
Does Gerchik&Co offer a free evaluation?
No, Gerchik&Co does not offer a free evaluation option. If you’re looking for firms that do provide this feature, you may consider exploring other companies that support free challenge models, such as: Funded Trading Plus, Emerge Profit, City Traders Imperium.
Is instant funding available at Gerchik&Co?
No, Gerchik&Co does not offer instant funding. If this option is important to you, consider exploring other firms that provide instant funding models, such as: Hola Prime, Instant Funding, GoatFundedTrader.
Trading rules
Gerchik&Co outlines the main rules for funded accounts, including a max. loss of 8% and a daily loss limit of 5%. The firm also restricts certain trading strategies, which are detailed below.
- No weekend close rule
- Scalping allowed
- Flexible leverage up to 1:50
- Copy trading not allowed
- News trading not allowed
Gerchik&Co trading conditions
We compared Gerchik&Co’s leverage and trading conditions with competitors to help you better understand how it measures up.
| Gerchik&Co | Hola Prime | SabioTrade | |
| Max. loss, % | 8 | 5 | 6 |
| Max. leverage | 1:50 | 1:100 | 1:30 |
| Weekend close rule | No | No | No |
| Mandatory Stop Loss | No | No | No |
| Trading bots (EAs) | Yes | Yes | Yes |
| News trading | No | Yes | Yes |
| Scalping | Yes | No | Yes |
| Copy trading | No | No | No |
Deposit and withdrawal
Gerchik&Co earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.
The deposit and withdrawal options at Gerchik&Co meet most standard requirements and are in line with what many prop firms provide.
- Supports bank wire transfers
- Bank сard deposits and withdrawals
- Weekly payouts
- USDT (Tether) supported
- No on-demand withdrawals
- Wise not supported
- PayPal not supported
Deposit and withdrawal options
To help you evaluate how Gerchik&Co performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.
Gerchik&Co Payment options vs Competitors
| Gerchik&Co | Hola Prime | SabioTrade | |
| Bank Card | Yes | Yes | Yes |
| Bank Wire | Yes | No | No |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
| Wise | No | No | No |
| Payoneer | No | No | No |
| Skrill | No | No | No |
| Neteller | No | No | No |
Profit withdrawal frequency
We compared Gerchik&Co with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.
| Gerchik&Co | Hola Prime | SabioTrade | |
| On demand | No | No | Yes |
| Weekly | Yes | Yes | No |
| Biweekly | No | Yes | No |
| Monthly | Yes | Yes | No |
What base account currencies are available?
Gerchik&Co offers the following base account currencies:
Trading Account Opening
To become a prop trader with Gerchik&Co, participants must purchase and complete a challenge according to the established rules. The account registration process includes the following steps:
On the Gerchik&Co website, navigate to the prop trading section, review the terms, and click “Become Prop Trader.”
Enter your phone number, email, last name, and first name. Generate a password.
In the prop section, choose a challenge, account currency, platform, funding amount, and extras.
Complete the payment to activate the challenge.
In the trader dashboard, you can:
-
Track challenge statistics;
-
Request re-entry;
-
Review payout history;
-
Browse prop trading FAQs;
-
Manage your account, funds, and trading setups.
Regulation and safety
Gerchik&Co is registered in Vanuatu and holds a brokerage license from the VFSC under number 40512, authorizing it to provide securities trading services. The firm is also licensed by the FSC Mauritius (No. GB20025814), permits the provision of full investment services, excluding underwriting.
Trader interests are protected through membership in the FinaCom, which offers independent dispute resolution and compensation of up to €20,000 per claim from its dedicated fund. Gerchik&Co has been a FinaCom member since 2017.
Advantages
- Licensed by both VFSC and FSC
- Compensation of up to €20,000 in case of insolvency through FinaCom
- Independent dispute resolution with binding decisions
Disadvantages
- VFSC and FSC are less stringent than EU or U.S. regulators
- FinaCom’s compensation fund is private and not state-backed
- No protection under national deposit insurance schemes
Markets and tradable assets
Gerchik&Co has a score of 8/10, reflecting a strong variety of markets and assets available for trading.
- Indices available
- Stock trading allowed
- CFDs offered
- Futures not available
- Options not supported
Tradable markets
We compared the range of tradable instruments offered by Gerchik&Co with two leading competitors to highlight the differences in market access.
| Gerchik&Co | Hola Prime | SabioTrade | |
| Futures | No | No | No |
| CFDs | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Options | No | No | No |
| Stocks | Yes | No | No |
| Crypto | Yes | Yes | Yes |
| Indices | Yes | Yes | Yes |
Investment Options
Gerchik&Co offers passive income tools such as TIMA accounts, trading signals, and stock market investments, but only to self-funded traders. For prop accounts, traders must trade independently to prove strategy and risk control. Copy trading is prohibited. Expert Advisors (EAs) are allowed if they follow approved strategies and do not use arbitrage or ultra-fast order execution.
Affiliate Program by Gerchik&Co
Gerchik&Co provides affiliate programs for individuals and businesses seeking to promote its services without direct trading.
Available models:
-
Web Partner: Earn up to 40% of company fees from referred clients. Minimum payout is $1. Suitable for bloggers, traders, site owners, investors, and influencers.
-
White Label: Launch a branded brokerage using Gerchik&Co's infrastructure, including access to MetaTrader 4 and 5, client dashboards, affiliate tracking, liquidity, and legal support. Business setup takes approximately 2–3 months.
All partners receive access to performance statistics, promotional materials (banners, videos, referral links), and training.
Customer support
Support is available Monday to Friday, from 09:00 to 18:00 (UTC+2/UTC+3).
Advantages
- Multiple contact options
- Multilingual support
Disadvantages
- No 24/7 availability
Available Communication Channels:
-
Website chat
-
Email
-
Call center
-
Facebook Messenger
-
Instagram
-
Telegram
Phone numbers for multiple regions are listed on the website.
Contacts
| Registration address | AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu |
|---|---|
| Regulation |
VFSC, FSC
Licence number: 40512, GB20025814 |
| Official site | https://gerchik.co/en |
| Contacts |
+3 705 259 62 16, +44 203 318 42 01, 0 800 210 216
|
Education
Gerchik&Co offers educational resources tailored to traders of all experience levels. Through the company’s website and client dashboard, users can access courses, articles, video tutorials, and interactive tools that cover a wide range of trading topics.
The "Reset" course by Alexander Gerchik delivers hands-on trading instruction based on his two decades of market experience. Additional beginner and advanced-level courses are also available.
Comparison of Gerchik&Co to other prop firms
| Gerchik&Co | FundedNext | Hola Prime | SabioTrade | The5ers | E8 Markets | |
| Trading platform |
MetaTrader5, Match Trader, cTrader | MetaTrader4, MetaTrader5, cTrader | MetaTrader5, Match Trader, DXTrade, cTrader | Exclusive QuadCode trading platform (web, mobile app, desktop) | MetaTrader5 | MT5, Match Trader |
| Min deposit | $29 | $32 | $48 | $119 | $39 | $33 |
| Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:100 |
From 1:1 to 1:100 |
From 1:1 to 1:30 |
From 1:10 to 1:100 |
From 1:1 to 1:50 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0.1 points | From 0.9 points | From 0 points | From 0 points |
| Level of margin call / stop out |
No | No | No | 100% / 50% | No | No |
| Order Execution | Market Execution | N/a | Market Execution | Market Execution | N/a | No |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | No |
Detailed review of Gerchik&Co
Gerchik&Co’s prop trading program lets traders operate with company capital instead of their own. To qualify for a live account, participants must complete a two-phase demo challenge that assesses their ability to manage capital and control risk. Those who pass receive access to real funds and can trade transparently, supported by the credibility of Alexander Gerchik.
Gerchik&Co by the numbers:
-
Trade execution from 1 ms
-
530+ instruments
-
100,000+ clients
-
Alexander Gerchik: 20+ years of experience
Gerchik&Co is a prop firm with flexible and transparent trading conditions
To participate in a challenge, traders must select either MetaTrader 4 or 5 during registration. This choice is final and cannot be changed. News trading is restricted: opening or closing trades is not allowed within three minutes before or after major news releases. However, positions may be held overnight and over weekends.
Leverage can be increased to 1:100 for an additional 10% fee. Accounts are canceled after 30 consecutive days of inactivity. Traders may take up to three challenges at once, with no limit on the number of attempts.
There is also a Scaling Plan. If a trader has a least 10% profit during a 4-month cycle, the deposit amount is increased by 100 thousand US dollars. The maximum limit is USD 2 million.
The Premium Programme and Scaling Plan are two different and independent Programmes. Therefore, it is possible to benefit from both Programmes simultaneously.
Useful features:
-
Free training for prop trading beginners
-
Advanced courses for experienced traders
-
Market analysis for Forex, Crypto, Stocks
-
Educational blog
-
Technical and fundamental analysis, news feed, video insights
Advantages:
Unlimited challenge attempts
Fixed and dynamic drawdown options
Leverage up to 1:100 for 10% fee
Three challenges may run in parallel
Weekend position holding allowed
MT4 and MT5 platforms supported
Latest Gerchik&Co News
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i