Gerchik & Co simplifies account lineup to Zero and Premium
Gerchik & Co, a brokerage firm, has unveiled a major update to its trading conditions, reducing the number of account types from six to just two — Zero and Premium. The new rules will take effect on September 22, 2025. The update is aimed at simplifying choices for clients while making trading more accessible and cost-efficient.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The new structure introduces a Zero account with a minimum deposit of $10 or €10. It is designed for beginners and traders with smaller capital, offering floating spreads with no commission, making market entry easier. The Premium account, starting from $3,000, is geared toward experienced traders and investors, providing lower commissions and faster execution speeds. Existing Zero accounts remain unchanged, while all other plans — Mini, Simple, Silver, Gold, and Platinum — will automatically switch to Premium.
Lower costs, more flexibility
One of the key updates is the introduction of microlots starting from 0.01 on both account types. This gives traders more precise risk management by scaling positions in $0.1 increments. For Premium clients, commissions have been reduced to $8 per lot (down from $10), making large-volume trading more profitable.
Zero account holders will benefit from tighter spreads, which have been reduced by an average of nearly 30%. For example, the EUR/USD spread has been cut from 1.4 pips to just 1 pip, allowing traders to reach profitability faster.
Prop Trading Challenge becomes cheaper
The Prop Trader Challenge commission has also been lowered, from $10 to $8 per lot. This change makes participation more accessible for aspiring prop traders, who can now test their skills at lower costs.
A course toward simplification
The company notes that the update reflects client demand for simplicity and reduced barriers to entry. Minimal deposit requirements, combined with lower trading expenses, open access to the market for beginners while providing optimal conditions for seasoned traders.
With these changes, Gerchik & Co aims to broaden its appeal in the retail trading market by offering a balance of accessibility and competitive execution.
Earlier, Gerchik & Co also introduced an updated bonus program, giving traders up to $3,000 on their initial deposit.
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