gcm forex Alternatives: Pros, Cons, And How It Compares 2024 Update
This alternatives to gcm forex guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to gcm forex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to gcm forex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that gcm forex is not quite right for you then it would be worth getting a virtual account with a few of the top gcm forex alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed review of gcm forex alternatives online
There's a lot of reasons gcm forex may not be a good fit for your trading needs. Whatever reason you are looking for a new gcm forex alternative or gcm forex competitor with better services, comparebrokers.org try to give you as much helpful information so you can make an informed decision. Below you will find the best gcm forex alternatives.
For each of the below alternative to gcm forex, we also highlight the key differences to gcm forex and for each section show you the best alternatives. For every gcm forex alternative trading platform listed we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with gcm forex, find some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a reputable and dependable online broker is important for having a successful trading career. All of the gcm forex alternative platforms shown in this gcm forex alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
gcm forex has a minimum desposit of $250, you should see how the minimum deposit requirements of gcm forex compare with the minimum deposit requirements of gcm forex competitors. Trading platforms often have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t always a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
gcm forex |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
gcm forex offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we detail some of the best alternatives to gcm forex that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
gcm forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
gcm forex does not provide negative balance protection. If your balance is negative, gcm forex suggests that you contact client services. So you can fix any imbalances within your account.
Below we list some of the best alternatives to gcm forex that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
gcm forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
gcm forex regrettably, doesn't provide guaranteed stop loss. gcm forex provides a chance for its traders to close their trades at their given price. Apart from this, gcm forex does not offer guaranteed stop loss.
Below we detail some of the best gcm forex alternatives that have guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
gcm forex |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the terms and conditions of gcm forex don't condone scalping. It is a trading technique that isn't permitted on the broker's platform. You can consult with gcm forex's provisions and conditions to see more about its policies.
Below we detail some of the best alternatives to gcm forex that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
gcm forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
The stipulations of gcm forex do not allow hedging. It's a trading technique that is not permitted on the broker's platform. You can consult with gcm forex's provisions and conditions to read more about its own policies.
Below we detail some of the top alternatives to gcm forex that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
gcm forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, gcm forex offers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we detail some of the best alternatives to gcm forex that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
gcm forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
gcm forex's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we show some of the best gcm forex alternatives that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
gcm forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare gcm forex To All Other Brokers