gcm forex Alternatives: Pros, Cons, And How It Stacks Up 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 users. If you feel that gcm forex is not quite right for you then it would be worth getting a demo account with a range of the top gcm forex alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete review of gcm forex alternatives online
There's a lot of reasons gcm forex may not be a good fit for you. For whatever reason you are hunting for the best gcm forex alternative or gcm forex competitor with similar services, comparebrokers.org will always try to give you as much helpful information so you can make an informed choice. Below you can find the top gcm forex alternatives.
For each of our alternative to gcm forex, we also highlight the key differences to gcm forex and for each section show you the best competitors. For each gcm forex alternative online trading platform listed we also have detailed trading platform 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 not happy with gcm forex, discover some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable broker is crucial to having a successful trading career. All of the gcm forex alternative brokers we list in this gcm forex alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
gcm forex has a minimum desposit of $250, you can check how the minimum deposit requirements of gcm forex compare with the minimum deposits of gcm forex competitors. Brokers offer lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
gcm forex |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
gcm forex offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to gcm forex that has virtual portfolio 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 doesn't provide negative balance protection. If your balance is unfavorable, gcm forex indicates you promptly contact client services. Then you are able to fix any imbalances in your own account.
Below we list some of the best alternatives to gcm forex that have 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 unfortunately, does not provide guaranteed stop loss. gcm forex provides an opportunity for its traders to close their trade in their given price. Aside from that, gcm forex does not provide guaranteed stop loss.
Below we detail some of the best gcm forex alternatives that offer 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 do not condone scalping. It is a trading technique that isn't allowed on the agent's platform. You have to consult with gcm forex's terms and conditions to see more about its policies.
Below we detail some of the top alternatives to gcm forex that allow 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 terms and conditions of gcm forex don't allow hedging. It is a trading technique which isn't allowed on the agent's platform. You should consult with gcm forex's provisions and conditions to see more about its policies.
Below we list some of the top alternatives to gcm forex that allow hedging services to their user 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. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we list some of the best alternatives to gcm forex that has 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. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we show some of the best gcm forex alternatives that offer copy trading to their users
| 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