Clients of GCC Brokers are offered a choice of several account types. The Micro accounts provide fixed spreads and leverage up to 1:400, while the Standard and Swap-free (Islamic) accounts offer floating spread and leverage up to 1:200.

Trading Platform

Instead of the industry’s standard MetaTrader 4 (MT4), this broker supports the MetaTrader 5 platform.

The main advantage of MetaTrader 5 (MT5) over the MT4 is the option it provides for trade on different financial markets, including stock markets, through a single account. In addition, MT5 already features hedging and MetaQuotes keeps making other enhancements to it in an effort to outphase its predecessor.

Conclusion

GCC Brokers is a young forex brokerage supporting the MT5 platform. Its product portfolio may be rich, but the spreads that it offers on its most accessible accounts are high. Nonetheless, in our view the main problem with this broker is the fact that it is registered offshore. Here are, in a nutshell, the pros and cons of GCC Brokers:

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