Brokers  /  GCMAsia

GCMAsia

Severe risk
🇦🇺 Australia · 5-10 years · since 2020-11-19 · Fortrade Limited.
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFortrade Limited.
Headquarters🇦🇺 Australia
Founded2020-11-19
Years operating5-10 years
Employees0
Official websitegcmasia.tech
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Michelin House, 81 Fulham Road, London. SW3 6RD.

Regulation & licenses · 3

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making (MM)493520Australia
FCAMarket Making (MM)609970United Kingdom
NBRBForex Trading License (EP)193075810Belarus

Review analysis AI

There aren’t enough independent reviews for GCMAsia yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

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About GCMAsia

GCMAsia is a forex and CFD broker based in Australia, with records dating to 2020-11-19. It reports oversight from ASIC, FCA, NBRB.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full GCMAsia review