Exness vs Gerchik & Co Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Exness and Gerchik & Co
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 4.3/5 | 3.9/5 |
| Foundation Year | 2008 | 2015 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Vanuatu |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Exness Review | Gerchik & Co Review |
Exness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Exness Review
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
Exness is in the top 10 of the following ratings:
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
Reliability
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Reliability | 5/5 | 3.4/5 |
| Foundation Year | 2008 | 2015 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Vanuatu |
| Regulators | FCA FCA SFSA SFSA FSCA FSCA FSC FSC BVIFSC BVIFSC CySEC CySEC CBCS CBCS CMA CMA | VFSC VFSC |
Exness
The reliability of Exness broker is confirmed by multiple licenses.
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
Account Opening
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Exness
The account opening process at Exness is simple and accessible.
Pros
- Minimum deposit of just 10 USD.
- Simple and fast registration process.
- Verification within 24 hours.
Cons
- Lack of Russian language support.
- Restrictions for residents of certain countries.
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
Account Types
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Exness
Exness offers a variety of accounts that meet the needs of most traders.
Pros
- Wide selection of accounts for different types of traders.
- Options with low and zero spreads.
- Accounts for beginners and professionals.
Cons
- Absence of fixed spread accounts.
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
Commissions
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Commissions | 3.5/5 | 2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1 | |
| Commission per Lot | $3.5 | $5 |
Exness
Exness offers average market commissions with some advantages in swaps and no inactivity fees.
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
Deposit and Withdrawal
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
|
|
Exness
Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.
Pros
- Instant 24/7 fund withdrawal.
- Low or no commission fees.
- Funds credited within 30 minutes.
Cons
- No bank transfers.
- Absence of cryptocurrencies as a payment method.
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
Markets and Products
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Markets and Products | 4/5 | 4.4/5 |
| Forex | 95 | 66 |
| Precious Metals | 15 | 7 |
| Energy Carriers | 3 | 3 |
| Indices | 10 | 14 |
| Stocks | 98 | 296 |
| Cryptocurrency | 11 | 11 |
| ETF | - | 21 |
Exness
Exness offers a variety of markets, but with a limited selection of products.
Pros
- 95 currency pairs.
- Variable leverage options.
- Access to CFDs on stocks and metals.
Cons
- No soft commodities.
- Average number of available CFDs.
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
Trading Platforms
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
Exness
Exness offers a variety of platforms that meet the needs of different traders.
Pros
- Availability of a mobile application.
- Web platform without the need for installation.
- Support for popular MT4 and MT5.
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
Analytics
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
Exness
Exness offers a variety of analytical tools suitable for different strategies.
Pros
- News from Dow Jones.
- Reviews from Trading Central.
- Personalized economic calendar.
Cons
- Lack of analytics from own experts.
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Education
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 2/5 | 5/5 |
Exness
Exness's educational materials are limited to the Help Center section, without additional resources.
Pros
- Answers to popular questions.
Cons
- Lack of webinars and video tutorials.
- Shortage of comprehensive materials.
- Not suitable for in-depth learning.
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Customer Support
| Broker | Exness | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
LinkedIn
Twitter
YouTube
Skype
Telegram
Facebook
InstagramExness
Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.
Pros
- 24/7 support in major languages.
- Multiple channels of communication (chat, email, phone).
- Global presence with offices in different countries.
Gerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
