Gerchik & Co vs Trading.com 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 Gerchik & Co and Trading.com
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 3.9/5 | 4.1/5 |
| Foundation Year | 2015 | 2017 |
| Regulated in Countries | Vanuatu | United Kingdom, United States |
| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:100 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Gerchik & Co Review | Trading.com Review |
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Broker Trading.com suits traders looking for low commissions and a convenient platform. Beginner traders may lack analytics and educational materials.
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:
Trading.com Review
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
Reliability
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Reliability | 3.4/5 | 5/5 |
| Foundation Year | 2015 | 2017 |
| Regulated in Countries | Vanuatu | United Kingdom, United States |
| Regulators | VFSC VFSC | FCA FCA NFA NFA CFTC CFTC |
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
Trading.com
Broker Trading.com is reliable, as it is regulated by strict authorities in the UK and the US, ensuring the security of client funds.
Account Opening
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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.
Trading.com
Account opening at Trading.com is fast and convenient.
Account Types
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Account Types | 4/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:100 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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
Trading.com
Trading.com offers several accounts that satisfy most traders.
Pros
- Variety of account types.
- Minimum deposit of $5.
- Protection against negative balance.
Cons
- Lack of ECN accounts.
- No fixed spread accounts.
- No accounts for passive investing.
Commissions
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Commissions | 2/5 | 4.5/5 |
| Spread | from 0 points | from 0.6 points |
| Average Spread (EURUSD) | 0.7 | |
| Commission per Lot | $5 |
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
Trading.com
Trading.com offers low commissions.
Pros
- No commission on trades.
- Tight spreads.
- No swap fees for major currency pairs.
Cons
- Inactivity fee.
Deposit and Withdrawal
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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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.
Trading.com
Trading.com offers convenient and cost-effective deposit and withdrawal methods.
Pros
- No fees for deposit and withdrawal.
- Fast processing of withdrawal requests.
- Multiple available methods.
Cons
- Lack of cryptocurrencies as a payment method.
Markets and Products
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Markets and Products | 4.4/5 | 4/5 |
| Forex | 66 | 55 |
| Precious Metals | 7 | 2 |
| Energy Carriers | 3 | 5 |
| Indices | 14 | 14 |
| Stocks | 296 | 1261 |
| ETF | 21 | - |
| Cryptocurrency | 11 | - |
| Soft Commodities | - | 8 |
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.com
Trading.com offers a diverse range of markets and products.
Pros
- Wide selection of stocks and currency pairs.
- Access to various global markets.
Cons
- Lack of cryptocurrencies.
- Low leverage (max. 1:30).
Trading Platforms
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| Trading Platforms |
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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.
Trading.com
Trading.com utilizes the reliable MT5 platform.
Pros
- Integration with robots and advisors.
- One-click trading, without requotes.
- Wide range of assets and analytical tools.
Cons
- Limited choice of platforms (only MT5).
Analytics
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 5/5 | 3/5 |
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Trading.com
The analytical material set on Trading.com is not impressive.
Pros
- A variety of instruments for American traders.
- Technical analysis and trading signals.
Cons
- Limited set of instruments for the UK.
- Lack of materials for beginners.
Education
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 5/5 | 2/5 |
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Trading.com
The educational materials on Trading.com are sparse and limited, especially for European clients.
Pros
- Availability of video tutorials.
- Guides for traders of different levels.
Cons
- No materials for European clients.
- Insufficient variety.
- Lack of webinars and podcasts.
Customer Support
| Broker | Gerchik & Co | Trading.com |
|---|---|---|
| Rating | 5/5 | 4.3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
YouTube
Telegram
Facebook
Instagram
LinkedIn
TwitterGerchik & 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.
Trading.com
Trading.com's technical support operates 24/5 and offers multiple communication channels.
Pros
- Operates 24/5.
- Fast and competent responses.
- Multiple communication channels.
Cons
- Lack of messengers for quick communication.
