GC Option Review 2025

Pros

• GC Option is unique as a binary options broker, providing access to MT4 but only to Gold status traders.
• GC Option provides reliable and quick 24/7 support with response times under 2 minutes, and a responsive live chat service, based on multi-year testing.
• The complimentary demo account that comes with $10,000 in virtual finances is great for understanding binary options, including the broker's unique double touch binaries that most brokers don't offer.

Cons

• Even with over 15 years of experience and association with the Grand Capital brand, GC Option is yet unregulated. This leaves investors with very few safeguards.
• The $10 minimum deposit is relatively low. However, over half of the withdrawal options come with a charge. Many of these involve cryptocurrencies or banking options in Africa and India.
• GC Option offers a limited variety of around 30 tradable assets including currencies, cryptocurrencies, and commodities. However, it does not provide any stock options, which is an area that needs improvement.

GC Option, a binary options broker, offers trading via MetaTrader 4 and two exclusive WebTrader terminals. Users can earn up to 86% payouts with trades starting at $1. This review covers minimum deposits, account types, and available assets. Learn how to execute a binary options trade on the GC Option platform with our expert insights.

Company Details

GC Option, established in 2012 and based in Saint Vincent and the Grenadines, is a binary options broker linked to Grand Capital. It provides straightforward binary options for 30 popular assets, like currency pairs, precious metals, and cryptocurrencies. Traders pick an asset, select expiry time, decide on an investment amount, and predict the price movement (call or put). New users can start with three live accounts, gaining better tools, signals, and refunds on losses as they advance. A practice account with $10,000 is available for those new to trading.

Trading Platforms

GC Option provides three platforms: MetaTrader 4 (MT4) and two proprietary platforms, WebTrader Classic and WebTrader Pro.

Gold and VIP account holders can access all platforms, while Silver can only use WebTrader Classic.

MetaTrader 4

Free to download on desktop, MT4 is also accessible via web browsers and mobile apps for iOS and Android. It offers advanced technical indicators, with 30 built-in options and 23 analytical objects, making it ideal for experienced traders. Although not typically used for binary options, MT4 has a vast library of custom add-ons.

WebTrader

GC Option’s WebTrader platforms work online without downloads. We found them fast, stable, and easy to navigate. WebTrader Pro stands out with its advanced features and user-friendly design, offering:

• One-click trading
• TradingView charts
• Custom timeframes
• Market watch tools
• Instrument comparison
• Breakout and double-touch options
• Seven chart types with drawing tools
• Over 70 technical indicators like ATR, MACD, and RSI

How To Trade Binary Options

Trading binary options with GC Option is simple:

1. Register and log in to your account
2. Download MT4 or open the WebTrader platform
3. Select your desired asset or market
4. Set investment amount starting from $1
5. Choose expiration time (1 minute to 48 hours)
6. Decide on the price direction (up or down)
7. Check potential payout and loss
8. Confirm the trade

Assets & Markets

GC Option enables trading in binary options across 30+ assets, including two precious metals: Gold and Silver. It offers over 25 currency pairs like EUR/GBP, GBP/USD, and CAD/JPY, along with eight crypto USD pairs like Bitcoin and Ethereum. Note that trading is limited to binary options at GC Option. For traditional investment options like leveraged CFDs, consider their partner, Grand Capital.

Contract Specifications

• Nil – 0% (cancelled)
• Loss – Full investment lost
• Duration – Every five minutes
• Minimum Time – 1 minute
• Maximum Time – 48 hours
• Win – Up to 86% (details below)

You can close contracts early if predictions go sour or returns turn negative, with a typical 20% refund.

Payouts Explained

GC Option offers payouts up to 86%. Major pairs like GBP/USD, EUR/GBP, and USD/CAD have 85% payouts, with EUR/USD offering an 86% payout. Minor pairs like EUR/CHF feature 80% payouts. Metals and cryptocurrencies have lower payouts, around 60%. While competitive, some brokers like IQ Option provide 100%+ payouts.

GC Option Fees

GC Option doesn’t charge commission fees for opening a binary options trade. Your only cost is the initial investment. Withdrawal fees do apply—check the ‘Payment Methods’ section for more details.

Mobile App

GC Option lacks its own mobile app. However, its trading platforms are accessible on mobile devices. WebTrader is challenging for graphs and new orders on small screens, but works for account management and quick trades. MetaTrader 4 is available as a mobile app for iOS, Android, and Huawei, offering desktop features like one-click trading and customizable charts.

Payment Methods

GC Option provides various local and established payment options. The Silver profile requires a minimum $10 deposit.

Bank Wire Transfers

• help2pay – VND, IDR, THB, MYR; 15-minute processing; 3% fee
• Ngan Luong – VND, USD; 3-5 days processing; 2.5% fee
• FNB Namibia – NAD; 3-5 days; bank fees
• Bank Windhoek – NAD; 3-5 days; bank fees
• GTBank Nigeria – NGN, USD; 3-5 days; 52.50 NGN fee

Bank wire withdrawals take 3-5 days. Up to 1% commission and help2pay incurs a charge.

Credit/Debit Cards

• MasterCard, Maestro – USD, RUB; 15-minute processing; no Grand Capital fees

Card withdrawals may take three days, with a fee of 3-4.5%.

Cryptocurrencies

• Bitcoin, Ethereum, ERC20, TRC20 – Processing times depend on blockchain, no fees

Cryptocurrency withdrawal fees and times vary with blockchain.

Electronic Payment Systems

• Grow Pay – USD; 15-minute processing; no Grand Capital fees
• ChipDeals MoMo – XAF; 15-minute processing; no Grand Capital fees
• PaylivreGateway – USD; 15-minute processing; no Grand Capital fees
• FasaPay – USD, IDR; 15-minute processing; no Grand Capital fees
• Perfect Money – USD, EUR; 15-minute processing; no Grand Capital fees
• PayTrust – IDR, THB, MYR, VND; 15-minute processing; no Grand Capital fees

Electronic withdrawals can take up to three days, with fees up to 1.5%.

Demo Account Review

GC Option offers a demo account for risk-free trading practice with $10,000 in virtual funds. This helps you learn platform features before using real money. You can open and close positions, view live quotes, and use signals and analysis tools.

WebTrader Classic

MT4 access is unavailable on the demo account; it’s for real-money trading with Gold or VIP status.

Deals & Promotions

GC Option offers a ‘Risk-Free Trading Day’ promotion. Investors can choose one trading day in 31 days to recover losses, up to $10,000 as a bonus. Bonus and deposits are withdrawable only after trading volume exceeds the bonus 40 times.

Regulation & Reputation

GC Option, part of the well-known Grand Capital Group, is based in Saint Vincent and the Grenadines. It isn’t regulated by a trusted authority, which is common in the binary options market due to strict regulations. This connection suggests legitimacy for this trading broker.

Additional Features

GC Option lacks educational resources, like platform guides and trading tutorials for beginners.

Supported Strategies

The platform supports breakout and double-touch strategies. The breakout strategy identifies price levels that may break, with trades possible in both directions. The double-touch strategy sets price barriers for assets, where prices might hit before expiration.

Account Types

GC Option provides three live accounts: Silver, Gold, and VIP. Account types are determined by your balance, from $10 to $300. Larger investments unlock more services and resources.

Silver

• Free analysis
• WebTrader Classic only
• Min deposit: $10

Gold

• Free analysis
• Trading signals
• Min deposit: $100
• Access to WebTrader Classic, WebTrader Pro, and MT4

VIP

• EAs
• Free analysis
• Trading signals
• Personal analyst
• Min deposit: $300
• 10% refund on unsuccessful trades
• Access to WebTrader Classic, WebTrader Pro, and MT4

To open a GC Option account, click the ‘sign in/register’ icon at the top right of any webpage. Provide your name, email, and contact number to receive password details by email. Upload identity documents and choose your account status for better trading conditions.

Trading Hours

GC Option allows trading binary options from 1 AM to 11 PM, Monday to Friday. The platform operates on GMT+2 and GMT+3 during daylight saving time. Check the contract specifications page on their website for updates on trading times.

Customer Service

GC Option provides 24/7 multilingual support via live chat. You can also reach this broker Monday to Friday, 6 AM – 6 PM GMT, through:

• Phone – +1 646 844 7187
• Email – support@grandcapital.net

Connect with GC Option on social media like Twitter and Facebook for FAQs and updates.

Security & Safety

GC Option provides robust security features, such as two-factor authentication for account login. It complies with AML and KYC protocols, requiring identity verification to access all trading services and make withdrawals.

GC Option Verdict

GC Option is a beginner-friendly broker known for its diverse contract expiries and competitive payouts. It boasts a solid 15-year history as a spin-off from the Grand Capital forex broker. Access to MetaTrader 4 distinguishes it in the trading arena.

Alternatives To GC Option

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