SmartProfitFX vs Gerchik & Co

Account types and setup

• Gerchik & Co official account page lists two trader account types: Zero and Premium.
• Zero account is described for beginner traders and clients with smaller deposits.
• Zero account lists minimum deposit 10 USD/EUR, trading account currency USD/EUR, MT4/MT5 platform access, 0.01 minimum lot, market execution and algorithmic trading allowed.
• Zero account lists maximum leverage 1:500 in MT4 and 1:500 in MT5, Forex fee 0 USD per lot, floating Forex spread from 1.0 point, limit/stop level 0 points, margin call 100% and stop out 50%.
• Premium account is described for professional conditions, larger volumes and professional traders/investors.
• Premium account lists minimum deposit 3,000 USD/EUR, trading account currency USD/EUR, MT4/MT5 platform access, 0.01 minimum lot, market execution and algorithmic trading allowed.
• Premium account lists maximum leverage 1:500 in MT4 and 1:500 in MT5, Forex fee 8 USD per lot, floating Forex spread from 0.0 points, limit/stop level 0 points, margin call 100% and stop out 50%.
• Account page says both accounts include educational-material access, Risk Manager solution and Islamic account availability.
• Zero account external balance top-up benefits are shown at thresholds including bonuses up to 2,000 USD when available, Trader Statistics from 1,000 USD and Real Market Volume Indicator plus EA from 2,000 USD.
• Premium account includes Trader Statistics online log and Real Market Volume Indicator plus EA in the checked account copy.
• MT4 position accounting is hedge; MT5 position accounting can be hedge or net according to the account page explanation.
• Demo account page says demo accounts are similar to live accounts for spreads, fees and minimum lot sizes, but demo balances are not live funding terms.
• Account copy should keep prop-trading challenge marketing separate from broker account terms.

Pricing, spreads and commissions

• Gerchik & Co homepage says spreads start at 0 pip and Zero is the commission-free account.
• Zero account lists Forex floating spread from 1.0 point and 0 USD fee per Forex lot.
• Premium account lists Forex floating spread from 0.0 points and 8 USD fee per Forex lot.
• Homepage live-spread snippets show EUR/USD, AUD/CAD and GBP/USD examples near 0.00, but account rows are the safer source for structured account pricing.
• Leverage page says account leverage depends on equity in the account, starting from 1:500 for 0.01 to 1,000.00 and stepping down as equity increases.
• Leverage page lists 1:400 for 1,000.01 to 3,000.00, 1:300 for 3,000.01 to 10,000.00, 1:200 for 10,000.01 to 100,000.00 and 1:100 from 100,000.01 and above.
• Leverage page says when account equity moves to a new leverage tier the leverage automatically decreases, while if equity decreases leverage stays the same.
• Leverage page says the account leverage level only affects margin calculations for Forex symbols.
• Leverage page says leverage may be reduced before important news releases and weekend/news-release leverage levels may apply.
• Leverage page says detailed dynamic leverage applies to all trading account types except Prop Trading, for which specific prop margin requirements apply.
• Notice of Risks says margin financial instruments can bring opportunities but carry a potentially high risk of losses.
• Pricing copy should state account rows and leverage tiers as current official page terms, not guaranteed execution outcomes.
• Zero account lists fees per 1 Forex lot as 0 USD.
• Premium account lists fees per 1 Forex lot as 8 USD.
• Deposit/withdrawal page says Gerchik & Co does not charge fees for replenishments and withdrawals; the payment system charges the fees.
• Deposit/withdrawal page says Mastercard and Visa replenishment expenses are 2.8%.
• Deposit/withdrawal page says SharPay and Volet replenishment expenses are 0%.
• Deposit/withdrawal page says SEPA replenishment expenses are 5 EUR plus 0.15%.
• Deposit/withdrawal page says Bitcoin, Litecoin, Ethereum, Tether and USDC replenishment expenses are 0.75%.
• Withdrawal page says SharPay withdrawal expenses are 0%, Volet withdrawal expense is 0.5%, SEPA withdrawal expense is equivalent amount 20 EUR, and crypto withdrawals use blockchain commission.
• Funding expenses should not be mixed with trading commissions because account commissions are per Forex lot while funding expenses are payment-system costs.
• Customer Agreement should be checked before funding because the deposit/withdrawal notes point to clauses on third-party payments and proportional same-method withdrawals.

MT4, MT5 and Gerchik tools

• Gerchik & Co account pages list MetaTrader 4 and MetaTrader 5 for both Zero and Premium accounts.
• MT5 page says MetaTrader 5 is available for Windows, Mac, iOS, Android and WebTerminal.
• MT5 page says installing MetaTrader 5 gives access to all Gerchik & Co instruments, including 100+ currency pairs and 1560+ CFDs on stocks, indices, ETFs, cryptocurrency, metals and commodities.
• MT5 page lists 21 timeframes, 6 types of pending orders, 44 graphic objects and 38 built-in indicators plus unlimited user indicators.
• MT5 page says MT5 includes an economic calendar and built-in MQL5.community chat.
• MT5 page says MT5 supports both netting and hedging position accounting systems.
• MT5 page highlights a multi-threaded strategy tester and algorithmic trading/Expert Advisor creation and testing.
• MT5 page describes Real Market Volume as a Gerchik & Co customer-only Expert Advisor/indicator set for critical levels, volume, power balance and stop-loss/take-profit areas.
• Account rows say algorithmic trading is allowed.
• MetaQuotes Signals page says automatic trade copying is available through MetaTrader 4 and MetaTrader 5 using MQL5.com registration.
• Platform copy should not overstate proprietary platform development; the checked official source set centers on MT4, MT5 and Gerchik add-ons.

Markets and instruments

• Gerchik & Co homepage says execution speed can be as low as 1 millisecond and trading assets total 1560+.
• Homepage lists 103 currency pairs, 105 CFDs on cryptocurrencies, 14 indices, 1336 CFDs on stocks and ETFs, 3 CFDs on commodities and 7 CFDs on metals.
• MT5 page says all trading instruments include 100+ currency pairs and 1560+ CFDs on stocks, indices, ETFs, cryptocurrency, metals and commodities.
• Homepage says large selection of trading instruments covers currency, commodity and stock assets.
• News article states Gerchik & Co offers more than 1,500 trading instruments, but home/account pages are preferred for stable evergreen page copy.
• Account rows list Forex-specific fees/spreads, so product categories beyond Forex should be checked in the platform and asset specifications for their own costs.
• Leverage page says account leverage affects Forex margin calculations; symbol-specific leverage depends on open-position nominal value for some groups.
• Weekend and news-release leverage reductions can affect instrument margin requirements.
• Deposit/withdrawal page says Gerchik & Co is not engaged in cryptocurrency exchange services despite accepting crypto-related payment flows.
• Market copy should distinguish CFDs on cryptocurrencies from actual cryptocurrency exchange services.
• The Notice of Risks covers CFD and Forex activity as higher-risk financial-market trading.

Regulation and entities

• Gerchik & Co legal information page lists Gerchik & Co Limited, registration number 40512, country of registration Vanuatu and legal address AJC, Govant Building, Kulum Highway, Port Vila, Vanuatu.
• Legal information page says Gerchik & Co Limited holds Dealing in Securities License (Brokerage Services) No. 40512 issued by Vanuatu Financial Services Commission.
• VFSC official financial dealers licensee list confirms Gerchik & Co Limited, company number 40512, classes A and C, status Active and date of license 30-Dec-22 in the checked PDF/list result.
• Legal information page also lists GERCHIK & CO. MU LIMITED, registration number 177547, Mauritius, with Investment Dealer license full service excluding underwriting No. GB20025814 issued by Financial Services Commission Mauritius.
• Mauritius FSC official site provides a register-of-licensee page, but the search performed in this run did not return an independent FSC Mauritius register row for GB20025814, so Mauritius licence wording should be presented as Gerchik-stated unless directly verified.
• Legal information page names financial service providers including J.B. Finance LLP at Suite 6070, 128 Aldersgate Street, Barbican, London, England, EC1A 4AE.
• Legal information page also lists WHITE HEAVEN SIA and Gerchik & Co Consulting OU in a financial-service-provider section for the broader group.
• Homepage footer lists Gerchik & CO Limited legal address in Vanuatu and physical address Dauphine Street, Numbatu area, Port-Vila, Efate Island, Vanuatu.
• Legal information page says Gerchik & Co Group of Companies is certified through VerifyMyTrade and provides 5,000 trades monthly for comparison with broker/liquidity-provider indicators.
• VerifyMyTrade evidence should be treated as execution-quality/compliance-service wording, not as financial regulation.
• The page should keep Vanuatu VFSC and Mauritius FSC entities separate and not imply the same licence applies to every client.
• SmartProfitFX is an account-opening option powered by Eightcap, not the regulated broker.

Eligibility restrictions

• Mobile application agreement says the user is an individual who has reached age 18.
• KYC policy source snippets state customer due diligence applies and mention residents of countries whose legal systems are inconsistent with FATF AML/CFT principles.
• Deposit/withdrawal page says payments are not accepted from any third party whatsoever under Customer Agreement clause 3.7.
• Deposit/withdrawal page says withdrawals should go to the same bank/e-payment account used for replenishment, applying a proportional withdrawal principle where relevant.
• Deposit/withdrawal page says recipient name must match the customer name in the company database.
• Payment-card transactions require card verification.
• Withdrawal to a new card is available only after card verification through balance-account replenishment starting at 1 USD or 1 EUR.
• Deposit/withdrawal page notes replenishment and withdrawal in USD through bank transfer is currently unavailable.
• Deposit/withdrawal page says requests are reviewed during business hours only.
• Legal/account pages do not provide a concise reader-facing country-ban list in the checked English source set, so page copy should not invent restricted countries.
• SmartProfitFX FAQ says USA is not allowed, so the SmartProfitFX side is not a US account-opening guide.
• Eligibility should be checked in the personal account/KYC flow and current legal documents before funding.

Funding and withdrawals

• Deposit/withdrawal page says business hours are 9:00 AM to 6:00 PM UTC+3 with Saturday and Sunday off.
• Mastercard replenishment supports USD/EUR, expense 2.8% and crediting up to 1 business day.
• Visa replenishment supports USD/EUR, expense 2.8% and crediting up to 1 business day.
• SharPay replenishment supports USD/EUR, expense 0% and instant crediting.
• Volet replenishment supports USD/EUR, expense 0% and instant crediting.
• SEPA bank transfer replenishment supports EUR, expense 5 EUR plus 0.15% and crediting 2 business days from the date money is credited to the company account.
• Bitcoin, Litecoin, Ethereum and Tether replenishment support USD/EUR, expense 0.75% and crediting up to 1 business day.
• USDC replenishment supports USD/EUR, expense 0.75% and crediting within 1 banking day.
• SharPay withdrawal has 0% expense, 1 USD/EUR equivalent minimum, no maximum and 2 business day request processing.
• SEPA withdrawal has 20 EUR equivalent expense, 100 EUR equivalent minimum, maximum according to legislation of the client country and within two business days processing.
• Volet withdrawal has 0.5% expense, 1 USD/EUR equivalent minimum, no maximum and within two business days processing.
• Bitcoin, Litecoin and Ethereum withdrawals use blockchain commission, minimum 100 USD, no maximum and within two business days processing.
• Tether and USDC withdrawals use blockchain commission, minimum 15 USD, no maximum; USDC processing is within 1 banking day according to the table.
• Deposit/withdrawal page says withdrawals to bank cards are temporarily unavailable due to technical issues.
• Deposit/withdrawal page says card withdrawals are possible only to the card used for replenishment and after verification.
• Deposit/withdrawal page says bank-card credits may take from 1 to 14 days according to payment-system terms.
• Deposit/withdrawal page says crypto deposit amounts may be recalculated because of high volatility and withdrawal uses the payment provider exchange rate.
• Deposit/withdrawal page says Gerchik & Co does not charge customers commission for depositing and withdrawing funds in Forex; fees are those of banks or payment systems.

Risk disclosures

• Homepage and legal pages include a risk statement warning that trading marginal financial instruments in financial markets involves increased risk and can result in loss of investment funds.
• Risk statement says traders should ensure they are fully aware of all risks and have relevant and sufficient knowledge and experience required for Forex trading.
• Notice of Risks says all categories of clients and partners must read the notice before financial settlements under customer or partnership agreements.
• Notice of Risks says risks mean potential financial losses and every participant working with CFD and/or Forex must understand this activity includes an increased degree of risk.
• Notice of Risks says margin financial instruments can offer high-return opportunities but carry a potentially high level of losses.
• Notice of Risks says it may not contain all information about every possible risk because situations vary.
• Notice of Risks says foreign-exchange operations and investment activity are acceptable only for those who understand and acknowledge the hazards associated with such activity.
• Customer Agreement source snippet says Gerchik & Co Limited is a regulated international broker with VFSC licence 40512.
• Customer Agreement source snippet says under the licence the company has the right to trade in financial and commodity derivatives, basic derivatives and other securities.
• Customer Agreement definitions include storage as a fee for leaving a position open overnight.
• Customer Agreement definitions include hedged margin required by the company to open and maintain locked positions.
• Leverage page shows leverage can decrease as equity rises and may be reduced for news/weekend periods, so 1:500 headline leverage should be treated as conditional and risky.
• Deposit/withdrawal notes say transaction timing may be reduced or increased by factors beyond the company reasonable control.
• CFDs on cryptocurrencies should not be confused with Gerchik & Co acting as a cryptocurrency exchange because the funding page disclaims exchange-services activity.
• Risk copy should not present Risk Manager, VerifyMyTrade, negative marketing language or educational tools as eliminating trading losses.

• You specifically want Zero or Premium account terms from Gerchik's official account table.
• You have checked whether the Vanuatu or Mauritius entity applies to your account.
• You want MT4/MT5, Risk Manager, Real Market Volume and detailed payment-rail information.
• You accept leveraged CFD/Forex risk and verify live costs, leverage tier, funding route and legal documents before funding.