Wikilix
Licence record

GCM ASIA: ASIC licence 493520

Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by Australia Securities & Investment Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Aug 3, 2026

Licence Verification Record

Australia Securities & Investment Commission 493520

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
GCM ASIA
Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Licence type
Market Making(MM)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/gcm-asia/licenses/australia-securities-and-investment-commission/493520Fields on file 2 / 11

Open GCM ASIAAll GCM ASIA licencesAbout ASIC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Australia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
493520
Licence type (Wikilix classification)
Market Making(MM)
The authority

About ASIC

Australia Securities & Investment Commission is the authority that issued this licence, and the jurisdiction it applies in is Australia.

Full name
Australia Securities & Investment Commission
Jurisdiction
Australia
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1998
Oversight
A government or statutory body
Firms we track under it
144 firms
Regulates
Forex, Stocks, Fund, Options, Derivatives, Securities
Licences it issues
AFSL – OTC Derivatives (Principal Dealer & Agency)
Typical cost of a licence
AUD 50000-100000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

ASIC's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28
This describes the authority's regime, not how GCM ASIA applies it.
The holder

Who holds this licence

The licence above is recorded against GCM ASIA. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
GCM ASIA
Based in
United Kingdom
Wikilix score
54.6the firm’s overall score, not a rating of this licence

Wikilix has flagged GCM ASIA as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences GCM ASIA holds

2 other licences are on record for GCM ASIA.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
GCM ASIA offers a maximum leverage of up to 100:1 and provides trading in Forex and CFDs. The broker does not charge commissions and does not offer ECN or no-swap accounts according to the available data.
GCM ASIA supports various deposit methods including credit/debit cards, e-wallets like WeChat Pay and Alipay, bank transfers, and cryptocurrency payments such as BitPay. The minimum deposit amount is generally 100 USD, though a recommended minimum of 500 USD applies for some methods. Withdrawal delays and issues have been reported.
GCM ASIA provides access to the MetaTrader 4 platform, which is available on desktop, web trader, and mobile devices. MetaTrader 4 is a widely used platform known for advanced charting, automated trading via Expert Advisors, and reliable execution.
GCM ASIA holds market making licenses in the United Kingdom, Belarus, and Australia, regulated by FCA, NBRB, and ASIC respectively. The FCA and ASIC are tier 1 regulators with high transparency and client fund protection, while NBRB is a tier 3 regulator with medium transparency. GCM ASIA is marked as a suspicious clone, so users should exercise caution.
Licence 493520 was issued by Australia Securities & Investment Commission (ASIC), the financial authority for Australia.
GCM ASIA holds this ASIC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the ASIC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates ASIC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
GCM ASIA has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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