GC Option Review 2023

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GC Option is #9 in our rankings of binary options brokers.

GC Option Facts & Figures

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

  • MetaTrader 4 and proprietary WebTrader platforms
  • Spin-off brokerage of reputable Grand Capital
  • Low minimum deposit requirement of $10
  • Double-touch binaries available
  • 30 popular trading assets
  • No commission fees
  • Free demo account
  • Payouts up to 86%
  • 24/7 live chat
  • Poor regulatory oversight reducing safety score
  • Withdrawal fees for some payment methods
  • Limited educational resources
  • No binaries on stocks
  • No copy trading
Instruments Binary Options on Forex, Metals and Cryptos
Demo Account Yes
Min. Deposit $10
Min. Trade $1
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
DMA Account No
ECN Account No
Social Trading No
Copy Trading No
Auto Trading Expert Advisors (EAs) on MetaTrader
Signals Service Yes
Mobile Apps iOS, Android + Huawei
Islamic Account No
  • Gold
  • Silver
Forex Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app.
GBPUSD Spread Variable
EURUSD Spread Variable
GBPEUR Spread Variable
Assets 25+
Cryptocurrency Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
Spreads Variable
Crypto Lending No
Crypto Mining No
Crypto Staking No
Auto Market Maker No
Binary Options GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.
Expiry Times 1 minute - 48 hours
Payout Percent 86%
Ladder Options No
Boundary Options Yes
Risk Warning – Your Capital is at risk

GC Option is a dedicated binary options broker with 86% payouts. Users can trade on the brand’s WebTrader Classic and Pro platforms, plus MetaTrader 4. Contract lengths range from 1 minute to 48 hours and traders can speculate on currencies, metals, and cryptos.

Our experts tested GC Option to help you decide whether to sign up with an account. Our review unpacks binary options contract specifications, from minimum trades and payouts to early closures.

GC Option Headlines

GC Option is part of Grand Capital, a global forex and CFD broker. The 15-year old company has over 750,000 clients worldwide and has picked up awards for its competitive trading conditions.

GC Option offers straightforward binary options. Clients simply decide whether the price of a security will rise or fall, with 30 assets available. If traders are correct, they receive a fixed payout, while incorrect predictions will mean foregoing the original stake.

New users can get started with a $10 minimum deposit and the broker accepts bank cards, wire transfers, electronic payment methods, and cryptocurrencies. The minimum trade size is also just $1, making the brand popular with beginners.


GC Option offers 30 assets spanning forex, metals, and digital currencies. This includes majors like EUR/USD and GBP/USD, cryptos like BTC/USD and ETH/USD, plus gold and silver.

It is worth noting that this is a relatively limited list of underlying assets. Some competitors, such as Pocket Option, offer over 130 products.


Our experts found that the highest payout available is 86%, offered on EUR/USD. The remaining majors are available up to 85% while minors are offered at 80%. Payouts on metals and digital currencies are 60%.

Again, it’s worth noting that some binary options brokers offer higher payouts, including Quotex.

Other Contract Specifications

Contract expiries range from 1 minute to 48 hours, though it varies between supported trading platforms.

When we used GC Option, we were pleased to see an early closure feature. This means traders can get a refund of around 20% if they see their trade is going to finish out-of-the-money.

Trading Platforms


GC Option’s WebTrader Classic and Pro platforms are available via all major web browsers.

The web platforms are easy to use and suitable for beginners. The terminals offer one-click trading, charts from TradingView, more than 70 technical indicators, plus a market watch feature and a tool for comparing instruments.

GC Option review

WebTrader Pro

The Pro platform supports more advanced trading features, including double-touch and break-out strategies. Sophisticated analysis tools and customisable charts are also available.

Note, only the Gold and VIP accounts provide access to WebTrader Pro.

How To Place A Trade

To place a binary trade on GC Option:

  1. Select an instrument from the market watch widget on the left
  2. This will open a price chart and an order window
  3. In the order window, enter the trade size and contract duration
  4. The possible profit should automatically update
  5. Select ‘higher’ or ‘lower’ to confirm the trade
GC Option broker review

How To Trade Binary Options

MetaTrader 4

GC Option is one of a select few binary options brokers that offer MetaTrader 4. The MT4 terminal can be downloaded to desktop devices or can be accessed through a mobile-friendly app and web solution.

MetaTrader 4 is a good option for conducting detailed analysis. The platform comes with 30 indicators, 23 analytical tools, and a range of timeframes. The MetaTrader market is also home to additional drawing tools and custom indicators.

Account Types Explained

GC Option offers three accounts:


  • Investments from $10
  • WebTrader Classic
  • 27 trading instruments
  • Free education
  • Free analysis


  • Investments from $100
  • WebTrader Classic, Pro & MT4
  • 27 trading instruments
  • Free education
  • Free analysis
  • Trading signals


  • Investments from $300
  • WebTrader Classic, Pro & MT4
  • 27 trading instruments
  • Free education
  • Free analysis
  • Trading signals
  • Personal analyst
  • Ability to use EAs
  • Risk-free trading
  • 10% refund on losing trades

Demo Account

The GC Option comes with $10,000 in paper money. Traders can use the demo account to try the broker’s binary options products and test the WebTrader Classic and Pro platforms (MT4 is not available).

You can sign up for the demo account on the GC Option homepage.

Deposits & Withdrawals

GC Option supports various payment methods:

Bank Transfers

The broker accepts payments via Bank Windhoek, FNB Namibia, GTBank Nigeria, Ngan Luong, and help2pay. Mastercard and Maestro cards are also accepted. Typical processing times are between 15 minutes and 5 days.

There could be a deposit charge depending on the bank, for example, GTBank Nigeria charges 52.50 NGN. There is a 2.5% commission for Ngan Luongand and a 3% fee for help2pay.

For withdrawals, Bank Windhoek, FNB Namibia, and YES Bank charge a minimum of 5 USD or 1%. GTBank Nigeria has no withdrawal fee, but Ngan Luong charges 1%. Help2Pay takes IDR 30,000.00 / VND 50,000.00 / THB 100.00 / MYR 10.00 per settlement request.

Electronic Payments & Cryptos

GC Option accepts Bitcoin, Ethereum and Tether. The broker also supports ChipDeals MoMo, FasaPay, Growpay, PayTrust, PaylivreGateway, and Perfect Money. Typical processing times are around 15 minutes.

The broker will cover any deposit fees, however withdrawal commissions are determined by the blockchain or originating bank and can range from 0 – 1.5%.

Local Transfer Agents

Supported local transfer agents include Forex Rebate Changer (Indonesia), the Indian Exchanger (India), and Sentraegold (Indonesia). Typical processing times are between 5 minutes and 1 day.

There is no deposit fee but there may be a withdrawal charge depending on the bank.

GC Option Bonuses

GC Option offers two promotions:

  • Day of risk-free trading – This is available to all account holders. Traders can choose the date the loss will be compensated for in the “Day of risk-free trading” field in the “Bonuses” section of their personal account. The promotion is available once per calendar month and a deposit needs to be made in that month. The maximum compensation is 10,000 USD.
  • Commission-free deposits – This is available on all payment methods except blockchain / cryptos and bank transfers. GC Option will essentially cover any fees incurred and will credit client accounts with the amount charged.


While using GC Option, we found several reasons to open an account:

  • 30 assets covering forex, metals and cryptos
  • Expiry times from 1 minute to 48 hours
  • Award-winning binary options broker
  • Day-of-risk-free trading promotion
  • $1 minimum trade size
  • Secure 2FA login
  • Loss refunds
  • 86% payouts


Downsides of the GC Option offering include:

  • No binary options on stocks
  • Unregulated brand
  • Withdrawal fees

Customer Support

GC Option handles customer queries via email, live chat, and a help form. The support team is open Monday  to Friday between 6:00 AM and 6:00 PM GMT.

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

Opening Hours

Trading hours for all 30 trading instruments are from 01:00 – 23:00 GMT. You can view opening hours within the platform interface.

Head to the broker’s social media channels on Twitter and Facebook for news of any closures and holidays.

UK Regulation & Security

GC Option does not hold a license with the UK Financial Conduct Authority (FCA). This is standard in the binary options industry – the British regulator does not give licenses to binary brands.

GC Option is based offshore in Saint Vincent and the Grenadines and has ties to an established broker – Grand Capital. The company also offers two-factor authentication (2FA) on its trading platforms to reduce the risk of hacking and security breaches.

Final Thoughts On GC Option

GC Option is run by its parent company Grand Capital, which has more than 15 years of experience. The broker offers relatively decent payouts, opportunities on several asset classes, plus a day of risk-free trading. The availability of MetaTrader 4 is also rare among binary options brokers.

On the downside, the firm is unregulated, so prospective traders should be careful when investing online. Also, GC Option charges withdrawal fees and is less well-known that alternative binary brands.


What Payouts Does GC Option Offer?

Payouts up to 86% are available on EUR/USD. Other majors offer payouts of 85% while minors offer 80%. Cryptos and metals are available at 60%.

Does GC Option Offer MT4?

Yes – GC Option does provide the MetaTrader 4 platform. Available as. a software download, mobile app, or web solution, MT4 is home to 30 integrated indicators, 24 analytical objects, and 9 timeframes. The platform also offers one-click trading.

What Is The Minimum Deposit At GC Option?

The starting deposit with the Silver account is $10. You need to deposit $100 to open a Gold account and $300 to qualify for a VIP profile. Higher account tiers offer priority tools and support, including a personal analyst and trading signals.

Does GC Option Offer A Welcome Bonus?

GC Option routinely offers joining bonuses. Previous offers have included a $500 bonus for seven days of trading with profits being withdrawable. Head to the broker’s official website or social media pages to check for the latest offers.

Is GC Option Trusted?

GC Option is not one of the biggest binary options brokers. However, it is owned by established CFD and forex brokerage – Grand Capital, which has more than 750,000 clients worldwide. GC Option has also won awards for its binary options trading service.

Compare GC Option with Other Brokers

These brokers are the most similar to GC Option:

  1. World Forex - World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  2. IQCent - IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring traders.
  3. Dukascopy - Dukascopy is an online broker operated by a Swiss-regulated banking group. It offers a good selection of 500+ markets, with forex, stocks, gold, ETFs, indices, bonds and cryptocurrencies available. It also offers flexible trading opportunities through the choice of CFDs or binary options. Traders will use MetaTrader 4 or a proprietary platform that is well-suited to automated trading.

GC Option Feature Comparison

GC Option Compared With Similar Brokers
GC Option World Forex IQCent Dukascopy
Rating 3.3 4 3.7 3.6
Markets Forex, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Minimum Deposit $10 $1 $250 $100
Minimum Trade $1 0.01 Lots $0.01 0.01 Lots
Demo Account Yes Yes Yes Yes
Bonus - - 20% to 200% Deposit Bonus -
Education No No No Yes
Platforms MT4 MT4, MT5 - MT4
Leverage - 1:1000 1:500 1:200
Review GC Option
World Forex

Trading Instruments Comparison

Comparison of GC Option Trading Instruments
GC Option World Forex IQCent Dukascopy
Binary Options Yes Yes Yes Yes
Ladder Options No No No No
Boundary Options Yes No No No
CFD No Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks No Yes Yes Yes
Crypto Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes No
Copper No No Yes Yes
Silver Yes Yes Yes No
Corn No No No No
Futures No No No No
Options No No No No
ETFs No No No Yes
Bonds No No No Yes
Warrants No No No No
Spreadbetting No No No No
Volatility Index No No No No

GC Option vs Other Brokers

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GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.