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Gildencrest Capital Review

Edited by: Louis Schoeman

Gildencrest-Capital-Review

 

Overall, Gildencrest Capital (previously TeraFX) is considered trusted, with an overall Trust Score of 85 out of 100. It is licensed by one Tier-1 Regulators (highly trusted), zero Tier-2 Regulators (trusted), zero Tier-3 Regulators (average risk), and zero Tier-4 Regulators (high risk). They offer four retail accounts: A Starter, Premium, ECN, and Pro Account.

 

Gildencrest Capital Review – 13 key points quick overview:

  1. ☑️Overview
  2. ☑️At a Glance
  3. ☑️Gildencrest Capital Account Types
  4. ☑️How to Open a Gildencrest Capital Account
  5. ☑️Gildencrest Capital Deposit & Withdrawal Options
  6. ☑️Trading Instruments & Products
  7. ☑️Gildencrest Capital Trading Platforms and Software
  8. ☑️Gildencrest Capital Spreads and Fees
  9. ☑️Leverage and Margin
  10. ☑️Educational Resources
  11. ☑️Gildencrest Capital Pros & Cons
  12. ☑️Security Measures
  13. ☑️Conclusion

 

Overview

 

Gildencrest Capital Overview

 

Gildencrest Capital, a London-based financial firm, was founded in 2012 as an FCA-regulated firm in London’s financial district.

 

The firm, formerly TeraFX, rebranded in 2024 to reflect a streamlined approach and commitment to the Financial Conduct Authority’s (FCA) stringent requirements, including client fund segregation, fair procedures, and reporting duties.

 

It also complies with MiFID II rules, demonstrating its compatibility with European investor protection and market integrity norms. Gildencrest Capital offers traders a well-regulated platform in an established financial hub, emphasizing ethical behavior and client-centered processes.

 

The firm’s history demonstrates growth, resilience, and adaptability, making it an appealing choice for traders seeking a dependable and forward-thinking partner in the financial markets.

 

Can I use Gildencrest Capital services from any country?

 

While Gildencrest Capital works in various countries, ensuring that your country is not among the restricted jurisdictions indicated on its website is critical.

 

How long has Gildencrest Capital been operating?

 

Gildencrest Capital was founded in 1990 and was formerly known as TeraFX.

 

At a Glance

🗓 Established Year1990
⚖️ Regulation and LicensesFCA
🪪 Ease of Use Rating3/5
💰 BonusesNone
📞Support Hours24/5
💻 Trading PlatformsMetaTrader 4, MetaTrader 5
🛍 Account TypesStarter, Premium, ECN, Pro
🤝 Base CurrenciesUSD, EUR, GBP, PLN
📊 SpreadsFrom 1.6 pips on Forex Major Pairs
📈 Leverage1:30 (retail), 1:200 (professional)
💸 Currency Pairs60; major, minor, and exotic pairs
💳 Minimum Deposit100 USD
🚫 Inactivity FeeYes, 25 USD after 12 months of inactivity
🗣 Website LanguagesEnglish, Chinese, Russian, Spanish, Arabic, Thai, Urdu
💰 Fees and CommissionsSpreads from 1.6 pips, commission-free (on demand on Pro)
✅ Affiliate ProgramYes
🏦 Banned CountriesUnited States and several other regions
✔️ ScalpingYes
📉 HedgingYes
🎉 Trading InstrumentsForex, metals, indices, cryptocurrencies, energies
🎖 Open an Account👉 Open Account

 

Gildencrest Capital Account Types

 

Gildencrest Capital Account types

 

StandardPremiumMT4MT4 Premium
✅ AvailabilityAll; ideal for beginnersAll; ideal for casual tradersAll; ideal for scalpers and day tradersAll; ideal for traders who qualify as professionals
🛍 Markets8214782Forex, commodities, indices
💸 CommissionsNone; only the spread is chargedNone; only the spread is chargedNone; only the spread is chargedUpon demand
💻 PlatformsMetaTrader 4MetaTrader 4MetaTrader 4MetaTrader 4
📊 Trade Size0.01 – 100 lots0.01 – 100 lots0.01 – 100 lots0.01 – 100 lots
📈 Leverage1:30 (retail)1:30 (retail)1:30 (retail)1:200
💰 Minimum Deposit100 USD100 USD100 USD100 USD

 

Gildencrest Capital Starter Account

The Gildencrest Capital Starter Account offers 82 trading instruments across major categories with zero commission, because it is making it accessible to novices and those looking for cheaper trading. It also supports the user-friendly MetaTrader 4 platform, known for its powerful capabilities.

 

Gildencrest Capital Premium Account

The Gildencrest Capital Premium Account is a premium trading option for traders, offering a wider range of 147 instruments and no commissions, allowing for cost-effective trading across all symbols.

 

Gildencrest Capital ECN Account

The Gildencrest Capital ECN Account offers traders direct access to market pricing and quicker execution via the Electronic Communication Network (ECN).

It includes 82 trading instruments, no fees, and offers liquidity and real-time pricing. The MetaTrader 4 platform offers a smooth trading experience and is compatible with mobile devices.

 

Gildencrest Capital Pro Account

The Gildencrest Capital Pro Account is a unique trading platform for skilled traders, offering a dynamic environment with customizable leverage choices and a variety of instruments like forex, commodities, and indices.

Furthermore, it features Expert Advisors and hedging tools, operates on MetaTrader 4, and offers mobile trading assistance.

 

Gildencrest Capital Demo Account

The Gildencrest Capital Demo Account is a valuable tool for new traders or those looking to learn about the platform without risking their funds. It offers a simulated trading environment with a $10,000 balance, live prices, and orders, providing a hands-on learning experience.

 

Do all account types at Gildencrest Capital have access to the same trading options?

 

No, they do not. However, while the quantity of tradable instruments varies slightly, Gildencrest Capital’s account categories provide access to various currencies, commodities, indices, and cryptocurrencies.

 

Is there a difference in leverage options between Gildencrest Capital’s different account types?

 

Yes, leverage options vary by account type, with professional traders accessing more leverage than retail traders.

 

How To Open a Gildencrest Capital Account

To register an account with Gildencrest Capital, follow these steps:

 

Step 1 – Click on the Sign-up option.

Visit the Gildencrest Capital website and look for the “Open an Account” or “Sign Up” banner on the homepage.

 

Gildencrest Capital Open Account

 

Step 2 – Select preferred account type.

Select the account type that best meets your requirements, trading skills, and objectives (Starter, Premium, ECN, etc.) and specify if it is an individual or corporate account.

 

Step 2 Select account type

 

Step 3 – Complete the form.

Complete the online application form by entering your name, address, date of birth, and contact information. Upload the appropriate documents to verify your identification, including a government-issued ID (passport, driver’s license) and evidence of address (utility bill, bank statement).

Step 3 Complete the Form

 

Read and accept Gildencrest Capital’s terms and conditions, risk disclosure, and privacy policy once after reviewing your application and documents, Gildencrest will email you, confirming your account’s approval.

 

 

Could one open several Gildencrest Capital accounts using the same credentials?

 

No, the broker permits users to specifically open only one trading account, ensuring regulatory compliance and avoiding duplicate accounts.

 

Can I open a corporate account at Gildencrest Capital?

 

Yes, Gildencrest Capital also allows the opening of corporate accounts, allowing enterprises and organizations to engage in trading activities.

 

Gildencrest Capital Deposit & Withdrawal Options

💳 Payment Method🏛 Country⚖️ Currencies Accepted⏰ Processing Time
Bank TransferAllUSD, GBP, EUR, PLN1 – 5 days
Credit/Debit CardAllUSD, GBP, EUR, PLNInstant – 5 days
e-WalletsAllUSD, GBP, EUR, PLNInstant – 3 days

 

Deposits

Deposit using Bank Wire Step by Step

✅Access the “Deposit” or “Funding” section of your Gildencrest Capital account.

✅Select “Bank Transfer” to acquire their bank information (account name, number, SWIFT/BIC code, etc.).

✅Begin the wire transfer via your bank, carefully entering Gildencrest’s details and your account reference.

 

How to Deposit using Credit or Debit Card Step by Step

✅Navigate to the “Deposit” area of your Gildencrest account.

✅Select “Credit/Debit Card” and enter your card information (number, expiration date, and CVV code).

✅Enter the appropriate deposit amount and follow the on-screen instructions to complete the transaction.

Deposit with e-Wallets or Payment Gateways Step by Step

✅In the “Deposit” section, choose your e-wallet or payment gateway.

✅You will then be redirected to the e-wallet’s website to log in and approve the transaction.

 

Gildencrest Capital Withdrawals

Withdraw using Bank Wire Step by Step

  • Select “Bank Transfer” and enter your bank account information (name, number, SWIFT/BIC, etc.).
  • Enter the desired withdrawal amount and follow any further instructions.

 

How to Withdraw using Credit or Debit Cards Step by Step

  • In the “Withdrawal” section, choose “Credit/Debit Card.” Note that you can withdraw to a card you already deposited with.
  • Enter the withdrawal amount and follow the on-screen steps.

Withdraw with e-Wallets or Payment Gateways Step by Step

  • Select your favorite e-wallet or gateway in the “Withdrawal” section.
  • Enter the withdrawal amount and the required e-wallet account information.
  • Follow the on-screen instructions to complete and submit the withdrawal request.

 

Can I withdraw funds from my Gildencrest Capital account with a different payment method than the one I used to deposit?

 

No, Gildencrest Capital evidently requires withdrawals with the same payment method as the initial investment to comply with anti-money laundering requirements and ensure fund security.

 

Is it possible to make instant withdrawals from Gildencrest Capital?

 

Yes, you can withdraw instantly on certain e-wallets and payment gateways supported by Gildencrest Capital.

 

Trading Instruments & Products

The broker offers the following trading instruments and products:

➡️Forex – They offer a wide range of forex trading options in over 60 currency pairings, with different account types providing overall varying levels of                  leverage, allowing traders to choose their desired exposure and risk.

➡️Commodities – Gildencrest Capital trades 11 commodities, surely including precious metals and energy items, with leverage options ranging from 1:1 on                       GAU/TRY to 1:20 on major pairs like XAU/USD and XAU/EUR, allowing traders to participate in various markets.

➡️Indices – Traders can access 11 global indexes with leverage of up to 1:13, allowing them to bet on stock market performance rather than individual                     equities, balancing rewards and risk.

➡️Cryptocurrencies – focuses on trading Bitcoin/USD, allowing traders to profit from strong volatility and liquidity in the cryptocurrency market.                            However, this limited variety might not appeal to those seeking a wider range of options.

 

Is there a restriction on the number of currency pairings accessible for trading?

 

No, the broker offers over 60 currency pairings, including major, minor, and exotic pairs, giving traders a wide choice of trading options.

 

Can I trade indices?

 

Yes, they also give traders access to a variety of worldwide indexes.

 

Gildencrest Capital Trading Platforms and Software

 

Gildencrest Trading platforms

 

Gildencrest Capital’s MetaTrader 4 and 5 platforms are the foundation of its trading infrastructure, offering sophisticated features for beginners and experienced traders.

 

MT4 is significantly known for its easy-to-use interface, manual and automatic trading techniques support, and its interoperability with Expert Advisors. Its customizable charting capabilities, multilingual support, and fast trade execution contribute to its worldwide popularity.

 

In addition, MT5 builds on MT4’s foundation, adding new functionality and features for a more active trading environment. The brokers integration of MT5 demonstrates its commitment to providing cutting-edge technology and favorable trading conditions.

 

Are there any more trading tools accessible on this platform?

 

Yes, obviously the trading platform include several trading tools, such as technical indicators, charting tools, and risk management features.

 

Can I automate my trading techniques using their platforms?

 

Yes, their systems provide automated trading methods using specifically Expert Advisors (EAs).

 

Gildencrest Capital Spreads and Fees

 

Spreads and Fees

 

Spreads

The broker also offers changeable raw spreads with a set mark-up, ensuring transparency and fairness in trading costs.

As a Straight Through Processing broker, they guarantee these spreads reflect transaction fees. Spreads for popular currency pairings start at 1.6 pips, while exotics can reach up to 20 pips.

Commissions

They charge commissions based on spreads, except for the Pro Account, which adjusts according to demand. This fee structure simplifies trading costs, making it easier for traders to track overall trading fees.

 

Overnight Fees

Gildencrest Capital also charges overnight fees for forex trading positions, varying based on position length and interest rate difference. The platform altogether provides transparency in swap costs, allowing traders to make informed decisions regarding holdings over time.

 

Deposit and Withdrawal Fees

It undoubtedly offers a flexible trading platform without deposit or withdrawal fees, enhancing the trading experience and reducing total costs for traders.

 

Inactivity Fees

The broker therefore charges a $25 fee for accounts that have gone dormant in the past consecutive 12 months, promoting active trading and maintaining balances.

 

Currency Conversion Fees

They also charge currency conversion fees for transactions in foreign currencies, emphasizing the importance of currency risk management in international trading, reflecting the global nature of the forex market.

 

Are there any hidden fees when trading at this broker?

 

No, their pricing structure is transparent.

 

Can I discuss spreads or fees with the broker?

 

No, it normally charges fixed spreads and fees, leaving no room for negotiation assuring fairness and consistency for all clients.

 

Leverage and Margin

 

Gildencrest Capital uses overall margin agreements to protect transaction liabilities. Clients could be asked whenever to deposit an initial margin, and variation margins might be required in response to market fluctuations or increased risk.

 

They can undoubtedly adjust margin requirements without notice, but clients must have sufficient funds or collateral to fulfill requirements.

 

Therefore, inadequate margin can cause transactions to be closed or terminated without warning, but this is not considered a default. In addition, Gildencrest Capital does not make regular margin calls but could require more margin or collateral at its discretion.

 

Does Gildencrest Capital offer margin trading?

 

Undoubtedly, their Funds does offer margin trading.

 

How does the broker determine the margin requirements for different trading instruments?

 

Gildencrest Capital undoubtedly determines margin requirements depending on the trading instrument’s volatility and liquidity, ensuring sufficient capitalization to cover potential losses.

 

Educational Resources

Gildencrest Capital offers the following educational resources:

 

➡️Glossary – Their Glossary is a comprehensive reference tool specifically covering various trading words and concepts.

➡️Economic Calendar – It also provides an important instructional tool, the Economic Calendar. This calendar contains future economic events, reports                and indicators with the potential to affect financial markets.

➡️Calculators – Its calculators are vital for risk management and trade preparation, but these tools help traders assess prospective gains, losses, and trading         expenses, such as margin needs and pip values.

 

Can traders use demo accounts to practice?

 

Yes, they provide demo accounts with virtual funds, allowing traders to test trading methods and become acquainted with the platform’s features before risking real money.

 

Does Gildencrest Capital provide one-on-one mentorship or coaching for traders?

 

No, altogether it does not currently offer one-on-one mentorships or coaching.

 

Gildencrest Capital Pros & Cons

✅ Pros❌ Cons
Gildencrest Capital supports common trading systems such as MetaTrader 4/5The spreads charged are wide
Gildencrest Capital highlights their dedication to transparent pricing structuresThe website is not comprehensive, and there are limited educational materials
Provides customer service via email, phone, and, perhaps, live chatWithdrawal limits may apply
Operating under the rigorous Financial Conduct Authority regulations ensures high levels of investor protection, client fund security, and market monitoringThere is an extremely limited portfolio of tradable instruments available
The transition from TeraFX to Gildencrest represents a renewed emphasis and hopefully enhanced products
Negative Balance Protection protects traders from owing more than their deposit amount
Starter, Standard, Premium, and ECN accounts are available to accommodate traders of varying levels of expertise and style
Gildencrest Capital provides traders with tools and learning resources to assist them in making informed trading decisions

 

Security Measures

 

The broker is a UK-based broker that overall adheres to high regulatory standards, ensuring the safety and integrity of its customers’ assets and personal information.

 

Furthermore, Gildencrest Capital is an approved straight-through processing (STP) broker, adhering to the Financial Conduct Authority’s (FCA) Client Asset Sourcebook (CASS) requirements.

 

Basically, this ensures that retail customers’ funds are held in separate bank accounts from the company’s funds, reducing risk to client assets.

 

They also offer the Financial Services Compensation Scheme (FSCS), covering claims of up to £85,000 per person in case of financial failure.

 

In addition, the broker also follows the Markets in Financial Instruments Directive (MiFID), ensuring consistent regulation across the European Economic Area.

 

Does the broker provide additional protection for traders in financial failure?

 

Yes, the broker is a member of the Financial Services Compensation Scheme (FSCS), it also offers up to £85,000 in compensation per person in the event of a financial disaster.

 

How does Gildencrest Capital monitor and prevent fraudulent activity on its platform?

 

Because they use powerful fraud detection algorithms and performs frequent audits and monitoring to detect and prevent fraudulent activity on its platform.

 

Conclusion

 

According to our research, because the broker is a trusted forex and CFD broker it offers a variety of account types and access to major platforms like MetaTrader 4 and 5.

 

Its commitment to regulatory compliance and high standards basically gives traders confidence in fund security and market integrity.

 

Also, the limited variety of tradable instruments, large spreads, lack of comprehensive training materials, and restricted online interface might alienate some traders seeking diversified alternatives and competitive pricing.

 

Despite these limitations, we can conclude that Gildencrest Capital’s strong characteristics, such as negative balance protection and clear pricing structures, make it a viable option for investors.

 

For more information on FXLeaders.

Faq

Gildencrest Capital provides leverage up to 1:30 for retail and 1:200 for professional accounts. This is due to FCA legislation limiting leverage for retail traders.

Their withdrawal periods vary depending on the method selected, ranging from 1 to 5 business days for processing.

The minimum deposit to open an account with Gildencrest Capital is $100.

It is regarded as a safe broker since it is registered by the Financial Conduct Authority (FCA) and adheres to stringent regulatory criteria that ensure client fund security and market integrity.

Gildencrest Capital uses innovative order execution technologies to reduce slippage.

They allow traders to trade various financial assets, including Forex, commodities, indices, cryptocurrencies, and energy, creating a varied trading environment.

Gildencrest Capital is headquartered in London, United Kingdom.

No, Gildencrest Capital does not provide incentives or promotions.

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