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General Information
Broker Name: Gigachains
Broker Type: Crypto, Forex & CFD
Country: Multiple
Operating since the year: 2021
Regulation: N/A
Address: N/A
Broker status: Active
Customer Service
Phone: +008392037
Email: N/A
Languages: German, English
Availability: 24/5
Trading
The Trading platforms: Proprietary
Trading platform Time zone: N/A
Demo account: No
Mobile trading: Yes
Web-based trading: Yes
Bonuses: No
Other trading instruments: Yes
Account
Minimum deposit: N/A
Maximal leverage: 1:50
Spread: Floating
Scalping allowed: Yes

REVIEW CONTENT 

  • General Information & First Impressions
  • Fund and Account Security
  • The Trading Accounts
  • Gigachains’ Trading Platform 
  • Funding and Pricing
  • Trading Products at Gigachains
  • Conclusion

 

Gigachains Review – How good is it?

Gigachains Review - How good is it?

General Information & First Impressions

Hello and welcome to our Gigachains review. It’s not always easy to find the best online brokerage for yourself. There’s a ton of conditions you need to take into account, such as comfort, safety, and potency. Naturally, that’s just the broad strokes, and each trader has numerous minuscule things they may be looking for. As such, some brokers try and attract wide audiences, while others stick to a niche.

And if we were to place Gigachains in one of those two categories, it would be the latter. First off, you’ll notice that the website is in German by default. It does have translation options, but it’s clearly for the German-speaking audience.

On top of that, one unique thing about Gigachains is that it exclusively offers currency trading. That includes both traditional fiat forex trading as well as digital currencies and fiat/crypto pairs. 

Now while that may deter non-currency traders, it’s by no means an inherently negative thing. Namely, brokers that specialize their service tend to be really good at what they do. As such, if you intend to trade forex, you’re likely better of with a forex-specific broker than one that tries to accomplish everything. The tradeoff is that you may need to use another broker if you want other assets, but that’s easy enough with online trading services.

And overall, Gigachains gives off the impression of a company that knows what it’s doing. It has a clear website and isn’t secretive about what you can expect from it. It also has excellent conditions that suit forex traders very well, adding to the specificity argument. As such, our initial impression gigachains.com review was that it’s a potentially serious contender.

Fund and Account Security

Fund and Account Security

Online trading has always suffered from the presence of online scammers. As time goes on, the problem becomes more pronounced since there are more inexperienced new traders. So the average trader now needs to be much more cautious than before. That means you can only trade with brokers that you can trust completely.

Gigachains, as a new broker, suffers from some trader bias. Namely, traders prefer brokers that have been around for a while, which is fair. However, you don’t need to wait for a company to mature to estimate how safe it is. You can use numerous factors and determine whether a broker has honest intentions from its inception. With a high degree of accuracy, you can find brokers that mean well.

Of course, as we said in the previous segment of our Gigachains review, it seems like a serious contender. Of course, that means it also appears to care about trader safety. 

We can see that from numerous aspects of how the broker organized its service. The first is undoubtedly how transparent its website is. For some traders, being able to trade only currency is a massive downside. If Gigachains was an underhanded broker, it would attempt to hide that until it’s too late. However, it expresses that right away, allowing customers to go in with a clear image of the company. 

Further along the same line, the broker has clear legal documentation and easy-to-read terms. That lets you understand what you get without the need to hire a legal professional. 

Additionally, the broker has encryption and authenticators to prevent you from becoming a hacking victim. Altogether, the broker has a sturdy security setup that beats most newer companies on the market.

The Trading Accounts

As we said earlier in our gigachains.com review, the broker offers exclusively currency trading, and its accounts match that. The broker has three types available, and traders can choose the one that suits their budget level the most. Since the three are strict upgrades over one another, you can easily determine the price-feature ratio that’s optimal for you. As you go up account types, the leverage increases, and you get some extra luxury features.

While the most expensive account is obviously the best option, it’s by no means a necessity. It’s a luxury option for loyal and high-end traders. You won’t ever feel limited by your trading capital while trading at Gigachains. Here’s a preview of what you can expect from the gigachains.com trading accounts:

The Trading Accounts

Silver

  • Senior Account Manager
  • 1:15 Leverage
  • Silver signals
  • Support
  • Risk management

Gold

  • Senior Account Manager
  • 1:25 Leverage
  • Gold signals
  • Personal support
  • 1 Risk Free Trade Per Week
  • 50% discount swap

Platinum

  • Senior Account Manager
  • 1:50 Levers
  • Platinum Premium Signals
  • VIP support
  • 2 Risk Free Trades Per Week
  • 100% discount swap

Gigachains’ Trading Platform

Gigachains has an easy-to-understand platform built to be an accessible gateway into trading while remaining powerful. It does that with a uniquely simple interface that lends itself well to learning. Even if you’re a brand-new trader, you’ll be able to figure out what to do on the broker’s platform. That leads to a better new trader experience, positioning the broker as more open and accepting.

Gigachains’ Trading Platform

However, that doesn’t mean it needs to compromise power. With a ton of analysis features, it helps experienced traders deftly navigate markets to maximize their earnings. Furthermore, there are automation tools that free up your trading time. The automation also means you don’t need to be glued to your screen and that you can set the software to react to sudden events by itself.

The broker has a Web Trader as well as a downloadable terminal. Like most modern brokers, a mobile version is also present. That means anyone with a modern device will have full access to their portfolio no matter where they are. 

Funding and Pricing

Undoubteldly, funding and pricing are among Gigachains’ most significant advantages. Because it’s a currency-exclusive trading service, as we said earlier in our Gigachains review, it can customize its pricing. As such, it can offer its services at a much lower price than other brokers since it doesn’t need to worry about other costs.

That results in a much cheaper experience with no additional charges. You only pay for the spreads, which are tight, followed by high liquidity. That means you can be immensely precise with your trades since the trading experience is fully transparent.

As for the funding, the broker also does well with numerous options to get your money in and out of your account. All the methods are quick, minimizing your downtime and, thus, the chance of missing exciting opportunities. Altogether, the trading cost plays well into the broker’s strengths and positions it as a fantastic choice.

Trading Products at Gigachains

As we said numerous times in our Gigachains review, the broker offers trading on forex and cryptocurrencies. Its selection includes major, minor, and exotic pairs, as well as numerous token pairs. There are also crypto-fiat pairings for those that prefer to trade cryptocurrencies that way.

Conclusion

Gigachains focuses on a particular group of traders, but it serves them well. In our eyes, that’s a much better service than one that tries to satisfy everyone but ends up mediocre. Gigachains is versatile with its platform and accounts, powerful with various technical features and pricing, and safe. That’s the optimal mix for a broker that wants to garner a loyal base of traders. 

Needless to say, we’d like to end our Gigachains review with a definite recommendation. If you’re a forex or crypto trader, the broker has a lot to offer.

Gigachains review
  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 4.53 (81 reviews)


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81 Comments

  1. Aoki Hiroto August 8, 2023
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