Great Wall Capital (GWC) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 86 21 6141 8456, fax 852 23034441
Addresses: Unit 3202 457 Shan Xi Road North Block 1 Shanghai 200040 Peoples Republic China This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.gwcap.cn.
The onboarding at Great Wall Capital (GWC) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Reliable uptime|Demo account available|Wide product range|Quick verification
Cons: No live chat on mobile|Desktop app not available on Linux
I referred a friend to Great Wall Capital (GWC) after my brother mentioned them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-device support|Risk management tools
Cons: Account statements could be more detailed|Live chat only during business hours
Great Wall Capital (GWC) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Regular updates|Multi-currency support|Helpful community forum
Cons: No live chat on mobile|No dark mode on mobile
Do not be fooled by the professional-looking website. Behind the scenes, Great Wall Capital (GWC) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-currency support|Easy to use platform|Stable platform
Cons: Spreads widen during volatile periods|Some tools only available on higher tiers
Great Wall Capital (GWC) locked my account without warning and demanded documents I had already submitted. for nearly two years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Automated trading options|Dedicated account manager|High security standards|Dividend tracking
Cons: No integrated tax optimization|Withdrawal takes 1-2 business days
Great Wall Capital (GWC) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Social trading features|Economic calendar
Cons: Limited social trading features
After spending since I opened my account last year trying to make Great Wall Capital (GWC) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Risk management tools|API access
Cons: Currency conversion fee exists|Some tools only available on higher tiers
Great Wall Capital (GWC) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Educational resources|High security standards
Cons: Some tools only available on higher tiers
After using Great Wall Capital (GWC) for about three months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Reliable uptime|Clear documentation|Clean UI
Cons: No integrated tax optimization
The hidden fees at Great Wall Capital (GWC) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Reliable uptime|Instant funding|Detailed reporting|Multiple order types
Cons: Would like more payment methods|Website design could be more modern