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In my experience as a trader, I focus closely on regulatory clarity, transparent product offerings, and the suitability of platforms for actual trading activity. After investigating GMCU, I find it crucial to highlight some significant limitations and concerns. GMCU is primarily a credit union that provides classic banking services—such as loans, accounts, and insurance—rather than a broker offering forex or CFD trading facilities. Its regulatory situation is particularly ambiguous; although it’s overseen by ASIC, the license status is marked as “Exceeded,” which could mean its authorization scope is outdated or non-compliant. For me, this kind of red flag demands caution as regulatory consistency is foundational for financial safety and dispute resolution. Moreover, I found no support for trading platforms like MT4 or MT5, no demo accounts, and no evidence of leveraged products or a forex market offering. Their suite is limited to standard retail banking, and any mention of a “mobile banking app” supports basic account management, not market trading. User feedback, while limited, also raises some frustration about customer support responsiveness. As a trader, accessibility to clear assistance is essential in any financial institution handling my capital. Given the ambiguity around their license, the lack of actual trading infrastructure, and the potential risk markers cited, I would personally not regard GMCU as a suitable or reliable choice for trading. My own approach leans heavily towards established brokers with specialized trading operations, robust regulatory status, and a clear, trader-focused product lineup—which GMCU, to my eye, simply does not provide.