de | cn | ru

GCI GCI Financial Review

GCI Forex Broker | GCI Review & Rating | gcitrading.com Forex Trading

RATING: 2 / 5 REVIEWS ForexBrokerz GCI
GCI is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS

Scammed by GCI? Click here!

Trading Accounts and Conditions

 

Account type/Trading platform  

Minimum deposit 

Minimum trade size

Maximum leverage

Spread                                       

ActTrader

$500 

0.1

1:400

From 1 pips

MetaTrader 4

$500 

0.1

1:400

From 1 pips (DD)

From 1.7 pips (ECN)

 

GCI Financial offers 2 forex trading account types, depending on the trading platform. Both accounts offer commission-free trading, variable spreads, leverage up to 1:400, and 4% annual interest paid on the account balance. Unfortunately, micro lots are not available with this broker.

 

Trading-wise, things are pretty standard. The broker offers the MT4 and ActTrader platforms and if you opt in for MT4, you will be able to choose between a dealing desk and ECN execution. Strange as it may seem, ECN spreads are higher than traditional ones, which are as low as 1 pips on EUR/USD.

 

The Company. Security of Funds

 

Company

Country

Regulation

GCI Financial LLC

Anguilla

N/A

 

GCI Financial is a Forex and CFD broker, which offers a wide range of instruments for trade (including binary options) on two trading platforms. Previously it was regulated in Belize, but withdrew its license in 2009. Currently, GCI Financial is headquartered in Anguilla, an island in the British West Indies, and is not regulated by any authority.

 

As investing with offshore (and/or unregulated) companies is very risky, we generally advise traders to avoid them and to select among brokers regulated by reliable authorities such as UK’s FCA, CySEC, or Australia’s ASIC.

 

However, GCI Financial has over 14 years of experience in the forex business and has earned a fairly good reputation among traders – most user reviews about this brokerage are positive. So, if you prefer offshore brokerages for some reason, GCI Financial is a good choice.

 

Trading Platforms

 

GCI Financial supports the most popular platforms among traders - MetaTrader 4 (MT4), as well as ActTrader.

 

MT4 is preferred by both beginners and experienced traders, because it is easy to use and yet equipped with advanced charts and technical analysis indicators so that users can make appropriate decisions and trade the financial market. The platform also offers a wide range of Expert Advisors (EA), allowing clients to fully automate their trades. In this regard, the broker also provides the use of VPS services to its clients.

 

ActTrader, on the other hand, is a fully featured retail trading platform that is customizable and easy to use. It comes with a number of useful functionalities, such as built-in one-click trading capabilities and option to trade from the charts, advanced charting tools and analysis indicators. With this broker, it is available as desktop, web and mobile versions.

 

GCI Financial’s desktop ActTrader platform. Click to enlarge.

 

Promotions

GCI Financial offers a Refer-a-Friend program and its clients can get a referral bonus of up to $1,000: 

 

 

Methods of Payment

 

GCI Financial offers its clients the following payment modes: credit/debit card, bank wire transfer, and popular e-wallets Skrill, and Perfect Money.

 

Conclusion

 

GCI Financial is an offshore broker that has been operating on the FX scene for more than 14 years. It offers an extensive product portfolio with competitive trading conditions on two platforms. Here are, in a nutshell, the pros and cons of GCI Financial:

 

Pros Cons
Competitive spreads & commission-free trading  Not regulated 
Over 14 years of experience No micro tradeable lots
Annual interest on account balance  
Choice of trading platforms, MT4 available   

 

Latest news about GCI
Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
PrimeTrader
$100 Review Website

Traders` reviews for GCI

Spread

Fixed spreads 
      Standard Account:       EUR/USD - 3 | GBP/USD - 4 | USD/CHF - 4 | USD/JPY - 3
      Mini Account:                 EUR/USD - 2 | GBP/USD - 3 | USD/CHF - 3 | USD/JPY - 2

 Pros

Cons

Fixed spreads during all market conditions, even during news releases

No commissions 

Wide spreads for mini accounts

 

Slippage

Pros

Cons

No

 

 

Slippage during news releases

Slippage during normal market conditions

Slow execution of stop orders 

Requotes

Pros

Cons

No

 

 

Many requotes during news releases

Many requotes during normal market conditions

Slow execution of market orders 

Price feed

Pros

Cons

No

 

Many spikes

"Representative" quotes instead of live quotes 

Platform

Traders are able to choose between GCI Metatrader 4.0 and ICTS Trading. We strongly recommend Metatrader.

Pros

Cons

Metatrader 4.0

Very intuitive and easy to handle

Decent charts

Autotrading

Custom indicators

Mobile ready 

Freezes during news releases

Trailing stop is server based

 No Web Platform 

 

 

 

Deposit/Withdraw

Deposit

Withdraw

Bank Wire

Check  

PayPal   

MoneyBookers 

Bank Wire

PayPal

MoneyBookers 

 

Customer service

Pros

Cons

Phone

Live chat

E-mail 

No

 

 

Summary

Pros

Cons

Metatrader 4.0

Fixed spreads 

 

 

 

Slippage during normal market conditions

Frequent requotes

Slow execution

Poor price feed

No regulation 

GCI Financial Scam Fraud Company

Hello,

I've been trying to get my money back from this company for over a month now. I have emailed my account manager ( Jacques Debruyne ) his email is: ( jacques@gcitrading.com ) numerous times, spoken numerous times on their Live Chat. They keep telling me that they are considering it, but it is all lies. The amount is $1,100 USD. Now I know that's not a lot of money but still it is my money. Can anybody help me on how to get my money back? I don't know what to do. Thank you for taking the time and your consideration in reading my post. I appreciate it. Here is more information on: Jacques Debruyne

Jacques Debruyne
Head of Sales
GCI Financial Ltd.
Direct Skype: gci.french
Direct Phone: + 1 800 604 2412
WhatsApp: + 507 62 51 3400
www.gcitrading.com

Best Regards
Chris

Chris H 11/30/2017

Fresh cut bank instrument for lease/sale, such as BG,SBLC, MTN, Bank Bonds

We are direct provider of fresh cut bank instrument for lease/sale, such as BG,SBLC, MTN, Bank Bonds, specifically for lease at leasing price of 6+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options.

The Leased Instruments includes: BG’s, Insurance Guarantees, MTN, (SBLC) Standby Letters of Credit and Third Party Guarantees such as a standby forward commitment to purchase or a standby loan. If you are a potential Investor or Principle looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with all the details regarding this services.

Our BG/SBLC Financing can help you get your project funded, loan financing, please let me know if you are interested in any of our services, by providing you with yearly renewable leased bank instruments.This Instrument can be monetized on your behalf for 100% funding. We work directly with issuing bank lease providers.

Yours Sincerely,

Sanjiv Sachdev

FINANCIAL SERVICES AND SOLUTIONS LIMITED

Company Reg No: 07263001

Email: sjsachdev@solution4u.com

Tel: +44-8717110774

Fax: +44-8717129027

SIC CODE 62020

Sanjiv Sachdev 09/27/2014

it is very bad co

do not even try there r scam co

ahmed 03/26/2013

GCI is one of the best forex dealers available

Quite simply put, this is one of the best dealers available. I've never had an issue with them or their mt4 platform.
Mathilde

Mathilde 01/11/2011
de | cn | ru