In terms of security, the broker’s site is fully https://forexarena.net/ encrypted, and the trading platforms offered also provide their own encrypted transactions. This means that the firm has no oversight over its business handling, and thus is not forced to protect traders to the same degree that licensed brokers are. GCI is also not required to submit any revenue data or annual financial statements for auditing, which is concerning.
Trading Instruments Comparison
It is also important to note that different instruments and assets have different starting spreads, so while EURUSD may start at 1 pip, other assets like GBPJPY may start slightly higher, in this case, 4 pips. Trade sizes start from 0.01 lots which are also known as micro-lote, they then go up in increments of 0.01 lots so the next trade would be 0.02 lots and then 0.03 lots. GCI is a well-established broker since2002.GCI hasa headquarter in.GCI to gci trading review provide their Forex/CFD trading services to global clients. This 2024 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers.
GCI clients Pros and cons
This review will cover GCI’s safety and security features, plus market access, fee structure, account types, how to open an account, and more. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. GCI Financial offers demo accounts with both the MT4 and ActTrader platform downloads. Users can practice trading with $50,000 in virtual funds, with no financial risk.
Trading Platforms
GCI Financial offers traders a decent range of assets and two powerful platforms. However, the broker falls far behind competitors in many aspects, including disappointing payment methods and lacklustre education tools. GCI Financial is an offshore forex and CFD broker based in Saint Lucia and established in 2002. The broker offers over 300 tradable assets and two powerful trading platforms, although its regulatory status and trust score has been called into question by our experts.
A request must be made by emailing You can then expect the bank deposit to be processed in 1 – 3 business days. The Refer-a-Friend promotion is available for all account holders who refer a friend that opens a live account. A Real Cash Deposit is deposited into the referrer’s account as well as the account of the referral. Up to $500 is available for the referred traders and up to $1000 for the referrer.
- It’s a testament to our dedication to your growth, ensuring that while we flourish, you grow alongside us, fortified with the best of the industry’s offerings.
- You can deposit funds from within your account portal and the minimum payment accepted is $500.
- The software on offer allows traders to trade from your PC, Mac, web browser, iPhone, or another mobile device, using any of the platforms available.
This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. Finding a reputable GCI Trading review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Below is an in-depth review regarding GCI Trading to help you make an informed decision before opening your account or trading on their platform. We were happy to see demo accounts on both the ActTrader and MetaTrader 4 platforms, which are ideal for novices looking to browse the platform’s features and practise their skills risk-free.
When we tested the platform, we were offered 2 pips for the GBP/USD pair, and 1 pip for EUR/USD. Funding to accounts at GCI Trading can be done via bank wires, credit cards and online payment programs such as Neteller and Skrill. A financial glossary is available and an ebook on the most beneficial use of their two trading accounts can be downloaded. There is no dealing desk execution, no re-quotes and scalpers and scalping EAs are welcome. Only $500 is needed to start and there is a bonus of 30% on first deposits. Please note, some markets may only be available via CFDs or other derivatives.
Besides lots of currency pairs, GCI also offers some instruments you would like to trade on, such as Forex, Gold & silver and Stocks for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose. At GCI, we recognize and appreciate the power of personal recommendations, and we believe that if you champion our services, you deserve to be rewarded.
Discover trading that fits in your pocket with our state-of-the-art mobile trading solutions available in both ActTrader and MetaTrader. Venturing beyond the conventional, GCI’s ECN is also adept at integrating with scalping EAs. We are vested in your success and strive to amplify both your profits and trading volume. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. It is good to see that both ActTrader and MetaTrader 4 offer mobile apps available on Apple iOS and Android devices. For faster deposits, we recommend opting for Perfect Money, which will typically process your deposit within 1 business day.
The only problem is that much of the educational content and trading signals haven’t been updated in years. Founded in 2002, GCI Financial Ltd offers over 300 tradable financial assets and educational tools for both beginners and experienced traders. The company has clients from all over the world, including Europe, India, and Australia. GCI proudly introduces ECN trading capabilities on our renowned MT4 trading platform, presenting a unique blend of state-of-the-art technology and optimal trading conditions.
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