GCI Forex Broker Review and Rating 2024 Detailed GCI information with traders reviews for 5 July 2024

gci trading review

GCI Trading is an offshore broker which is currently not regulated by any governing body, and operates out of Belize. Initiate your mobile trading journey today with a Free Demo or seamlessly transition between Demo and Live trading sessions. Discover trading that fits in your pocket with our state-of-the-art mobile trading solutions available in both ActTrader and MetaTrader.

Interest on Account Balance

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors. After you complete this form, click Print-friendly for a printable version, sign it, and return it to GCI via email along with a copy of a valid identification. GCI Trader offers two account types, namely the ActTrader account and the MetaTrader account. Leverage is essentially a loan granted by the broker to the trader, and is expressed as a ratio.

ATFX 2021 Review- A Reliable Online Brokerage Platform

gci trading review

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 https://traderoom.info/ to $1000 for the referrer. GCI Trading is one of the few brokers that offer interest on deposits and monies in the ActTrader account receive 4% interest paid on their account balance. With that said, online customer reviews don’t suggest that the broker is a scam.

GCI Trading Awards and Recognition

Simultaneously, the broker is responsible for transmitting client orders back to these Liquidity Providers, ensuring a fluid execution process. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account. There is no indication on the company’s website whether a demo account can be converted into a live account. As with currency exchange markets, commodity markets offer trading in contract-based tradable goods. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader.

Leverage, Spreads and Commissions

Our chargeback experts will evaluate your case during a free consultation to ensure that you’re on the right track with evidence collection. Since GCI Financial has been on the market for so long, we felt the urge to warn you about it. There are some things you ought to know before investing your hard-earned money.

Extra Tools & Features

  1. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.
  2. The MetaTrader platform is protected with industry-standard Secure Sockets Layer (SSL) encryption.
  3. Deposits, not exactly this, will be dependent upon the customary 25% reward edge.
  4. These bonuses are remunerated as soon as both trading accounts are funded.

We would have liked to see a proprietary solution offered by GCI to give traders an even wider choice. It also offers its own programming language (MQL4) to allow traders to write their own scripts for bots. Expert Advisors (EAs) and additional indicators can be added through the scripting language. To request a withdrawal, you must email a permission form to Identification must also be provided. When we tested the platform, we were offered 2 pips for the GBP/USD pair, and 1 pip for EUR/USD.

GCI offers a decent breadth of tradeable financial assets on the MetaTrader 4 and ActTrader platforms. The broker also offers commission-free accounts as well as a fully-featured demo account. However, the outdated education centre and the lack of regulatory oversight may deter some traders. Becoming a GCI Trading customer assures traders they are dealing with one of the greatest respected forex brokers in the business and that their trading funds are secure and personal information is kept safe. The GCI Trading forex broker provides the whole thing traders essential to get started trading forex and other assets in international markets. GCI Trading forex broker provides account holders the chance to participate in several bonuses and promotions.

Traders can reach out to the customer support team for precise details on commissions and fees. GCI Financial is a forex and CFD broker who prides itself on offering industry-leading trading conditions through advanced trading software. And with over eighteen years in operation, GCI Financial is one of the more established players in an increasingly crowded market. GCI Financial Ltd is a prize-winning forex and CFD broker contribution to the MetaTrader 4 (MT4) and ActTrader platforms. Our survey of the broker’s administrations covers product downloads, accessible business sectors, demo records, and client service. Earn commissions by introducing clients to one of the industry’s longest serving brokers.

Traders should check the broker’s website for any changes or further revenue promotions. Depositors who open GCI Trading accounts will relish the choice of 3 dissimilar platforms which are MetaTrader 4 and ActTrader and its mobile application. GCI trading brokerage is not accessible for use by customers based in the United States and other nations in which its distribution and usage would violate laws, regulations or rules. Investors who open GCI Trading accounts will enjoy the choice of three different platforms which are ActTrader, MetaTrader 4 (MT4) and its mobile application. GCI trading brokerage is not available for use by clients based in the United States and other countries in which its distribution and use would violate laws, rules or regulations. You have to get your money back using the same method you used for a deposit up to the amount you deposited.

gci trading review

Then, the remaining sum will be transferred through a bank wire or PerfectMoney account. Another good perk of third-party platforms is the accessibility of a Demo account. Instead of being pressured to decide immediately, you can test both platforms through a risk-free Demo and see if you wish to invest. While being on the market for almost two decades, the firm has earned some regulatory warnings.

Still, we always recommend opening an account with a licensed provider first. For its Muslim customers, GCI trading provides SWAP trading accounts for usage in trading according to Sharia law. GCI trading software is compatible with all personal computers with Internet access, https://traderoom.info/gci-broker-overview/ including those running Windows, as well as Macs, OS, iOS and Android mobile devices. Traders can choose between Java-based and Windows-based software versions. The Mini account requires a minimum deposit of $2,000, while the Micro account has a minimum deposit of $500.

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