I found the layout of the platform highly flexible, featuring a floating window system that allowed me to set up my interface as per my preferences. The platform is well-structured and easy to navigate, making it ideal for newer traders. There are many nice features at GCI Trading but the one I found the most impressive was the actual website. All the information any trader could need to clearly outlined on the https://forexarena.net/ various pages of the site and the tabs at the top of the page cover all topics. Although the graphics are few, the text is easy to read and is neatly outlined.

Related Forex Brokers

GCI Financial offers a small range of educational tools and resources to help clients ease into trading. The platform provides a vast selection of tools for traders to use to develop detailed trading strategies, including scalping and swing trading. To make matters worse, GCI will only offer its bank transfer option gci trading review to qualified traders who are looking to deposit amounts greater than EUR 2,000.

Indices:

Most traders seek out brokers who can offer some level of safety and security for their investments within the highly volatile forex market. GCI Trading is an offshore broker which is not regulated by any governing body. However, GCI Trading has proven itself as being trustworthy with a sound reputation since its inception. There is no indication of any sign-up or other bonuses offered on the company website.

Assets

In addition to Forex, GCI offers trading in indices, shares, and commodity CFDs, as well as options on most products. It is the recipient of multiple industry awards over 13 years, including the Best Forex Broker Europe 2014. With that said, online customer reviews don’t suggest that the broker is a scam. Still, we always recommend opening an account with a licensed provider first. The ActTrader account requires 10,000 currency units per lot, whilst the MetaTrader account requires 100,000 currency units per lot. The MetaTrader account also gives you a choice of ECN or traditional execution, no requotes or delays, and NDD instant execution in major currencies.

There is no notice about any fees or lack of, so it is unknown if there are any added by GCI, whether there are or not, be sure to check with your bank or processor to see if they add any fees of their own. GCI Online Trading has broken their assets down into 4 different categories which are forex, commodities, indices, and stocks, we will outline a few examples from each. Embark on a transformative trading journey with MetaTrader 4, a globally celebrated platform, tailored to perfection with GCI’s world-class features. In essence, GCI’s expansive resource suite for Introducing Brokers is more than just tools and widgets. 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. At GCI, we profoundly understand the pivotal role our Introducing Brokers (IBs) and partners play in extending our reach and enhancing our services.

1. GCI offers both the ActTrader and MetaTrader 4 platforms in mobile app versions, allowing traders to access the markets and manage their accounts from portable devices.
2. With that said, online customer reviews don’t suggest that the broker is a scam.
3. The apps are compatible with both iOS and Android devices and can be downloaded for free from the Apple App Store or the Google Play Store.
4. As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP-denominated accounts, the presence of UK-based customer support, and FCA authorisation.

Empower your trading endeavors by choosing the account type that resonates with your trading aspirations and strategy. At GCI, we are committed to ensuring that your trading experience is as efficient, rewarding, and seamless as possible. In essence, GCI’s White Label Solutions are more than just a rebranding exercise. They represent a commitment to excellence, where the fusion of your brand’s identity with GCI’s unparalleled infrastructure leads to transformative growth and success. In the constantly evolving world of finance, GCI stands as a beacon of support, innovation, and collaboration for money managers. When you’re eager to embark on GCI’s ECN journey, simply choose any instrument listed under the “ECN” folder within your GCI MetaTrader account.

We would have liked to see a proprietary solution offered by GCI to give traders an even wider choice. To request a withdrawal, you must email a permission form to Identification must also be provided. We were pleased to see that GCI offers zero-commission trading, though this does mean that spreads are wider.

Compare GCI with the top 3 similar brokers that accept traders from your location. If you are unsure then you should get in contact with the customer service team to find out if you are eligible or not. The following methods are available for depositing along with their respective currencies and fees.

Traders benefit from direct access to deep liquidity and interbank pricing and execution. To make a withdrawal the money will be paid into the trader account via credit or debit card, eCash, or bank wire transfer after a formal withdrawal request has been lodged with GCI Trading. GCI Trading offer services that include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance, and your level of experience on these products. As with the research tools, GCI Trading also offers a comprehensive education section on its website under the link Education and Resources. It includes items such as trading strategies and decision making, controlling risk, an overview of the forex market, and a helpful glossary of words.

For clarity, all instruments housed under the “Forex-ECN” category in our platform represent our ECN offerings. I was disappointed to find that GCI Financial only offers funding via bank wire transfer or Perfect Money. The lack of flexibility will be limiting for traders since most brokers like XTB offer bank transfers, credit cards, and a range of e-wallet payments including Skrill or PayPal. Some companies provide an own proprietary platform, while others prefer well-known platforms.

Unregulated providers do not provide the same degree of security as fully licensed brokers. Customer reviews don’t suggest that is the case, but readers should be wary given the group’s lack of legitimate regulatory oversight. We could not locate any information on the website in regards to bonuses or promotions so it does not appear that there are any active ones at the time of writing this review. If you are interested in bonuses then be sure to check back regularly or get in contact with the customer service team to see if there are any upcoming bonuses or promotions. The minimum amount needed to open up an account is $500, this will get you any of the accounts of your choice.