Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. GCI broker has received mixed reviews from traders, with a trust score of 3.5 out of 5 based on the Trustpilot website. This rating is sourced from only two reviews in total, meaning that it is not enough to have a proper judgment. Always do your own research despite the positivity or negativity of the reviews.
- We found two trading platforms on offer – ActTrader and MetaTrader.
- Likewise, GCI brokers have not provided the details related to their minimum withdrawal amount policy, withdrawal fee policy, dormant account policy, and the fee of inactive accounts.
- All of these things make GCI seem like a tempting broker to pursue, but ultimately, the decision is up to you.
- Now that you’re equipped with the knowledge of EV/GCI and its significance in trading, take the next step with TIOmarkets.
The ‘Commended’ rating from Evergreen may well be a launching point for an expansion of the strategy. GCI’s Commercial Finance Fund targets an annual return of 8.5% by investing into senior commercial debt facilities secured by real and financial assets. The most trusted Forex brokers have an operational history spanning 10+ years and a clean regulatory track record in at least one tier 1 regulatory jurisdiction. The S&P MidCap 400 is a benchmark index that represents the mid-cap segment of the U.S. stock market.
Forex Trading
However, the limited deposit and withdrawal options may be inconvenient for some users. The MetaTrader Account offers a wider product range and the use of the MetaTrader software platform. While default lot sizes are 100,000 currency units, traders can select as little as 0.10 lots to transact. Unlimited charting and programmable trading signals are among the features offered in GCI’s MetaTrader account. It provides retail traders with a free demo trading account, allows users to open a live account, gives live help, provides software called DealBook FX 2, and allows viewing of account documents. (DealBook FX 2 can be downloaded for the demo trading account).
There are no minimum and maximum deposit amounts while deposit fees only apply to Perfect Money users. The withdrawal form must be duly accomplished and sent to the broker for approval. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
They have won a number of awards including Best Forex Broker Europe 2015, Best Forex Customer Service Europe 2015 and many more. ECN, or Electronic Communication Network trading, means that the broker gives customers access to a pool of liquidity providers who trade against them. At the same time, the broker is charging a commission for middleman work.
Even when you will examine their terms and conditions section, you will find many scam clauses in the withdrawal section. To hide their profile from the law, GCI brokers have not provided such crucial and important information to the customers, which is the major evidence of fraud. The ActTrader account is for dedicated currencies and other major financial products traders who would want to be gifted with a low minimum transaction size plus a user-friendly interface. To open this account, deposit no less than $500 and access a trading platform equipped with a robust multi-account management capability using the ActTrader platform.
This means you can manage your trades on the go, and even set up multiple trading platforms or accounts on the same VPS, allowing for collaborative viewing and management from different locations. GCI brokers provide a trading platform with the name of VertexFX which is custom-made web-based trading software of their own development. Trading with GCI, you can have a choice between two trading platforms, something that a number of brokers don’t usually have. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
Broker
There are no contracts or mandatory renewal obligations tied to our services. Payments are processed automatically using the method you’ve selected—Credit/Debit Cards, PayPal, Skrill, or Coingate for Bitcoin and other cryptocurrencies—if you opt for subscription-based billing. Should your needs change, you can easily prevent automatic renewals and charges.
No, the broker does not accept traders from the United States. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I would rather live with no wifi at all then continue to pay for something so slow I can run around the block before it can load anything (tested).
GCI Financial offers a risk-free Demo through both ActTrader and MT4. TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. No, the broker does not appear to be regulated by any financial authorities. Always verify the latest deposit and https://traderoom.info/gci-broker-overview/ withdrawal policies on the website.
Is this your company?
- As seen in the above reference, the broker offers you two trading accounts types, based on which trading platform you are to use for your trading.
- They connect with liquidity providers in an automated process which includes human oversight.
- 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.
- As if you have an issue you would like to speak or chat to someone immediately.
- GCI Financial Limited has operated as an online forex and CFD broker since 2002, providing traders access to global financial markets.
- Behind every blog post lies the combined experience of the people working at TIOmarkets.
The minimum amount needed to open up an account is $500, this will get you any of the accounts of your choice. Once an account is open the minimum deposit disappears for any subsequent top-up deposits and any amount is ok. Spreads start from 1 pip, the spreads are variable (also known as floating) so this means that when the markets are being volatile, the spreads will often be seen higher. You have to get your money back using the same method you used for a deposit up to the amount you deposited. 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.
NYSE: GCIGannett Co Inc Stock
We offer you access via any smartphone, tablet or PC so you can log in and check on the status of your platform at any time. Customer ServiceOne of the most important aspects is Hantec Markets’s customer service vs GCI Financial’s customer service. As if you have an issue you would like to speak or chat to someone immediately. On the downside, GCI remains unregulated despite having numerous accolades, affiliations, and partnerships. Its live chat feature also takes time when using, and its set of educational resources are quite outdated. GCI boasts of its claimed advantages over its competitors which include zero commissions and narrow spreads, fast and fair execution, lowest margin requirements, and a large range of tradable products.
To see how well our network performs with your specific broker, we encourage you to visit the Forex Broker Latency page on our website. This feature allows you to check the connection quality and latency to ensure optimal performance for your trading activities. A VPS ensures that your trading platform is always on and accessible, no matter where you are or what device you’re using.