About its history and mission
Founded in 2002, GCI is a well-established online broker that has been providing financial trading services for more than two decades. Initially launched to cater to the growing demand for online trading, GCI quickly became known for its user-friendly platforms and comprehensive trading tools. Based in Belize, the company has expanded its offerings globally, attracting traders with its transparent and reliable services.
- Founded
- 2002
- Headquarters
- USA
- Address
- 2417 Tongass, Ste. 104, Ketchikan, AK 99901 208-A Lake Street, Sitka, AK 99835 8390 Airport Blvd., Ste. 101, Juneau, AK 99801 2029 Airport Beach Rd, Ste 1, Dutch Harbor, AK 99692 170 Von Sheele Way, Kodiak, AK 99615 3541 Greatland St., Homer, AK 99603 414 2nd Ave Dillingham, AK 99576 44661 Sterling Highway Soldotna, AK 99669 1901 Abbott Road Anchorage, AK 99507 800 E. Dimond Blvd. Anchorage, AK 99515 2800 C Street Anchorage, AK 99503 4211 Mountain View Dr #101 Anchorage, AK 99508 1254 Muldoon Rd Anchorage, AK 99504 13221 Old Glenn Hwy Eagle River, AK 99577 1879 E. Parks Highway Wasilla, AK 99654 440 Ridgecrest Bethel, AK 99559 110 Front Street Nome, AK 99762 510 Merhar Avenue Fairbanks, AK 99701 333 Shore Ave. Suite 103 Kotzebue, AK 99752 1200 Agvik Street Utqiagvik, AK 99723
- Website
- https://www.gcitrading.com/
Strengths and Weaknesses
Strengths
- The broker has received numerous international awards, including “Best European Forex Broker” and “Best Introducing Broker”;
- Availability of ActTrader and MetaTrader 4 for trading from PC and mobile devices, regardless of the operating system;
- Absence of trading fees increases trading efficiency;
- Hedging, which is opening positions on the same instrument in different directions to reduce risks, is available;
- Demo account provides for novice traders to learn trading without financial risks, and experienced clients to try out different trading strategies.
- A small choice of payment methods for depositing and withdrawing funds;
- The broker is not licensed by any regulator that controls the activities of companies in the field of financial services;
- No cent accounts.
Weaknesses
Safety and Regulations
GCI is regulated by the International Financial Services Commission (IFSC) of Belize, which ensures that the company adheres to strict financial standards. This regulation provides a level of protection for traders, ensuring that their funds are handled securely and that GCI maintains high standards of business conduct. GCI implements fund segregation practices to ensure that client funds are kept separate from the company’s operational funds. This adds an additional layer of security for traders, as it minimizes the risk of loss in case of company insolvency. However, insurance on client funds may not be available, so traders should be aware of this aspect.
Regulators
- Not regulated
Instruments Available
Types of Accounts
cTrader
- Minimum deposit
- $0
- Commission
- 0.2
- Available tools
- 0
- Leverage
- 1:1 to 1:400
- Margin call level
- Stop-out level
MetaTrader 4
- Minimum deposit
- $0
- Commission
- 0.2
- Available tools
- 0
- Leverage
- 1:1 to 1:400
- Margin call level
- Stop-out level
ActTrader
- Minimum deposit
- $0
- Commission
- 0.2
- Available tools
- 0
- Leverage
- 1:1 to 1:400
- Margin call level
- Stop-out level
Fees and Charges
GCI offers competitive spreads starting at 0.2 pips on major forex pairs. The broker charges low commissions on ECN accounts and provides transparent pricing with no hidden fees. Swap rates are applied to positions held overnight, with rates varying based on the instrument traded. GCI’s swap rates are competitive, and swap-free accounts are available for traders following Islamic principles. GCI charges inactivity fees on accounts that remain dormant for an extended period. Traders should ensure that their accounts are active to avoid these additional charges.
Trading Platforms
Customer Support
- Phone
- 800-800-4800 800-800-7754 1-800-800-4800
- Hours
- 24/5 - phone, email, chat
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
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Users reviews
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