GCI Trading Review
This includes securing traders’ funds at top-rated banks, separate from its own operating capital. The broker also claims to maintain a balance sheet with net capital above most regulators’ minimum requirements. The platform provides a vast selection of tools for traders to use to develop detailed trading strategies, including scalping and swing trading. All things measured, the GCI Trading forex broker is a trustworthy broker with a proven positive track record and is a perfect broker for experienced and newbies traders. GCI Trading offers trading and educational resources to help both seasoned and novice traders research, place, formulate and track trades in a variety of markets, comprising a free Demo Account for use in involved trades.
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In addition to the video tutorials and a free trading demonstration, the broker offers lengthy textual lessons on a host of subjects such as Forex Markets, Risk Management and others. Traders benefit from direct access to deep liquidity and interbank pricing and execution. ECN trading uses inter banks prices and spreads with no commissions and straight through processing with banks liquidity. This account is designed for traders who wish to trade without incurring interest or swap rates.
GCI clients Pros and cons
Major pairs like EUR/USD, GBP/USD, and USD/JPY are among the most liquid and popular choices for traders, while minor and exotic pairs can offer higher volatility and potentially greater profit opportunities. Additionally, the broker provides daily market analysis, which can help traders make better-informed decisions by analyzing market trends, news events, and technical setups. Access to an economic calendar ensures that traders are aware of upcoming events that could influence market movements. MT5 is the successor to MT4, offering all the functionalities of its predecessor but with several enhancements. MT5 includes an expanded range of technical indicators, more timeframes, and a greater variety of order types.
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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. A forex account is a trading account held by a trader with a company like GCI Trading, that is issued with the primary purpose of trading through its platforms. In terms of security, the broker’s site is fully encrypted, and the trading platforms offered also provide their own encrypted transactions.
MT4 offers advanced charting features, including multiple timeframes, a variety of indicators, and the ability to add custom indicators and expert advisors (EAs). The platform is known for its reliability and has stood the test of time as a trusted choice for both novice and experienced traders. The MetaTrader Account offers a wider product range and the MetaTrader software platform. Unlimited charting and programmable trading signals are among the features offered in GCI’s MetaTrader account. 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.
At the time of this review the only other bonus was a 30% welcome bonus on ECN accounts. Copyright © 2025 Forex BrokeragesCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Investors who open GCI Trading accounts will enjoy the choice of three different platforms which are ActTrader, MetaTrader 4 (MT4) and its mobile application. 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.
- The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader.
- Furthermore, CGI Trading forex broker does not share, sell or otherwise disclose any personal information to third parties.
- Investing.co.uk has been helping British traders find the right broker for over 20 years.
- These webinars are often hosted by experienced traders and market analysts who share their insights on market trends, trading strategies, and other relevant subjects.
Nonetheless, I did like that you get a free Forex e-book upon registration and https://traderoom.info/gci-broker-overview/ receive 4% interest paid on the account balance.
Most traders seek out brokers who can offers some level of safety and security for their investments within the highly volatile forex market. There are no additional commissions on any of the accounts that GCI Online Trading offer, all costs are built into the spreads. There are, however, spread charges, and these are interest charges that are incurred for holding trades overnight, they can be both negative or positive and can usually be viewed from within the trading platform of choice.
Each account type comes with its own set of features, which includes access to various tools and services. Some accounts might also include additional benefits such as personal account managers, premium customer support, or access to advanced trading tools. In addition, GCI Trading has a strong balance sheet with capital in excess of minimum regulatory required amounts and maintains an insurance policy on all customer funds to further protect its traders.
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. 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. Withdrawals can typically be processed within 1-2 business days, although the exact time may vary depending on the payment method used.
The customer service team is open 24/5 and is closed over the weekends and bank holidays just like the markets are. 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. 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. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
InvestingBrokers.com is for informational purposes only and not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. The company is registered and regulated in offshore jurisdictions, including the Republic of Vanuatu, and operates under the licensing conditions of the Vanuatu Financial Services Commission (VFSC). While offshore regulation can often raise concerns, GCI Trading has maintained a relatively strong reputation, particularly in the regions where it is permitted to operate.
