GCI Trading review: Platforms, Trading Instruments and Broker Ratings.

1.712 • 85 REVIEWS
GCI Financial
Updated: Nov 27, 2023

What is GCI Trading?

GCI Trading is a forex broker offering the MT4 and ActTrader forex trading top platforms.

GCITrading.com offers over 35 forex currency pairs, stocks, indices, futures, commodities, gold, silver and oil for your personal investment and trading options.

Please read GCI Trading Reviews below and share your live trading experiences with this broker.

December 16, 2013:  The French AMF has issued a warning about unauthorized forex brokers.  GCITrading.com is on that list.  CLICK HERE to verify.

January 24, 2013 Update:  The FPA has lifted the Scam Finding agaist GCI.  The client who made the complaint and GCI have reached a mutually satisfactory agreement.  The FPA considers that issue to be fully resolved.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum to Open Live: $500
Established: 2002
Address: Griffith Corporate Centre Kingstown, Saint Vincent And Grenadines
Contact: info@gcitrading.com, + 1 800 604 2457
Regional offices:
Prohibited countries:
Trading platforms: MT4, ActTrader
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (40+)
CFD: (205+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, PerfectMoney, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, PerfectMoney, Skrill
* Please check broker website for more information
1.712 • 85 REVIEWS

Recent User Reviews of GCI Trading

Mr. George
Vancouver, Canada,
Jan 19, 2014,

Do not. AND I MEAN, DO NOT OPEN AN ACCOUNT WITH THIS COMPANY. Take your money and go on vacation, drink it, piss it, snort it away, but whatever you do, do not deal with this company. The execution of their trades is a scam. I'm amazed they haven't been shut down. When I tried exiting winning trades, they would hold my orders and always requote my orders.
With so many descent brokerages out there, trust me, GCI is not a good place to trade.
hyderabad, India,
Oct 2, 2013,

when ever we make a profit they will not add to client to take the profit always trys to adj as some technical problem. i can say its is bad service they only give you penuts in profit.
Ryan Wissenk
Calgary Alberta, Canada,
Aug 10, 2012,

Downloaded the demo and it went fine. I enquired about opening a live account and they called me a few times. Found out that they are not a regulated broker and there was just something about the guys that called me that made me feel suspicious and after reading the posts here I am sure glad that I did not take the bait.
Darren Desjarlais
Calgary, Canada,
Apr 26, 2012,

Looks very shady to me, I have been using the demo account, but when a firm is willing to add $1000 to your account for opening a live account with only $5000 in, and give you an ipad3, it smacks of F#%$ing SCAM with a Capital S! What do you think?
Thomas Dale
Ontario, Canada,
Aug 14, 2011,

I was given a demo account to try our the trading systems at GCT Forex Trading. The account was quick and accurate at the point of entry and exit of trades. They were offerinfg20% gift s to money transfered to a live account. On the online account every thing is diferent than on the demo account. I placed the order at a set market price,. Instead of immediate fill at the entrance price your order was put on PENGING in a few minute a message offers you a price well above or below your entance price and if you do not ake the oder your order is nullified. If you do take the offer and you Limit praces is reache the order is ignored and you do not get your profit by default. They give no reason for not filling your oreder or cancelling your order. Any order to sell at a given price and again a message comes with an order well below tyour limit set and n five seconds your oder is cancelled and now you are stuck floating in an impossible way to cash in your order. You either take their price our nothing will be done to buy or sell at the forex market price. It is a complete scam., I also never gote the 20 % gift of money on opening the account.
Jul 21, 2011,

A lot of my positions haven't been closed whose prices were not only met but exceeded. I have saved printscreen images of the same and I would like to raise the issue to the Authorities. I would also like to go to the extent of suing the firm for their negligence causing me unnecessary tension and anxiety.
Citing one case: Order Number 800426.
Short 0.30 lots Bunds @127.54. take profit @127.39.
20 minutes later Bid:127.34 / Ask:127.37
10 minutes later Bid: 127.35 / Ask: 127.38
Position still not closed.
Above all this, they charged me heavy swap charges for the same.
This is one of the cases. Currently, they owe me about $220 for the current positions that are on and for earlier cases like this, I think they owe my about $1150.
Fountain Valley, California,
Jun 14, 2011,

I am glad I read this. I almost opened up an account to trade gold and crude. I cannot believe that they are still in business.
patrick nottage
Apr 13, 2011,

Gci International, in my opinion i a BIG scam,first of all i open my account with no application that was easy with $125.00 visa , u think good i have an account and the lot size is small $25, then i ask for my fifty dollars bonus and they gave it to me cool and im very proud of this company,i practised on an demo account with thier mt4, i also have a fxcm account..THE BEST. and a fxdd live account, And what i experienced is at 8.24 and 8.29 am if i place a trade on my live account on thier station on the euro/dolla the currency goes in the oppisite direction from everybody else about 30pips then it comes back, and on thier own demo mt4 it trades the same direction as everybody else i call it SCAM HEDGING thats probly the governments cut out the deal,the other problem is u get an order fill in about 80pips after you place a trade on the heng seng or cfd it goes through after awile i call it 2 WEEK VACATION ORDER and if you are winning a trade and you want to take the profit the trading station shuts down this happens every day. Thats not bad because THEY'RE ON A LUNCH BREAK then they turn it back on 1hr later dont think you gonna meet your winning trade still in action they let you win a few ,,oh by the way my account got wiped down to $24.95, maybe because i did make about $1500 on my $125 investment and they didnt like it, thats when the
FREDDIE CRUGGER movie starts to get excited with thier trading station it was a nightmare for me in the bahamas, so i supposed they split the money and bought lunch with my investment,,, i guess everybody has to eat right..
saudi Arabia,
Feb 4, 2011,

It is a big scam and Fraud I lost more than $20,000. Avoid Avoid
I experienced different types of actions that led to my loss such as not fill order on time.
Austria Vienna,
Dec 9, 2010,

In ebusiness trading including CFD and FOREX the price and trading should be executed in real-time. But GCI company delayed some instruments of my trading such as NZD/Dollar, Gold/dollar and Dollar/SEK for about 20 minites so that I lost about 2000 Euro in trading.
The company also changed 2 Item of my trading report (such as bonus). The company also deleted my previous account with all its report and money inside it. How can I take my money back or claim?
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