GCI Trading review: Platforms, Trading Instruments and Broker Ratings.
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.
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.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$500|
|Address:||Griffith Corporate Centre Kingstown, Saint Vincent And Grenadines|
|Contact:||firstname.lastname@example.org, + 1 800 604 2457|
|Trading platforms:||MT4, ActTrader|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|CFD:||(205+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, PerfectMoney, Skrill|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, PerfectMoney, Skrill|
Recent User Reviews of GCI Trading
IFSC do nothing. They must be partners.
Don't even think about opening an account with.
I request you people to help me. They took 20000 USD from me.
Be warned try someone else.
Anyone out there have a decent broker??
Account: MT4 me:XXX Currency: USD 2009 June 26, 15:59
Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit
69335 2009.05.05 13:00 balance Adj: scalping reversals -1 345.45
I WAS AN IB for GCI for 5 years.....All of a sudden they cut me off without notice owing me 12, 000.......Totally unethical
Scam Investigations Committee Note: The FPA was trying to help Lynda negotiate with GCI Trading over this complaint. GCI stopped responding to her and refuses to answer questions from the FPA.
2007-06-30 4 Stars Been dealing with gci for 3 yrs......highly recommend for swingtrading...any disputes r settled in honorable and honest manner...Admin is very good...dealing desk is good....except during volatile mkts....which is the same with any other broker....I am satisfied.....
2009-05-11 1 star GCI works when you stay on the demo side. Quick response helpful and to get your money into your account is like a dream. BUT.When you are trading live and you have a problem, you have a problem. Well I had. And I am busy with a case where the trade hit my TP and nothing happend. Then the trade turned against me and when I manually stopped it out to limit my loss at 19 pips they said I voided the transaction by changing the order. The original stop loss was 35. So they wanted another 16 pips from me and not just 19 :) And then they argued the trade turned 3 pips from my TP and I have screen shots where it went 3 pips passed. They try and wiggle themselves out of this one with the silliest excuses like I only reported it an Hr after it happend, why not right away? Its too late. WOW! After I repeated to them what they told me they said I'm twisting their words. I have it on black and white so they have very short memories too. And all seems to fit their pockets. Now I never tried to draw money. So now wish me luck with that. But I would not open an account with GCI or recommend them to anyone. I believe all the other bad reports on GCI on here.
no right over my account.:)
The trade was placed with ticket number: 1682. on Wednesday 8th oct. and the trade was closed on thursday by GCI with balance of over $22,000.I wrote GCI to refund my account and not to re-instate the trade. Because the trade had already hit my take profit at 98.71. If GCI did not close the trade, it had hit the take profit.
I placed a trade which i did not close,therefore,I see no reason why GCI should close a trade on my behalf when I still have money worth over $22,000 in my account. Therefore the state of the account before their undue interruption and after your interruption should be put into consideration.
POSITION ON INTERRUPTION:see below
Open Time=2008.10.08 17:40
Close Time=2008.10.09 04:34
The price only moved seven(7) pips up and came down to hit my take profit.I
was watching so closely.
I never requested for re-instatement of the trade, but of my account to be refunded including the profit. (Please direct me on how to send all the evidents to you)
Please i want you to intervien in this Knowing that this is my hard earned money.I have been communicating with them since but they promise to do something but since then nothing has been done to remedy the situation.I shall be happy if my case is properly looked into.
Thanks in anticipation
Account number 1055(MT4).