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

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

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:
Regulators:
Prohibited countries:
Trading platforms: MT4, ActTrader
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (40+)
Cryptocurrencies:
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

G
George
Greece,
Jul 31, 2006,
Guest

Horrible when trying to close trades or buy/sell at the market. They constantly requoting and when you try to complain the simply lie. The only good thing about them is their payments department. They send the money fast. Stay away if you plan to trade intraday.
S
Strato
California,
Aug 19, 2006,
Guest

They are the worst, and I do not have to repeat what everyone else said because it is all true. Trying to execute a entry or exit is almost impossible at market Price. Stay away from these scammers because I have been stopped out on GOLD when I did not even have a stop in? I am with Oanda now and much happier.
W
Waqas
Pakistan,
Aug 19, 2006,
Guest

this broker is not as bad as everyone is saying the main two problems are their execution problem and location, i have been trading with them from a year and they seems to be good but sometimes i got requotes in oeak times and i think most broker do the same at peak or news times and their platform is very friendly, simple and easy to use and gcitrading is the only broker offering mini share account which has the best features i have ever seen, you can trade famous individual shares, forex, commodities, indices and many other things on the same platform at the same time and from my knowledge at present no broker is offering such a variety , about their payment section you already have heard it i the best.
H
Hicham Itani ; Abu Dhabi
UAE,
Aug 22, 2006,
Guest

THIS IS SO FAR THE WORST OF THE WORST. WHEN YOU PLACE A MKT ORDER IT IS ALWAYS 3-4 PIPS ABOVE MKT WHEN BUYING AND BELOW WHEN SELLING AND YOU EITHER LIKE IT THIS WAY OR NO TRADE. THEIR PLATFORM IS AMAZING (LOTS OF CURRENCIES ,INDICES OIL GOLD) BUT THEIR SERVICE SUCK. AND YOU CAN TAKE MY WORD FOR THAT
M
Matthew
Germany,
Aug 24, 2006,
Guest

Liars, unqualified untrained people, sitting somewhere in a hole and lying to you about trades etc. They cannot help you just tracking a trade. Once their belize computers went down for days. So nobody could nowhere make a trade. You could not call them, nowhere. New York numbers were either busy or none picked up. The interesting thin is also, if you have somebody on the phone, they never tell you where they are sitting.I am glad that I got out with so little damage.
J
Jon - London
UK,
Sep 5, 2006,
Guest

I advise anyone considering opening an account with GCI to steer clear of this broker for 3 good reasons. 1. The platform is very low featured. News stream is pathetic. Chart tools are 3rd party. Order execution is slow and lagging is frequent. 2. You cannot get execution at quoted prices. They are constantly requoting when you try to open or close a position (effectively widening the spread). 3. Their customer service is awful with untrained staff and a total inability to handle complaints properly. They either ignore you completely or fail to look into genuine issues properly.
M
MvN
South Africa,
Sep 12, 2006,
Guest

I've been a live trader on there platform for more than a week and had two incidents where they do not honor your profit limit, or kick you out earlier that your specified stop loss. The support people working on the "Chat" side is not very helpful. I was warned but did not listen.
R
Rafa
Spain,
Sep 27, 2006,
Guest

I'm operating with this broker for 1 month and traded their demo account for several months. GCI Trading Ltd really SUCKS 1. They ever have slippage 2 pips above or below market depending on conditions 2. They ever re-quotes you when you try to close a position, even in a very slow market. EVER if you click to close a position when market is in calm the order turns green for more than 20 long seconds and ever lose 2 pips at least 3. limit orders never work in volatile conditions, or maybe i should say, they work but first they put the damn green color on the limit order, and they only fill you if price go far against you but the worse is, they fill you 10 or 12 pips above your price! 4:if you have a winning position it takes up to 30 seconds to close it, im talking about a market in calm, they ever re-quote you offering a price 2 pips above the price. so what happen with this people? i chatted with live person at gci and asked why their platform was showing 1.2713 for 30 seconds since i clicked close, and ask about re-quotes etc. answer was "data release" All this shit happens ALL the time those bastards
P
puran chetri
India,
Oct 5, 2006,
Guest

the hell of the hell trading platform ever to exist on the planet. all the things that have been said about them are 101% correct. i had terrible trading experience with them, so if u want to have the same experience please go ahead and open an account with them and have the pleasure.
T
Tomas
Prague,
Oct 6, 2006,
Guest

HANDS AND MONEY AWAY !!! BIG WARNING !!! Liars, nonprofessionals, huge slippage, widening spread ( they wait with execution until the market turn against you, you cannot operate with orders ) scalpers, real market maker, slow platform, huge charting difference in comparison to other brokers, no gaps at charts ( you cannot ensure market move ) , they dont tell you symbol of their " commodities " , - you cannot ensure their charts.
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