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

S
Sibali
Pakistan,
Oct 21, 2009,
Guest

GCI... don't call them Scam...It's a small word, They are Cheaters, robbers. They Simply take your money when you earn.
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.
T
Tjahja Sanggara
Jakarta, Indonesia,
Apr 13, 2021,
Guest

Withdrawal Done

Service use: Live Length of use: 6-12 Months
After 5 days i posted about my problem here, my withdrawal sent.
To FPA admin please delete my posting before

Apr 8, 2021 - 1 Star I was trading with deposit 500$ by skrill and now my account growing to 3401$, then i was ask and sent form for withdrawal. Until 20 days still no transfer to my skrill. Was chated also 4 days with 2 differnet agent but only ask me for email again and waiting.
Forex Peace Army
Review moderation team note
How a company handles complaints is very important information for potential clients.

The FPA doesn't remove complaints.  The FPA is happy to post updates when a complaint is resolved.  We are glad you eventually got your withdrawal.
K
Krell
China,
Sep 25, 2008,
Guest

SCAM!!!
Don't open account with GCITrading.
COnfirmation of order takes minutes (becuase they are manipulating)!
D
Darren Desjarlais
Calgary, Canada,
Apr 26, 2012,
Guest

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?
J
John
, Switzerland,
Dec 28, 2014,
Guest

Check on the Name of Mitch Vazquez before You Open an Account with his Broker!
D
Desbert
malaysia,
Jan 17, 2007,
Guest

Guys, Believe me, their execution on high volatility instruments IS awful. Basically, you can never trade at all !!! It takes about 20 seconds for the order to materialize, and by that time, of course price had changed, so what happen? You have to remove the order. I agree that their demo version doesn't at all represent the real version in this sense. Trust me !
A
Adam
Fountain Valley, California,
Jun 14, 2011,
Guest

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.
L
Lynda
Ottawa,
Jun 26, 2009,
Guest

Issue escalated to Traders Court RESOLVED FPA Scam Confirmation against GCITrading.com | RESOLVED
FPA Scam Investigations Committee Update 2013-01-24: GCI and this client have reached a mutually satisfactory agreement. The FPA considers this issue to be fully resolved.

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.....
W
William Zanicotti
Mexico,
Aug 16, 2007,
Guest

I've opened an account with GCI only to find out that the DEMO is identical to the LIVE account only in the "skin". The trading is WAY different from one another. While in the demo the execution of orders takes 1-3 secs, in the LIVE it takes 10-15 secs (FOREVER in a changing market as FOREX is). Very disappointed to find out this IMPRESSIVE slow order execution, costing me 360 bucks. My only order, followed by closing my account. Besides I have an issue with the closing of my only open position...I closed it at -6 and in my statement appears a -9. I've contacted the dealing desk just yesterday, so I hope to hear from them soon.
M
mukesh28786
gujrat, India,
Oct 3, 2016,
Registered user

gci trading 100000% scam company

its fully scam company dont invest your money in this company .
GCI trading company is 1000% scam with clients and client have only one way die ....
do you think this is better
i have all proof against this company scam
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