Score

1.54 /10
Danger

GCI

Saint Lucia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Broker Information

More

Company Name

GCI Financial LTD

Company Abbreviation

GCI

Platform registered country and region

Saint Lucia

Company website

X

Facebook

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GCI · Company summary

BASIC INFORMATION:

Founded in 2002, GCI Financial Ltd offers over 300 tradable financial assets and educational tools for both beginners and experienced traders. The company has clients from all over the world, including Europe, India, and Australia.

REGULATORY INFROMATION: LICENSE

No valid regulatory information

Please be aware of the risk!

MARKETS

GCI Financial offers over 300 instruments across several asset classes:

· Forex – Trade 40 major, minor, and exotic currency pairs including EUR/USD, EUR/GBP, and AUD/USD

· Indices – Trade 17 world stock market indices including the FTSE 100, Dow Jones, and S&P 500

· Metals – Trade on gold, silver, platinum, palladium, and copper

· Commodities – Trade on oil and natural gas, as well as commodity-backed bonds

· Shares – Trade on a range of global shares including Facebook, Deutsche Bank, and Sony

SPREADS & COMMISSIONS

Spreads start at 1 pip for the EUR/USD and around 2 pips for the GBP/USD and EUR/GBP. Typical spreads on major indices, such as the FTSE and Dax, start at 3 points. Spreads on gold and silver are 45 and 5 respectively.

Accounts are commission-free, so its just the spread to take into account. Overall, trading fees are around the industry norm.

LEVERAGE

Across both MT4 and ActTrader, maximum leverage on currencies is 1:400 while on shares, its 1:20.

ACCOUNT TYPES

GCIs account offering is based on the two platforms available: MetaTrader 4 and ActTrader. Both accounts require a $500 initial deposit and offer trading in forex, indices, metals, crude oil, individual shares, and commodities.

The ActTrader account requires 10,000 currency units per lot, whilst the MetaTrader account requires 100,000 currency units per lot. The MetaTrader account also gives you a choice of ECN or traditional execution, no requotes or delays, and NDD instant execution in major currencies

PAYMENT METHODS

Deposits

Traders can fund their account using several fee-free methods:

· Wire transfer – 1 – 3 business days

· Perfect Money – 1 business day

· Neteller – 1 business day

· Skrill – 1 business day

The minimum deposit is $500 and there is no maximum deposit limit. Note some methods may charge their own commission fees.

Withdrawals

Withdrawals can be made via the same methods listed above. Traders will need to complete a withdrawal form (online or PDF) available from the client portal, and email it back to the broker. There are no withdrawal fees and most payment requests are processed within 24 hours.

TRADING PLATFORMS

· MetaTrader 4

· ActTrader

TRADING HOURS

Forex can be traded 24 hours a day, however for other assets, trading times vary:

· North American shares – 9:30 am – 4:00 pm EST

· European shares – 3:00 am – 11:30 am EST

· Asia-Pacific shares – 8:00 pm – 2:00 am EST, or 8:00 pm – 10:00 pm and 12:30 am – 2:00 am EST, depending on the share.

· Commodities – Sunday 6:00 pm – Friday 4:00 pm EST

· Forex futures – Sunday 5:00 pm – Friday 4:00 pm EST

CUSTOMER SUPPORT

GCI offers a customer support help desk in eight different languages, including English, German, Russian, and Japanese.

The broker can be contacted via:

· Email – info@gcitrading.com

· Telephone number – +1 800 604 2457 (24/5 GMT)

· Live chat

ACCEPTED COUNTRIES

GCI accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use GCI from Afghanistan, Bosnia and Herzegovina, Cuba, Eritrea, Ethiopia, Iran, Iraq, Kyrgyzstan, Laos, Libya, Korea, Sudan, Syria, Venezuela, Yemen, Uganda, United States

User Reviews

More

User comment

2

Comments

Write a review

4orensicwatchC0m5152
more than one year
They really showed me how much they can't be counted on I invested 2btc with them and I was making withdrawals even my bonuses went up as supposed but at a point I realized I couldn't make withdrawal again not too long I got a notification that my account has been locked out so I emailed them but instead I was told to make more payment if not for the help of an expert, I wouldn't have been able to get my money back. If you are a victim, Check My Display name for help.
They really showed me how much they can't be counted on I invested 2btc with them and I was making withdrawals even my bonuses went up as supposed but at a point I realized I couldn't make withdrawal again not too long I got a notification that my account has been locked out so I emailed them but instead I was told to make more payment if not for the help of an expert, I wouldn't have been able to get my money back. If you are a victim, Check My Display name for help.
Translate to English
2023-07-12 10:42
Reply
0
0
Wong Ha Leong
more than one year
One of my netizens recommended this company to me, saying that the trading conditions are very attractive, but I saw that it does not have any regulatory licenses. Should I remind him to get the money out quickly? Or is he actually a liar?
One of my netizens recommended this company to me, saying that the trading conditions are very attractive, but I saw that it does not have any regulatory licenses. Should I remind him to get the money out quickly? Or is he actually a liar?
Translate to English
2023-02-20 18:47
Reply
0
0