GCI Forex Broker Review

Company GCI
Founded in 2002
Online since 2002
Offices in Anguilla
Payment options CashU, Credit/debit cards, Liberty Reserve, Moneybookers, PayPal, WebMoney and Wire Transfer
Demo Platforms Meta Trader 4, ActTrader
Account currencies Euro, Russian Ruble and United States Dollar
Currency pairs AUD/CAD  AUD/CHF  AUD/JPY












US Traders welcome? No
Website available in (languages) Arabic, Chinese, English, French, German, Japanese, Russian, Spanish
Support available in Arabic, English, French, German, Russian, Spanish
Support methods CallBack, Email, Live Chat, Phone, Web form
Account Types (micro standard executive islamic) MT4, ActTrader
Minimum account size $500
Minimum position size 0.1 lot
Spread type Fixed
Minimum spread on EUR/USD, pips 1.0 Pips
Scalping Allowed
Expert advisors Allowed
Trading instruments (GOLD; CFD, etc. and the leverage) Forex – 1:100
Trading platforms Meta Trader 4
Digits after the dot in quotes 5
Number of currency pairs 34
Bonus offers Yes
Free education Yes
Segregated accounts Yes
Managed accounts Yes
Affiliate program Yes
Islamic accounts available Yes
·         Hedging Yes
Overnight interest rates (swaps) Yes
Trailing stop Yes
Pending orders Yes
Mobile trading Yes
Automated trading Yes

gciGCI forex broker which was earlier known as GCI Financial was established in the year 2002 and also started its internet based online service the same year. The company has its office in Anguilla. They have many features which is liked by the traders and it includes various bonus offers, free education, various accounts like segregated and managed and even Islamic accounts for Muslim traders who follow Islamic laws on trading. They also arrange for Affiliate program for their traders. They offer many payment options like CashU, Credit cards, Debit Cards, Liberty Reserve, Moneybokers, PayPal, WebMoney and wire transfers which make deposit and withdrawal of fund hassle free. The currencies that you can have in your accounts are Euro, Russian Ruble and United States Dollar. Their website and customer support service is multilingual and is available in 8 and 6 languages respectively. The customer support service is excellent and is made available to the clients via callback, email, live chat, phone and web form.

The demo account is also provided to the clients and the demo platform allowed is Meta Trader 4 and ActTrader. However, for real trading the trading platform offered is Meta Trader 4 which is a well-known trading platform in the forex market and is also the most used and ActTader for ActTrader account. The different account types offered by the company to their clients are MT4 and ActTrader and the minimum amount required to open an account with them is $500 and the minimum position size is 0.1 lots. Scalping and the use of Expert Advisor are also allowed to the traders which helps them in making maximum profit. The only trading instrument that is offered for trading is forex and the maximum leverage on it is 1:100. They also allow their clients to use hedging while trading.

If you are looking for a reliable forex broker to start trading then the first thing you need to check is that it is regulated or not and secondly go through its reviews posted online. The GCI forex broker has many positive reviews which show that their clients are happy with their service. The fact that that is most like by most of traders is that they offer 34 currency pairs to trade in which includes all the major pairs of the forex market. Other thing that is liked by most of them is that they allow scalping and the use of Expert Advisor. Many traders who are always on the move have written that their mobile trading service is extremely fast and good. The availability of website and customer support service in many languages is also liked by many users. Their customer support service is highly responsive and very friendly. The host of payment options including PayPal is liked by many clients as mentioned in their reviews. Some of the cons is that it is not regulated and it does not offer any trading instrument other than forex. However, the overall rating given to the company by its users is 5.7 out of 10.

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