- Country: Belize
- Regulation: IFSC
- Type: Market Maker / ECN
- Markets: Forex, CFDs and binary options
- Minimum deposit: 500 USD
- Deposit methods: transfer, card
- Platforms: MT 4, ActTrader, Web
- Spread: from 1 EURUSD
- Commissions: no
- Scalping: yes
What is GCI Financial?
GCI Financial is a Forex and CFD broker established since 2002 with headquarters in Belize and an office in New York, where he has recently been registered with the NFA.
This broker provides educational services such as trading signals, trading video tutorials, as well as various manuals on different markets and services.
GCI minimum deposit
The minimum deposit to open an account is 200 USD. The same can be done by transfer, card, Skrill, Online Banking and Perfect Money.
The platforms it offers are ActTrader CFD and MetaTrader 4 , as well as their mobile versions. It also offers its own web platform.
GCI Financial Accounts and Products
GCI offers trading in Forex, CFDs on metals, commodities, indices and stocks, and also binary options.
In July 2018, a new maximum leverage will be applied for traders residing in Europe by ESMA regulations. The same, which will apply to Forex products and CFDs we have it in the following table:
Click here and open an account from 5 USD with one of the best brokers on the market
|Main Forex pairs||30: 1 or 3.33% margin|
|Main indices, gold and minor Forex pairs||20: 1 or 5% margin|
|Lower indices, commodities and exotic Forex pairs||10: 1 or 10% margin|
|Actions||5: 1 or 20% margin|
|Cryptocurrencies||2: 1 or 50% margin|
|Lot size||100 CFDs10,000 Forex||1,000 CFDs100,000 Forex|
|Leverage||20: 1 CFDs stocks400: 1 Forex||20: 1 CFDs stocks400: 1 Forex|
GCI Financial spreads and commissions
|Gold||Four. Five||Four. Five||Four. Five|
|Manzana||9 cents.||9 cents.||9 cents.|
GCI does not charge extra commissions. They are included in the spread.
GCI Financial commissions
This is a good Forex and CFD broker with quite a few years on the market, which has made a good move with the opening of an office in the United States and the regulation of the NFA. This will help create more confidence in potential international clients, as it was previously regulated only in Belize.
Trading conditions are fine in Forex, but we have to note that the minimums to operate in the instruments can be somewhat high, such as 0.1 lots in Forex or 100 CFDs on stocks, making this broker not the most appropriate for small accounts. However, the $ 500 limit already puts a small barrier to the entry of such customers.
For more information, visit the website .