According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 500 US dollars
- ActTrader
- MetaTrader4
- 1997
Our Evaluation of GCI
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
GCI is a broker with higher-than-average risk and the TU Overall Score of 4.51 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by GCI clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
GCI is a broker that is suitable for both novice and professional traders due to the availability of different account types, including demo accounts.
Brief Look at GCI
GCI has been operating in the financial market since 2002 and is one of the first to provide traders with access to Forex and CFDs. The brokerage company offers trading currency pairs, metals, and CFDs on stocks, indices, futures, and commodities. The broker is registered in Saint Lucia under registration number 2023-00048.
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- The broker has received numerous international awards, including “Best European Forex Broker” and “Best Introducing Broker”;
- Availability of ActTrader and MetaTrader 4 for trading from PC and mobile devices, regardless of the operating system;
- Absence of trading fees increases trading efficiency;
- Hedging, which is opening positions on the same instrument in different directions to reduce risks, is available;
- Demo account provides for novice traders to learn trading without financial risks, and experienced clients to try out different trading strategies.
- A small choice of payment methods for depositing and withdrawing funds;
- The broker is not licensed by any regulator that controls the activities of companies in the field of financial services;
- No cent accounts.
TU Expert Advice
Author, Financial Expert at Traders Union
GCI offers a variety of services including Forex and CFD trading across currency pairs, metals, indices, futures, and commodities through ActTrader and MT4 platforms. The broker accommodates both novice and experienced traders by providing demo accounts alongside Standard and ECN accounts. With leverage up to 1:400 on currencies and no trading fees, GCI ensures a cost-efficient trading environment. Additionally, the broker features no deposit or withdrawal fees and allows hedging for risk management.
However, GCI's trading offerings come with certain drawbacks. The lack of Tier-1 regulatory oversight and a limited choice of payment methods may not satisfy all traders, particularly those who prioritize regulation and flexible transactions. Moreover, its offerings in tradable assets and educational resources are limited. GCI may be a suitable option for experienced traders prioritizing low-cost Forex trading, while those requiring higher regulatory assurance and broader asset diversity may explore alternatives.
GCI Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4 (desktop, mobile, and web versions) and ActTrader |
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📊 Accounts: | ActTrader, MetaTrader, and demo |
💰 Account currency: | USD and EUR |
💵 Deposit / Withdrawal: | Bank cards, bank transfers, and Perfect Money |
🚀 Minimum deposit: | $500 |
⚖️ Leverage: | Up to 1:400 for currencies and up to 1:20 for certain stocks |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 |
💱 EUR/USD spread: | 0,2 pips |
🔧 Instruments: | Currency pairs (39), CFDs on stocks (180+), indices (17), futures (7), commodities (11), and metals |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | Own providers |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market execution |
⭐ Trading features: | Zero trading fees |
🎁 Contests and bonuses: | Yes |
GCI offers more than 250 financial instruments, MetaTrader and ActTrader, and two account types with different conditions. Trading leverage is up to 1:400 for currencies and up to 1:20 for other assets. To test trading conditions and various strategies, the broker offers a demo account. GCI does not have cent accounts.
GCI Key Parameters Evaluation
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Trading Account Opening
To start trading through this broker, register and open a trading account. Below is a short guide:
Go to the GCI official website and click the “Register” or “Open a Live Account Now” button.


Complete the form indicating the user account type, trading account, your first and last names, email, country, and phone number. On the new page, provide your registration address, citizenship, account currency, asset types, deposit, annual income, introducing broker, and voucher code (if any).
A user account with all its functions is available only upon verification. After completing the registration forms, the next step is to send documents that confirm your identity and registration address to the broker's email. The user account is activated upon verification, as reported in the response letter.
Regulation and safety
GCI has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- Track record over 28 years
- Not tier-1 regulated
- Not regulated
GCI Security Factors
Foundation date | 1997 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
GCI is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker GCI have been analyzed and rated as Low with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of GCI with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, GCI’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
GCI Standard spreads
GCI | Pepperstone | OANDA | |
EUR/USD min, pips | 0,6 | 0,5 | 0,1 |
EUR/USD max, pips | 1,4 | 1,5 | 0,5 |
GPB/USD min, pips | 1,8 | 0,4 | 0,1 |
GPB/USD max, pips | 2,2 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
GCI RAW/ECN spreads
GCI | Pepperstone | OANDA | |
Commission ($ per lot) | 2,5 | 3 | 3,5 |
EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
GBP/USD avg spread | 0,5 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with GCI. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
GCI Non-Trading Fees
GCI | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0-15 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
GCI offers two main account types depending on the chosen trading platform, such as MetaTrader 4 or ActTrader. This broker also has ECN accounts, which are available in the MetaTrader account settings. The maximum leverage for currencies is 1:400, and for some stocks, it is 1:20. On all account types, the minimum deposit is $500, with no trading fees, and spreads that start from 1 pips.
Account types:
Demo accounts can be opened regardless of the type of trading platform selected.
GCI is a broker with favorable trading conditions for novice and experienced traders, offering standard, ECN, and demo accounts.
Deposit and withdrawal
GCI received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
GCI provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank wire transfers available
- Bitcoin (BTC) accepted
- PayPal supported
- No deposit fee
- Only major base currencies available
- Limited deposit and withdrawal flexibility, leading to higher costs
- High minimum withdrawal requirement
What are GCI deposit and withdrawal options?
GCI provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Neteller, BTC.
GCI Deposit and Withdrawal Methods vs Competitors
GCI | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | Yes | Yes | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are GCI base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. GCI supports the following base account currencies:
What are GCI's minimum deposit and withdrawal amounts?
The minimum deposit on GCI is $500, while the minimum withdrawal amount is $500. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact GCI’s support team.
Markets and tradable assets
GCI offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 40 Forex pairs.
- Commodity futures are available
- 40 supported currency pairs
- Indices trading
- Limited asset selection
- Bonds not available
%1$s Supported markets vs top competitors
We have compared the range of assets and markets supported by GCI with its competitors, making it easier for you to find the perfect fit.
GCI | Plus500 | Pepperstone | |
Currency pairs | 40 | 60 | 90 |
Total tradable assets | 300 | 2800 | 1200 |
Stocks | No | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products GCI offers for beginner traders and investors who prefer not to engage in active trading.
GCI | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | No | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
Support service operators are available 24/5.
Advantages
- Non-clients of the broker can contact technical support
- Support is available in 8 languages
Disadvantages
- Support is not available on weekends
- Call back is not available
To contact support, you can use the following communication channels:
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telephone;
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email;
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live chat;
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feedback form.
Support representatives respond to all users, whether they have a user account with the broker or not.
Contacts
Foundation date | 1997 |
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Registration address | GCI Financial Ltd, 1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, P.O. Box 838, Castries, St. Lucia |
Official site | gcitrading.com |
Contacts |
+ 1 800 604 2457
|
Education
The GCI website has a comprehensive section with training and various useful resources. This broker provides a lot of important information for novice and professional traders.
This broker does not offer cent accounts. To apply theoretical knowledge in practice, you can train on a demo account with virtual currency.
Comparison of GCI with other Brokers
GCI | Bybit | Eightcap | XM Group | Pocket Option | LiteFinance | |
Trading platform |
ActTrader, MetaTrader4 | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | Pocket Option, MT5, MT4 | MT4, MT5, MultiTerminal, Sirix Webtrader |
Min deposit | $500 | No | $100 | $5 | $5 | $10 |
Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:1000 |
From 1:1 to 1:1000 |
Trust management | Yes | No | No | No | No | Yes |
Accrual of % on the balance | 4.00% | No | No | No | No | 7.00% |
Spread | From 1 point | From 0 points | From 0 points | From 0.8 points | From 1.2 point | From 0.5 points |
Level of margin call / stop out |
No | No / 50% | 80% / 50% | 100% / 50% | 30% / 50% | 50% / 20% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | No | No | Yes |
Detailed review of GCI
GCI focuses on the most comfortable and profitable trading conditions. It does not set restrictions on the use of trading strategies and provides the fastest market execution. Clients can use the service of copying signals, automated trading, and newsfeeds to stay current on financial matters. You can trade on two live account types, or you can open a demo account for risk-free virtual currency trading.
GCI by the numbers:
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250+ trading instruments;
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15 different international awards;
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More than 20 years of experience in financial markets.
GCI is a broker for ECN and social trading
GCI offers trading on standard accounts or choosing the ECN technology that allows retail traders to trade directly with large banks and financial institutions. ECN trading is beneficial for clients due to the minimum trading spreads. Currency pairs, metals, and CFDs on stocks, indices, futures, and commodities are available for trading. For passive income, there is a platform that provides the service of copying signals of successful traders.
Clients of the broker can use the stationary and mobile MetaTrader 4 and ActTrader platforms. The company also offers the GCI Trade Copier plug-in for creating an unlimited number of user accounts with further copying trades from the main account to all sub-accounts.
Useful services offered by GCI:
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Live chat. The company's website offers live chat for the fastest communication with representatives of the broker and real-time resolving issues;
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Forex charts. Traders can trade directly from the charts using a variety of technical indicators;
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Economic calendar. The company's clients have access to all the necessary information about events that can significantly change the situation in the financial market;
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ActTrader account statements. There is no need to look for information in your user account. All data is displayed on the Account Statement page. You can also get information about transactions for any period directly in ActTrader.
Advantages:
The company's capital is separated from client funds, and all traders' money is held in accounts with reliable international banks;
This broker provides a lot of useful information and various tools for comfortable trading;
Orders are confirmed within seconds at prices accepted by traders;
Client accounts are protected from negative balance, so it is impossible to lose more than what is on the trading balance;
The opportunity to receive 4% per annum of the deposit.
The personal data of the company's clients are securely protected by a privacy policy and SSL encryption technology, which prevents the interception of information by third parties.
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