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GCI Financial review

GCI Financial


On-line since: 2002
Country of origin: Belize
Regulation: Registered by International Financial Services Commission of Belize
Payment options: Wire transfer, credit cards, PayPal, Moneybookers, WebMoney and check
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD

About the company:

GCI was found in 2002, and is among pioneers at the markets of currency and contract for difference (CFD) trading. GCI Company has about 10 000 clients all over the world, including individual traders, companies and account managers.

GCI offers its clients a modern, reliable and not sophisticated system for online trading. The clients’ funds are kept on segregated accounts and are insured; and the dealing experience of the company meets the highest requirements.

GCI Financial 7/10 (votes 4980)
Author of GCI Financial: Juju | Date 2019-11-27
I can't give a lot of good comments to this broker. Because I only experience bad things during trading. I experienced quite a lot of losses. And take up my time. Yesterday I closed all my accounts at this broker. After I calculated, my total loss was more than $950. I also find it difficult to close my account. They want the benefits of my loss. It is very funny.
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Author of GCI Financial: Firmino | Date 2019-08-23
I made a profit of $200 this couple of months and I requested to withdraw the profit with my first deposit of $50. I traded only major pairs EUR/USD, USD/JPY. I had a surprise when I got the approval to withdraw it was not $250 as it should but $150, because $100 was hidden commission kept by the broker. They made it clear, I would take $150 or nothing. That is why I will not trade again on this forex.
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Author of GCI Financial: Faltyu | Date 2019-07-21
I opened an account with GCI Financial broker, I requested to withdraw $1400 via wire transfer from my balance 16 days ago still no processing from GCI Financial. In first emails they replied that my withdraw in process but after that they not reply me. My manager is also not replying my emails. I want my back. Please guide me.
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Author of GCI Financial: Esay | Date 2019-05-17
The desktop version of GCI Financial's platform is okay. It runs well and it is easy to use. However, my problem is the mobile trader. There are times when it doesn't open and it also crashes at times. I am sure that the problem is not on my phone because its specs are a lot higher than what the application requires. It's just frustrating because I personally prefer trading on mobile.
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Author of GCI Financial: Tvgozae | Date 2019-02-17
I have been using GCI Financialfor four months and have had nothing but bad experiences with them. Spreads so much that even EUR/GBP has 12 pips spread at times when other brokers have a 3 pips spread. Beside this Couple of times I placed trail stop orders using a straddle strategy and got 30 pips slippage every time. After that I decided to leave this broker and made withdrawal request of remaining balance from both account, money return to my account 25 days later. Avoid this broker.
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Author of GCI Financial: pipmerahmarun | Date 2018-11-30
I regret opening a trading account in GCI Financial until now. I know this broker from my colleague who said get many profit and bonus during he traded there. Besides he said the platform in GCI is stable and the spread is not crazy during volatility times. After I try their system in demo account, I opened the real one last months but the platform got frozen, especially when I was trade in the night and when I trade using mobile trading application. In the other side their minimum account size $2,000 so big to me. In my first trading I deposit that big $2000 but they only give me 5%. I think it too small. My experience during trading at the broker was very different from the experience told by my colleague. Did he lie? I feel the capital and profits I trade here are not balanced so I intend to find another broker.
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Author of GCI Financial: Robahh_ Kenya | Date 2018-09-20
Profit Group isn't perfect for trading in the market, because of the worst MT4 platform. I have traded in a Algorithm-ECN account, where I have always faced that my order didn't execute on my desired position. it could be delay almost 10 to 20 seconds and my all positions slipped 15 to 20 pips. Besides when I want to close any trades on the MT4 platform then I am unable to close these trades and I can't set up an EA. That's why I had to get $153 loss so far. While my invest were $200 and its almost lost. So I try to leave them by requesting a withdrawal for my money back. But the withdrawal order has been canceled. I have asked for their support and sent several emails but I didn't get any response from them.
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Author of GCI Financial: fxpakenman | Date 2018-01-30
I have been trading for a month with GCI and I lost about 30% from my capital. Everything is okay in my first trading process, the platform run fast because their own server are strong so the execution run smoothly and very satisfactory. In my first trading I got bonus and profit about 15% to 25%. But I have been depositing when I withdrawing my profit both via wire transfer and PayPal. I try to think positively, and I try to trade again, but I actually suffered losses because the spread suddenly increased without prior notice. This also happens in my 3rd trading, until I feel I have to stop trading at GCI because I lost all of my deposit. I won't recommend this broker to any trader. They only provide ease and false promise at the beginning of trading to get a deposit from traders
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Author of GCI Financial: Lodi | Date 2017-12-21
Their connection is very bad and often crashes, there were constant re-quotes also. Their bad platform always shutting down many times. I often loose money as their positions are automatically closed at stop loss point. I won’t be investing more with this company.
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Author of GCI Financial: shahfx | Date 2017-11-16
it has been a month my withdrawal still pending and there is no respond from them after they ask me to re upload again my document for verification. My withdrawal only for 2000 USD and the method of payment via wire transfer. I manage to gain 2000 USD after 3 month trading with very caution in making entries but when I manage to gain such amount they delayed the process. Document for verification has been given but there is still no answer from them. My money also has been deducted from trading account but still not transfer yet into my bank account. If this problem still not solve I’ll consider this broker such a scam broker.
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