Pros
  • ActTrader and MetaTrader 4 for trading from PC and mobile devices
  • No trading fees increases trading efficiency
Cons
  • No regulation
  • A small choice of payment methods for depositing and withdrawing funds
  • No cent accounts

Reviewed broker: GCI Trading 

Established in 2002

Location: Saint Lucia 

Regulation: not regulated

Trading instruments: Forex, Indices, Metals, Commodities, Shares, CFDs

Operated by GCI Financial LTD

ECN trading: yes

Latest awards: 20 YEARS OF EXCELLENCE INDUSTRY RECOGNITION AWARD – 2022

Trading Conditions

Base currency: USD, EUR

Margin Requirement 0.25% on Forex, 1% or less on other products

Leverage individual shares 20:1, currencies 400:1

Spreads are  as tight as “1 pip” for the EUR/USD trading pair. 

GCI offers a zero-commission ECN.  Our fees are built into the spread so no commissions are added.  Traders benefit from direct access to deep liquidity and interbank pricing and execution.  All instruments in the “Forex-ECN” folder are ECN.

ECN Trading advantages:

  • Inter banks prices and spreads with no commissions
  • No dealing desk execution & No re-quotes
  • Straight through processing with banks liquidity
  • All traders are welcome (Scalpers & Scalping EAs)
  • 5 decimal places, 3 decimal places in JPY pairs

Account Types

ActTrader Account

The ActTrader Account is ideal for traders wishing to trade currencies and other major financial products with a low minimum transaction size and user friendly interface.

  • $500 to open
  • 10,000 Currency units per lot
  • Currencies, Equity Indices, Crude Oil, and Metals
  • Robust multi-account management capability
  • ActTrader trading software 

MetaTrader Account

The MetaTrader Account offers a wider product range and the MetaTrader software platform. While default lot sizes are 100,000 currency units, traders can select as little as 0.10 lots to transact. Unlimited charting and programmable trading signals are among the features offered in GCI’s MetaTrader account.

  • $500 to open
  • 100,000 Currency units per lot; fractional lot capability
  • Currencies, Equity Indices, Crude Oil, Metals, and Shares
  • Your choice of ECN or traditional execution
  • MetaTrader software
  • “No Dealing Desk” instant execution in major currencies.
  • No requotes or delays. 

Trading Platforms

ActTrader Forex Trading Platform

Trading on the most sophisticated and secure Forex software with GCI, and benefit from:

  • Currencies, Gold, Crude Oil, Indices, and more
  • 1 to 2 pip spreads in major currencies
  • Unlimited charts and technical indicators
  • Easy to learn with our Free Forex eBook
  • 4% interest paid on your account balance
  • Instant fills.  No requotes or delays
  • Full white label and partner support available

MetaTrader 4 Forex Trading Platform

Trading on the global standard in reliability, MetaTrader 4 with GCI, and benefit from:

  • Currencies, Gold, Crude Oil, Indices, and more
  • 1 to 2 pip spreads in major currencies
  • Easy to learn with our Free Forex eBook
  • Full White label and Multi-Account support
  • 4% interest paid on your account balance
  • Instant fills in Forex.  No requotes or delays
  • No-Dealing-Desk and ECN order processing

Payment Options 

Minimum deposit requirement is $500 (extremely high minimum deposit requirement compared to other brokers in the industry)

Payment methods include: Wire Transfer, Perfect Money

Customer Support and Educational Material

Customer representatives: phone, chat, feedback form, email

Education: forex news, trading signals, economic calendar, live quotes and charts, Forex Advantage, Basic Forex Terms, Types Of Orders, Winning Tactics, Glossary Of Concepts, User manual. 

How was the rating of GCI Trading performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on GCI Trading FX broker performance and features. 

Overall our online GCI Trading review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online GCI Trading or you find inaccurate details GCI Trading broker review please get in touch with us and the changes will be applied.  

GCI Trading Details

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