GCI Financial reviews




Average: 3.1 based on 9 reviews
3.11111
GCI Financial
GCI Financial Forex broker reviews

Follow discussion about GCI Financial


  • Website: www.gcitrading.com
  • Year since: 2002
  • Headquarters: Anguilla, British West Indies
  • Company registration: GCI Financial LLC, British West Indies
  • Regulation: Not regulated.

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REVIEWS & RATINGS

Rating interpetation



Germany, Steffen

May 5, 2011



8y - live & demo combined Total
5y live / 1month demo with this Broker
4


I think the key to trading successfully with them is to not try to scalp profits in and out of the market. That's probably why gci trading gets that much bashing. Scalping with them simply won't work. Trade carefully and you'll end up making more than satisfying profits... They've been my primary broker for 3 years now and I have no plans on changing any time soon. I usually withdraw once a month and it's gone smooth every time.

No 5 stars as no one broker in the world could possibly bring ALL the elements I need to the table and there’s always room for improvement anyway.

Bahamas: My "real-life" job is computer programmer and I can tell you that I hardly believe it's possible (or even if it is it would be completely un-manageable) for gci to remotely "freeze" your platform. I may be mistaken but I can't see *New feature: Remotely freeze users who are making profits* as a selling point for the creators of the MetaTrader platform … it's not in the MT4 feature list as far as I can read :-)

If you've really been in the market for 10 years you did your research before trying out gci right? ($125 with that much experience ???). So you did see all the reviews saying not to trade the news with them yes?

-------------------------

It seems to be the new trend, brokers are at last doing something against the fpa scam. GCI put up a page on their website as have other brokers.

http://www.gcitrading.com/gci-financial-review.htm


Bahamas

April 19, 2011



10 yrs Total
2 months with this Broker
1


trust me when i say they are good when you make an average profit .My situation is i open an account with 125.00 and my first few trades was good, i ask for my $50 bonus when i signup they gave it to me... thats the good part when my account made a little over seven hundred dollars,,what started happening is every wining trade when i decide to close my position the platform freezes and when price action goes in negative it turns back on like normal,,then the order is close in negative without me touching the mouse i lost half the money i made then i tried again and another experience is, when i trade in high volatile market the slippage will be 50-80pips off.. then i loose again now im back to where i started, then i try the slow period and the scary thing is when i started to gain over a hundred pips on my position the currency would spike in the other direction,,in other words,when the euro/dollar on fxdd and fxcm platforms are heading up..gci was going down,Im always trading with 3 or 4 brokers with different currency pairs and monitoring the same pairs on im trading on different trading stations, that one of my strategies in trading,,all in all this company is not good, at least not for making a good return on your money my account at present is $24.95 and i dont plan to invest anymore of my money and plus their not regulated..fpa has it for a scam and believe it or not it is a scam.


David, Spain

April 12, 2011



2 years Total
2 years live with this Broker
5


I've been trading with GCI for the past 2 years and it seems to be receiving a lot of bad reviews. My guess is that they are from people who are mad that they lost their money … which can happen in Forex. If you don't know that you should not be trading.
My opinion is that GCI is a reliable broker and I've only experienced minor issues which were all taken care of in a timely manner. They also have had some issues with their platforms when trading the news but it has not been as obvious lately so they've more than likely worked on fixing it.


Germany, Steffen

March 16, 2011



7 years Total
1 month Demo, 1 year Live with this Broker
5


I've been in the forex world for some time now. I've told GCI that I had been having a great experience with them and they asked if I could share this online somewhere.

I've decided to post here so I can make fun of the previous commenter at the same time (and rant a bit at the mods of this site)!

Authentic comment from Mr or Ms "USA" ? Come on....
* GCI does not accept USA clients, info on their website.
* If you've really been trading for 3 years, you'll know better than to trust FPA / their SCAM alerts!

My rant to the mods -> please check the comments you approve. Will you approve mine?

As for GCI, they've been on the market longer than I have. That proves they are a great partner to work with and I have only good things to say about them.

Stef


USA

March 6, 2011



3 years and 1 month Total
None with this Broker
1


I'm posting because I've seen the huge SCAM ALERT for this broker on FPA.
I think traders should really due their due diligence with this BRoker !


UK, MikeE

February 15, 2011



~3 years Total
2 years LIVE with this Broker
5


Overall I'm very satisfied with gci as my main broker.

I've also experienced the "corrections" with GCI but TBH it comes down to the fact that these guys WILL catch you when you trade using an "alternate" strategy if you know what I mean... ;-)

When you trade by the book they're great to work with, just don't try to outsmart them.

MikeE


Moorthy

February 10, 2011



2 years Total
1 year with this Broker
1


GCI is nothing but simply day robbers. They cant tolerate the account making profit. They will do all nonsense to make us loss. Suddenly they swipe the money saying market made a sudden move. They just want people to invest and forget. You can throw the money in drain or give to some charity rather than giving to GCI. STAY AWAY FROM THIS DAY ROBBERS.


Ireland, Gary

November 23, 2010



3 years Total
Live since June 2008 with this Broker
5


I was initially trading with ACM but eventually grew tired of all their small attempts to robe some of my benefits...

Switch to a live GCI Financial account in 2008 after trying out some demos. Decided to trade with them mainly because of their wide range of products. I trade forex (99%) but sometimes I also like to try shares.


trader

May 23, 2009
1


about GCI Financial (= scamp broker)
we have a real account (mini) in this broker, after 1 month and gaining profit, when we want to withdraw our profit, GCI decrease 3/5 of our profit!!!
we didn't scalp! , we did a martingale system with our expert.
if you use martingale system and gain money, broker must decrease your profit????
is it scamp?
don't open real account with this scamp broker ( GCI )