What is your country?
Select a country to see available offers and get personalized recommendations

GCI Broker Review

Discover GCI, a trusted online broker since 2002, offering global trading services with user-friendly platforms and competitive fees. Explore their diverse account types today!

Updated: 2 April 2025
Overall rating
4.2 of 5
Minimum deposit
500
Tradable instruments
Forex, Stocks, Indices, Metals, Energy, CFDs
Regulation
Not regulated
Overview Users reviews
Marina Panasenko
Edited by
Marina Panasenko
Table of Content

History and Founding

Founded in 2002, GCI is a well-established online broker that has been providing financial trading services for more than two decades. Initially launched to cater to the growing demand for online trading, GCI quickly became known for its user-friendly platforms and comprehensive trading tools. Based in Belize, the company has expanded its offerings globally, attracting traders with its transparent and reliable services.

Mission and Vision

GCI’s mission is to provide accessible and advanced financial trading solutions to retail and institutional clients. Their vision is to create a comprehensive trading environment where traders can make informed decisions while offering a secure platform for financial transactions. By focusing on technology-driven solutions and customer service, GCI aims to help its clients achieve their financial goals and foster long-term relationships with traders.

Global Presence

GCI operates internationally, providing services to clients across the globe. With a presence in multiple regions, the company supports traders from various countries, offering multi-lingual customer service and localized solutions. While headquartered in Belize, GCI has expanded its reach, gaining the trust of thousands of clients worldwide due to its regulatory standards and client-centric approach.

Advantages and Disadvantages

Key Strengths

  • 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.

Areas for Improvement

  • 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.

Security and Regulations

Licenses Held

GCI is regulated by the International Financial Services Commission (IFSC) of Belize, which ensures that the company adheres to strict financial standards. This regulation provides a level of protection for traders, ensuring that their funds are handled securely and that GCI maintains high standards of business conduct.

Fund Segregation and Insurance

GCI implements fund segregation practices to ensure that client funds are kept separate from the company’s operational funds. This adds an additional layer of security for traders, as it minimizes the risk of loss in case of company insolvency. However, insurance on client funds may not be available, so traders should be aware of this aspect.

Tradable Instruments

Forex Pairs

GCI offers a broad selection of forex pairs, including major, minor, and exotic currencies. This allows traders to diversify their portfolios and take advantage of global currency fluctuations. Popular forex pairs include EUR/USD, GBP/USD, and USD/JPY.

Commodities

Commodities such as gold, silver, oil, and agricultural products are available for trading on GCI's platform. These instruments allow traders to diversify their portfolios and capitalize on market movements driven by geopolitical events and economic data.

Indices

GCI provides access to major stock indices, such as the S&P 500, NASDAQ 100, and FTSE 100, allowing traders to speculate on the performance of the world’s largest stock markets.

Cryptocurrencies

Currently, GCI does not offer cryptocurrency trading. Traders looking to trade digital currencies may need to explore other platforms that provide access to Bitcoin, Ethereum, and other cryptocurrencies.

Account Types

Fees and Charges

Spreads and Commissions

GCI offers competitive spreads starting at 0.2 pips on major forex pairs. The broker charges low commissions on ECN accounts and provides transparent pricing with no hidden fees.

Swap Rates

Swap rates are applied to positions held overnight, with rates varying based on the instrument traded. GCI’s swap rates are competitive, and swap-free accounts are available for traders following Islamic principles.

Inactivity Fees

GCI charges inactivity fees on accounts that remain dormant for an extended period. Traders should ensure that their accounts are active to avoid these additional charges.

Trading Platforms

Available tools Forex, Stocks, Indices, Metals, Energy, CFDs
CFD Forex: 33 Stocks: 180 Indices: 16 Metals: 5 Energy: 3

MetaTrader 4

GCI offers MetaTrader 4 (MT4), one of the most widely used trading platforms in the industry. MT4 is renowned for its user-friendly interface, advanced charting tools, and automated trading capabilities, making it an excellent choice for traders of all experience levels.

WebTrader

GCI provides a WebTrader platform that allows traders to access their accounts from any browser without the need for downloads. It offers essential trading tools, real-time market data, and a simple interface.

Mobile Trading Apps

The GCI mobile app is available for both Android and iOS devices, allowing traders to manage their accounts and execute trades on the go. The app is designed to provide a seamless trading experience with full access to all trading instruments.

Customer Support

Steps to Register

To open an account with GCI, visit the website and click on Open an Account." Complete the registration form, providing personal details and financial information. Once submitted, you will receive an email to verify your account.

Verification Requirements

GCI requires traders to verify their identity by submitting a valid government-issued ID and proof of address. This process is part of the Know Your Customer (KYC) regulations and ensures the security of your account.

Deposits and Withdrawals

Payment Methods

GCI supports a variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. Traders can choose their preferred method based on convenience and speed.

Processing Times

Deposits are processed instantly, while withdrawals may take between 1 to 3 business days, depending on the payment method chosen. Bank transfers can take slightly longer to process.

Associated Fees

GCI does not charge deposit fees; however, withdrawal fees may apply depending on the method. Bank wire withdrawals generally incur higher fees compared to e-wallets or credit card withdrawals.

Website
Address 2417 Tongass, Ste. 104, Ketchikan, AK 99901 208-A Lake Street, Sitka, AK 99835 8390 Airport Blvd., Ste. 101, Juneau, AK 99801 2029 Airport Beach Rd, Ste 1, Dutch Harbor, AK 99692 170 Von Sheele Way, Kodiak, AK 99615 3541 Greatland St., Homer, AK 99603 414 2nd Ave Dillingham, AK 99576 44661 Sterling Highway Soldotna, AK 99669 1901 Abbott Road Anchorage, AK 99507 800 E. Dimond Blvd. Anchorage, AK 99515 2800 C Street Anchorage, AK 99503 4211 Mountain View Dr #101 Anchorage, AK 99508 1254 Muldoon Rd Anchorage, AK 99504 13221 Old Glenn Hwy Eagle River, AK 99577 1879 E. Parks Highway Wasilla, AK 99654 440 Ridgecrest Bethel, AK 99559 110 Front Street Nome, AK 99762 510 Merhar Avenue Fairbanks, AK 99701 333 Shore Ave. Suite 103 Kotzebue, AK 99752 1200 Agvik Street Utqiagvik, AK 99723
Headquarters USA
Telephone 800-800-4800 800-800-7754 1-800-800-4800
Customer support 24/5 - phone, email, chat
Partner programs Yes

FAQ

Is the broker regulated?

Yes, GCI is regulated by the International Financial Services Commission (IFSC) in Belize.

What trading platforms are available?

GCI offers MetaTrader 4 (MT4), WebTrader, and mobile trading apps for trading on the go.

What is the minimum deposit required to open an account?

The minimum deposit for a Standard Account is $100, while higher deposits may be required for ECN accounts.

What types of accounts does the broker offer?

GCI offers Standard, ECN, and Islamic accounts to suit different trader needs.

What fees and commissions are charged?

GCI charges competitive spreads starting from 0.2 pips on forex pairs, along with low commissions on ECN accounts.

What is the maximum leverage available?

The maximum leverage available is 1:500, depending on the account type and regulatory jurisdiction.

Are demo accounts available?

Yes, GCI offers demo accounts for traders to practice and familiarize themselves with the platform before trading live.

How can I contact customer support?

Traders can contact GCI’s customer support via email, live chat, or phone. Support is available 24/5 to assist with any inquiries.