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Our research team find this broker as illegal broker with no regulatory authority

GCI Trading

Admin July 14, 2024

Summary

Founded in 2002, GCI Financial Ltd offers over 300 tradable financial assets and educational tools for both beginners and experienced traders. The company has clients from all over the world, including Europe, India, and Australia.

Not regulted

Payment Methods Used

bank wires, credit cards and online payment programs such as Neteller and Skrill.

Meta Trading Softwares Used

Other, MetaTrader 4

Overall Rating

2.3/5

Reviews

LEUSHUN
1/5

THEY ARE A BUNCH OF SCAMMERS. I DEPOSITED MONEY IN THE ACCOUNT THEY MENTION ON THEIR WEBSITE. IT WAS NEVER DEPOSITED IN MY ONLINE ACCOUNT. THESE PEOPLE ARE CROOKS. THEY TOLD ME THEY NEVER RECEIVED THE FUNDSAND STATED THAT THEY CLOSED THE ACCOUNT AFTER I ALREADY SENT IT DO NOT TRUST THEM. THEY DONT HAVE A REGULATORY BODY AND WILL NOT HESITATE TO SCAM YOU

Abdul
1/5

i open an account and refer my friends, they also open their accounts, when we go in positive equity they cancel our positive equity and next day they empty our accounts, they didn't come on live chat, they remove our account's history, very cheap and third class broker, they are not giving us even our initial funds, no one can ask them.

Ronaldo Rene
1.3/5

I think. GCI is a scam. I asked them some days ago about sending me a statement about deposits and withdrawals, but they simply don't answer. I think, they are not even interested in answering any mails. You should not give them there money or you will have only problems!

Alex
4/5

Great broker , working with more than 1 years , I have got withdrawals more than 10 times , fair rates , honest and committed broker.

Koosh
2/5

I sent them funds to add to my account and they claim they never received it. My bank already confirmed that it is in possession of the gcitrading's bank and showed me documents from gci's bank (Santander bank in poland) but they refuse to acknoledge that they have received the amount. It has been 3 months now. DO NOT TRADE WITH THEM. THEY ARE SCAMMERS AND WILL PRETEND THEY NEVER RECEIVED YOUR MONEY EVEN IF IT IS IN THEIR BANK'S POSSESSION !!! The Account manager Jacques Debruyne is part of these scammers. I could see a review dtating his name. He too is part of them and will refuse to reply to your emails !!!

Chris
4/5

Everything is back to normal. I have been in direct contact on live chat and over the phone with Jacques Debruyne. He could help liaising with GCI Funding Dpt so this issue with the bank (the issue was not with GCI itself) could be resolved. My funds have been returned and I will send them again shortly. I ended up being most impressed by Jacques’ professionalism and positive approach. Case solved.

Harry
1/5

Not reliable broker

ZK DUBAI
1.2/5

This is a total scam company, there is an Roger, I think there is no one else who works there. Thy are not regulated by any authority FINRA or FCA. When you try to withdraw they open a loss position themselves and you will never get your money.

Mukesh
2/5

Its fully scam company don't invest your money in this company . GCI trading company is 1000% scam with clients and client have only one way die .... do you think this is better i have all proof against this company scam

Maham Saeed
3.7/5

Great broker , working with more than 1 years , I have got withdrawals more than 10 times , fair rates , honest and committed broker.

Yasir
4/5

Trading platform is good but mobile trading is not, some times it doesn't open. duration of transferring fund (withdrawal) is good & customer service is excellent.

Wollexie
1.5/5

GCI deactivated my account without any prior notice because I made profit,,, Scam broker

Davis
1/5

Did anyone notice how the gold at gci move about two weeks ago. It went up almost 350 pips then crash in a matter of minutes. I have compared to other broker's mt4 none moved like that I even googled to make sure if there was something in the news. Nothing, it looked like some a****** manipulated it. It was a demo but THIS COMPANY IS A F***ING SCAM. STAYYYYYY AWAYYYYY !

Kemar
3.2/5

Actually, I am staring to use this broker from 2010. I have opened my live account with 30% welcome bonus that was very helpful for me. By the way, the most important point is, GCI is really very honest about their pip spreads calculation. Their technical analysis and daily fundamental repost was very exceptive for me to learn who can I make accurate market analysis. I am very happy that ‘GCI’ provides me 4% interest on my trading balance. I am enjoying their auto withdrawing service. As a scalper, I am very happy with their narrowest trading families. I have been trading in Forex with ‘GCI’ from 2010. But, I never face any kind of problem with this trading platform.

Samo
1/5

I traded with GCI from May 2013. Suddenly, in the beginning of February 2014, GCI disabled my account. With live chat and 6 e-mails I accomplished nothing. Basically they said my trading style can be done on their ECN only. I said OK. So, they changed the feed to ECN and enabled my account with the correct balance. Everything looked fine until I made a withdrawal request, and GCI, instead of paying me, took away almost all of my profits ($13.836,30). Evidently, you can never be sure with this broker. Even if you are trading for a year or so without ANY complain from their part, you never know if you will be able to get your own money back! Well, if you lose, there are no problems, but if you profit, they steal your money, like pirates. GCI did exactly the same thing with my wife`s account.

Umberto
2.8/5

I became a GCI client for only one reason - this is a broker with a history, has been on the market for a long time. And if it still works, then it is reliable. And already against the background of the experience of interaction with him, I can say that there are a lot of assets. where you can invest. My colleague at work started investing two years ago, he himself knows a little about markets and stocks, but in order to successfully invest, you still need to study all this more deeply. Therefore, he decided to use auto-following strategies, still entrusting an expert to do his job correctly than climbing without knowledge himself, although they say that fools are lucky. He recently told us about this experience, and I got fired up. In general, I also decided to start investing. I registered the account with GCI on the recommendation of a colleague. He says that he studied brokers in his time, and GCI's expertise is what he liked the most. Yes, and for two years proved to be worthy.

Xavier
3/5

Convenient broker for trading. I am actively trading with a GCI broker. Chose it for these purposes, after comparing with many brokers. In GCI, I liked the standard fare. According to the conditions in it, everything is quite clean and without pitfalls. The prices are pretty good too. For me, this is very acceptable. Convenient and efficient application, and in trading it plays a paramount role. It is convenient that the application is always available and at hand 24/7. I used to use MetaTrader4, but the ActTrader terminal is much more convenient in terms of functionality. Therefore, from personal experience, I can recommend the GCI broker. All the tools for trading are there, plus quite a lot of information on training on their portal. Even I, with my considerable experience, learned useful information there.

Thomas
4/5

It is very interesting to trade here - I like the simple approach to everything, I feel professionalism and human approach.

Sabraz
1/5

They make fake account , take your money.. place order , sell by them selves... and when you wish to withdraw some of the amount from, it is never permitted. Be aware from this fords, cheaters, and looters..

Andrew
2/5

They never accept money withdrawals.. my funds are stuck for 3 month!!!! Don't recommend this broker at all...