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Overview

GCI Forex was founded in 2002. It was considered to be one of the first brokers, which began offering online services for trading on the Forex market and global markets. During its period of existence, the broker has showed itself only with the best side, providing quality services to its customers, which have been marked by awards from experts of the financial market. The award "BEST EUROPEAN BROKER" was received in 2008. It became the best Forex broker "BEST FOREX BROKER" in 2010 and received the award "BEST RETAIL BROKER". In 2011, once again it was recognized as the best Forex broker "BEST FOREX BROKER" and based on the results of 2012 it received the award "BEST FOREX BROKER EUROPE 2012" ("The Best Broker in Europe").

The Company GCI Financial publishes constantly analytical reviews in "Financial Times" and other periodicals, as well as online publications Reuters and Multex.com, which provide information for large companies such as "JP Morgan", "Goldman Sachs" and "HSBC Asset Management". Customers of the broker can use a subscription to the analytical data form ForexSignals.net, where there is a daily update of market analysis.

GCI Forex enables customers to trade on the foreign exchange market, as well as securities, futures and indices, offering favorable conditions with minimal spreads and the lack of commissions. Customers of the broker can be confident in the reliability of its services and not worry about their money, as they are kept in separate accounts that are not interconnected with the accounts of the company.

Bonuses

GCI Forex offers its traders several types of Forex bonuses.

New traders can open a mini account, the amount of which comprises only 50 dollars. After opening the account and replenishing it with a credit card, the broker credits to the trading account of the Forex trader a bonus of 50 dollars.

All traders, who fund their trading accounts, receive from GCI Forex a bonus of 20%. Forex bonus is credited on the trader's account immediately after replenishment of his own deposit.

Broker charges from all traders 2% per annum on all available cash funds, present on the trading account.

It is not practiced on the site of the broker to hold contests for traders, like on many other sites, which does not allow beginners to get extra profit for participating in them.

Training

GCI Forex publishes on its site learning materials that will help beginners to learn what the foreign exchange market is and how to start selling on it.

Learning materials on Forex:

- Forex guide in electronic format (it is written in accessible language what Forex is and how to start trading on the foreign exchange market, what types of market analysis are used, what Forex indicators should be used)

- Materials about the Forex market (tutorials, from which a new forex trader learns about the basic principles of trading on the foreign exchange market, about the competent management of the trading account, about the calculation of risks and profits and familiarize with the popular Forex trading strategies)

- Video courses about working with the platform ICTS (traders learn from materials how to work on this platform, to create conditional orders, to use charts, to trade directly from the charts, to manage multiple positions and orders, as well as about the latest instruments for trading)

- The MetaTrader 4 platform (guidance on the use of the popular trading platform, from which a Forex trader learns all the basic operations about working with orders, about the use of Forex trading indicators and a little about Forex trading advisors).

Broker GCI does not hold on its Internet site online training, providing only the self-study materials about the Forex market.

Terms of trading

GCI Financial offers traders the following conditions for trading:

- the foreign currency account (the base currency)

- the minimum deposit is $50

- the leverage is 1:400 (the decrease to 1:10 is possible)

- a lot of currency pairs, securities, gold, silver, futures)

- spread from 1 point

MetaTrader 4

- multi-language support

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex advisors)

- quotes export via DDE

- charts printing.

ICTS Forex (operations with small deposits)

- multi-language support

- use of Forex trading advisors

- quotes export to various programs

- charts printing.

Forex indicators (recommended)

- 3 Line Break

- Complex Common

- 4 Trend Line

- Zero Cross Alert.

Forex expert advisors (recommended)

- Golden proffit AUTO (an automatic Forex advisor, operating based on Martingale method)

- Gepard 5.0 (a trading advisor that operates after setup automatically with any currency)

- Profit FIXATOR (an automatic Forex advisor, operating on short-term distances).

Investments

It is not practiced on the site of the broker GCI to give funds to the management of a successful trader, but there are also automated managed accounts, in which everyone can invest his money and receive a profit from this money.

Broker offers to all newcomers trading account on the platform and it offers also to make it completely automated. The management of the account will be carried out by an automated expert advisor that operates with minimal risks. The minimum sum that is necessary to open a managed account is $10,000. To access the automated account, it is necessary to submit an application to employees of the company, who will give detailed instructions for its opening and activation after its approval.

Unique features

Forex GCI offers to all its customers, both beginners and experienced Forex traders, free trading signals. Trading signals are available on many currency pairs, the update takes place twice a day and to get access to them, the trader has to send a request to the broker. The trader will have access to the page ForexSignals.net after its approval, where he can view all the information about trading signals.

GCI Forex allows traders to trade on the foreign exchange market, betting on binary options, where the profit per transaction is 88%. The meaning of binary options is that the trader has to predict whether the price the price of a particular currency pair will increase or not. In the case of a correct prediction, he will make a profit of 88%. For example, the bet of $100 in case of the correct prediction will earn $88. Using of bets on binary options may be not only on currency pairs, but also on crude oil, gold and stock options.

Add/withdraw funds

GCI Forex offers the following methods of deposit and withdrawal of funds: VISA, MasterCard, Web Money, moneybookers, Liberty Reserve and bank transfers.

Contacts

Broker GCI provides 24 hours a day support for its customers via online chat, e-mail addresses www.gci.ru/support, [email protected] and by phone +37 166 164 500 (Moscow) 8800783 54 30 (calls are free of charge from Russia).

Cons and pros

+ popular global broker

+ bonuses on the account

+ small spread

+ good leverage

+ no commissions

+ the minimum deposit is from 50 dollars

- no online training

- contests are not held.

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