Binary Options trading is also available which allows traders to bet on Forex, Gold, Crude Oil, and Stock Indices, receive a 15% consolation for any losing bets or make 100% per bet. Unfortunately this is basically the only internet provider in Alaska. I have not only set up internet with them twice, but both times they have claimed that I never returned my equipment.

1. TradingFinder.com assumes no responsibility for any potential losses or damages.
2. Namely, in August 2013, the Canadian regulator of the province of Ontario issued an official warning against GCI Financial and its owner, GCI Financial LLC.
3. This policy ensures that you have complete control over your subscription and can adjust it as your needs change.
4. For added convenience, we’ve pre-installed Chrome and a selection of other applications to help you get started right away.
5. If you choose to pre-pay for multiple months, that option is available, but it’s entirely up to you.

We are a team of dedicated industry professionals and financial markets enthusiasts committed to providing you with trading education and financial markets commentary. Our goal is to help empower you with the knowledge you need to trade in the markets effectively. GCI is https://traderoom.info/gci-broker-overview/ a critical metric for traders as it provides insight into a company’s operational efficiency and financial health.

FXVM services can be canceled anytime, either by reaching out to us directly or through the user-friendly web interface we provide. This approach ensures you have full control over your subscription and billing, aligning with your specific trading requirements and circumstances. One of the most convenient aspects of using a VPS is the ability to access your trading platform from any device—PC, laptop, tablet, or phone—without affecting the operations running on the server.

While the EV/GCI ratio is a useful tool in trading, it’s important to remember that it has its limitations. Like any financial metric, it should not be used in isolation, but rather in conjunction with other financial metrics and information. GCI Online Trading has broken their assets down into 4 different categories which are forex, commodities, indices, and stocks, we will outline a few examples from each.

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GCI Financial Limited has operated as an online forex and CFD broker since 2002, providing traders access to global financial markets. While the company boasts over two decades of experience, it’s crucial to note that the broker lacks regulation from central financial authorities. This lack of oversight raises some concerns about trader protection and fund safety. ACM, part of the REFCO group, offers 3 pip spreads on all major currencies, which works out to between 0.02% and 0.03% on the dollar value. They also offer commission-free trading, and forex trading with a 1% margin, which means that a trader can control $1,000,000 with $10,000 in his account.

Approximately, the broker has over 300 financial instruments to choose from. The minimum deposit amount that GCI brokers require you is $1000, which is insanely high as compared to the rest of the forex market industry. Whereas, with legit forex brokers, you can open a micro account with a cost that is 100 times less than this. Even you can open a standard account with only a $200 minimum deposit with an authentic legitimate broker. As seen in the above reference, the broker offers you two trading accounts types, based on which trading platform you are to use for your trading.

Signing Up & Verification Process

It represents the amount of cash a company generates from its operations before accounting for changes in working capital and capital expenditures. In essence, it reflects how much cash a company is able to generate from its core business operations. Enterprise Value (EV) is a measure of a company’s total value, incorporating various aspects of a company’s financial health. It includes not only the market capitalization of a company but also short-term and long-term debt, and cash on hand. This gives a more holistic picture of a company’s worth, as it considers both the company’s debt and its cash reserves.

GCI Financial Trading Accounts

1. Plus, with tools like RDP (Remote Desktop) and VNC, connecting to your Trading VPS from any device becomes a breeze, allowing you to manage your trades effortlessly, anywhere, anytime.
2. One of the most convenient aspects of using a VPS is the ability to access your trading platform from any device—PC, laptop, tablet, or phone—without affecting the operations running on the server.
3. Its live chat feature also takes time when using, and its set of educational resources are quite outdated.
4. GCI offers online trading in both Gold and Silver – commission free with low margin requirements.
5. Consequently, if you choose to trade with this scammer, you will surely lose your money, as any government authority does not regulate them who can ensure the safety of funds.

The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” 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. Only $500 is needed to open, traders can trade up to 10,000 currency units per lot and can maintain several accounts simultaneously. It is the most common practice of unregulated brokers that they provide incomplete information to hide their identities. Likewise, GCI brokers have not provided the details related to their minimum withdrawal amount policy, withdrawal fee policy, dormant account policy, and the fee of inactive accounts.

The cash deposit is made as soon as both accounts have been funded. GCI Trading, established in 2002, (formerly GCI Financial), is a Forex and CFD broker headquartered in Anguilla, British West Indies. In addition to Forex, GCI offers trading in indices, shares, and commodity CFDs, as well as options on most products.

Profit margin

I would have liked to see a few more interesting bonuses or promotions but this doesn’t take away from the other features offered by this broker. The Refer-a-Friend promotion is available for all account holders who refer a friend that opens a live account. A Real Cash Deposit is deposited into the referrer’s account as well as the account of the referral. Up to $500 is available for the referred traders and up to $1000 for the referrer.