GCI Financial Review 2025
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Updated:
Reason to avoid: No License
Listed Date: September 24, 2018
Advertising Disclosure
Updated:
Reason to avoid: No License
Listed Date: September 24, 2018
GCI Financial is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Thus, the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.
🗺️ Registered in | St. Vincent & the Grenadines |
🗺️ Type of License | Offshore License |
🛡️ Is GCI Financial safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
GCI Financial LTD is an international Forex and CFD broker incorporated in St. Vincent & the Grenadines that is claimed by their focus on offering superior trading conditions and customer service through advanced software and lowest trading costs (forex brokers with low spreads). In addition, the company operates for over 15 years and has received awards that recognize them as the Best Forex Broker Europe or Most Innovative Forex Broker Europe by International Finance.
Besides, the company was previously regulated by the Belize IFSC, yet withdrew its license and is not regulated by any authority. Moreover, there were warning against the company by some of the authorities, as well as negative feedback from many investors with cases to withdraw money.
“GCI Financial LLC is not registered to engage in the business of trading in securities or advising anyone with respect to investing in, buying, or selling securities.”
Based on our finds about the safety and regulations issues of GCI Financial, we do not rank positively GCI Financial, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | GCI Financial | FP Markets | XM |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Education | Trading Platforms |
Due to our finds and issues with the safety of GCI Financial, here are much better Alternatives to GCI Financial with good regulations and excellent conditions. We select Good Brokers and trustworthy options for your comparison below:
GCI Financial deposit and withdrawal methods are not many. The funds are transferred either by bank transfers or an e-wallet - Perfect Money. Deposits can be made by the GCI account holder only. Third-party transfers are not permitted.
Generally, we do not advise investing with unregulated brokers. Even though the offering and the trading capabilities may offer a very attractive package, safety always goes first. Therefore, it is much more secure to start trading with a reputable regulated broker that follows the strictest performance operation that was designed to deliver the highest level of safety to the investors, such as Pepperstone and HFM.
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