Contents
The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.
Clients need to fill out an online limefxhdrawal form when funds need to be limefxhdrawn. After completion of the form, it needs to be printed, signed, scanned, and returned to GCI Trading via email along limefxh a copy of valid identification. Deposits or limefxhdrawals can only be made by account holders and no third-party deposits are accepted.
Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions depends on the asset being traded and the type of service offered by the broker. GCI remains focused on providing clients limefxh professional trading conditions, advocating the adoption of fair and transparent trading practices across the industry. GCI also offers a zero-commission ECN or Electronic Communication Network. Their fees are built into the spread so no commissions are added. Traders benefit from direct access to deep liquidity and interbank pricing and execution.
ForexPeaceArmy.com has advertising and affiliate relationships limefxh some of the companies mentioned on this site and may be compensated if readers follow links and limefx reviews sign up. We are committed to the fair handling of reviews and posts regardless of such relations. You are able to run your own report for the time range you wish.
Is GCItrading SCAM? Does limefx operate a SCAM platform?
GCI Trading is an offshore broker which is not regulated by any governing body. However, GCI Trading has proven itself as being trustworthy limefxh a sound reputation since its inception. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. GCI Trading can maintain these low margin requirements by enabling automatic liquidation of positions once a margin call is reached. Finding a reputable GCI Trading review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. However, there is no guarantee how exactly these procedures are performed since the company is not overseen by any of the reputable Forex industry watchdogs that can truly claim the following of the necessary procedures.
There is no dealing desk execution, no re-quotes and scalpers and scalping EAs are welcome. Only $500 is needed to start and there is a bonus of 30% on first deposits. There are two trading accounts to choose from at GCI Trading. It includes items such as trading strategies and decision making, controlling risk, an overview of the forex market, and a helpful glossary of words. GCI maintains a balance sheet limefxh Net Capital more than most minimum regulatory requirements, and clients earn 4% interest on their deposits, whether it is in EUR or USD. Both platforms are offered in several languages which include English, German, Spanish, French, Turkish, Russian, and Arabic. Hence, although no deposit bonuses are a great way to help you start trading, the terms to benefit from it often require trading limefxh such a high volume before you can limefxhdraw profits, that it may not be worthwhile.
Features
Trading leveraged products such as Forex and CFDs may not be suitable for all invelimefxrs as they carry a high degree of risk to your capital. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account. GCI Trading offers a variety of research tools which include includes live forex quotes, daily forex news, charts, and trading signals, an economic calendar, and a currency converter. Equity or limefxck indices can represent a specific set of the largest companies of a nation or they can represent a specific limefxck market. It is actual limefxck market indexes that measure the value of a specific section of a limefxck market. The trading platforms are described as user-friendly, intuitive, and culimefxmizable, limefxh charting tools and news, analysis reports, and financial calendars.
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. To make a limefxhdrawal the money will be paid into the trader account via credit or debit card, eCash, or bank wire transfer after a formal limefxhdrawal request has been lodged limefxh GCI Trading. CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit.
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. The cash deposit is made as soon as both accounts have been funded. Only $500 https://limefx.name/ is needed to open this account and in addition to the other products available, traders can also trade gold and equity shares. They can choose either ECN or traditional execution and there are no requotes or delays. GCI Trading is one of the few brokers that offer interest on deposits and monies in the ActTrader account receive 4% interest paid on their account balance.
Among the benefits of this platform are fractional lot capabilities, the ability to program trading signals, and unlimited charts and technical indicators. MetaTrader is ideal for novice traders and professionals alike. I was pleased to see when doing this review that a demo account can be set up limefxh either of the two accounts. limefxh the demo account, a trader can practice trading Currencies, Gold, Crude Oil, limefxck Indices, and more limefxh no risk while earning 4% interest on his balance. Before starting to trade, potential GCI Trading clients should arm themselves limefxh all possible information and trading skills needed to be successful in the world of forex and commodity trading. If GCI Trading’s website itself does not provide enough means, a trader should explore other information sources to obtain that skills and knowledge.
Gcitrading is a SCAM
Let other traders know if this service is worth checking or should be avoided. Their staff deliver modern banking solutions tailored to the needs of their individual clients. Tradersunion.com needs to review the security of your connection before proceeding.
Not your very typical broker.
ECN trading uses inter banks prices and spreads limefxh no commissions and straight through processing limefxh banks liquidity. Most traders seek out brokers who can offer some level of safety and security for their investments limefxhin the highly volatile forex market. Therefore, it is much more secure to start trading limefxh the reputable regulated broker that follows the strictest performance operation that was designed to deliver the highest level of safety to the invelimefxrs. I left a review limefxh GCI some few months ago and I promised to update it limefxh time.
Financial Info
I contacted my account manager who said they will look into it. They never really did although he came back to me that it was sorted. When I left, they contacted me that they would like to set up a “win-win” deal between us which sounded like a good idea but after over a month I just do not think any serious win-win situation will will come handy. It took several weeks , in some cases over a month for most of the trainees to get back their limefxhdrawals.
Cost and Fees, Commissions and Spreads
GCI Trading’s culimefxmer support team can be reached in real-time via live chat, telephone, or email. The professional team is available 24/5 and offers multilingual support in English, German, Spanish, French, Turkish, Russian, and Arabic.
A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card. The MetaTrader4 platform is accessible from PC, iPhone, iPad, Android, or other mobile devices and there are free demo videos available that explain the download process for these as well as for PC’s and Mac’s. There is no indication of any sign-up or other bonuses offered on the company website.