Details and review of GCI Financial
In the following section you can find a detailed information about GCI Financial Forex broker. Afterwards company and trading information you will find customer reviews and at the end of the page you can also rate and review GCI Financial Forex broker.
GCI Financial Forex broker company details
| Forex broker name: | GCI Financial |
| Forex broker rating: | 1(1 votes) |
| Forex broker logo: |  |
| Company long name: | GCI Financial |
| Founded: | 2002 |
| Regulation: | - |
| Type: | MM |
| Broker description: | GCI Financial Ltd ("GCI") is a regulated securities and commodities trading firm, specializing in online Foreign Exchange ("Forex") brokerage. GCI executes billions of dollars per month in foreign exchange transactions alone. In addition to Forex, GCI is a primary market maker in Contracts for Difference ("CFDs") on shares, indices and futures, and offers one of the fastest growing online CFD trading services. GCI has over 10,000 clients worldwide, including individual traders, institutions, and money managers. GCI provides an advanced, secure, and comprehensive online trading system. Client funds are insured and held in a separate customer account. In addition, GCI Financial Ltd maintains Net Capital in excess of minimum regulatory requirements. |
GCI Financial Forex broker contact informations
| Website: | Visit GCI Financial website |
| Email: | info@gcitrading.com |
| Live chat: | www.gcitrading.com/support |
| Phone: | +1 284 494 7738 |
| Fax: | +1 800 783 5430 |
| Address: | 831 Coney Drive, Belize City |
| Country: | Belize |
GCI Financial Forex account details
| Minimum deposit: | US$ 500 |
| Leverage: | 200 : 1 |
| Spreads on majors: | 3-4 pips |
| Commission: | No |
| Minimum trade size: | 10000 units |
| Currenc pairs: | 23 |
| Payment options: | Bank wire, Credit card, Check, Paypal |
| Platform: | Windows, Web |
| Demo account: | Open a demo account |
GCI Financial Forex broker reviews and ratings
| Average rating: | | |
| 1 | 2008-12-26 23:15:07 | Kenneth Paulina |
| Hi;
Opened a 2000 USD REAL account with GCI Trading.com November 21, 2008. I was told the DEMO and REAL account are identical. It turned out to be false. The REAL account prices are manipulated. The videos below caught their price manipulation in the act for all to see. Try to open a SELL Oil position at 54.00, however after a long delay a REJECTED WINDOW pops up telling me the prices moved down to 53.90. But this is not true, because the Platform prices remained at 53.00. So I quickly tried to open a BUY Oil at 15.04 to see what would happen, again the REJECTED WINDOW pops up telling me the price moved up 54.14. EVEN THOUGH the platform price spread remains at 15.00 - 15.04. Please note, THIS IS NOT A ONE TIME OCCURRENCE.
I made a screen recording to prove my case. Go to these links and download the video. [copy and paste link if necessary]
The downloaded video is much [MUCH] sharper then the webpage video, but may take awhile to download.
You also need to set Windows Media Player to full screen to see the details.
http://www.4shared.com/file/73427742/997c0a93/1_GCITrading_REAL_-_Oil_Price_Spread_Manipulation__Delay.html
http://www.4shared.com/file/73429554/8a5f3dba/2_GCITrading_REAL_-_Oil_Price_Spread_Manipulation__Delay.html
http://www.4shared.com/file/73523693/1e296a8d/8_GCITrading_REAL_-_Oil_Price_Spread_Manipulation__Delay.html
Here are 2 more videos showing an attempt to close the same SELL Oil position at 15.00. In one video the price REJECTED PRICE WINDOW pops up with a new price of 14.75. and in the 2nd video a change to 14.85.
That\'s a 15 to 25 pips below the platform SELL price of 15.00 price. A price manipulation of plus 15-25 pips CLEARLY in favor of GCI.
All the while the Platform price remains steadfast at 15.00 - 15.04 even after open and closing both pop up windows. Price manipulation ALWAYS in increments of 5 i.e. 10,15,25 etc
http://www.4shared.com/file/73442917/266122c1/3_GCITrading_REAL_-_Oil_Price_Spread_Manipulation__Delay.html
http://www.4shared.com/file/73447140/fcbfe2ad/4_GCITrading_REAL_-_Oil_Price_Spread_Manipulation__Delay.html
More videos on price manipulation
http://www.4shared.com/file/73962971/5f0660cc/9_GCITrading_DEMO_-_Opening_Oil_Position.html
The next video is to show the DEMO vs. REAL price update. The REAL is deliberate faster to justify that your market order supposedly jumped against you right when your order went trough. It\'s ironic that the price ALWAYS jumps against you but never for you. My email address: People.Email@yahoo.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
http://www.4shared.com/file/73701114/d0da5943/7_GCI_DEMO_vs_REAL_Price_Update_Difference.html |
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