FastBull BrokersView
Sign In

gci

Newest

Popular

Should I trade with GCI?
Justin saji Abraham
Iran
Mar 29, 2023
ANSWER GCI is an unregulated broker even though it states offers that look too good to be true.GCI claims to be operated and owned by GCI Financial Limited, an entity registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We do find a match result to GCI in SVG FSA. Nevertheless, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. In addition, two professional regulators have issued warnings against this broker, they are:1) the Spanish National Securities Market Commission (CNMV), and you can check the full warning here;2) the French Autorité des Marchés Financiers (AMF), and you can check the full warning here.Regarding your question, we would suggest not to trade with GCI since it is an unlicensed broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we would recommend staying away from such unlicensed brokers as GCI and trading with fully regulated brokers.
See more
I'm intrested in this broker but I didn't find its valid regulation. Could you help me please?
Niloy
Chile
Jul 05, 2022
ANSWER GCI is not a licensed or regulated broker even though it states offers that look good to be true. GCI claims to be operated and owned by GCI Financial LTD, an entity registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We do find a match result to GCI in SVG FSA. Nevertheless, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. More importantly, two professional regulators the Spanish National Securities Market Commission (CNMV) and the French Autorité des Marchés Financiers (AMF) both issued warnings against GCI for providing financial services without authorization. You can check full warnings from CNMV and AMF.The truth is, GCI is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like GCI and trade with licensed brokers.
See more
What is the minimum deposit required to open an account at GCI?
Askander
Malaysia
Jun 06, 2022
ANSWER GCI is not a licensed or regulated broker even though it states offers that look good to be true. GCI claims it is owned and operated by GCI Financial LTD, a company registered in the St Vincent & The Grenadines Financial Services Authority (SVG FSA). We do find a match result to GCI in SVG FSA. However, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. More importantly, the Spanish National Securities Market Commission (CNMV) and the French Autorité des Marchés Financiers (AMF) both issued a warning to this broker for offering financial services and products without authorization. You can check full warnings from CNMV and AMF against GCI.The truth is, GCI is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like GCI and trade with licensed brokers.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.