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Please note that many inquiries can be
answered by viewing the below Frequently Asked Questions.
What products can be traded on GCI's
Share CFD
trading platform?
What is
the "registration key" that I need to login with GCI's windows-based
software?
What are the commissions charged by GCI?
What products can be traded on GCI's Standard
Forex and Mini Forex platforms?
What are the trading hours for each
product?
How do I open a Live account?
I already
have a GCI account (Mini Forex, Standard Forex, or Share CFD), and want to
open a second account of the same or different type. What do I need
to do?
How does GCI make money without charging a
commission?
Is GCI Financial Ltd licensed as a
broker?
How do I know my funds are safe once
I make a deposit with GCI?
What does GCI offer that other online
brokers do not?
How do I withdraw funds from my
account?
How do
I add funds to my account?
How can I find out more about how to
trade and the meaning of certain terms?
What are the account opening minimums?
What
are the margin requirements?
I am a U.S.
citizen and/or resident. Is there anything I can do to get an
account opened with GCI?
What
are GCI's compliance procedures for opening accounts and accepting
funds?
What products can be traded on GCI's
Share CFD
trading platform?
Stock market indices, individual stocks, Forex, and major commodities like crude
oil. A
complete list is located on the
Specifications page.
What is the
"registration key" that I need to login to GCI's windows-based software?
The registration key is GCI, entered as shown below:

What are the
commissions and fees charged by GCI?
All trading with GCI is commission free (zero commissions). There
can be a small cost of carry for holding positions overnight, as described
on our
interest page.
What products can be traded on GCI's
Standard FX and Mini FX platforms?
15 major currency pairs, gold, silver, and major equity indices. A
complete list, along with spreads on each product, is located on the
currencies page.
What are the trading hours for each
product?
Forex and certain CFD products, like S&P 500, can be traded 24 hours a
day. Exact hours for each product are specified in the trading
User Manual. GCI's dealing hours are from 6:30PM EST Sunday
night through 4PM EST Friday afternoon.
How do I open a Live account?
Click here and follow the
instructions.
I already have a GCI
account (Mini Forex, Standard Forex, or Share CFD), and want to open a
second account of the same or different type. What do I need to
do?
1) Add additional
funds for the new account.
3) Advise
administration@gcitrading.com that the funds are to be allocated
the new account, not your existing account. We will then send
you login and account information for the new account.
How does GCI make money without
charging a commission?
The same way that banks have made money dealing in foreign exchange for
decades without commissions - GCI is a primary market maker and seeks to
capture a portion of the bid/ask spread (the difference between the buy
and sell price). The same costs of trading apply to traditional
futures trading, but there are more parties involved: the futures
exchange and floor brokers profit from the bid/ask spread, while the FCM
keeps the commission and shares it with any Introducing brokers. GCI
does not use an exchange and therefore does not need the extra fees to be
profitable.
Is GCI Financial Ltd licensed as a
broker?
Yes. GCI Financial Ltd's objects of incorporation allow it to
deal in shares, futures, options, commodities, and securities;
registration number 489574.
Click here for details from our Memorandum of Association.
How do I know my funds are safe once
I make a deposit with GCI?
GCI Financial Ltd maintains a rigorous policy of holding client funds in
separate bank accounts from firm operating capital. These funds are
never commingled and GCI ensures daily that client liabilities are fully
funded. In addition, GCI Financial Ltd boasts a balance sheet with
more than $1,000,000 in net capital - far in excess of net capital
requirements imposed on licensed brokerage firms in either the United
States or the United Kingdom. Please see
funds for more details.
What does GCI offer that other online
brokers do not?
We believe that low cost of trading, safety of funds, excellence
of trading software, quality of execution, and breadth of product
offerings are the primary features that set us apart from our peers.
GCI has the widest range of products (currencies as
well as S&P500, Dow Jones, Shares, and Commodities) offered at zero
commissions with margin requirements of only a fraction of what the
exchanges or other brokers charge. In addition, client
confidentiality and a tax-free jurisdiction are unique GCI benefits. Please see
The GCI Advantage for
more details.
How do I withdraw funds from my
account?
Via faxed request, which can be downloaded from our
Withdrawal page. Withdrawal requests are processed within
two business days of receiving this form, although usually the same day.
You can receive funds in any major currency via bank wire transfer.
How do I add funds
to my account?
Via bank wire transfer or credit card. Please see
our Deposits page for
details.
How can I get
training or background information on the Forex markets?
Please see
www.gcitrading.com/training.
What are the account opening
minimums?
CFD Account: $2,000
Standard FX Account: $2,000
Mini FX Account: $500
What are the margin requirements?
CFD Account: $500 per lot
Standard FX Account: $500 per lot
Mini FX Account: $50 per lot
I am a U.S. citizen
and/or resident. Is there anything I can do to get an account opened
with GCI?
Unfortunately, No. None of GCI's products or services are
available to US citizens or to US residents, regardless of other factors
or circumstances.
What are GCI's
compliance procedures for opening accounts and accepting funds?
GCI has strict guidelines for account openings and handling of
client funds. At a minimum, no third party payments are permitted and acceptable
identification must be provided in order to open an account.
Additional safeguards are in place and are detailed at
www.gcitrading.com/kyc. These measures help maintain the
integrity of the financial services industry and allow GCI to provide the
highest level of ongoing service to its clientele.
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