Sunday, February 6, 2011

GCI Trading

GCI Financial, otherwise known as GCI trading, is an established online trading broker. They offer various kinds of trading, including Forex and Share CDs, but they have something of a shady track record of customer service.
So, what does that mean for you? Well, it could mean several things, not the least of which is if you don’t have a fx trading account already with another forex broker, you might end up considering GCI. They’ve been around since 2002, and we have seen numerous complaints about their customer support and their general complacency towards growing a respectable company.
Here is one of the most exciting things you would get if you become a member of their forex community: commission-free trading. We don’t know how they do it, but that might be a reason to avoid them at all costs. Yes, GCI trading is one of the very few online forex sites that offer commission free trades. And, from what we have found at least, they are probably one of the only ones that needs to be looked in to.
As one of their many members in currencies trading, you will also have access to top notch, state-of-the-art foreign currency trading software. Even though this doesn’t equate to a solid broker, inside, you will find three separate online fx trading software options to try your hand at.
  1. Meta Trader 4 – This is one of the most accepted forex trading platforms in the industry, and you get free access to it right of the bat with GCI trading.
  2. ICTS Forex – This software will give you access to trading forex, crude oil, gold, as well as stock indices. This software is a little more of a chore to use when compared with Meta Trader 4, but once you get the hang of it, you will surely enjoy all of the customization options, and eventually, it’s relative ease of use compared to certain other trading software out there.
  3. CFD/Share – In this software you will also get access to multiple markets, including forex, commodities, as well as stock market shares. If you’d like, however, all of this can be easily integrated into your Meta Trader 4 trading software, MT4 for short.
GCI trading also provides real-time quotes and charts for all currency pairs, free of charge to their trading partners. This and many other features help cater to whatever fx trading strategy you employ. However, keep in mind that you can find this from several other brokers, as well. Pick your fancy!
Finally, every account is given access to GCI Financial’s research utilities, which include a large supply of forex trading advice, as well as an advertised 24 hour support team for your convenience.
So, if you are still searching for the right place to start your foreign exchange account with, and you are considering GCI trading as one of your top few choices, you might want to reconsider. There have been many complaints against the company, many of which can be found on various online forex forums and communities around the Internet. In short, when dealing with GCI, keep a close watch on your pocket book.
With that said, we know there are other great programs out there for you to consider, and we hope to continue to help you in your decision making process.

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