GCI Financial Limited is a forex broker registered in Saint Lucia on February 23, 2023. It primarily provides investors with trading services for financial derivatives such as forex, indices, futures, bonds, commodities, stocks, and ETFs, with its headquarters located in Panama. This broker does not provide services to jurisdictions where it might violate local laws or regulations, including, but not limited to, Afghanistan, Belarus, Bosnia and Herzegovina, Canada, Cuba, Eritrea, Ethiopia, Iran, Iraq, Kyrgyzstan, Lao People's Democratic Republic, Libya, North Korea, Pakistan, Russia, South Sudan, Sudan, Syria, Tanzania, Vanuatu, Yemen, Uganda, or the United States.
Company Registration Information and Regulatory Status:
Official information on the GCI Financial Limited website reveals that the company is registered in Saint Lucia with the specific address at 1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, P.0. Box 838, Castries, St. Lucia. The company registration number is 2023-00048, and the actual operating address is San FCO, 6 Sur O Via Israel 16501 Street Mall, 5th floor Office 501 Panama City Panama.
Upon verification, an entity named GCI Financial Limited, registration number 2023-00048, can be found in the Saint Lucia International Business Company and International Trust Registry (ifc). However, this entity is not listed in the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor is it found in the official financial regulatory authorities of other jurisdictions.
Additionally, clicking on other options on the broker's website only redirects to the homepage, preventing proper access to pages like account types.
As of February 19, 2024, the broker has been registered for less than a year. Meanwhile, according to information obtained through Whois, the broker's website domain was registered on April 30, 2002.
Account Opening:
While GCI Financial Limited's website provides an account opening option, the page cannot be accessed normally, preventing the account opening process.
Account Types:
GCI Financial Limited's website does not disclose the account types available for users, nor details such as the account currency, initial minimum deposit amount, spreads, trading leverage, trading commissions, minimum/maximum trading volume, maximum open orders, minimum price granularity, or order execution types. Although the broker provides an option for account types, clicking it only redirects to the homepage.
Trading Platforms:
GCI Financial Limited's website claims to offer trading platforms such as cTrader, ACT Trader, and MT5, but the relevant pages cannot be accessed.
Deposits and Withdrawals:
The deposit and withdrawal options on GCI Financial Limited's website cannot be opened, making it unclear what deposit and withdrawal methods are supported, as well as the associated fees and minimum amounts.
Conclusion:
Traderknows reminds investors that GCI Financial Limited is a broker whose website can only open the homepage, with other options on its official website unable to open normally, and it lacks effective regulation. Traderknows advises investors to choose brokers with strong regulation and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected of fraud" on Traderknows.
