Monday, March 9, 2009

Forex Account Types

Standard Forex

The Standard Forex Account is designed for traders wishing to trade currencies and other major financial products on one of the most sophisticated and full-featured trading platforms in the industry. Narrow spreads and rapid execution are consistent in all market conditions.

* $5,000 To open
* 100,000 Currency units per lot
* Currencies, Equity Indices,
Crude Oil, and Metals
* 200:1 Leverage
* 2 pip spreads
* ICTS trading software

Open A Live Account
Free Practice Account
More Details...





Mini Forex

The Mini Forex Account is ideal for traders wishing to trade currencies and other major financial products with a smaller transaction size and lower account opening minimum.

* $2,000 To open
* 10,000 Currency units per lot
* Currencies, Equity Indices,
Crude Oil, and Metals
* 200:1 Leverage
* 3 pip spreads
* ICTS trading software

Open A Live Account
Free Practice Account
More Details...





MetaTrader

The MetaTrader Account offers a wider product range and the MetaTrader software platfrom. While default lot sizes are 100,000 currency units, traders can select as little as 0.10 lots to transact. Unlimited charting and programmable trading signals are among the features offered in GCI's MetaTrader account.

* $2,000 To open
* 100,000 Currency units per lot;
fractional lot capability
* Currencies, Equity Indices,
Crude Oil, Metals, and Shares
* 200:1 Leverage
* 3 pip spreads
* MetaTrader software

Open A Live Account
Free Practice Account
More Details...

The GCI Advantage

Why trade with GCI? Our mission is to offer clients the best combination of advanced trading software, low costs and low margin requirements, efficient and secure back office fund administration, and a broad array of products with high profit potential. Advantages of opening a live account include:

Zero commissions. Client trading performance is enhanced by eliminating all commissions and fees.

Superior trading software. The GCI trading software provides real-time prices in all major currencies, market indices, shares, and commodities. Customers can choose from a Windows-based or Java-based version, and have access to mobile phone trading as well real-time charts and market news. Click here to download a free demo.

Product Offerings. In addition to Forex, GCI offers trading in indices, shares, and commodity CFDs.

Hedging Capability. Clients can open positions in the same instrument in opposite directions, without the positions offsetting and without using additional margin. Clients have complete control over whether they close or hedge their positions to reduce risk.

Rapid and fair trade execution. Market orders are confirmed within seconds at prices clicked on or accepted by the client. GCI also has a "zero slippage guarantee" for all Forex Stop and Entry Stop orders.

Low margin requirements. GCI provides access to Forex, share, and index trading with margin requirements of 0.5% on Forex, 1% on Share Indices, and 2% on individual shares.

Safety of Funds. Client funds are insured and maintained in separate accounts. Furthermore, GCI is regulated by the International Financial Services Commission (IFSC) for trading in financial and commodity-based derivatives and other securities, including foreign exchange. Please see funds for further details.

Client Service. GCI's professional staff is available 24 hours a day to answer questions and provide assistance. Our dealers can be accessed at all times via Live Chat, and our technical and administrative support is second to none.

Fast and Efficient Back Office. GCI prides itself on speed and efficiency of both opening new accounts and processing client withdrawals. Accounts can be funded via bank wire transfer, major credit card, or PayPal. We have also established multiple global fax numbers for our clients' convenience and have a staff dedicated to making administration of your account fast, efficient, and secure.

Risk is limited to deposited funds. GCI's sophisticated margin and dealing procedures mean that clients can never lose more than their funds on deposit.

Tools for successful trading. GCI clients benefit from a wide array of resources to improve their trading results, including market analysis and research, real-time charts, and free Forex trading signals.

Regulated broker. GCI is regulated by the International Financial Services Commission (IFSC). The IFSC's strict requirements include capital adequacy, reporting and record keeping, and proper disclosure and conduct with clients.

CFD/Share Trading

CFD Trading with GCI is an efficient, commission-free way to trade shares, global equity indices, currencies and commodities. Benefits include lower costs, low margin requirements, and state-of-the-art online software. Download a Free Practice Account!

Available products include:
CFD Products
(Partial List)

Stock Market Indices

S&P500

NASDAQ 100

Dow Jones Industrials

DAX 30

CAC 40

FTSE100
Nikkei 225

SPI 200

Hang Seng

DJ EuroStoxx


Commodities

Crude Oil

U.S. 10 Year Note
Gold
Silver
Soy Beans


Individual Shares

Microsoft

Vodafone

Barclays

I.B.M.

Nokia

Pfizer

eBay

...and many other European and North American Shares

Foreign Exchange

EUR/USD

USD/JPY
GBP/USD
USD/CHF
USD/CAD
AUD/USD
EUR/JPY

CFD Trading Details:

Account Opening Minimum: $2,000, or € 2,000

Lot Size: 100 shares. Click here for details on other CFD products

Margin Requirement: 2% on individual shares, 1% or less on other products

Spreads: Click here for spreads in all products.

Commissions: Zero (commission-free)

Free Demo Account: Click Here!

Open a Live Acount: Click Here!

CFDs Explained

The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself. For example, instead of purchasing 1,000 shares of Microsoft from a stock broker, a client could instead buy a 10 lots of Microsoft on the GCI CFD trading platform. A $5 per share rise in the price of Microsoft would confer to the client a $5,000 profit, just as if he had purchased the actual shares that are traded on the exchange. A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. GCI can therefore offer CFDs with zero commissions and very attractive margin requirements. CFDs have grown in popularity dramatically over the past few years, and we believe that this will increasingly be the preferred way to trade the financial markets.

The other major benefit of trading a CFD is the fact that the client can trade on margin. CFD trading means clients can trade a full portfolio of Shares, indices, or commodities without having to tie up large amounts of capital. Using the example above, a client purchasing $50,000 worth of CFD Shares will only be asked for $1,000 margin.

CFD Performance

As with Shares, CFD investors benefit from normal market movements. Clients' open positions are valued in real time, with every tick of the market. Profits or losses similarly are credited to or debited from the clients account equity in real time.

Margin

Unlike physically purchasing stocks, clients only have to deposit approximately 2% of the value of the Shares. So if you want to buy $50,000 worth of Shares, you only need to have $1,000 on deposit with GCI.

Click here to try a free demo account...