GCI vs TP Global FX

GCI or TP Global FX – which is better for UK traders 2024? Compare GCI and TP Global FX in this detailed breakdown of their platforms, features and fees.

GCI vs TP Global FX Comparison Table 2024
GCI TP Global FX
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2.3
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3.9
GCI is ranked #97 among CFD brokers. TP Global FX is ranked #97 among CFD brokers.
Review
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GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.
TP Global FX has closed or no longer accepts UK clients.
TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog.
Pros
  • Good range of frequently updated educational resources
  • Demo profile with unlimited simulated funds
  • Very tight spreads from 0.2
  • Support for MT4 and MT5
  • Copy trading service
  • Accepts crypto deposits
  • ~30ms execution speeds
  • High leverage available
  • True STP pricing
Cons
  • Limited consumer protections in place including negative balance protection
  • High commissions of $15/$8 for the low-spread accounts
  • Not overseen by any top-tier regulators
  • Narrow choice of deposit options
  • Small range of non-forex assets
Awards
  • Best Forex Broker Europe 2015 - ForexExpo
  • Best Forex Customer Service 2015 - IFM
  • Best Forex Broker Europe 2014 - ForexExpo
  • Most Innovative Forex Broker Europe 2013 - International Finance
  • Best Forex Broker Europe 2012 - Global Banking & Finance Review
  • Most Transparent Broker 2021 - Forex Broker Awards
  • Best FX Educational Broker 2021 - Forex Broker Awards
  • Best Affiliate Program 2021 - Forex Broker Awards
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
Forex, CFDs, indices, shares, commodities Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$500 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SVGFSA, VFSC, CAMA
Mobile Apps
Yes Yes (iOS & Android)
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
Commodities
  • Gold
  • Natural Gas
  • Gold
  • Silver
  • Copper
  • Oil
  • Gasoline
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Aluminium
  • Natural Gas
  • Sugar
CFD
Trade in multiple online financial markets. TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms.
Leverage
1:400 1:500
FTSE Spread
3 Not offered
GBPUSD Spread<
2 From 0.2 pips
Oil Spread
4 From 0.2 pips
Stocks Spread
Variable From 0.2 points
Forex
Trade dozens of leading online forex pairs. TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2.
Assets
40+ 50+
GBPUSD Spread
2 From 0.2 pips
EURUSD Spread
1 From 0.2 pips
EURGBP Spread
2 From 0.2 pips
Cryptocurrency
TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • EOS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
GCI TP Global FX
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