GCI vs Videforex

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

GCI vs Videforex Comparison Table 2024
GCI Videforex
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2.3
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3.4
GCI is ranked #97 among CFD brokers. Videforex is ranked #6 among binary options brokers.
Review
Review
GCI offers online trading in 300+ tradable assets with up to 1:400 leverage. Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
Pros
  • Videforex allows you to enter positions with just ¢0.01
  • You can easily mirror the trades of experienced investors with low fees
  • Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, which is in line with competing brands like IQCent
  • The firm facilitates both trading and binary options which is great for those looking to diversify their portfolios
  • Videforex regularly runs trading contests, offering great practice opportunities and cash prizes to beginners and experienced traders
  • The support times are fast and reliable based on tests - few brokers offer 24/7 multi-lingual video support
  • Global clients can make free and fast transfers via a wide range of payment types, from credit cards to cryptocurrencies
Cons
  • No MetaTrader 4 integration
  • The broker isn’t overseen by a trusted regulatory agency
  • US clients aren’t accepted due to legal restrictions
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
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Bonus
20% to 200% Deposit Bonus
Demo Account
Yes Yes
Minimum Deposit
$500 $250
Payment Methods
Minimum Trade
0.01 Lots $0.01
Mobile Apps
Yes Android
Trading App

Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience.
iOS App Rating
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4.1
Android App Rating
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4.4
Margin Trading
No Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount.
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 Yes
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
Commodities
  • Gold
  • Natural Gas
  • Gold
  • Oil
  • Copper
CFD
Trade in multiple online financial markets. Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.
Leverage
1:400 1:500
FTSE Spread
3 Floating from 0.2
GBPUSD Spread<
2 Floating from 0.1
Oil Spread
4 Floating from 0.05
Stocks Spread
Variable NA
Forex
Trade dozens of leading online forex pairs. Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
Assets
40+ 35
GBPUSD Spread
2 Floating from 0.1 pips
EURUSD Spread
1 Floating from 0.1 pips
EURGBP Spread
2 Floating from 0.1 pips
Cryptocurrency
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Spread
Floating
Coins
  • BTC
  • ETH
  • QUANT
  • UNI
  • SOL
  • BNB
  • DOGE
  • XRP
  • XMR
  • MATIC
  • USDT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus.
Payout
98%
Expiration Times
5 seconds - 1 month
Boundary Options
No No
Ladder Options
No No
GCI Videforex
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