GCI Trading has added binary option trading to its range of OTC products. The company will offer this as an additional mode of trading via the ActTrader ICTS Forex and CFD share trading platform as well as MetaTrader 4
Holdings company GCI Financial is a primary market maker in the forex space, and was founded in 2002 by Mitchell Vasquez to offer currency and CFD trading. The company went down the ActTrader route, and has considerable business interests as a liquidity provider to the platform. Commercial interest in ActTrader increased in mid 2012, when large institutional liquidity provider and Currenex white label FC Stone joined its list of clients.
GCI Trading has introduced binary option trading for its esteemed customers. It offers binary trading option from ICTS Forex and CFD share trading platform. Binary options offer limited risk and gains up to 88% per trade, all with a simple betting concept of whether the currency selected is higher or lower in the future.
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Traders can buy a binary trading option by clicking Binary Options Bets or Buy Binary Options buttons on the Binary Option toolbar. Binary Options are named so because they could have only two results: a holder either receives nothing or some predefined sum. Technically, buying a Binary Option is like placing a bet on further instrument price movement.
Binary Option gives its holder the right to receive a fixed sum if the current asset’s price at the expiration date and time is higher/lower than the strike price. Unlike traditional trading, Binary Options allow traders to benefit from zero spreads, no commission, up to 88% return per option and zero carry costs to name a few.
GCI’s mission is to offer clients the best combination of advanced trading software, low costs, low margin requirements, efficient and secure back office fund administration and a broad array of products with high profit potential. Its sophisticated margin and dealing procedures mean that clients can never lose more than their funds on deposit.
Traders can choose to trade from MetaTrader and ActTrader, trade from their PC, Mac, iPad or any other mobile device. GCI Trading software provides real-time prices in all major currencies, market indices, shares and commodities as well as real time charts and market news.