(3) Other financial account. The term “other financial account” means—Also, because of the way USForex works, it allows you to convert currency only if a strike price is met (e.g. if the dollar ever drops below this amount, do a conversion), does that technically meet (iii)?
(i) An account with a person that is in the business of accepting deposits as a financial agency;
(ii) An account that is an insurance or annuity policy with a cash value;
(iii) An account with a person that acts as a broker or dealer for futures or options transactions in any commodity on or subject to the rules of a commodity exchange or association; or
Coverage of post-market trading including futures information for the S&P, Nasdaq and NYSE. GCI Brokers (GCI) provides trading solutions sophisticated enough for professional traders, yet simple enough for the Forex novice. GCI offers direct access to multiple destinations of liquidity in the Forex markets without the usual burden of intervention by a dealing desk. CGI FX have Intermediary Agreements in place with preferred Authorized dealers to utilize their Treasury Back Office structure & processes to facilitate FOREIGN EXCHANGE related transactions. CGI has registered with the Financial Services Board under the current Financial Advisory and Intermediary Services Act, 2002 (“FAIS”) so that you ... GCI Financial offers 2 forex trading account types, depending on the trading platform. Both accounts offer commission-free trading, variable spreads, leverage up to 1:400, and 4% annual interest paid on the account balance. Unfortunately, micro lots are not available with this broker. Trading-wise, things are pretty standard. GCI Financial offers 24 hour online forex trading with instant execution, low fixed spreads, trading from charts, and a range of CFD products.
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