(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
GCI Forex Broker — Forex broker information for GCI, find the latest trader's reviews for GCI, get the details and information about advantages and disadvantages of this Forex broker. 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. The CGI Foreign Exchange solution was designed by industry specialists to meet these challenges, enabling financial institutions to offer an advanced foreign exchange product to their customers via the Internet. The Foreign Exchange solution is comprised of three powerful components:
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