GMI

GMI Review: Is GMI Broker Good?

gmi broker is a Forex and CFD broker managed by Global Market Index Limited, which has been in business since 2009.

Broker Overview: Is GMI Safe?

GMI, formerly known as GMI Markets, is a well-known broker in the financial industry. It is regulated and licensed by many agencies around the world, which helps increase confidence for investors in choosing to use the services of this broker. However, considering security still requires looking at many factors, such as data security measures and risk management of the broker.

Licenses GMI has obtained

If you ask whether GMI is good or not, you have to start by considering the license factor first. The brokers have the following licenses:

• Mauritius' Financial Services Commission (FSC) registration number C118023454 uses the registered name Global Market Index Limited.

• FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) No. 2763 LLC 2022 Registered Name GLOBAL MARKET INDEX LLC.

Broker Products and Services

Trading products

• Forex

• Commodities

• Metals

• Indices

Broker trading platform

• GMI Edge

• MetaTrader 4 (MT4)

• Meta Trader 5 (MT5)

• Multi-Account Manager (MAM)

Account Type Review

ECN Account

• Spread starts from:  0 pips

• Commission: $4 per lot

• Leverage: 1:500

• Swap: None

• Minimum deposit: $100

Cent Account

• Starting Spread:  Not specified

• Commission: None

• Leverage: 1:1000

• Swap: None

• Minimum deposit: $15

Standard Account

• Starting Spread:  Not specified

• Commission: None

• Leverage: 1:2000

• Swap: None

• Minimum deposit: $25

Standard Bonus Account

• Starting Spread:  Not specified

• Commission: None

• Leverage: 1:2000

• Swap: None

• Minimum deposit: $25

Advantages and disadvantages of GMI

strength

• Multiple account type options

• Free Swap for all account types

• Support deposits and withdrawals via Thai banks

• Live Chat supports Thai language.

weakness

• There are relatively few trading products.

• Leverage is quite low and the level depends on the deposit amount.

• The spread is not shown on the website, but from user reviews it is considered low.

• Deposits and withdrawals take a long time and sometimes they are not available.

• The website provides incomplete information on several issues.

• From user reviews, it was found that the trading system was unstable at times.

• License

Office location and contact channels

Office location

• Ground Floor , The Sotheby Building , Rodney Village , Rodney Bay , Gros-Islet , Saint Lucia

• Euro House , Richmond Hill Road , Kingstown , St. Vincent and the Grenadines

Contact channels

• Live Chat

• Email: [email protected]

• website:https://gmimarkets.com/th

GMI Markets Broker Overview: Is it Trustworthy?

Overall, GMI broker may not be suitable for new traders or those who want fast and convenient deposits and withdrawals and the use of various features in trading. In addition, the information on the website is not complete. However, other features of the broker are still considered an interesting option for traders. However, please use your discretion when deciding to apply for the service. Because brokers have advantages and disadvantages that users can accept differently.

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GMI ReviewsCompare spreads, fees, trading platforms, deposit and withdrawal conditions, and more, with real user reviews to help you decide on the broker that suits your needs.