Score
GMI
Saint Lucia|5-10 years| Benchmark AAA|https://gmimarkets.com/?utm_source=fxeye&utm_medium=display&utm_campaign=cn_cn_direct_consumer_prospecting_all&utm_content=englishurl&utm_term=flagshipstore_englishurl
Website
Rating Index
Benchmark
Benchmark
AAA
Average transaction speed (ms)
MT4/5
Full License
GMI-Demo01
Influence
A
Influence index NO.1
Malaysia 8.02Benchmark
Speed：AA
Slippage：AAA
Cost：A
Disconnected：C
Rollover：AAA
MT4/5 Identification
MT4/5 Identification
Full License
SingaporeInfluence
Influence
A
Influence index NO.1
Malaysia 8.02Contact
100% Mediation in the complaints
Response of EMC during7working days
Licenses
Licensed Entity：Global Market Index Limited
License No. 677530
Basic Information
Saint Lucia
Single Core
1G
40G
1M*ADSL
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Benchmark
WikiFX Data provideTotal Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 Dubai | 616*** | XAUUSDpro | 02-13 08:08:44 |
 London | 836*** | GBPAUD. | 02-13 06:15:00 |
 Washington | 896*** | XAUUSD. | 02-13 08:16:39 |
Stop Out
0.70%
Stop Out Symbol Distribution
6 months
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
gmimarket.ch
Server Location
United States
Website Domain Name
gmimarket.ch
Server IP
52.9.166.110
-
gmimarkets.ch
Server Location
United States
Website Domain Name
gmimarkets.ch
Server IP
34.83.23.240
-
gmimarkets.io
Server Location
United States
Website Domain Name
gmimarkets.io
Server IP
35.247.66.204
Genealogy
VIP is not activated.
fandford
YingLun
Englon
Relevant Enterprises
| Company name | Related sources | Registration No. | Established |
|---|---|---|---|
| Website | 5202351 | 2024-07-15 | |
| Website | 07736428 | 2011-08-10 |
MOHAMED OSAMA ABDELHAMID ALI ELFISHAWY
Secretary
Start date
2021-12-20
Status
Employed
GLOBAL MARKET INDEX LIMITED(United Kingdom)
ASHRAF EBID
United States
Director
Start date
2016-05-18
Status
Employed
GLOBAL MARKET INDEX LIMITED(United Kingdom)
CHEHUI CHAO
Taiwan
Director
Start date
2014-09-02
Status
Employed
GLOBAL MARKET INDEX LIMITED(United Kingdom)
Company Summary
| GMI Review Summary | |
| Founded | 2009 |
| Registered | Saint Lucia |
| Regulation | FCA |
| Market Instruments | Gold, silver, crude oil, forex, index |
| Demo Account | ✅($10,000 in virtual funds) |
| Islamic Account | ❌ |
| Account Type | ECN, Cent, Standard, Standard Bonus |
| Minimum Deposit | 15 USD |
| Leverage | Up to 1:2000 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5, GMI EDGE |
| Social/Copy Trading | ✅ |
| Payment Methods | Neteller, Skrill, etc. (vary by the region) |
| Customer Support | 24/5 multilingual - live chat, contact form |
| Email: cs@gmimarkets.com | |
| Regional Restrictions | The USA, EU |
GMI Information
GMI (Global Market Index) is a forex and CFD broker that offers trading services to retail and institutional clients. It was established in 2009 and registered in Saint Lucia. The broker is regulated by the Financial Conduct Authority (FCA) in the UK. GMI offers a range of trading instruments, including gold, oil, silver, forex, indices, and stock CFDs via the MT4, MT5 and GMI Edge platforms.
Pros & Cons
| Pros | Cons |
| • Regulated by FCA | • Clients from the USA and EU are not accepted |
| • Wide range of account types | • Limited educational resources |
| • Low minimum deposit requirement (15 USD) | • Limited research and analysis tools |
| • Commission-free trading | |
| • MT4 and MT5 trading platforms | |
| • Copy trading feature supported |
Is GMI Legit?
GMI is a regulated forex broker, licensed by Financial Conduct Authority (FCA) in the United Kingdom with license no.677530, which provides some level of safety and security for traders. However, it is important to note that regulation does not guarantee the complete safety of funds and trading with any broker carries a level of risk.
Market Instruments
GMI offers popular markets across different asset classes, including gold, oil, silver, forex, indices, and stock CFDs. Other assets like cryptocurrencies, bonds, options, and ETFs are not available.
| Tradable Assets | Supported |
| Gold | ✔ |
| Oil | ✔ |
| Silver | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Stock CFDs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types
GMI offers four types of accounts, ECN, Cent, Standard, and Standard Bonus, with a minimum deposit requirement of 15 USD.
| GMI Account Type Features Comparison | ||||
| Account Type | ECN | Cent | Standard | Standard Bonus |
| Suitable for | Professional traders | Beginners | All levels | Promotions |
| Minimum Deposit | 100 USD | 15 USD | 25 USD | 25 USD |
| Max. Leverage | 1:500 | 1:1000 | 1:2000 | |
| Commission | $4 per lot | ❌ | ||
| Contract Size | 100,000 | 1,000 | 100,000 | 100,000 |
| Max. Lot per Trade | 50 | 150 | 50 | |
| Max. Order (MT4 - MT5) | 500 | 200 | 500 | |
| Max. Order (GMI Edge) | 1000 | |||
| Expert Advisor | ✅ | |||
| Swap Free | ✅ | |||
Leverage
GMI offers different maximum leverage ratios for different account types.
| Account Type | Maximum Leverage |
| ECN | 1:500 |
| Cent | 1:1000 |
| Standard | 1:2000 |
| Standard Bonus |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
The ECN account charges a commission fee of $4 per lot, while the other accounts do not charge commissions. GMI offers very low spreads, starting from 0.0. Below are the specific spreads for different trading instruments.
| Instrument | Spread (from) | Trading Time |
| EURUSD | 0.0 pips | Monday-Friday : 00:05-24:00 |
| USDJPY | ||
| GBPUSD | ||
| EURGBP | ||
| EURJPY | ||
| XAUUSD | Monday-Friday : 01:00-24:00 | |
| XAGUSD | 0.1 pips | |
| USOUSD | 1.2 pips | |
| UKOUSD | 1.4 pips | Monday-Friday : 03:00-24:00 |
| XNGUSD | 0.3 pips | Monday-Friday : 01:00-24:00 |
| XAUEUR | 0.1 pips | |
| XAGEUR | 0.8 pips | |
| U30USD | 1.6 pips | |
| SPXUSD | 5.1 pips | |
| NASUSD | 0.9 pips | |
| D40EUR | 0.6 pips | |
| 100GBP | 0.9 pips | |
| F40EUR | 1.0 pips | |
| HSIHKD | 3.6 pips | |
| CHN50U | 6.0 pips | |
| US Shares | 0.01 pips | Monday-Friday: 16:30-22:59:50 |
| HK Shares | 0.01 Pips | Morning: 4:30-7:00, Afternoon: 8:00-11:00 |
Trading Platforms
GMI offers its clients three choices of trading platforms, the popular MetaTrader 4, MetaTrader 5, and its proprietary GMI EDGE. Both MT4 and MT5 are equipped with a variety of tools and features for technical analysis, order management, and customization. They also support automated trading with the use of Expert Advisors (EAs). GMI EDGE can be downloaded through Android and Web devices.
Copy Trading
GMI offers copy trading features that allow traders to copy the strategies of successful traders. This enables traders to learn from experienced individuals and potentially benefit from their proven track records. GMI's copy trading platform promotes knowledge sharing and community-driven trading in a simple and accessible manner.
FAQs
Is GMI regulated?
Yes. GMI operates legally, and it is regulated by FCA in the UK.
Does GMI offer demo accounts?
Yes. GMI offers demo accounts with $10,000 virtual capital.
Does GMI offer industry-standard MT4 & MT5?
Yes. Both MT4 and MT5 are available.
What is the minimum deposit for GMI?
15 USD.
Is GMI a good broker for beginners?
Yes. Overall GMI is a good choice for beginners because it offers a wide variety of trading assets with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds.
Keywords
2024 SkyLine Thailand
- 5-10 years
- Regulated in United Kingdom
- Straight Through Processing (STP)
- MT4 Full License
- MT5 Full License
News
News GMI Review: Uncover Top Features of Leading Trading Platforms
Explore GMI's robust trading platforms, including Forex, gold, oil, and indices. Learn about GMI Edge, MT4, MAM, and various account types for traders.
2024-05-31 15:04
News WikiFX Reviews GMI in Depth
In this article, we'll take an in-depth look at Global Market Index (GMI), examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.
2023-09-04 17:06
News WikiFX Reviews GMI Markets | Trustworthy or Not?
In today's article, WikiFX will explore Global Market Index (GMI) in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!
2023-06-16 16:27
News GMI Review
Global Market Index or GMI is one of the known online leveraged Forex trading providers, that was established in Shanghai and then due to expansion opened several representative offices within China, also in Auckland and enabled office in the financial hub – London.
2021-12-13 17:46
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now