Introduction
GMXMarkets.com is a forex and CFD broker that offers trading in a wide range of assets including cryptocurrencies. The company is based in Bulgaria and is regulated by the Financial Supervision Commission (FSC). The broker offers two account types, a standard account and a VIP account. The standard account requires a minimum deposit of $250 and gives access to leverage of up to 1:200 and micro-lots. The VIP account requires a minimum deposit of $25,000 and gives access to leverage of up to 1:500 and full lots. Spreads on both accounts are floating from 0.4 pips. In this GMXMarkets review, we will take an in-depth look at the broker to see if they can be trusted or not. We will look at their regulation, safety measures, account types, spreads, fees, and more.
What is GMXMarkets.com?
GMXMarkets.com is an online broker that offers trading in forex, CFDs, and binary options. The company is headquartered in the Seychelles and is regulated by the Financial Services Authority (FSA).
The broker offers a wide range of tradable assets including major and minor currency pairs, precious metals, energy commodities, equity indices, and cryptocurrencies. Trading can be done on the MetaTrader 4 or 5 platforms, as well as on the GMX web-based platform. Mobile trading is also available via iOS and Android apps.
account types offered by GMXMarkets.com are: Standard account, ECN account, VIP account. The Standard account requires a minimum deposit of $250 and gives access to leverage of up to 1:200 and spreads starting from 2 pips. The ECN account requires a minimum deposit of $1000 and gives access to leverage of up to 1:500 and spreads starting from 0.0 pips. The VIP account requires a minimum deposit of $5000 and gives access to leverage of up to 1:1000 and spreads starting from 0.0 pips.
deposit methods accepted by GMXMarkets are: Credit/Debit Card, Bank Wire Transfer, Skrill, Neteller, UnionPay. Withdrawals can be made via Credit/Debit Card, Bank Wire Transfer, Skrill, Neteller.
GMXMarkets offers customer support 24/5 via Live
The Pros and Cons of GMXMarkets.com
GMXMarkets.com is a online trading platform that offers investors the ability to trade a variety of financial instruments including commodities, currencies, indices, and stocks. The site is owned and operated by GCI Financial Ltd., a company that is headquartered in the United Kingdom. The company is regulated by the Financial Conduct Authority (FCA).
The Pros:
-Offers a variety of tradable instruments including commodities, currencies, indices, and stocks
-Owned and operated by GCI Financial Ltd., a company that is regulated by the Financial Conduct Authority (FCA)
-Has been in operation since 2003
-Offers customer support via telephone, email, and live chat
– Provides a demo account so that traders can practice before investing real money
The Cons:
-The website can be difficult to navigate for first time users
-Traders from the United States are not accepted
-There have been complaints about delays in withdrawals
GMXMarkets.com Reviews
GMXMarkets.com is a forex and CFD broker that offers its clients a web-based trading platform. The company is owned by GMX Group Ltd., which is headquartered in Dubai, UAE. The broker is regulated by the Emirates Securities and Commodities Authority (ESCA).
The GMXMarkets.com website does not provide much information about the company, but it is possible to find out that the broker has been in operation since 2012. The company offers support in English, Arabic, and Chinese languages.
The trading platform offered by GMXMarkets.com is provided by the MetaQuotes software company. This trading platform is available as a web-based application and as a mobile app for Android and iOS devices. The trading platform includes features such as charts, technical analysis tools, real-time news feed, and more.
The minimum deposit required to open an account with GMXMarkets.com is $500. The broker offers leverage of up to 1:200 for forex pairs and 1:100 for CFDs on shares, indices, and commodities.
GMXMarkets.com provides its clients with 24/5 customer support via telephone, email, and live chat. The broker’s customer service representatives are polite and helpful.
Overall, we found that GMXMarkets.com is a reliable broker that offers a good selection of tradable assets, competitive spreads, and a user-friendly
How to trade with GMXMarkets.com
When you are ready to trade with GMXMarkets.com, the process is simple. First, create an account and deposit funds. You can then begin trading immediately.
The interface is user-friendly and easy to navigate. You’ll find all the essential features and tools you need to make successful trades. The platform is also mobile-friendly, so you can trade on the go.
GMXMarkets.com offers a variety of assets to trade, including forex pairs, stocks, indices, and commodities. There’s something for everyone. Prices are displayed in real-time, so you’ll always know what’s happening in the markets.
When you’re ready to withdraw your profits, the process is straightforward. Simply request a withdrawal and your funds will be transferred to your account within 1-3 business days.
GMXMarkets.com is a reliable and trusted broker that offers a great experience for traders of all levels. Give it a try today!
Conclusion
I hope this review of GMXMarkets.com has helped you decide whether or not to use their services. I would definitely recommend giving them a try if you’re looking for a reliable and trustworthy online broker. With their low fees and great customer service, you can’t go wrong. So what are you waiting for? Sign up today and start trading!