Score
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index4.64
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Xenom Group LTD
Company Abbreviation
GMZ Global
Platform registered country and region
Comoros
Company website
Company summary
Pyramid scheme complaint
Expose
| GMZ Global Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, commodities, indices, cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 0.001 pips |
| Trading Platform | GMZ Global |
| Minimum Deposit | $250 |
| Customer Support | Live chat, Contact form |
| TEL: +447441937733 | |
| Email: info@gmzglobal.net; support@gmzglobal.net | |
| Restricted Areas | North Korea, United States, Germany, Puerto Rico, Iran, Iraq, Lebanon, Turkey, Myanmar |
GMZ Global is a brokerage company who newly entered the trading market. It headquarted in the United Kingdom and has 7 offices all over the worlds. It mainly focuses on trading services in forex, stocks, commodities, indices and cryptos.
It provides a demo account for practicing before actual trading and 4 tiered accounts, with a minimum deposit of $250. Leverage ranges from 1:100 to 1:400. You can excute trades on its proprietary GMZ Global platform.
Moreover, the broker implements fund segregation to protect customer assets even during the extreme situation of insolvency. SSL encryption, two-factor authentication and secure data storage are also available as supplementary protection measures.
However, one of the facts that cannot be neglected is that the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.
| Pros | Cons |
| Demo accounts available | No regulation |
| Fund segregation | No MT4/5 platforms |
| Tiered accounts | High minimum deposit |
| No deposit fees |
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. GMZ Global is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose GMZ Global with caution.
GMZ Global mainly focuses on trading services in forex, stocks, commodities, indices and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Except for a demo account with virtual money to practice before commiting real money, GMZ Global offers a 4 tiered live accounts with varying trading conditions, each targets different customer groups with various experience levels:
| Account Type | Minimum Deposit | Spread | Suitable for |
| Standard | $250 | From 1 pip | Beginners |
| Silver | From 0.1 pips | Mediate traders | |
| Gold | / | Experiences traders | |
| Black | From 0.001 pips | Advanced traders and high-net-worth individuals |
| Account Type | Maximum Leverage |
| Swap Free | 1:100 |
| Retail | 1:200 |
| Crypto | 1:300 |
| Institutional | 1:400 |
Note that high leverage can amplify not only profits but also losses.
GMZ Global also offers a proprietary mobile trading platform accessible from mobile devices. The platform claims to offer advanced charting tools, real-time quote and anlysis and educational resources for clients to improve their trading skills.
| Trading Platform | Supported | Available Devices | Suitable for |
| GMZ Global | ✔ | Mobile devices | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
The broker accepts payments through bank transfer, credit/debit cards, e-wallets, etc.
No fees will be charged for deposit; while for withdrawal, which typically takes 1-5 business days, fees apply depending on methods.
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2025-05-04 21:15
2025-04-10 20:09
