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Score
Vanuatu
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
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Comparison
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Exposure
Score
Regulatory Index0.00
Business Index7.37
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
Danger
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Company Name
Global Prime Limited
Company Abbreviation
GMI Edge
Platform registered country and region
Vanuatu
Company website
Company summary
Pyramid scheme complaint
Expose
GMI Edge Review Summary | |
Founded | 2009 |
Registered Country/Region | Vanuatu |
Regulation | VFSC (Unverified) |
Market Instruments | Gold, Oil, Silver, Forex, Indices, and Stocks |
Demo Account | ✅ |
Leverage | Up to 1:2000 |
Spread | From 0.0 pips |
Trading Platform | MT4, MT5, GMI EDGE, Multi - Account Manager (MAM) |
Minimum Deposit | $15 |
Copy Trading | ✅ |
Customer Support | 24/5 support |
Email: cs.global@gmimarkets.com | |
Contact form, live chat | |
Regional Restrictions | the USA, EU, Sanctioned and High Risk Jurisdictions |
GMI Edge is a broker founded in 2009 and registered in Vanuatu with an unverified license from VFSC. It offers various instruments: Gold, Oil, Silver, Forex, Indices, and Stock CFDs. It also provides multiple account types: ECN Account, CENT Account, Standard Account, and a demo account, with a low minimum deposit of $15 (for the CENT account). Moreover, GMI Edge offers competitive spreads starting from 0.0 pips, high leverage of up to 1:2000, and access to MT4, MT5, GMI EDGE, and Multi-Account Manager (MAM).
Pros | Cons |
Demo account available | Unverified license |
A wide range of products | Withdrawal fee charged |
Multiple customer support channels | |
Low minimum deposit | |
MT4 & MT5 platform | |
Copy trading supported |
At present, GMI Edge holds a unverified Retail Forex License from the Vanuatu Financial Services Commission (VFSC). Please pay high attention to the safety of your funds if you choose this broker.
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
Vanuatu | Vanuatu Financial Services Commission (VFSC) | Unverified | Global Prime Limited | Retail Forex License | 14647 |
On GMI Edge, you can trade with Gold, Oil, Silver, Forex, Indices, and Stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
GMI Edge provides ECN Account, CENT Account, Standard Account, and Demo Account. And the min deposit requirement is as low as $15 (CENT account).
Account Type | Minimum Deposit |
ECN | $100 |
CENT | $15 |
Standard | $25 |
The maximum leverage is up to 1:2000. However, note that high leverage amplifies both profits and losses.
Account Type | Leverage |
ECN | Up to 1:500 |
CENT | Up to 1:1000 |
Standard | Up to 1:2000 |
Account Type | Spreads | Commission |
ECN | 0.0 pips | $4 per lot |
CENT | 0.0 pips | No Commission |
Standard | 0.0 pips | No Commission |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, MacOS, iOS, Android, Web | Beginners |
MT5 | ✔ | Windows, MacOS, iOS, Android | Experienced traders |
GMI EDGE | ✔ | iOS, Android, Web | / |
Multi-Account Manager (MAM) | ✔ | / | / |
Payment Options | Deposit Fee | Minimum Deposit | Deposit Processing Time | Withdrawal Fee | Minimum Withdrawal | Withdrawal Processing Time |
Local Bank Transfer | ❌ | 15 USD | Instant | ❌ | 50 MYR | Between 8 am to 6 pm daily |
Neteller | ❌ | 10 USD | Instant | 4% | 10 USD | Instant |
Skrill | ❌ | 10 USD | Instant | 4% | 10 USD | Instant |
In the world of online trading, regulatory oversight plays a critical role in protecting investors and ensuring market integrity. Brokers operating without clear and verifiable regulation often pose heightened risks to traders. GMI Edge is one such broker that, according to available information, raises several red flags regarding its licensing and operational transparency.
This document sets out the rules for this Lucky Draw. Make sure you read them carefully and understand them all before you enter the Lucky Draw.
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