Score

1.56 /10
Danger

GMI Edge

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.37

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

MY SCM
2021-01-01

Broker Information

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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

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Warning: Low score, please stay away! 4
Previous Detection : 2025-07-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed VanuatuVFSC regulation (Regulation Number: 14647) has not been verified. Please be alert to the risks!

WikiFX Verification

Sources
GMI Edge · Company summary
GMI Edge Review Summary
Founded2009
Registered Country/RegionVanuatu
RegulationVFSC (Unverified)
Market InstrumentsGold, Oil, Silver, Forex, Indices, and Stocks
Demo Account
LeverageUp to 1:2000
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5, GMI EDGE, Multi - Account Manager (MAM)
Minimum Deposit$15
Copy Trading
Customer Support24/5 support
Email: cs.global@gmimarkets.com
Contact form, live chat
Regional Restrictionsthe 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).

info

Pros and Cons

ProsCons
Demo account availableUnverified license
A wide range of productsWithdrawal fee charged
Multiple customer support channels
Low minimum deposit
MT4 & MT5 platform
Copy trading supported

Is GMI Edge Legit?

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 CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
VanuatuVanuatu Financial Services Commission (VFSC)UnverifiedGlobal Prime LimitedRetail Forex License14647
license

What Can I Trade on GMI Edge?

On GMI Edge, you can trade with Gold, Oil, Silver, Forex, Indices, and Stocks.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
ETFs
Bonds
Mutual Funds
assets

Account Type

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 TypeMinimum Deposit
ECN$100
CENT$15
Standard$25
Account Type

Leverage

The maximum leverage is up to 1:2000. However, note that high leverage amplifies both profits and losses.

Account TypeLeverage
ECNUp to 1:500
CENTUp to 1:1000
StandardUp to 1:2000

Fees

Account TypeSpreadsCommission
ECN0.0 pips$4 per lot
CENT0.0 pipsNo Commission
Standard0.0 pipsNo Commission
Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, MacOS, iOS, Android, WebBeginners
MT5Windows, MacOS, iOS, AndroidExperienced traders
GMI EDGEiOS, Android, Web/
Multi-Account Manager (MAM)//
Trading Platform

Deposit and Withdrawal

Payment OptionsDeposit FeeMinimum DepositDeposit Processing TimeWithdrawal FeeMinimum WithdrawalWithdrawal Processing Time
Local Bank Transfer15 USDInstant50 MYRBetween 8 am to 6 pm daily
Neteller10 USDInstant4%10 USDInstant
Skrill10 USDInstant4%10 USDInstant
Deposit and Withdrawal
Deposit and Withdrawal

News

ExposureGMI Edge: A Closer Look at Its Licenses

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.

WikiFX
2025-07-09 17:13
GMI Edge: A Closer Look at Its Licenses

News Its a gold giveaway

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.

WikiFX
2021-12-16 17:43
 Its a gold giveaway

User Reviews

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User comment

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若愚35455
more than one year
Trading platform extremely unstable, I cannot log into my mt4 trading platform frequently. I also found their staff know nothing about forex trading and regulations. That’s weird, and I decided to investigate its background.
Trading platform extremely unstable, I cannot log into my mt4 trading platform frequently. I also found their staff know nothing about forex trading and regulations. That’s weird, and I decided to investigate its background.
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2023-02-27 11:42
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那雷(外汇经纪人)
more than one year
This GMI EDGE does not hold any license to support its operation! I was almost defrauded by it, but a friend told me this one is fake, dramatic, right? Beware, anyway.
This GMI EDGE does not hold any license to support its operation! I was almost defrauded by it, but a friend told me this one is fake, dramatic, right? Beware, anyway.
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2023-02-16 18:00
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