Abstract: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).
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 |
Not feeling satisfied with the welcome bonus offer of UNFXB? Finding it hard to receive withdrawals from the broker despite repeated attempts? Does your trading profit vanish suddenly? Are high spreads draining your capital? Do you also face account closure issues with UNFXB? You have added to a long list of traders who have faced these issues. In this article, we will talk extensively about these issues. Take a look!
VCG Markets is not much popular among traders and investors, but it is active in the forex market and can swindle those who are not aware. So this is a broker you need to be cautious about. This broker has several major red flags you need to know about to protect your money. Read this article to know VCG Markets.
StoneX is a FCA-regulated broker, but despite this, investors are losing interest. What are the key reasons behind this shift in investor sentiment?
Is your trading experience at Trader’s Way full of unpleasant surprises? Do you see your winning trades suddenly converting into losses? Does the broker ask you to pay the additional fee for withdrawals? These issues are very common for traders at Trader’s Way. In this article, we have shared the stunning reviews of the broker on the review platform. Take a look!