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 |
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