GSM

GSM Information

Registered in the United Kingdom, GSM is a brokerthatprovides investors with precious metals, stock indices, futures, crude oil, and other internationally popular trading products. The tradable instruments with a maximum leverage of 1:200. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 0.0 pips and the minimum deposit is $100. GSM is still risky due to its suspicious clone status, and bad reviews about stock fraud.

Pros and Cons

Is GSM Legit?

GSM is regulated by ASIC with license number 001281851, but the current status is 'suspicious clone'.

What Can I Trade on xx?

xx offers various market instruments, including precious metals, stock index futures, crude oil, and more.

Account Type

GSM has three account types: classic, pro, and VIP. Traders who want low leverage can choose classic and pro accounts, while those with a sufficient budget can open a VIP account.

GSM Fees

The spread starts from 0.0 pips, the commission is from $0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Trading Platform

GSM cooperates with the authoritative MT5 trading platform available in PC to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Deposit and Withdrawal

The minimum deposit is $100. However, the official website is inaccessible, so transfer processing times, methods, and associated fees are unknown.