Global Market Index Review
Global Market Index, GMI for short, is an online trading broker that offers access to trade forex, metals, indices, commodities, CFDs, and other financial markets online via the MT4/MT5 trading platform. The broker offers true institutional spreads, low commissions, and competitive margins that are designed to help you grow your business. There is 24/5 customer support to assist traders.
Global Market Index Review, Pros & Cons
- User-friendly MT4 trading platform
- Multiple financial instruments
- Various account types
- Various account funding methods
- Minimum deposit of $2,000
- No standalone trading tools
- Limited educational resources
- No USA traders accepted
In this detailed Global Market Index review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Global Market Index Overview
Operating from the United Kingdom, Global Market Index is a regulated multi-asset brokerage firm that allows traders to transact various financial markets via a range of intuitive trading platforms. The broker operates a 100% STP execution model, which offers access to the interbank markets. Other essential features of the broker include customizable liquidity and technology solutions, MAM software, true institutional spreads, low commissions, and competitive margins.
Global Market Index Regulation
Global Market Index Limited is authorized and regulated by the Financial Conduct Authority (FRN: 677530). GMI, GMI UK, and GMI Markets are trading names of Global Market Index Limited (a company registered in England and Wales, company number 07736428).
Global Market Index Countries
The broker’s services are not available to any person in any jurisdiction where such an offer or service is not authorized or would be contrary to local law or regulation.
Some Global Market Index features and products mentioned within this Global Market Index review may not be available to traders from certain countries because of legal restrictions.
Global Market Index Platforms
The broker provides traders with the MT4 and MT5 trading platforms, which were introduced in 2005 and 2010 respectively by MetaQuotes. The MT4 trading platform is a popular trading platform that features a suite of built-in trading tools in a user-friendly interface to suit all levels of traders.
Built with all the features of the MT4 and more, the MT5 is a robust and versatile trading platform. It is the most advanced multi-asset platform for trading currencies, metals, stock exchange instruments, and hundreds of other derivative assets. It features flexible trading systems, algorithmic trading, multiple charting & analysis, and one-click trading. The broker makes these platforms available in desktop, web, and mobile versions.
Global Market Index Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
Global Market Index Education
The broker’s website contains an FAQ section that answers some of the most common questions that traders may have.
Global Market Index Instruments
GMI offers the following trading instruments: forex, metals, indices, commodities, CFDs, and more.
Global Market Index Accounts & Fees
The broker offers four different account types: MT4 Standard, MT4 Plus, MT4 Pro, and ECN Accounts; three of them are MT4 accounts with STP connection, and one offers ECN bridging. The minimum deposit required to start trading is $2,000. A demo account is also available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Global Market Index review. It is imperative to ensure that you check and understand all of the latest information before you open a Global Market Index broker account for online trading.
Global Market Index Support
The broker’s client support team is always available to respond to clients’ general, technical, and account-based inquiries. They can be reached via telephone, email, social media, and Live Chat.
Global Market Index Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank wire transfers
- Credit/Debit cards, such as Visa, MasterCard, and Maestro
- Online payment processors: Neteller, Skrill, and more.
Global Market Index Account Opening
To open a live trading account, you are required to tap on the ‘Sign Up’ button on the broker’s website and provide the requested information.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Global Market Index Summary
Global Market Index is a regulated multi-asset brokerage firm that operates from London, United Kingdom. They provide traders with advanced trading platforms that are available on desktop, web, and mobile platforms. Traders get to trade multiple financial products whilst enjoying several favourable trading conditions, such as low spreads, multiple payment methods, demo account, leverage of up to 1:200, and more. The minimum deposit required to start trading is $2,000.
Trading forex, CFDs, and any financial derivative instruments on margin carry a high level of risk and may not be suitable for all investors; you could sustain losses above your deposits. Please consider your financial situation and investment experience carefully before trading any products offered by GMI.