Our GDMFX Review
GDMFx is a New Zealand based broker that was founded in 2012. The broker works as the ECN STP model and regulated by the FSPR (New Zealand). They offer 128 tradable instruments for trading in the global market.
GDMFx Trust and Regulation
The Global Derivative Capital Markets Ltd is known as the GDMFx. The broker providing service for over 9 years. The company is registered in Auckland, New Zealand, and regulated by the FSPR (Financial Dispute Resolution Service) under the FSP238465 license number.
The GDMFx headquarters is located at Level 3, 187 Queen Street, Auckland CBD 1010 New Zealand. And, the international offices are located in Japan, Singapore, London, and Mexico.
GDMFx account options
The broker offers five different accounts. You can choose Classic, Blade, Blade Pro, Prime, and Binary options account. Also, there is an Islamic account and demo account for practicing and testing its service.
These accounts offer different features; these are following:
Classic account
- This account minimum deposit is 100 USD
- The account base currency (default) is USD and EUR
- You can take maximum leverage is 1:500
- The account offers to Stop out 50%, fixed spreads, and margin call 100%
- A very good opportunity to keep unlimited maximum balance
Blade account
- The account starts with a 200 USD deposit
- The account base currency (default) is USD, GBP, and EUR
- The maximum leverage is 1:200
- Available Stop out 50%, and margin call 100%
- Floating spreads start from 0.1 pip and
- Swap free account available for Islamic traders
Blade Pro Account
- This account minimum deposit is higher its 5000 USD
- The deposit currency is available AUD and others
- You can enjoy the Customizable leverage
- The offer offers Commission 7USD per lot trading
- Available Stop out 30%, and margin call 100%
- Swap free account available and limitless maximum balance and
- STP with interbank spread
Prime account
- The minimum deposit is 200,000 USD
- The deposit currency is available AUD, JPY, and others
- The maximum leverage is 1:1000
- The margin call and stop out are the same as the blade pro account
- STP with interbank spread and Unlimited maximum balance
- You can enjoy a customizable commission structure
Binary account option
- The minimum deposit is 100
- The account offers commission free trading
- The maximum total investment of 2000
- A trader can open 10 positions
*Blade pro and prime account offer a free withdrawal once per week. Free live training available for traders, and personal account manager. Also, offers swap free trading.
GDMFx trading platforms
The broker only offers Metatrader 4 trading platform that available for web trading, Mobile (IOS and Android), and binary options plugin.
Metatrader 4 is a well known trading platform. The platform also known as MT4 and developed by the Meta Quotes Software and launched in 2005
Here are some special features and options for MT4 traders:
- Available for all types of trading such as FX, Crypto, Stock, Commodities, Indices, Futures, EFT and CFD’s.
- MT4 is compatible with all devices such as Desktop, Mac, IOS, and Android.
- Highly secured for traders.
- Real time update available (News, Chart, and Analysis).
- Hedging, EA’s, and Scalping allowed.
- Offers Micro-lot trading (0.01).
- Multiple time frames and multiple positions can be opened.
- Multiple technical tools and indicators available.
- All types of charts Line, Candlestick and Bar chart available.
This trading platform is free and easy to use. You can access it via web browser and can be download for your phone/device from the specific app store.
GDMFx social trading
Social trading is becoming more popular for easy profit! The GDMFx offers social trading via AutoTrade, MQL5, and Zulutrade.
ZuluTrade copy trading
ZuluTrade is a copy and social trading platform operated by Greek technology.
The platform was founded in 2007 in Virginia and currently, they have more than one million users, and the expected trading volume is $800+ billion.
AutoTradeb by myfxbook
It is another online copy trading platform by the myfxbook. This platform provides a depth analysis to understand and choose the perfect strategy to copy the service.
- AutoTrade provides only a live accounts list.
- Completely automated and unlimited demo.
MQL5 social trading
This is one of the world’s leading web portal for automatic social trading. This platform was launched in 2010.
Most signal providers available on this platform and they offer both free and paid signal service. The MQL5 is very popular for their signal service.
- MQL5 is very easy to set up and use.
- Built-in on the Metatrader 4 platform.
- Both free and paid service available, it’s a large platform.
GDMFx deposit and withdrawal
The broker offers lot of options for fund deposit and withdrawal. They accept
Credit cards, master cards, and Debit Cards, Bank Wire Transfer, Wire Transfer, UnionPay, AlgoCharge, Perfect Money, iAccount, Neteller, Webmoney, EPS, Poli, Bitcoin, and Sofort.
GDMFx bonus and promotion
The broker offers bonuses and promotions often for new traders and existing clients.
50% Welcome bonus: A client can get up to a $30,000 USD bonus.
100% Tradeable bonus: with a minimum of $1000 USD a client can get this offer.
8% fixed bonus: Forex and binary options trader will get the 8% annual income.
Also, you will get a list on GDMFx website.
Client Education and Award
The GDMFx free education for their clients and readers. They regularly provide webinars and video tutorials. On their official website, you will get a forex dictionary. For forex newbies, they have a Hermes Academy to get basic guidelines and education.
All these materials, blog posts, the analysis provides by professionals and company staff.
GDMFx is a multi-award-winning broker. They received many awards for their educational support, fastest growing, trading execution and money management.
Client support
They offer special multilingual support including English, Chinese, Malay, Russian, Turkish, and Indonesian.
The support is available via website live chat support, website contact form, phone (+64) 9951 8201, fax (+64) 9973 4253, and email [email protected].
GDMFx made their client service easy. They offer some support through social media:
Twitter: https://twitter.com/GdmFX
Facebook: https://www.facebook.com/GDMFXcom
YouTube: https://www.youtube.com/channel/UC2smFs-Jv3qhj0h699CWHbQ
LinkedIn: https://www.linkedin.com/company/gdmfx