Our Global Market Index Review
Global Market Index (GMI) is a regulated online broker that specializes in forex, CFDs, and commodities trading. Traders using GMI get access to five trading platforms as well as great customer service. GMI has been operating since 2018. It has offices in leading global financial centers including Shanghai and London. The brokerโs UK entity, GMIUK, has a license from the UKโs FCA while the Vanuatu Financial Services Commission (VFSC) regulates its Vanuatu entity GMIVN.
Global Market Index Account Types
GMI offers traders four account types. Three of the accounts are MT4-based accounts with an STP connection while the fourth account offers ECN bridging. The four accounts are the Standard Account, Plus Account, Pro Account, and ECN Account.
- Standard
The minimum deposit amount for a standard account is $2,000. Leverage is set between 1:50 to 1:200. Minimum lot sizes with this account are 0.01 lots.
- Plus
The Plus account is the same as the standard account except that the minimum deposit amount is set at $5,000.
- Pro
The Pro account comes with a minimum deposit amount of $30,000. The minimum order distance for this account is set at 0 pips.
- ECN Account
The ECN account comes with a minimum deposit amount of $100,000. For the ECN account, the minimum trade size is set at 1000 contracts.
Trading Platforms
GMI offers traders access to several platforms via STP Bridge or ECN. The platforms are downloadable to your desktop or accessible via any modern web browser. These platforms are
- STP Bridge Platforms
GMI MetaTrader 4
GMI Alpine Trader
- ECN Platforms
GMI ClearPro
GMI MTF
GMI Currenex
Tradable Assets
Users of GMI have access to various tradable instruments in fx, indices, commodities, and metal. Traders can access global markets with a large depth of book, competitive margins, and true institutional spreads. They will also enjoy 100% STP execution at ultra-low latency.
Deposits and Withdrawals
GMI offers traders numerous deposit and withdrawal options. They include credit and debit cards, bank transfers, and Skrill. The minimum deposit amount for the entry account is $2,000, which gives traders access to numerous trading platforms. Withdrawals on the platform do not incur any fee. They can be done using the same deposit methods. Deposits and withdrawals can be done in EUR, USD, or GBP.
Education and Trading Tools
GMI does not offer a lot of educational content. However, they have a comprehensive FAQ section that will answer any questions a user might have.
Customer Service
Customer support is offered via an online contact form, email, phone, and live chat. It is available 24/5 to all customers of the platform.
Summary
GMI is a regulated broker that offers traders many different account types. Traders can be assured that they are operating within a safe trading environment. They will have access to numerous account types, suited for different trading styles. Besides that, the Global Market Index broker offers traders great trading conditions that include high leverage and low spreads. It is a great platform that is well-suited to traders looking for diverse trading features and access to the MT4 platform.