General Information & Regulation
GMI (Global Markets Index) was established in 2009 and has been operating in 8 different countries worldwide for over a decade. GMI has accumulated over a decade of experience in serving traders worldwide. GMI is authorized and regulated by the UK Financial Conduct Authority (license number:677530) and also regulated by the Vanuatu Financial Services Commission offshore.
Markets Instruments
GMI supports over 50 common financial instruments ranging from gold to forex, mainly over 40 major currency pairs, gold, silver, energy, indices, and cryptocurrencies.
Minimum Deposit
Four account options are listed on GMI (Global Markets Index) platform: standard, standard bonus, cent and ECN accounts. The minimum initial deposit for opening a standard account is only $25, sounds the good options for new traders to have a try.
Leverage
In terms of trading leverage, GMI (Global Markets Index), as a UK based broker established by the EMSA regulation offers the leverage of up to 1:30 for forex instruments, 1:20 for minor currency. Trader who open an accounts under its Vanuatu entity can enjoy the higher leverage of up to 1:200 or 1:300.
Spreads & Commissions
The minimum spread on the GMI Market is 0.56 pips for EURUSD, 0.62 pips for GBPUSD, 2.8 pips for USDJPY, and 2.8 pips for USDCHF. The spreads start at 0.6 pips for XAUUSD, 2.1 pips for XAUGBP, 2.4 pips for USOil, 2.1 pips for UKOil, and 0.71 pips for Natural Gas. The lowest spread on Wall Street is from 2.8 pips, the lowest spread on HIS HDK is from 22.3 pips, the lowest spread on Bitcoin USD is from 48 pips, and the lowest spread on Ether USD is from 3 pips.
Trading Platforms
GMI offers traders the flexibility to choose from the MT4 trading platform, as well as MT4 for Android, MT4 for iOS, and MT4 for PC/Mac. MT4 is a popular platform with powerful charting tools and technical analysis tools, as well as a user-friendly interface that is ideal for traders of all levels.
Deposit and Withdrawal
GMI welcomes various easy, secure and fast deposit and withdrawal methods, including bank transfers. All account types accept bank or electronic transfers, and GMI does not accept third-party withdrawals. Withdrawals under $1000 are processed immediately by GMI; withdrawals between $1000 - $19999 require manual review and are sent to the payment provider for verification within 24 hours. Withdrawals over $20,000 may take up to 4 business days.
Trading Hours
Global Market Index follows standard office hours and 24-hour trading hours Monday to Friday. With that said, trading sessions may vary by market.
Customer Support
GMI offers a range of customer support options, available 24/5 via online contact form, telephone at 400-606-3399, email at cs@gmimarkets.com, live chat engines accessible from the relevant logos on the contact us webpage.
