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FOREX EXCHANGE , GMI Edge Broker Comparison

Do you want to know which is the better broker between FOREX EXCHANGE and GMI Edge ?

In the table below, you can compare the features of FOREX EXCHANGE , GMI Edge side by side to determine the best fit for your needs.

Rating
Basic Information
Trading Env.
Account Info
Related News
Relevant Exposures

2 / 3 forex brokers comparison in total

Rating

Score

Regulatory Status

WikiFX Guarantee

WikiFX Survey

Risk Evaluation

Exposure

Basic Information

Est. Date

Regulatory License

MT4

MT5

Crypto

Deposit/Withdrawal Methods

Trading Env.

Trading Environment Rating

Execution Speed

Trading Speed Rating

Average Execution Speed

Minimum Execution Latency

Minimum Open Latency

Minimum Close Latency

Maximum Execution Latency

Maximum Open Latency

Maximum Close Latency

Slippage

Slippage Rating

Average Slippage

Max Slippage

Maximum Positive Slippage

Maximum Negative Slippage

Trading Cost

Trading Cost Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Swap

Swap Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Disconnection Instances

Disconnection Rating

Avg. Disconnection Frequency (/day)

Avg. Reconnection Time

Account Info

Accounts

Account Name

Trading Instruments

Minimum Deposit

Maximum Leverage

Typical Spread

Stop-Out Level

Spread Types

Minimum Trade Size

Crypto

Lock Position

Scalping

EA Trading

8.27

Regulated

Under guarantee

2 user-reported exposures

15-20 years

FSA

1.58

Unverified

Under guarantee

3 risk warning

5-10 years

VFSC

Standard (Bonus),ECN,Cent,Standard

$25

60.00

Variable

0.01

GMI Edge BrokerRelated News

FOREX EXCHANGE BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do forex-exchange and gmi-edge have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

forex-exchange

FOREX EXCHANGEReview Summary
Founded	2004
Registered Country/Region	Japan
Regulation	Regulated
Market Instruments	Currencies
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	MT4
Min Deposit	/
Customer Support	Phone: 0120-555-729
	Email: support@forex-exchange.co.jp
	Physical Address: 〒 103-0025Tokyo chuo ward kaya, the nihonbashi 2-1-1 second securities pavilion

FOREX EXCHANGE Information

FOREX EXCHANGE, incorporated in Japan in 2004. Currently regulated by the FSA, it allows traders to trade currency pairs through MT4 and supports free trading fees. But it did not provide specific information about the accounts.

Pros and Cons

Pros	Cons
Regulated by FOREX EXCHANGE	No account details
Support MT4
Transaction fee, stop loss fee and account maintenance fee are 0 yen

Is FOREX EXCHANGE Legit?

Regulated Country/Region
Regulated Authority	FSA
Regulated Entity	FOREX EXCHANGE株式会社
License Type	Retail Forex License
License Number	関東財務局長(金商)第293号
Current Status	Regulated

What Can I Trade on FOREX EXCHANGE?

It can mainly trade 25 currencies.

Tradable Instruments	Supported
Currencies	✔
Precious metals & Commodities	❌
Indices	❌
Stocks	❌
Bonds	❌
ETF	❌

Account Types

The account opening process is as follows, consisting of four steps. You may refer to:

FOREX EXCHANGE Fees

Transaction fee, stop loss fee and account maintenance fee are 0 yen. Deposits of more than 1 billion yen will be charged.

Trading Platform

FOREX EXCHANGE offers MT4 for trading on desktop, mobile and tablet.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Tablet	Beginner
MT5	❌

Deposit and Withdrawal

Withdrawals must be made from the website and can only be made in Japanese yen.

The withdrawal fee is free in principle. For withdrawals of less than 10,000 yen and withdrawals of more than 5 times per month, 540 yen will be charged per withdrawal.

The money will be remitted to your registered financial institution account within 4 working days.

Deposits can be made through regular bank transfers and fast deposits, with no minimum amount limit. Payment in Japanese yen only.

gmi-edge

GMI Edge Review Summary
Founded	2009
Registered Country/Region	Vanuatu
Regulation	VFSC (Unverified)
Market Instruments	Gold, Oil, Silver, Forex, Indices, and Stocks
Demo Account	✅
Leverage	Up to 1:2000
Spread	From 0.0 pips
Trading Platform	MT4, MT5, GMI EDGE, Multi - Account Manager (MAM)
Minimum Deposit	$15
Copy Trading	✅
Customer Support	24/5 support
	Email: cs.global@gmimarkets.com
	Contact form, live chat
Regional Restrictions	the USA, EU, Sanctioned and High Risk Jurisdictions

GMI Edge is a broker founded in 2009 and registered in Vanuatu with an unverified license from VFSC. It offers various instruments: Gold, Oil, Silver, Forex, Indices, and Stock CFDs. It also provides multiple account types: ECN Account, CENT Account, Standard Account, and a demo account, with a low minimum deposit of $15 (for the CENT account). Moreover, GMI Edge offers competitive spreads starting from 0.0 pips, high leverage of up to 1:2000, and access to MT4, MT5, GMI EDGE, and Multi-Account Manager (MAM).