GMI Information

GMI (Global Market Index) is a forex and CFD broker that offers trading services to retail and institutional clients. It was established in 2009 and registered in Saint Lucia. The broker is regulated by the Financial Conduct Authority (FCA) in the UK. GMI offers a range of trading instruments, including gold, oil, silver, forex, indices, and stock CFDs via the MT4, MT5 and GMI Edge platforms.

Pros & Cons

Is GMI Legit?

GMI is a regulated forex broker, licensed by Financial Conduct Authority (FCA) in the United Kingdom with license no.677530, which provides some level of safety and security for traders. However, it is important to note that regulation does not guarantee the complete safety of funds and trading with any broker carries a level of risk.

Market Instruments

GMI offers popular markets across different asset classes, including gold, oil, silver, forex, indices, and stock CFDs. Other assets like cryptocurrencies, bonds, options, and ETFs are not available.

Account Types

GMI offers four types of accounts, ECN, Cent, Standard, and Standard Bonus, with a minimum deposit requirement of 15 USD.

Leverage

GMI offers different maximum leverage ratios for different account types.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

The ECN account charges a commission fee of $4 per lot, while the other accounts do not charge commissions. GMI offers very low spreads, starting from 0.0. Below are the specific spreads for different trading instruments.

Trading Platforms

GMI offers its clients three choices of trading platforms, the popular MetaTrader 4, MetaTrader 5, and its proprietary GMI EDGE. Both MT4 and MT5 are equipped with a variety of tools and features for technical analysis, order management, and customization. They also support automated trading with the use of Expert Advisors (EAs). GMI EDGE can be downloaded through Android and Web devices.

Copy Trading

GMI offers copy trading features that allow traders to copy the strategies of successful traders. This enables traders to learn from experienced individuals and potentially benefit from their proven track records. GMI's copy trading platform promotes knowledge sharing and community-driven trading in a simple and accessible manner.

FAQs

Is GMI regulated?

Yes. GMI operates legally, and it is regulated by FCA in the UK.

Does GMI offer demo accounts?

Yes. GMI offers demo accounts with $10,000 virtual capital.

Does GMI offer industry-standard MT4 & MT5?

Yes. Both MT4 and MT5 are available.

What is the minimum deposit for GMI?

15 USD.

Is GMI a good broker for beginners?

Yes. Overall GMI is a good choice for beginners because it offers a wide variety of trading assets with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds.

au Kabucom Securities is an online brokerage company and is the core company of Mitsubishi UFJ Financial Group (MUFG Group) 's online financial services. The business is involved in securities trading, brokerage, offering, and selling. Along with other financial services, it offers bank agency and foreign exchange margin trading.

Pros and Cons

Is au Kabucom Securities Legit?

Yes, Au Kabucom is currently regulated by the Financial Services Agency (FSA), holding a retail forex license (No.61).

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	Financial Services Agency (FSA)	Regulated	auカブコム証券株式会社	Retail Forex License	関東財務局長(金商)第61号

Products and Services

Fees

au Kabucom Securities offers commission-free forex trading, where the trading cost is incorporated into the spreads.

Au Kabucom charges for transactions involving other products, nevertheless. Here is the stock trading commission, for instance.

Stock trading commission (excluding Petit (Kabu®) and Premium Accumulation (Petit (Kabu® )))

Note:

• The above fees will be applied regardless of the execution conditions (market order, limit order, automated trading, etc.).
• If a calculation (fee calculation or consumption tax calculation) results in a fractional part, it will be rounded down.
• For transactions over the phone, an operator fee of 2,200 yen (tax included) will be added separately.
• The fees for buying and selling stock acquisition rights are the same as the fees for buying and selling physical shares mentioned above.
• There are no fees for transactions within a NISA (tax-free small-scale investment) account.
• If the upper limit of the price range (stop high) changes due to a period-specified order and the available amount falls short, the order will be forcibly canceled.

Trading Platform

Au Kabucom Securities offers an au Kabucom app which is available both on the PC and mobile platform.