Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GMG

United Arab Emirates United Arab Emirates | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.gmg-brokers.com/

Website

Rating Index

Contact

+971 4-449 6900
https://www.gmg-brokers.com/
Al Fattan Currency House Tower 1, Level 1, Office 103, P.O. Box 506821, Dubai - United Arab Emirates

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Arab Emirates
Operating Period
2-5 years
Company Name
GMG Dubai Ltd
Email
info@gmg-broker.com
Contact Number
+97144496900
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

Users who viewed GMG also viewed..

PUPRIME

PUPRIME

8.53
Score
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
PUPRIME
PUPRIME
Score
8.53
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
Neex

Neex

8.64
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Neex
Neex
Score
8.64
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GO Markets

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website

Verified Site

  • gmg-brokers.com
    162.241.24.185
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
GMG

Related Companies

GMG BROKERS LTD(United Kingdom)
United Kingdom
GMG BROKERS LTD(United Kingdom)
Active
United Kingdom
Registration No.
06775037
Est. Date
GMG Europe B.V.(Netherlands)
Netherlands
GMG Europe B.V.(Netherlands)
Active
Netherlands
Registration No.
85492884
Est. Date
GMG (Dubai) Limited(Dubai (United Arab Emirates))
United Arab Emirates
GMG (Dubai) Limited(Dubai (United Arab Emirates))
Active
United Arab Emirates
Registration No.
0872
Est. Date
Employees

Company Profile

Company Profile

Review summary

Company NameGMG
Registered Country/AreaUnited Arab Emirates
Founded Year2009
RegulationUnregulatory
Tradable AssetsForex, Interest Rates Derivatives, Fixed Income, and Power Commodities
Customer SupportEmail, phone, social media channels, and a message box

GMG Information

Founded in 2009, GMG is an unregulated brokerage company registered in the United Arab Emirates. This firm provides a good mix of investment options for investors in the Middle East & Africa.

However, there is limited information about account types and trading fees on its website.

GMG Information

Pros and Cons

ProsCons
Plenty of investment choicesNo valid regulatory certificates
Offering direct investment servicesLimited information about account types and trading fees
Multiple customer support optionsService only available in the Middle East & Africa

Is GMG Legit?

GMG operates without regulation from any recognized financial authority. Engaging with an unregulated broker like GMG carries substantial risks, and investors should be aware of the potential consequences before depositing funds.

Is GMG Legit?

What Can I Trade on GMG?

GMG gives you plenty of options for investing. Depending on your goals and risk tolerance, you can invest in forex, interest rates derivatives (swaps, risk-free rates, basis swaps, and cross currency swaps), fixed income, and power commodities (electricity). You can trade with this firm if you're in one of these two regions--Middle East & Africa.

A couple of things you won't see here are ETFs and stocks. GMG doesn't offer either one.

Tradable InstrumentsSupported
Forex
Interest Rates Derivatives
Fixed Income
Power Commodities
Stocks
Cryptocurrencies
ETFs
Mutual Funds
What Can I Trade on GMG?

Investment Service

Except for brokerage services, GMG also provides investment services, including investment funds and direct investments.

Its investment funds are either sectorial or alternative. GMG claims to deliver risk-adjusted investment solutions that correspond to investors profiles.

The direct investments offered by this firm focus on late-stage venture capital and/or early growth-stage companies, which are small and medium-sized enterprises (SMEs) across a wide spectrum of industries and with pre-money valuations ranging from $10 to 100 million.

Investment Service

Customer Support Options

For any questions you might have, help is available by phone (+971 4-449 6900), email (info@gmg-broker.com), or social media channels (Facebook and Linkedin). You can also hit a button on an online message box.

Contact OptionsDetails
Phone+971 4-449 6900
Emailinfo@gmg-broker.com
Support Ticket System
Online Chat
Social MediaFacebook, Linkedin
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressAl Fattan Currency House Tower 1Level 1, Office 103,P.O. Box 506821,Dubai, United Arab Emirates
Customer Support Options

The Bottom Line

GMG could be an option if you're an investor in the Middle East or Africa and focused on forex or interest rates derivatives trading. It might also catch your eye if you're interested in trading electricity. However, the biggest drawbacks are insufficient information about trading fees and regulatory hurdles. Furthermore, if you're not in those two regions, you'd be better off looking elsewhere.

FAQs

Is GMG a regulated brokerage?

No, GMG is not regulated by any reputable financial authority.

What account types does GMG offer?

There is no information about account types on its website.

Does GMG offer investment services?

Yes, GMG gives investment services, such as investment funds and direct investments.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for everyone.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

What is the regulatory status and risk profile of GMG?

GMG Dubai Ltd operates without any valid forex trading licenses from recognized major financial authorities, placing it in the category of an unregulated offshore entity. Based on its WikiFX comprehensive score of 1.42 and a business scope categorized as suspicious, this broker presents a high-risk profile for potential clients due to a complete lack of verifiable oversight and investor protection mechanisms.

In a week
United States

When was GMG established?

The broker GMG Dubai Ltd has been in operation for an estimated 2 to 5 years and is registered in the United Arab Emirates, though its operational history lacks the transparency typically associated with longer-established, regulated firms.

In a week
United States

Is GMG suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose GMG or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

In a week
United States

What essential information should I know before trading with GMG?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

In a week
United States
View More
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com