GMI Journal

Journal status: live
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GMI Profile
Year
2009
Country
SVG
Branches
7
Regulation
not regulated
Registration
FSA SVG, VFSC Vanuatu, FSC Mauritius
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM, STP, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
15
LPs quality
Tier-1 Banks, Other
LPs names
...

GMI Accounts
MM
ECN
Minimum Deposit
25 $
100 $
Leverage
2000 : 1
500 : 1
Minimum Lot
1 lots
1 lots
EURUSD spread
...
0 pips
Commission
0 $/lotRT
4 $/lotRT
Volume
50 lots
50 lots
Margin Call
...
...
Stop Out
...
...
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Local Transfer, Neteller, Skrill
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is GMI safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG, VFSC Vanuatu, FSC Mauritius
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is GMI trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • GMI website: semi-detailed, updated ★★★
  • GMI popularity (by visitor count): average ★★★

How GMI works



4. CROSS TRADE CONSENT. The undersigned hereby acknowledges and agrees that GMI may act as the counterparty to Client for any trade entered for the undersigned’s account.


We bank with the world's top banks to maximize the safety of our clients' funds.


ECN (or Electronic Communication Network) Accounts receive liquidity and pricing through a network of 15 major banks, hedge funds, and institutional liquidity providers. In many cases, the price spread is zero, otherwise known in the institutional trading industry as choice pricing. In simple words, your trade will start showing a profit as soon as the market price goes in your direction.



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