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Score

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

GMI Edge

Vanuatu Vanuatu | 5-10 years |
ECN Account Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://gmiedge.com/

Website

Rating Index

Contact

1800 282260
cs.id@gmiedge.com
https://gmiedge.com/
Licenses

Licensed Entity:Global Prime Limited

License No. 14647

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Vanuatu Vanuatu
Operating Period
5-10 years
Company Name
Global Prime Limited
Customer Service Email Address
cs@gmiedge.com
Contact Number
1800 282260
Company Website
Account
WikiFX Data
Marketing Strategy
Website
Genealogy
Relevant Enterprises
Company Summary
Disclosure
News
Wiki Q&A
Comment

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Total Margin Trend

VPS Region User Products Closing time
BeiJing BeiJing 303*** XAUUSD. 05-17 23:40:50
silicon valley silicon valley 672*** XAUUSD. 05-17 22:07:02
Singapore Singapore 202*** XAUUSD. 05-17 22:28:44

Stop Out

1.38%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

  • gmiedge.com
    104.27.164.166
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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Relevant Enterprises

GLOBAL PRIME LIMITED(Hong Kong)
Hong Kong
GLOBAL PRIME LIMITED(Hong Kong)
Active
Hong Kong
Registration No. 1341885
Established
Related sources Website Announcement

Company Summary

GMI Edge Review Summary
Founded2009
Registered Country/RegionVanuatu
RegulationVFSC (Unverified)
Market InstrumentsGold, Oil, Silver, Forex, Indices, and Stocks
Demo Account
LeverageUp to 1:2000
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5, GMI EDGE, Multi - Account Manager (MAM)
Minimum Deposit$15
Copy Trading
Customer Support24/5 support
Email: cs.global@gmimarkets.com
Contact form, live chat
Regional Restrictionsthe 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).

info

Pros and Cons

ProsCons
Demo account availableUnverified license
A wide range of productsWithdrawal fee charged
Multiple customer support channels
Low minimum deposit
MT4 & MT5 platform
Copy trading supported

Is GMI Edge Legit?

At present, GMI Edge holds a unverified Retail Forex License from the Vanuatu Financial Services Commission (VFSC). Please pay high attention to the safety of your funds if you choose this broker.

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
VanuatuVanuatu Financial Services Commission (VFSC)UnverifiedGlobal Prime LimitedRetail Forex License14647
license

What Can I Trade on GMI Edge?

On GMI Edge, you can trade with Gold, Oil, Silver, Forex, Indices, and Stocks.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
ETFs
Bonds
Mutual Funds
assets

Account Type

GMI Edge provides ECN Account, CENT Account, Standard Account, and Demo Account. And the min deposit requirement is as low as $15 (CENT account).

Account TypeMinimum Deposit
ECN$100
CENT$15
Standard$25
Account Type

Leverage

The maximum leverage is up to 1:2000. However, note that high leverage amplifies both profits and losses.

Account TypeLeverage
ECNUp to 1:500
CENTUp to 1:1000
StandardUp to 1:2000

Fees

Account TypeSpreadsCommission
ECN0.0 pips$4 per lot
CENT0.0 pipsNo Commission
Standard0.0 pipsNo Commission
Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, MacOS, iOS, Android, WebBeginners
MT5Windows, MacOS, iOS, AndroidExperienced traders
GMI EDGEiOS, Android, Web/
Multi-Account Manager (MAM)//
Trading Platform

Deposit and Withdrawal

Payment OptionsDeposit FeeMinimum DepositDeposit Processing TimeWithdrawal FeeMinimum WithdrawalWithdrawal Processing Time
Local Bank Transfer15 USDInstant50 MYRBetween 8 am to 6 pm daily
Neteller10 USDInstant4%10 USDInstant
Skrill10 USDInstant4%10 USDInstant
Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

GMI Edge: A Closer Look at Its Licenses

Exposure GMI Edge: A Closer Look at Its Licenses

In the world of online trading, regulatory oversight plays a critical role in protecting investors and ensuring market integrity. Brokers operating without clear and verifiable regulation often pose heightened risks to traders. GMI Edge is one such broker that, according to available information, raises several red flags regarding its licensing and operational transparency.

 Its a gold giveaway

News  Its a gold giveaway

This document sets out the rules for this Lucky Draw. Make sure you read them carefully and understand them all before you enter the Lucky Draw.

Wiki Q&A

Sanford
Sanford
1-2 years

What trading instruments are available on GMI Edge?

WikiFX
WikiFX Reply

GMI Edge offers a wide range of trading instruments, including forex, gold, silver, oil, and indices. Traders can access global financial markets through CFDs on major indices such as Dow Jones, NASDAQ, and S&P.

Broker Issues
GMI Edge
GMI Edge
Account
Platform
Instruments
Leverage
07-22
United States
Yousef47
Yousef47
1-2 years

What are the pros and cons of GMI Edge?

WikiFX
WikiFX Reply

GMI Edge offers several advantages, including a wide range of market instruments such as forex, gold, oil, silver, and indices, multiple account types, high leverage options (up to 1:2000), and access to the MetaTrader 4 (MT4) platform. However, the broker faces significant downsides, including its lack of valid regulation, suspicious license status, limited transparency regarding spreads, and a lack of clear information about commissions for certain account types.

Broker Issues
GMI Edge
GMI Edge
Regulation
07-18
United States
joalund
joalund
1-2 years

How long does GMI Edge withdrawal take?

WikiFX
WikiFX Reply

Withdrawals through Neteller and Skrill are processed instantly, while withdrawals via local bank transfers take longer and are processed between 8 am and 6 pm daily.

Broker Issues
GMI Edge
GMI Edge
Withdrawal
Deposit
07-14
United States
Rpy Sundram
Rpy Sundram
1-2 years

What is the spread at GMI Edge?

WikiFX
WikiFX Reply

The spread details are not disclosed by GMI Edge on their website, making it difficult for traders to assess potential costs related to their trading activities.

Broker Issues
GMI Edge
GMI Edge
Fees and Spreads
06-19
United States
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