GMOTrading.com

Forex Broker Review: GMO TRADING

GMO TRADING

GMO TRADING REVIEW

GMO TRADING General Info

Company Name: GMO TRADING is operated by Royal Forex LTD (HE 336694) 

GMO TRADING Offices: GMO TRADING maintains headquarters in Cyprus

GMO TRADING Regulation: Regulated by CySEC (License number: 269/15)

GMO TRADING Foundation: GMO TRADING was found in 2017

US Clients: doesn't allow US Traders (NO)

Islamic Accounts: GMO TRADING offers provides SWAP-Free Accounts (YES)

GMO TRADING Execution TypeDD/CFD Broker

GMO TRADING Customer Support: 24/5 via phone, email, and live chat

GMO TRADING 24/5 Customer ServiceGMO TRADING PHONE SUPPORTGMO TRADING LIVE CHAT

GMO TRADING Trading Info

GMO TRADING Server Time Zone: GMT+2

GMO TRADING Spread: Minimum spread is 0.7 pip on EUR/USD (Platinum Account Type)

GMO TRADING Leverage: 500:1

GMO TRADING lot: 0.01

GMO TRADING Scalping: it is allowed by GMO TRADING (YES)

GMO TRADING Hedging: it is allowed by GMO TRADING (YES)

Automated Trading (EAs): it is allowed by GMO TRADING (YES)

GMO TRADING Minimum Account: for Retail Accounts is 250 USD | For professional Accounts, the minimum deposit is $5,000

GMO TRADING Account Currencies: US Dollar, Euro, and British Pound Sterling

GMO TRADING Deposit MethodsWire, Cards, Skrill, Neteller, WebMoney

GMO TRADING Bank WireGMO TRADING Credit CardsGMO TRADING Offer DEBIT CARDSGMO TRADING Offer MoneyBookersGMO TRADING Offer Web MoneyNetteller

GMO TRADING Withdrawal Methods:

GMO TRADING Bank WireGMO TRADING Credit CardsGMO TRADING Offer DEBIT CARDSGMO TRADING Offer MoneyBookersGMO TRADING Offer Web MoneyNetteller

» GMO Trading Web-Site

 

GMO TRADING Currency Pairs

GMO TRADING offers 50+ Forex pairs, plus many assets via CFDs

◘ 50+ Forex Currencies

◘ 33 Cryptocurrency pairs

◘ Hundreds of different shares from Europe, America, and Australia, and 17 stock Indices

◘ Precious Metals, Soft Commodities, and Energies

GMO TRADING Trade Platforms

GMO TRADING Platforms: offers 2 trade platforms: MetaTrader4, and WebTrader

GMO TRADING Mobile Trading: iOs and Android

GMO TRADING Web-Site LanguagesEnglish, Russian, Spanish, Portuguese, German, Dutch, and Polish

Customer Support: Live, Chat, Email, Phone on a 24/5 basis

 

GMO TRADING Pros and Cons

GMO TRADING PROS

GMO TRADING PROS

GMO TRADING CONS

GMO TRADING CONS

√ A very wide Forex asset index containing 50+ Forex pairs X Some withdrawal Fees may apply
33 cryptocurrency pairs, plus many stock indices and hundreds of shares from Europe, Australia, and the US
 
√ Tight spreads for retail and pro traders on Platinum Account Type  
√ Automated Trading, Scalping, and Hedging all allowed  
√ Education (Tutorials, eBooks, and Courses)  

 

GMO TRADING Review -Final Conclusions

GMO Trading is a Cyprus-based broker founded in 2017 and operated by Royal Forex LTD. The broker is regulated by CySEC and provides client bank account segregation. Their customer service is available 24/5 and supports email, phone, and live chat. GMO Trading provides a very nice asset index including 50 Forex Currency pairs, 34 Cryptocurrency pairs, and hundreds of different shares from Europe, Australia, and the US. In addition, there are also many Stock Indices, Precious Metals, Soft Commodities, and Energies.

GMO Trading offer MetaTrader4 desktop and a WebTrader, plus mobile apps for Android and iOs.You can use Expert Advisors (EAs) as automated trading is allowed. Hedging and scalping are also allowed. GMO Trading offer 3 account types (Silver, Gold, and Platinum) and separate accounts for retail and professional traders. The minimum deposit to open a professional account is $5,000, but for opening a Retail Account the minimum deposit requirement is considerably lower ($250). The account currencies include EUR, USD, and GBP. The fund methods available include cards, bank wire plus 3 popular internet wallets (Skrill, Neteller, and WebMoney). The Platinum account is by far the best choice as it offers better spreads and overnight SWAPS. The maximum leverage varies and can be up to 500:1.

Finally, the broker offers free education which includes trading eBooks, tutorials, and trading courses. 

» GMO Trading Web-Site

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