Global Markets Global or GMG Markets offers a multitude of globally traded financial products. The company uses the STP model while all spreads and commission are the cost involved in trading with its essential to any traders leading spreads across multiple asset classes. Currently, GMG in one of the fastest growing brokers worldwide with the range of clients based in Europe, Asia, South America, Africa and Australia.
The trading instruments range includes FX, Indices, Gold, Silver, Energies, Treasuries while all can be accessed via one platform available on multi-devices.
However, one of the important in trading issues is a provided support, thus the company delivers unparalleled customer support service with its over 20 year’s industry experience as well supports a company growing reputation. The clients are supported by the phones of Live Chats along with the free educational resources available to everyone and one on one trading.
Licenses, Regulations & Security of funds:
Being a UK based broker, the GMG Markets are fully authorized and licensed by the FCA (Financial Conduct Authority) that enables a company to deliver a transparent and secure trading environment. As one of the most respected industry authorities, the obtaining of the license involves vast or rules and standards to be followed with an aim to protect clients and investors at any possible mean. Combining strict security with technological solutions that provides what is important to the trader – trading.
Fund protection delivered with segregated accounts held at Tier One banks, commitment to keep the money safe and operate under the European regulations along with the capital adequacy requirements. In the unlikely event of default, client funds are protected while the GMG is solely an intermediary between the client, liquidity providers and exchanges.
Trading Platforms & Tools:
The industry proven technology MetaTrader4 represents a GMG Markets company mainstay, which brings a possibility to various trading strategies to be performed. The STP execution model performs access to the liquidity providers through low latency servers and no requotes policy.
The trader gets an access to trade at any personally suitable device while using a desktop, web, smartphone or tablet with the multiple cutting-edge platforms to cater to the needs and lifestyle of each individual trader. The platforms offer includes GMG+ and MetaTrader4 platforms with instantaneous access to the markets.
GMG+ Desktop and Web Based Platform offers an excellent multi-asset trading solution on a transparent STP execution model through a downloadable or web platform. The GMG+ is a powerful alternative to MetaTrader4 which is perfectly suites manual traders both, the novice ones and professionals.
In order not to never miss a market move again the trader using the GMG MetaTrader 4 app on Apple iOS, Android, Blackberry or Windows mobile phones. The MT4 app allows GMG’s traders check market prices and execute trades on the go. Open an MT4 account to trade mobile with GMG today. GMG enhanced its MT4 platform to integrate seamlessly with our STP / NDD matching engine execution. While the MetaTrader 4 (MT4) platform is ideal for all Forex, Contracts For Difference (CFD) and Metals traders. Featuring advanced charting with customizable indicators, scripts and the ability to use Expert Advisors (EAs), MT4 is one of the most robust and popular trading platforms in the market.
Furthermore, the company offers Fund Managers and Corporate investors to diversify their portfolio by PAMM and MAM Software system. As well FIX API is plugging the price feed into a third party GUI that utilizes special order types or accessing up-to-date rates. The Financial Information Exchange (FIX) Protocol is a messaging standard developed specifically for the real-time electronic exchange of global trading transactions. The above connection features institutional STP FX Liquidity with multiple providers connected to perform real-time transactions with pushed, not pulled rates.
Account Types and Trading Costs:
Different account types catering to all types of traders, novices or the experienced ones, while the standard account is ideal for a smaller account offering all trading costs within the spread. Or the Pro Account that offers ECN style low commission forex pricing with interbank wholesale rates passed to clients. The Standard account requires only 200$ as an initial deposit, while the Pro Account maintenance should be at least 10,000$.
The trading costs represent flexible tiered commission rates based on volume with the price competition from liquidity providers at the Top of Book. Yet, while the trading costs vary from the trader to another the typical Standard Account features spread for EUR/USD of 1.1 pips or 0.04 points out of hours, Pro Account delivers spreads for EUR/USD 0.1 pips.
The payment options include the most common, as well the safest ways to transfer the money, which is the Credit and Debit Cards or the Bank Wire transfer. The traders should know that the minimum deposit is the 500 of the basic trading account currency, there is no typically the charges from the company, however, the client should double check with the payment provider in case of any applicable fees for the transactions.
Overall, the GMG Markets Review is about a highly secured, regulated UK company that delivers vast of investment opportunities to all, retail, corporate, novice or experienced traders with its enabled STP model of execution. The broker offers advanced trading option through its diversified trading instruments portfolio, a choice between the platforms and the trading account along with the dedicated support from the company. Therefore, there is a possibility to the trader of any strategy and size to engage in trading while developing its trading skills with the provided support.