GDMFX review
GDMFX is a Multi-Assets Trading Platform with over 50+ Assets
GDMFX is a multi asset platform with 50+ tradable Assets.
Assets available on GDMFX include Forex.
GDMFX trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex are considered financial assets.
Features of GDMFX
- GDMFX offers Advanced Financial Chart comparison tools
- GDMFX offers Research-backed analysis on financial markets and investments from top analysts
- The GDMFX platform is available to use on multiple devices including iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- GDMFX offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- GDMFX users benefit from using the GDMFX platform in over 6 different languages
GDMFX review
What you should know
GDMFX offer one way to trade: Forex. The assets and products available to you on the GDMFX trading platform depends on the region of the world, you are in and the GDMFX entity you have an account.
With GDMFX you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with GDMFX platform.
GDMFX are able to accommodate various levels of traders whether you are experienced or a beginner.
Are GDMFX safe?
When considering GDMFX for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as GDMFX, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2012, and in operation for 11 years GDMFX have a head office in Anguilla.
GDMFX is not regulated. This means GDMFX are not supervised by any regulatory bodies.
GDMFX withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like GDMFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. GDMFX are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of GDMFX and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. GDMFX has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, GDMFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like GDMFX, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds.
Losses can exceed deposits
Is my money safe with GDMFX?
All payments made to GDMFX by traders are securely held in a segregated bank account.
GDMFX uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should GDMFX use them?
GDMFX partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their GDMFX clients' funds.
GDMFX clients can have greater confidence in their financial security when working with a Tier 1 bank because GDMFX are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in GDMFX deposited in a Tier 1 bank?
Depositing funds with GDMFX ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if GDMFX were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that GDMFX is a secure and safe platform.
Please be aware that trading in financial assets with GDMFX carries a risk of loss. GDMFX trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
GDMFX emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about GDMFX, let's closely examine its features.
To better understand the GDMFX trading platform, you can create two separate accounts - one with real money and the other a GDMFX demo account. A GDMFX demo account provides a risk-free environment for experimenting with the GDMFX platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in GDMFX trading decisions.
Open a demo account Visit GDMFX
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How GDMFX as a Company Compare Against Other Brokers
Broker |
GDMFX
![]() |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
---|---|---|---|---|
Year Established | 2012 | 2007 | 2009 | 2007 |
Head Office | Anguilla | Australia | Belize | Cyprus, UK |
Regulation | Unregulated | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ GDMFX users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit GDMFX | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. |
GDMFX review
GDMFX Pros and Cons
GDMFX review
GDMFX Regulation and Licensing in more detail
The online broker GDMFX is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with GDMFX, you may not receive adequate help or recourse.
- Unregulated
Is GDMFX Global?
Yes, GDMFX is global as GDMFX is available in over 193 countries.
GDMFX is a global trading platform in the sense that it operates in 193 countries including nations in Africa, Asia, Oceania, and Europe. Major countries GDMFX covers include the UK, Germany, South Africa, Thailand, China and Australia. GDMFX has a total of more than 10,000 users.
GDMFX review
GDMFX Fees Explained
- GDMFX withdrawal fees varies on payment method
- GDMFX does not charge a fee for inactive accounts.
- GDMFX doesn't charge deposit fees.
GDMFX Costs To Check
Modern brokers like GDMFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, GDMFX may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall GDMFX trading profitability.
How GDMFX Fees Compare Against Other Brokers
Broker |
GDMFX
![]() |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
---|---|---|---|---|
Min Deposit | 100 | 200 | 10 | 50 |
Withdrawal Fees | Varies | No | Yes | Yes |
Inactivity Fees | No | No | No | Yes |
Deposit Fees | No | Varies | No | No |
CFD Commission Fees | No | Yes | No | Yes |
GDMFX Minimum Deposit
GDMFX requires a minimum deposit of 100 GBP/USD/EUR when opening an GDMFX trading account.
A minimum deposit is the minimum amount of money required by GDMFX to open a new online brokerage account with them.
Don't be scared off by brokers like GDMFX charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like GDMFX, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
GDMFX Withdrawal Fees
The fees for withdrawing funds from your GDMFX account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your GDMFX withdrawal request is important.
GDMFX Withdrawal rules may vary across different brokers when it comes to transferring funds from your GDMFX or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with GDMFX may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the GDMFX withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from GDMFX. Researching and comparing GDMFX withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing GDMFX funds frequently or dealing with large sums of money. Awareness of these GDMFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your GDMFX funds.
For example, GDMFX allows you to withdraw your funds to Credit cards, Bank transfer, Neteller, PerfectMoney, WebMoney, POLi, UnionPay, SOFORT, Giropay, EPS, DebitCard.
GDMFX Inactivity Fees
GDMFX does not charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by GDMFX terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all GDMFX fees and services. It's recommended that you check the GDMFX website before signing up. If you decide to close your GDMFX account, it's important to do so with the GDMFX broker customer support and obtain confirmation that no remaining GDMFX fees are due.
Brokers like GDMFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
GDMFX Deposit Fees
GDMFX does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
GDMFX Commission Fees
GDMFX does not charge commission on CFD instruments.
Brokerage firms like GDMFX may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the GDMFX trading account level held by the trader.
GDMFX may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing GDMFX terms and conditions to understand the commission fees and any other charges that may apply is essential.
GDMFX review
What can you trade with GDMFX?
It's essential to note that the trading instruments offered under the GDMFX brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the GDMFX trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with GDMFX over 50 instruments in fact.
If you want to trade currency pairs on global Forex markets, GDMFX offer over currency pairs.
GDMFX Compared To Other Brokers
Compare GDMFX with IC Markets and Roboforex below.
How GDMFX Trading Options Compare Against Other Brokers
Broker |
GDMFX
![]() |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
---|---|---|---|---|
Instruments Available | 50 | 2250 | 100 | 5000 |
Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | Yes | Yes | Yes | |
Exotic Forex pairs | Yes | Yes | Yes | |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | No | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | No | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | Yes | Yes | Yes | Yes |
Japanese Shares | Yes | Yes | Yes | Yes |
Risk Warning |
Visit GDMFX
Losses can exceed deposits |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider. |
GDMFX review
Trading on GDMFX web platforms and other applications
GDMFX offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
GDMFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See GDMFX's platformsIs the GDMFX Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the GDMFX trading platform to protect you on PC and mobile GDMFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using GDMFX web trading platforms.
GDMFX Trading Platform Options
After logging into your GDMFX account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that GDMFX does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
GDMFX does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options GDMFX gives you.
GDMFX review
GDMFX MetaTrader 4 (MT4)
GDMFX MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on GDMFX offers traders comprehensive features and tools to enhance their trading performance. The GDMFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the GDMFX platform to their needs. One of the standout features of MT4 is its charting functionality, which allows GDMFX traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give GDMFX traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 GDMFX trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the GDMFX MetaTrader 4 (MT4) trading platform. MT4 is a platform available with GDMFX, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The GDMFX MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. GDMFX allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with GDMFX in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. GDMFX MetaTrader 4 is compatible with the latest macOS. GDMFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on GDMFX
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade GDMFX MetaTrader 4 on iOS Devices
You can download the GDMFX app or trade with GDMFX through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. GDMFX customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade GDMFX MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and GDMFX offers its clients access to the MetaTrader 4 platform on these devices. With the GDMFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing GDMFX traders to stay on top of their trades and react quickly to changes in the market. With the GDMFX MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade GDMFX MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on GDMFX are a powerful bundle of three major indicators designed to help traders make informed decisions. GDMFX MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help GDMFX traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing GDMFX traders to potentially stay one step ahead.
GDMFX MetaTrader 4 Advanced Trading Tools
The GDMFX MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give GDMFX traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, GDMFX provides traders with everything they need to succeed. The GDMFX MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing GDMFX traders to analyze the market at any level of complexity.
Trade GDMFX MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
GDMFX MetaTrader 4 AutoChartist
Autochartist on the GDMFX platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for GDMFX MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, GDMFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save GDMFX users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. GDMFX traders can navigate the platform and find the information they need to make informed trading decisions.
GDMFX Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for GDMFX traders of all experience levels.
GDMFX Trading benefits
- GDMFX Allows scalping
- GDMFX Allows hedging
- GDMFX Offers STP
- GDMFX Low min deposit
GDMFX Trading Accounts Offered
Below we give an overview of the account types that GDMFX offer. Whatever you are looking to trade, the varying GDMFX account types will be able to provide you with what you need.
- Micro account
- GDMFX Mini account
- GDMFX Standard account
- GDMFX ECN account
- GDMFX STP account
- GDMFX Managed account
- GDMFX Islamic account
Can I try GDMFX?
GDMFX provides a demo account that enables individuals to explore trading before investing their funds. By creating a GDMFX practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the GDMFX demo account can help individuals to make informed decisions before investing their money.
Open a demo GDMFX account to practice and trade.
Losses can exceed deposits
GDMFX withdrawal and funding methods
It's essential to remember that the payment methods provided by GDMFX vary based on the GDMFX entity and the GDMFX client's country of residence. To view the GDMFX payment options available, you can log into your GDMFX member's area.
GDMFX offers various funding payment methods listed in your GDMFX dashboard if available in your region. To learn more about the GDMFX funding and withdrawal options available in your area, you can explore the GDMFX website.
GDMFX provides several payment methods for funding your GDMFX account. You may utilize any of these deposit options if they are available in your region. GDMFX ensures that users have multiple payment methods to choose from, making it more convenient for verified GDMFX account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the GDMFX user's location. learn more about GDMFX funding and withdrawal methods.GDMFX Payment Methods
Some GDMFX payment methods are local and are available only to specific regions. GDMFX account holders should check which payment methods are provided in your region.- GDMFX accepts Credit cards
- GDMFX accepts Bank transfer
- GDMFX accepts Neteller
- GDMFX accepts PerfectMoney
- GDMFX accepts WebMoney
- GDMFX accepts POLi
- GDMFX accepts UnionPay
- GDMFX accepts SOFORT
- GDMFX accepts Giropay
- GDMFX accepts EPS
- GDMFX accepts DebitCard
Broker |
GDMFX
![]() |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | Yes | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available GDMFX and other broker payment methods depend on the clients country of residence.
How can I start trading with GDMFX?
To open a trading account with GDMFX, individuals can sign up on the GDMFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for GDMFX account validation and making a deposit. Once completed, GDMFX users can download the trading platform of their choice.
It's important to note that GDMFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps GDMFX maintain a trustworthy financial environment for its 10,000 users. Detailed information on the GDMFX trading platforms is available on their website.
Losses can exceed deposits
Performing trades with GDMFX
When using GDMFX, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. GDMFX have a max trade of 1,000 Lot. With the ECN and STP execution methods offered by the platform, traders using GDMFX can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, GDMFX margin requirements can differ depending on the traded instrument.
Education Resources at GDMFX
To trade effectively with GDMFX, it's important to have a good understanding of the GDMFX trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with GDMFX and externally.
GDMFX . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with GDMFX. Familiarizing yourself with the GDMFX trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using GDMFX. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with GDMFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like GDMFX, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with GDMFX. Explore the GDMFX platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with GDMFX, before live trading.
Customer Support at GDMFX
As part of our GDMFX review, we review customer service options, response times and problem resolution effectiveness on the GDMFX trading platform. The GDMFX trading platform supports multiple languages, which includes English, Russian, Turkish, Chinies, Malay, Indonesian.
GDMFX Available Support Types
See how GDMFX Support Compares Against Other Brokers
Broker |
GDMFX
![]() |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
---|---|---|---|---|
Support |
|
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|
|
Languages | English, Russian, Turkish, Chinies, Malay, Indonesian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit GDMFX | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with GDMFX
As GDMFX is regulated by Unregulated.
As a new client of GDMFX, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with GDMFX in your region. During the GDMFX account opening process, you will be asked to provide GDMFX with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with GDMFX have the following documents available.
- GDMFX require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for GDMFX compliance. This must be dated within the last six months.
- If you plan to fund your GDMFX account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the GDMFX platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under GDMFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring GDMFX's platform.
However, remember that you won't be able to make trades on GDMFX until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the GDMFX KYC compliance process as soon as possible to avoid any delays in accessing the GDMFX platform's features.
It is important to note that GDMFX may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the GDMFX platform and features immediately. However, you must pass the verification process to start live trading with GDMFX, which can take up to a few business days.
To start the process of opening an account with GDMFX you can visit the GDMFX trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.gdmfx.com on September 28, 2023.
Is GDMFX A Good Broker?
We have spent over 5 years examining GDMFX in depth. Although we found some very useful aspects of the GDMFX platform that would be useful to some traders. We feel that a alternative to GDMFX may better suit you.
- GDMFX have a good track record of offering Forex.
- GDMFX has a history of over 11 years.
- GDMFX has a reasonable sized customer support of at least 10.
- GDMFX are regulated by the Unregulated. GDMFX is subject to strict regulatory oversight from its respective jurisdiction, which holds GDMFX (the broker) accountable for misconduct. This regulatory framework helps ensure that GDMFX operates fairly and transparently and provides GDMFX customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and GDMFX.
- GDMFX have regulation from reputable regulators.
- One of the advantages of using GDMFX is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from GDMFX are particularly important as GDMFX traders want to receive their money quickly. With the efficient GDMFX payment processing system, traders can enjoy faster access to their GDMFX funds.
- GDMFX have an international presence in multiple countries. Including local GDMFX seminars and training.
- GDMFX can hire people from various locations in the world who can better communicate in your local language.
GDMFX Risk Disclosure
Losses can exceed deposits
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
GDMFX not quite right?
If after reading this GDMFX review, GDMFX does not fulfill your needs check out these GDMFX Alternatives.
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We have spent years researching the best alternatives to GDMFX. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective GDMFX alternatives available today. If you are unsatisfied with GDMFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated GDMFX alternatives. Follow the links below to learn more about these GDMFX broker alternatives and choose the one that best suits your trading needs.
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Throughout our comprehensive GDMFX review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing GDMFX against other popular brokers in the industry, check out our GDMFX Vs pages. Our team has compiled a series of detailed GDMFX comparison articles, pitting the GDMFX platform against some of the best-rated GDMFX competitors in the market. Dive into our informative GDMFX Vs pages below to find out how GDMFX stacks up against other leading brokers.
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GDMFX review
GDMFX Frequently Asked Questions
Read our detailed GDMFX FAQ Section updated for 2023.
Can I try GDMFX?
GDMFX do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do GDMFX accept?
Please note that the list of payment methods below depends on the GDMFX Entity and the client's Country of Residence.
GDMFX offer the following funding payment methods Credit cards, Bank transfer, Neteller, PerfectMoney, WebMoney, POLi, UnionPay, SOFORT, Giropay, EPS, DebitCard, among other payment methods.
Learn more here
Is GDMFX safe?
GDMFX have over 10,000 users. While GDMFX may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to GDMFX accounts by traders are held in a segregated bank account. For added security,GDMFX use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with GDMFX is risky, and because the market is so volatile, losses could happen at any time.
Losses can exceed deposits
Is GDMFX trading good?
GDMFX is considered good and reputable to trade with GDMFX. GDMFX is used by over 10,000 traders and GDMFX users. GDMFX offers Forex trading. Minimum deposit with GDMFX is 100.
Is GDMFX trading Legit?
GDMFX was founded in Anguilla in 2012. GDMFX has been facilitating trade on the financial markets for over 11 years. GDMFX offers clients Forex trading. All funds deposited to GDMFX are held in segregated bank accounts for security. GDMFX is not regulated. Although this doesn't mean GDMFX are awful, we recommend trading with regulated brokers.
Is GDMFX a good broker?
GDMFX allows Forex trading. GDMFX is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is GDMFX trustworthy broker?
Despite any potential benefits associated with GDMFX, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like GDMFX, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for GDMFX?
The minimum deposit to trade with GDMFX is 100.
How long do GDMFX withdrawals take?
Withdrawing money from GDMFX processing time varies depending on the method but averages 1-5 days.
Is GDMFX regulated?
GDMFX is not regulated by a top tier financial regulator.
Is GDMFX a market maker?
GDMFX is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by GDMFX even if no buyer or seller is lined up.
How can I start trading with GDMFX?
When opening a trading account with GDMFX, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on GDMFX trading platforms, you can follow the link provided below: Learn more about signing up with the GDMFX trading platform here. This will provide useful information and insights into the various trading platforms offered by GDMFX, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with GDMFX?
Yes your money is safe with GDMFX.
Overall, strict financial regulation is essential for ensuring that trading platforms like GDMFX operate fairly, transparently, and responsibly, which ultimately benefits all GDMFX stakeholders involved.
Trading platforms like GDMFX must have strict financial regulation for several reasons:
- Protecting GDMFX Investors: Strict financial regulation ensures that investors who use the GDMFX trading platform are protected against fraudulent or unethical behavior by the GDMFX platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the GDMFX platform.
- Maintaining GDMFX Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the GDMFX trading platform. Regulatory procedures reduce the likelihood of the GDMFX platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing GDMFX Transparency: Regulations require trading platforms like GDMFX to maintain detailed records and disclose GDMFX client information. Financial regulatory requirements enhances transparency and helps to build trust between the GDMFX platform and its investors.
GDMFX is regulated by the Unregulated. When selecting a broker such as GDMFX, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, GDMFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like GDMFX.
Is GDMFX a con?
While we would not say that GDMFX is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with GDMFX?
Although traders have had great success with GDMFX, trading on the financial markets with GDMFX is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does GDMFX have fees?
GDMFX withdrawal fees vary on payment method.GDMFX doesn't charge inactivity fees. GDMFX doesn't charge deposit fees.
When was GDMFX founded?
GDMFX was founded in 2012.
How many people use GDMFX?
GDMFX is used by over 10,000 registered GDMFX users.
What is GDMFX Headquarters country?
GDMFX has its head quarters office in Anguilla .
Does GDMFX offer negative balance protection?
GDMFX does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does GDMFX offer guaranteed stop loss?
GDMFX does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does GDMFX allow scalping?
GDMFX offers scalping.
Does GDMFX allow hedging?
GDMFX offers hedging.
Does GDMFX offer CFD trading?
GDMFX does not offer CFD trading.
Does GDMFX offer STP?
GDMFX offers STP trading.
How many people use GDMFX?
GDMFX is used by over 10000 GDMFX users and traders.
Is GDMFX an ECN broker?
GDMFX offers ECN trading.
Does GDMFX offer a demo account?
GDMFX does not offer demo account.
Does GDMFX offer an Islamic account?
GDMFX offers an Islamic account.
What are the funding methods for GDMFX?
Please note that funding methods and options available with GDMFX can be found in the GDMFX Members area and depend on the GDMFX client’s country of residence. Please check your specific available payment methods on the GDMFX website. GDMFX accept the following funding methods : Credit cards, Bank transfer, Neteller, PerfectMoney, WebMoney, POLi, UnionPay, SOFORT, Giropay, EPS, DebitCard.