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GMOTrading is a regulated broker established in 2017 who offers a great range of assets and hundreds of financial instruments such as Forex and CFDs. It also offers the popular MT4 trading platform and the user-friendly Webtrader platform too. GMOTrading is owned and operated by Royal Forex Ltd, a financial investment firm registered in the Republic of Cyprus at Prodromou and Demetracopoulou 2, 4thfloor, 1090 Nicosia. Moreover, the company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 269/15. Read on to find out all about this promising broker.
Account Features
GMOTrading Silver Account Features
- Minimum initial deposit disclosed on enquiry
- Withdrawal process up to 1 business day
- Support from 10 am to 10 pm GMT
- Hedging allowed
- Islamic account on request
- Trading to the fifth decimal
- FX leverage up to 1:200
- Leverage on metals, indices and commodities up to 1:50
- Leverage on stocks and equities up to 1:20
- Spread on EUR/USD from 2.2 pips
GMOTrading Gold Account Features
- Minimum initial deposit disclosed on enquiry
- Dedicated account manager
- 25% discount on swaps
- Islamic account on request
- Webinars and videos
- Withdrawals processed within 1 business day
- Support from 10 am to 10 pm GMT
- Hedging allowed
- Trading to the fifth decimal
- Leverage on FX up to 1:400
- Leverage on metals, indices and commodities up to 1:100
- Leverage on stocks and equities up to 1:40
- Spread on EUR/USD from 1.3 pips
GMOTrading Platinum Account Features
- Minimum initial deposit disclosed on enquiry
- Dedicated account manager
- Free VPS
- News alert
- Webinars and videos
- Islamic account on request
- Withdrawals processed within one business day
- Hedging allowed
- Trading to the fifth decimal
- 50% discount on swaps
- Maximum leverage on FX 1:500
- Leverage on metals, indices and commodities up to 1:125
- Leverage on stocks and equities up to 1:50
- Spread on EUR/USD from 0.7 pips
Trading Software & Assets
As already expressed, the most reliable and powerful trading platform in the industry is offered by GMOTrading. MetaTrader4 or MT4 as otherwise known is the go-to trading platform for professionals. On the other hand, novices would appreciate the user-friendly Webtrader platform too. At the time of this review, traders have access to more than 45 currency pairs and 17 global indices on all the trading platforms.
GMOTrading MT4 Desktop Platform
- Most popular Forex trading platform in the world
- Must be downloaded and installed on desktop
- Uses few resources on a desktop, hence minimum disruption
- Suitable for beginners and advanced traders
- Stable, secure, multi-lingual trading platform
- User-friendly, customisable interface
- Easy order entry and fast trade execution
- Risk-free demo account
- Inbuilt customer support
- 50 Charting and technical analysis tools
- 9-time frames
- Facilitates automated trading with Expert advisors
- Provides trading signals for copy traders
- Traders can earn rewards by providing trading signals to copy traders
- Provides signals for personalised trading strategies
GMOTrading WebTrader Features
- Browser based platform with no software download
- Accessible from any internet connected device instantly
- One click trading
- Rapid trade execution
- Quick trading with trading cubes showing prices, assets and lot size
- 14-day demo account in risk-free trading environment
- Visual trends in financial market movements
- Live analysis and charts
- View all open and closed trades simultaneously
GMOTrading Mobile App Features
- Native mobile trading app for iOS and Android devices
- Free download from Google Play and Apple App Store
- 24/5 trading in financial markets
- Multi-functional features
- User-friendly interface
- Supports all order types and execution modes
- Tracks micro and macro-financial trends
- Real time market news and analysis sent to mobile devices
Support Information
Customer support is available via email, phone and live chat. Traders can even request a call back from a representative. New traders have free access to educational material such as eBooks and videos provided by GMOTrading. Phone numbers available in CY +357 22007575 and UK +44 2039364444. Email address: [email protected]. For those who wish to visit they can do so but please inform the company in advance. The address is: Prodromou & Demetracopoulou 2, 4th floor, 1090, Nicosia, Cyprus.Most major credit and debit cards are accepted by GMOTrading. Visa, Mastercard and maestro are all accepted. Bank transfers too but please note that they take a bit longer to process. Fees may be applicable for withdrawals in some cases so please make sure you read the terms and conditions before requesting a withdrawal. In addition, a valid copy of your ID or passport will be required along with a recent utility bill for verification purposes.
Banking & Company Information
Most major credit and debit cards are accepted by GMOTrading. Visa, Mastercard and Maestro are all accepted. Bank transfers too but please note that they take a bit longer to process. Fees may be applicable for withdrawals in some cases so please make sure you read the terms and conditions before requesting a withdrawal. In addition, a valid copy of your ID or passport will be required along with a recent utility bill for verification purposes.