About GMI Markets
Founded in 2009, Global Market index provides global services from multiple financial centres, including London and Shanghai. UK entity GMIUK gets UK Financial Conduct Authority (FCA)
license, GMIVN is authorized by VFCS
GMI Pros and Cons
GMI is a reliable broker with good quality trading proposal including Institutions and Money managers. There is great selection between trading platform, MT5 bridges, technology and tool available at GMI. There are various options to deposit or withdraw funds.
On the negative side there is no 24/7 support, and education is rather basic.
Is GMI safe or a scam
GMI is not a scam, but a regulated broker with top-tier authorization from FCA.
GMI Group of companies includes the firms and entities that are registered in several jurisdictions while using the shortcut-trading name of Global Market Index Limited. GMIUK is a trading name of the Global Market Index that is based in London and authorized by the Financial Conduct Authority.
Other brands including GMINZ a trading name of the company registered in New Zealand, the GMIVN is a company registered in Vanuatu, and the GMI Limited is registered in Hong Kong.
GMI license
While the broker is regulated by one of the most reputable world authority UK’s FCA, the traders can keep peace in mind, knowing the broker is fully compliant in regards to the operations and how it manages traders. Furthermore, the client’s funds are secured at all times, kept in leading Banks segregated accounts and protected by the compensation schemes in case of insolvency.
Conclusion
Overall the Global Market Index or GMI Review concludes well regulated firm, which serves offices in the world leading financial centers and offering transparent conditions through the technological connectivity. Yet, there are some Cons which are first of all lack of information on the website, no educational support along with a quite high deposit to start, which is 2,000$. However, what is pleasant at GMI very widely diverse platforms offering, which brings numerous solution to almost any demanding trader, beginner or the experienced one, institutional or retail.