Robert J. Williams
Reviewed by:
Sikirty Chatterjee
USP: Regulated by Mauritius FSC | 1M+ Traders Served | Tight Spreads from 0.0 | High Leverage up to 1:2000
GMI Markets (Global Market Index) is an international Forex/CFD broker founded in 2009. It operates as a multinational company (St. Lucia IBC, Mauritius) and is licensed by the Mauritius Financial Services Commission (FSC). With over 1 million traders worldwide, GMI claims one of the industry’s lowest costs and 99.999% platform uptime. Its award-winning technology (MT4/MT5 and the proprietary GMI Edge app) and social trading tools have made it a major player in global online trading.
🏦 Headquarters: Gros-Islet, Saint Lucia (IBC registration); main regulated office in Ebène, Mauritius
📅 Founded: 2009
📜 Regulation: Mauritius FSC (License No. C118023454)
🏦 Supported Countries: Global presence (30+ countries served); Not available to USA/EU residents
💻 Platforms: GMI Edge (web & mobile), MetaTrader 4, MetaTrader 5, MAM (Multi-Account Manager)
💵 Min Deposit: From $15 (Cent Account) up to $100 (ECN Account)
GMI Markets started in 2009 and has grown rapidly to serve over 1 million registered accounts across more than 30 countries. It emphasizes innovative, technology-driven trading environments: it operates seven global data centers, partners with top banks for segregated client funds, and advertises “ultra-low-cost” trading with high uptime. GMI’s mission is to empower traders of all levels with advanced platforms (MT4/MT5/GMI Edge), high leverage and social copy trading, while maintaining fund safety (held in segregated accounts with Tier-1 banks). Despite being offshore-regulated (Mauritius FSC Tier-2 regulation), it positions itself as an award-winning, reliable global broker, continually adding features like 0.0-pip spreads and 24/5 multilingual support.
GMI Market’s main license is from the Mauritius Financial Services Commission (FSC), a Tier-2 offshore regulator. This regulation implies basic client protection standards (mandatory audits, segregated funds, AML controls) but lacks the prestige of Tier-1 (UK, Australia) or strong investor schemes. Traders should note that being offshore-regulated means limited legal recourse and no government-backed compensation fund. That said, GMI emphasizes fund safety by holding client deposits in major banks and operating under international financial standards.
(GMI also lists corporate registrations in Saint Lucia and St. Vincent & Grenadines, but these are company registrations rather than financial licenses.)
✅ Instruments: GMI offers forex majors/minors, commodities (gold, oil, silver), global indices, energy, and stock CFDs – over 70 instruments.
✅ Spreads: From 0.0 pips on ECN accounts. Standard and Bonus accounts feature “tight spreads” (often from 0.0 on majors) with no added commission. Cent accounts have slightly wider spreads (around 1.0 pip) but no commission.
✅ Commission: ECN accounts charge $4 per standard lot per side. Standard and Cent accounts have no commission (built into their spreads).
✅ Leverage: Up to 1:2000 on Standard/Bonus accounts, 1:1000 on Cent, and 1:500 on ECN accounts. (Maximum leverage may vary by instrument and region.)
All of these conditions are available with single withdrawal and global trading accounts; all offered accounts are swap-free (Islamic) by default.
GMI Market offers highly competitive trading conditions tailored to both retail and institutional traders. The broker provides access to a wide range of instruments including forex pairs, indices, commodities, and cryptocurrencies. Spreads start as low as 0.0 pips on ECN accounts, making it an attractive choice for scalpers and high-volume traders. Standard accounts feature slightly wider spreads but are commission-free, while ECN and Cent accounts include transparent commissions starting from $4 per round turn.
Leverage is flexible, with options reaching up to 1:2000, although the exact leverage available may vary depending on your jurisdiction and account type. This high leverage allows for larger position sizing with smaller capital outlay, which can appeal to aggressive trading strategies. GMI Market also emphasizes fast execution and deep liquidity sourced from top-tier providers, which helps reduce slippage during high volatility.
Overall, GMI’s pricing model is designed to accommodate various trading styles—whether you’re a beginner seeking simplicity or a pro trader demanding raw spreads and tight execution.
| Account Types | Min Deposit | Spread | Commission | Platforms |
|---|---|---|---|---|
| ECN Account | $100 | From 0.0 pips | $4.00 per lot | MT4, MT5, GMI Edge |
| Cent Account | $15 | From 1.0 pip | None | MT4, MT5, GMI Edge |
| Standard Account | $25 | From 0.0 pips | None | MT4, MT5, GMI Edge |
| Standard Bonus | $25 | From 0.0 pips | None | MT4, MT5, GMI Edge |
Features of each account: The ECN Account provides institutional pricing with spreads often at 0.0 and charges $4 per lot. The Cent Account (from $15) uses micro-lot pricing with no commission, ideal for beginners or EA testing. Standard/Standard Bonus accounts (from $25) offer tight spreads with zero commission. All accounts allow leverage customization and are swap-free.
Trading with GMI is straightforward: the sign-up process is online and typically quick, leveraging GMI’s user-friendly Edge platform for account management. Beginners benefit from the free demo and educational resources, while advanced users can immediately start trading on MT4/MT5 with competitive spreads and high leverage. The all-in-one Edge app simplifies depositing and trading on the go.
GMI offers multiple support options:
Support is available 24/5 (Monday–Friday), across multiple languages. The company advertises “24/5 multi-lingual customer support”. There is no weekend coverage explicitly mentioned.
GMI emphasizes multilingual support (English, Chinese, Malay, Thai, Arabic, etc.) on its site and offers dedicated account managers for introducing brokers. No official response-time metrics are given, but promotional material notes one-click social trading support and IB managers available around the clock.
“Ideal for experienced traders and institutional clients looking for deep liquidity, advanced platforms, and regulated multi-asset trading.”
Avoid If: You require Tier-1 regulation (e.g. FCA/ASIC) or are a US/EU resident – GMI is unlicensed in those regions. Also avoid if you need fixed spreads or specific local deposit options (no PayPal, limited crypto).
Bottom Line: GMI Market offers aggressive trading conditions (tight spreads from 0.0, up to 1:2000 leverage) and a full suite of platforms (MT4/5 and proprietary Edge). It stands out with a robust social trading network and very low barriers to entry (demo and cent accounts). However, it operates under Mauritius regulation, so traders concerned with top-tier oversight or investment compensation may prefer other brokers. Overall, GMI is recommended for experienced global traders who value low costs, a feature-rich trading ecosystem, and flexible account types, assuming they are comfortable with its offshore regulation.
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