GMOTrading - Forex Broker information, rating, reviews

GMOTradingGMOTrading website
Status
Regulation CySec
Trading software MetaTrader4, WebTrader
Headquartered Nicosia, Cyprus

GMOTrading is a global online broker that puts at its clients’ disposal  multiple trading instruments that comprise forex, CFDs stock indexes, such as as FTSE Futures and DAX Futures, and commodities such as oil. GMOTrading caters to a wide array of clients worldwide and is 24/5 customer service-available.

With GMOTrading, clients enjoy unlimited access to global financial markets through web-based platforms and downloadable software, anytime, anywhere. Its efficient order execution with zero dealing desk intervention and high level of liquidity give clients the best trading experience on the web.

GMOTrading, offered via the domain “www.gmotrading.com”, is an online brand name of Royal Forex Ltd. Royal Forex is a major Cyprus Investment Firms (CIF) authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 269/15.


GMOTrading offers the following trading platforms:

  • WebTrader

WebTrader offers unlimited web-based trading across various devices without no need for further downloads. Traders enjoy analysis, news, graphic interpretations, real time monitoring and full control of assets at the comfort of a browser window.

  • MetaTrader4

The most popular trading software capable of performing precise analysis of financial markets and trading operations through an easy-to-use interface.

  • Mobile App

The multifunctional features of GMOTrading’s mobile trading app and its user-friendly interface let traders run their accounts, initiate new transactions and monitor their investments anywhere any time.

GMOTrading provides demo accounts to let novice investors familiarize themselves with platforms and skilled traders to test the efficiency of their strategies in a risk-free environment. No fees will be charged for 14 days.

Trading Costs


GMOTrading does not charge commission fee on opening and closing positions on MT4, WebTrader and the mobile app

Advanced Trading Tools  


GMOTrading’s tools cater to all devices and are designed to provide an unlimited market access to all clients in real time. The trading app can be installed on Android and iOS-powered devices, Apple Watch and Apple TV as well as Google Chrome, Safari, Mozilla Firefox and Opera browsers.

Clients are also privileged to access plenty of trading instruments and advanced calculators to maximize trading potential.

GMOTrading Vault / GMOTrading Wallet


GMOTrading grants all clients their personal GMOTrading Vault/GMOTrading Wallet upon opening an account, cost-free.

The Vault/Wallet is an initial personal money and risk management instrument that lets clients download and upload funds easily. It makes traders’ funds available for trading anytime, without compromising security of finances.

Education


GMOTrading provides all educational materials a client might need in trading, whether he is a beginner or pro. On the website’s education section, videos, ebooks, tutorials, calendars, articles and courses are readily available.


Advantages

  • Wide array of assets including Forex, CFDs, stocks & indices and commodities
  • Optimized trading through advanced trading tools, calculators and dynamic platforms
  • Complete educational materials
  • Accessibility of various deposit and withdrawal options
  • Reliable team of customer support
  • Competitive pricing, high liquidity level and tight spreads
  • Negative balance protection

Reliability


GMOTrading aims at serving clients with premium and world-class products and services, catering to trading concerns 24/5 with its excellent customer support service accessible through email, website, live chat or phone.

With high integrity and full transparency, GMOTrading strives to provide its clients with the best trading experience possible.


80% of investors lose money when trading CFDs with GMOTrading

GMOTrading trading information

WWW https://www.gmotrading.com/
Address Nicosia, Cyprus
Headquarters Nicosia, Cyprus
Free phone +357 22007575
24 hour support
Partnership programs
Mobile trading
Demo account
Swaps
24 hour trading
Digits after the dot in quotes
Minimum position size 0.01
Spread Type variable
Pip spread on majors
Leverage 500
ECN, $
Standard account, $ 250
Mini account, $
Popular payment methods Credit card, Bank wire transfer, Skrill, Webmoney, Neteller
Account currencies USD, EUR, GBP
Other instruments
Languages English, Italian, Russian, Polish, German, Spanish
Platforms MetaTrader4, WebTrader
Broker type STP
Regulation CySec
Foundation 2017
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Current Rating: 62 %, 38 %


Traders Rating:


GMOTrading latest reviews

In GMOTrading, the quotes correspond to the market, I checked, the execution is also appropriate. I used to have fears and a kind of prejudice towards the forex market. But my caution subsided a bit when I started trading on a demo account. I haven't seen any problems with this broker all the time, but I trade in the middle term from a week to a month and hold a position. Then either I withdraw the profit or again I open new orders. I use the services of this broker, because of high-quality execution of orders and good analytics.

Archie   4 June, 2019  

Like most brokers, they have strong and weak sides. Is it really impossible to collect all the best from all brokers and join everything in one? I do not understand. For example, a minimum deposit of 250 dollars. Not everyone is ready to lay out such a sum at once. And with a smaller deposit it is difficult to trade, because the market conditions are far from comfortable. On the other hand, they offer very good daily analytics. Among other things, also one of the fastest trading terminal I've ever seen. In general, you can trade, they don't hamper. It is necessary to start with a fairly large deposit and you'd better already have some experience in forex trading.

George   23 May, 2019  
  


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