Search

Global Markets Group Forex Broker keeps up-to-date with the latest trading account information, including Elective PRO, Raw Spread , Standard, SpreadBet maximum leverage of 1:100, trading varieties, and more

Rating Index

Pros

Wide range of trading instruments, including forex, indices, and commodities.
Regulated by the FCA, providing a level of security and trust for clients.
Low minimum deposit requirement of $200 for the standard account.

Cons

Fluctuating trading costs due to variable spreads.
Website accessibility issues, raising concerns about service availability.
Multiple complaints from users regarding withdrawal processes and customer support.

Global Markets Group broker Accounts

Elective PRO

Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
--
Minimum Spread
--
Depositing Method
(3+) MASTER VISA
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Raw Spread

Environment
--
Currency
--
Maximum Leverage
1:30
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0.0
Depositing Method
(3+) MASTER VISA
Withdrawal Method
--
Minimum position
0.01
Commission
$3.5 per lot per side
Products
71 currency pairs plus 11 major equity index CFD's

Standard

Environment
--
Currency
--
Maximum Leverage
1:30
SupportedEA
Minimum Deposit
--
Minimum Spread
from 1.0
Depositing Method
(3+) VISA MASTER
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
71 currency pairs, 6 Commodities CFD's including metals, plus 11 major index CFD's

SpreadBet

Environment
--
Currency
--
Maximum Leverage
1:30
SupportedEA
Minimum Deposit
--
Minimum Spread
--
Depositing Method
(3+) MASTER VISA
Withdrawal Method
--
Minimum position
--
Commission
--
Products
71 currency pairs, 6 Commodities CFD's including metals, plus 11 major index CFD's

Global Markets Group Account Type

Global Markets Group offers two primary account types designed to cater to different trading needs:

  • Popular Account:
    • Minimum Deposit: $200
    • Leverage: Up to 1:30
    • Spread: Starting from 0.0 pips
    • Commission: $3.5 per lot (round turn)
    • Suitable For: Traders using Expert Advisors (EAs) and scalping strategies.
    • Raw Spread Account:
      • Minimum Deposit: $200
      • Leverage: Up to 1:30
      • Spread: Starting from 0.6 pips
      • Commission: No commission fees.
      • Suitable For: Discretionary traders who prefer fee-free trading.

      Both account types provide access to a wide range of trading instruments, including forex, commodities, and indices, and operate on the MetaTrader 5 platform.

      Global Markets Group Broker Account Opening Process

      To open an account with Global Markets Group, follow these steps:

      • Visit the Website: Go to the official Global Markets Group website.
      • Select Account Type: Choose between the Popular Account or Raw Spread Account based on your trading preferences.
      • Fill in Personal Information: Complete the registration form with your personal details, including full name, email address, phone number, date of birth, and residential address.
      • Complete KYC Verification: Submit identification documents for verification, such as a government-issued ID and proof of address.
      • Fund Your Account: After successful registration and verification, deposit funds into your trading account using available payment methods.
      • Access Trading Platform: Once your account is funded, log in to the MetaTrader 5 trading platform to start trading.
      • For more detailed information, visit Forex Penguin and Myfxbook.

Global Markets Group accounts can be viewed for products that can be traded -- accounts with a minimum deposit of -- by (2+) (3+) MASTER VISA.
Global Markets Group Account