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Pros

Some users report easy deposit processes.
The trading platform may offer a variety of trading instruments.
Customer service is available via email and phone.

Cons

GSM is unregulated, raising concerns about the safety of funds.
Numerous complaints indicate difficulties with withdrawals and account access.
The broker has been flagged as potentially fraudulent, with many negative reviews from users.

GSM broker Accounts

GSM Account Type

GSM (Global Signal Markets) offers three types of trading accounts designed to cater to different trading needs:

  • Classic Account
    • Minimum Deposit: $100
    • Spreads: From 1.6 pips
    • Max Leverage: 1:200
    • Commission: None
    • Suitable For: All types of traders.
    • Pro Account
      • Minimum Deposit: $100
      • Spreads: From 0.0 pips
      • Max Leverage: 1:200
      • Commission: $2 per side for every $100,000 traded
      • Suitable For: More experienced traders.
      • VIP Account
        • Minimum Deposit: $5,000
        • Spreads: From 0.0 pips
        • Max Leverage: 1:200
        • Commission: $1 per side for every $100,000 traded
        • Suitable For: Institutional clients or traders with higher budgets.

        All accounts offer a swap-free Islamic account option.

        GSM Broker Account Opening Process

        To open a broker account with GSM, follow these steps:

        • Visit the Official Website: Currently, the official website is not functional, but normally, you would begin the process there.

        • Provide Personal Information: Fill out the registration form with your personal details, including your legal name, current address, and contact information.

        • Submit Identification Documents: You may need to upload valid identification such as a passport or drivers license to verify your identity.

        • Choose an Account Type: Select the type of account (Classic, Pro, or VIP) that best suits your trading needs.

        • Fund Your Account: After your account is approved, deposit the minimum required amount to activate your trading account.

        • Start Trading: Once your account is funded, you can begin trading on the GSM platform.

        • Please note that GSM is reported to be unregulated, and it is crucial to conduct thorough research before opening an account.

GSM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
GSM Account