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Pros

Various trading instruments to trade
Offers multiple account types
Utilizes the popular MetaTrader 5 platform

Cons

Operates without regulatory oversight, potentially exposing traders to risks
Lack of educational resources
Reported difficulties with withdrawals and customer support responsiveness

GTMX broker Accounts

GTMX Account Type

GTMX offers four different types of trading accounts to cater to various trading preferences:

  • Standard Account
    • Minimum Deposit: $100
    • Spread: From 1.5 pips
    • Commission: $0
    • Assets: 500+
    • Islamic Account
      • Minimum Deposit: $100
      • Spread: From 1.5 pips
      • Commission: $0
      • Assets: 500+
      • Note: This account type is designed for Islamic residents and does not incur overnight fees.
      • ECN Account
        • Minimum Deposit: $2,000
        • Spread: From 0.6 pips
        • Commission: $10 per trade
        • Assets: 500+
        • Best suited for experienced traders seeking tighter spreads and lower commissions.
        • Pro Account
          • Minimum Deposit: $5,000
          • Spread: From 0.1 pips
          • Commission: $6 per trade
          • Assets: 500+
          • Designed for professional traders with deep liquidity from tier 1 providers.

          All account types offer leverage of up to 1:500 for forex trading, and up to 1:200 for commodities and indices.

          GTMX Broker Account Opening Process

          To open an account with GTMX, follow these steps:

          • Sign Up
            • Provide your basic information such as your name, email address, and create a secure password.
            • Get Verified
              • Complete the Know Your Customer (KYC) verification process, which typically involves submitting government-issued identification documents and possibly proof of address.
              • Start Trading
                • After verification, deposit funds into your account using one of the supported payment methods and begin trading.

                For more details, visit the GTMX website: gtmx.com and gtmx.com.

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