Global Markets Group Forex Broker

Global Markets Group is a broker which offers a variety of trading assets, including Forex, CFD shares, Commodities, Indices, Crypto CFDs and Metals with leverage up to 1:100 and spread from 0 pips on MT5 and web-based trading platform.Global Markets Group Review SummaryFounded2015Registered Country/RegionUnited KingdomRegulationFCA (Suspicious Clone)Market InstrumentsForex, CFD shares, Commodities, Indices, Crypto CFDs, MetalsDemo Account✔LeverageUp to 1:100SpreadFrom 0.0 pipsTrading PlatformMT5Min Deposit$200Customer SupportTel: 442038653306Email: info@gmgmarkets.co.ukGlobal Markets Group Information Global Markets Group is a broker which offers a variety of trading assets, including Forex, CFD shares, Commodities, Indices, Crypto CFDs and Metals with leverage up to 1:100 and spread from 0 pips on MT5 and web-based trading platform. The minimum deposit requirement is $200.Pros and ConsPros Cons Various trading productsFCA (Suspicious Clone)Spreads from 0 pipsMT5 platform availableIs Global Markets Group Legit? No. Global Markets Group has no regulations currently. Please be aware of the risk!Regulatory Status Suspicious CloneRegulated by Financial Conduct Authority (FCA)Licensed Institution Global Markets Group LimitedLicensed TypeStraight Through Processing (STP)Licensed Number744501What Can I Trade on Global Markets Group? Global Markets Group lets traders diversify their portfolios across several markets by providing a range of trading assets like Forex, Indices, and Commodities.Tradable Instruments Supported Forex✔CFD shares✔Commodities✔Indices ✔Crypto CFDs✔Metals ✔ETFs❌Bonds❌Stocks❌Account Type/Fees Global Markets Group offers four account types, which are Standard account, Raw Spread account, SpreadBet Account and Elective Pro Account. But there are limited fees information about SpreadBet Account and Elective Pro Account.Account TypeStandardRaw SpreadMin Deposit$200$200Commission$0 per lot per side$3.5 per lot per sideSpreadFrom 1 pips0 pipsLeverage The maximum level offered by Global Markets Group is up to 1:100. Forex traders must understand how to control leverage and use risk management techniques to reduce forex losses.Trading Platform When it comes to trading platforms available, Global Markets Group gives traders Meta Trader 5.Trading PlatformSupported Available Devices Suitable forMT4❌Desktop, Android, iOSBeginnersMT5✔Desktop, Android, iOSExperienced tradersDeposit and Withdrawal Global Markets Group offers some deposit options via wire transfer in 1 of 3 supported base currencies (EUR/GBP/USD), But Global Markets Group does not accept third party deposits or withdrawl requests. Withdrawals are processed within 24 hours and the funds will almost instantly reach your sterling bank account if domiciled in the UK, via Faster Payments method; international transfers may take about 2-5 business days, depending on the procedures followed by your bank If the fund transaction is executed through intermediary banks, you may incur additional fees. Please note that you will be liable for any fees charges by the banks for the transactions.