GMGroup Forex Broker

GMGroupReview SummaryFounded2023-11-09Registered Country/RegionUnited StatesRegulationUnregulatedMarket InstrumentsCurrencies/Commodities/Stocks/IndicesDemo AccountNot mentionedLeverageUp to 1:500SpreadNot mentionedTrading PlatformGMGroup(Web)Min DepositNot mentionedCustomer SupportNot mentionedGMGroup Information GMGroup is a broker. The tradable instruments with a maximum leverage of 1:500 include currencies, commodities, stocks, and indices. GMGroup is risky due to its unregulated status, high leverage, and inaccessible office information.Pros and ConsPros Cons Leverage up to 1:500Unregulated24/5 customer supportUnspecific account informationVarious tradable instrumentsInaccessible office supportNo contact informationIs GMGroup Legit? GMGroup is not regulated, which makes it less safe than regulated brokers.What Can I Trade on GMGroup? Traders can choose different investment directions because the broker provides currencies, commodities, stocks, and indices.Tradable Instruments Supported Currencies✔Commodities✔Stocks✔Indices✔Precious Metals❌Shares❌ETFs❌Bonds❌Mutual Funds❌GMGroup Fees GMGroup claims its commission is low.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform GMGroup provides a built-in web-based trading platform instead of an authoritative MT4/MT5.Trading PlatformSupported Available Devices GMGroup✔WebDeposit and Withdrawal The minimum deposit is unspecific. Deposit and withdrawal methods include MasterCard, wire transfer, bitcoin, VISA, etc.Customer Support Options GMGroup provides 24/5 customer support.