Gpm Broker, officially known as GPM Sociedad de Valores, S.A., was established in 2021. The broker is headquartered in Madrid, Spain, with additional offices located in major Spanish cities such as Barcelona. Gpm Broker operates as a private entity and primarily serves retail and institutional clients seeking access to diverse financial markets.
Gpm Broker has a significant history, having evolved from a traditional brokerage firm into a modern investment service provider. The company has developed a reputation for offering proprietary investment services and active trading through third-party platforms, including Trader Workstation (TWS) by Interactive Brokers, SaxoTraderGO by Saxo Bank, and eTrading by Swissquote. This evolution marks a milestone in Gpm Broker's commitment to providing comprehensive trading solutions and asset management services.
As an introducing broker for several internationally regulated firms, Gpm Broker operates within a framework designed to cater to both individual and institutional investors. The business model focuses on retail forex trading, asset management, and providing access to various financial instruments, thus ensuring a broad service offering for its clients.
Gpm Broker is regulated by the Comisión Nacional del Mercado de Valores (CNMV), the Spanish National Securities Market Commission. The CNMV provides oversight to ensure that brokerage firms adhere to stringent financial regulations, thus safeguarding investor interests. The regulatory license number for Gpm Broker is not explicitly stated in the available resources, but it operates under the supervision of CNMV, which is recognized as a tier-1 regulator.
The broker's regulatory framework emphasizes investor protection through the segregation of client funds, ensuring that clients' assets are held separately from the broker's operational funds. Gpm Broker also participates in the Fondo General de Garantía de Inversiones (FOGAIN), which offers compensation to retail investors in the event of broker insolvency, up to €100,000.
To comply with international standards, Gpm Broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols are designed to verify the identity of clients and monitor transactions to prevent illicit activities, thereby ensuring a secure trading environment.
Gpm Broker offers a wide array of trading products, including over 100,000 assets across various categories. These include major currency pairs in forex trading, indices, commodities, stocks, exchange-traded funds (ETFs), and contracts for difference (CFDs). The broker provides access to a diverse range of financial markets, allowing clients to trade instruments such as futures and options.
In terms of forex trading, Gpm Broker supports numerous currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY. The broker's CFD offerings encompass a variety of asset classes, including indices like the S&P 500, commodities such as gold and oil, and a selection of cryptocurrencies.
Gpm Broker frequently updates its product offerings to align with market trends and client demand. The broker is committed to expanding its product range, aiming to introduce new financial instruments that enhance trading opportunities for its clients. Furthermore, the broker provides tailored services to institutional clients, including white-label solutions and asset management services, catering to a diverse clientele.
Gpm Broker provides access to several advanced trading platforms, including the proprietary Gpm Online platform, TWS by Interactive Brokers, SaxoTraderGO by Saxo Bank, and eTrading by Swissquote. These platforms are designed to accommodate both retail and institutional trading needs, offering a user-friendly interface and advanced trading tools.
While Gpm Broker does not support MetaTrader 4 or 5, its proprietary platform offers robust features such as real-time market data, advanced charting tools, and various order types. The platforms are accessible via web browsers and mobile applications, ensuring traders can manage their accounts and execute trades from anywhere.
The broker employs a market execution model, facilitating fast order execution and competitive spreads. Gpm Broker's technology infrastructure is backed by reliable server locations, ensuring low latency and high availability for traders. Additionally, the broker offers API access for automated trading solutions, catering to algorithmic traders looking to implement their strategies seamlessly.
Gpm Broker offers several account types to cater to various trading preferences and strategies. The primary account types include:
The minimum deposit requirement for opening an account with Gpm Broker is just $1, making it accessible for traders with varying capital levels. The broker offers leverage of up to 1:200 for professional clients and 1:40 for retail clients, allowing traders to amplify their trading positions.
Gpm Broker features a competitive fee structure, with spreads starting from 0.2 pips for major currency pairs. However, clients should be aware of additional intermediary fees for trading on partner platforms. The broker does not impose inactivity fees, providing flexibility for traders who may not trade frequently.
Gpm Broker supports various deposit methods, including bank transfers and credit cards. The minimum deposit requirement varies by account type, with options available for traders looking to start with minimal capital. Deposits are typically processed quickly, although the exact processing times may vary.
The broker does not charge deposit fees, making it cost-effective for clients to fund their accounts. However, clients should be aware of potential withdrawal limits and processing times, which may vary depending on the method used. Gpm Broker aims to facilitate a smooth withdrawal process, ensuring that clients can access their funds efficiently.
Withdrawal requests are processed through the same method used for deposits, and the broker strives to ensure timely processing. While Gpm Broker does not impose withdrawal fees, clients should verify any potential charges with their chosen withdrawal method.
Gpm Broker offers customer support through multiple channels, including telephone, email, and a feedback form on their website. The support team is available from 9:00 AM to 6:00 PM GMT+1, Monday to Friday, providing assistance to clients during standard business hours. However, the broker does not offer live chat support, which may limit immediate assistance for traders.
The broker supports multiple languages, catering to a diverse clientele. While Gpm Broker does not provide extensive educational resources on its website, it offers a demo account for traders to practice their strategies and familiarize themselves with the trading platforms.
Gpm Broker also provides market analysis services, including daily updates and reports on significant market movements. Traders can benefit from various trading tools, such as calculators and economic calendars, enhancing their trading experience.
Gpm Broker primarily serves clients in Spain and other European countries, providing access to a wide range of financial markets. The broker has established offices in major cities across Spain, ensuring a strong presence in the region.
However, Gpm Broker has specific restrictions on clients from certain countries, which may include jurisdictions with stringent regulatory requirements or those identified as high-risk. It is essential for potential clients to verify their eligibility to open an account with Gpm Broker based on their country of residence.
The broker's regional coverage reflects its commitment to providing tailored services to its clients while adhering to local regulations. Gpm Broker aims to expand its reach, continually assessing market opportunities to better serve its diverse clientele.
In conclusion, Gpm Broker presents a comprehensive trading platform supported by a wide range of financial products and services. While it is regulated by the CNMV, potential clients should conduct thorough research and consider their trading objectives before engaging with this broker.
FX1061194759
United Kingdom
This broker is not trustworthy. They automatically lowered the equity free margin and closed the current running order if we had enough money. The way they run their brokerage is full of mistakes.
37130
2022-11-27
sunrise
Hong Kong
I opened an account in March,2017,with a friend’s recommendation.The customer service was out of contact.The website collapsed in early April.I was defrauded of $13000.The fraudster’s information:mobile phone:13162879319.No one answers.
Exposure
2018-04-16
FX1274401823
Australia
The scam company GPM has been established for more than five years, and now the website has been sold. I think they should have scammed enough money and ran away.
37130
2023-02-24