GMGroup -Some important Details about This Broker

GMGroup | 2024-11-12 18:40

Abstract：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.

GMGroupReview Summary
Founded	2023-11-09
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments	Currencies/Commodities/Stocks/Indices
Demo Account	Not mentioned
Leverage	Up to 1:500
Spread	Not mentioned
Trading Platform	GMGroup(Web)
Min Deposit	Not mentioned
Customer Support	Not mentioned

GMGroup 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 Cons

Pros	Cons
Leverage up to 1:500	Unregulated
24/5 customer support	Unspecific account information
Various tradable instruments	Inaccessible office support
	No contact information

Is 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 Platform	Supported	Available Devices
GMGroup	✔	Web

Deposit 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.

Broker Dealer

Related broker

Website：https://gmgroup.pro

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.44

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