GMGroup -Some important Details about This Broker
Extrait：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.
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