GMI Review Summary in 10 Points
Founded in	2009
Headquarters	UK
Regulation	FCA
Market Instruments	forex, indices, gold, oil, silver
Demo Account	Available
Social Trading	Yes
Leverage	1:2000
EUR/USD Spread	0.0 pips
Trading Platforms	MT4
Minimum deposit	$15
Customer Support	24/5 email and live chat

What is GMI？

GMI (Global Market Index) is a forex and CFD broker that offers trading services to retail and institutional clients. It was established in 2009 and is headquartered in the United Kingdom with offices in Cyprus and the UAE. The broker is regulated by the Financial Conduct Authority (FCA) in the UK. GMI offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. It also provides the popular MetaTrader4 (MT4) platform.

What Type of Broker is GMI？

GMI (Global Market Index) is a forex and CFD (contract for difference) broker, operating as a No Dealing Desk (NDD) broker with Straight Through Processing (STP) and Electronic Communication Network (ECN) execution models.

Pros & Cons

GMI appears to have a number of strengths, including its low minimum deposit requirement, tight spreads, various account types, social trading solution, and competitive leverage. However, a limited range of trading instruments, educational resources, research and analysis tools may concern some traders.

Pros	Cons
• Regulated by FCA	• Limited range of trading instruments
• Wide range of account types	• Inactivity fee after 90 days of inactivity
• Commission-free trading	• Limited educational resources
• Negative balance protection	• Limited research and analysis tools
• Social trading feature supported

Note: The pros and cons listed above are not exhaustive and may vary based on individual preferences and circumstances.

Overall, potential clients of GMI should conduct their own research and carefully consider the advantages and disadvantages before deciding to trade with this broker.

Is GMI Safe？

GMI is a regulated forex broker, licensed by Financial Conduct Authority (FCA), which provides some level of safety and security for traders. However, it is important to note that regulation does not guarantee the complete safety of funds and trading with any broker carries a level of risk. It is important for traders to do their own research and due diligence before deciding to trade with any broker.

How are you protected？

In the table below, these measures show that GMI takes the safety and security of its clients seriously and works to provide a secure trading environment.

Protection Measures	Description
Regulation	FCA
Client Fund Segregation	GMI holds client funds in separate accounts from its operational funds to ensure that they are protected in case of bankruptcy or insolvency
Negative Balance Protection	Clients can not lose more than their account balance
Security Protocols	Protect clients' personal and financial information, including SSL encryption, two-factor authentication, and firewalls
Investor Compensation Fund	Provides up to £85,000 of compensation to eligible clients in case of GMI's insolvency

Our Conclusion on GMI Reliability:

Based on the information available, GMI is regulated by the Financial Conduct Authority (FCA) in the UK, which oversees the company's compliance with financial regulations and standards. The company also claims to implement safety measures, such as negative balance protection and the use of segregated client accounts, to ensure the safety of its clients' funds.

As with any financial services provider, there is always a level of risk involved, and it is essential to do your due diligence and conduct thorough research before choosing a broker.

Market Instruments

GMI offers a variety of trading instruments across different asset classes, including:

• Forex: GMI offers a wide range of forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.

• Indices: GMI offers trading on major stock market indices such as the S&P 500, NASDAQ, and FTSE 100, as well as a range of other international indices.

• Gold: GMI offers spot trading in gold, which allows traders to speculate on the price of the precious metal without taking physical delivery.

• Oil: GMI offers spot trading in oil, including Brent Crude and US Crude.

• Silver: GMI offers spot trading in silver, which is another popular precious metal among traders.

However, other popular asset classes such as stocks and cryptocurrencies seem to be not available. Overall, GMI provides traders with many trading instruments to choose from, enabling them to diversify their portfolios and potentially capitalize on different market conditions.

Account Types

GMI offers four types of live trading accounts: Cent, Standard, Standard Bonus, and ECN, all coming with low minimum deposits.

• Cent Account: This account is ideal for beginner traders who want to start with a small investment. The minimum deposit requirement for this account is just $15.

• Standard Account: This account is suitable for more experienced traders. The minimum deposit requirement for this account is $25.

• Standard Bonus Account: This account is similar to the standard account but comes with an additional bonus on deposits. The minimum deposit requirement for this account is also $25.

• ECN Account: This account is designed for professional traders who want to trade with the lowest spreads possible. It offers raw spreads starting from 0 pips. The minimum deposit requirement for this account is $100.

Risk-free demo accounts and swap-free Islamic accounts are also available at GMI.

Leverage

GMI offers its clients various leverage options based on the account type and deposit amount. For the Standard Bonus account, leverage ranges from 1:500 for deposits between $100-$20,000 to 1:100 for deposits above $100,001. The Standard account offers leverage from 1:1000 for deposits between $250-$1,000 to 1:100 for deposits above $2,001.

The Leverage account provides higher leverage ratios, with 1:2000 leverage for deposits between $25-$10,000, decreasing to 1:100 for deposits above $200,001. Similarly, the Leverage account offers 1:2000 leverage for deposits between $25-$1,000, gradually decreasing to 1:100 for deposits above $100,001.

Spreads & Commissions

GMI offers spreads from 0.0 pips. It's important to note that spreads may vary depending on market conditions and liquidity. Traders may also be subject to additional fees such as swaps and overnight financing charges.

Regarding the commission, it varies depending on the type of account. There is no commission charged on the Cent, Standard, Standard Bonus accounts, while the commission for the ECN account is $4 per lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
GMI	0.0 pips	No ($4 per lot for the ECN account)
XM	0.6 pips	No
FXTM	0.1 pips	No
HotForex	1.2 pips	No
Pepperstone	0.1 pips	AUD $7 per lot (round turn)
IG	0.6 pips	No

Note: Spreads can vary depending on market conditions and volatility. It's always a good idea to check with the broker directly for the latest information on their spreads and commissions.

Trading Platforms

GMI offers its clients two choices of trading platforms, the popular MetaTrader 4 and its proprietary GMI EDGE. The GMI MT4 is available for Windows, Mac, iOS, Android and Web, including a variety of tools and features for technical analysis, order management, and customization. It also supports automated trading with the use of Expert Advisors (EAs). GMI EDGE can be downloaded through Androidm IOS and Web devices, enabling traders to access all trading accounts anytime, anywhere from the palm of hands.

See the trading platform comparison table below:

Broker	Trading Platforms
GMI	MetaTrader4, proprietary GMI EDGE
XM	MetaTrader4, MetaTrader5, XM WebTrader
FXTM	MetaTrader4, MetaTrader5, FXTM Trader
HotForex	MetaTrader4, MetaTrader5, HotForex WebTrader
Pepperstone	MetaTrader4, MetaTrader5, cTrader
IG	MetaTrader4

Note: The information in this table is subject to change and may not be exhaustive. It is recommended to visit each broker's website for the latest information on their trading platforms.

Social Trading

GMI offers social trading features that allow traders to copy the strategies of successful traders. This enables traders to learn from experienced individuals and potentially benefit from their proven track records. GMI's social trading platform promotes knowledge sharing and community-driven trading in a simple and accessible manner.

Deposits & Withdrawals

Users from different countries can fund with different methods. Just take an example of Malaysian users, they can fund their accounts via Local Bank Transfer, Neteller and Skrill.

The minimum deposit is $15 for Local Bank Transfer, and $10 for Neteller and Skrill. The minimum withdrawal is 50 MYR for Local Bank Transfer, and $10 for Neteller and Skrill.

No deposit fees are charged while withdrawal fees vary on the payment method. For example, there is no withdrawal fee for Local Bank Transfer, while a 4% withdrawal fee for Neteller and Skrill.

As for the processing time, all deposits and most withdrawals are instant, while Local Bank Transfer withdrawals may be slower, usually can be processed between 8am to 6pm daily.

GMI Minimum Deposit vs other Brokers

	GMI	Most other
Minimum Deposit	$15	$/€/£100

GMI Money Withdrawal

The process for withdrawing funds from GMI may vary depending on the method used for the deposit. However, in general, you can follow these steps:

Step 1: Log in to your GMI account.

Step 2: Click on the “Withdrawal” option in the menu.

Step 3: Select the preferred withdrawal method from the available options.

Step 4: Fill out the withdrawal form with the required details.

Step 5: Submit the withdrawal request.

GMI may require additional verification documents before processing the withdrawal request. The time it takes for the withdrawal to be processed and the funds to be received may also depend on the chosen withdrawal method.

Fees

GMI charges various fees to its clients, including:

• Overnight Financing: GMI also charges an overnight financing fee on positions held overnight. This fee varies based on the instrument traded, the account type, and the prevailing interest rates in the market.

• Inactivity Fee: GMI charges an inactivity fee of $50 per quarter for accounts that have been inactive for more than 90 days.

• Other Fees: GMI may charge other fees related to account maintenance, data feeds, and other services. These fees are disclosed in the account agreement and may vary depending on the client's location and account type.

It's always recommended to review the complete fee schedule and terms and conditions on the broker's website or by contacting their customer support team.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
GMI	Free	Free	$50/quarter if no activity for 90 days
XM	Free	Free	$15/month after one year of inactivity
FXTM	Free	Free (except bank wire)	$5/month after six months of inactivity
HotForex	Free	Free (except bank wire)	$5/month after six months of inactivity
Pepperstone	Free (except credit card)	Free (except bank wire)	$0 after 12 months of inactivity
IG	Free (except bank transfer)	Free	$18/month after two years of inactivity

Please note that fees may vary based on account type, payment method, and other factors. It's important to check with each broker directly for the most up-to-date and accurate fee information.

Customer Service

GMI provides customer support to its clients through various channels, including email and live chat. Customer service is available 24/5, which means that traders can get in touch with the company's representatives during business days. GMI's customer support team is multilingual, which is helpful for clients who speak languages other than English.

You can also fill in the online contact form to get in touch with GMI. However, the availability and quality of customer support may vary depending on the specific region and the volume of inquiries.

Pros	Cons
• 24/5 customer support via phone, email, chat	• No 24/7 customer support
• Personal account managers	• No physical offices in some regions
• Multilingual support	• No social media support
• Quick response time

Note: Pros and cons may vary based on individual experiences and opinions.

Conclusion

Based on the analysis of GMI, it is a regulated and reputable broker that offers the low minimum deposit requirement, competitive spreads and commissions, and a choice of different account types, as well as good customer support. One potential downside of GMI is its limited range of trading instruments and educational resources. Additionally, it offers only one trading platform-MetaTrader4. MetaTrader5 is not available. Overall, GMI is a solid option for traders who prioritize MT4, demo trading and competitive pricing.

Frequently Asked Questions (FAQs)

Q 1:	Is GMI regulated？
A 1:	Yes. GMI is regulated by Financial Conduct Authority - FCA.

Q 2:	Does GMI offer demo accounts？
A 2:	Yes. GMI offers demo accounts with $10,000 virtual capital.

Q 3:	Does GMI offer industry-standard MT4 & MT5？
A 3:	Yes. GMI supports MT4.

Q 4:	What is the minimum deposit for GMI？
A 4:	The minimum initial deposit at GMI to open a Cent account is just $15.

Q 5:	Is GMI a good broker for beginners？
A 5:	Yes. GMI is a good choice for beginners because it offers a wide variety of trading assets with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Company Information	Details
Year Founded	2002
Head Office	Tokyo, Japan
Financial Regulatory Bodies	Financial Futures Association of Japan
Managed Accounts	No
Institutional Accounts	No
Islamic Account	No
Minimum Deposit	None
Demo Trading Account available	Yes
Countries not accepted for trade	All countries accepted
Withdrawal options	Bank Wire, Credit/Debit Card
Deposit options	Bank Wire, Credit/Debit Card
Platform(s) provided	NextNeo
OS compatibility	Mac, Microsoft Windows, Mobile, Web, iPhone
Tradable assets	Forex
Languages supported on the website	English, Japanese
Customer support languages	English, Japanese
Customer service hours	8 hours, five days a week
Maximum Leverage	1:100
Overall Rating	4.6/5
Recommended FX Brokers Rank	#416
Safety and Regulation	Regulated by FFAJ, Financial Supervision Authority
Trading Fees	Low
Account Activation Time	24 Hours
Cryptocurrency Trading	Yes
Total Pairs	18
Visit Broker	Gaitame.com
Minimum Deposit	USD 1

General Information of Gaitame.com

GAITAME is an online forex broker based in Japan. Founded in 2002, the company provides a range of trading services and tools to investors. It is regulated by the Financial Futures Association of Japan, ensuring a safe and secure trading environment. GAITAME offers a proprietary trading platform called NextNeo, which is available for desktop, mobile, and web. The broker supports trading in forex with a maximum leverage of 1:100. It offers demo accounts for practice trading and has low trading fees. GAITAME accepts clients from all countries and provides customer support in English and Japanese. Withdrawals and deposits can be made through bank wire and credit/debit card options. Overall, GAITAME has a good reputation and is a popular choice among traders in Japan.

Regulation

GAITAME is currently regulated by the Financial Futures Association of Japan (FFAJ). The FFAJ is a recognized regulatory body that oversees financial institutions in Japan. Being regulated by the FFAJ means that GAITAME operates in accordance with the regulatory guidelines and standards set by the association. The broker is subject to regular audits and inspections to ensure compliance with these regulations. Client funds are held in segregated accounts with reputable banks, ensuring that they are kept separate from the broker's operational funds. This regulatory oversight provides traders with a level of confidence in the safety and security of their funds while trading with GAITAME.

Products of Gaitame.com

GAITAME offers a variety of market instruments for trading, with a focus on forex. Forex, also known as currency or FX trading, involves the exchange of currencies in the global market. GAITAME allows traders to trade in 30 currency pairs, which include major, minor, and exotic pairs. This provides traders with ample opportunities to participate in the foreign exchange market and take advantage of currency price fluctuations.

While GAITAME primarily focuses on forex, it does not offer a wide range of other market instruments such as commodities, indices, or precious metals. Traders who are specifically looking to trade in these instruments may find the options limited with GAITAME.

Here's a detailed table summarizing the available market instruments on GAITAME:

Market Instruments	Available
Forex	Yes
Commodities	No
Indices	No
Precious Metals	No
Energy	No

Please note that GAITAME's primary offering is forex trading, and traders should consider their specific trading preferences and requirements when choosing a broker.

Account Types

GAITAME offers three tiered trading account options to cater to the diverse needs of traders. The account types available are Individual Account, Corporate Account, and Demo Account.

Individual Account: This account type is designed for individual traders who wish to engage in forex trading. It provides access to all the features and functionalities offered by GAITAME, allowing individual traders to trade in the forex market with ease. The Individual Account is suitable for both beginners and experienced traders.

Corporate Account: The Corporate Account is specifically tailored for corporate entities that want to participate in forex trading. It allows businesses to manage their forex trading activities and access the various tools and resources provided by GAITAME. This account type offers features that are relevant to corporate trading needs.

Demo Account: GAITAME also offers a Demo Account, which is an excellent option for traders who want to practice their trading strategies or familiarize themselves with the platform before trading with real money. The Demo Account provides a simulated trading environment where traders can explore the platform's features and test their trading skills using virtual funds.

How to Open an Account？

To open an account with GAITAME, follow these simple steps:

1. Visit the GAITAME Website: Start by visiting the official website of GAITAME.

2. Click on the “Open an Account” Tab: On the website's menu, locate and click on the “Open an Account” tab. This will initiate the account opening process.

3. Fill out the Registration Form: You will be directed to a registration form. Fill in all the required details, including your personal information such as name, address, and contact information. Follow the instructions carefully and provide accurate information.

Completing these steps will initiate the account opening process with GAITAME. It's important to ensure that you provide all the necessary information accurately to avoid any delays in the account activation process. Once your account is approved, you can proceed to fund your account and start trading.

Spreads of Gaitame.com

Com offers spreads on currency pairs for two time periods: 1:00 am to 4:00 pm, and 4:00 pm to 1:00 am. During the former time period, the spread is 0.2 pips on USD/JPY, 0.5 pips on EUR/JPY, 0.4 pips on EUR/USD, 0.7 pips on AUD/JPY, 1.0 pips on GBP/JPY, 1.2 pips on NZD/JPY, and 1.7 pips on CAD/JPY. CAD / JPY at 1.7 pips. During the period from 4:00 pm to 1:00 am, the USD/JPY spread is 0.1 pips, EUR/JPY 0.3 pips, EUR/USD 0.3 pips, AUD/JPY 0.4 pips, GBP/JPY at 0.6 pips, and NZD/JPY at 0.9 pips.

Trading Platform Available

GAITAME offers its clients the NextNeo trading platform, which serves as the primary trading software for desktop and mobile applications. NextNeo is a proprietary platform developed by GAITAME, designed to provide traders with a user-friendly and feature-rich trading experience. The platform is compatible with both Windows and Mac operating systems. Additionally, GAITAME offers a mobile version of the NextNeo platform for Android and iPhone devices. Traders can download the mobile app using a QR code and enjoy intuitive and smooth transactions, along with a suite of charting tools for comprehensive market analysis. The NextNeo trading platform is available in English and Japanese, providing traders with a customizable and intuitive interface, charting tools, and access to news, analysis reports, and financial calendars.

Here's a table summarizing the trading platform offered by GAITAME:

Trading Platform	NextNeo (proprietary platform)
Platform Types	Desktop (Windows, Mac), Mobile (Android, iPhone)
Language Support	English, Japanese
Key Features	User-friendly interface, Charting tools, News and analysis reports
Customization	Customizable trading strategies, Intuitive and customizable charting tools

Deposit and Withdrawal of Gaitame.com

GAITAME offers convenient options for depositing and withdrawing funds. When it comes to deposits, clients can fund their trading accounts using bank wire transfers or credit/debit cards. The broker accepts deposits in both Japanese Yen (JPY) and US Dollars (USD). Additionally, GAITAME provides a “Quick Deposit” service in partnership with certain banks, allowing clients to make instant deposits without any transfer fees.

For withdrawals, clients can choose between bank wire transfers and credit/debit cards. GAITAME ensures that withdrawals are processed promptly and free of charge. It's worth noting that withdrawals are generally made using the same method used for deposits.

It's essential for traders to review GAITAME's website for detailed information and instructions on how to deposit and withdraw funds. By following the outlined procedures, traders can easily manage their funds and engage in seamless deposit and withdrawal processes with GAITAME.

Deposit Options	Bank Wire Transfers, Credit/Debit Cards
Accepted Currencies	Japanese Yen (JPY), US Dollars (USD)
Quick Deposit	Instant deposits available with affiliated financial institutions
	on weekdays, weekends, and holidays 24 hours
Withdrawal Options	Bank Wire Transfers, Credit/Debit Cards
Withdrawal Fees	Free of charge
Withdrawal Process	Generally processed using the same method as the deposit

Customer Support

GAITAME provides customer support to assist traders with their inquiries and concerns. The broker can be reached through telephone and email. Traders can contact the customer support team by calling the provided phone numbers, which include a dedicated number for international calls. The professional support team is available from Monday to Friday, during specified hours, to provide assistance in both English and Japanese. Additionally, traders can submit their inquiries through the broker's website using the provided contact form, and GAITAME will respond via email. While live chat support is not available, the broker offers comprehensive FAQ sections on its website, covering various topics related to features and trading conditions. By utilizing these support channels, traders can receive the necessary assistance and guidance from GAITAME's customer support team.

Please note that the specific contact hours and phone numbers may be subject to change, and it is recommended to visit GAITAME's website for the most up-to-date information regarding customer support availability.

Customer Support Channels	Telephone, Email
Telephone Support	From inside Japan: 0120 430 225
	International calls: +81 3 5733 3065
	IP phones: 03 5733 3065
Email Support	Contact form available on the website
Customer Service Hours	Monday to Friday, specific hours (local time)
Languages	English, Japanese
Live Chat	Not available
Additional Resources	Comprehensive FAQ sections on the website

Educational Resources

GAITAME offers a range of educational resources to support traders in their journey through the forex market. While the specific details of these resources are not provided, it can be inferred that GAITAME is committed to providing valuable educational materials to its clients.

The broker likely offers educational resources such as tutorials, webinars, articles, and videos. These materials are designed to cater to both beginner and advanced traders, covering various aspects of forex trading. Topics may include fundamental and technical analysis, risk management strategies, trading psychology, and market insights.

GAITAME may also provide a comprehensive educational section on its website, where traders can access a wealth of information to enhance their understanding of the forex market. This section might include guides, glossaries, and FAQs to address common questions and provide clarity on key concepts.

Furthermore, GAITAME may organize webinars or training sessions conducted by experienced traders or market experts. These interactive sessions can offer valuable insights, practical tips, and real-time analysis to help traders refine their skills and stay updated with market trends.

The educational resources provided by GAITAME aim to empower traders with the knowledge and tools they need to make informed trading decisions. By investing in their clients' education, GAITAME demonstrates a commitment to fostering a supportive trading environment.

Please note that the specific educational resources offered by GAITAME are not explicitly mentioned in the available information. Traders are advised to visit GAITAME's website or contact their customer support for detailed and up-to-date information on the educational materials they provide.

Here's a table summarizing the potential educational resources that GAITAME may offer:

Educational Resources	Description
Tutorials	Step-by-step guides and instructional materials
Webinars	Interactive sessions with market experts
Articles	Informative articles on various forex trading topics
Videos	Visual content covering trading strategies and more
Website Section	Comprehensive educational section with guides and FAQs

Summary

GAITAME is an established forex broker based in Japan, offering a range of trading services and features. The broker has a long-standing presence in the industry since its founding in 2002 and is regulated by the Financial Futures Association of Japan. GAITAME provides a proprietary trading platform called NextNeo, available for desktop and mobile devices. The platform offers user-friendly features, charting tools, and access to news and analysis reports. The broker supports a variety of deposit and withdrawal options, including bank wire transfers and credit/debit cards. GAITAME's educational resources, although not explicitly specified, are expected to cater to both beginner and advanced traders. The broker's maximum leverage is 1:100, and it aims to offer competitive spreads and low trading fees.

Pros:

1. Established and regulated broker with a long history in the industry.

2. NextNeo trading platform provides a user-friendly experience and access to market analysis tools.

3. Variety of deposit and withdrawal options for convenience.

4. Expected range of educational resources to support traders' knowledge and skills.

5. Competitive spreads and low trading fees.

Cons:

1. Specific details about educational resources are not provided in the available information.

2. Limited information about available trading instruments.

3. Customer support availability and options are not explicitly stated.

4. No information on additional features such as bonuses or promotions.

Traders interested in GAITAME should conduct further research and review the broker's website or contact their customer support for more detailed and up-to-date information on specific offerings and features.

FAQs

1. What is GAITAME？

   GAITAME is an established forex broker based in Japan that offers trading services and features to clients. It provides a proprietary trading platform, NextNeo, and is regulated by the Financial Futures Association of Japan.

2. What trading platform does GAITAME offer？

   GAITAME offers the NextNeo trading platform, which is available for both desktop (Windows, Mac) and mobile (Android, iPhone) devices. It provides a user-friendly interface, charting tools, and access to news and analysis reports.

3. Is GAITAME regulated？

   Yes, GAITAME is regulated by the Financial Futures Association of Japan (FFAJ) under License No. 1544. It adheres to strict oversight by the Japanese government to ensure a safe and secure trading environment.

4. What are the deposit and withdrawal options with GAITAME？

   GAITAME offers deposit and withdrawal options that include bank wire transfers, credit cards, and debit cards. These options provide convenience and flexibility for clients to manage their funds.

5. Does GAITAME provide educational resources？

   While specific details are not mentioned, GAITAME is expected to offer educational resources to support traders. These resources may include tutorials, webinars, articles, and videos to enhance traders' knowledge and skills in forex trading.