Gmi edge bonus

MINIMUM DEPOSIT AS LOW AS $25

Use the same IP address to open multiple accounts
Are found to be cheating
Practice arbitrage

No deposit forex bonuses

30% deposit bonus

INSTANT BONUS CREDIT TO YOUR ACCOUNT

MINIMUM DEPOSIT AS LOW AS $25

ACCOUNT LEVERAGE BASED ON EQUITY UP TO 1:2000

Enjoy a 30% bonus up to $500 on your first deposit.

Make a deposit now with us and instantly receive up to USD500 bonus.

All new clients are eligible for this bonus. Only one 30% deposit bonus per IP address. This bonus is applicable to standard accounts only.

Your bonus will be deducted if you:

Use the same IP address to open multiple accounts

Are found to be cheating

Practice arbitrage

This bonus is automatically available for all clients who deposit into their trading accounts with the maximum bonus amount of $500. Your bonus can be used to open positions as well as cover losses in floating positions.

Any profits generated can be withdrawn at any point in time, however, any withdrawal of funds will result in the full removal of your trading bonus.

All the current bonus credit in the trading account will be forfeited when any amount of withdrawal has been made.

Instant bonus credit to your account

Minimum deposit as low as $25

Available to new users only

Account leverage based on equity up to 1:2000

Valid till 28 february 2021

Available in malaysia, brunei and thailand

GMI edge is the trading name of global prime limited, a regulated and licensed dealer in securities by the vanuatu financial services commission with the registration number 14647. Registered address govant building, BP 1276 port vila, vanuatu. Global prime limited is the owner and operator of this website (www.Gmiedge.Com) and (www.Edgema.Biz).

GMI edge is part of the GMI group of companies. The GMI brand was established in 2009.

The GMI group of companies includes:
– global prime limited – registered address govant building, BP 1276 port vila, vanuatu
– GMI edge limited – registered address unit 7, 10/F, tower 1, china hong kong city, 33 canton road, tsim sha tsui, kowloon, hong kong
– global market index limited (UK), authorized and regulated by the financial conduct authority (FRN: 677530) with registered address at 125 old broad street, london, england, EC2N 1AR
– global market index limited (VN) (GMIVN), a company regulated and registered in vanuatu, company number 14646, with registered address at BP 1276, govant building, port vila, vanuatu

Clients contract with both global prime limited (license holder) and GMI edge limited (merchant), (collectively referred to as GMI edge), being registered companies organized under the laws of republic of vanuatu and hong kong respectively, its successors and assigns, and the party (or parties) executing this document.

General risk disclaimer: trading forex, cfds, and any financial derivative instruments on margin carries a high level of risk and may not be suitable for all investors, as you could sustain losses in excess of your deposits. The company, under no circumstances, shall be liable to any persons or entity for any loss or damage in the whole or part caused by, resulting from, or relating to any transactions related to CFD. GMI edge assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials.

15% deposit bonus

INSTANT BONUS CREDIT TO YOUR ACCOUNT

MINIMUM DEPOSIT AS LOW AS $25

AVAILABLE TO EXISTING USERS ONLY

ACCOUNT LEVERAGE BASED ON EQUITY UP TO 1:2000

Enjoy a 15% bonus up to $5000.

Make a deposit now and instantly receive up to USD5000 bonus.

All clients are eligible for this bonus. Only one 15% deposit bonus per IP address. This bonus is applicable to standard accounts only.

Your bonus will be deducted if you:

Use the same IP address to open multiple accounts

Are found to be cheating

Practice arbitrage

This bonus is automatically available for all clients who have used the 30% deposit bonus and continue to make deposits into their trading accounts. You will continue to receive the 15% bonus until you reach the maximum total bonus amount of $5000. Your bonus can be used to open positions as well as cover losses in floating positions.

Any profits generated can be withdrawn at any point in time, however, any withdrawal of funds will result in the full removal of your trading bonus.

All the current bonus credit in the trading account will be forfeited when any amount of withdrawal has been made.

Instant bonus credit to your account

Minimum deposit as low as $25

Available to existing users only

Account leverage based on equity up to 1:2000

Valid till 28 february 2021

Available to clients in malaysia, brunei, thailand, philippines and indonesia

GMI edge is part of the GMI group of companies. The GMI brand was established in 2009.

Promotions

SPREADS STARTING FROM AS LOW AS 0.1 PIPS

FAST & SECURE DEPOSIT/ WITHDRAW

Promotions

GMI edge is part of the GMI group of companies. The GMI brand was established in 2009.

GMI edge – $30 welcome bonus

GMI edge

Promotion name: $30 welcome bonus

Note: the promotion is available to clients from malaysia and brunei only.

How to get:
1. Sign up for a new account.

Withdrawal requirements:
you will be able to withdraw all profits if you trade and complete a minimum round turn of 0.1 lots and wait till the 7 day period is over.

More information:
the offer is available to new users only.
Account leverage is fixed at 1:200.
The bonus is valid 7 days.

Information about the broker:
GMI edge is a group of forex brokers. Global market index limited (UK) is authorized and regulated by the financial conduct authority. Global market index limited (VN) is regulated and registered in vanuatu. GMI edge limited is registered in hong kong. The broker offers cent accounts from $2.5, standard accounts from $25 and ECN accounts from $100.

Promotion valid: the promotion is over.

Do you recommend this bonus?

What’s new?

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Hotforex – 100% supercharged bonus

Seven capitals – real $100 account

3 COMMENTS

Don’t waste ur time, its crap!Its a never trueand full of crap rewprentative. Disgraced and humiliated us malaysians!

GMI edge – $30 welcome bonus (TH)

GMI edge

Promotion name: $30 welcome bonus

Note: the promotion is available to clients from thailand only.

How to get:
1. Sign up for a new account.

Withdrawal requirements:
you will be able to withdraw all profits if you trade and complete a minimum round turn of 0.1 lots and wait till the 7 day period is over.

More information:
the offer is available to new users only.
Account leverage is fixed at 1:200.
The bonus is valid 7 days.

Promotion valid: the promotion is over.

Do you recommend this bonus?

What’s new?

Forex4you – trading hero contest

Justforex – 2021 trading contest

Promax – 10% deposit bonus

Hotforex – 100% supercharged bonus

Seven capitals – real $100 account

1 COMMENT

Forex brokers lab

BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Regulators : FCA, VFSC

Cryptocurrencies: no

Minimum deposit: $25

Maximum leverage: 1:2000

Spreads: high

My score: 0.8

GMI edge is the new name of GMPFX as of 12th september 2018. The broker is targeting malaysian investors. As you can see on the website, gmiedge.Com, trading conditions are based on malaysian investors. The official website can also be accessed on five levels: english, malay, indonesian, thailand and vietnam. Investors are naturally concerned about brokers who are just starting to offer services.

So many investors are researching whether it is GMI edge scam or a reliable broker. If you are reading this GMI edge review; you are probably researching account types, deposit and withdrawal methods, minimum deposit, maximum leverage and bonus issues.

The way to earn money in forex is a good investment psychology. If you do not trust the broker and you do not know precisely what trading conditions the broker offers, you can not make a profit even if you do successful trades.

For all these reasons, do not open an account without reading this GMI edge reviews.

GMI edge regulation

The most crucial problem of newly established brokers is regulated. Because getting a license from reputable regulators like FCA, ASIC, cysec is a very challenging process. Because these regulators have strict requirements and the brokers must maintain these requirements. For this reason, new brokers tend to regulators that are relatively easy to obtain licenses. One of these is VFSC (vanuatu financial services commission) from vanuatu island.

GMI edge is the trading name of global prime limited. According to the information on the website, this company is a VFSC licensed broker but I have not attained the document of this license. When I search on the vanuatu financial services commission’ website the registration number (14647), there was no any result. Normally, VFSC-licensed brokers clearly state this in their website and put the original of this document on the relevant page. In addition, customer service can send this document as a PDF file. If they send me the document, I’ll add it to the review.

Several months after I wrote the above paragraphs, I received an email from GMI edge. They explained the licenses and regulation in the mail. As I promised, I add here.

The GMI group of companies includes:

Global market index limited (UK), authorized and regulated by the financial conduct authority (FRN: 677530) with registered address at 125 old broad street, london, england, EC2N 1AR

Global market index limited (VN) (GMIVN), a company regulated and registered in vanuatu, company number 14646, with registered address at BP 1276, govant building, port vila, vanuatu

GMI edge limited with the registration number 2665994, (registered address unit 7, 10/F, tower 1, china hong kong city, 33 canton road, tsim sha tsui, kowloon, hong kong) being the entity responsible for processing of settlements for global prime limited.

I’ve checked the accuracy of these licenses. However, please note that the FCA license does not cover the GMI edge brand. When you query the license number on the official site of FCA, you will see gmimarkets.Com for this license.

Account types and spreads in GMI edge

GMI edge offers variety account types. These are standart, standart (with bonus), cent, cent (with bonus) and ECN. When we compare the old version of the broker, GMPFX, there are more account types. There was only standart account before.

Almost all brokers are trying to maintain account type diversity so that investors choose the most appropriate account type. For example, you can find nano account types that can be traded in nano lots on most of other brokers on my list. ECN account types are also offered by many brokers. GMI edge didn’t have before them but now have.

If we look at the standard account offered by GMI edge; the maximum leverage is 1: 2000 and the spreads are offered as 2 pips on EUR/USD.

This leverage ratio is quite high and above the average of brokerage industry which is 1:500. If you have not forex experience before, trading with such a high leverage can be quite risky for you. Also, spreads of 2 pips on EURUSD is not competitive when we compare other brokers. GMI edge minimum deposit is $25.

Let’s look at the ECN account. The maximum leverage is 1:500 and there is also commission $4 per lot. The minimum deposit is $100 for GMI edge ECN account.

Another major disadvantage of GMPFX is that it is not rich in terms of trading instruments. For example, cryptocurrencies are not available for FX trading.

Trading products

GMI edge offers forex and metals only. Indices and energy are incoming but there is no info about when they are coming. Trading products are very limited in GMI edge.

Trading platforms

GMI edge supports the metatrader4 platform which is well-known by forex traders and brokers. You can download and use the platform to start trading. MT4 has many advantages besides being the most used platform. The technical indicators are one the advantages. The platform is user-friendly. What is more, you can automate operations entirely by using EA (expert advisor).

Bonuses

GMI edge offers its clients some bonuses. %10,%50 and %100 deposit bonus. And there is also GMI edge $30 welcome bonus. There are some terms and conditions for these bonuses you can check on the broker’ website.

Payment methods

In terms of deposit and withdrawal methods, GMI edge offers very limited options. Many popular e-wallet systems for depositing and withdrawing are not available. Neteller is the only option you can use. According to the information on the website, fasapay will be available soon. Another option is to use local bank transfers. Supported banks are maybank, CIMB, RHB, public bank, hong leong bank. The minimum withdrawal is MYR50 for local banks transfer. For neteller, it is $10.

GMI edge review

GMI edge provides online forex and CFD trading with competitive trading conditions through the metatrader 4 platforms. They have a range of account funding options but lack in educational materials and additional trading tools. They do not offer any individual stocks or cryptocurrency trading whilst spreads can incur a mark-up on the commission free accounts. They are also regulated offshore and do not accept clients from certain countries including the UK and USA.

GMI edge review, pros & cons

User-friendly metatrader 4 platform for multiple devices

Variety of account funding options

Flexible leverage

Competitive trading conditions

Minimum $25 deposit

Swap free accounts

Offshore broker

No educational materials

Limited additional trading tools

No stocks or cryptocurrency trading

Does not accept clients from the UK or USA

Spread mark-ups

No social trading platform integration

USD currency accounts only

In this detailed GMI edge review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

GMI edge is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including GMI edge.

GMI edge review: summary

GMI edge is an offshore trading broker that provides online trading via metatrader 4 (MT4) on a variety of different asset classes including forex, indices, precious metals, energies and cfds. Whilst the broker offers leverage of up to 1:2000 depending on your account balance and type, it is imperative users are aware of the significant risks involved when using such high leverage.

GMI edge review: broker features

Founded in 2018, GMI edge have trade execution speeds from 0.005 seconds whilst forex spreads start from around 0.1 pips. The broker has low minimum deposit requirements from $25 along with a choice of fast and secure account funding options. However, they could improve on their regulation.

GMI edge review: regulation

GMI edge is the trading name of global prime limited, a regulated and licensed dealer in securities by the vanuatu financial services commission (VFSC). GMI edge is part of the GMI group of companies. The GMI brand was established in 2009.

Whilst regulation can give traders the peace of mind they are using a broker which must abide by strict rules and regulations that are put into place in order to protect investors, the trading brokers review team would prefer a broker to use a top tier regulator such as the FCA, cysec and ASIC.

GMI edge review: countries

Whilst GMI edge can provide brokerage services to many countries, there are some restrictions. They do not accept clients from the united kingdom and united states amongst other countries.

Some GMI edge broker features and products mentioned within this GMI edge review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

GMI edge review: trading platforms

Metatrader 4

Like the majority of online brokers, GMI edge provide traders with the user friendly yet powerful metatrader 4 (MT4) trading platform. MT4 is one of the most popular trading platforms and is used by millions of traders all over the world. It is well known for being fully customisable with an intuitive user interface and vast array of built-in trading tools enabling traders to deeply analyse the financial markets. The platform can support both beginner and experience traders with their day to day trading activities.

GMI edge review: metatrader 4 platform

You can download the MT4 platform for free on desktop and mobile devices running on ios and android. The MT4 mobile app is useful for those who would like to trade and manage their account whilst in the go from anywhere in the world provided there is an internet connection. MT4 is also available as a web trading platform that runs directly in your web browser without the need to download and install any additional software.

Some of the key metatrader 4 platform features include:

Fully customisable and user-friendly interface

Multiple chart types and time frames

Variety of order types supported including one-click trading directly on charts

Create, save and load trading strategy templates

Real time bid/ask price quotes of trading instruments displayed in the market watch window

Generous selection of technical indicators and graphical objects for chart analysis

Automated trading supported through expert advisors (eas)

Strategy tester to back test eas over historical data

MQL programming interface to create customised indicators, eas and scripts

MQL market place to download customised tools and get trading signals

Large online community to share ideas and tools with other traders

Set price and indicator alert notifications to be sent via SMS, email and pop-ups

Virtual private server (VPS) support for remote hosting of platform

Available for desktop, web and mobile devices

GMI edge review: trading tools

Whilst the broker states that GMI edge account holders get free access to trading central and market analysis, we were unable to find any evidence of this on the brokers website. That being said, the metatrader 4 platform is likely to have more than enough tools and functionality to satisfy the online trading needs of the average retail trader.

GMI edge review: education

Unfortunately, there are currently no educational materials available on the GMI edge website. We would like to have seen some trading guides, tutorial videos, webinars and seminars. These can all be useful to help traders improve their trading skills and knowledge whilst emphasising the brokers support for informed online trading.

GMI edge review: trading instruments

GMI edge offers over 50 FX currency pairs including major, minor and exotic crosses. The broker also has a modest selection of cfds on precious metals and energies. The trading brokers team found the asset range lacking when compared with some of the best trading brokers. There are currently no stocks or cryptocurrencies for trading online.

Forex trading

The broker has around 50 forex currency pairs with competitive spreads, minimal requotes and leverage up to 1:2000.

Metals trading

They offer precious metals through silver and gold trading.

Indices trading

GMI edge offers 8 global stock indices with 1:50 leverage and zero commission on the standard account: US30, SP500, US100, UK100, GE30, FR40, HSIHDK and CHN50U.

Energies trading

Trade long or short on oil and gas with leverage of up to 1:100.

GMI edge review: trading accounts & fees

GMI edge have a choice of 3 main account types which vary on a number of factors such as the minimum deposit requirement, commission, leverage and lot sizes. There is also an additional “bonus” account. You can choose an account that is best suited towards your individual trading style and goals. The broker states that they accept all types of trading strategies including hedging, scalping and automated trading.

Standard account

Minimum deposit $25

Leverage up to 1:2000

No commissions

100,000 contract size

0.01 minimum lots

50 maximum lots

Variable spreads

Cent account

Minimum deposit $2.50

Leverage up to 1:1000

No commissions

1,000 contract size

0.01 minimum lots

150 maximum lots

Variable spreads

ECN account

Minimum deposit $100

Leverage up to 1:500

$4 commission per lot

100,000 contract size

0.01 minimum lots

50 maximum lots

Variable spreads

GMI edge review: broker account types

GMI edge MAM account

GMI edge have a managed account option for money managers. You can complete orders for all accounts in a timely and synchronized manner. All orders are executed at the same time/same price, and all accounts have the same ROI. Each MAM account can support up to 100 sub accounts. The MAM account can integrate with the MT4 platform on multiple devices.

Islamic account

The broker has a swap free option with no charges for holding a position overnight. They are a muslim friendly broker which can provide trading accounts that comply with sharia law.

Demo account

Demo trading accounts are available upon request if you wish to practice your trading strategies using virtual funds and to familiarise yourself with the trading platforms.

GMI edge review: customer service

GMI edge customer support is available via email, telephone and live chat. There is an online contact form if you wish to send them a message directly.

GMI edge review: deposit & withdrawal

GMI edge have a choice of convenient methods for depositing and withdrawing funds from your trading account. This includes bank transfer and online payment systems such as neteller, skrill and perfect money. The broker can also accept cryptocurrency payments through bitcoin. Please be aware that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.

GMI edge review: account funding options

To deposit into your trading account, first you need to login to the members area, click deposits from the menu, and select your preferred payment option. You can then proceed with the necessary steps and details based on the instructions given. The same process applies if making withdrawals, just choose the withdrawal option instead.

Withdrawals under $1,000 will be processed instantly and sent to payment providers for verification. Withdrawals from $1,000 up to $19,999 will require manual approval and be sent to payment providers for verification within 24 hours depending on the method chosen by the client, and providing requests meet all appropriate risk / AML requirements. Withdrawals over $20,000 may take up to 4 business days.

Some fees may be charged when using certain payment methods. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.

Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. GMI edge strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your GMI edge trading account.

You can only transfer funds to and from your account once the appropriate documentation has been submitted and verified in accordance with the brokers standard account opening procedures/KYC. Please note that all deposit/withdrawal transactions are also subject to internal anti-money laundering (AML) controls.

Accounts can only be opened USD. If the broker had different currency options, this would have been beneficial as currency conversion fees do not apply when using an account in your own currency.

As broker fees can vary and change, there may be additional fees that are not listed in this GMI edge review. It is imperative to ensure that you check and understand all of the latest information before you open a GMI edge broker account for online trading.

GMI edge review: account opening

In order to open a trading broker account with GMI edge, you will need to complete a short online application form. During your application, you will be requested to submit personal information and documents to verify your account. This is a normal part of a brokers KYC and AML procedures. Once your details have been verified by a member of the accounts team, you will be able to fund your account and commence trading online with GMI edge.

GMI edge review: account registration

It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Only proceed if you fully understand and agree to them.

GMI edge review: conclusion

Overall, GMI edge has a reasonable online brokerage offering with competitive trading conditions and backing of the GMI group of companies. The trade execution speeds are swift and the spreads decent. The MT4 platform is easy to use and available on multiple devices. The broker also has a variety of account types and convenient payment options.

Despite the positives, we would like to see GMI edge provide some educational materials and additional trading tools. Furthermore, leverage is capped when your account reaches a certain amount and they do not have any social trading platform integration. There are no individual stock or cryptocurrency trading instruments. We would also like to see the broker implement regulation from other well-known regulators.

Trading forex, cfds, and any financial derivative instruments on margin carries a high level of risk and may not be suitable for all investors, as you could sustain losses in excess of your deposits.

Min $25 deposit

GMI edge is a trading broker that provides forex & CFD trading on the metatrader 4 (MT4) platforms for desktop, web & mobile devices. The broker has competitive trading conditions but lacks in educational materials & additional trading tools.

GMI edge – $30 welcome bonus

GMI edge

Promotion name: $30 welcome bonus

Note: the promotion is available to clients from malaysia and brunei only.

How to get:
1. Sign up for a new account.

Withdrawal requirements:
you will be able to withdraw all profits if you trade and complete a minimum round turn of 0.1 lots and wait till the 7 day period is over.

More information:
the offer is available to new users only.
Account leverage is fixed at 1:200.
The bonus is valid 7 days.

Promotion valid: the promotion is over.

Do you recommend this bonus?

What’s new?

Forex4you – trading hero contest

Justforex – 2021 trading contest

Promax – 10% deposit bonus

Hotforex – 100% supercharged bonus

Seven capitals – real $100 account

3 COMMENTS

Don’t waste ur time, its crap!Its a never trueand full of crap rewprentative. Disgraced and humiliated us malaysians!

GMI edge

GMI edge is the trading name of global prime limited, that was established in 2009. GMI edge is an online forex and CFD broker that’s been operating in over 8 countries worldwide. GMI edge provides a wide range of trading instruments to the financial markets including forex, cfds, indices, metals and energies.

GMI edge clients‘ funds are fully segregated in secured accounts separate from the company’s opreational funds.

Trading platforms

GMI edge provides the metatrader (MT4) platform to its traders that is available via PC, android, and iphone devices.

Best in class bridging technology allowing for greater platform stability

Most popular retail trading platform in the world

Powerful charting，intuitive interface，rich order set

Automated trading enabled (AE)

VPS hosting

Precise hosting and collocation configuration allowing for smart order routing and ultra-fast execution

Standard

Standard (bonus)

Cent

GMI edge provides maximum leverage of 1:2000, v ariable spreads starting as low as 0.1 pips and minmum requirement to open an account is $25 with no commission. Deposits/withdrawals can be made via bank transfer, neteller, perfectmoney and skrill.

30% deposit bonus

15% deposit bonus

Trade & win lucky draw

Get a brand-new car on U

Customer support

GMI edge provides customer support 24/5 to its clients via live chat, telephone and emails.

Regulation

GMI edge is authorised and regulated by the vanuatu financial services commission (VFSC).

Conclusion

GMI edge is an online forex and CFD broker that’s been providing a wide range of financial instruments across 8 different countries worldwide. GMI edge offers the user-friendly metatrader 4 platform that is available via any mobile devices. GMI edge provides excellent service, low spreads, low minimum and transparent costs, fast and secure deposits, and reliable customer service 24/5. GMI edge is authorised and regulated by the vanuatu financial services commission (VFSC).

So, let's see, what we have: client is eligible to receive one time bonus amount of $500 on their first deposit made during the promotional period. Bonuses are instantly credited into standard trading account and thus immediately available for trading. At gmi edge bonus