- Country: New Zealand
- Regulation: FSP
- Markets: Forex and CFDs
- Type: STP
- Platforms: MetaTrader 4, IT Finance, Currenex
- Minimum deposit: 1,500 USD
- Spread: sariable
- Scalping: yes
What is the Global Market Index?
Global Market Index is a New Zealand Forex and CFD broker regulated by that country’s FSP.
This broker provides STP trading , with which all orders are sent to the market.
The platforms provided by GMI (Global Market Index) are ICTS FX, MetaTrader 4 and Currenex .
With ICTS we can operate with 20 currency pairs, silver and gold. This platform is based on the services of IT Finance, one of the leading stock market charters in the world.
The Currenex account is for important accounts and can only be operated in lots of 100,000, which is indicative that it is interbank trading.
GMI has several free manuals on the operation of its platforms, which we can download in PDF.
Click here and open an account from 5 USD with one of the best brokers on the market
Global Market Index minimum deposit
The minimum initial deposit to open an account with GMI is 1,500 USD.
The same can only be done by bank transfer.
The available leverage is 200: 1.
In July 2018, a new maximum leverage will be applied for traders residing in Europe by ESMA regulations. The same, which will apply to Forex products and CFDs we have in the following table:
|Main Forex pairs||30: 1 or 3.33% margin|
|Main indices, gold and minor Forex pairs||20: 1 or 5% margin|
|Lower indices, commodities and exotic Forex pairs||10: 1 or 10% margin|
|Actions||5: 1 or 20% margin|
|Cryptocurrencies||2: 1 or 50% margin|
The minimum trade with gold is 10 ounces and 500 silver.
The CFDs available are the main world stock indices, oil and natural gas.
Likewise, GMI provides institutional trading services for Introductory Brokers, White Labels or professional Managers.
Global Market Index Review
The minimum deposit to open an account, of 1,500 USD, as well as the minimum sizes to operate, for example, in gold (10 ounces) tell us that this broker is aimed at professional clients or with acceptable capital.
This is confirmed with the offer of the Currenex platform and the minimum trading lot of 100,000 units, as well as the offer of the IT Finance platform.
A detail to improve would be to have more information about the types of accounts available on its website.
For more information, visit the website.