GDMFX Review
Note: GDMFX has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
With its International Trading & Support Centers located around the world and operating 24 hours a day, GDMFX takes great pride in the quality of its services and the satisfaction of its Traders.
The Company offers both Fixed Spread and ECN Account Types with access to Forex, Commodities and Indices, Negative Balance Protection and a Personal Account Manager to all of its Traders who also have the ability to Deposit in their Preferred Major Currency.
Awarded as Asia-Pacific's Fastest Growing Broker and Best Execution Provider and being able to accommodate FX Transactions of up to 100 Million Currency Units, it is one of the Forex companies that is taking Straight-Through Processing to the next level.
Margin Trading caries a significant risk to your capital and might not be suitable for all investors.
Typical Spread on Majors
| EUR/USD | 2 |
| GBP/USD | 3 |
| USD/JPY | 2 |
- Company Info
| Headquarters | Auckland, New Zealand |
| Type of Broker | Market Maker & STP |
| Founded | 2012 |
| Regulated By | Regulated By FSPR (New Zealand) |
| Offices In | New Zealand, Bulgaria, Indonesia, China, India, Hong Kong |
| Supported Languages | English, Chinese, Indonesian, Malaysian |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | EUR, USD, GBP, JPY, AUD |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Anyone |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | $7 / Lot |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $50,000 Minimum Deposit |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, UnionPay, AlgoCharge, Neteller, Perfect Money |
| Withdrawal Methods | Wire Transfer, AlgoCharge, Neteller, Perfect Money |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android |
| NO of Pairs | 31 |
| Pricing Digits | 4 and 5 |
| Trade off Charts | No |
| One-click Execution | Yes |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT + 0 |
| Demo Account Expiry | Non-Expiring |
| VPS Offered | No |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | Yes |
| Option of OCO | No |
| Option of FIFO | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Binary Options | Yes |
| Oil | Yes |
| Indices | Yes |
GDMFX Reviews
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