amarkets
gcm forex
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while gcm forex was established in 2017 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. amarkets serves 1,000,000+ clients worldwide; gcm forex has 142,500+. Both brokers share the same minimum deposit of $250.
| Feature | amarkets | gcm forex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F248 |
| Founded | 2016 | 2017 |
| Country | United Kingdom | USA |
| Clients | 1,000,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between amarkets and gcm forex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Both brokers charge withdrawal fees. amarkets charges deposit fees; gcm forex does not. The two brokers are broadly comparable on fee structure.
| Feature | amarkets | gcm forex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
amarkets offers MT4, MT5, cTrader, while gcm forex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. gcm forex supports social and copy trading features, which amarkets does not offer. The two brokers are closely matched on platform offering.
| Feature | amarkets | gcm forex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and gcm forex compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | amarkets | gcm forex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while gcm forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | amarkets | gcm forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and gcm forex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | amarkets | gcm forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |