amarkets
GDMFX
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while GDMFX was established in 2012 and is based in Anguilla. amarkets holds licences including Financial Conduct Authority (FCA), while GDMFX is regulated by Unregulated among others. amarkets serves 1,000,000+ clients worldwide; GDMFX has 10,000+. The minimum deposit is $250 at amarkets and $100 at GDMFX.
| Feature | amarkets | GDMFX |
|---|---|---|
| Min. Deposit | $250 | $100 |
| 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 | Unregulated |
| Founded | 2016 | 2012 |
| Country | United Kingdom | Anguilla |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets and GDMFX, directly affecting your bottom line as a trader. GDMFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at amarkets). amarkets charges withdrawal fees while GDMFX does not, a notable advantage for frequent withdrawers. amarkets charges deposit fees; GDMFX does not. Overall, GDMFX scores higher on fees in our assessment.
| Feature | amarkets | GDMFX |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
amarkets offers MT4, MT5, cTrader, while GDMFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. GDMFX supports social and copy trading features, which amarkets does not offer. The two brokers are closely matched on platform offering.
| Feature | amarkets | GDMFX |
|---|---|---|
| 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, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and GDMFX compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | amarkets | GDMFX |
|---|---|---|
| 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 GDMFX supports 2 (bank transfer, credit/debit card). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | GDMFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and GDMFX offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and GDMFX supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | GDMFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |