B

Bulbrokers

5.4/10

GDMFX

5.6/10
6/10WinnerRegulation3/10
6/10FeesTied6/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while GDMFX was established in 2012 and is based in Anguilla. Bulbrokers holds licences including Financial Services Authority (FSA), while GDMFX is regulated by Unregulated among others. Bulbrokers serves 10,000+ clients worldwide; GDMFX has 10,000+. Both brokers share the same minimum deposit of $100.

GDMFX wins this category
FeatureBulbrokersGDMFX
Min. Deposit$100$100
RegulationFinancial Services Authority (FSA)Unregulated
Founded20002012
CountryBulgariaAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bulbrokers and GDMFX, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; GDMFX does not. GDMFX charges deposit fees; Bulbrokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureBulbrokersGDMFX
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Bulbrokers offers 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 Bulbrokers does not offer. GDMFX edges ahead on platform breadth and functionality in our scoring.

GDMFX wins this category
FeatureBulbrokersGDMFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and GDMFX compare. GDMFX has a video library; Bulbrokers does not. GDMFX integrates third-party research tools (Autochartist); Bulbrokers does not. GDMFX scores higher overall in education and research.

GDMFX wins this category
FeatureBulbrokersGDMFX
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while GDMFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBulbrokersGDMFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and GDMFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBulbrokersGDMFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese