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Directshares logo

Directshares

7.3/10

GDMFX

5.6/10
6/10WinnerRegulation3/10
4/10FeesWinner6/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Directshares was founded in 2007 and is headquartered in Australia, while GDMFX was established in 2012 and is based in Anguilla. Directshares holds licences including The Portuguese Securities Market Commission (CMVM), while GDMFX is regulated by Unregulated among others. Directshares serves 10,000+ clients worldwide; GDMFX has 10,000+. Both brokers share the same minimum deposit of $100.

Directshares wins this category
FeatureDirectsharesGDMFX
Min. Deposit$100$100
RegulationThe Portuguese Securities Market Commission (CMVM)Unregulated
Founded20072012
CountryAustraliaAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Directshares and GDMFX, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Directshares charges withdrawal fees while GDMFX does not, a notable advantage for frequent withdrawers. Directshares charges deposit fees; GDMFX does not. Overall, GDMFX scores higher on fees in our assessment.

GDMFX wins this category
FeatureDirectsharesGDMFX
Min. Deposit$100$100
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Directshares offers MT4, MT5, cTrader, while GDMFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureDirectsharesGDMFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,iOS,MacBook,iPhoneMT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Directshares and GDMFX compare. Directshares runs regular live webinars; GDMFX does not. Both provide video tutorials. Directshares publishes daily market commentary; GDMFX does not. Both integrate third-party research tools. Directshares maintains an archive of past webinars for on-demand viewing. Directshares scores higher overall in education and research.

Directshares wins this category
FeatureDirectsharesGDMFX
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Directshares 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
FeatureDirectsharesGDMFX
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 Directshares 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
FeatureDirectsharesGDMFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese