Euro Pacific Bank
GDMFX
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Overview
Euro Pacific Bank was founded in 1978 and is headquartered in Puerto Rico, while GDMFX was established in 2012 and is based in Anguilla. Euro Pacific Bank holds licences including Office of the Commissioner of Financial Institutions (OCIF), while GDMFX is regulated by Unregulated among others. Euro Pacific Bank serves 10,000+ clients worldwide; GDMFX has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Office of the Commissioner of Financial Institutions (OCIF) | Unregulated |
| Founded | 1978 | 2012 |
| Country | Puerto Rico | Anguilla |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Euro Pacific Bank and GDMFX, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Euro Pacific Bank charges withdrawal fees while GDMFX does not, a notable advantage for frequent withdrawers. Euro Pacific Bank charges deposit fees; GDMFX does not. Overall, GDMFX scores higher on fees in our assessment.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Euro Pacific Bank 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.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,Mac,Desktop, | 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 Euro Pacific Bank and GDMFX compare. Euro Pacific Bank runs regular live webinars; GDMFX does not. Both provide video tutorials. Euro Pacific Bank publishes daily market commentary; GDMFX does not. Both integrate third-party research tools. Euro Pacific Bank maintains an archive of past webinars for on-demand viewing. Euro Pacific Bank scores higher overall in education and research.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Euro Pacific Bank 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.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Euro Pacific Bank 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.
| Feature | Euro Pacific Bank | GDMFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |