fx global markets
GDMFX
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Overview
fx global markets was founded in 2017 and is headquartered in United States, while GDMFX was established in 2012 and is based in Anguilla. fx global markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while GDMFX is regulated by Unregulated among others. fx global markets serves 10,000+ clients worldwide; GDMFX has 10,000+. The minimum deposit is $250 at fx global markets and $100 at GDMFX.
| Feature | fx global markets | GDMFX |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Unregulated |
| Founded | 2017 | 2012 |
| Country | United States | Anguilla |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx global markets 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 fx global markets). fx global markets charges withdrawal fees while GDMFX does not, a notable advantage for frequent withdrawers. fx global markets charges deposit fees; GDMFX does not. Overall, GDMFX scores higher on fees in our assessment.
| Feature | fx global markets | GDMFX |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
fx global markets 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 | fx global markets | 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 fx global markets and GDMFX compare. fx global markets runs regular live webinars; GDMFX does not. Both provide video tutorials. fx global markets publishes daily market commentary; GDMFX does not. Both integrate third-party research tools. fx global markets maintains an archive of past webinars for on-demand viewing. fx global markets scores higher overall in education and research.
| Feature | fx global markets | 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. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while GDMFX supports 2 (bank transfer, credit/debit card). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | fx global markets | 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 fx global markets and GDMFX offer live chat support. Both provide phone support. Email support is available at both brokers. fx global markets supports 8 languages and GDMFX supports 2, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | fx global markets | 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 |