B

GDMFX

5.6/10

ninjatrader brokerage

8/10
3/10RegulationWinner10/10
6/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

GDMFX was founded in 2012 and is headquartered in Anguilla, while ninjatrader brokerage was established in 2018 and is based in GRENADINES. GDMFX holds licences including Unregulated, while ninjatrader brokerage is regulated by Financial Conduct Authority (FCA) among others. GDMFX serves 10,000+ clients worldwide; ninjatrader brokerage has 10,000+. The minimum deposit is $100 at GDMFX and $250 at ninjatrader brokerage.

ninjatrader brokerage wins this category
FeatureGDMFXninjatrader brokerage
Min. Deposit$100$250
RegulationUnregulatedFinancial 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-F285
Founded20122018
CountryAnguillaGRENADINES
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between GDMFX and ninjatrader brokerage, directly affecting your bottom line as a trader. GDMFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at ninjatrader brokerage). Neither broker charges withdrawal fees. ninjatrader brokerage applies inactivity fees on dormant accounts; GDMFX does not. GDMFX charges deposit fees; ninjatrader brokerage does not. Overall, GDMFX scores higher on fees in our assessment.

GDMFX wins this category
FeatureGDMFXninjatrader brokerage
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

GDMFX offers MT4, MT5, cTrader, while ninjatrader brokerage supports 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. GDMFX edges ahead on platform breadth and functionality in our scoring.

GDMFX wins this category
FeatureGDMFXninjatrader brokerage
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

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

ninjatrader brokerage wins this category
FeatureGDMFXninjatrader brokerage
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. GDMFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ninjatrader brokerage supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ninjatrader brokerage uniquely supports PayPal and Skrill and Neteller among the two brokers. ninjatrader brokerage scores higher on deposit and withdrawal flexibility.

ninjatrader brokerage wins this category
FeatureGDMFXninjatrader brokerage
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both GDMFX and ninjatrader brokerage offer live chat support. Both provide phone support. Email support is available at both brokers. GDMFX supports 2 languages and ninjatrader brokerage supports 8, giving ninjatrader brokerage broader global reach. Both brokers are comparable on support quality.

Tied
FeatureGDMFXninjatrader brokerage
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic