GMO Trading
ABOUT
GMO Trading was founded in 2017 and it is owned and operated by Royal Forex Ltd., a Cyprus based company registered and regulated by CySEC. Likewise, and to comply with European regulations, it is subject to the MiFID regulation. GMO Trading is offering a wide range of CFDs for trading, covering Forex, Commodities, Stocks, Metals, Indices and Cryptocurrencies.
- Regulated By: CySEC
- Year of Foundation: 2017
- Headquarters: City Home 81, 3rd Floor, 128-130 Limassol Avenue, 2015 Strovolos, Nicosia, Cyprus
- Min deposit: $ 250
ACCOUNTS
With GMO Trading you have 3 different types of trading accounts to choose from: Silver Account, Gold Account and Platinum Account. To open a Real Account, you must make a minimum deposit of $250. Also Islamic account is available on request.
 SILVER |
 GOLD |
 PLATINUM |
|
|---|---|---|---|
| Spreads | |||
| EUR/USD | 2.2 | 1.3 | 0.7 |
| GBP/USD | 2.8 | 2 | 1.3 |
| USD/JPY | 2.3 | 1.5 | 0.8 |
| AUD/USD | 2.8 | 1.8 | 1.1 |
| USD/CHF | 2.6 | 1.6 | 0.9 |
| USD/CAD | 2.9 | 1.9 | 1.2 |
| NZD/USD | 3.1 | 2.1 | 1.4 |
| EUR/GBP | 2.6 | 1.6 | 0.9 |
| Gold | 0.59 | 0.48 | 0.37 |
| Crude Oil | 0.07 | 0.05 | 0.03 |
| Dax | 2 | 1.5 | 1 |
| Services | |||
| News Alert | ✖ | ✖ | ✔ |
| Free VPS | ✖ | ✖ | ✔ |
| Dedicated Account Manager | ✖ | ✔ | ✔ |
| Webinars & Videos | ✖ | ✔ | ✔ |
| Islamic | ✔ | ✔ | ✔ |
| Full 10-hour support from 10am - 8pm GMT | ✔ | ✔ | ✔ |
| Fifth Decimal | ✔ | ✔ | ✔ |
| Hedging | ✔ | ✔ | ✔ |
| Swap Discount | None | 25% | 50% |
PLATFORM, INSTRUMENTS
GMO's main platform is the MetaTrader 4 (MT4) platform, the most well-known platform in the industry, adopted by the forex and CFDs trading industry. Of course, WebTrader and MobileTrader.
At GMO Trading you can choose from wide range of CFDs for trading, covering Forex, Commodities, Stocks, Metals, Indices, including over 30 cryptocurrency.
| INSTRUMENT CLASS | NUMBER OF INSTRUMENTS |
| Currencies | 50 |
| Cryptocurrency pairs | 33 |
| Indices | 16 |
| Commodities | 17 |
| US stocks | 79 |
| European stocks | 76 |
| Australian stocks | 39 |
CUSTOMER SUPPORT
The client support desk works from Monday to Friday from 7:00 to 17:00 GMT. and it can be contacted through email, live chat or by telephone.
CONCLUSION
Coin Dealing - The Crypto Portal have tested and highly recommends GMO Trader as a trusted Forex Trading Platform considering the safety of your money, the competitive spreads and commissions, the trading experience and the variety of the available instruments and deposit/withdraw methods.
Risk Warning:
Investing in GMO Trading’s derivative financial products may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you afford to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.
80% of retail investor accounts lose money when trading CFDs with GMOTrading.
53% of those clients that lost money lost less than GBP500 (or currency equivalent).
GMO Trading is a trading name of (HE 336694) authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No. 269/15 (the ‘Company’).