GMI Edge headquarters are located at the Registered address Govant Building, BP 1276 Port Vila, Vanuatu. The broker was launched in the market in the year of 2009. They are an offshore broker that provides online trading services through the MT4 platform. Brokers provide 3 types of accounts in which you can trade which are Standard, ECN, and Cent accounts. Only ECN has a fixed commission of USD 4 per 1 lot.
The broker provides a low minimum deposit that the opening account procedure is quite easy. Support is available 24*5 but at that time also there are times when you couldn’t reach chat support and even if you raise your query you will never be contacted back by the broker om their own. Along with that they do have mentioned about getting expert advisor in every account, but I found that false as I don’t get any advisors for my account.
To be frank, I didn’t find this platform as good as others, the website is easy to understand but it looks old fashioned. The methods of depositing and withdrawing of funds have limited options which is not favorable. The platform also doesn’t provide any educational material from where you can learn new skills.
Though the order execution speed and spread are quite decent, still they lack in a lot of things. Support is not always available, if they are not available then even if you place your request you will never hear back from them. Trading tools are limited, they don’t provide cryptocurrency and CFD to trade in.
Overall, from my experience I won’t be in favor of using this broker when there are much better options available in which you can trade.
The recommended account is ECN because the total service fee is the lowest, swap free, good speed along with that order execution speed is fast.