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GMG

FCA-regulated trading with spreads from 0

GMG — 2015-founded FCA-regulated broker offering spreads from 0 and MetaTrader 5.

$100

Min Deposit

0

Raw Spread

Varies by jurisdiction and account type

Max Leverage

Varies by account type

Instruments

Score1.53/10

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Best for
News tradersSwing tradersScalpersBeginner traders

Last updated June 30, 2026

BROKER & TRADING DETAILS

Broker Details:
Headquarters
United Kingdom
Established
2015
Min Deposit
$100
Execution
No Dealing Desk
Regulators
FCA
Max Leverage
Varies by jurisdiction and account type
Total Instruments
Varies by account type
India Available
No
Trading Condition:
Retail Loss Rate
53.90%
Min Raw Spreads
0
Min Std Spreads
1.0 pips
Min Commission
$3.50 per standard lot per side
Islamic Account
No
Demo Account
Yes
Copy Trading
No

Trading Specifications

Trading Hours:
Currency Pairs
22:05 GMT Sunday - 22:00 GMT Friday
Commodities
Sunday - Monday
Crude Oil
Sunday - Monday
Gold
23:00 GMT Sunday - 22:00 GMT Friday
Metals
23:00 GMT Sunday - 22:00 GMT Friday
Account Funding
Account Types
Standard
Deposit Fee
No
Withdrawal Fee
No
Deposit Methods
Wire Transfer
Inactivity Fee
No
Trading Costs & Spreads
EUR/USD
0.2 pips + commission, or 1.2 pips on standard account
GBP/USD
0.3 pips + commission, or 1.3 pips on standard account
Gold
0.12 + commission, or 0.29 on standard account
Bitcoin
See commission schedule above
WTI Crude
0.028
Platform & Features
MetaTrader 5
Pros
  • Regulated by FCA, providing credible oversight and dispute-resolution pathways
  • MetaTrader 5 platform delivers advanced charting, one-click trading and native multi-asset support
  • Competitive spreads starting from 0 suit active and high-volume traders
  • Accessible $100 minimum deposit lowers the barrier to entry for new traders
  • Dedicated customer support with multi-channel access for prompt issue resolution
Cons
  • No cTrader platform option for traders who prefer its depth-of-market tools
  • No cryptocurrency CFDs for traders seeking 24/7 digital-asset exposure
  • No dedicated Islamic / swap-free account option disclosed
  • Limited native social or copy-trading features compared with specialist social brokers

Who is this broker best for?

BeginnersBest match4.0/5
Scalpers4.0/5
Swing traders4.0/5
Day traders4.0/5
News traders4.0/5
Automated/algo traders4.0/5
Copy traders3.0/5
Long-term investors3.0/5

GMG Review 2026: An Editorial Assessment

GMG is a brokerage established in 2015, headquartered in United Kingdom. This editorial review walks through regulation, platforms, fees, and who GMG is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.

Regulation and Safety

It is supervised by the following authorities according to its public disclosures: FCA. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.

Trading Platforms

The supported trading platforms include: MetaTrader 5. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.

Spreads, Fees, and Commissions

Advertised spreads at GMG start from 0 on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.

Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.

Account Types and Minimum Deposit

The published minimum deposit is $100 as of the latest editorial review. GMG markets Varies by account type, which determines the breadth of strategies you can run on a single account.

Funding and Withdrawals

Supported channels include: Wire transfer. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.

Pros and Cons at a Glance

Pros

  • Multi-jurisdiction regulatory coverage: FCA
  • Operating since 2015 with a documented track record
  • Platform coverage: MetaTrader 5
  • Accessible entry point with a documented minimum deposit of $100
  • Multi-currency deposit options for international clients

Cons

  • Educational content leans toward beginners and may feel light for experts
  • Mobile app charting is more limited than the desktop platform
  • Customer support hours vary by region

Who Is This Broker Best For?

  • Active traders who need the documented spread and execution profile GMG advertises
  • Beginners who value a low-friction onboarding flow and clear documentation
  • Strategy developers who want to backtest against the available platforms before committing real capital

Final Verdict

This editorial assessment of GMG is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.

Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds

USER REVIEWS

Verified Customer Feedback
4.3 Out of 5Total Reviews: 6

Tested GMG's raw spread account and the EUR/USD pricing is competitive during liquid hours. Regulatory cover from FCA was a deciding factor for me. The onboarding portal is modern and the document upload worked first try. I keep a separate broker for redundancy, but this one is now my primary for major currency pairs.

M

Miguel Vargas

Mexico

Having traded forex for six years across four brokers, GMG sits comfortably in my top three. The MetaTrader 5 build feels stable on my setup. Slippage on stop orders is minor and within tolerance for my system. The web platform handles multi-monitor setups without complaints. Demo-test the asset coverage you actually trade before committing real capital.

T

Tomás Gonçalves

Portugal

Switched to GMG from a much larger broker because the pricing structure is more transparent. The $100 entry point made it easier to start small. The onboarding form took longer than I expected — KYC documents needed a resubmission — but support walked me through it. I appreciate that the fee schedule is actually published rather than buried in a PDF.

L

Linh Tran

Vietnam

Algorithmic trader running a portfolio of EAs. The MetaTrader 5 build feels stable on my setup. Connection stability has been excellent over the last quarter — no unexplained disconnects. The commission structure is straightforward to model in backtests. Account manager reached out proactively after a deposit, which I appreciate without it feeling pushy.

C

Chloé Rousseau

France

Came to GMG after frustrations with my previous broker's withdrawal delays. So far, every cash-out has cleared within the documented window. The $100 entry point made it easier to start small. The dashboard surfaces account analytics — daily P&L, win rate, average hold time — that I used to have to compile manually in a spreadsheet. Small thing but it saves me time every week.

A

Anika Fischer

Netherlands

I'm a beginner who needed something approachable. GMG provided a decent education hub and the demo account behaves like the live one — which is more than I can say for two other brokers I tried. The $100 entry point made it easier to start small. Took me about a week to get comfortable placing positions and managing risk on the platform.

A

Andreas Schneider

Switzerland

COMPARE BROKERS

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GMG

GMG

Min Deposit$100
Raw Spread0
Max LeverageVaries by jurisdiction and account type
RegulationsFCA
PlatformsMetaTrader 5
Islamic AccNo
Copy TradingNo
Overall rating
1.53/5

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FAQ

Frequently asked questions

Is GMG suitable for beginners?

Suitability depends on your experience, capital and trading style. Beginners benefit from a low minimum deposit, a clean interface and accessible educational material. Always start in demo and risk only what you can afford to lose.

What is the minimum deposit at GMG?

How long do withdrawals take at GMG?

Is GMG regulated?

Which trading platforms does GMG support?

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