Global Market Index Review 2024

2.5 / 5
Global Market Index is #108 in our CFD broker rankings.

Global Market Index offers multiple asset classes on five powerful trading platforms.

Forex, CFDs, Metals
Visa, Mastercard, Skrill, Wire Transfer

Forex Trading

Major and minor currency pairs including EUR/USD with low spreads.

Stock Trading

GMI offers trading on leading stock exchanges.

CFD Trading

Trade index and commodity CFDs with up to 1:200 leverage and floating spreads.


  • Best Liquidity Provider 2017
  • Best Trading Environment 2017
  • Best Trading Platform Provider 2016
  • Best Forex Broker 2016
  • Fastest Growing Broker 2016
  • Best EA Trading Platform 2016
  • Best Forex Broker 2014
  • Best Forex Broker 2012
  • Best Forex Trading Platform 2012
  • Best Forex Broker 2011

Global Market Index (GMI) is an online broker specialising in trading forex, CFDs and commodities. The broker offers five powerful trading platforms, alongside excellent customer service and transparent pricing. Our 2020 Global Market Index Ltd review covers how to open a live account, payment methods, fees and more.

Global Market Index Headlines

Global Market Index was established in 2009, offering global services from multiple financial hubs, including London and Shanghai. The UK entity, GMIUK, is licensed under the Financial Conduct Authority (FCA) while GMIVN is authorised by the Vanuatu Financial Services Commission (VFSC).

Note: Global Market Index Limited is the registered company name, operating several entities including GMIVN and GMIUK.

Trading Platforms

The broker offers several trading platforms through STP Bridge or ECN solutions. You can download the platforms below to desktop devices or trade through major web browsers.

STP Bridge Platforms

GMI MetaTrader 4

GMI MetaTrader 4
GMI MetaTrader 4

GMI Alpine Trader

GMI Alpine Trader
GMI Alpine Trader

Note: This platform is not available for GMIUK clients.

ECN Platforms

GMI ClearPro

GMI ClearPro
GMI ClearPro


Global Market Index mtf

Note: This platform is not available for GMIUK clients.

GMI Currenex

Global Market Index currenex
GMI Currenex

Note: This platform is not available for GMIUK clients.

Trading Products

Global Market Index offers clients investing and trading opportunities in the following markets:

Unfortunately single stocks and cryptocurrencies are not offered.


The various account options allow clients to choose between flexible leverage and trading size, with tight floating spreads. The spread offerings are not listed on the broker’s website, however standard EUR/USD spreads, for example, start at 1 pip. Global Market Index does not charge a trading commission on any transactions.

Note, the broker does charge swap rates for positions held overnight, further details of which can be found on the company website.


Leverage varies by account type and trading entity due to regulatory requirements. GMIUK is regulated by the FCA and complies with ESMA regulations, capping leverage at a maximum of 1:30 for forex pairs. All MT4 accounts offer leverage between 1:50 and 1:200 with ECN accounts offering tighter leverage between 1:50 and 1:100.

Mobile App

Although not mentioned on the broker’s website, MetaTrader 4 (MT4) is available as a mobile trading tool, compatible with iOS and Android devices. The application allows for complete account management and price analysis from your mobile or tablet device.

Global Market Index GMI MT4 mobile app
GMI MT4 mobile app



Minimum deposits vary by account type. The lowest deposit requirement is $2,000 with the standard account, which is relatively high for new traders vs other brokers. GMI offers several payment methods for live account deposits in USD, EUR, and GBP:


Global Market Index does not charge for withdrawals. Unfortunately the broker doesn’t provide details on processing times, so clients should be prepared to wait several days before receiving any profits.

Demo Account

The broker offers demo accounts on its different trading platforms. Demo accounts are a good way to get familiar with the platforms offered and to test strategies in a risk-free setting. Once satisfied, clients are free to open a live account.


At the time of writing, Global Market Index Limited does not offer any promotions to new or existing clients, this includes no deposit bonuses.

Regulation Review

The UK entity, GMIUK, is licensed under the Financial Conduct Authority (FCA). The FCA is a respectable regulatory body and a good sign that the broker can be trusted.

GMIVN is authorised by the Vanuatu Financial Services Commission (VFSC). Unfortunately this agency isn’t as reputable – allowing for the quick and easy setting up of companies with limited client protection.

Additional Features

Global Market Index offers little in the way of additional trading features. There is no education platform or training tools. Our review has to flag this is a major downside, particularly for beginners who may benefit from extra analysis features and learning services.


The broker offers four different account types, three are MT4 accounts with STP connection, and one offers ECN bridging. All accounts present tight floating spreads, flexible trade sizes, and varying leverage to suit the needs of different clients.

A key difference between account options is the minimum deposit requirement:



Trading Hours

Global Market Index follows standard office hours and 24-hour trading hours Monday to Friday. With that said, trading sessions may vary by market.

Customer Support

GMI offers a range of customer support options, available 24/5:

GMI Offices
GMI Offices


The GMI group assures client funds are secured in segregated accounts. Member areas and portal access are password protected. The MT4 platform provides high-tech encryptions, secure logins, and industry-standard data privacy.

GMI Verdict

Global Market Index provides opportunities for traders of different abilities on the established MT4 and bespoke GMI platforms. With that said, minimum deposit requirements are high compared to other brokers, which should should be considered before opening a live account.

Top 3 Alternatives to Global Market Index

Compare Global Market Index with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade
  3. Swissquote – Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
    Go to Swissquote

Global Market Index Comparison Table

Compare Global Market Index With Similar Brokers
Global Market Index IG AvaTrade Swissquote
Rating 2.5 4.4 4.9 4
Markets Forex, CFDs, Metals CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent)
Demo Account Yes Yes Yes Yes
Minimum Deposit $2000 $0 $1000
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Education No Yes Yes No
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, AutoChartist, TradingCentral
Leverage 1:200 1:30 (Retail), 1:250 (Pro) 1:30 (Retail) 1:400 (Pro) 1:30
Payment Methods 4 6 13 5
Visit Visit Visit Visit Visit
Review IG

Compare Trading Instruments

Compare the markets and instruments offered by Global Market Index and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Global Market Index Trading Instruments
Global Market Index IG AvaTrade Swissquote
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No No Yes No
Crypto No Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No Yes No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes No

Global Market Index vs Other Brokers

Compare Global Market Index with any other broker by selecting the other broker below.


Customer Reviews

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Global Market Index offers multiple asset classes on five powerful trading platforms.


What trading platforms does Global Market Index offer?

GMI offers five trading platforms: GMI MetaTrader 4, GMI Alpine Trader, GMI ClearPro, GMI MTF and GMI Currenex. The choice ensures both beginners and experienced traders are catered for.

What is the minimum deposit at Global Market Index?

The lowest minimum deposit requirement is $2,000 with the standard account. This climbs to a hefty $100,000 for the ECN account.

Is Global Market Index regulated?

Yes, GMIUK is regulated and authorised by the FCA. GMIVN is regulated by VFSC. This ensures the broker is licensed to operate in multiple jurisdictions worldwide.

Does Global Market Index offer a demo account?

Yes, a demo account is offered on trading platforms. Traders can then sign up for a live trading account when ready.

What customer support options does Global Market Index offer?

GMI customer support is accessible 24/5 via telephone, email, online contact form and live chat.