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Global Markets Group is a forex broker located in the UK, regulated by the Financial Conduct Authority (FCA).
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Global Markets Group accepts clients from all over the world, excluding USA, Canada, Belgium, Japan and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
Global Markets Group, also known as GMG Markets, is a UK-based forex and CFD broker established in 2015. The broker is regulated by the Financial Conduct Authority (FCA), one of the most respected and strict financial regulators in the world. This ensures a high level of transparency, customer protection, and operational integrity, but it also means that the broker must comply with regulatory measures imposed by the European Securities and Markets Authority (ESMA). These include things like limitations on leverage for retail traders and strict requirements for client fund segregation and negative balance protection.
Global Markets Group operates from its headquarters in London, and offers commission-free STP execution, as well as commission-based ECN execution with very tight spreads on major forex pairs. The broker has no dealing desk that intervenes in clients' trades.
As usual with forex brokers in the UK and EU, maximum leverage is capped at 1:30 for retail clients. While this is lower than what offshore brokers usually offer, it should in most cases be enough for disciplined and serious traders. Professional clients who meet specific criteria may still be eligible for leverage of up to 1:100, in accordance with FCA and ESMA regulations.
GMG Markets is available to clients from most regions around the world, with the exception of sanctioned countries and countries where local restrictions apply. These include the United States, Canada, Belgium, and Japan, among others.
One of the things that stand out with Global Markets Group is its integration with Autochartist, a very popular MetaTrader plugin that analyzes market technicals, fundamentals, volatility and even quantitative data to help traders find an edge. Additionally, the broker provides access to educational guides on fundamental and technical analysis, catering to newer traders and to those who want to improve their skills.
In terms of trading instruments, GMG Markets offers a range focused mainly around forex pairs, with more than 70 such pairs supported. Besides forex, the selection includes 11 stock market indices, including leading benchmarks such as the S&P 500, FTSE 100, and DAX, as well as precious metals, oil and natural gas. As with most brokers we have reviewed, these assets are all traded as leveraged contracts-for-difference (CFDs).
Trading is conducted on the MetaTrader 5 (MT5) platform, available both as a downloadable platform and a web terminal. MT5 is a powerful and popular trading platform, especially among traders who require advanced tools and support for algorithmic trading strategies (known as Expert Advisors on MetaTrader). While the older MetaTrader 4 is not available, MT5 offers all the features needed for both beginners and experienced traders.
Accounts can be opened with a minimum deposit of 100 GBP, which makes the broker accessible to those who are just starting out. However, funding and withdrawal options are somewhat limited, with bank wire transfer being the only available method. Funds can be transferred to the broker in either USD, EUR or GBP.
In conclusion, Global Markets Group is a well-regulated broker ideal for those who value strong oversight, competitive spreads, and access to advanced and popular trading tools like MT5 and Autochartist. While its leverage is restricted and its product range is narrower than some offshore brokers, its regulatory credentials, MT5 platform, and competitive pricing should still make it an interesting broker to consider for many traders.
