Broker Review: Global Market Index

Global Market Index is a popular name within the trading industry and has been online since 2016. The company is operated by Global Prime Limited, a trusted financial firm established in 2009. Our review will assess this broker’s salient features, helping you make an informed decision as a trader.

Broker at a glance:

Name: Global Market Index

Operating Company: Global Prime Limited

Founded: 2009

Online Presence: Since 2016

Trading Conditions:

Global Market Index presents favorable trading conditions with a low minimum account size of just $15. Such a low entry barrier allows traders of all financial capacities to get started with their investment journey.

The minimum position size is 0.01, an industry standard that allows traders to manage their risk effectively.

The broker also maintains a low spread, thereby ensuring a cost-efficient trading environment for investors.

Unfortunately, US-based traders may need to look elsewhere, as this broker does not allow US Traders.

Regulation:

Global Market Index, in line with other reputable brokers, abides by a serious regulation framework. This is crucial as a regulated broker ensures security and transparency of trading operations.

Broker Features:

This broker provides various top-notch features, designed to make the trading experience smoother and more convenient:

• Trading by Phone: This is a versatile feature allowing traders to execute trades even without internet access.

• MAM: Multi-Account Manager (MAM) assists in managing multiple trading accounts simultaneously.

• VPS: Virtual Private Server (VPS) offers an uninterrupted trading experience, even in the absence of a stable internet connection.

• Segregated Accounts: This safety feature separates the broker's operating funds from the clients' investment funds.

• Personal Manager: Traders with larger investments often require personalized assistance—this service caters precisely to that need.

• Bonuses: Everyone loves an extra perk, and this broker provides bonuses that can be a significant benefit for traders hoping to maximize their profits.

Unusually, the broker has not listed the maximum leverage, a key detail that many traders use to gauge risk-management capability. We recommend reaching out to the broker's customer service for further information on this aspect.

Overall Verdict

Our overall broker average rating for Global Market Index is still under review, and we will provide an update as soon as it is available. Based on the fact that the company has been in the field for a considerable period, coupled with the attractive features it offers, we anticipate a favorable response from traders. Please note that potential traders should consider their risk tolerance and investment goals before finalizing a broker.

As always, conduct your due diligence and happy trading!