What is GMT MARKETS?
GMT MARKETS is a forex and CFD broker based in Australia, listed with a foundation year of 2018. It offers leverage up to 200:1, spreads from 0.6 pips and a minimum deposit of $500. Clients trade on , Mobile MT4,Web Platforms and More Trading Platforms and on mobile.
Is GMT MARKETS safe and regulated?
GMT MARKETS is regulated by Australia, licensed and regulated by ASIC. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
GMT MARKETS account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $500 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | No |
Trading platform and conditions
GMT MARKETS provides , Mobile MT4,Web Platforms and More Trading Platforms, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.6 pips are available on raw pricing, with a commission per lot.
- Leverage up to 200:1 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
GMT MARKETS supports 6 funding methods, including Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
GMT MARKETS bonus: Yes
How the promotion works
The current GMT MARKETS promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the GMT MARKETS website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
GMT MARKETS pros and cons
Pros
- Raw spreads from 0.6 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP and Mini accounts
- 6 deposit methods
- Regulated by a tier-1 authority
Cons
- $500 minimum deposit is higher than some rivals
How to open a GMT MARKETS account
- RegisterVisit the GMT MARKETS website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini or a standard account, and your base currency.
- Fund the accountDeposit at least $500 with Credit/Debit Card, Neteller, Skrill or another method.
- Start tradingLog in to , Mobile MT4,Web Platforms and More Trading Platforms or the mobile app and set your risk per trade.
Is GMT MARKETS a good broker? Our verdict
GMT MARKETS suits active traders who want raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.