In this section we will analyze the GMOTrading broker (also called gmotrading.com), is a Forex and CFDs options broker. Is GMOTrading really recommended to make an investment? Or is it better not to invest with the company?
Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of Royal Forex Lt,.
As to its location, broker mentions being based in Cyprus.
If we analyze the regulation of the broker, is a broker regulated by CySEC (Cyprus Financial Regulatory Body).
If now we go on to analyze account types offered by GMOTrading, we note that it offers 3 types of account: the Silver Account, the Gold Account and the Platinum Account.
Silver Account- Leverage up to 1: 200, withdrawals within a business day, hedging.
It is followed by Gold Account- Up to 1: 400 leverage, one-business-day withdrawals, hedging, dedicated account manager, webinars and videos, 25% swap discount.
The last type of account is the Platinum Account- Leverage up to 1: 500, withdrawals within a business day, coverage, financial news alerts, free VPS, dedicated account manager, webinars and videos, 50% swap discount.
You can see even more features about the GMOTrading broker account types (click aqui to see the image in full size) in the following image:
The platforms to operate that GMOTrading offers are: MT4.
We will now analyze the different resources and aids for traders that GMOTrading provides on its website.
GMOTrading provides the following help or resources to traders or interested parties: basic explanation about the different instruments that are possible to trade, asset index, some videos that explain other concepts in the world of investments with forex mainly, electronic books, tutorials, economic calendar .
According to messages from GMOTrading clients, the broker has advertisements on websites that offer very high and frankly impossible profits, such as mydailylifestyle.co.
According to messages from GMOTrading clients, the broker has advertising on websites that offer very high and frankly impossible profits, such as formulaespanola.com.
Clickerfirm.com website - Bitcoin Profit
According to messages from GMOTrading clients, the broker has advertisements on websites that offer large profits with Bitcoins, as is the case with Bitcoin Profit.
Other information about GMOTrading
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +357 22007575 (Cyprus), +44 2039364444 (UK)
Ending with this section, in our opinion Do we believe that GMOTrading company is trustworthy? Should you invest your money with the company?
The truth is that GMOTrading is a regulated broker and, at least for the moment, we have not found negative evaluations about the company, so it seems a good option.
October 2018 update: Due to the use of fraudulent and misleading advertising by GMOTrading, WE DO NOT RECOMMEND IT.
March 2020 update: The ROInvesting broker is related to GMOTrading
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.