GMO Trading is a European Forex broker, that is licensed and regulated by CySEC.
Their parent company is Royal Forex Limited, and they are officially located at: Prodromou & Demetracopoulou 2, 4th Floor, 1090, Nicosia, Cyprus. Contact phone numbers from Cyprus is: +357 25 123 223, and the United Kingdom: +44 203 936 4444.
Investors at GMOTrading are given access to the popular Panda MetaTrader4 trading platform, which has a Web Trader and mobile apps for Android & iOS. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities (oil, gold silver), Indices and CFD’s for shares trading.
As a global broker the website is available in the following languages; English, Italian and Russian. Minimum deposit for a new trading account is €250. You can create multiple demo trading accounts to test out the platform and your trading strategies.
Compare this broker with award winning broker Pepperstone.
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GMOTrading’s License & Regulations
The way you know a Forex broker is not a scam is by checking their regulatory status. When you see that they hold a valid license from a financial regulator, you can be sure that they are a legitimate broker.
GMOTrading is a legal CySEC regulated Forex broker since March 18th 2015, when they received license number 269/15. You can see their official license on CySEC’s website. A CySEC licensed broker can offer brokerage accounts to all EU member countries, because they are members of MiFID.
For complaints and issues with withdrawing your money, read this.
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