Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading in CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Account
Standard
MetaTrader 5
$0.0
0.6
Account
RAW Spread
MetaTrader 5
$3.5
0.0

COMPARE ACCOUNT FEATURES

Why Choose Our Raw Spread Account?

Our Raw Trading account offers some of the lowest possible spreads available. Our average EUR/USD spread is 0.2 pips, with only a small commission of $3.50 per lot payable per side. Working with top level liquidity providers, Global Markets Group Raw Spread Account was built for day traders, scalpers and expert advisors. The Global Markets Group MetaTrader 5 Trading platform is the preferred choice for active day traders globally.

Account
Standard
h1
Account
Standard
Account
RAW Spread
Account
Elective PRO
Trading Platform
MetaTrader
MetaTrader
MetaTrader
Commission (per lot)
$0.0
$3.5 ($7.0 per lot roundturn)
$3.5 ($7.0 per lot roundturn)
Spreads from (pips)
0.6
0.0
0.0
Starting Deposit (USD)
$200
$200
$200
Leverage
1:30
1:30
1:100
Maximum number of position orders per account
200
200
200
Server Location
London
London
London
Micro Lot Trading (0.01)
Currency Pairs
71
71
71
Index CFD Trading
Stop Out Level
50%
50%
50%
One Click Trading
Trading Styles Allowed
All
All
All
Order Distance Restriction
None
None
None
Programming Language
MQL5
MQL5
MQL5

Elective Professional Account Reclassification

• If you are a highly experienced trader, you may be able to apply for reclassification from retail to elective professional account status.

• Your account will not be subject to regulatory protections which apply to less experienced (retail) traders.

•Your account leverage will be set to 100:1, however, remember that with increased leverage comes increased risk.

• Your money will remain in a segregated client bank account unless we inform you otherwise.

• As an individual, you could be eligible to use the Financial Ombudsman Service, if you are not satisfied with the outcome of a complaint to us.

• We may assume that you possess a satisfactory level of knowledge and experience when assessing whether our products are appropriate for you.

• We may prioritise other factors, such as speed and likelihood of execution, if we determine they are equally or more important than overall price, however, this will not change the way we execute your orders.

• You have the right to request a different categorisation at any time should you require a higher level of regulatory protection.

Reduced Trading Restrictions and Protections

Please read the following information carefully and remember that as a professional client you will be entitled to fewer regulatory protections than you would be entitled to as a retail client.

Increased Leverage on CFDs

Leverage restrictions applicable to retail clients do not apply to professionals. But remember, with increased leverage comes increased risk.

Disclosures

We can use more sophisticated language when talking to our professional clients. However, we shall always communicate in a clear, fair, and not misleading way.

Knowledge and Experience

We may assume that you possess a satisfactory level of knowledge and experience when assessing whether our products are appropriate for you.

Financial Services Compensation Scheme

Professional Clients may not be eligible to benefit from the Financial Services Compensation Scheme (FSCS) which may benefit Retail Clients; the eligibility to make a claim under the FSCS is contingent upon several factors.

Check Whether You Qualify

If you are a professional trader, you can apply to be reclassified elective professional program. If you meet at least two of the following criteria, you may be eligible to reclassify as an elective professional client:

• You own a financial portfolio the value of which exceeds EUR 500,000;

>Size of portfolio: The size of your investment portfolio (held with gmgmarkets.co.uk and/or other providers), is defined as including cash deposits and financial instruments, exceeds EUR 500,000. If your portfolio is held outside of gmgmarkets.co.uk, we may ask you for scanned copies of statements from other providers.

• You have placed at least 10 relevant trades of significant size over the last four consecutive quarters;

>Trade size and volume: You must have carried out transactions, in significant size, in a relevant product with an average frequency of at least 10 per quarter during the previous four quarters (with gmgmarkets.co.uk and/or other providers). The average frequency of trades can be at one provider, or a combination of. We will ask you for scanned copies of statements for any trade activity outside of gmgmarkets.co.uk.

• You work, or have worked, in the financial services industry for at least one year in a professional position that requires knowledge of relevant products.

>Professional Trading Experience:You work, or have worked, in the financial services industry for at least one year in a professional position that requires knowledge of relevant products. We will ask you for details of your role and how it has provided you with sufficient knowledge and experience and may require you to provide evidence of this if necessary.

As a professional client, you will waive some regulatory protections afforded to retail clients. For more information visit our Client Categorisation Policy If you wish to apply for Elective Professional Account Reclassification, please contact us at: compliance@gmgmarkets.co.uk