Forex Broker Inc vs Global Markets Group

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Forex Broker Inc currently holds a lower overall rating (4) compared to Global Markets Group (4.9). Forex Broker Inc has a higher minimum deposit than Global Markets Group, at 100.0. Both platforms offer their clients demo accounts, mobile trading, scalping. Traders should note that Forex Broker Inc offers a minimum lot size of 0.001 and a maximum lot size of 20.0, while Global Markets Group offers 0.01 and 100.0. Forex Broker Inc offers a greater leverage limit of 1:500, whereas Global Markets Group allows a maximum of only 1:100.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4/5 (3 reviews)
4/5
4/5
4/5
4/5
4.9/5 (4 reviews)
5/5
5/5
5/5
4.7/5
Minimum deposit ($) 100.0 0.0
Commission 1.0 2.5
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.001 0.01
Maximum lot size 20.0 100.0
Spread Variable Variable
Broker type STP, ECN Matched Principal
Maximal leverage (1:?) 500 100
Availability STP, ECN Matched Principal
Regulation No Regulation FCA (UK)
Trading Platforms MetaTrader 4 (MT4), Web Platform, Mobile Platform MetaTrader 5 (MT5), Web Platform, Mobile Platform
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Neteller Wire Transfer
Account Currency USD, EUR, JPY USD, GBP, EUR
Languages English, Russian English
Country Marshall Islands United Kingdom
Trading platform(s) timezone Malta United Kingdom
Other trading instruments Indices, Commodities, Energies, CFDs Indices, Commodities, Energies, CFDs, Precious Metals, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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