What is GMI Markets Minimum Deposit? Is it Low or High?
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According to the latest data as of July 2025, the minimum deposit for GMI Markets stands at 15 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union.
GMI Markets | |
---|---|
Minimum deposit | 15$ |
Deposit fee | 0$ |
Bank Wire | Yes |
Visa / Mastercard | No |
PayPal | No |
Open an account Your capital is at risk.
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Are here any fees or charges for making deposits at GMI Markets?
No, there are no fees or charges for making deposits at GMI Markets. However, fees may still be applied by the payment systems used. For example, credit card transactions can incur an average fee of 1-3% from the provider. If the broker does not separately compensate for this amount, you should be prepared for these additional costs.
Deposit fee, % | Withdrawal fee, % | Withdrawal fee, USD | |
---|---|---|---|
GMI Markets | 0 | 0 | 0 |
Plus500 | 0 | 0 | 0 |
Pepperstone | 0 | 0 | 0 |
What deposit methods does GMI Markets support? How long does account funding tipically take?
We have highlighted the popular payment systems and noted those supported by GMI Markets, along with the typical time required for transaction processing on the system's side.
It's important to note that some brokers only process deposits during business hours, so it is advisable to check the working hours with customer support. The availability of the Instant funding option indicates that deposits are processed automatically.
GMI Markets | Typical Deposit Time | |
---|---|---|
Bank Wire | Yes | 1 to 5 business days |
Skrill | Yes | Instant to 1 business day |
Neteller | Yes | Instant to 1 business day |
What are GMI Markets base account currencies?
For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees Conversion fees occur when the deposit currency differs from your brokerage account currency and typically include an exchange rate markup and service charges, increasing your overall trading costs. To avoid conversion fees, fund your trading account in the same currency as your bank account. , simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at GMI Markets with those offered by its competitors.
GMI Markets | Plus500 | Pepperstone | |
---|---|---|---|
USD | Yes | Yes | Yes |
EUR | No | Yes | Yes |
GBP | No | Yes | Yes |
AUD | No | Yes | Yes |
NGN | No | No | No |
ZAR | No | Yes | No |
CAD | No | Yes | Yes |
NZD | No | Yes | Yes |
CHF | No | Yes | Yes |
INR | No | No | No |
JPY | No | Yes | Yes |
Gold | No | No | No |
BTC | No | No | No |
How much money do I need to start trading on GMI Markets?
The minimum amount required to start trading can differ from the advertised minimum deposit on GMI Markets. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.
The required trading amount to start trading on GMI Markets depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on GMI Markets is approximately $33.
Standard Lot | Mini Lot | Micro Lot | |
---|---|---|---|
1:1 | $100,000 | $10,000 | $1,000 |
1:10 | $10,000 | $1,000 | $100 |
1:30 | $3,334 | $334 | $33 |
- Standard Lot: A standard lot is 100,000 units of the base currency.
- Mini Lot: A mini lot is 10,000 units of the base currency.
- Micro Lot: A micro lot is 1,000 units of the base currency.
Does GMI Markets offer a low minimum deposit Сent account?
Yes, GMI Markets offers a Cent account. This means that you can start trading at GMI Markets with a very low minimum deposit, as little as a few dollars. The account balance and trade sizes are displayed in cents instead of dollars, making it easier for beginners to start trading without committing large amounts of money. This type of GMI Markets account is ideal for those who want to practice trading strategies with minimal financial risk
All account types of GMI Markets
Guide on how traders can start earning profits
GMI Markets offers Standard, Cent, and ECN accounts. Each of them is swap-free by default, however this option is only available to Muslim traders. The contract size for the Cent account is 1,000 units of the base currency; for other account types, it is 100,000 units.
Account types:
GMI Markets also offers a demo account that can be opened in any version of MT4.
The variety of trading accounts is an advantage of GMI Markets over brokers who do not provide the opportunity to choose the account type for specific purposes and for professional traders.
How to deposit money to the GMI Markets trading account?
Depositing money into your GMI Markets trading account is simple and quick. Follow these 6 easy steps:
-
Log In to Your Account
- Go to the GMI Markets website https://gmimarkets.com/en or mobile app.
- Enter your username and password to log in to your trading account.
-
Go to the Deposit Section
- Navigate to the "Deposit" or "Funding" section in the main menu or account settings.
-
Select a Payment Method
- Choose your preferred payment method from the options available: Skrill, Bank Wire, Neteller
-
Enter Deposit Details
- Specify the amount you wish to deposit. Keep in mind that GMI Markets minimum deposit is 15$
- Provide the necessary information for the chosen payment method.
-
Confirm the Transaction
- Review your deposit details for accuracy.
- Click "Deposit" or "Submit" to confirm the transaction.
-
Check Your Account Balance
- Once the deposit is processed, verify that the funds are credited to your account balance.
Pro tips for beginning traders
The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.
Many forex brokers offer attractive deposit bonuses ranging from 10% to 100% of your initial deposit. These bonuses can provide extra trading power by augmenting capital, potentially boosting gains.
While bonuses and different promotions from GMI Markets or any broker can be beneficial, especially for new traders looking to increase their trading capital, it's essential to view them as a tool rather than free money. Statistics show that only a small fraction of traders who accept bonuses actually manage to meet all conditions and fully benefit from them.
Key aspects to consider include:
- Most bonuses require you to trade a certain volume before you can withdraw the bonus or profit from its usage.
- Bonuses typically have an expiration date. The average timeframe in the industry is 30 to 90 days.
- Impact on trading strategy - traders with bonuses often are more likely to engage in high-risk trading behaviors.