GDMFX Review – Scam, Deposit, Withdrawal, Demo & More
Are you interested in trading binary options or currencies? If so, you’re going to need a good broker. Some people like GDMFX, while others believe that it might be a little shady. This specific broker provides users with an advanced platform. It is easy to use and more than capable of helping you making money. Users will also receive daily trading signals and unlimited technical analysis. Additional details about this broker will be provided below, so you can determine whether or not it is right for you.
Company Behind GDMFX
According to their website, GDMFX is operated by Global Derivative Capital Markets NZ Limited. The company is registered in New Zealand. It has the Number 3945518 with the New Zealand Company’s Office. It has been in business for a limited number of years having been based in Auckland, New Zealand since just August of 2012. At face value, the company does appear to be completely legitimate. However, there is some speculation that it might not be. Users should tread carefully.
GDMFX has really gone to great lengths to ensure that consumers have little to no trouble depositing money into their accounts. In fact, the company offers just as many deposit methods as everyone else. For instance, you can perform a bank transfer or use your Visa or Mastercard to get money into your account. Other options include Skrill, Neteller and Bitcoin. Many of the methods offer instant processing time with zero fees or commissions. Local deposit methods may also be available for some locations. Just remember that the company requires a $100 minimum deposit to get your account open.
No US Or New Zealand Customers
Certain governmental restrictions and company policies actually prevent GDMFX from serving everyone. If you reside in the United States or New Zealand, you’ll be required to find another broker. This is very strange considering that the company is based out of New Zealand. It may also be impossible to open an account in Afghanistan, Botswana, Cuba, Cyprus, Egypt, Iraq, Iran, North Korea, and many other countries. A lot of people will find themselves unable to open an account from the get-go, due to these restrictions.
One of the good things about GDMFX is the fact that it relies on the very familiar MetaTrader 4 platform. There is a desktop, mobile and web version of the software. This guarantees that you’ll be able to use your GDMFX account from pretty much anywhere in the world. Plus, there is a good chance that you’ve already used this trading platform in the past. If not, you shouldn’t worry too much. It is very easy to use.
Eventually, you’re going to make money and you’ll want to gain access to that money as quickly as possible. The good news is that GDMFX offers a wealth of withdrawal options, so you shouldn’t have any trouble finding one that suits your needs. You can use the same methods as you would for depositing. You can choose between credit card, bank transfer, Skrill, Neteller and Bitcoin. However, it should be noted that the withdrawal time is not instant, unless you choose Bitcoin. If you choose another option, you’ll likely have to wait for at least two days to get your money.
At the end of the day, it appears that GDMFX has a lot of great features. The withdrawal and deposit methods are definitely a bonus. The company is also registered in New Zealand. Nevertheless, there is some doubt about the company’s legitimacy. It could be safe, but users should undoubtedly proceed with caution when signing up for an account with this broker.