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High standard of security for online transactions Read more. Few reviewers complained about delay in payments but most had their problems solved by the support team.
Prospective and existing traders can reach the customer care through a number of channels. Only two phone numbers from UK and Cyprus are available for support.
The phone numbers are easy to reach and the support assistants are willing to help. Response is by email and usually within a day. There are also two email addresses for support through email.
Instant web chat facility is also available on the website and can be accessed from every page. Response is quick but not as efficient as phone support.
Some reviewers reported of incompetence on the part of the chat support assistants. GMO Trading provides trader education in form of eBooks, videos and tutorial courses.
These tutorials are beneficial to beginner traders. Intermediate traders will most likely benefit too but advanced traders will not find the trainings useful.
These trainings are all offered free of charge. The trainings focus on introduction to forex, terminologies used, trading instruments and MT4 training.
It also covers trading styles, strategies and analysis. There are lots of useful articles on a variety of topics like; investment options, cryptocurrencies, financial assets, trading methods, technical analysis, etc.
They also hold webinars from time to time. On the website, there are daily review videos posted everyday to assist a trader in making his trading decisions.
The website also features an Economic Calendar. The range of trading assets available on their Demo account is limited compared to the full asset list on the Real account.
If I were to judge them based on the Demo experience, I would say the offering is too small. One of the main ways to see if a broker is a scam or not is to check their regulation.
A broker with full regulation is constantly audited, asked to submit compliance documents and has to maintain strict capital requirements among other things.
Well, a couple of things: this broker relies on buzzwords and hype a bit too much so I would say their marketing team is a bit overzealous. Leverage info for retail clients is available under Trading Conditions max.
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