Who’re GMA Pros
GMA Pros is an online trading platform that offers simple trading environments to respond to all forms of investors. GMA Pros is nascent in the space of online brokers. It’s supervised strictly by the Financial Conduct Authority, adhering to KYC, CFT, and AML regulations. Though they are new, the platform is doing well above others that have been around.
what regulatory body is behind GMA Pros
The body regulating GMA Pros is:
- Financial Conduct Authority: the FCA has investigative as well as enforcement power to regulate financial services firms. It is also responsible for providing healthy competition in ensuring that relevant markets function properly.
The GMA Pros also adheres to the following policies:
- KYC: which means knowing your customers, is an important process in verifying and Identifying the client’s identity when registering an account. To ensure they are truly who they claim to be.
- CFT: combating financial terrorism it’s a government Law made to restrict access to funding or other financial services by those who are termed as terrorists.
- AML: the main objective of this is to set a standard globally to ensure Anti-money laundry compliance.
What product does GMA Pros offer?
- Cryptocurrencies
- Indices
- Commodities
- Stocks
- Forex
- Currencies
How can beginners trade with GMA Pros?
A Lot of people try their hands on online trading each year but most times walk away broke or a lot wiser, those who fail have one thing in common. More often than not, the failures haven’t mastered the skills needed to turn the odds in their favor.
However, if enough time is taken to drill in learning, success is a swing shot away.
New Investors should set their intentions right, understand their risk level, and learn trade intricacies.
Some helpful tips include:
- Read a market crash course
- Open a trading account
- Practice trading
- Learn to analyze
Types of a trading account on GMA Pros
There are two types of trading accounts available on GMA Pros, which include
:
- Beginners Trading account
- Professional or Expert Trading account
Opening account
To open a Trading Broker’s Account fill out KYC information including names, proof of identity, proof, proof of address, emails, etc.
Deposit the minimum deposit associated with the GMA Pros.
Deposits and withdrawals
Funding your account, and transferring funds from your trading account to your account are simple processes in the GMA Pros.
GMA Pros accepts qiwi, Visa, MasterCard, sofort, skrill, Bitcoin, WebMoney as well as a wire transfer.
Fees and Commission
There are different fees and Commission structure that exists depending on the type of account an investor operates.
GMA Pros developed fees and Commission structure to encourage clients to seek leverage and increase their earnings. As an investor’s earnings and deposits increase, their fees and Commission decreases.
Benefits of trading with GMA Pros
- The platform offers considerable exchange rates.
- It provides trading signals.
- It’s easy to trade on the site.
- Reliable and secure.
- GMA Pros has more than 8000 varieties of CFDs to choose from.
What are the risks of trading with GMA Pros?
Undoubtedly, trading worldwide is associated with some risks, which is why it is important to make informed decisions when choosing a broker.
Risk increases anytime the investor leverages their earnings and investment. With GMA Pros there are some risks to consider, they don’t make available any form of technicality to stop loss. This means when your investment goes wrong, the platform is not responsible to stop it automatically.
Are GMA Pros reliable?
Weighing the possible risks and benefits, it’s safe to say GMA Pros is a reliable choice. Although the brokerage company is new in the online trading space on reasonable ground, they are so competitive with other established platforms.
Conclusion
As a user, It’s okay to experiment with different choices before finding a root, but it is important to understand that what works for the other person might not work for you. A lot of people try something new, with a GMA Pros, that comes with better features and has more reliability as well as effective security.
Disclaimer:
Ensure to do your research before trading and always invest what you can afford to lose.