Compare forex brokers GMOTrading VS Usgfx

If you're choosing between GMOTrading and Usgfx forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is GMOTrading better than Usgfx? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GMOTRADING VS USGFX

GMOTrading
GMOTrading Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this GMOTrading broker review.

GMOTrading is a global online broker that puts at its clients’ disposal multiple trading instruments that comprise forex, CFDs stock indexes, such as as FTSE Futures and DAX Futures, and commodities such as oil. GMOTrading caters to a wide array of clients worldwide and is 24/5 customer service-available.

With GMOTrading, clients enjoy unlimited access to global financial markets through web-based platforms and downloadable software, anytime, anywhere. Its efficient order execution with zero dealing desk intervention and high level of liquidity give clients the best trading experience on the web.

USGFX
USGFX Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this USGFX broker review.

USGFX is a multi-award winning, multi-asset global FX & CFD broker, enabling clients worldwide to trade currency pairs, indices and commodities in premium trading conditions.

We are great believers in helping our clients grow and prosper as traders. That’s why we provide a full and integrated suite of trader support services ranging from personalised 1-on-1 coaching, industry-leading market analysis and innovative smart trading tools so our clients can make better, more informed trading decisions.

# Broker's Features GMOTRADING Availability USGFX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GMOTrading vs Usgfx.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GMOTrading offers Online Financial Trading and Investment Services Such as N/A, while Usgfx offers Forex, Metal, Indices, Bitcoin.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. GMOTrading is STP, while Usgfx is Broker, ECN.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. GMOTrading recommended minimum capital is N/A, while Usgfx has a Minimum Deposit Requirement of 100.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GMOTrading is regulated by CySec, while Usgfx regulated by ASIC, FCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. GMOTrading offers USD, EUR, GBP different account currencies for each account types, while Usgfx offers USD, AUD, EUR, GBP account currencies.

Languages Available: Next lets have a look at each broker's different Language options. GMOTrading offers English, Italian, Russian, Polish, German, Spanish, while Usgfx offers English, Chinese, Vietnamese, Indoneisan, Malay, A Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. GMOTrading offers Credit card, Bank wire transfer, Skrill, Webmoney, different payment methods for each account types, while Usgfx offers VISA, MasterCard, Wire Transfer, Webmoney, Perfect payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GMOTrading makes MetaTrader4, WebTrader available to clients, while Usgfx offers MetaTrader4/5, WebTrader.

The Verdict: GMOTrading or Usgfx?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Usgfx is more reliable based on our criteria above. Usgfx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Usgfx broker is regulated in more major hubs. Usgfx offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Only Usgfx provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.