Global Metal and Commodities Exchange has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.gmcex.com.
Global Metal and Commodities Exchange offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Full transparency|Personal attention|Clean UI|Regular platform improvements
Cons: No dark mode on mobile
Customer support at Global Metal and Commodities Exchange seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multi-device support|Tax reports included|Low minimum deposit|Multiple order types
Cons: No fractional shares
I trusted Global Metal and Commodities Exchange with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Tax reports included|Full transparency
Cons: Limited demo account features|Wait times can be long during peak hours