GMFX Fund Management (gmfxlogin.com) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!gmfx-fund-gmfxfund-com--2109 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: gmfxlogin.com.
I trusted GMFX Fund Management (gmfxlogin.com) 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: Copy trading available|Competitive fees|Clear documentation|High security standards
Cons: Currency conversion fee exists
KYC with GMFX Fund Management (gmfxlogin.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Easy withdrawals|Excellent charting|Educational resources|Portfolio tracking tools
Cons: No fractional shares|Withdrawal takes 1-2 business days
After spending for the past six months trying to make GMFX Fund Management (gmfxlogin.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multi-device support|Customizable dashboard
Cons: Minimum deposit could be lower|Slow to add new assets