QUICK FACTS
Account Minimum: $0
Products: Stocks, Crypto, Forex, Bonds, Mutual Funds, ETFs, Futures & Commodities
Fees: Zero commissions for stocks
Why We Choose GMT Centrum
GMT Centrum mainly started as a beginner-level trading platform, but the broker has continually transformed its practices and policies to widen its appeal. Today, it attracts a fair share of beginners, passive investors, and active traders. Here are the reasons to consider trading with GMT Centrum.
Diverse product offerings
GMT Centrum has a robust portfolio that comprises a vast selection of high-growth assets and fixed-income products. Whether you are looking to invest in traditional investments, new asset classes, or other unique products, GMT Centrum has extensive offerings for both retail traders and institutional investors.
Intuitive trading programs
GMT Centrum offers desktop, web, and mobile trading platforms. The versions feature several easy-to-use pre-built and customizable tools for a streamlined trading experience. Users can access robust fundamental and technical functionalities that enable them to pursue their preferred investment strategies with fewer risks.
Low fees
While GMT Centrum is not the leading low-cost brokerage, it has wavered several typical trading costs such as account minimums, inactivity fees, domestic wire commissions, and account transfer or closure fees. Besides, the broker allows zero-commission stock trading.
Excellent customer service
Many traders and investors will find GMT Centrum relatively easy to love because of the 24/7 customer support. The broker has a toll-free phone line, dedicated email and messaging platforms, and online chats that you can use to engage their customer service team around the clock.
Overview
GMT Centrum has repeatedly featured alongside many renowned names in the industry as one of the best online brokers. Most traders and investors are attracted to its diverse product offerings, intuitive trading platforms, excellent customer support, and low fees. Besides, GMT Centrum also boasts broader market access, covering numerous local and international markets across more than 150 countries. However, the trading platforms have limited customizability and geographical coverage.
Pros
- Diverse product offerings
- Intuitive trading programs
- Low fees
- Excellent customer service
Cons
- The customizability of the trading tools is a bit limited
- Trading platforms are not accessible in some countries
What Do They Offer?
GMT Centrum emphasizes vast product offerings that cater to the unique demands of retail traders and institutional investors. The following are the tradeable assets on GMT Centrum.
| Stocks | Crypto | ETFs | Options |
| Forex | Mutual Funds | Bonds | Commodities |
GMT Centrum frequently adds new products to its portfolio based on customer demand. The products are available to all clients, regardless of your level or the trading platform that you are using.
Trading Experience
The trading experience on GMT Centrum desktop, web, and mobile versions is generally seamless and intuitive. The broker has designed the platforms with similar tools and features that streamline the user experience for all traders. This broker’s platforms leverage the smart order routing technology that ensures excellent trade executions at the most low-cost market centers.
GMT Centrum desktop, web, and mobile versions provide various fundamental and technical tools. The standard features and amenities accessible on all the platforms include charts, trading idea generators, live data streaming, multi-leg options, screeners, evaluators and calculators, portfolio analysis, news, and research.
The broker has streamlined the web version and mobile app for beginners and less-active traders. The desktop version is more robust, with technical tools best suited to seasoned traders and investors.
Costs
GMT Centrum allows free online stock trading and has also eliminated account minimums, domestic wire transfer fees, checking fees, inactivity fees, and account closure or transfer fees. Although other transactions attract different commissions and margin interest rates, GMT Centrum’s costs are below the industry average. Check out their website for a comprehensive fee schedule and pricing policy.
Customer Service
GMT Centrum has multiple options that you can use to get in touch with them 24/7, including a toll-free phone line, email and messaging service, online chats, and a chatbot. You can also talk to live brokers across all the trading platforms, but placing trades through a broker may attract additional fees.
Final Verdict
GMT Centrum boasts a broader selection of products, multiple trading platforms, low fees, and excellent customer support. Those attributes give the broker a broader appeal, best suited to novices, casual institutional investors, and professional retail traders. However, you should carefully evaluate your investment goals and risk threshold before joining GMT Centrum.
Disclaimer: This is a sponsored marketing content.