GDMFX Alternatives: Pros, Cons, And How It Stacks Up Updated for 2025
This alternatives to GDMFX guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to GDMFX to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to GDMFX like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that GDMFX is not quite right for you then it would be worth getting a virtual account with a range of the best GDMFX alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete review of GDMFX alternatives online
There are a lot of reasons GDMFX may not be a good fit for your trading needs. For whatever reason you are looking for the best GDMFX alternative or GDMFX competitor with similar services, comparebrokers.org will always try to give you as much helpful information so you can find what it is you need. Below you can discover the best GDMFX alternatives.
For each of the below alternative to GDMFX, we break down the key differences to GDMFX and for each platform feature show you the best alternatives. For every GDMFX alternative online broker shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with GDMFX, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Using a reputable and dependable online broker is important for having a successful trading career. All of the GDMFX alternative brokers we list in this GDMFX alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
GDMFX has a minimum desposit of $100, you should check how the minimum deposit requirements of GDMFX compare with the minimum deposits of GDMFX competitors. Online brokers often offer lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t always a bad thing, it all depends on your personal trading needs.
Alternatives Offering Virtual Portfolio Accounts
GDMFX offers demo accounts so you can test your trading strategies before risking any real money. New traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to GDMFX that has demo accounts.
Alternatives Offering Negative Balance Protection
GDMFX doesn't offer negative balance protection. If your balance is unfavorable, GDMFX indicates that you promptly contact customer services. Then you can fix any imbalances in your account.
Below we show some of the best alternatives to GDMFX that have negative balance protection.
Broker | Offers Negative Balance Protection? | Find Out More |
---|---|---|
GDMFX |
No | |
Startrader |
Yes | |
freetrade |
Yes | |
easyMarkets |
Yes | |
Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
GDMFX unfortunately, does not provide guaranteed stop loss. GDMFX gives a chance for its dealers to close their trades in their given price. Apart from that, GDMFX doesn't provide guaranteed stop loss.
Below we detail some of the top GDMFX alternatives that offer guaranteed stop loss available for their customers.
Broker | Offers Guaranteed Stop Loss? | Find Out More |
---|---|---|
GDMFX |
No | |
easyMarkets |
Yes | |
Uphold |
Yes | |
instaforex |
Yes | |
FreshForex |
Yes |
Alternatives Offering Scalping
GDMFX do allow scalping. Several traders throughout the world choose GDMFX for their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Below we list some of the top alternatives to GDMFX that allow scalping functionality to their users.
Alternatives That Allow Hedging
GDMFX do allow hedging. Several traders across the world select GDMFX due to their large range of services. They offer trading on MT4, Web Trader, Tablet & Mobile apps.
Below we list some of the top alternatives to GDMFX that allow hedging services to their client base.
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, GDMFX offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we detail some of the top alternatives to GDMFX that offer social trading capabilities.
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, GDMFX offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we list some of the top GDMFX alternatives that have copy trading to their users
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Table Of Contents
- GDMFX alternatives with lower minimum deposit requirements
- GDMFX alternatives with demo accounts
- GDMFX alternatives with negative balance protection
- GDMFX alternatives with guaranteed stop loss
- GDMFX alternatives that allow scalping
- GDMFX alternatives that allow hedging
- GDMFX alternatives that allow social trading
- GDMFX alternatives that allow copy trading