FAST FACTS
Account Minimum: $0
Products: Stocks, Crypto, Forex, Bonds, Mutual Funds, Futures, ETFs, Options & Commodities
Fees: $0 for stocks
GMT Centrum’s Top Benefits
GMT Centrum is one of the most reputable online brokers, with a long-standing history that dates back several years. Apart from its strong brand presence in the market, GMT Centrum also has several unique benefits to attract different traders and investors. Here are its main advantages.
Powerful trading tools and amenities
GMT Centrum provides desktop and web versions with cutting-edge tools and amenities. Traders can access top-notch portfolio analysis tools, calculators, screeners, and evaluators. Besides, GMT Centrum’s platforms offer excellent research tools and trading idea generators.
Highly efficient trade executions
GMT Centrum also boasts a technological edge with its smart order routing technology. The software automatically routes orders to multiple market centers and executes each trade at the best market prices.
Rich educational content
GMT Centrum also treats its clients to well-researched and organized educational materials that cover a wide range of online investing topics. The resources are available in multiple formats and languages that you can select based on your needs and preferences.
Overview
GMT Centrum has often featured among the top-rated online brokers for professional traders and investors. Although the broker still mainly attracts active traders, it has also broadened its appeal with extensive educational materials and robust product offerings to attract novices and casual investors. Nonetheless, GMT Centrum also has potential shortcomings you must understand before joining the platform.
Pros
- Powerful trading tools and amenities
- Highly efficient order execution
- Extensive educational programming
- A vast selection of investment products
Cons
- Trading tools can be overwhelming to beginners
- GMT Centrum’s mobile app is still undergoing development
Trading Platforms
GMT Centrum offers desktop and web versions, with a mobile app still in development. The desktop and web platforms boast robust tools and functionalities to enable you to choose your following trades, analyze your portfolio and markets and follow the results with better precision and accuracy.
The broker’s smart order routing software is one of the key highlights that enable traders to execute trades more efficiently and at the best available prices in the market. You can also access several tools and amenities, including charting, portfolio analysis, multi-leg options, trading idea generators, screeners, calculators, news, and research.
You can opt for one platform or use both simultaneously since they integrate similar features and functionalities. However, active traders who demand access to more advanced tools and functionalities should use the GMT Centrum’s desktop version.
Product Offerings
GMT Centrum boasts one of the most robust investment portfolios in the industry. The broker has a vast selection of all the regular asset classes and other unique offerings to attract retail traders and institutional investors. Here’s a rundown of the tradeable products on GMT Centrum.
- Stocks (Long and Short)
- Crypto
- Forex
- Bonds (Corporate, Municipal, Treasury, CDs)
- Mutual Funds
- Options
- ETFs
- Futures
- Commodities
You can also access several other securities on GMT Centrum, including IPOs, ETPs, TIPs, and high-growth corporate bonds. Clients can access the same asset classes and products on GMT Centrum desktop and web versions.
Costs
GMT Centrum has no account minimums and a zero commissions policy for online stock trading. As described below, other trades and transactions attract different commissions and margin interest rates.
- $1 per-contract fee for Options
- Selected no-transaction-fee mutual funds
- Per-share or per-contract exchange fees
- $32 live broker fee per trade
- Zero fees for domestic wires, checks, trade confirmations, inactivity, account transfer or closure, and software
Also, remember international trades usually attract various fees and commissions. So, check the complete pricing and fee schedule on GMT Centrum’s website before placing any orders.
Education
Investor education is at the heart of GMT Centrum’s trading practices and policies. The broker’s website and trading platforms offer an extensive library of videos, articles, infographics, and webinars for all types of traders. The materials are also available in multiple languages for ease of use. The broker’s clients also have access to a community of experts for advice on all matters of online investing.
GMT Centrum Is Best For
GMT Centrum primarily focuses on professional retail traders and institutional investors. However, beginners and passive investors can also take advantage of its rich educational materials and robust products to boost their skills and gain scale in the online investing landscape. Nevertheless, contact them for more information.
Disclaimer: This is a sponsored marketing content.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
