Abstract：Taking the financial market by surprise, GMI, one of the leading global forex and CFD brokers, announced its intention to close its global operations from December 31, 2025. Since the official shutdown announcement, traders have been concerned about the status of fund deposits and withdrawals. They have understandably been searching for answers to these questions amid this announcement made by the group. Read on as we share with you key details emerging from the development.
Taking the financial market by surprise, GMI, one of the leading global forex and CFD brokers, announced its intention to close its global operations from December 31, 2025. Since the official shutdown announcement, traders have been concerned about the status of fund deposits and withdrawals. They have understandably been searching for answers to these questions amid this announcement made by the group. Read on as we share with you key details emerging from the development.
A Major Announcement on Deposit & Withdrawal Options
The GMI management has allowed its existing traders to deposit until Dec 24, 2025, only. However, it has declined to accept new client and agent registrations. As per the announcement, customers can only close their market positions. On the other hand, the brokerage house has allowed traders to apply for fund withdrawals until January 31, 2026. Sharing a screenshot containing an official shutdown announcement from GMI.
What Led to the GMI Shutdown Announcement?
Founded in 2009, the brokerage house has been contemplating an exit amid an old and ailing boss. Over the past two years, the brokerage management tried to recruit a new boss to spearhead GMI. Many wealthy financial groups and major investment houses evinced interest in acquiring the group at attractive prices. However, the brokerage house could not find a suitable, honest and qualified boss to steer the company ahead despite screening many applicants during the review period. Acknowledging that it was an extremely difficult decision, the brokerage management decided to close the company and its clientele base to an operator, but not without potential future risks and doubts. As shown above, the brokerage management thanked everyone for their support and contributions over the last 16 years.
The Geographical Presence
GMI is a regulated forex broker with more than 1 million registered accounts in 30+ countries, including key South Asian markets such as India and Bangladesh. It meets the diverse needs of several clients, including experienced traders, beginners, and fund managers.
The Markets Where GMI is Present
The GMI group offers clients with a wide range of markets, such as forex, stock CFDs, indices, and commodities (gold, silver, oil).
Forex Pairs
- EUR/USD
- USD/JPY
- GBPUSD
- EURGBP
- EURJPY
- USDCAD
- AUDUSD
- NZDUSD
- AUDCAD
- USDCNH
Popular US Shares
- AAPL
- MSFT
- Google
- AMZN
- NVDA
- TSLA
- META
- JNJ
- JPM
- BRK.B
Commodity Pairs
- XAUUSD
- USOUSD
- XAGUSD
- UKOUSD
- XAGEUR
- XAUEUR
- XNGUSD
- UKOUSD
Top Company Indices
- U30USD
- NASUSD
- SPXUSD
- D40EUR
- 100 GBP
- HSIHKD
- F40EUR
- CHN50U
Trading Accounts Available at GMI
- Demo Account
- ECN Account
- Sen Account
- Standard Account
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