GPM Broker Profile
GPM Broker Is A Spanish Stockbroker That Has Been On The Market Since 1987. In 1990, It Was Registered By CNMV (Comisión Nacional Del Mercado De Valores) And FOGAIN (Fondo General De Garantía De Inversiones). The Company Is An Introducing Broker (IB) For Saxo Bank, Interactive Brokers And Swissquote Bank, Which Are All Internationally Regulated Companies, So It Provides A Trading Platform For These Brokers. GPM Broker Specializes In Asset Management Services Using Model Portfolios And Investment Funds, Including Companies With SICAV (Société D'investissement à Capital Variable). The Broker Is Headquartered In Madrid, But Also Has Offices In Barcelona And Other Major Spanish Cities.
Advantages Of Trading With GPM Broker:
FOGAIN Pays Compensation Of Up To 100,000 Euros To Spanish Retail Brokers;
Wide Range Of Available Markets - Trading Platform Offers Up To 100,000 Assets;
The Broker Is Supervised By The Spanish National Regulator CNMV;
Four Account Types, Each With Unique Trading Conditions;
Over 40 Ready-made Asset Portfolios, Differentiated By Risk Level And Initial Investment;
Access To The US, Europe And 50 + Stock Exchanges In Asia;
Offices Where Traders Can Get Personal Advice On Investment Products Are Located All Over Spain.
Disadvantages Of GPM Brokers:
There Is No Education On The Official Website Of The Broker;
GPM Broker Withholds Intermediary Fees For Offering Trades On Partner Platforms;
High Fees For US Stocks And ETFs.
Trading Account Open
To Start Trading On Any Account Type Of The Broker, Create A User Account On Its Official Website. Here Are Some Instructions On How To Register:
1 Click On The "Abrir Cuenta" Button At The Top Of The Screen.
2 To Open The Regedit, Click On The "Apertura De Cuenta" Button.
3 In The Form, Provide Your Personal Information, Select The Account Type And Trading Tool, And Create A Username And Password.
4 Confirm Your Email And Log In To Your User Account, Enter Your Username And Password. Next, Fill In Your Profile, Link Your Bank Account, Upload Your Documents And Sign The Agreement. Funds Can Only Be Deposited After You Receive Confirmation That The Company Has Approved Your Registration
Account Type
Traders Can Open An Account At GPM Broker At Any Of Its Offices, By Phone Or Online. After Confirming Personal And Payment Data, Select The Platform Where You Want To Create Your Account. If You Intend To Use The Platform Provided By Another Company, Open An Account With That Company As Well, As In This Case GPM Broker Is The IB, I.e. The Intermediary Between The Trader And The Execution Broker.
Account Type:
GPM Professional Broker
This Account Type Allows Traders To Trade In More Than 100 Markets In 22 Countries And It Is Possible To Open An Account In Different Currencies On The TWS Platform. It Is Possible To Trade With Stocks Listed On 50 Major Stock Exchanges. ETF Fees Range From 0.1% To 0.13% (minimum $6/€5); For Warrants, The Tax Rate Is 13% (minimum €5); For Options, They Start From $1.43/€3 (minimum $2/€5); For Futures, The Price Is $2.4/€2.4 (minimum $3/€3); And For Foreign Exchange, 0.0052% (minimum $4/€3).
GPM SV
This Account Type Is Available For The GPM Online Platform, Which Offers To Trade Underlying Assets And Derivatives, As Well As Work With Investment Funds And Pension Schemes. Traders Can Delegate Operations To The Sales Department Over The Phone. Fees Vary, With A Minimum Fee Of €1.10 For Stocks.
GPM Swissquote
This Account Type Can Be Used For Trading On The ETrading Platform. It Allows Traders To Use More Than 100,000 Financial Instruments And Invest In Low-priced Portfolios Managed By Experts. Fees For Stocks Start From $5.
GPM Trader
This Account Type Is Opened On The SaxoTraderGO Platform. It Is Designed To Trade Stocks, Mutual Funds And Equity Funds, Futures, Options And CFDs, As Well As Using Custodial Portfolios. Fees For Futures And Options Start At $3/€3 Per Contract; For Bonds, Fees Start At 0.20% Of Face Value; For ETFs, Fees Start At 0.1% Of Position Size.
GPM Broker Offers A Demo Account For Training And Exploring The Platform's Features And Trading Conditions For Brokers.
This Broker Divides Its Clients Into Minoristas And Profesionales, Which Affects Trading Conditions And The Range Of Available Markets.
Deposits And Withdrawals
The Broker Withdraws Funds Only To The Client's Personal Bank Account Specified In The User's Account;
Withdrawal Conditions Are Not Available On The GPM Broker Website.
Investments, Options
GPM Broker Offers Multiple Investment Solutions For Traders With Minimal Free Funds And Inexperience, As Well As For Large Investors In The Stock Market Who Are The Main Source Of Income. This Broker Specializes In Active Capital Management, Participates In Collective Investment Schemes, And Offers Investment Funds.
Capital Management Models For GPM Broker Clients
This Broker Offers More Than 40 Ready-made Portfolios Built By Professional Investors. They Vary In Terms Of Asset Selection, Fees, And Initial Investment Requirements. Potential Investors Can Choose A Management Model Or Pass A Test Through Which Algorithms Evaluate Their Goals And Tasks And Provide A Suitable Portfolio. The Popular Discretionary Management Models Offered By GPM Broker Are:
Gestión Fondos Cartera. This Is A Conservative Model With An Expected Profitability Of 3%, 6%, Or 8% Per Annum, Depending On The Level Of Risk. The Higher The Risk, The Higher The Potential Profit. The Portfolio Is Constructed From The Underlying Assets And Excludes Leveraged Derivatives, Which Reduces The Total Risk. The Minimum Investment Amount Is EUR 10,000. The Management Fee Is 1.5% Of The Invested Capital. The Depository For Securities And Money Funds Is Banco Inversis SA.
Alcral Protects And Grows Wealth. This Is A Portfolio With A Minimum Initial Investment Amount Of EUR 5,000. It Refers To A Long-term Portfolio Of 5 Years Or More. Investments And Securities Are Deposited With Banco Inversis. The Annual Management Fee Is 1.5% Of The Value Of The Portfolio. The Expected Profit Margin Is 8%.
Relay 3. This Is A Very Risky Strategy With An Expected Profitability Of 30% -40% Per Annum. The Manager Predominantly Takes Long Positions In Small-cap US Stocks And Uses Futures-adjusted Retracements Of US Indices, Such As Russell 2,000. The Management Fee Is 1% Of The Portfolio Value. The Minimum Investment Amount Is EUR 100,000. Funds And Assets Are Held By Interactive Brokers.
In Addition, GPM Broker Also Offers SICAV Collective Investment Schemes And Investment Funds. Investors Have Access To Portfolios That Include Fixed Income Instruments, Such As Bonds And Repurchase Agreements (REPO), Futures, And Stocks In The US And Europe. The Minimum Investment Amount Is Between EUR 1 And EUR 10, Depending On The Requirements Of The Service Company.
GPM Broker's Partner Programs:
Clients Of GPM Broker Do Not Receive Rewards For Attracting Other Traders And Investors. However, They Can Earn Additional Income From Partner Programs Offered By Interactive Brokers, Swissquote And Saxo Bank. The Conditions Of These Programs Can Be Found On The Websites Of The Aforementioned Companies.
Customer Support
Traders Can Contact Technical Support From 9:00 To 18:00 (GMT + 1), Monday To Friday.
