The GMI Markets verification process takes around 10 minutes. You must submit identity and address verification documents, such as a utility bill or bank card statement to complete this procedure.
After finalizing the user authentication process, traders can easily trade stocks, commodities, currency pairs, and cryptocurrencies with high leverage up to 1:2000.
Overview of GMI Markets User Authentication Steps
To withdraw funds from GMI Markets, you must first complete the KYC process, including submitting personal details and identification documents.
GMI Markets verification overview:
- Enter your personal details;
- Select an identification document, enter the ID number, and upload clear images of both the front and back.
Ensure you have the following documents before starting the KYC process.
Verification Requirement | Yes/No |
Full Name | Yes |
Country of Residence | Yes |
Date of Birth Entry | Yes |
Phone Number Entry | Yes |
Residential Address Details | Yes |
Phone Number Verification | No |
Document Issuing Country | Yes |
ID Card (for POI) | Yes |
Driver’s License (for POI) | Yes |
Passport (for POI) | Yes |
Residence Permit (for POI or POA) | Yes |
Utility Bill (for POA) | Yes |
Bank Statement (for POA) | Yes |
2-Factor Authentication | No |
Biometric Face Scan | No |
Financial Status Questionnaire | Yes |
Trading Knowledge Questionnaire | No |
Restricted Countries | Yes |
#1 Complete Personal Details
After completing the GMI Markets registration, proceed to the “Profile” section and enter your full name, date of birth, address, email, mobile number, and choose prefferred language.
Then, enter your country of residence, occupation, and address details.
Select the type of document you want to upload. Capture clear images from the front and back of the documents (passport, national ID, or driving license) to your identity.
#2 Submit Documents and Wait for Approval
Finally, submit proof of address using a utility bill or bank card statement issued within the last 3 to 6 months.
After submitting your documents, you’ll need to wait for approval. Once your identity and address documents are verified, you can check the approval status directly in your profile.
GMI Markets KYC vs Other Brokers
Here's how the verification process in GMI Markets compares to other Forex brokers.
Verification Requirement | GMI Markets Broker | |||
Full Name | Yes | No | No | Yes |
Country of Residence | Yes | No | No | Yes |
Date of Birth Entry | Yes | No | No | Yes |
Phone Number Entry | Yes | No | No | No |
Residential Address Details | Yes | Yes | No | Yes |
Phone Number Verification | No | No | No | No |
Document Issuing Country | Yes | Yes | Yes | Yes |
ID Card (for POI) | Yes | Yes | Yes | Yes |
Driver’s License (for POI) | Yes | Yes | Yes | Yes |
Passport (for POI) | Yes | Yes | Yes | Yes |
Residence Permit (for POI or POA) | Yes | Yes | Yes | Yes |
Utility Bill (for POA) | Yes | Yes | Yes | No |
Bank Statement (for POA) | Yes | Yes | Yes | No |
2-Factor Authentication | No | No | No | No |
Biometric Face Scan | No | No | No | No |
Financial Status Questionnaire | Yes | No | No | Yes |
Trading Knowledge Questionnaire | No | Yes | No | No |
Restricted Countries | Yes | Yes | Yes | Yes |
TF Expert Suggestion
GMI Markets verification process can be completed in under 10 minutes by providing personal details and uploading proof of ID (passport, ID card, or driver’s license) and address documents.
Now that your account is verified, you can fund it using GMI Markets deposit and withdrawal methods. For detailed instruction check the GMI Markets tutorial page.
