GMT Brokers vs Trade12: Which is better in 2026?
A neutral, side-by-side comparison of GMT Brokers and Trade12 on the criteria that matter — regulation, fees, leverage, platforms and withdrawal speed. Scores are objective and never influenced by affiliation.
| GMT Brokers | Trade12 | |
|---|---|---|
| Overall score | 2.1 / 5 | 2.2 / 5 |
| Minimum deposit | €250 | €250 |
| EUR/USD spread | 2 pips | 1.6 pips |
| Regulation | Unauthorised (CONSOB oscuramento — GMT Brokers Ltd) | Unauthorised (FCA Warning List — Global Fin Services Ltd) |
| Max leverage | 1:500 | 1:400 |
| Platforms | MT4, WebTrader | MT4, WebTrader |
| Withdrawal time | 14 business days | 10 business days |
| Trustpilot | 1.9/5 (55) | 2.1/5 (180) |
| Rating | ★★★★★ | ★★★★★ |
GMT Brokers
Website blacked out by Italy’s CONSOB for abusive financial services.
Not recommendedTrade12
Firm named on the FCA Warning List of unauthorised firms.
Not recommendedOur verdict
Trade12 edges ahead on fees (spread + commission), finishing with an overall neutral score of 2.2 versus 2.1 for GMT Brokers. That said, the gap is narrow and depends on your priorities: GMT Brokers still comes out ahead on platforms, so traders who weight that most highly may prefer it. Both are credible, vetted options — check regulation, fees and withdrawal terms against your own needs before choosing.
Read the full GMT Brokers review or the Trade12 review.