GeminiBlu

Geminiblu Broker Overview

Geminiblu is an online broker that enables online trading in the Forex market (simultaneously buying and selling currencies for profit) and the CFD market (with CFD being a financial instrument that allows you to speculate on the price movements of various assets without owning those assets). The company considers itself to be a technology-driven broker (which means that technological advancement is key to the broker's operation). Geminiblu has created a trading platform for beginner to experienced traders; providing access to global markets; analytical tools that aid in the analysis of market data; and customer support services.

Geminiblu is focused on providing its traders with access to currency markets and other leveraged products through an easy to use online and mobile trading mediums.

Trading Instruments

Geminiblu primarily offers traders access to trade through the use of CFDs (CFDs enable traders to place trades and speculate on price movement without owning the underlying asset). Generally, the following instruments are offered for trading – suggested trading instruments vary depending on the type of account you hold and the availability of specific trading instruments based on your region.

• FX pairs (putting together differing currencies), which include major currencies, some minor currencies, and certain exotic currencies

• Contracts for Difference on commodities (including both metals and energy products)

• Contracts for Difference on Indices of major global stock exchanges

• Other financial instruments

The types of instruments offered by Geminiblu are designed to attract all styles of short-term and leveraged traders.

Trading Platforms and Technology

Geminiblu offers all traders the opportunity to execute trades through its web-based platform (using a desktop computer) and its mobile trading platforms (using smart phones and tablets).The Financial Services Authority of Belize ("The Belize Authority") regulates and licenses Geminiblu. The website is owned, operated, and maintained by a private company, Activity Fund Advisory Company. All services and operations are provided by Activity Fund Advisory Company as a third-party service provider.

The platform was designed with the key objectives of efficiency and usability. The platform enables real-time pricing quotes; charting tools, including technical indicators; order management tools; mobile transactions; and mobile ability to access the platform. The broker describes their platform as easy to use, which enables traders who desire a simple trading experience to successfully trade without the use of complex institutional tools.

Account Types and Trading Conditions

Geminiblu provides multiple account options based on the account type (standard), minimum deposit requirements, variability of spread accounts, leverage, and the level of additional services provided. The trading conditions for an account are dependent on the account tier selected. Trading conditions include:

• A spread that varies in relation to authority regulations

• An ability to utilise leverage based on the authority's regulations

• Access to educational tools and market data to assist new traders in understanding their market and what has been happening

• Account management services and/or account management at each level of account tier selected

In addition to the above, the broker’s website or client agreements discloses the precise terms of trading, as well as the total number of fees charged, commissions charged, and margin requirements.

Regulations and Safety

Geminiblu promotes itself as a registered trading company; however, potential clients should carefully review the regulations of the organisation when considering a potential client and their registration. There is substantial public information regarding the organisation’s regulations, and the information below provides a summary.

According to public information available regarding Geminiblu, the broker’s licensing and regulations are not financially and/or regulatory compliant with any of the major tier one financial regulatory agencies (i.e. FCA, ASIC, CySEC).

As is the case with online trading services, individuals should verify independently the regulatory coverage, investor protections, and compliance of the broker prior to creating a trading account with a specific broker. There can be many different standards of client fund protections and regulatory compliance based on jurisdictions.

Educational Resources and Market Support

The broker places much emphasis on educating traders on both the fundamentals of the markets and providing continuous knowledge of the relevant market. Educational and resource materials available are designed to assist new traders in understanding the fundamentals of the markets and will assist experienced traders in improving aspects of their trading strategy. The available and/or possible educational resources available to traders are:

• Basic trading educational resources

• News and analysis of the market

• Optimisation of multiple asset classes and methods of trading strategy

• One-on-one assistance available through an account manager

Client Services

Geminiblu delivers client services via multiple modes of communication, such as:

• Client services are available through email

• Client services are provided through live chat

• There are dedicated Client Services Representatives (CSRs) providing client services based on the account tier.

Response times and availability for client services are subject to local area and account tier level.

Advantages and Disadvantages of Trading

Advantages:

• Access to Forex and CFD investments through a single platform

• User-friendly interface suitable for beginning traders

• Educational resources and customer assistance

• Ability to trade on mobile devices

Disadvantages:

• Underserved by all major tier one financial regulatory agencies

• Limited transparency regarding use of licensing in some jurisdictions

• Risk warnings related to trading of CFDs using leverage

Risk Disclosure

Trading in Forex and CFDs carries significant risk and may not be appropriate for all investors. Both profit and loss can be increased through the use of leverage; therefore, traders are at risk of losing the full amount of their investment. All users of the Service must educate themselves about the risks associated with trading of Forex and CFDs. All users are encouraged to seek independent financial advice before engaging in trading of Forex and CFDs and before opening an account with a broker.

Conclusion

Geminiblu operates as an online Forex and CFD broker that focuses on ease of access to the broker’s platform, the ease of use and access to the broker’s product, and strong support for its customers. While Geminiblu promotes the trading of several types of products, resources are made available for the trader's educational needs, due diligence must be performed on the regulatory compliance and fund protection of the broker before engaging in trading with the broker. Just as with all leveraged trading platforms, effective risk management and the making of well-informed decisions are critical to successful trading.