Gann Markets vs CoinMama

Gann Markets or Coinmama – which is better for UK traders 2024? Compare Gann Markets and Coinmama in this detailed breakdown of their platforms, features and fees.

Gann Markets vs Coinmama Comparison Table 2024
Gann Markets Coinmama
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3
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2.9
Gann Markets is ranked #91 among CFD brokers. Coinmama is ranked #79 among crypto brokers.
Review
Review
Gann Markets is a forex and CFD broker founded in 2018 and based in Montenegro. The broker offers Standard and ECN accounts with access to 150+ instruments. Registered offshore in St. Vincent and the Grenadines, Gann Markets aims to offer straightforward tools and fast funding for both novices and experienced traders.
Coinmama has closed or no longer accepts UK clients.
Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm.
Pros
  • PAMM solution
  • Free demo account
  • MetaTrader 4 platform
  • Flexible leverage up to 1:400
  • Welcome bonuses and promotions
  • ECN account for experienced traders
  • Deposit and withdraw in under 5 minutes
  • Multiple deposit and withdrawal methods
  • Competitive pricing with tight spreads and low to zero commissions
  • Diverse methods to buy crypto with fiat including e-wallets, SEPA, bank transfers and SWIFT
  • Save on fees and commissions with larger deposits
  • Choice of third-party wallets to store your tokens
  • Used by more than 3 million crypto investors
  • Straightforward to use for beginners
  • Loyalty bonuses with fee discounts
Cons
  • Poor educational resources
  • Offshore regulatory oversight
  • Clients from the USA not accepted
  • Small asset universe compared to competitors
  • No iOS mobile app for iPhone and poor quality Android (APK) app
  • No direct crypto trading – clients must first purchase BTC or ETH
  • Poor selection of cryptocurrencies compared to competitors
  • High commissions from 2.93% for the highest tier account
  • User reviews reveal some quality issues
  • Limited wallet compatibility vs MetaMask
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
CFDs, Forex, Commodities, Cryptos, Stocks, Indices Cryptos
Demo Account
Yes No
Minimum Deposit
$100 $30
Payment Methods
Minimum Trade
0.01 Lots $30 to buy, $100 to sell
Regulator
SVGFSA FinCEN, FINTRAC
Mobile Apps
Android Android only
iOS App Rating
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Android App Rating
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Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Copy trading signals available via the MT4 platform. Multiple traders and strategies can be followed. Users can also set risk management controls and retain access to their funds.
Social Trading
No No
Trade Signals
MT4
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Palladium
  • Platinum
CFD
Access 5 asset classes via CFDs with commissions of $7 per round lot in the ECN account. Traders can enjoy fee-free deposit and withdrawals, ideal for active traders. Users also get reliable trading software.
Leverage
1:400
FTSE Spread
17
GBPUSD Spread<
7
Oil Spread
25
Stocks Spread
From 1
Forex
Trade a reasonable selection of 38 currency pairs with typical spreads from 1 pip. Standard account users can start with a $0 minimum deposit and very high 1:400 leverage.
Assets
38
GBPUSD Spread
7
EURUSD Spread
1
EURGBP Spread
7
Cryptocurrency
Trade 10 of the world's most popular digital assets including BTC/USD. Beginners can also replicate other crypto positions using the platform's copy-trading feature. Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets.
Spread
From 147 From 2.93% to 3.90%. Express fees of 0-5.00% also apply.
Coins
  • BTC
  • ETH
  • XMR
  • ZEC
  • BCH
  • DOGE
  • DOT
  • EOS
  • TRX
  • ADA
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DOGE
  • UNI
  • LINK
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Gann Markets Coinmama
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