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GBM vs Thndr: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only GBM lists Mexican Stock Exchange (BMV).
Only Thndr lists Egyptian Exchange (EGX) and Abu Dhabi Securities Exchange (ADX).
Only GBM is licensed by CNBV.
Only Thndr is licensed by FRA (Egypt) and FSRA (ADGM).
Only GBM supports SPEI for deposits and withdrawals.
Only Thndr supports Vodafone Cash and Bank transfer for deposits and withdrawals.

Criterion	GBM	Thndr
Rating	4.6/5 on other platforms 17.4K ratings	3.7/5 on other platforms 29K ratings
Regulators	CNBV	FRA (Egypt), FSRA (ADGM)
Minimum deposit	MX$100	—
Markets	Mexican Stock Exchange (BMV), US exchanges (NYSE, Nasdaq)	Egyptian Exchange (EGX), US exchanges (NYSE, Nasdaq), Abu Dhabi Securities Exchange (ADX)
Products	stocks, ETFs, fractional shares, bonds, funds	stocks, ETFs, fractional shares, funds
US stock or ETF order	0.25% of the order	$0.20 per order, 0.1% of the order, $0.0015 per share
Deposits and withdrawals	SPEI	InstaPay, Vodafone Cash, Bank transfer, Visa / Mastercard
Founded	1985	—
Headquarters	Mexico	—
Investor protection	—	Egyptian Investor Protection Fund
	Read review	Read review

Which regulators license GBM and Thndr?

GBM is licensed by CNBV; Thndr by FRA (Egypt) and FSRA (ADGM).