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Written by Adam Peters
Broker Analyst
Updated
Global Prime logo

Global Prime Forex Review 2026

Our Ratings
4.0
out of 5
Safety & Regulation3.4
Fees & Costs4.5
Markets & Products3.7
Platforms & Execution4.6
Deposit & Withdrawal5.0
Trading Tools & Research3.3
Account Opening4.4
Customer Service4.3
Education2.0
Key Facts
Regulation
ASIC, VFSC, FSA Seychelles
Broker Type
STP, ECN, NDD
Min. Deposit
$0
Platforms
Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
Negative Balance Protection
Varies
Max Leverage
1:30 (ASIC), 1:500 (VFSC), 1:500 (FSA)
Demo Account
Yes
Spreads From
0.9 pips

74% of retail FX and CFD accounts lose money.

Global Prime - At a Glance

Company & Overview
Established
2010
Headquarters
Level 10, 627 Chapel St, South Yarra 3141 Australia.
International Offices
Australia, Vanuatu
Publicly Traded
No
Broker Type
STP, ECN, NDD
Regulation
ASIC (Australia), VFSC (Vanuatu), FSA Seychelles (Seychelles)
Segregated Client Funds
Yes
Negative Balance Protection
Varies

Australian clients are covered by law. On the Vanuatu and Seychelles licences there is none, and Global Prime states plainly that your liability can be unlimited and you may be asked to pay in to cover a shortfall after positions are closed.

Banking License
No
Languages
English, Arabic, Chinese (Simplified), Chinese (Traditional), Czech, Italian, Japanese, Korean, Polish, Portuguese, French, German, Greek, Hindi, Indonesian, Ukrainian, Vietnamese, Portuguese, Russian, Spanish, Thai, Turkish
Customer Support
Live Chat, Email, Phone
Customer Support Hours
24/5
Account Types
Demo Account
Yes
Swap Free Account
No
Joint Account
Yes
Corporate Account
Yes
Managed Account
No
PAMM / MAM Trading
No
Social / Copy Trading
Yes
Account Conditions
Minimum Deposit
$0
Payment Methods
Bank Transfer, Local Bank Transfers, Debit Cards, Credit Cards, Cryptocurrency, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, AccentPay, Boleto, BPAY, Dragonpay, POLi, QR Payment, SEPA, ZotaPay, GATE8, VNPay, AstroPay, Interac, PayID, XPay, Jetonbank, Mifinity, Pagsmile
Account Currencies
USD, AUD, GBP, EUR, CAD, SGD, JPY
Maximum Leverage
1:30 (ASIC), 1:500 (VFSC), 1:500 (FSA)
Bonuses
No
Contests
No
Trading Conditions
Markets & Products
Forex, CFDs
Currency Pairs
56+ FX pairs
Minimum Lot Size
0.01
Maximum Lot Size
1000
Decimal Pricing
5 decimals
Order Types
Market, limit, stop and stop limit orders with stop loss, take profit and trailing stop, through MT4 and MT5. Hedging, scalping and expert advisors permitted on both account types.
Execution Type
ECN
Margin Call Level
90% (VFSC), 100% (ASIC)
Stop Out Level
20% (VFSC), 50% (ASIC)
Hedging
Yes
Scalping
Yes
Fees & Costs
Spread Type
Variable
Spread From
0.9 pips (Standard Account), 0.0 pips (Raw Account)
Commission
Standard Account: No commission, Raw Account: $3.5 per lot per side
Overnight / Swap Fees
Yes
Deposit Fee
No
Withdrawal Fee
No
Currency Conversion Fee
No
Account Maintenance Fee
No
Inactivity Fee
No
Custody Fee
No
Platforms & Tools
Trading Platforms
Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
Mobile App
Yes
API Access
No
VPS Hosting
Yes
Automated Trading
Yes

How Global Prime's costs compare

Spread from (major pairs)0.9 pips
Catalogue median: 0.8 pips across 49 brokers · lower is cheaper
Minimum deposit$0 - none
Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.

Pros & Cons

Pros

  • Strong regulatory oversight.
  • Fast and simple account setup process.
  • Free demo account available.
  • No minimum deposit.
  • Multiple fast and secure payment methods.
  • Multiple account currency options.
  • Low forex and CFD trading fees.
  • Ultra-low spreads from 0.0 pips on the Raw account.
  • No deposit or withdrawal fee for most payment methods.
Show 8 more
  • No account inactivity fees.
  • Supports MetaTrader 4 and 5 integration.
  • High leverage trading capability (up to 1:500 in some regions).
  • No restrictions on trading strategies.
  • Integrated social and copy trading features through GP Copy.
  • VPS available for automated trading.
  • Trade receipts showing the liquidity provider on every fill.
  • Great customer support service, available 24/7.

Cons

  • Product offering is limited to forex and CFDs.
  • No TradingView or cTrader integration.
  • Limited research tools.
  • Educational content is limited.
  • No Islamic swap-free account.
  • No negative balance protection outside Australia. Liability can be unlimited.

Global Prime alternatives

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