FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
Global Prime logo

Global Prime Review

Key Facts

Regulation
ASIC · FSC
Broker Type
STP, ECN, NDD
Min. Deposit
$0
Platforms
Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
Fees
Low
Max Leverage
1:500
Demo Account
Yes

Our Ratings

4.0
out of 5
Safety & Regulation4.5
Fees & Costs4.3
Platforms & Execution4.1
Education2.0

74% of retail FX and CFD accounts lose money.

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.
  • +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.
  • +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.

Global Prime - At a Glance

Trading Conditions

Broker Type
STP, ECN, NDD
Minimum Deposit
$0
Maximum Leverage
1:500
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
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
1000
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs

Account Types

Demo Account
Yes
Swap Free Account
No
Managed Account
No
PAMM / MAM Trading
No
Joint Account
Yes
Social / Copy Trading
Yes
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
One Click Trading
Yes
OCO Orders
No
Trailing Stop Loss
Yes
API Access
No
VPS Hosting
Yes

Company

Regulation
ASIC (Australia), FSC (Vanuatu)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
Level 10, 627 Chapel St, South Yarra 3141 Australia.
International Offices
Australia, Vanuatu
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
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

74% of retail FX and CFD accounts lose money.