FBRForex Broker Rating
ET
Written by Editorial Team
Updated
Global Prime logo

Global Prime Review

Overall Rating
4.0 / 5
Fees
4.3 / 5
Safety
4.5 / 5
Platforms
4.1 / 5
Education
2.0 / 5
Min. deposit
$0

Global Prime — At a Glance

Regulation
ASIC (Australia), FSC (Vanuatu)
Broker Type
STP, ECN, NDD
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
Assets Offered
Forex, CFDs
Trading Platforms
Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
Demo Account
Yes
Maximum Leverage
1:500
Spread Type
Variable
Spread From
Standard Account: 0.9 pips, Raw Account: $3.5 per lot per side
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
Swap Free Account
No
Managed Account
No
PAMM / MAM Trading
No
Joint Account
Yes
Social / Copy Trading
Yes
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
No
Trailing Stop Loss
Yes
API Access
No
VPS Hosting
Yes
Bonuses
No
Contests
No
Headquarters
Level 10, 627 Chapel St, South Yarra 3141 Australia.
International Offices
Australia, Vanuatu
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

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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.