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
Inactivity Fee
-
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.
Global Prime - At a Glance
Company & Overview
- Headquarters
- Level 10, 627 Chapel St, South Yarra 3141 Australia.
- International Offices
- Australia, Vanuatu
- Broker Type
- STP, ECN, NDD
- Regulation
- ASIC (Australia), FSC (Vanuatu)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- 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
Account Types
- Demo Account
- Yes
- Swap Free Account
- No
- Joint 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
- 1:500
- Bonuses
- No
- Contests
- No
Trading Conditions
- Markets & Products
- Forex, CFDs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 1000
- Decimal Pricing
- 5 decimals
- 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
Platforms & Tools
- Trading Platforms
- Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
- API Access
- No
- VPS Hosting
- Yes
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.
