FBRForex Broker Rating
E
Reviewed by Editorial Team · Last reviewed
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Global Prime Review

Updated regularly · Independent ratings

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

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.

Global Prime — At a Glance

Full broker data from our database

Minimum deposit$0
Broker typeSTP, ECN, NDD
Spread typeVariable
Spreads fromStandard Account: 0.9 pips, Raw Account: $3.5 per lot per side
CommissionStandard Account: No commission, Raw Account: $3.5 per lot per side
Maximum leverage1:500
Minimum lot size0.01
Maximum lot size1000
Decimal pricing5 decimals
Trading platformsMobile App, Web Platform, MetaTrader 4, MetaTrader 5
API accessNo
VPSYes
Demo accountYes
Segregated account
Swap-free accountNo
Managed accountNo
PAMM / MAM accountNo
Joint accountYes
Copy tradingYes
Social tradingYes
Account currenciesUSD, AUD, GBP, EUR, CAD, SGD, JPY
One-click tradingYes
OCO ordersNo
Trailing stop lossYes
Hedging allowedYes
Scalping allowedYes
Interest on marginNo
BonusesNo
ContestsNo
RegulatorsASIC (Australia), FSC (Vanuatu)
HeadquartersLevel 10, 627 Chapel St, South Yarra 3141 Australia.
International officesAustralia, Vanuatu
Assets offeredForex, CFDs
Payment methodsBank 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
LanguagesEnglish, Arabic, Chinese (Simplified), Chinese (Traditional), Czech, Italian, Japanese, Korean, Polish, Portuguese, French, German, Greek, Hindi, Indonesian, Ukrainian, Vietnamese, Portuguese, Russian, Spanish, Thai, Turkish
Customer supportLive Chat, Email, Phone
Contact emailsupport@globalprime.com

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.
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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.