About its history and mission
Global Prime's pricing is competitive with many costs as visible to account users dependent on account type:
-
Standard Account: No commission; spreads start from 1.0 pip.
-
Commission Account: Starting from 0.0 pips, $7 commission is imposed on each lot round-trip.
-
Swap Fees: These are overnight finance or Interest rates/Rollovers that must be paid or collected when transferring the position forward against value dates. A proprietary mechanism governs and fixes such costs according to vogue currency pair and trading flow direction.
- Founded
- 2010
- Headquarters
- Address
- Website
Strengths and Weaknesses
Strengths
- Low forex fees
- Easy and fast account opening
- Free deposit and withdrawal
Weaknesses
- Slim product portfolio
- Limited educational tools
- No investor protection
Safety and Regulations
Global Prime is a creditable establishment in which the security-related functions are found into action most finely as they cater to the interests of customer finances; this is a regulated broker following the strict financial regulations being implemented under the Australian Securities and Investment Commission. The client deposit is maintained in separate accounts assigned to him, and as a security means, client funds are kept apart from the clinking of the operational funds with the broker.
Regulators
- ASIC
- VFSC
Instruments Available
Types of Accounts
Standard
- Minimum deposit
- $0
- Commission
- 0.9
- Available tools
- 0
- Leverage
- 1:1 to 1:500
- Margin call level
- 100
- Stop-out level
- 20
Raw
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:500
- Margin call level
- 100
- Stop-out level
- 20
Fees and Charges
Global Prime's pricing is competitive with many costs as visible to account users dependent on account type:
- Commission-free
- Standard Account: No commission; spreads start from 1.0 pip.
Trading Platforms
MetaTrader 4 (MT4)
It is well known among traders and was made to be a full store of tools for chartering and accurate identifiers (amount or number) firstly and with indicated objectives such as Expert Advisors (EAs).
MetaTrader 5 (MT5)
This next generation of MetaTrader offers further hourly designations, also a more extended choice as deemed to have been added prices but not as usable inside the trading of CFD.
cTrader (Upon Request)
For those wanting an alternative to MT4/MT5, the cTrader platform is available, and it rocks enhanced executions along with novel varieties like extensions use on orders everywhere in charts.
Customer Support
Contact information not available. Visit the broker’s website for support options.
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
Users reviews
YKP
Feb 9, 2025
Great Customer Service! The support team was incredibly friendly and attentive throughout my entire experience, from signing up to addressing my numerous questions about using the MT4 platform. While MT4 has its own set of limitations and peculiarities, I'm hopeful that GP will consider upgrading to a more advanced platform like MT5 in the future.
Taysir AHMAD
Feb 6, 2025
I am truly impressed by how quickly the service operates and how promptly I received the right answers. I deeply appreciate this outstanding level of service. Additionally, the platform offers competitive spreads and a wide variety of trading instruments. I would definitely suggest it to anyone involved in trading.
DrilonKrasniqi
Feb 5, 2025
I just started an account with this broker and I'm quite impressed with the trading environment they offer. Trades are executed swiftly with minimal spreads and no slippage, which is fantastic. The commission fees are also remarkably low. Although I haven’t made a withdrawal yet, my experience so far has been excellent, and I’m genuinely pleased with their service up to this point.
Showing 1–3 of 10 reviews