Global Prime Review
The Global Prime approach to trading is focused on transparency and service. To show that Global Prime does not profit from client losses we can provide a trade receipt on any trade taken which shows which bank/Liquidity Provider filled the trade.
This proves we do not take the opposite side of clients trades and therefore there is no conflict of interest between Global Prime and our clients. We believe this practice should be standard across all brokers — ask yours if they do the same.
Typical Spread on Majors
EUR/USD | 0.1 |
GBP/USD | 0.6 |
USD/JPY | 0.4 |
- Company Info
Headquarters | Sydney, Australia |
Type of Broker | ECN/STP |
Founded | 2010 |
Regulated By | Regulated By ASIC (Australia) |
Offices In | Australia, Hungary, United States |
Supported Languages | English |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | AUD, USD, EUR, GBP, SGD, CAD |
Minimum Deposit | $200 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | No |
ECN / STP Accounts Offered | Yes |
Commission on STP or ECN | $7 / Lot round trip |
VIP Accounts Offered | No |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | Yes |
API Solutions | Yes |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Credit/Debit Cards, Wire Transfer, BPay, Neteller |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, BPay, Neteller |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Android, MetaTrader 4 iOS, Skout, Protrader, PrimeXM, FlexTrade |
NO of Pairs | 40 |
Pricing Digits | 5 |
Trade off Charts | No |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 2 |
Demo Account Expiry | Non-Expiring |
VPS Offered | Yes |
Free VPS Conditions | Free with minimum 20 Lots traded per month |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 200:1 |
Minimum Contract Size | 0.01 |
Execution | Market Execution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | Yes |
Option of FIFO | Yes |
Liquidity Providers | 20+ |
Negative Balance Protection | No |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Indices | Yes |
Global Prime Reviews
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