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Global Prime

 

Company Details

Headquarters Sydney, Australia
Type of Broker ECN/STP
Founded 2010
Regulated By ASIC (Australia)
Offices In Australia
Supported Languages English
Website Visit Website
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 $500
Traders from USA 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
Withdrawal Methods Credit/Debit Cards ,Wire Transfer

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 4 Android, MetaTrader 4 iOS
NO of Pairs 42
Cryptocurrency Trading No
Pricing Digits 5
Trade off Charts No
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
MetaTrader Server Time (Winter) 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 500:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 10+
Negative Balance Protection No

Additonal Instruments

Metals Yes

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Typical Spread on Majors

 
EUR/USD 0.4
GBP/USD 0.6
USD/JPY 0.45

Company Details

Global Prime

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.

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