Global Prime is a well-established broker since 2010. Global Prime has headquarters in Australia, Seychelles and Vanuatu. Global Prime to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by ASIC 385620, FSA (Seychelles) SD057 and VFSC 40256.
Company Information
Features
🏆 Trading contests
📖 Free education
📁 Segregated accounts
🗺 Vps
Account Information
Apart from the forex demo account, this broker offers ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Global Prime is up to 1:200. Meanwhile, you can open an account with a starting capital of $200.
Min Deposit
$200
Max Leverage
1:200
Spread
Fixed
Commission
$7
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $200
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
One-Cancels-Other (OCO) orders
1️⃣ One-click trading
⚡ Automated trading
Instruments Traded
Besides lots of currency pair, Global Prime also offers some instruments you would like to trade on, such as Forex, CFD, Indexes, Soft commodities, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN account, Global Prime specifically provides it with the following instruments and leverage:
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Global Prime also provides payment with AliPay, bitwallet, Voucher, UnionPay, Local bank transfer, Dragonpay, Credit/debit cards, BPAY and AstroPay
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Global Prime offers you MetaTrader 4 (Limited with 30 days of inactivity), Mobile Trading Platform (Limited with 30 days of inactivity), ProTrader (Limited with 30 days of inactivity) and WebTrader (Limited with 30 days of inac.
Customer Support
Do you have any question or find any trouble related to Global Prime? If you do, you should reach Global Prime's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Global Prime
Is Global Prime a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Global Prime is a good broker for you or not by reviewing the criteria. In general, Global Prime provides trading service in Forex , CFD , Indexes , Soft commodities , Metals , Energies and Crypto . As for the payment methods, you can choose between AliPay, AstroPay, bitwallet, BPAY, Credit/debit cards, Dragonpay, FasaPay, Local bank transfer, Neteller, PayPal, Skrill, UnionPay, Voucher and Wire transfer. The customer support is available via Email, Forum, Live chat, Phone and Skype.
What is the minimum deposit for Global Prime?
The starting capital in Global Prime is $200.
Is Global Prime regulated?
Global Prime is regulated by ASIC 385620, FSA (Seychelles) SD057 and VFSC 40256. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Global Prime legit?
Global Prime is a brokerage company offering trading services for clients since 2010 with offices in Australia, Seychelles and Vanuatu.
