Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of Global Prime Trading Company
Global Prime is a highly reliable financial services provider based and operated in Australia. It provides services in the Forex and CFDs field. The company offers unparalleled trading conditions with expertise in low latency connectivity to liquidity from top-tier banks and ECN. Global Prime is duly authorized to operate in securities, derivatives and foreign exchange contracts. Moreover, it has the right to offer general and individual advice to both retail and wholesale customers.
We work exclusively with the accounts opened through Traders Union.
Global Prime Latest Comments 2020
The reviews by customers of the Global Prime indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Global Prime published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
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Analysis of the Main Features of the Forex Broker
Trading Conditions for Global Prime Users
| Trading platform: | MT4 (PC, Mac, Webtrader, iOS, Android), Trader Evolution (PC, Mobile) |
| Accounts: | ECN, Institutional |
| Account currency: | AUD, USD, GBP, CAD, SGD EUR |
| Replenishment/Withdrawal: | Bank Wire, Credit/Debit Card, Bpay, Polipay, Neteller, Skrill |
| Minimum deposit: | $200 |
| Leverage: | 1:200 |
| PAMM-accounts: | No |
| Min Order: | 0.01 |
| Spread: | Variable from 0.0 pips |
| Instruments: | FX, Metals, CFD: Commodities, Indices, Cryptocurrency |
| Margin call/Stop Out: | 120%/100% |
| Liquidity provider: | No |
| Mobile trading: | Mobile Platforms |
| Affiliate program: | No |
| Orders execution: | NDD, STP, ECN |
| Trading features: | VPS Offers, MyFXBook Autotrade, ZuluTrade |
| Contests and bonuses: | No |
Comparison of Global Prime with other Brokers
| Global Prime | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Trading platform |
MT4, Trader Evolution | MT4, MobileTrading, MT5, cTrader | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MT5, MobileTrading | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | $200 | $100 | $200 | $5 | $100 |
| Leverage |
From 1:1 to 1:200 |
From 1:1 to 1:500 |
From 1:25 to 1:500 |
From 1:1 to 1:888 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 0 points | From 1 point | From 0 points | From 1 point | From 0 points |
| Level of margin call / stop out |
120% / 100% | 25% / 20% | 100% / 30% | 50% / 20% | 25% / 10% |
| Execution of orders | NDD, STP, ECN | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | No | $30 | No |
| Cent accounts | No | No | No | Yes | Yes |
Broker comparison table of trading instruments
| Global Prime | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | No | Yes | Yes | Yes |
| ETF | No | No | Yes | No | No |
| Options | No | No | No | No | No |
Contacts
| Registration address | Suite 604 35 Grafton Street Bondi Junction Australia |
| Regulation |
VFSC, ASIC Licence number: 40256, 385620 |
| Contacts |
Email:
[email protected],
Phone: +61 (2) 8379 3622 |
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Global PrimeThe Oldest Reviews of the Global Prime
The reviews by customers of the Global Prime indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Global Prime published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
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FAQs
Do reviews by traders influence the Global Prime rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Global Prime you need to go to the broker's profile.
How to leave a review about Global Prime on the Traders Union website?
To leave a review about Global Prime, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Global Prime on a non-Traders Union client?
Anyone can leave feedback about Global Prime on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with Global Prime through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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