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Global Prime Broker Review 2025

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Global Prime Broker Review 2025
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Global Prime
Founded:-
Min Deposit:$1
Max Leverage:500
Headquarter:Vanuatu
US Accepted:
About
Global Prime is an Australian-based broker offering leverage options up to 1:500 on 5 asset classes, including Forex, Crypto, and Bonds. The broker accepts Neteller, Skrill, PerfectMoney, and Crypto payments alongside 16+ other methods.
Contact
Global Prime EN, Govant Building, BP 1276 Port Vila, Vanuatu
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
24/7 customer support
Segregated client funds for enhanced security
Regulated by reputable authorities (ASIC, VFSC)
Competitive trading conditions with low spreads and fast execution
Cons
MT4 is the only supported platform for now
Lack of frequent trading bonuses or promotions
Relatively low maximum leverage (1:500)
Restricted access for traders from certain countries

Global Prime provides trading services on 150+ financial instruments with raw spreads from 0.0 pips and no commissions. The broker also offers various promotions, including TradingView Premium membership, FT newspaper subscription, and access to Autochartist signals.

Global Prime (Company Information and Regulation)

Global Prime
A brokerage company with spreads from 0.0 pips and over 13 years of experience

Global Prime was founded in Australia by Jeremy Kinstlinger in 2010, according to Crunch Base. The company’s approach to regulatory compliance is mind-easing, since it’s licensed by multiple financial authorities, including the tier-1 ASIC.

Country

Company Name

Regulatory Body

Australia

FMGP Trading Group Pty Ltd

ASIC (License No. 385620)

Vanuatu

Gleneagle Securities Pty Ltd

VFSC (Company Number 40256)

The company aims to democratize access to global financial markets by offering a wide range of products with competitive trading costs and no minimum account size. Key points about Global Prime:

  • Holds the clients’ money in segregated accounts with HSBC (Europe's largest bank by total assets) and National Australia Bank (NAB);
  • 24/7 Customer Support;
  • Phil Horner currently owns the company (he also is the owner of Fusion Markets broker);
  • 20+ payment methods;
  • Execution time from 10MS;
  • Commission-free deposits and withdrawals.

Specifics of Global Prime Broker

The company has established itself as a leading broker by offering a range of features and services tailored to meet the needs of diverse traders. Here's a closer look at what sets Global Prime apart.

Broker

Global Prime

Account Types

Standard, Raw

Regulating Authorities

VFSC, ASIC

Based Currencies

USD, AUD, GBP, EUR, CAD, SGD, JPY

Minimum Deposit

Unlimited

Deposit Methods

Credit/Debit Cards, Crypto, PayPal, Neteller, Skrill, FasaPay, Perfect Money, Bank Wire, etc.

Withdrawal Methods

Credit/Debit Cards, Crypto, PayPal, Neteller, Skrill, AstroPay, Perfect Money, Bank Wire

Minimum Order

0.01 lots

Maximum Leverage

1:500

Investment Options

Autochartist Trading Signals, Social Trading via ZuluTrade

Trading Platforms & Apps

MT4

Markets

Forex, Indices, Commodities, Crypto, Bonds

Spread

Standard from 0.9 pips

Raw from 0.0 pips

Commission

Standard $0

Raw $3.5

Orders Execution

Market, Stop Loss, Take Profit, Limit

Margin Call / Stop Out

100% / 50% (ASIC)

90% / 20% (VFSC)

Trading Features

Signals, Pro Trading, VPS

Affiliate Program

Yes

Bonus & Promotions

FT Subscription, TradingView Premium, Referral

Islamic Account

No

PAMM Account

No

Customer Support Ways

Email, Live Chat, Phone, Ticket

Customer Support Hours

24/7

Global Prime Account Types

The next topic we must discuss in this Global Prime review is the account type. The company have two main account offering alongside a “Pro Trading” feature to cater to different styles and preferences.

Global Prime Account Types
The broker offers a Demo trading account and has no minimum deposit requirements

Features

Standard

Raw

Currencies

USD, AUD, GBP, EUR, CAD, SGD, JPY

USD, AUD, GBP, EUR, CAD, SGD, JPY

Commission

$0

$3.5

Spread

From 0.9 pips

From 0.0 pips

Leverage

Up to 1:500

Up to 1:500

Min Trade

0.01 lots

0.01 lots

Max Trade

1000 lots

1000 lots

Stop out

50%

50%

Margin

100%

100%

Scalping, Hedging

Yes

Yes

EAs

Yes

Yes

For Australian traders, the maximum leverage options are set to 1:30. However, the broker offers the “Pro Trading” mode for these clients which enables them to use leverage up to 1:500. Note that in Pro trading, the stop out level reduces to 20%.

Global Prime Upsides and Downsides

A dedicated trading expert, 24/7 support, technical, fundamental, news, and trade ideas are some of the benefits of Global Prime accounts. However, we should talk about the downsides, too, in order to have a balance look.

Pros

Cons

Regulated by reputable authorities (ASIC, VFSC)

MT4 is the only supported platform for now

Competitive trading conditions with low spreads and fast execution

Restricted access for traders from certain countries

24/7 customer support

Relatively low maximum leverage (1:500)

Segregated client funds for enhanced security

Lack of frequent trading bonuses or promotions

Registration and KYC Verification on Global Prime

Opening an account with Global Prime broker involves a straightforward registration process followed by a Know Your Customer (KYC) verification.

  1. Visit the broker’s official website;
  2. Click “Sign Up”;
  3. Provide your email address and set a strong password;
  4. Click “Verify Now”;
  5. Fill in the “Personal Details” form;
  6. Choose the account settings;
  7. Provide proof of identity (passport, driver’s license, ID card) and proof of address (utility bill, bank statement).

Global Prime Broker Trading Platforms

The company offers a sturdy trading solution for its clients, MT4. MetaTrader 4 is one of the oldest and most popular platforms in the market and is available across various systems and devices, including:

While no specific date hasn’t been indicated, the broker announces that it’s going to launch MT5, TradingView, and cTrader as its trading platforms pretty soon.

Global Prime Fee Structure

Global Prime Trading Costs
Global Prime broker only charges a $7 commission (per round lot) on Forex and Precious Metals in the Raw account

Exploring commissions and spreads is an important aspect of the Global Prime review. The broker offers a transparent and competitive fee structure. Average spread and commission for some financial instruments:

Asset

Avg. Spread (Pips)

Commission on Raw Account (per round lot)

EUR/USD

0.06

$7

GBP/USD

0.22

$7

XAU/USD

1.08

$7

BTC/USD

139.8

$0

US500

3.95

$0

UKGILT

3.2

$0

Swaps are also charged for holding positions overnight. Rates vary depending on the instrument and direction of the trade. The broker charges no deposit/withdrawal or inactivity fees.

Supported Payment Options on Global Prime

The company offers a variety of payment methods to facilitate easy deposits and withdrawals. Note that these transactions include no charges from the broker.

Method

Min Deposit

Min Withdrawal

Currency

Visa

$10

$10

USD, AUD, GBP,

EUR, SGD, CAD, JPY

MasterCard

$10

$10

USD, AUD, GBP,

EUR, SGD, CAD, JPY

Crypto

$10

$10

USD, EUR

PayPal

$10

$10

USD, AUD, GBP,

EUR, SGD

Neteller

$10

$10

USD, AUD, GBP,

EUR, SGD, JPY

Skrill

$10

$10

USD, AUD, GBP,

EUR, SGD, JPY

Bank Wire

$10

$30

USD, AUD, GBP,

EUR, SGD, JPY, CAD

The broker offers 10+ additional payment options, including GATE8, DragonPay, VNPay, FasaPay, Pagsmile, Bpay, POLi, AstroPay, Interac, PayID, Perfect Money, XPay, Mifinity, and Jetonbank.

Does Global Prime Offer Copy Trading and Growth Plans?

The company recognizes its clients' growing demand for social and copy trading features. While the broker doesn't offer its own proprietary copy trading system, it does provide integration with third-party services, like ZuluTrade.

ZuluTrade is a dedicated social trading platform with the “Profit Sharing” model. It charges a $30 monthly fee for the first month and a 25% rate of profits for the following months. To use the platform, you need to create a Global Prime MT4 account.

While Global Prime doesn't offer specific "Growth Plans," they provide various tools and resources to support trader development, including trading signals from “Autochartist”, Economic Calendar, and Trading Calculators.

Global Prime Broker Financial Markets

The company offers access to a wide range of financial markets (Over 150 tradable instruments), catering to diverse trading interests.

  • Forex: Major and minor currency pairs with leverage up to 1:500;
  • Indices: Major global stock indices like US500, NASDAQ, and UK100 with leverage up to 1:100;
  • Commodities: Precious metals (Gold, Silver), energy products (Crude Oil, Natural Gas), and agricultural commodities with leverage up to 1:100;
  • Bonds: Government bond CFDs like UKGILT, UST05Y, and UST10Y;
  • Crypto: Major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, with leverage up to 1:5.

Bonus and Promotional Programs on Global Prime

Global Prime Partnership Programs
You must choose between the Affiliate or the IB since you can apply for only one plan at a time

It’s time to discuss one of the most attractive topics in the Global Prime review: the bonus offering. The company doesn’t offer traditional bonus plans and emphasizes its resources on providing very low trading costs. However, it offers two “Partner Programs” with the following features.

  • Affiliate: suitable for influencers and publishers to earn competitive commissions on a CPA basis;
  • IB: Earn commissions on your referred clients as rebates with unlimited earning potential.

Global Prime Customer Support

The company prides itself on providing excellent 24/7 customer support to its clients through various channels, including:

Email

support@globalprime.com

Phone

+61 (2) 8379 3622

Live Chat

Very responsive and quick

Call Request

Through the “Contact Us” form in your profile

Address

Global Prime EN, Govant Building, BP 1276 Port Vila, Vanuatu

Global Prime Broker Geo-Restrictions

While the company aims to serve a global clientele, there are certain geographical restrictions due to regulatory compliance. Restricted countries on Global Prime:

  • Afghanistan;
  • Congo;
  • Iran;
  • Iraq;
  • Myanmar;
  • New Zealand;
  • North Korea;
  • Palestine;
  • Russia;
  • Somalia;
  • Sudan;
  • Syria;
  • Ukraine;
  • Ontario;
  • Yemen;
  • Japan;
  • United States or its territories.
Global Prime Restricted Countries
Traders should verify their eligibility before attempting to open an account

Global Prime Trust Scores

User satisfaction may be the most important subject of the Global Prime review. Trust is a crucial factor in choosing a broker, and the company has garnered positive trust scores from various sources.

TrustPilot

4.5 out of 5 based on 151 reviews

Forex Peace Army

4.8 out of 5 based on 424 comments

Google Reviews

4.4 out of 5 based on 42 comments

Does Global Prime Provide Educational Content?

The broker places a strong emphasis on trader education, offering a comprehensive suite of educational resources through its “Trading Guides”. This section of the Global Prime website covers various topics, including:

  • Beginner's guide to forex trading;
  • Advanced technical analysis techniques;
  • Risk management strategies;
  • Introduction to Indicators and Candlesticks.

Conclusion and Final Words

Global Prime provides access to Forex market through MetaTrader 4. It also utilizes the ZuluTrade platform to offer social trading services with a 25% commission rate. While the broker is regulated by multiple entities, including ASIC and VFSC, it’s not available in the United States.

FAQs

Is Global Prime a regulated broker?

The company is regulated by ASIC (Australia) and VFSC (Vanuatu).

What is the minimum deposit?

There is no minimum deposit requirement at Global Prime.

Does Global Prime offer MetaTrader 5?

The broker currently does not offer MT5.

Are there any deposit or withdrawal fees?

You don’t have to pay any deposit or withdrawal fees.

Can US traders open an account with Global Prime?

No, the broker does not accept clients from the United States or its territories.

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