Global Prime is a leading online broker that offers trading services in over 40 tradable instruments across several asset classes, including commodities, cryptocurrency, forex, stocks, indices, metals, energies, and much more. Established in 2010, Global Prime now has clients in over 120 countries, with an average monthly trading volume of 30+ billion. The broker is known for its high-speed execution, tight spreads that start from 0 pips, and a customer-friendly support team that is available round the clock. Global Prime is also strictly regulated by a tier-1 financial authority.
Global Prime Review Introduction
In this Global Prime review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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Global Prime Platforms & Tools
Global Prime provides their clients with the widely acclaimed MetaTrader 4 trading platform, which is available as desktop applications, web terminals, and mobile apps for iOS and Android devices. The platform has a user-friendly interface, with advanced charting and automation features that allow for customizable trading systems. Global Prime also provides FIX API institutional trading platforms.
Apart from the tools that come with the platforms, the broker also provides the following tools: MyFXBook AutoTrade, Virtual Private Server (VPS), FX PIP Calculator, and MAM/PAMM scheme. With MyFXBook AutoTrade, clients can copy other traders’ signals directly into their own trading accounts.
Global Prime Research & Education
The broker helps their clients to improve their trading skills. There are educational materials in various formats, including articles, newsletters, videos, and guides, covering topics like trading psychology, chart analysis, and daily market insights.
Global Prime Trading Account
Global Prime offers just a single uniform account for its clients with a minimum deposit of $200 for account opening. The leverage could be 1:100 or 1:200 depending on the information you provide in the account-opening questionnaire. There is a commission of $3.5 per standard lot or $7 per 100k round turn. If you wish to test the waters before making commitments, you may practice with the Demo account.
Global Prime Account Funding
Global Prime makes account funding and withdrawal seamless through bank transfers, credit cards, and Neteller, an online payment. Online payments are faster than bank transfer which could take a few business days to clear. However, accounts could be opened in USD, EUR, AUD, GBP, CAD, and SGD.
Global Prime Customer Service
Global Prime has a team of professionals who offer 24/5 customer support through telephone calls, online chat, and email, and they are prompt with their responses. They are also available on Facebook and Twitter to attend to all issues that customers may face when opening accounts and trading.
Global Prime Regulation
This broker is duly accredited and regulated by the Australian Securities and Investment Commission (ASIC). A Vanuatu-registered subsidiary, Gleneagle Securities PTY Limited is licensed and regulated by the Vanuatu Financial Services Commission (VFSC).
Global Prime Summary
Global Prime is an online broker that provides their clients with industry-standard trading experiences through the MT4 trading platform and FIX API. The broker offers good execution speed and competitive fees and provides a range of educational resources and 24/5 customer support services.
It is worth mentioning that some of the trading products and services in this Global Prime review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Global Prime broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.