| Updated: September 17, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Payment Methods
- Account Types
- Support
- Conclusion
Global Prime is a brokerage firm founded in 2010; just a year later the ribbon was cut and the broker welcomed its first clients. In just 13 years the brokerage firm has expanded its operations considerably, and today it services thousands of traders from all parts of the globe.
Global Prime aims to provide trading services that are easily accessible and, because of this, clients of the brokerage benefit from ultra-low trading costs and have an extensive range of products at their disposal. With no minimum account size requirements and leverage of up to 1:100, Global Prime is clearly a broker that traders might be willing to give a chance.
The broker knows that diversity is of paramount importance for traders, especially when it comes to the covered markets. Although Forex trading is Global Prime’s specialty, the broker also facilitates trading bond CFDs, indices, cryptocurrencies and commodities. The broker relies on MetaTrader 4, which is a trading platform of choice for many traders. To ensure that Global Prime will be an even more preferred financial services provider, the broker plans to make more platforms available, such as cTrader, TradingView and MetaTrader 5, soon.
Global Prime’s formula for success also includes providing traders with an ample range of options to pick from when it comes to account types. In addition to Raw and Standard accounts, clients of the brokerage can also set up a demo account and get a feel for everything on offer.
The brokerage is authorised to deal in foreign exchange contracts, derivatives and securities, and Aussie traders are not the only ones who can gain access to its services. The broker has obtained licences from the Australian Securities & Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).
The broker sets great store by the protection of its clients’ funds, and to ensure that they are properly safeguarded, Global Prime keeps them separate from the company’s funds.
| General Information about Global Prime | |
|---|---|
| Min. Deposit | $0 |
| Supported Languages | English |
| Supported Currencies | AUD, CAD, EUR, GBP, JPY, SGD, USD |
| Website | https://globalprime.com/ |
| Phone Number | +61 (2) 8379 3622 |
| Support Email | support@globalprime.com |
| Headquarters Address | Govant Building, BP 1276 Port Vila, The Republic of Vanuatu |
Regulations
Global Prime is a broker with extensive experience under its belt that is authorised to deal in foreign exchange contracts, securities and derivatives for wholesale and retail clients. The services Global Prime offers are mainly geared towards the needs and requirements of traders from Australia and, in order to operate in the jurisdiction, the broker has acquired a seal of approval from the Australian Securities & Investments Commission.
Today, Global Prime is one of the highest-rated brokerage firms and, in order to cater to traders from jurisdictions other than Australia, the broker has obtained a stamp of approval from the Vanuatu Financial Services Commission. Global Prime is owned and managed by Global Prime Pty Ltd., a company headquartered in South Yarra, 3141, Australia.
Because of the local laws and regulations that Global Prime must abide by, the broker is not allowed to accept clients from multiple jurisdictions, including Myanmar, Congo, Iran, Iraq, North Korea, New Zealand, Somalia, Sudan, Russia, Syria, Palestine, Ukraine, the United States and its territories, Ontario, and Yemen.
Trading Instruments
Global Prime seeks to offer trading services that are a cut above the services its rivals provide and to attain this, the broker gives its clients a wide array of instruments to trade with. As we said already, the foreign exchange market is the broker’s specialty, but Global Prime is also a go-to broker if traders are keen on trading commodities, cryptocurrencies, bonds, indices, or prefer index trading.The range of the offered tradable instruments mirrors the broker’s desire to provide traders with world-class services. Customers of the brokerage will not only be given quick and easy access to some of the world’s most liquid markets but will also get such no matter the time or the place.Forex
The foreign exchange market is Global Prime’s specialty, and the broker provides traders with access to some of the most popular currency pairs. Trading Forex with the broker comes with a number of benefits, and one of the main reasons traders might prefer Global Prime is its considerably lower pricing. Traders should also keep in mind that the account type they choose will not limit their access to the foreign exchange market, as both Standard and Raw account holders are allowed to trade Forex.
Clients of the brokerage firm have access to a wide array of FX pairs, including major, minor, and exotic currencies. Traders can go long or short on Forex positions and start small with micro lots. They should note that the maximum leverage available is 1:100, but this applies only under the Vanuatu license. Under the ASIC license, leverage is capped at up to 1:30 for major currency pairs and up to 1:20 for minor pairs.
Traders who register with Global Prime can trade major currency pairs such as USD/CHF, AUD/USD, USD/CAD, GBP/USD, and EUR/USD. Among the minor currency pairs offered by the brokerage are AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, EUR/AUD, GBP/AUD, NZD/CAD, and NZD/USD, to name a few.
Exotic currency pairs are also readily available, and traders can choose from options such as AUD/SGD, CHF/SGD, EUR/HUF, EUR/NOK, GBP/SEK, NOK/SEK, and SGD/JPY, among others.
Cryptocurrencies
Depending on their preferences, traders can also use Global Prime as their cryptocurrency CFD provider. It is easy to see why the brokerage is such a good choice for traders interested in cryptocurrencies. Global Prime gives them access to more than 35 coins with a 0.1% commission. The broker allows its customers to trade on margin at considerably lower costs, especially compared with most crypto exchanges available today.
Clients of the brokerage enjoy low-cost trading at its finest, whether they prefer to trade BTC/USD, ETH/USD, DOGE/USD, BNB/USD, BCH/USD, or XRP/USD.
Under its Vanuatu license, the broker offers maximum leverage of 1:5 on cryptocurrencies. Traders who access the brokerage under the ASIC license can benefit from leverage of up to 1:2. One of the biggest advantages of trading cryptocurrencies is that the market is open 24/7, so traders do not have to adhere to specific trading hours. Another advantage of the brokerage is that traders can learn the intricacies of cryptocurrency trading by using a demo account.
Commodities
Traders who set up an account with Global Prime are also allowed to trade commodities with tight spreads. The broker goes the extra mile to ensure that the pricing is sharp across all products offered, including popular commodities such as gold, natural gas, corn, and coffee, among others. It is hardly a coincidence that commodities are preferred by traders, as they are low-cost and offer a great way to diversify their portfolios. Last but not least, clients of the brokerage might choose commodities because they provide protection from the effects of inflation.
The upper limit on leverage available to Global Prime’s clients when trading commodities under the VFSC seal of approval, excluding gold, is 1:100. When trading commodities under the ASIC license, traders cannot access leverage higher than 1:10. If traders wish to trade gold, the maximum leverage offered is 1:20.
Bonds
Global Prime’s range of bond CFDs allows clients to trade some of the world’s most popular, highly liquid, and largest government instruments with competitive margins and no commission. It also offers low minimums. Clients who wish to trade bonds can choose between UK Gilts and US Treasury CFDs.
Bonds are popular because they tend to be less volatile and offer better protection. Moreover, bond trading is much more transparent. The minimum order distance for all account types when trading bonds is zero, while the margin call is 120%. Scalping is allowed regardless of whether traders access the broker under the ASIC or VFSC license.
Indices
If traders are looking for tight spreads and lightning-fast execution, they are bound to appreciate Global Prime’s index CFD offering. To deliver fast, precise pricing across its range of index CFDs, the broker relies on specialist non-bank market makers. Some of the most popular indices available to clients include UK100, GER40, and the S&P 500.
When trading indices with Global Prime, traders can gain exposure to an entire market sector at once and speculate on a group of shares for less than it would cost to trade them individually.
One of the biggest benefits of trading indices with Global Prime is that no commission is charged. Additionally, traders can go long or short on indices and take advantage of leverage of up to 1:100. For traders in Australia, the maximum leverage available when trading indices is 1:20.
| Instrument | Spread |
|---|---|
| AUDUSD | AVG 1.1 pips |
| EURGBP | AVG 1.19 pips |
| EURUSD | AVG 1.04 pips |
| GBPUSD | AVG 1.3 pips |
| NZDUSD | AVG 1.27 pips |
| USDCAD | AVG 1.25 pips |
| USDCHF | AVG 1.27 pips |
| USDCNY | AVG 6.29 pips |
| USDJPY | AVG 1.32 pips |
Trading platforms
Obviously, the satisfaction of its clients is a top priority for Global Prime, and, to ensure that its customers have a reason to keep on returning, the broker combines market-leading trading conditions with some of the most preferred trading platforms. No matter which platform traders decide to use, they will invariably be offered a wide range of assets to choose from and incredibly low costs.
Another thing traders might be happy to know about Global Prime is that the broker is friendly towards scalping, EAs and hedging.
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| MetaTrader 4 |   |   | |
| MetaTrader 5 | |||
| cTrader |
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 4 |
| Demo Account |  |
| Hedging |  |
| Scalping | |
| US Traders | |
| Arabic Traders | |
MetaTrader 4
To offer an unrivalled trading experience, the broker has combined its lightning-fast execution and market-leading pricing with MetaTrader 4, one of the world’s most popular trading platforms and a benchmark for retail trading. Familiar to many, MetaTrader 4 is among the most widely used trading platforms and is offered by a huge number of brokers, Global Prime included.
One of the biggest benefits of the platform is that it is accessible on desktop and portable devices via downloadable clients or its web version. If traders prefer to place orders and monitor them on their desktop devices, they can download and install MT4 on their computers using the download link in the GP Hub under the platforms section.
While using MT4 for Mac, traders will benefit from a user-friendly and customisable interface that will give them the confidence they might need when they are about to access global markets. When traders access the platform on their Mac-powered devices, they will be able to explore the full range of products the broker offers and benefit from the fastest one-click trading. Besides, traders are offered full EA functionality, three types of chart and technical analysis tools.
The platform is surprisingly simple to use for total novices, yet it still offers a wide enough range of features to meet the needs of seasoned traders as well. One of its biggest advantages is that traders can customise it to suit the way they trade.
Additionally, clients of the brokerage are given access to thousands of trading tools to plug into MT4. Traders will also discover statistically significant market movements and can trade 24/5, thanks to the automated trading tools on offer.
MetaTrader 4 for Android and iOS
Global Prime spares no effort to meet the requirements of all its clients, including those who insist on having the freedom to trade at any time or place. To get the dedicated apps, traders should use the links that take them to the App Store and Google Play.
Clients of the brokerage can trade with Global Prime on devices running Android and iOS without missing out on key functionalities. While on the go, traders will still be able to choose between demo and live accounts. Additionally, they are offered full transaction history and journal, three types of chart, more than 50 indicators, an economic calendar and MetaQuotes trading signals.
Both apps make it possible for clients of the brokerage to place and monitor their trades with ease. Furthermore, while out and about, traders can analyse the market and make better decisions using news and technical indicators.
What traders should bear in mind if they intend to start trading on the go is that using Expert Advisors (EAs) is not possible on handheld devices. Adding or using EAs is only possible on desktop devices.
WebTrader
Global Prime’s main goal is to make trading as easy as possible for all its clients, including those who want to save themselves the hassle of downloading and installing extra software when they want to get started. The broker’s WebTrader for MT4 allows users to place their orders straight from their browsers, whether they use Windows-, Mac- or Linux-powered devices. All they need is a stable Internet connection.
The broker is perfectly aware that agility matters to traders and gives them the opportunity to execute all their operations with ease via WebTrader for MT4. Its interface is incredibly user-friendly and fully customisable, and while using WebTrader, customers of the brokerage will benefit from nine timeframes, three chart types, trading history and 30 indicators.
Other platforms
Global Prime aims to enhance the services on offer and, because of this, the broker promises to expand the range of options and add several other trading platforms. When traders navigate to the platforms section, they will notice that TradingView, MetaTrader 5 and cTrader will be made available soon.
Payment methods
One of the principles the broker adheres to while offering its services is to make them accessible to as wide a client base as possible, and the choice of currencies proves this. While setting up their accounts, traders can choose from base account currencies such as USD, AUD, GBP, EUR, CAD, SGD and JPY.
The assortment of accepted payment solutions, whether extra fees are charged, and the speed at which deposits and cash-outs are executed are also among the top qualities of premium brokers, and Global Prime is aware of this. Traders are given a variety of ways to fund their accounts and make withdrawals, ensuring they can find a method that allows them to move their funds to and from the brokerage with ease.
Visa and Mastercard are accepted for all clients of the brokerage who prefer to carry out their payments using their debit or credit card. The choice of digital wallets is also quite extensive, and Global Prime clients can top up their accounts and withdraw their funds using PayPal, Neteller, Skrill and Jeton. Cryptocurrencies are also offered as a funding and withdrawal method.
Other banking options customers of the brokerage firm can use when making payments include QR code, POLi, AstroPay, BPAY, bank transfer, BinancePay, Perfect Money and Interac Online, among others. It is important to note that some of these payment processors are country-specific and therefore whether traders will be able to use them will depend on their country of residence.
With almost all of the accepted deposit methods, traders benefit from instant funding, and the minimum amount they are allowed to add to their accounts per payment is $10. Yet, if they prefer to use payment processors such as AstroPay, BPAY or POLi, they will be able to deposit a minimum of $1.
The minimum withdrawal amount at Global Prime is $10, no matter which payment method traders choose. Naturally, cash-outs take more time to clear, especially if traders opt for card payments or bank transfers, as these might take up to five days. Cash-outs through digital wallets are completed almost immediately after they are approved by the broker’s finance department. One of the boast-worthy features of the brokerage is that Global Prime does not charge extra fees on deposits and cash-outs.
| Brand | Minimum | Fees | Processing Time |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Up to 5 days |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $1 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $1 | Free of charge | 24-28 hours |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $1 | Free of charge | Instant |
 | $10 | Free of charge | Up to 3 hours |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
 | $10 | Free of charge | Instant |
| Brand | Minimum | Fees | Processing Time |
| $10 | Free of charge | 1-5 Business Days |
| $10 | Free of charge | 1-5 Business Days |
| $10 | Free of charge | 1-2 Business Days |
| $10 | Free of charge | Instant |
| $10 | Free of charge | Instant |
| $10 | Free of charge | Instant |
 | $10 | Free of charge | 1-2 Business Days (AU); 3-5 Business Days (Int.) |
| $10 | Free of charge | Instant |
| $10 | Free of charge | Instant |
| $10 | Free of charge | 1-2 Business Days |
| $10 | Free of charge | Instant |
| $10 | Free of charge | 1-3 Business Days |
 | $10 | Free of charge | Instant |
Account types
Global Prime users can register for two types of live account, depending on whether they already have some experience, or start with a demo account if they are complete beginners. Islamic accounts are also available while trading with the brokerage.
As explained earlier, whatever account type traders find most suitable for their needs, they can choose from the same range of base currencies, including USD, AUD, GBP, EUR, CAD, SGD and JPY.
| Market | Leverage |
|---|---|
| Metals CFDs | 1:20 (ASIC | Retail Account) |
| Metals CFDs | 1:100 (VFSC) |
| Commodities CFDs | 1:100 (ASIC | Pro Account) |
| Commodities CFDs | 1:10 (ASIC | Retail Account) |
| Commodities CFDs | 1:100 (VFSC) |
| Crypto CFDs | 1:5 (ASIC | Pro Account) |
| Crypto CFDs | 1:2 (ASIC | Retail Account) |
| Crypto CFDs | 1:5 (VFSC) |
| Forex CFDs | 1:500 (ASIC | Pro Account) |
| Forex CFDs | 1:30 (ASIC | Retail Account) |
| Forex CFDs | 1:500 (VFSC) |
| Indices CFDs | 1:100 (ASIC | Pro Account) |
| Indices CFDs | 1:20 (ASIC | Retail Account) |
| Indices CFDs | 1:100 (VFSC) |
| Share CFDs | 1:5 (ASIC | Retail Account) |
| Share CFDs | 1:20 (VFSC) |
Standard account
Traders who feel ready to start trading with real money can opt for a Standard account. This account type is better suited to clients who are making their first steps in trading mainly because no commission is charged, which saves them the hassle of calculating costs each time they wish to enter a trade.
One of the biggest benefits of trading with Global Prime is that the execution speed is as low as 10 s. Additionally, the broker prides itself on offering trading services that are accessible for everyone. To achieve this, Global Prime has zero minimum deposit requirements.
When spreads are concerned, the Standard account offers spreads from as low as 0.9 pips. The maximum trade volume is 1,000 lots, while the minimum trade size is 0.01 lot. There is also a 100% stop-out level. Another advantage of the Standard account is that hedging, EAs and scalping are all permitted.
Raw account
The other option for clients of Global Prime who want to trade for real money is the Raw account. Raw account holders will face a commission of $3.5, while spreads start from 0.0 pips.
All traders who set up a live account with Global Prime are offered personalised support. Thanks to the assistance of a dedicated trading expert, traders will be able to navigate the markets without hassle and thus make the most of the offered platforms.
The minimum and maximum trade sizes are the same as with Standard accounts. Scalping, hedging and EAs can also be used by Raw account holders.
Demo account
Clients of the brokerage who lack experience can learn how to trade Forex and the other securities on offer without risking their money by opting for a demo account. If they choose to access the demo account, they will have the chance to put their strategies to the test using virtual credits even while on the go.
Using the demo account is an excellent way to learn how to place orders, as traders will be able to access all 150-plus markets on offer. Besides, they will get unlimited virtual funds, which allows them to practise with as little or as much as they desire. Global Prime’s demo account is designed to replicate real trading as closely as possible and, because of this, traders are even offered around-the-clock customer care to support them along the way.
Customer support
Another outstanding feature of the brokerage firm is the premium-quality customer support offered to its clients. Global Prime has ensured that its dedicated team of support hosts is fully prepared to help traders with any queries they might have. The broker’s help desk operates around the clock, and the fastest way for existing and prospective customers to contact the support hosts is live chat. The live chat icon remains pinned in the lower right-hand corner of traders’ screens, ensuring it is easily accessible whenever assistance is needed.
Contacting the support hosts is also possible by phone, and if this is traders’ preferred channel of communication, they should call +61 (2) 8379 3622. Traders will receive a prompt and appropriate response if they forward their queries via email to support@globalprime.com. We contacted the support hosts several times and are happy to report that they responded almost right away and provided all requested information in a friendly manner.
Global Prime’s FAQ page is also worth a look if traders have questions about their accounts, the offered products, platforms or payments, among other topics. The information is exceptionally detailed and even first-timers are sure to find what they need with ease.
Conclusion
Global Prime is a broker that has much to offer traders of all experience levels. The broker provides several account types, including a demo account, to ensure that the available options meet the needs of all its clients. There is much to recommend about the brokerage firm, especially for traders who want access to a greater variety of markets and low costs.
Although the choice of platforms is currently limited to MT4, the broker promises to add three more platforms to its roster very soon. Additional payment methods will also be added to the already extensive list of deposit and cash-out methods. The quality of customer support should not be overlooked either, and Global Prime undoubtedly earns credit for its help department.