Overview
Global Prime is an Australian forex and CFD broker founded in 2010, operating through ASIC-licensed FMGP Trading Group and VFSC-regulated Gleneagle Securities in Vanuatu. It offers trading in forex, indices, commodities, US stocks, and cryptocurrencies via MetaTrader 4 and MetaTrader 5.
Global Prime: questions and answers
Is Global Prime regulated?
Yes, Global Prime is licensed by 2 regulators: ASIC, VFSC. They include top-tier regulators such as ASIC. Always check which entity you open your account with, as protection depends on the regulator.
What is the minimum deposit at Global Prime?
Global Prime has no minimum deposit to open an account, though some payment methods have their own minimums.
What is the maximum leverage at Global Prime?
Leverage at Global Prime goes up to 1:1,000, depending on the regulator, account type and instrument. High leverage magnifies both profits and losses.
Which trading platforms does Global Prime offer?
Global Prime offers trading on MetaTrader 4, MetaTrader 5.
What can I trade with Global Prime?
Global Prime lets you trade Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices.
Does Global Prime have a demo account?
Yes, you can open a free demo account at Global Prime to practise with virtual money before trading for real.
When was Global Prime founded?
Global Prime was founded in 2010.
Licences
| Regulator | Licence number | Last verified |
|---|---|---|
| ASIC — Australian Securities and Investments Commission Verify on the official register | 385620 | — |
| VFSC — Vanuatu Financial Services Commission | 40256 | — |
Available markets
Key facts
| Percentage of losing CFD accounts | 74-89% |
|---|
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