Global Prime Rated 3/5

Global Prime Guide - Read our In Depth 2024 Global Prime Review

This detailed Global Prime review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, Spread Betting, Share Dealing.

Learn more about Global Prime.

Benefits of Trading with Global Prime

Global Prime Review 2024 Quick Summary
💰 Min Deposit 10
👱‍♂️ Used By 10,000 Global Prime users and traders
📆 Founded 2008
🌍 HQ Australia
👮‍♂️ Regulation Australian Securities and Investments Commission (ASIC)
🚫 Excluded Countries Global Prime is not available in the following countries :

Open Global Prime's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Global Prime?

Global Prime are a worldwide financial trading platform and broker. founded in 2008

Over 16 years later Global Prime now serves over 10,000 retail investors Forex trading, Spread Betting trading, and Share Dealing trading.

Global Prime are a global broker. Global Prime have a head office in Australia.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Global Prime review and assess how well the Global Prime platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Global Prime. Choosing or shortlisting a trading platform like Global Prime can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Global Prime.

As a result, selecting the right trading platform like Global Prime requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Global Prime available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Global Prime requires thorough due diligence and careful consideration. Some Global Prime trading features can be complex when trading on mobile or using the Global Prime online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Global Prime trading tools properly. In our review of Global Prime we explain the pros and cons. What Global Prime offer, countries Global Prime are available in. Who Global Prime are regulated by and more.

Global Prime Review Screenshot

When it comes to online trading with brokers like Global Prime, carefully review Global Prime as your broker can make or break your success. Choosing the right broker is essential to ensure your Global Prime investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Global Prime review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Global Prime. You must also ensure the Global Prime broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Global Prime needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Global Prime into easily digestible information in this Global Prime review. We want to ensure you have all the knowledge necessary to use the Global Prime trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Global Prime are the key to successful trading, so we've provided this detailed Global Prime review. So, take a seat, grab a cup of coffee, and dive in to learn about Global Prime and how it can benefit you or if Global Prime is not for you.

Online investing with Global Prime can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Global Prime, evaluating the Global Prime platform is important. Evaluation includes researching the Global Prime management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Global Prime. That's why it's essential to understand the Global Prime company policies and practices before making any investment decisions. By doing your due diligence and understanding Global Prime platform, you can make informed investment choices that align with your financial goals. So take the time to research Global Prime thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Global Prime review you need to determine if Global Prime is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Global Prime, so you can make a more informed decision and compare other brokers against Global Prime.

If you want to look at some Global Prime alternatives that might better fit your needs, we list and compare some of the best Global Prime alternatives further down this Global Prime review.

Trading online with Global Prime requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the Global Prime trading tools and features. You must know what you are doing when trading with Global Prime. That's why we've compiled this detailed Global Prime review with some important information that will hopefully make you more informed when online trading with Global Prime.

Global Prime Review Table of Contents

Global Prime review
Global Prime is a Multi-Assets Trading Platform with over 128+ Assets

Learn more about Global Prime. Global Prime is a multi asset platform with 128+ tradable Assets. Assets available on Global Prime include Forex trading, Spread Betting, Share Dealing.

Global Prime trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Spread Betting, Share Dealing are considered financial assets.

Features of Global Prime

Global Prime review
What you should know

Global Prime offer three ways to trade: Forex trading, Spread Betting, Share Dealing. The assets and products available to you on the Global Prime trading platform depends on the region of the world, you are in and the Global Prime entity you have an account.

With Global Prime you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with Global Prime platform.

Global Prime are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Global Prime safe?

When considering Global Prime for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Global Prime, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2008, and in operation for 16 years Global Prime have a head office in Australia.

Global Prime is regulated. This means Global Prime are supervised by and is checked for conduct by the Australian Securities and Investments Commission (ASIC) regulatory bodies.

Global Prime withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Global Prime are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Global Prime are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Global Prime and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Global Prime has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Global Prime will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Global Prime, you can enjoy peace of mind and focus on your trading activities. If Global Prime violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Global Prime?

All payments made to Global Prime by traders are securely held in a segregated bank account.

Global Prime uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Global Prime use them?

Global Prime partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Global Prime clients' funds.

Global Prime clients can have greater confidence in their financial security when working with a Tier 1 bank because Global Prime are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Global Prime deposited in a Tier 1 bank?

Depositing funds with Global Prime ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Global Prime were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Global Prime is a secure and safe platform.

Please be aware that trading in financial assets with Global Prime carries a risk of loss. Global Prime trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Spread Betting, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Global Prime emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Global Prime, let's closely examine its features.

To better understand the Global Prime trading platform, you can create two separate accounts - one with real money and the other a Global Prime demo account. A Global Prime demo account provides a risk-free environment for experimenting with the Global Prime platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Global Prime trading decisions.

Open a demo account Visit Global Prime

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Global Prime as a Company Compare Against Other Brokers

Broker globalprime IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office Australia Australia Belize Cyprus, UK
Regulation Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Global Prime users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Global Prime Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

Global Prime review
Global Prime Pros and Cons

What we like about Global Prime

  • Used by over 10,000 Global Prime users and traders
  • Established in 2008
  • Regulated by Australian Securities and Investments Commission (ASIC)
  • Min. deposit from $10

What we don't like about Global Prime

Global Prime review
Global Prime Regulation and Licensing in more detail

Global Prime is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Global Prime going into insolvency. Global Prime compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Global Prime to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Global Prime traders.

Global Prime is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Global Prime you should be sure they're legitimate online agent.

Is Global Prime Global?

Yes, Global Prime is global as Global Prime is available in over 194 countries.

Global Prime is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Global Prime covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Global Prime has a total of more than 10,000 users.

Global Prime review
Global Prime Fees Explained

  • Global Prime withdrawal fees varies on payment method
  • Global Prime does charge a fee for inactive accounts.
  • Global Prime does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Global Prime are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Global Prime Costs To Check

Modern brokers like Global Prime provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Global Prime may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Global Prime trading profitability.

How Global Prime Fees Compare Against Other Brokers

Broker globalprime IC Markets Roboforex eToro
Min Deposit 10 200 10 100
Withdrawal Fees varies No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

Global Prime Minimum Deposit

Global Prime requires a minimum deposit of 10 GBP/USD/EUR when opening an Global Prime trading account.

A minimum deposit is the minimum amount of money required by Global Prime to open a new online brokerage account with them.

Don't be scared off by brokers like Global Prime charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Global Prime, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Global Prime Withdrawal Fees

The fees for withdrawing funds from your Global Prime account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Global Prime withdrawal request is important.

Global Prime Withdrawal rules may vary across different brokers when it comes to transferring funds from your Global Prime or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Global Prime may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Global Prime withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Global Prime. Researching and comparing Global Prime withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Global Prime funds frequently or dealing with large sums of money. Awareness of these Global Prime fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Global Prime funds.

For example, Global Prime allows you to withdraw your funds to Credit cards, Debit cards, Skrill, Neteller, Bank Transfer, Union pay.

Global Prime Inactivity Fees

Global Prime does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Global Prime terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Global Prime fees and services. It's recommended that you check the Global Prime website before signing up. If you decide to close your Global Prime account, it's important to do so with the Global Prime broker customer support and obtain confirmation that no remaining Global Prime fees are due.

Brokers like Global Prime must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Global Prime Deposit Fees

Global Prime do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Global Prime Commission Fees

Global Prime does charge commission on CFD instruments.

Brokerage firms like Global Prime may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Global Prime trading account level held by the trader.

Global Prime may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Global Prime terms and conditions to understand the commission fees and any other charges that may apply is essential.

Global Prime review
What can you trade with Global Prime?

It's essential to note that the trading instruments offered under the Global Prime brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Global Prime trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Global Prime over 128 instruments in fact.

If you want to trade currency pairs on global Forex markets, Global Prime offer over currency pairs.

Global Prime Compared To Other Brokers

Compare Global Prime with IC Markets and Roboforex below.

Your capital is at risk

How Global Prime Trading Options Compare Against Other Brokers

Broker globalprime IC Markets Roboforex eToro
Instruments Available 128 2250 100 5000
Platforms MT4,Desktop. MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Global Prime
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

Global Prime review
Trading on Global Prime web platforms and other applications

Global Prime offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Global Prime also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Global Prime's platforms

Is the Global Prime Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Global Prime trading platform to protect you on PC and mobile Global Prime platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Global Prime web trading platforms.

Global Prime Trading Platform Options

After logging into your Global Prime account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Global Prime does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Global Prime does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Global Prime gives you.

Global Prime review
Global Prime MetaTrader 4 (MT4)

Global Prime MetaTrader 4

Global Prime MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Global Prime offers traders comprehensive features and tools to enhance their trading performance. The Global Prime MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Global Prime platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Global Prime traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Global Prime traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Global Prime trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Global Prime MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Global Prime, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Global Prime MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Global Prime allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Global Prime in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Global Prime MetaTrader 4 is compatible with the latest macOS. Global Prime allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Global Prime

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Global Prime MetaTrader 4 on iOS Devices

You can download the Global Prime app or trade with Global Prime through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Global Prime customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Global Prime MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Global Prime offers its clients access to the MetaTrader 4 platform on these devices. With the Global Prime MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Global Prime traders to stay on top of their trades and react quickly to changes in the market. With the Global Prime MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Global Prime MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Global Prime are a powerful bundle of three major indicators designed to help traders make informed decisions. Global Prime MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Global Prime traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Global Prime traders to potentially stay one step ahead.

Global Prime MetaTrader 4 Advanced Trading Tools

The Global Prime MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Global Prime traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Global Prime provides traders with everything they need to succeed. The Global Prime MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Global Prime traders to analyze the market at any level of complexity.

Trade Global Prime MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Global Prime MetaTrader 4 AutoChartist

Autochartist on the Global Prime platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Global Prime MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Global Prime traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Global Prime users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Global Prime traders can navigate the platform and find the information they need to make informed trading decisions.

Global Prime Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Global Prime traders of all experience levels.

Global Prime Trading benefits

  • Global Prime Allows scalping
  • Global Prime Offers STP
  • Global Prime Low min deposit

Global Prime Trading Accounts Offered

Below we give an overview of the account types that Global Prime offer. Whatever you are looking to trade, the varying Global Prime account types will be able to provide you with what you need.

  • Global Prime Demo account
  • Global Prime Standard account
  • Global Prime ECN account
  • Global Prime STP account

Can I try Global Prime?

Global Prime provides a demo account that enables individuals to explore trading before investing their funds. By creating a Global Prime practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Global Prime demo account can help individuals to make informed decisions before investing their money.

Open a demo Global Prime account to practice and trade.

Your capital is at risk

Global Prime withdrawal and funding methods

It's essential to remember that the payment methods provided by Global Prime vary based on the Global Prime entity and the Global Prime client's country of residence. To view the Global Prime payment options available, you can log into your Global Prime member's area.

Global Prime offers various funding payment methods listed in your Global Prime dashboard if available in your region. To learn more about the Global Prime funding and withdrawal options available in your area, you can explore the Global Prime website.

Global Prime provides several payment methods for funding your Global Prime account. You may utilize any of these deposit options if they are available in your region. Global Prime ensures that users have multiple payment methods to choose from, making it more convenient for verified Global Prime account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Global Prime user's location. learn more about Global Prime funding and withdrawal methods.

Global Prime Payment Methods

Some Global Prime payment methods are local and are available only to specific regions. Global Prime account holders should check which payment methods are provided in your region.
  • Global Prime accepts Credit cards
  • Global Prime accepts Debit cards
  • Global Prime accepts Skrill
  • Global Prime accepts Neteller
  • Global Prime accepts Bank Transfer
  • Global Prime accepts Union pay
Broker globalprime IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer No No Yes No
Neteller Yes Yes Yes Yes

*please note available Global Prime and other broker payment methods depend on the clients country of residence.

How can I start trading with Global Prime?

To open a trading account with Global Prime, individuals can sign up on the Global Prime website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Global Prime account validation and making a deposit. Once completed, Global Prime users can download the trading platform of their choice.

It's important to note that Global Prime requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Global Prime maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Global Prime trading platforms is available on their website.

Your capital is at risk

Performing trades with Global Prime

When using Global Prime, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Global Prime have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using Global Prime can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Global Prime margin requirements can differ depending on the traded instrument.

Education Resources at Global Prime

To trade effectively with Global Prime, it's important to have a good understanding of the Global Prime trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Global Prime and externally.

Global Prime . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Global Prime. Familiarizing yourself with the Global Prime trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Global Prime. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Global Prime involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Global Prime, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Global Prime. Explore the Global Prime platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Global Prime, before live trading.

Customer Support at Global Prime

As part of our Global Prime review, we review customer service options, response times and problem resolution effectiveness on the Global Prime trading platform. The Global Prime trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Global Prime Available Support Types

Based on our experience, we have given Global Prime a D grade for customer support. We encountered some slow response times or Global Prime queries that were left unanswered.

Compared to other brokers, Global Prime offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Global Prime

Our team tested the live chat support of Global Prime and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested Global Prime support services in various countries and languages and found that Global Prime were able to effectively resolve our customer issues.

Email Support at Global Prime

We tested the email support of Global Prime by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Global Prime response.

The Global Prime team did resolve and answer our queries, but the email support from Global Prime was overall average compared to other brokers we have tested.

Phone Support at Global Prime

We contacted Global Prime via phone and received quick assistance within 10 minutes of our call.

The Global Prime phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Global Prime and found that they could assist us in various languages.

While we found the Global Prime phone support satisfactory, there is room for improvement in response time.

See how Global Prime Support Compares Against Other Brokers

Broker globalprime IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Global Prime Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Global Prime

As Global Prime is regulated by Australian Securities and Investments Commission (ASIC).

As a new client of Global Prime, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Global Prime in your region. During the Global Prime account opening process, you will be asked to provide Global Prime with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Global Prime have the following documents available.

  • Global Prime require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Global Prime compliance. This must be dated within the last six months.
  • If you plan to fund your Global Prime account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Global Prime platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Global Prime Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Global Prime's platform.

However, remember that you won't be able to make trades on Global Prime until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Global Prime KYC compliance process as soon as possible to avoid any delays in accessing the Global Prime platform's features.

It is important to note that Global Prime may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Global Prime platform and features immediately. However, you must pass the verification process to start live trading with Global Prime, which can take up to a few business days.

To start the process of opening an account with Global Prime you can visit the Global Prime trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.globalprime.com.au/ on March 26, 2024.

Is Global Prime A Good Broker?

We have spent over 5 years examining Global Prime in depth. Although we found some very useful aspects of the Global Prime platform that would be useful to some traders. We feel that a alternative to Global Prime may better suit you.

  • Global Prime have a good track record of offering Forex trading, Spread Betting, Share Dealing.
  • Global Prime has a history of over 16 years.
  • Global Prime has a reasonable sized customer support of at least 10.
  • Global Prime are regulated by the Australian Securities and Investments Commission (ASIC). Global Prime is subject to strict regulatory oversight from its respective jurisdiction, which holds Global Prime (the broker) accountable for misconduct. This regulatory framework helps ensure that Global Prime operates fairly and transparently and provides Global Prime customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Global Prime.
  • Global Prime have regulation from reputable regulators.
  • One of the advantages of using Global Prime is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Global Prime are particularly important as Global Prime traders want to receive their money quickly. With the efficient Global Prime payment processing system, traders can enjoy faster access to their Global Prime funds.
  • Global Prime have an international presence in multiple countries. Including local Global Prime seminars and training.
  • Global Prime can hire people from various locations in the world who can better communicate in your local language.

Global Prime Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Global Prime not quite right?

If after reading this Global Prime review, Global Prime does not fulfill your needs check out these Global Prime Alternatives.

Click here to view the best Global Prime Alternatives

We have spent years researching the best alternatives to Global Prime. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Global Prime alternatives available today. If you are unsatisfied with Global Prime or want to explore other options, we recommend checking out our carefully curated list of highly-rated Global Prime alternatives. Follow the links below to learn more about these Global Prime broker alternatives and choose the one that best suits your trading needs.

Related Global Prime Vs Comparisons

Throughout our comprehensive Global Prime review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Global Prime against other popular brokers in the industry, check out our Global Prime Vs pages. Our team has compiled a series of detailed Global Prime comparison articles, pitting the Global Prime platform against some of the best-rated Global Prime competitors in the market. Dive into our informative Global Prime Vs pages below to find out how Global Prime stacks up against other leading brokers.

Global Prime review
GLOBAL PRIME Frequently Asked Questions

Read our detailed Global Prime FAQ Section updated for 2024.

Can I try Global Prime?

Global Prime offer a demo account so you can try the Global Prime platform with virtual trading before you put down a payment. Virtual trading with Global Prime is zero risk. Learn more here

What funding methods do Global Prime accept?

Please note that the list of payment methods below depends on the Global Prime Entity and the client's Country of Residence.

Global Prime offer the following funding payment methods Credit cards, Debit cards, Skrill, Neteller, Bank Transfer, Union pay, among other payment methods.
Learn more here

Your capital is at risk

Is Global Prime safe?

Global Prime have over 10,000 users. Global Prime are considered reliable as they are regulated by and checked for conduct by the Australian Securities and Investments Commission (ASIC). Any payments funded to Global Prime accounts by traders are held in a segregated bank account. For added security,Global Prime use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Global Prime is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Global Prime unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is Global Prime trading good?

Global Prime is considered good and reputable to trade with Global Prime. Global Prime is used by over 10,000 traders and Global Prime users. Global Prime offers Forex trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Global Prime is 10.

Is Global Prime trading Legit?

Global Prime was founded in Australia in 2008. Global Prime has been facilitating trade on the financial markets for over 16 years. Global Prime offers clients Forex trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Global Prime are held in segregated bank accounts for security. Global Prime is regulated by Australian Securities and Investments Commission (ASIC) so can be considered legit.

Is Global Prime a good broker?

Global Prime allows Forex trading, Spread Betting trading, and Share Dealing trading. Global Prime is overseen by the top tier financial regulators Australian Securities and Investments Commission (ASIC) so can be considered a good broker.

Is Global Prime trustworthy broker?

Global Prime is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Global Prime, money is in a segregated bank account that is separate from Global Prime company's funds. As a regulated broker, Global Prime cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Global Prime. Instead, your Global Prime funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Global Prime. Also Global Prime is regulated in its local jurisdictions including major financial regulators like Australian Securities and Investments Commission (ASIC).

What is the minimum deposit for Global Prime?

The minimum deposit to trade with Global Prime is 10.

How long do Global Prime withdrawals take?

Withdrawing money from Global Prime processing time varies depending on the method but averages 1-5 days.

Is Global Prime regulated?

Global Prime is regulated by the Australian Securities and Investments Commission (ASIC). Regulatory bodies conduct regular reviews and audits as part of Global Prime maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Global Prime a market maker?

Global Prime is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with Global Prime?

When opening a trading account with Global Prime, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Global Prime trading platforms, you can follow the link provided below: Learn more about signing up with the Global Prime trading platform here. This will provide useful information and insights into the various trading platforms offered by Global Prime, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Global Prime?

Yes your money is safe with Global Prime.

Overall, strict financial regulation is essential for ensuring that trading platforms like Global Prime operate fairly, transparently, and responsibly, which ultimately benefits all Global Prime stakeholders involved.

Trading platforms like Global Prime must have strict financial regulation for several reasons:

  • Protecting Global Prime Investors: Strict financial regulation ensures that investors who use the Global Prime trading platform are protected against fraudulent or unethical behavior by the Global Prime platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Global Prime platform.
  • Maintaining Global Prime Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Global Prime trading platform. Regulatory procedures reduce the likelihood of the Global Prime platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Global Prime Transparency: Regulations require trading platforms like Global Prime to maintain detailed records and disclose Global Prime client information. Financial regulatory requirements enhances transparency and helps to build trust between the Global Prime platform and its investors.

Global Prime is regulated by the Australian Securities and Investments Commission (ASIC). When selecting a broker such as Global Prime, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Global Prime ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Global Prime.

Is Global Prime a con?

Global Prime is regulated and well established, having been in business for over 16 years. Global Prime is not a con.

Can you make money with Global Prime?

Although traders have had great success with Global Prime, trading on the financial markets with Global Prime is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Global Prime have fees?

Global Prime withdrawal fees vary on payment method.Global Prime does charge a fee for inactive accounts. Global Prime do charge deposit fees.

When was Global Prime founded?

Global Prime was founded in 2008.

How many people use Global Prime?

Global Prime is used by over 10,000 registered Global Prime users.

What is Global Prime Headquarters country?

Global Prime has its head quarters office in Australia .

Does Global Prime offer negative balance protection?

Global Prime does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Global Prime offer guaranteed stop loss?

Global Prime does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Global Prime allow scalping?

Global Prime offers scalping.

Does Global Prime allow hedging?

Global Prime does not offer hedging.

Does Global Prime offer CFD trading?

Global Prime does not offer CFD trading.

Does Global Prime offer STP?

Global Prime offers STP trading.

How many people use Global Prime?

Global Prime is used by over 10000 Global Prime users and traders.

Is Global Prime an ECN broker?

Global Prime offers ECN trading.

Does Global Prime offer a demo account?

Global Prime offers a demo account.

Does Global Prime offer an Islamic account?

Global Prime does not offer Islamic accounts.

What are the funding methods for Global Prime?

Please note that funding methods and options available with Global Prime can be found in the Global Prime Members area and depend on the Global Prime client’s country of residence. Please check your specific available payment methods on the Global Prime website. Global Prime accept the following funding methods : Credit cards, Debit cards, Skrill, Neteller, Bank Transfer, Union pay.

Global Prime review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Global Prime brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Global Prime review written by Mark Hansen of Comparebrokers.co