GLOBALPRIME

Read reviews

Advantages:

Not found

Disadvantages:

Not found

About company:

Global Prime is an Australian broker headquartered in Sydney. The company has offices in a number of European and Asian countries. Global Prime has been licensed to provide financial services to conduct financial transactions in Australia. The company has been operating since 2010 and is quite well known.

Products and services

Trading opportunities include futures and options futures as well as the foreign exchange market and cryptocurrency trading. More than 50 currency pairs are available to traders, including popular cryptocurrencies, CFDs on indices, metals and energy resources.

Asset security

According to information on the Global Prime website, all client funds are held in segregated accounts at Westpac. Westpac is Australia's first bank and one of the four largest banking organizations in Australia. Client funds held in the Global Master Trust Account are not used to hedge contracts. Global Prime funds security policy is in accordance with ASIC Client Money rules.

Accounts and currencies

Clients have access to ECN accounts. The broker also opens accounts with individual conditions. Account currencies USD, AUD, CAD, SGD, GBP, EUR.

Minimum deposit

The deposit starts at $ 200.

Spreads and commissions

Spreads start from 1 pip. Upper limit 3.

Leverage

For trading on the foreign exchange market 1: 200; CFD 1: 100; cryptocurrencies 1: 5.

Trading platforms

Global Prime offers its clients to use the leading MetaTrader4 trading platform available for Iphone, Android, Mac and Windows. There is free VPS hosting Via Beeks for faster execution. The MAM / PAMM system is functioning. The Myfxbook AutoTrade service is available - an automated service for copying transactions.

Support service

You can contact the support service during business hours using a special chat, as well as by phone or e-mail indicated on the broker's page. Please note the communication languages are English and Chinese.

Reviews of traders

Despite the fact that the broker has been working for almost 10 years, there is very little information about him. Among the reviews found, negative ones prevail.

Zac Orbul May 2, 2016

As with all these obscure brokers, everything was fine in the beginning, but now in European markets at 6 pm GMT, slippage reaches 8 points (80 pips) - with no news on the horizon. In general, I do not recommend ...

Qaiser Nov 16, 2015

My account on globalprime: 927673 I chose globalprime, for scalping it is my worst choice. I always use FPA to find brokers. I contacted Jeremy from Globalprime, he helped me set up an account. Other than that, everything else about Globalprime is one big disappointment. My main complaint is the slow execution of orders. For example, in one of the deals I won $ 80, I closed it, and in the end I got less than $ 50. The deal was for one standard lot. After clicking to close the deal, Globalprime takes a long time to do so. I noticed a slow execution of trades every time. Also the spreads are higher than many Forex brokers. The fees are also high.

Pros:

a wide range of trading instruments, including cryptocurrencies; activity is licensed; security of funds storage in accounts.

Minuses:

communication only in English and Chinese; withdrawal of funds only by bank transfer; high deposit for opening a trading account.

No one has commented on this broker yet

FAQ - BROKER QUESTIONS GLOBALPRIME

Do trader reviews affect the rating of GLOBALPRIME?
Any review can raise or lower the company's rating. To read the reviews, go to the forex or binary brokers rating and select the broker you are interested in.
How to leave a review about GLOBALPRIME on the ita.promo website?
To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.
Can the broker GLOBALPRIME be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. GLOBALPRIME received a rating of 1 out of 5 on our resource.