Recent content by jemook-old

Hi all, I'm pleased to announce the following: AFCA has dismissed all of the issues raised by Shiro21 in his extensive complaint and the final determination is in Global Prime's favour. AFCA is the Australian Financial Complaints Authority. I won't be posting the full response as it has not...

Heya umpar, The evidence we already posted shows that we fit the retail definition of ECN. The following posts explain most of what you are asking about. 1. On Vidarr, Global Prime & Gleneagle Relationship and our A-book Model 2. Addressing main concerns, How we make money, Global Prime as an...

Thank you Doogie, much appreciated. Our reviews over almost 10 years at FPA are overwhelmingly positive with a 4.7 out of 5 star rating making us the #1 rated FPA broker with over 350 reviews. I'm glad you are enjoying your trading with us especially seeing that you've been in the markets for...

Appreciate it @V_Thabo :D If anyone wants to save the trouble of sifting through 12 pages of waffle (mmm waffles) here's all the links of Global Prime's take on this thread presented in order: 1. On Vidarr, Global Prime & Gleneagle Relationship and our A-book Model 2. Addressing main concerns...

Hi @Shiro21, As described in point 6 and 7 above the LP for XTIUSD was Vidarr who received and filled your trades. The same as if you had traded crypto CFDs where the sole LP would have been LMAX as a single provider for those products. Unlike any broker on the planet we offer retail clients...

Hi @jamho22 - Thanks for all the kind sentiments, we appreciate it. The trade flow process is correct for what practically happens in a matter of milliseconds. What happens legally is different. In legal terms, there are several agreements between entities and counterparties which are...

I will re-iterate again these extremely important points. Global Prime does not run a b-book which is where losing clients are separated into the b-book with the intent to profit from the clients losses. Global Prime does not profit from client losses. Global Prime does not have any...

We spoke to two lawyers, in house counsel, and external compliance about our use of the term 'ECN' when we relaunched our website in early 2020. We are very comfortable with our use of the terms 'ECN' and 'A-book' to describe our business model. The disclosures on our website were seen to be...

@Shiro21 The reason why we deal with you as principal is because it's a bilateral agreement between you and us. We issue the product to you as principal. All CFD providers deal with their clients as principal and this has no relation to the dealing model of Global Prime or any provider. For...

@shilo21 You traded over 8 months. Thousands of trades. Every single Livechat interaction rated positively. Not a single complaint on your executions or our service during your entire time with us. Finally after you finish trading you hit us up for a rebate of all of your trading losses (not...

Hi Shilo, You traded with us for long enough to make over 1,000 trades as you said. During this time you didn’t make a single complaint about any of your trade executions. Your complaint only came after you incurred the self-traded losses on your account. Your basis of your claim wasn’t about...

Hi Shiro21, Lots to unpack here, will come back shortly so I can give a detailed and nuanced response to the points you've raised. Global Prime has one of the highest ratings on FPA from almost 10 years of service and I doubt we could have achieved that by being a dishonest scam broker as...

Thanks for the lovely words carolammo! Happy to be looking after you :)

We have just launched Paypal as a payment and withdrawal option. Very excited to release this feature. Also very quietly we have launched TradingView trading for all Global Prime members! https://www.globalprime.com/platforms/tradingview/

Hi Gigi, welcome! Things are pretty quiet in this forum but if you'd like you can ask us any questions over here or email GP direct. Cheers Jeremy