Global Prime review - regulations, trading platforms, broker features, and user ratings.

4.737 • 422 REVIEWS
Gleneagle Group Was
Updated: Sep 19, 2023

5 star review by Anand R Avakanvar, Australia

I have been using Global Prime for almost a year now. GlobalPrime (GP) is one of the very few brokers in the industry who actually provides receipt for trades I took. I am really impressed by their prompt customer support and honest brokerage service. 

What is Global Prime?

Global Prime is an Australian forex broker established in 2010 and regulated by ASIC (Australia) and VFSV (Vanuatu).

Global Prime offers popular MT4 trading platform as well as Trader Evolution Desktop, and Trading View platforms.

GlobalPrime trading instruments include over 40 forex currency pairs, cryptocurrencies including Bitcoin, Ethereum, as well as commodities, stock indexes, and individual stocks as CFDs.

GP broker supports all trading styles including news spike trading, expert advisors, and scalping. Global Prime is connected with ZuluTrade, supports MyFxBook CopyTrade and provides Demo accounts for strategies testing.

Please read Global Prime reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $200
Established: 2010
Address: Level 10, 627 Chapel St, South Yarra, Victoria, Australia, Australia
Contact:, 61 (2) 8379 3622
Regional offices:
Regulators: ASIC #385620, VFSC #40256
Prohibited countries:
Trading platforms: MT4, WebTrader, Desktop Terminal, MobileTrader (MobileApp)
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (45+)
Cryptocurrencies: Bitcoin, Litecoin, Ethereum
CFD: (25+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities, ETF

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
PAMM: ✅ Yes
Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AccentPay, Boleto, BPAY, Dragonpay, FasaPay, Local Bank Deposits, Local Bank Transfers, Neteller, PayPal, Poli, QR Payment, SEPA (Single Euro Payments Area), Skrill, Zotapay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
* Please check broker website for more information
4.737 • 422 REVIEWS

Recent User Reviews of Global Prime

Buenos Aires, Argentina,
Jun 25, 2022,
Registered user

Loss caused by connection error in GlobalPrime Real Account, with proof

Service use: Live Length of use: 0-3 Months
If the server of the Real Account with GlobalPrime 978701 was disconnected when the operation was being reversed, it was not a third party (it sent the signal from the demo account of GlobalPrime to the real account of GlobalPrime with mirror, in the demo account it was closed with profit, in the real account when it was not closed it accumulated loss and in the log of the real account it appeared error of connection with the server of GlobalPrime (real), and I had to close it with loss. (Support Ticket: 162989)


Demo Account

Login: 2302955
Investor: xruz2ww (Copy signal)

Real Account GlobalPrime: 978701 Logs: (file: 20220524.txt)

1 14:04:05.875 '978701': connect failed [No connection]
1 14:04:06.047 authorization failed
1 14:04:08.597 authorization failed
0 14:05:47.476 '978701': login on GlobalPrime-Live through Main IP (ping: n/a)
0 14:05:51.508 '978701': previous successful authorization performed from
0 14:06:19.163 '978701': auto connecting to a better access point Main DNS (ping is 176.83 ms)
0 14:06:20.519 '978701': login on GlobalPrime-Live through Main DNS (ping: 176.83 ms)
0 14:06:22.414 '978701': previous successful authorization performed from
1 14:10:56.431 '978701': connect failed [No connection]

Be careful, I lost 1/4 of my salary trying to recover the loss caused by his mistake.
3 traders have found this review helpful
British Columbia, Canada,
May 25, 2022,

Great Platform and Customer Service

Service use: Live Length of use: over 1 Year
I have been with Global prime for 3 years and that has not changed. Great platform as well with competitive spreads.
The team has a unique and personal approach to customer service. I am always confident that any issue that may come up will be handled quickly and as efficiently as possible. Thanks GP!
Tokyo, Japan,
May 24, 2022,

Excellent Broker!!

Service use: Live Length of use: 3-6 Months
I've been using Global Prime for about 4 months and I've been loving it!! I personally like to trade on Tradingview, so I really like that I can trade on Tradingview with Global Prime. Low spreads, great and quick customer service, good leverage, what else can I ask? Highly recommended!!
Global Primeを使い始めて4ヶ月になりますが、とても良いですね。FX始めて1年半色々なブローカーを試しましたが、個人的には一番好きです。Tradingviewでトレードできること、レバレッジも100倍まである、スプレッドは低い、カスタマーサービスは速くて丁寧、言うことなしですね!日本のクレジットカードだとドル建てのアカウントは使えないみたいですが、連絡すると円建てのアカウントを開いてくれます。とにかくオススメです!
1 trader has found this review helpful
Multan, Pakistan,
May 5, 2022,
Registered user

First 10 withdrawals

Service use: Live Length of use: 0-3 Months
My 2nd review ,after one month of use of globalprime. I did almost 10+ withdrawals , biggest one being 2600$ almost , although it was not profit but was deposited by me to protect my Open position, but 9 other withdrawals were profit. I didn't encounter any problem in any way with these lovely people.. I do hope they continue to serve in this way.

Apr 7, 2022 - 5 Stars I received first withdrawal today. Support is the best. No other broker offers such friendly support. I have some problem with swaps as they don't offer Islamic account due to being pure ECN. I do hope I will go for years and years with GP.
1 trader has found this review helpful
Europe, Sweden,
May 5, 2022,

Nice trading experience and top class support

Service use: Live Length of use: over 1 Year
I have been trading with Global Prime for some years now and my experience is very good trade execution and top class support.
Indonesia, Indonesia,
Apr 28, 2022,
Registered user

Honest and They are not against us!

Service use: Live Length of use: 6-12 Months
I've been trading for more than 5 years but never found a honest broker like GP. I wish I had found them much earlier! fast execution speed, low spread, and trade receipts (I guarantee you wont find this anywhere else) are things that show you they are not against your trades and your trades are really sent to the market! the customer support is also responsive and will answer anything you ask even the dumbest ones. Sometimes, they can make a joke too which makes me feel like talking to my family. I recommend GP to anyone who is serious about trading, you have to try by yourself and you will get what I'm telling you here. Thank you GP!
1 trader has found this review helpful
Montreal, Canada,
Apr 24, 2022,
Registered user

Simply the greatest broker of all time

Service use: Live Length of use: 3-6 Months
For 5 years that I trade, I was looking for a broker who could offer me the possibility of putting me in direct contact with the markets without being the counterparty, to have low spreads, and fast executions on the markets. Well, that broker is GlobalPrime. it is simply perfect for all trading styles, from scalper to swing trader. Everyone will find his account.
In addition, customer service is responsive and actively responds to our concerns.
So I recommend it 1000%. for all those who are still hesitating, go for it, you won't regret it.
1 trader has found this review helpful
Quebec, Canada,
Mar 31, 2022,

Service use: Live Length of use: over 1 Year
I made my first withdrawal with Global prime forex via Bank wire Transfer and I am so happy because the withdrawal is so fast it take only one Day. And it reflected in my bank Account I'm so Inspired to do more trading so that soon I can withdraw Again.
Thank you so much Global Prime for the great service you made to your client.
Thank you also to Jeremy who always Inspired Traders to be positive and profitable.
God bless us all.
M, Mexico,
Mar 30, 2022,
Registered user

Great support team

Service use: Live Length of use: 3-6 Months
I requested a withdrawal last month which was taking longer than usual, and since the first contact with them they were very supportive and thorough until I got the money back.

In the end, it turned out to be the bank's fault.

Mar 2, 2022 - 1 Star It has been more 19 days since I requested a withdrawal via card, max time to get the money back in my card was 10 days.

They say i should talk to my bank and gave me ARN codes, but my bank says there are no deposits in transit.

I began trading with them since they're supposed to be an a-book broker with no conflict of interest with the client, but it took 1 day to get a withdrawal with FBS.

I can't believe this is happening, specially since they have 4.74 rating on FPA.

2 traders have found this review helpful
Toronto, Canada,
Mar 28, 2022,
Registered user

All resolved - Thanks GP!

Service use: Live Length of use: over 1 Year
Posted the previous review in haste. Turns out it was all just a miscommunication.

The email I received from GP said that I had to "close all positions as they could no longer server me as a client" - but their management clarified that this timeframe for ending the service is not immediate and may be long into the future. In the meantime, GP is happy to keep me on as a client, so I'm happy :)

Apparently, it stems from some legal suit of an unrelated firm with Ontario, making Ontario a high-risk venture for brokers.

As the saying goes, "it's not the mistakes you make, but how you resolve them that matters" and GP did an excellent job of resolving this.

5 stars and A+ !!!

Mar 26, 2022 - 1 Star I have been using a Global Prime Live Account for over 5 years - since they were a small, unknown broker. In this time I have had a mostly positive experience with them and have contributed on their Discord forums, etc. Was even interviewed about my trading Algo and methodology to create content for their YouTube channel.

Recently, they emailed me to inform that I should "wind down all my trades and close my account", since they cannot serve clients in Ontario, Canada.

They apparently stopped taking applications from Ontario many years ago (after I applied), but were happy to take my commissions and my contributions to their growth this whole time without letting me know that one day my account would be axed.

I feel so used and swindled. You have been warned.

Jan 4, 2019 - 5 Stars Was with Questrade for 2 years (because I had other investments with them, so it was easy to get MT4 setup). They shut down their MT4 support in mid-2017 so I did quite extensive research before settling on Global Prime (GP).

I was immediately struck by how much more tick data came through - almost instantaneous updates of market conditions. I also liked the structure of low-spreads + a commission instead of the fees bundled into the spreads like most brokers do. Way more transparency that way.

I also liked the funding method (through NAB I believe) which allows me to fund with a credit card.

The icing on the cake was this past week with the JPY "flash-crash". GP stayed open the whole time and I was able to trade around the event. I read horror stories of users with other brokers being locked out of their accounts, etc. It seemed that all of my stops were also honored with minimal slippage - fantastic! Lastly, although I came out ahead after the crash, there was a period where my account was in negative balance and GP did not force close my trades - unlike other brokers.

So after a year+ with GP, I would say I am thoroughly pleased.

Reply by jemook submitted Jan 24, 2019 Hi afeudale,

Glad you are enjoying your time with us and a huge thanks for leaving a review for us. I can't believe it's already been a year since you opened an account with us - the time has flown. Looking forward to many more happy years together.

2 traders have found this review helpful
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Frequently Asked Questions

Is Global Prime a good broker?

GlobalePrime is an ASIC-regulated forex broker, offers MetaTrader 4 forex trading platform.

The best way to understand if Global Prime is a good broker is to read the unbiased traders reviews on ForexPeaceArmy.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent Global Prime community discussions:

Is Global Prime regulated?

Global Prime is regulated by the Australian Securities & Investments Commission (ASIC), holds an Australian Financial Services License (AFSL): 385620.

Global Prime is also regulated by the Vanuatu Financial Sevices Commission under license VFSC #40256

What is the leverage for GlobalPrime?

GlobalPrime offers 3 types of leverages.
  • Standard leverage is 1:100
  • Maximum leverage is 1:200
  • XAUUSD leverage is 1:100 regardless of the account leverage setting