Global Prime review - regulations, trading platforms, broker features, and user ratings.
4.728 •
421 REVIEWS
Gleneagle Group
Was GlobalPrime.com.au
Argamon PTY Ltd
Updated: May 9, 2023
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GlobalPrime.com
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 |
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Maximum Leverage: | 200:1 |
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Minimum to Open Live: | $200 |
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Established: | 2010 |
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Address: | Level 10, 627 Chapel St, South Yarra, Victoria, Australia, Australia |
Contact: | support@globalprime.com, 61 (2) 8379 3622 |
Regional offices: | |
Regulators: | ASIC #385620, VFSC #40256 |
Prohibited countries: |
Trading platforms: | MT4, WebTrader, Desktop Terminal, MobileTrader (MobileApp) |
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Web Trading: | β Yes |
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Mobile Trading: | β Yes |
ECN: | β Yes |
Currencies: | (45+) |
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Cryptocurrencies: | Bitcoin, Litecoin, Ethereum |
CFD: | (25+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities, ETF |
Trading Conditions |
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EAs/Robots: | β Yes |
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News Trading: | β Yes |
Scalping: | β Yes |
ZuluTrade: | β Yes |
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Copy Trading: | β 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 |
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Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill |
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4.728 •
421 REVIEWS
Traders Reviews
R
Good!
Service use: Live
Length of use: over 1 Year
My issue has been resolved. Thanks a lot for your support. I have nothing more to complain about.
Apr 3, 2023 - 1 Star I'm trying to request a withdrawal, but the broker has taken down their customer portal, changed their name to Afterprime and refuses to process my withdrawal request.
Reply by Xavier Herrera submitted Apr 4, 2023 Hi Ramon,
We can certainly appreciate how frustrating and confusing this situation must have been. We're happy to take the time to clarify this for you.
You are still able to access your funds, we just need to put you in contact with the right people.
You may have received an email in the past month or so that the old team of Global Prime have created a new broker "Afterprime" which you have been migrated to. As you're a client of "Afterprime", we cannot process the withdrawal for your account.
As we understand, you are already in touch with 'Afterprime', please follow their instructions to process your withdrawal. In case you need the contact information, please contact support@afterprime.com.
Apr 3, 2023 - 1 Star I'm trying to request a withdrawal, but the broker has taken down their customer portal, changed their name to Afterprime and refuses to process my withdrawal request.
Reply by Xavier Herrera submitted Apr 4, 2023 Hi Ramon,
We can certainly appreciate how frustrating and confusing this situation must have been. We're happy to take the time to clarify this for you.
You are still able to access your funds, we just need to put you in contact with the right people.
You may have received an email in the past month or so that the old team of Global Prime have created a new broker "Afterprime" which you have been migrated to. As you're a client of "Afterprime", we cannot process the withdrawal for your account.
As we understand, you are already in touch with 'Afterprime', please follow their instructions to process your withdrawal. In case you need the contact information, please contact support@afterprime.com.

Good honest broker so far
Service use: Live
Length of use: 6-12 Months
A book broker, really good customer service, you can see the trade receipts for each order and they even have a public discord channel to keep them accountable.
1 trader has found this review helpful

Real ECN Broker with proof of order book of every trade
Service use: Live
Length of use: over 1 Year
Customer support is No.1
Execution is No.1
Orders goes to directly into liquidity provider.
There is no Manipulation or price requote.
Amazing broker.
Execution is No.1
Orders goes to directly into liquidity provider.
There is no Manipulation or price requote.
Amazing broker.
M
Global Prime Liquidity Provider permantly increasing spread
Service use: Live
Length of use: over 1 Year
Global Prime Liquidity provider complained about my trading style and have accused me of arbitrage trading as some of my trades were in profit in 0 - 0.1 second, this resulted in a permament spread change of an additional 1 pip in either direction.
Even though my account was in NET loss not profit the changes were made, seemd GP LP is happy to take your lossess but if you trades are instantly successful you will be penalised.
Even though my account was in NET loss not profit the changes were made, seemd GP LP is happy to take your lossess but if you trades are instantly successful you will be penalised.
D
Excellent Spread/ CFD broker.
Service use: Live
Length of use: over 1 Year
I have been trading with Global Prime for about a year now. I've used many brokers over the years and a good CFD broker is hard to find, and usually a direct access broker is a better option by far. However, a good CFD broker can give a trader an edge through savings on execution costs and banking fees.
This is why I use Global Prime. They allow me to make trade after trade with no execution fees on EU/ US Index positions. Using fractional positions, scaling in and out without commissions gives me a winning advantage. I often get positive slippage and never get a void or delayed trade when entering a market order. The liquidity is always there, even outside cash hours. Execution is instant. The platform I use is Trader Evolution and it's never crashed (I trade each day), incredible!
I use Paypal to withdraw and deposit. It has never been a problem and again, there is no cost. The money always arrives the next day and from my paypal account I send it to my bank account.
I highly recommend these guys. By far the best service I've received in the industry and I have absolutely no intention of looking elswhere.
This is why I use Global Prime. They allow me to make trade after trade with no execution fees on EU/ US Index positions. Using fractional positions, scaling in and out without commissions gives me a winning advantage. I often get positive slippage and never get a void or delayed trade when entering a market order. The liquidity is always there, even outside cash hours. Execution is instant. The platform I use is Trader Evolution and it's never crashed (I trade each day), incredible!
I use Paypal to withdraw and deposit. It has never been a problem and again, there is no cost. The money always arrives the next day and from my paypal account I send it to my bank account.
I highly recommend these guys. By far the best service I've received in the industry and I have absolutely no intention of looking elswhere.
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. https://www.forexpeacearmy.com/forex-reviews/9018/www.globalprime.com.
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: https://www.forexpeacearmy.com/community/tags/globalprime.
The best way to understand if Global Prime is a good broker is to read the unbiased traders reviews on ForexPeaceArmy. https://www.forexpeacearmy.com/forex-reviews/9018/www.globalprime.com.
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: https://www.forexpeacearmy.com/community/tags/globalprime.
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
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