Global Prime Broker Reviews and Full Information

What is Global Prime?

Global Prime, the name of an Australia broker that developed its product in a way that means it doesn't require you to search for something else. Global Prime provides an controlled trading environment that features the most advanced execution models that is based in connections to STP that provides robust platforms, the ability to copy trade, and a wide spread.

Since the inception of its operations, in the year 2010 up to the present, Global Prime serves clients from more than 120 countries. It employing 20 liquidity providers to ensure top rates and to trade massive volumes across the globe.

Global Prime Pros and Cons

Global Prime is a reliable broker that offers a comprehensive trading plan that is suitable for active or professional traders. There is DMA with a low commission cost Advanced variety of instruments, PAMM and MAM accounts, auto trading , and an excellent research.

If you have negative aspects, the plan could not work for beginners as the deposit is very high and there's no formal education.

10 Points Summary

Does Global Prime safe or a scam?

The answer is yes, Global Prime is authorized by the top-tier ASIC and also holds an AFSL license, which is a the lowest risk trading environment.

Global Prime operates as a legally licensed broker. This is required to ensure the integrity of markets and provide a tailored trading options that provide a secure trading environment. Read more about about the advantages of trading with ASIC brokers via clicking the hyperlink.

This is required to guarantee the integrity of markets and provide a customized trading capabilities that are safe and secure trading environment. Read more about about the advantages of trading with ASIC brokers through clicking the hyperlink.

So, defining Global prime as your broker will give you peace of mind knowing that your funds are will be protected by the necessary regulations and you can be assured of assistance from ASIC in addition to the trading conditions are continuously controlled.

Furthermore, operations and firms could be fined a lot should there be any violent incident or misrepresentation to clients, therefore traders have always ensured their safety. It isn't the case when dealing with firms that are not regulated, since they operate according to the rules they believe is right which is extremely dangerous for you.

Therefore, choosing a broker that is under an internationally recognized authority is the wise selection of the broker.

Instruments

In the end, Global Prime is highly appreciated in the business for its success, while traders are mostly satisfied with the services they receive.

With Global Prime you may choose among CFD, Forex as well as Cryptocurrency tools that offer affordable prices, as well as identify your ideal strategy to manage your social trading account MAM, an account with PAMM, as well as determine the most efficient way to operate for you as an institution.

Leverage

In terms of leverage levels, which are another important aspect of the Global Prime review as a broker is an Australian firm is still able to offer the highest leverage to your advantage. Even even though European and some other international authorities have already imposed restrictions on high ratios because of its potential to increase risks, ASIC is one of the regulators that are allowing it.

• That means you need to know how to apply leverage wisely to maximize its benefits, not the unrealized risk only. For the case of a Forex instrument, you can increase leverage to 1:200 accessible to the retail trader who has a Global Prime account.

Types of accounts

Global Prime made your choice easy and simple to run One account for everyone. This means that you can connect all your solutions to one online service that offers an array of options for managing your account and other possibilities offered by Global Prime.

Fees

Fees for Global Prime are a blunder included in a commission fee which is based on the volume that you run. Consider other fees such as rolling over, inactivity and funding. See the fees table below.

Global Prime spread

Global Prime Review has spread, or the fees which are not charged through the broker. Global prime is a majorstay of the lower spread and raw offerings and the typical EUR/USD spreads is 0.1pips,plus the $7 commission per 100k turnwhich is extremely appealing and competitive in the various industry.

You can also check out some spreads in the above table, and examine FXCC spreads with another well-known brokerage FXCC.

Global Prime rollover

Always take into consideration the rollover fee, also known as overnight fees as a charge which is assessed for positions that are held longer than a day , and is specified by each instrument separately. There are a few examples you might also find above.

Which payment method does Global Prime offer?

Global Prime enables you to establish an account using your preferred base currency as well as reverse it, making withdrawal or deposit more efficient. Additionally, you can select the most suitable method to pay using Creditor Debit Cards, Neteller, Skrill, Wire Bank transfers or BPay.

Global Prime minimum deposit

Global Prime minimum deposit is $200. Since there is no distinction between the different types of accounts and types, this amount allows you to get started while you review the required margins and other requirements so that you can decide on an appropriate amount. E.g. managing a master account using Myfxbook will require a minimum of 1000$.

Global Prim Minimum deposit vs . other brokers

Global Prime withdrawal fee

Global Prime withdraw options are very popular Bank Trasfer and Credit Cards Additionally, there are no charge for withdrawals or deposits. However, it is important to inquire with your provider for any additional charges in connection with international transfer and thus.

Trading Platforms

Global Prime defined its platform as the most renowned trading platform for Forex. MetaTrader4 because its fantastic trading environment that is suitable for novices and professionals alike. is the most effective. There are 3 execution options that are available on MT4 in addition to different versions of the platform that work for a variety of devices, including an Mobile apps.

Additionally, Global Prime enhanced the platform by providing free add-ons, analytic tools, and technical indicator, all with no limitations on algorithmic trading or the use of EAs.

In the end it's a win-win. Global Prime Solution offers the ability to trade using personalized liquidity, rapid processing speeds and a powerful software that provides you with the necessary features for optimum performance.

AutoTrade

Additionally, you can automate your trading using social trading capabilities that lets you copy other traders directly onto the Global Prime account. This is possible through the the industry's leading software Myfxbook which has proved its reliability and is used by a variety of worldwide traders for trading as copy traders or master trader.

It's a fantastic chance especially for new traders since you could pick from more than 40 methods and over a thousand professional investors that you can copy. However, advanced traders can operate bigger accounts and earn the commission. 

Conclusion

To conclude, in the Global Prime Review we found an ideal balance between general conditions and trading offerings. There's a way for virtually every trader to discover their own method of trading through social trading , or keeping its own strategies in place through robots, or such. Being a licensed Australian broker is an excellent benefit for peace of mind, knowing that your money is protected. For traders of every style can benefit from trading through Global Prime along with the expanded offerings in the non-conflict environment using Technology known as STP.