In this Global Prime review, you’ll find out about the trading details, reliability and overall rating of the broker.
GlobalPrime is a regulated forex broker. The broker was founded in 2010 and has a good reputation based on real reviews of traders. It offers UMC, STF, NDD execution of orders for about 100+ trading instruments. Traders can use the classic MT4 platform or the advanced TraderEvolution proprietary platform for in-depth market analysis.
As a result of a quick review of Global Prime, overall spreads are in line with industry averages for major forex and some other assets. For example, on the ECN account, the effective spread for the EUR/USD is 0.8-1 pips, for the GBP/USD it’s 1.4 pips.
The total score may change after a detailed review of the GlobalPrime broker.
Official site | https://globalprime.com |
Year of foundation | 2010 |
Regulated by | ASIC, FSA Seychelles, VFSC |
Trading instruments | CFDs on forex (46), commodities (9), indices (12) |
Spreads and commissions | Average floating spreads EUR/USD 0.1-0.2 pips + $7/lot GBP/USD 0.7 pips + $7/lot Gold 36 pips + $7/lot |
Most popular | GlobalPrime in India, Australia, Zimbabwe |
Provision of services in the US, UK, Canada, European Economic Area | US and Canada European Economic Area and UK |
Min. trade size | 0.01 |
Leverage | Up to 1:200 |
Account types | ECN |
Minimum deposit | $ 200 |
Minimum withdrawal | |
Deposit & withdrawal methods | 5+ |
Trading hours | 24/5 |
Trading platforms | MT4, TraderEvolution |
Mobile Apps | |
Demo | |
ZuluTrade | |
Copy Trading | |
AT/Robots | |
Bonus | |
Affiliate program |
Despite competitive spreads, the broker is far behind leading CFD providers such as AvaTrade, Plus500 and eToro in many ways.
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