On this page, we review the globalprime broker. Global Prime Broker is one of the brokers located in Australia, whose team has more than 20 years of experience in the financial markets, for more information about Global Prime Broker, stay with us.
| Broker name | Global Prime |
| Established year | 2010 |
| Spread rate | low |
| Central office | Australia |
| Regulation | ASIC, FSA & VFSC |
| Minimum deposit | 200 $ |
| The easiest way to deposit and withdraw | Skrill & PayPal |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Globalprime is the name of one of the brokers active in the market, one of the most noteworthy points of which is the excellent attention of the management team of this broker to the security of users’ funds by opening an account in the global prime broker, and you can use facilities such as copy trading system. Benefit from expert, strong support and…
In general, brokers with more than ten years of service experience and regulation can be considered more reliable than unregulated and less experienced brokers. Fortunately, Global Prime Broker has both items mentioned above, i.e. more than ten years of experience and regulation. has
global prime broker has ASIC, FSA and VFSC regulations.
The headquarters of Global Prime is located in Australia.
Globalprime broker started providing services to traders in 2010 and has a relatively good track record.
| Profile / account name | Spreads+commisions | Commission free |
|---|---|---|
| Minimum deposit for opening | 200$ | 200$ |
| Spreads | Starting from 0 | Starting from 0.4 |
| Commission | $7 per lot trade | 0 |
| Maximum leverage | 1:200 | 1:200 |
| Ability to trade currency pairs | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes |
| Possibility of digital currency trading | Yes | Yes |
| Scalp permission | Yes | Yes |
| Permission to use Expert | Yes | Yes |
According to the table above, we find that the global prime broker offers two different types of trading accounts to users, which we will examine in detail below, stay with us for more information about these accounts.
As the name of the commission free broker global prime account shows, this account is without commission, and its spread starts from 0.4 pips; to open this account in this broker, you must deposit at least 200 dollars to your user account. Also, in this account, you can use the maximum leverage of 1:200; of course, you should note that the broker has a volume limit for users when using this leverage, and the standard leverage of this broker is 1:100.
To open this account in global prime broker, you need to deposit at least 200 dollars; this account has a spread and commission, and the spread starts from 0 pips, and the broker receives 7 dollars commission per lot trade from commission users, also the possibility The maximum leverage of 1:200 is available in this account.
Global prime broker has two different types of trading accounts, the starting spread in one of these accounts is from 0 and in the other from 0.4 pips, and you can use any of these accounts depending on your taste and strategy.
According to our investigations, global prime broker has not enabled the possibility of using an Islamic account or without overnight swap for its users.
One of the constant concerns of traders is the minimum deposit amount in the considered broker because this amount is sometimes so high in some brokers that it deprives traders of the possibility of using a real or real account in the considered broker. Still, you can with a minimum deposit of 200 Dollar, benefit from the experience of working with real broker global prime accounts.
Among the methods of depositing and withdrawing in Global Prime Broker, we can mention Skrill, PayPal, Neteller, cryptocurrencies and credit cards, which you can use according to your country of residence and your taste.
According to the discussions we had with the support of the global prime broker, this broker does not offer any bonuses to users because according to the management team of the global prime broker, offering bonuses makes traders use higher leverages, which can sometimes cause Loss of users’ funds.
To verify your identity in the globalprime broker, you need documents such as an ID card, passport or certificate; you should note that the documents you send must have your date of birth, photo and signature, and address verification is one of the requirements for identity verification in this broker. For this purpose, you can use documents such as water and electricity bills, certificates, and bank statements. It is also important to mention that all the submitted documents must match the name of the account opener. Otherwise, they will not be approved by the broker.
By opening an account in the global prime broker, users can trade all kinds of symbols such as digital currencies, currency pairs, commodities, indices and stocks, etc.
By opening an account in Global Prime Broker, you can use trading platforms: MetaTrader 4, Trading Evolution and Trading View; click on the links below to download these platforms.
Fortunately, the popular copy trading system is supported by the global prime broker, which users can take advantage of.
We have dedicated this site section to brokers whose fraud reports are received by users to inform our audience and save them from the trap of fraudulent brokers. Still, fortunately, we have not received any reports of global prime broker fraud.
