Global Prime

BROKER

Direct Commission Discount $1.6

Direct Commission Discount to Broker's Account

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Accepting traders from:

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Pure ECN trading within a totally transparent environment.

Account
Type
Cash Rebate or
Discount
Current Bonus /
Promo Offer
Rebate
Type

$1.6 Discount

Free VPS under terms Direct Commission Discount to Broker's Account
Account
Type
Minimum Initial
Deposit
Maximum
Leverage
Minimum Lot
per Trade
Spread
(EUR/USD)
Commission

$500 AUD

1:200

0.01

Variable from 0 pips

$7/lot

Account
Type
Margin Call Stop Out Scalping Hedging Execution

120%

100%

Yes

Yes

ECN

Account
Type
Trading
Instruments
Trading
Platforms
Forex (38)
Spot Metals (2)
MT4 (Windows, Mac OS, iOS, Android)
Account
Type
Demo
Accounts
Islamic
Accounts
Joint
Accounts
Corporate
Accounts
Managed
Accounts
Services
Yes No Yes Yes No VPS
API
EAs Allowed
MAM/PAMM
Account
Type
Company Name Regulation Year
Established
Account
Base Currencies
Global Prime Pty Ltd ASIC AFSL:385620 2010 AUD
CAD
EUR
GBP
SGD
USD
Account
Type
Support
Options
Deposit
Methods
Withdrawal
Methods
Website
Languages
Live Chat
Phone
Email
Visa/MasterCard
Wire Transfer
Wire Transfer
Chinese
English

     Maintaining a pure ECN business model is rare, and Global Prime is a fx broker that prides themselves to be doing so; in fact, they are keen on proving it by providing their forex traders with trade receipts upon demand, revealing which banks filled the transactions and when. With transparency as a priority, this brokerage aims to offer with trading forex currency pairs and spot metals within a “no conflict of interest” environment. Spreads are variable from 0.0 pips, maximum leverage stands at 1:100 (however leverage up to 1:200 can be arranged under certain circumstances), micro lots are available and minimum deposit lies at $500 AUD (or foreign currency equivalent).

     All fx trading strategies are allowed as well as the use of expert advisors. Required commission stands at $7 per 1 lot traded round turn (negotiable for traders with over 1000 lots per month). Tending to professional forex traders, Global Prime offers a FIX API connection that can reduce latency to as low as 1 millisecond and can allow utilising high-frequency strategies. Furthermore, the broker has partnered with three different VPS providers in order to be able to offer with VPS services at a price (and on a discount under certain conditions). Additionally, the broker provides with MAM and PAMM solutions for money managers.

     Global Prime Pty Ltd holds an AFSL (no. 385620) and is regulated under ASIC with ACN:146086017. If you are looking to trade within an A-Book environment, then you could consider this broker as your primary option.

     The Maximum Rebate currently offered is $1.6 USD Commission Discount per round turn lot. All discounts with this forex broker are calculated and applied Directly to your Trading Account on the 10th day of every calendar month. We recommend registering with us the same email address that you will use with the broker, even though it is optional, in order to enable us to provide you with a better and faster service.

Our Rebate Compared to Competition

Rebate 

Provider

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Forex Rebates

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Global Prime Max Rebate

$1.60 $1.60 $1.50 $1.50

 Last Updated 04/12/2017

* This review is not directed towards residents of Japan and the USA

 

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