Reviews 3 Adding reviews is only allowed for registered users. Log in. Zac Orbul May 2, Like all bucket shops, were ok in the begining.

Sadly, stay away Qaiser Nov. For scalping, this broker is the worst choice. I always use FPA to find brokers. I contacted Jeremy from Globalprime, he helped in setting up my account. Apart from this, everything else about Globalprime was a big disappointment.

Trade volume was one standard lot. This did not happen during any News event. In addition, there was no high volatility in the market. After clicking on close trade, Globalprime takes a lot of time to close the trade. I noticed this slow trade execution with every trade. I also find their spread to be higher than many other forex brokers.

Company information

Their fee is also high. I am using the same scalping strategy with another broker and it works perfectly. Globalprime does not have any clients area, that is another disappointment. Globalprime offers none of these.

Globalprime was a big disappointment. Allan Sept. Excellent broker - great job! After reading the so many positive reviews on FPA and elsewhere about Global Prime, I was keen to find out for myself what this is all about. Here are my thoughts after trading a live account with them since August I was getting my orders filled without trouble.

Account and money: They work on a fixed commission structure in addition to a floating spread, and I find their rates competitive, nothing to complain about there. For deposits, they offer bank transfer and credit card, I used the card option and it was an easy process. When I contact for any questions, their support was great. Their responses are clear and quick - I had cases where either Chaim or Jeremy emailed me back within minutes. As a side-note, Jeremy who is in charge of the GP retail FX operation is a trader himself and is engaged with the online community, oftentimes responding personally to comments at FPA as well as other forums.

From my perspective GP is the platinum standard that other retail brokers should be benchmarked to. Forex, metals, cryptocurrencies. Monte FX Verified. Contact us: ratings ihodl. Pricing: 4. Regulation: 4. Popularity: 3. User Rating: 4.

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Risk Warning: CFDs are complex financial instruments that carry a high risk due to leverage trading. The vast majority of retail investor accounts lose money when trading CFDs. You should always consider whether or not you can afford the high risk of completely losing your funds. This means that there's no mechanism in place to secure or mediate customers claims, arising from the broker's failure to meet its financial obligations with clients.

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This means that in extreme market volatility and without an adequate stop loss in place, a losing trading position can cause a negative account balance. Trading with Global Prime can be done via the Metatrader 4 and the TraderEvolution platforms, available on desktop terminal and mobile versions. Global Prime offers a limited selection of about 70 assets to trade, including Forex, indices, commodities and cryptocurrencies.

Global Prime claims to provide traders with direct ECN market access.

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And they prove it by issuing detailed trade receipts for all trades. For the first time ever, traders will have access to the same level of transparency as institutional traders. This information includes which bank filled the trade, the slippage, speed, order book and tick charts showing market impact. Global Prime trading spreads are competitive. We consider this commission to be on average compared with other brokers. We consider these swap rates to be slightly lower compared with the rollover rates offered by other top Forex brokers. The popularity of Global Prime is a neutral 3 out of 5.



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Not one of the most popular brokers, despite their direct ECN market access claims. Still, Global Prime should be considered a sound option if traders are looking for an alternative broker with competitive trading costs. Global Prime also loses a few popularity points with traders looking to diversify their trading portfolio. This broker offers very limited trading instruments, only one account and one trading platform to retail customers.

The Company was originally founded to cater to the then booming user base of the MT4 platform. In , the management of Global Prime asked if Elan Bension and Jeremy Kinstlinger, current happy clients, could join the team to take Global Prime to the next level. Overnight, the two went from being traders to running a brokerage and the decision was made to open up Global Prime's transparent institutional Forex offering to retail investors. With Global Prime, all trades are placed directly into the market with the client receiving completely transparent service.