Global Prime Review 2026: Accounts, Fees and Regulation
Global Prime review: Standard vs Raw pricing ($0 vs $3.5 per side), $0 minimum deposit, MT4/MT5, ASIC (AFSL 385620) vs VFSC entities, and restricted countries.
Reviewed by Hà Ngọc Lộc· Senior SEO Editor
Reviewed using our forex & CFD broker review methodology
Global Prime is an Australian forex and CFD broker with two entities. FMGP Trading Group Pty Ltd holds ASIC AFSL 385620. Gleneagle Securities Pty Limited (trading as Global Prime FX) is a Vanuatu company regulated by the VFSC. It offers two accounts. Standard has spreads from 0.9 pips and no commission. Raw has spreads from 0.0 pips plus $3.5 per side. Both have a $0 minimum deposit, allow scalping, EAs and hedging, have a 20% stop-out and accept 0.01 to 1,000 lots. Leverage is adjustable from 1:30 to 1:1000. The higher levels are only available through the VFSC entity. Global Prime does not accept clients from the US, Japan, New Zealand, Russia, Ontario and several other places.
Accounts
| Standard | Raw | |
|---|---|---|
| Spread from | 0.9 pips | 0.0 pips |
| Commission | $0 | $3.5 per side ($7 round turn) |
| Minimum deposit | $0 | $0 |
| Lot range | 0.01 to 1,000 | 0.01 to 1,000 |
| Stop-out | 20% | 20% |
| Scalping / EAs / hedging | Yes | Yes |
| Base currencies | USD, AUD, GBP, EUR, CAD, SGD, JPY | Same |
Global Prime also says it charges no deposit fees across 20+ funding methods, offers MT4 and MT5, and has 250+ CFD markets.
Entities
| Entity | Regulator | Notes |
|---|---|---|
| FMGP Trading Group Pty Ltd (ABN 74 146 086 017) | ASIC, AFSL 385620 | Australian clients; ASIC retail caps (30:1 on majors) |
| Gleneagle Securities Pty Limited (Co. 40256) | VFSC (Vanuatu) | International clients; leverage up to 1:1000 |
Restricted Countries
Global Prime's footer lists Afghanistan, Congo, Iran, Iraq, Myanmar, New Zealand, North Korea, Palestine, Russia, Somalia, Sudan, Syria, Ukraine, Ontario, Yemen, Japan, and the United States and its territories.
Pros and Cons
Pros
- $0 minimum deposit; no deposit fees
- ASIC entity for Australian residents
- Scalping, EAs and hedging allowed
Cons
- International clients use the Vanuatu (offshore) entity
- Raw commission ($3.5 per side) is higher than Vantage or VT Markets ($3 per side)
- Not available in the US, Japan, NZ or Ontario
Alternatives We Cover
Vantage (Raw ECN at $3 per side, with FCA and ASIC entities) and VT Markets (RAW ECN at $3 per side). Compare them in ECN brokers.
Official sources: FCA ScamSmart · Global Prime official site (globalprime.com).
Global Prime Review: Your Questions Answered
Is Global Prime regulated?
Yes. FMGP Trading Group holds ASIC AFSL 385620, and Gleneagle Securities is regulated by the VFSC in Vanuatu.
What is the Global Prime minimum deposit?
$0. Global Prime says it has no minimum account size.
What is the Global Prime commission?
$3.5 per side ($7 round turn) on the Raw account. Standard has no commission.
Sources checked 2026-10-01: globalprime.com home page and footer, /company/regulation, /trading-accounts/account-types. We did not open a Global Prime account. Site testimonials were not used.
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Sources & verification
- Last checked
- Written by
- HNL Growth Team
- Reviewed by
- Hà Ngọc Lộc
- Length
- 2 min read · 472 words
Rules, prices and payout terms on this page were checked against the official websites, help-centre articles and published terms of the firms mentioned, on the date above. Prop firms and brokers change conditions often — confirm the current version on the official site before you buy or deposit. Read our broker review methodology and affiliate disclosure.
Official sources & documentation verified
- FCA ScamSmart(fca.org.uk · Official Regulator)
- Global Prime official site(globalprime.com)
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