Forex Germany

Forex Broker - Global Prime

Global Prime is an Australian FX broker belonging to the Gleneagle Securities Group that was founded in 2010. Global Prime is headquartered in Sydney.

Type

STP/ECN Broker

Financial market supervision

Global Prime is supervised by the Australian Securities & Investments Commission (ASIC), Australia's independent supervising authority.

Protection of deposits

Neither Global Prime nor ASIC provide any information regarding the protection of deposits.

Segregation of clients' funds

As a financial company regulated by ASIC, Global Prime is obliged to keep clients' funds on separate accounts, thus ensuring that creditors do not have access to client's deposits in case of bankruptcy. Partial amounts used as a margin at the time of the bankruptcy are not subject to this regulation.

Client funds are held at Westpac Banking Corporation, an Australian bank rated AA-.

Customer support

Customer support is available in English only. Enquiries are answered swiftly, bearing in mind the different time zone.

Account opening

For the opening of an account, Global Prime requires a proof of identity (personal ID or passport) and a proof of address (account or credit card statement, utility bill). Documents can be scanned in and uploaded when opening the account. The account opening will be completed within a few hours depending on the time zone.

Deposits on a customer account are available by bank transfer (2-3 business days) or by credit card (online, within a few hours). Pay-outs are allowed by bank transfer to the customer's account only; pay-outs to third parties are not permitted.

Liquidity provider

Global Prime has a number of liquidity providers available, among them BNP Paribas, Deutsche Bank, JP Morgan and UBS.

Server location

Global Prime's servers are located in New York.

Server time

Summer time: GMT+2
Winter time: GMT+3

Account parameters

ECN account
Spreads: variable, starting from 0.1 pips
Currency pairs: 42, gold, silver
Decimal places: five, accuracy 0.1 pips
Leverage: variable, max. 1:200
Minimum deposit: AUD 500
Minimum contract size: 0.01 lot
Account currencies: AUD, CAD, EUR, GBP, SGD, USD
Commission: AUD 7.00 per lot (round-turn)

Menu

Deutsch / English

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