Global Prime is an Australian FX broker belonging to the Gleneagle Securities Group that was founded in 2010. Global Prime is headquartered in Sydney.
Global Prime is supervised by the Australian Securities & Investments Commission (ASIC), Australia's independent supervising authority.
Neither Global Prime nor ASIC provide any information regarding the protection of deposits.
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 is available in English only. Enquiries are answered swiftly, bearing in mind the different time zone.
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.
Global Prime has a number of liquidity providers available, among them BNP Paribas, Deutsche Bank, JP Morgan and UBS.
Global Prime's servers are located in New York.
Summer time: GMT+2
Winter time: GMT+3
|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)|
Deutsch / English