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Global Prime Overall rating

4.1
Ranked 77 out of 815 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
3.2
3
Regulation
4.0
2
Pricing rating
4.7
1
Customer Support
5.0
1
Features
Not rated
1

Global Prime Profile

Company Name Global Prime Pty Ltd
Categories Forex Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 2010
Headquarters Australia
Office Locations Australia, Vanuatu
Account Currency AUD, CAD, EUR, GBP, SGD, USD
Client funds bank Westpac Banking Corporation
Support Languages English, Portuguese, Thai
Funding Methods AstroPay, Bank Wire, Bitcoin, BPAY, Credit Card, FasaPay, Litecoin, Neteller, PayPal, POLi, Skrill, Vnpay (Vietnam), Alipay, ZotaPay, PayRetailers, Pagsmile (Brazil), AccentPay, Interac (Canada), DragonPay, Wise, Ripple
Financial Instruments Forex, Shares, Indices, Bonds, Oil/Energies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Global Prime Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
globalprime.com
Organic monthly visits 143,533 (100%)
Organic traffic rank 109 out of 815 (Forex Brokers)
Paid monthly visits 0 (0%)
Total monthly visits 143,533
Bounce rate 67%
Pages per visit 1.78
Average visit duration 00:06:53.5140000

Global Prime Account types

  Global Prime Raw Global Prime Standard
Commission$7.00 Per Lot Per 100K Traded-
Maximum leverage500:1-
Mobile PlatformMT4 Mobile
Trading platformMT4
Spread TypeVariable Spread
Minimum Deposit2000
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts-
  Global Prime Raw
Commission $7.00 Per Lot Per 100K Traded
Maximum leverage 500:1
Typical Spread 0.1
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Global Prime Standard
Typical Spread 0.9
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed

Global Prime User Rating

4.4

Global Prime reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

Global Prime Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Global Prime Raw Global Prime Standard
Forex$2.0 Per Lot0.4 Pips
Metals$2.0 Per Lot0.4 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Global Prime Raw
Forex $2.0 Per Lot
Metals $2.0 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Global Prime Standard
Forex 0.4 Pips
Metals 0.4 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

What are Global Prime rebates?

Global Prime rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Global Prime rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Global Prime rebates can I earn?

Use our forex rebate calculator to estimate your Global Prime rebate earnings:

 
You must enter a valid number

Are Global Prime rebates a scam; do my spreads increase?

Global Prime rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for Global Prime rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

Global Prime Regulation / Money Protection

4.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Global Prime Pty Ltd 30 : 1
Gleneagle Securities PTY Limited 100 : 1
What you should know about high-risk investments
Advertising disclosure