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Australia
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61283793622
support@globalprime.com
https://www.facebook.com/GlobalPrimeFx/
https://twitter.com/GlobalPrimeFX
Suite 504 35 Grafton Street Bondi Junction Australia
VPS Standard
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
Global Prime Ltd
Phone of the company
61283793622
Customer Service Email Address
support@globalprime.com
Company address
Suite 504 35 Grafton Street Bondi Junction Australia
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The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
The VanuatuVFSC regulatory (license number: 40256) claimed by this broker is a suspicious clone, please be aware of the risk!
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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
Current Status:
RegulatedLicense Type:
Market Making(MM)Regulated in Country/Area
Regulatory License No.：
385620Email Address of Licensed Institution :
jonathan.wine@gleneagle.com.auLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
Level 27, 25 Bligh Street, SYDNEY NSW 2000Phone Number of Licensed Institution :
02 82776672The Seychelles Financial Services Authority（FSA） is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.
Current Status:
Offshore RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.：
SD057Email Address of Licensed Institution :
jeremy.k@globalprime.com.auLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
CT House, Office 8B, Providence, Mahe, SeychellesPhone Number of Licensed Institution :
+61 2 8379 3612Licensed Institution Certified Documents :
Annex1
The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.
Current Status:
Suspicious CloneLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.：
40256
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General Information & Regulation
Global Prime AU is an online Forex and CFD broker that has been providing services in the industry for over 10 years now and is based in Sydney, Australia. Global Prime Pty Ltd holds an Australian Financial Services Licence (AFSL) to conduct financial services in Australia, with those financial services covered by AFSL No. 385620 only. Global Prime FX Ltd is registered in Seychelles and holds a Securities Dealer License SD057 issued by the FSA and a financial license issued by the Vanuatu Financial Services Commission (registration no.40256).
Market Instruments
Global Prime AU provides investors with popular trading products, mainly Forex, metals, energy, indices, and commodities.
Minimum Deposit
There are two account types listed on Global Prime AU platform: the Commission free and the spread + Commission accounts. The minimum deposit for both accounts is $200, which is in line with most brokers' initial deposit.
Leverage
Global Prime AU has standard leverage of 1:100 for currency pairs and maximum leverage of 1:100 for gold and other CFDs. and the available trading leverage is 1:100 or 1:200.
Spreads & Commissions
The minimum spread for Eurodollar is 0.0 pips, with an average spread of 0.1 pips. The minimum spread for XAUUSD starts from 0.0 pips with an average spread of 1.1 pips, the minimum spread for XGUUSD starts from 0.0 pips with an average spread of 12.8 pips, the minimum spread for UK Crude Oil is 0.5 pips with an average spread of 1.6 pips and the average spread for Australia 200 is 0.8 pips. The broker charges a $7 (bilateral) commission (depending on the volume) for Forex and Metals trades. For energy (crude oil/natural gas), CFDs, stock indices, cryptocurrencies, soft commodities (coffee, corn, soybeans, etc.), the broker charges spreads as commission.
Trading Platform
Global Prime AU offers traders three trading platforms: MT4, Trading View, and TraderEvolution. MT4, Trading View is the world's most popular trading platform, easy to use for regular traders, but powerful and suitable for experienced traders. The TraderEvolution trading platform is aimed at multi-asset traders and was originally released for the company's institutional clients but was later connected to Trading View, allowing traders to combine the two platforms into one, with the functionality of both.
Deposit & Withdrawal
The trader offers its users a variety of ways to deposit and withdraw funds, mainly via wire transfer, NETELLER, Skrill, Astropay, credit cards. The company does not charge any internal fees for accessing funds, but the transferring bank may deduct some fees for accessing funds via wire transfer.
Trading Hours
Trading hours on forex, indices and commodities markets are open 24/5 from Monday to Friday. Specific trading hours for each market can also be viewed on the Global Prime website or on the MT4 and TraderEvolution platforms.
Customer Support
Global Prime AU customer support team is available 24/5, Monday to Friday. Traders can reach them via email at support@globalprime.com, via phone at +61 (2) 8379 3622 or directly through live chat. The website also offers specific email addresses based on specific queries
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