Entering Thoughts
GlobalPrime.com is a reliable option in the forex trading space, but is it also good with other assets? To answer this question and assess its security, we conducted our own investigation and evaluated the functions offered by the broker. Global Prime cares about its reputation and has a very positive Google rating among other trading platforms.
1st Impression
The interface of GlobalPrime.com is made in bright colours, which fuels user interest in this site. The navigation also turned out to be very logical and structured. A minimum of unnecessary information on the main page and a maximum of useful information in other sections of the trading platform. The next thing you should pay attention to is the presence of an official regulator – the Australian Financial Service. However, the company’s influence does not extend to some countries – Afghanistan, Myanmar, New Zealand, Russia, Somalia, Sudan, Syria, Ontario, Japan, the United States, etc.
Global Prime: Pros and Cons
- Global Prime presents low spreads to reduce some costs that may arise for traders.
- First 20 deposits are fees free including most popular payment methods.
- The broker can offer near 150 asset classes for novice and pro traders.
- The ability to get reliable help during a day or night – 24/7.
- It is limited for some regions.
- Inconvenient price charters.
Global Prime: Trading Accounts
Global Prime focuses on different clients by providing 2 types of accounts, which have both their own differences and similarities.
- Standard account. This type has more familiar conditions for traders with a minimum spread of about 0.9 pips and zero commission during deposit and withdrawal.
- Raw account. Such type differs in some indicators. For example, clients can trade with zero spread, but payment of commission is mandatory and amounts to $3.5.
What do both types have in common? Global Prime provided the same conditions for minimum/maximum trades, scalping, hedging, currencies, and stop out levels. The markets are available round the clock so you can start or close the deal at any appropriate time. In addition to the availability of assets, the broker also provides various tools to help you make quicker and more profitable decisions. Let’s discuss what exactly these tools are next.
Global Prime: Trading Tools
GlobalPrime.com presents the most reliable instruments for quick and professional trading. Even a beginner with no experience can easily make some profitable steps if they know how to use the received data. Among top-4 useful tools are:
- VPS offers. They are available for the most active traders on the platform. The main idea of this tool is to provide uninterrupted capabilities to trade 24/7. So, even if you have some internet issues, the virtual machine will keep an eye on your opened deals.
- Trading calculators. This tool helps to consider all possible fluctuations and calculate the real profit from your investments. For example, you can fill in your trading conditions like asset group, symbol, and amount, and find out the converted currency, and current conversion.
- Economic calendar. If you want to consider all previous prices on a chosen currency or other asset, you may need this tool. It contains all the relevant information about prices for a specific period of time.
- It can become your helper in risk management as this tool sends alerts on any changes under your requirements. It is also equipped with a range of other services like more detailed charts, educational resources, news and market updates, etc.
With such a huge base of tools, Global Prime seems to be a reliable partner in markets.
Global Prime: Trading Platforms
Global Prime is planning to operate on different trading platforms. The main is MetaTrader 4, but the developers promise the functionality of Trading View, MetaTrader 5, cTrader, but when exactly these options will be in the free access is unknown. So, let’s check the only available option for this moment.
MetaTrader 4 is a common platform understood by every investor who has ever traded on the markets. Its functionality mainly covers forex trading. Global Prime has not limited itself to the web version of the platform but has also developed analogues for other devices – Windows, Mac, iOS, and Android.
If shortly, the broker launches other promised platforms, it will increase its international status, but for now, this platform may not cover the needs of absolutely all traders.
Global Prime: Customer Support
The broker’s goal is not just to provide a place where traders can check marker prices and invest, it is also a place where clients can receive advice and answers to their questions. Its customer support is available 247/7 from Monday to Saturday (AEDT) and from Sunday to Friday (GMT) by email and phone.
It also has several departments that specialize in different issues – accounts, intuitional, compliance, and marketing.
GlobalPrime.com: Closing Thoughts
Global Prime creates a safe environment for traders and their further investment steps. It has serious scam protection and verification processes. The broker presents reliable payment methods, a helpful educational hub, and a high rating on Google. In general, it is a recommended option for beginners and pro traders.
Modern analysis and charting tools help me make informed decisions. The platform is constantly updated and improved, which is also nice.
Amazing service! I have been working with this broker for over a year now and during this time I am convinced that this is the best choice.
Ich bin sehr zufrieden mit der Servicequalität und dem Support des Brokers. Die Handelsbedingungen sind transparent und das schafft Vertrauen. Die Provisionen für Transaktionen sind hier etwas höher als der Durchschnitt, aber das wird durch das Serviceniveau und die Zuverlässigkeit der Plattform ausgeglichen. Aus diesem Grund habe ich 4 von 5 Punkten vergeben.
Every time I make a deal, I understand that this is one of the best options of brokers. Not ideal, because there are some disadvantages, but still very good.
I rate the service level as average. The main functions are performed, but sometimes the site works slowly. Otherwise, it is acceptable, but not ideal.
As a beginner, I was worried about trading, but this broker made it simple. Their tutorials and support team have been great and I make some progress here.
they promise me many assets but in fact only few of them were satisfied for my goals,,its nor what they promised for me
Il trading demo è qualcosa che voglio provare da molto tempo e qui i sogni diventano realtà. È molto più semplice prevedere i possibili scenari della mia operazione quando posso prima provarlo nella versione demo. Anche gli spread più bassi sono abbastanza buoni, quindi posso consigliarli ad altri.
Have some unpleasant experience with support team because they can’t give me the answer on the same day. Other features are quite good and really impressed me!
I was shocked at first time because I used to pay 5% of fess but at gm it is 0. I am exciting to try some new platform type because it seems to be more beneficial for me. The manager will inform me about this update!