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FXMARE editorial rating, not user reviews.
A Sydney-based ECN broker with genuine ASIC oversight, zero minimum deposit, and raw spreads from 0.0 pips — a solid low-cost choice for active forex traders outside the US.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
A Sydney-based ECN broker with genuine ASIC oversight, zero minimum deposit, and raw spreads from 0.0 pips — a solid low-cost choice for active forex traders outside the US.
Global Prime is regulated by ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles). Independently verifiable licences include ASIC AFSL 385620 — FMGP Trading Group Pty Ltd (issued 5 Jan 2011, Active). It carries strong, well-established regulatory oversight.
EUR/USD spreads start around 0.1 pips on the raw/ECN account (about 0.9 pips on the standard, commission-free account), with $7 (Raw account, USD; forex and precious metals only; no commission on indices/commodities/bonds) commission. The minimum deposit is $0 (practical minimum ~$10 via most payment methods) and maximum retail leverage is 1:30 (ASIC retail, major forex); up to 1:500 (VFSC offshore entity). Swap-free (Islamic) trading is offered conditionally — Availability is contested across independent reviews (some 2025-2026 sources say it exists on request via support; others say it is not offered). The official swaps page makes no mention of Islamic/swap-free accounts. Verify directly with broker before assuming availability..
Platforms include MT4, MT5, TradingView. Global Prime provides ~150+ markets: ~56 forex pairs, ~18 indices, ~23 commodities, ~40 crypto CFDs, 100+ US share CFDs, 3 bond CFDs across Forex, funded via Visa, Mastercard, Apple Pay, PayPal, Neteller, Skrill.
Global Prime offers a compelling combination of tier-1 ASIC regulation (active since 2011), genuinely low Raw ECN costs (~0.1 pip EUR/USD average + $7 round-turn), and a $0 minimum deposit that removes the barrier to entry. Its main limitations are a thin platform stack (MT4/MT5 only, no cTrader) and the dual-entity structure: traders onboarded through the Vanuatu entity lose ASIC's retail protections, so due diligence on which entity you are actually under matters. Best suited for cost-conscious scalpers and EA traders who want ASIC-backed safety without paying a premium.
Headquarters: South Yarra, Melbourne, Australia (Level 10, 627 Chapel St) · Funding: Visa, Mastercard, Apple Pay, PayPal, Neteller, Skrill, Bank Wire Transfer, Crypto (BTC/ETH/LTC/XRP/USDT)
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Global Prime is authorised by ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with Global Prime in the FXMARE trading journal.
Global Prime offers a compelling combination of tier-1 ASIC regulation (active since 2011), genuinely low Raw ECN costs (~0.1 pip EUR/USD average + $7 round-turn), and a $0 minimum deposit that removes the barrier to entry. Its main limitations are a thin platform stack (MT4/MT5 only, no cTrader) and the dual-entity structure: traders onboarded through the Vanuatu entity lose ASIC's retail protections, so due diligence on which entity you are actually under matters. Best suited for cost-conscious scalpers and EA traders who want ASIC-backed safety without paying a premium.
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FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Global Prime. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
