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Is Global Prime a good broker?

  • Post #1
  • Quote
  • First Post: Jan 10, 2016 2:10am Jan 10, 2016 2:10am
  •  cjtylor
  • | Joined Jan 2015 | Status: Member | 168 Posts
Has anyone used Global Prime?
How is the experience - is it a trustworthy broker ?

Thanks in advance!
  • Post #2
  • Quote
  • Jan 10, 2016 11:13am Jan 10, 2016 11:13am
  •  SmoothTrader
  • Joined Oct 2008 | Status: Perpetual Student of the Charts | 947 Posts
Check out ForexPeaceArmy<DOT>com and www<DOT>stevehopwoodforex<DOT>com/phpBB3/viewforum<DOT>php?f=52

They both have reviews. Unfortunately I am in the USA so I can't deal with them personally.

GREEN pips to you on your quest.
 
 
  • Post #3
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  • Jan 10, 2016 11:37pm Jan 10, 2016 11:37pm
  •  cjtylor
  • | Joined Jan 2015 | Status: Member | 168 Posts
yea thanks .
I just wonder if someone have real experience with them - can anyone share?
 
 
  • Post #4
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  • Jan 11, 2016 3:35am Jan 11, 2016 3:35am
  •  BubaYaga
  • Joined Jun 2014 | Status: coffee's for closers | 695 Posts
Global Prime are reliable. In my honest opinion definitely the best Australian broker for retail traders with smaller accounts.
if you don't do your maths, the maths will do you.
 
 
  • Post #5
  • Quote
  • Jan 12, 2016 1:47am Jan 12, 2016 1:47am
  •  cjtylor
  • | Joined Jan 2015 | Status: Member | 168 Posts
How is their withdraw speed?
anybody used them before?
 
 
  • Post #6
  • Quote
  • Jan 12, 2016 2:50am Jan 12, 2016 2:50am
  •  BubaYaga
  • Joined Jun 2014 | Status: coffee's for closers | 695 Posts
Submit a withdraw request and they email you a PIN.
follow the link in the email and submit the PIN in said email.
I have an Australian bank account and it takes about 1 business day once PIN confirmation has been submitted.
if you don't do your maths, the maths will do you.
 
 
  • Post #7
  • Quote
  • Jan 13, 2016 5:02am Jan 13, 2016 5:02am
  •  entheos
  • | Joined Dec 2011 | Status: Member | 1,052 Posts
I did test this broker a long time ago.
They applies the same margin for all pairs.
my mean,
leverage 1:200,account base currency:us$
entry 1lot,
required margin is 500usd for all pairs.
500usd for eurusd,
500usd for usdjpy,
500usd for audusd,
500usd for nzdusd,......................... the same margin for all pairs.
so i asked them but no replied to me.

It is impossible to offer the same margin for all pairs under the real market condition.
 
 
  • Post #8
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  • Oct 19, 2020 6:18am Oct 19, 2020 6:18am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
Global Prime is the best broker I ever had, 35 days live...
Attached Image (click to enlarge)
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  • Post #9
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  • Edited 12:07pm Oct 19, 2020 11:32am | Edited 12:07pm
  •  mohdhm
  • | Joined Feb 2019 | Status: Member | 17 Posts
Quoting rmrf
Disliked
Global Prime is the best broker I ever had, 35 days live... {image}
Ignored
what the hell is with that consecutive win count LMAO. crazy stuff, your rules must be solid. Last week alone was when my winning streak started.

Here is my experience (1 year): always a break even trader so i never withdrew money to tell you how that experience was. Superb spread, superb customer support, no market manipulation on the broker's part, never "missed" a trade due to slippage (but i'm not a breakout trader so i can't say anything about that part regarding slippage). To summarize, VERY SATISFIED with global prime. They don't have a large selection of things to trade compared to icmarkets tho, the spreads are not as good as ICmarkets, (still super low) and no BTC deposit. 1:100 leverage can be low if you are trading on the 1min chart.... maybe 15-20% of the time, so your trade would not kick in if you are playing with 1% of your balance, you can get 1:200 leverage but you need to ask them for permission (meanwhile you can do 1:500 with icmarkets).
 
 
  • Post #10
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  • Last Post: Edited 7:57am Oct 21, 2020 5:14am | Edited 7:57am
  •  collosangy05
  • Joined Nov 2018 | Status: Diplomatic Member | 83 Posts
All i can say is they are the best in the business. No gimmicks and B-booking traders. Purely A book stuff. The trade receipts are just a game changer. Holding your broker accountable. For goodness sake there's no where I'll want to be. Luckily found them earlier in my trading career.

Quoting cjtylor
Disliked
Has anyone used Global Prime? How is the experience - is it a trustworthy broker ? Thanks in advance!
Ignored
Best in the business. Give it a try and better yet join the discord channel where u can chat with the owners and other like minded traders
Titan Black
 
 
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