GP

Global Prime regulation & licences

Forex & CFD broker Founded 2010 🇦🇺 Australia

Licence ScoreModerateHow it's calculated

Before you open an account, check which Global Prime company your client agreement is with.

Visit Global Prime Compare

Licences on record 3

1 Tier 1 — top-tier regulation

ASICAustralian Securities & Investments Commission🇦🇺 Australia
Reference: check the register
Compensation: No statutory compensation fund for OTC derivatives; complaints go to AFCANegative balance protection: Required for retail clients

4 Tier 4 — light / offshore

FSA (Seychelles)Financial Services Authority Seychelles🇸🇨 Seychelles
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement
VFSCVanuatu Financial Services Commission🇻🇺 Vanuatu
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

Global Prime is a forex & CFD broker founded in 2010 and headquartered in Australia.

In our database Global Prime is matched to 3 licences from ASIC, FSA (Seychelles) and VFSC. Most importantly, the ASIC (Australia) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.

Global Prime's licences span very different levels of protection — from ASIC to FSA (Seychelles) and VFSC. The entity you are assigned to normally depends on your country of residence; if you live outside the jurisdictions of its stronger licences, expect to be onboarded to an offshore entity.

None of the regulators we have matched to Global Prime operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength. Negative balance protection is mandatory for retail clients under ASIC rules. Retail leverage caps apply at the ASIC-regulated entities (for example 30:1 on major FX pairs at ASIC).

Global Prime provides access to MT4 and TradingView. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.

Regulatory strengths

  • Licensed by 1 tier-1 regulator (ASIC)
  • Operating for about 16 years
  • Negative balance protection required at some entities

Points to check

  • International clients may be onboarded to offshore entities (FSA (Seychelles) and VFSC)
  • No statutory compensation scheme at any matched regulator

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
1 ASICNo statutory compensation fund for OTC derivatives; complaints go to AFCA30:1 on major FX pairs for retail clients since March 2021Required for retail clientsAustralian Financial Complaints Authority (AFCA)
4 FSA (Seychelles)No compensation schemeNo statutory capNot a regulatory requirementFSA Seychelles
4 VFSCNo compensation schemeNo statutory capNot a regulatory requirementVFSC

Trader reviews

No reviews yet. If you've used Global Prime, share what withdrawals, support and execution were like.

Write a review of Global Prime
Rating

Reviews are moderated. We don't accept reviews from brokers or their affiliates, and we don't remove genuine negative reviews on request.

Global Prime regulation FAQ

Is Global Prime regulated?

Yes — in our database Global Prime is matched to 3 licences: ASIC (Australia), FSA (Seychelles) (Seychelles) and VFSC (Vanuatu). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is Global Prime a tier-1 regulated broker?

Global Prime holds 1 licence from regulators we classify as tier 1: ASIC.

Does Global Prime accept US clients?

Global Prime is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Global Prime generally cannot accept US retail forex clients.

Is my money protected with Global Prime?

None of the regulators matched to Global Prime in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

What is the minimum deposit at Global Prime?

Global Prime advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.

How can I verify Global Prime's licence?

Find the company name and licence number in Global Prime's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

Brokers with similar licences

Broker Licences on record Licence Score Actions
FM Fusion Markets Forex & CFD broker, since 2017 ASICFSA (Seychelles)VFSC 56Moderate Licences Visit site
P Plus500 Forex & CFD broker, since 2008 ASICCFTC / NFAFCAMASCySECDFSA+4 92Very strong Licences Visit site
MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
A Admirals Forex & CFD broker, since 2001 ASICFCACySECEFSAFSCACMA (Kenya)+2 78Strong Licences Visit site
E eToro Multi-asset broker, since 2007 ASICFCACySECFSA (Seychelles) 74Strong Licences Visit site
X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.