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Global Prime Review 2022 from freeamfva's blog

Global Prime is an Australian owned ECN broker, offering trading in forex, CFDs and commodities. The company specialises in low latency connectivity to tier-1 bank liquidity. Our review explores spreads, commission, leverage, opening a live account and more. Make an informed trading decision today.To get more news about globalprime, you can visit wikifx.com official website.

Global Prime was founded in 2010 and is based in Australia. The brokerage appeals to retail and institutional traders who are offered MT4, TraderEvolution and FIX API in forex, CFD and commodity markets. The company offers straight through processing and promises the best execution as their ECN allows for direct access to 26 liquidity providers.

The Global Prime Group is comprised of a network across Australia (Global Prime PTY Ltd), Vanuatu (Gleneagle Securities PTY Limited), and Seychelles (Global Prime FX Ltd). They are each regulated by the ASIC, VFSC and FSA.

The company’s leadership team have a combined experience of 80+ years within financial trading and related markets. Their investing services are used by over 10,000 traders globally and are available in over 194 countries, including the UK, though traders from United States are prohibited from opening an account.

Clients can trade with the popular MT4 platform, best-known for trading on the forex market. MT4 offers advanced charting functionality, 30 built-in indicators, one-click trading, automated investing through APIs, among other features.

The MT4 platform is suitable for clients looking to enjoy institutional style trading or scalping strategies. The platform is also suited to both new and more advanced traders.The TraderEvolution platform caters to professional traders who seek more advanced functionality for order entry, analysis and algorithmic trading. It comes with 14 fully customisable chart types, multiple time frames, ability to view market depth and one-click trading.

It is equipped with the same pricing and execution as the MT4 platform but offers greater transparency over liquidity, level 2 pricing, DoM trading and volume analysis.The FIX API solution is also designed for professional traders who are looking to deploy proprietary algorithmic trading solutions with the lowest possible latency. The platform is best suited to experienced traders who want the flexibility to use any programming language.

What’s particularly useful is the ability to connect directly with trading servers in real time, as opposed to going through third-party programs such as MT4. For easy account management and access, trades are drop copied to either an MT4 or TraderEvolution account.Spreads at Global Prime are variable starting from 0.0 pips. Typical spreads on leading pairs EUR/USD are 0.1 and 0.6 on GBPUSD. Typical spreads on FTSE100 are 0.84 and 1 on the Nasdaq 100.

Global Prime only charges commissions on forex and metal trades with the ECN account. Commission charges per standard lot are as follows: 7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD.The company also offers competitive overnight swap rates, which are taken directly from the interbank market.

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