ForexTB vs Global Prime

ForexTB vs Global Prime Comparison Table 2024
ForexTB	Global Prime
Review 3.6	Review 3.8

ForexTB is a CySEC-regulated multi-asset broker offering CFDs on more than 300 instruments through an intuitive web-based platform or MetaTrader 4. Competitive spreads are available to top-tier account holders with zero commissions. This broker also offers some attractive extra features including daily trading signals and comprehensive educational content.	Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.
Comment by Reviewer
"ForexTB is best for CFD traders with larger amounts of capital who can access the VIP account and more competitive pricing."	"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."
Pros
Full range of investments including stocks, indices, forex, cryptos, commodities and ETFs CFD trading tips, webinars and glossary Daily signals and financial news Automated trading supported Rich education centre Free demo account MT4 trading platform Trading Central	Full range of investments with 150+ assets including crypto Low latency with execution speeds from 10ms Wide range of deposit options with zero fees Segregated client funds 24/7 customer support $0 minimum deposit Trade receipts ECN account VPS
Cons
Withdrawal fees on some methods Limited customer support hours Fairly wide spreads on some assets Lack of copy trading $20 inactivity fee	Clients from US and Canada are not accepted Narrow range of account options No MetaTrader 5 integration
Instruments
Forex, ETFs, CFDs, Indices, Shares, Commodities, Cryptocurrencies	Forex, indices, commodities, cryptocurrencies, shares, bonds
Demo Account
Yes	Yes
Minimum Deposit
$250	A$200
Trading Platforms
MT4 TradingCentral	MT4 TradingView AutoChartist
Payment Methods
Credit Card Debit Card Giropay iDeal Mastercard Neteller PayPal Skrill Sofort Venmo Visa Wire Transfer	BPAY Credit Card Dragonpay FasaPay JetonCash Mastercard Neteller PayPal POLi Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC	ASIC, VFSC, FSA
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform.
Social Trading
No	Yes
Trade Signals
Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$20
Islamic Account
No	No
Account Currencies
USD EUR GBP JPY RUB	USD EUR GBP CAD AUD SGD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq	Australian Securities Exchange (ASX) DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Silver Soybeans Sugar Wheat Zinc	Copper Gold Oil
CFD Trading
ForexTB CFDs are available on forex, commodities, indices, stocks, ETFs and cryptocurrencies, covering 300+ markets in total. The leverage available varies by instrument to a maximum of 1:30 as per EU regulations. Spreads are variable, with no raw spread account available.	Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero.
Leverage
1:30 (Retail), 1:400 (Professional)	1:200
FTSE Spread
$0.02	0.84
GBPUSD Spread
1.8 pips	0.64
Oil Spread
$0.08	1.6
Stocks Spread
Variable	Variable
Forex Trading
ForexTB offers CFDs on 50 forex pairs, most of which are crosses with USD, EUR, GBP or AUD. Spreads are wide for basic account holders, who are offered 3 pips on EUR/USD, but the top VIP members are offered the more competitive 1.6 pips on the same pair. All accounts are commission free, with no raw spread option.	Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server.
GBPUSD Spread
From 2.0	0.75
EURUSD Spread
From 1.6	0.16
EURGBP Spread
From 1.8	0.85
Assets
50	48
Cryptocurrency
ForexTB traders can dip into cryptocurrency markets with around 25 crypto CFDs, paired with USD, EUR and GBP. The tokens available include Bitcoin, Ethereum, Dash, and Litecoin. This is not the widest range of cryptos, but the chance to trade with 1:3 or 1:5 leverage may attract traders.	Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche.
Spread
Floating	Floating
Coins
BTC ETH LTC XRP XMR DSH BCH ADA DOGE XLM DOT BNB	BTC BCH LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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