Global Prime vs Forex.com

Global Prime vs Forex.com Comparison Table 2023
Global Prime Forex.com
3.8
4.5

Forex.com is #1 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Global Prime is a multi-regulated trading broker offering 100+ 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.

Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

Comment by Reviewer
"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." "Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple deposit methods
  • MetaTrader 4 integration
  • Good execution speed
  • Strong regulation
  • Copy trading
  • Top-rated forex and CFD broker
  • The broker’s parent company, StoneX, is listed on the NASDAQ
  • Thousands of assets are available from currencies to stocks, indices and commodities
  • Leading trading tools, including Trading Central, SMART Signals and MetaTrader 4
  • Multiple account currencies including USD, EUR and GBP
  • Industry-leading pricing on popular forex assets
  • Up to 15% cashback rebates for active traders
  • VPS hosting for automated strategies
  • Free demo account for beginners
  • Fast order execution speed
  • TradingView integration
  • Low minimum deposit
Cons
  • Clients from US and Canada are not accepted
  • No MetaTrader 5 integration
  • $15 inactivity fee
  • No copy trading tool
  • Tools and platform access varies between countries
Awards
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account
Yes Yes
Minimum Deposit
AUD $200 $100
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
ASIC, VFSC, FSA CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
Yes Yes
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes Automated trading supported through platforms (MT4)
Copy Trading
Yes No
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service.
Social Trading
Yes No
Trade Signals
SMART Signals
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
Commodities
CFD Trading
Global Prime scores highly for its competitive ECN spreads across a range of CFD markets. Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds.
Leverage
1:200 1:200
FTSE Spread
0.84 1 pt
GBPUSD Spread
0.64 1.0 Var
Oil Spread
1.6 0.04 Var
Stocks Spread
Variable 0.1% (Min Commission Applies)
Forex Trading
Global Prime offers online trading on a long list of major, minor and exotics currencies. Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k.
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread
0.75 1.0 Var
EURUSD Spread
0.16 0.8 Var
EURGBP Spread
0.85 0.8 Var
Assets
48 80+
Cryptocurrency
Global Prime offers more than 35 digital coins with impressively low commissions from 0.1%. Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada.
Spread
Floating BTC 1.4%, ETH 2%
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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