Global Prime vs TP Global FX

Global Prime vs TP Global FX Comparison Table 2023
Global Prime Review 2023	TP Global FX Review 2023
Review 3.8	Review 3.9
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
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.	TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog.
Bonus Offer
	Seasonal Bonuses
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."	"TP Global FX will suit forex traders who value true STP pricing, good educational resources and copy trading."
Pros
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	Good range of frequently updated educational resources Demo profile with unlimited simulated funds Very tight spreads from 0.2 Support for MT4 and MT5 Copy trading service Accepts crypto deposits ~30ms execution speeds High leverage available True STP pricing
Cons
Clients from US and Canada are not accepted Narrow range of account options No MetaTrader 5 integration	Limited consumer protections in place including negative balance protection High commissions of $15/$8 for the low-spread accounts Not overseen by any top-tier regulators Narrow choice of deposit options Small range of non-forex assets
Awards
	Most Transparent Broker 2021 - Forex Broker Awards Best FX Educational Broker 2021 - Forex Broker Awards Best Affiliate Program 2021 - Forex Broker Awards
Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
A$200	$200
Trading Platforms
MT4 TradingView AutoChartist	MT4 MT5 TradingCentral
Payment Methods
Boleto BPAY Credit Card Dragonpay FasaPay Mastercard Neteller PayPal POLi Skrill Visa Wire Transfer	Bitcoin Payments Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, VFSC, FSA	SVGFSA, VFSC, CAMA
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	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.	Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD SGD	USD
Stock Exchanges
Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext Hang Seng Japan Exchange Group Nasdaq S&P 500
Commodities
Copper Gold Oil	Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Natural Gas Oil Silver Sugar
CFD Trading
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.	TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms.
Leverage
1:200	1:500
FTSE Spread
0.84	Not offered
GBPUSD Spread
0.64	From 0.2 pips
Oil Spread
1.6	From 0.2 pips
Stocks Spread
Variable	From 0.2 points
Forex Trading
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.	TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2.
GBPUSD Spread
0.75	From 0.2 pips
EURUSD Spread
0.16	From 0.2 pips
EURGBP Spread
0.85	From 0.2 pips
Assets
48	50+
Cryptocurrency
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.	TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption.
Spread
Floating	Variable
Coins
BTC BCH LTC ETH XRP	BTC ETH LTC XRP EOS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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