Global Prime ReviewPosted by freeamfva on March 10th, 2023 Global Prime Review When you’re selecting a broker for your Forex trading activities, transparency, integrity and a proven track record of great customer service is among the top qualities you should be looking for. Global Prime is one brokerage with all of these qualities, plus an excellent business model that makes it great for traders of all types and experience levels. In the following Global Prime review, you’ll find everything you need to know about this brokerage to make an informed decision about whether to use it for your Forex trading.To get more news about global prime review, you can visit wikifx.com official website. Strength 1: Global Prime Trading Conditions Like everything else about it, Global Prime’s fee structure is trader-friendly. Spreads average just 0.1 pip on the popular EUR/USD currency pair and are relatively low across the board. A commission of (round turn) per 100k units is applied to fx and spot metal trades (other CFDs are commission-free, spread only products), keeping the costs of trading quite low. A final point to note is that the brokerage sets its margin stop at 100 percent and its margin call at 120 percent. Traders can easily open a live account with leverage ratios of up to 100:1 via the broker’s offshore entity regulated in Vanuatu. In Australia, it is restricted to a maximum of 30:1. Traders are able to take advantage of relatively low minimum trade volumes starting at just 0.01 lots. Together, the low initial investment, reasonable leverage ratios and low required trade volume make Global Prime a good brokerage for beginning Forex traders who don’t want to risk too much money at the outset. Like many leading brokerages, Global Prime offers more than one type of trading platform. The most common platform is MetaTrader 4, which is available for Windows, Mac, iPhone (IOS) and Android devices. This platform is universally popular among Forex traders and is used by many of Global Prime’s competitors, making it easy for experienced traders who are new to the brokerage to start trading quickly. The other trading platform option is TraderEvolution which comes standard with a range of features including depth of market, one-click trading, 10+ customisable chart types, and algo trading capabilities. This platform requires a different global prime account to their ECN account. Like it? Share it!More by this author |