At its core, Fair + Trade is about ensuring that your interests as a trader are aligned with our interests as a broker, and that through this mutually beneficial relationship, both parties are better off.
We believe that traders are better off with us since we’re not making money from their losses. Furthermore, we see it as our duty to create the conditions that are conducive to a traders success by offering institutional trading benefits to the individual.
The group is in good standing with its regulators; ASIC, FSA and VFSC.
Global Prime conducts regular independent external audits of its financial and compliance arrangements to ensure regulatory compliance.
We are good corporate citizens and take our obligations as Financial Services Licences holders seriously.
We have no adverse regulatory or judicial findings against us from any financial regulator, government body or court of law.
Global Prime was founded in 2010 and is an Australian owned and operated Financial Services Provider. The Company was originally founded to cater to the then booming user base of the MT4 platform. This was at a time when expert advisors were becoming more mainstream and ‘ECNs’ were starting to become more common among retail brokers.
In 2011, the management of Global Prime asked if Elan Bension and Jeremy Kinstlinger could join the team to take Global Prime to the next level. The decision was made to open up Global Prime's transparent institutional Forex offering to retail investors - it has been in the Company’s DNA ever since.
Global Prime is authorised to deal in securities, derivatives and foreign exchange contracts,
as well as provide general and personal advice to retail and wholesale clients.
Global Prime Pty Ltd, ABN 74 146 086 017, Global Prime holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no.385620.
Global Prime FX Ltd is a registered Seychelles company (Company Number 8426189-1) and holds a Securities Dealers Licence SD057 issued by the FSA.
Gleneagle Securities PTY Limited trading as Global Prime FX is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC.
The Global Prime leadership team has over 80+ combined years of experience within financial trading and related markets.
The protection of your money is of paramount importance to Global Prime. All client money is managed in accordance with client money laws and kept separate from company funds. Client money is held in segregated Client Trust Accounts with HSBC Bank Australia Limited, an A rated Australian bank regulated by APRA and ASIC.
Every financial services regulator enforces their own unique set of laws, rules and protections around client money. This means the Global Prime entity you are contracted with will determine the statutory protections afforded to your money held with us and what those funds can be used for, detailed below.
|Contracting Entity||Global Prime Pty Ltd||Gleneagle Securities PTY Limited |
t/a Global Prime FX
|Global Prime FX Ltd|
|Does Global Prime offer client money protection under the ASIC Client Money Reporting Rules 2017?||Yes||No||No|
|Is client money required to be kept in segregated client trust account?||Yes||Yes||Yes|
|Client money can be used for hedging?||No||Yes||Yes|
|Deposit compensation scheme? (limit)||No compensation scheme||No compensation scheme||No compensation scheme|
|Deposit / withdrawal fees||No fees||No fees||No fees|
We believe that a trader should focus on their trading and not their broker. Our purpose is predicated on ensuring that our interests are aligned with yours. We believe wholeheartedly in the relationship being mutually beneficial and that ultimately, the broker serves the needs of the client above all else. How does this affect your trading? We believe that by taking the conflict of interest that arises from brokers profiting off client losses out of the equation, you can focus on your trading and not your broker. Accordingly, we have made it our mission to create an environment that is conducive to profitable trading as at the end of the day, when you win we win.
Talk to one of our support agents today and learn more about the Global Prime advantage.
Global Prime was founded in 2010.
Global Prime is regulated by the Australian Securities and Investments Commission (ASIC), Seychelles Financial Services Authority (FSA) and the Vanuatu Financial Services Commission (VFSC).
The protection of your money is of paramount importance to Global Prime. All client money is managed in accordance with client money laws and kept separate from company funds. Client money is held in segregated Client Trust Accounts with HSBC Bank Australia Limited, an A rated Australian bank regulated by APRA and ASIC. Every financial services regulator enforces their own unique set of laws, rules and protections around client money. This means the Global Prime entity you are contracted with will determine the statutory protections afforded to your money held with us and what those funds can be used for.