Our new commission free account has the lowest trading costs you’ll find. You can now trade EURUSD with a spread of only 0.3 pips and no additional commissions.
Make Global Prime your next trading partner. We provide detailed trade receipts so you can see the performance of every trade execution including the liquidity provider behind your trade.
Not quite ready yet? Try a Free Demo Account
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Pepperstone
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IC Markets
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FP Markets
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IG
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Plus500
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|---|---|---|---|---|---|---|
| AUDUSD | 5.19Save from 44% | 9.21-44% | 9.86-47% | 9.6-46% | 9.61-46% | 10.4-50% |
| EURUSD | 3.90Save from 51% | 8.17-52% | 7.91-51% | 8.3-53% | 11.17-65% | 10.4-62% |
| GBPUSD | 9.09Save from 15% | 11.94-24% | 10.64-15% | 10.9-17% | 15.45-41% | 16.9-46% |
| GBPJPY | 14.18Save from 7% | 20.24-30% | 16.69-15% | 15.27-7% | 33.57-58% | 35.5-60% |
| USDCAD | 7.45Save from 20% | 9.87-25% | 9.34-20% | 10.19-27% | 17.87-58% | 21.3-65% |
| USDCHF | 8.96Save from 14% | 12.22-27% | 10.43-14% | 11.48-22% | 28.51-69% | 25.4-65% |
| USDJPY | 5.91Save from 28% | 9.25-36% | 8.65-32% | 8.18-28% | 9.81-40% | 11.8-50% |
Fees are converted into AUD and include Spreads + Commissions (if charged by a competitor). Competitor fees are based on advertised rates visible on their websites as at 26 May 2021.Important Disclosures |
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FX, Metals, Commodities, Indices, Crypto, Bonds, Shares
Individual, Joint, Corporate and Trust accounts
AUD, USD, EUR, GBP, SGD, CAD
7 USD/lot or commission free
*Clients registered in Australia trade commission free.
Electronic Communications Networks or ‘ECNs’ are off-exchange execution venues which allow market participants to trade with a range of counterparties anonymously. They are the main trading venues for OTC markets such as Foreign Exchange and Metals.
This basically means ECNs provide the technology and venue for price makers aka ‘liquidity providers’ to distribute their liquidity. Price takers (traders) can see these prices and execute trades against them. The ECN is therefore responsible for prices/quotes and the execution of orders.
See our ECN page for a detailed overview of the Global Prime ECN offering.
Global Prime keeps it simple with one account type - The ECN Account. It features the following:
Global prime offers a true ECN experience. We can prove this on everyone of your trades with automated trade receipts. These show the bank who filled your trade. Find more information here.
All client trades, and therefore market risk, is passed on to Global Primes liquidity providers. Our A-book model means that your trades are not internalised, rather they are filled by our liquidity providers. This means we do not profit from your trading losses.
How can we verify this? The transparency provided by our world's first ‘automated trade receipts’ enable clients to query vital trade information on every trade, directly from within the client portal. This feature enables you to see the full order book at the time of your trade as well as which liquidity provider filled your trade.
All strategies are welcome at Global Prime. We don’t have restrictions on trading and we don’t interfere with your trades. We do however stress the importance of risk management and will generally only ever contact a trader when their risk is too high.
