Deposits can be made from inside the Client Portal.
If this is your first time making a deposit please read the following:
| Method** | Processing Time | Min Deposit | Currency | Restrictions | Fees |
|---|---|---|---|---|---|
|
Instant | 1 | USD, AUD, GBP, EUR, SDG, CAD | 10,000 max per transaction 50,000 max per 30 days |
Zero |
| Funds deposited via MasterCard must be refunded back to the same MasterCard up to the deposit amount, thereafter, profits can only be Bank Wire or Wire transferred to an account from the same entity. E.g Jane Citizen's MasterCard profits will go to Jane Citizen's Bank Account. | |||||
|
Instant | 1 | USD, AUD, GBP, EUR, SDG, CAD | 10,000 max per transaction 50,000 max per 30 days |
Zero |
| Funds deposited via VISA must be refunded back to the same VISA up to the deposit amount, thereafter, profits can only be Bank Wire or Wire transferred to an account from the same entity. E.g John Smith's VISA profits will go to John Smith's Bank Account. | |||||
|
Instant | 5 | USD, AUD, GBP, EUR, SDG, CAD | 10,000 max per transaction | Zero |
| Funds transferred from a Neteller Wallet must be from the same entity, with the email address matching your Global Prime Account email address. Global Prime reserves the right to pass any charges to you for any misuse of service. | |||||
|
Instant | 5 | USD, AUD, GBP, EUR, SDG, CAD | 10,000 max per transaction | Zero |
| Funds transferred from a Skrill Balance must be from the same entity, with the email adddress matching your Global Prime Account email address. If you choose to fund via Skrill VISA please be advised that this payment option is limited based on georules. Global Prime reserves the right to pass any charges to you for any misuse of service. | |||||
|
Instant | 25 | USD, AUD, GBP, EUR, SDG, CAD | 5,000 max per transaction | Zero |
| Before you proceed with a Deposit via Local Bank Wire for MYR, VND, THB and IDR please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. | |||||
|
Instant | 50 | USD, AUD, GBP, EUR, SGD, CAD | 5,000 max per transaction Restricted to Philippines |
Zero |
| Before you proceed with a Deposit via Local Bank Wire for PHP, please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. Please also make sure that your fund using a Philippines IP Address. | |||||
|
Instant | 25 | USD, AUD, GBP, EUR, SGD, CAD | 5,000/transaction | Zero |
| Before you proceed with a Deposit via Local Bank Wire for MYR, VND, THB, NGN or ZAR, please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. | |||||
|
Instant | 1 | USD, AUD, GBP, EUR, SGD, CAD | 10,000/transaction Local Bank Wire Indonesia |
Zero |
| Before you proceed with a Deposit via Local Bank Wire for IDR, please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. | |||||
|
Instant | 25 | USD, AUD, GBP, EUR, SGD, CAD | 5,000 max per transaction require a QR Code with Local Thai Bank |
Zero |
| Before you proceed with a Deposit via Local Bank (QR) for THB, please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. | |||||
|
Instant | 5 | USD, GBP, AUD, CAD, EUR, SGD | 40,000 max per transaction | Zero |
| Before you proceed with a Deposit via Local Bank Wire (THB QR), please ensure that all payments are made from an account registered in the same name as your Global Prime trading account. | |||||
|
24 - 48hrs approx | 200 | AUD only | None | Zero |
| Funds transferred via BPAY must be from the same entity as the Global Prime Account. If the information received differs our Support Team will be in contact. | |||||
|
Instant | 1 | AUD only | None | Zero |
| Funds transferred via POLi must be from the same entity as the Global Prime Account. If the information received differs our Support Team will be in contact. | |||||
|
1-2 Business Days (Australia) 3-5 Business Days (Intl.) |
200 | USD, AUD, GBP, EUR, SDG, CAD | None | Zero |
| 1-2 Business Days (Australia) 3-5 Business Days (International) Bank Fees Global Prime does not charge any additional deposit or withdrawal fees. You should note that you may incur fees on International Wires due to Intermediary bank charges - which are out of Global Prime's and your banks control. | |||||
Global Prime does not accept payments from third parties. Please ensure all deposits into your Global Prime trading account come from a bank account in the same name. Payments from a joint bank account will be accepted if the account holder is one of the parties on the bank account.
To avoid any delay, please ensure you include your reference number as this helps us match your funds. To find your reference number please refer to your initial funding instruction email or log into Client Portal.
Withdrawal request can be done from inside the Client Portal.
If this is your first time making a withdrawal please read the following:
| Method | Processing Time* | Min Amount | Currency | Restrictions | Fees |
|---|---|---|---|---|---|
|
|
1-10 Business Days | 1 | USD, AUD, GBP, EUR, SDG, CAD | None*** | Zero |
|
|
1-10 Business Days | 1 | USD, AUD, GBP, EUR, SDG, CAD | None*** | Zero |
|
|
1-2 Business Days (AU) 3-5 Business Days (Int.) |
50** | USD, AUD, GBP, EUR, SDG, CAD | None | Zero + Intermediary Bank Charges |
|
|
Instant once actioned | 1 | USD, AUD, GBP, EUR, SDG, CAD | None*** | Zero |
*Processing time is the expected duration for a withdrawal to be received by the client. All withdrawals submitted on the same day before 10 AM AEST/11 AM AEDT (00:00 GMT) will be submitted out.
**This amount is to take into account intermediary bank charges that can detract from the withdrawal amount.
*** If a client deposits funds via Neteller or Credit Card and then requests a withdrawal of these funds with no trading (or minimal trading) on their account then we reserve the right to charge the applicable merchant fees to the clients account upon their withdrawal. We will actively notify clients where we find suspicious activity. Recurring cases of abuse will see the clients account immediately closed.
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 Westpac bank, an AA 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.
| Australia | Vanuatu | |
|---|---|---|
| Contracting Entity | Global Prime Pty Ltd | Gleneagle Securities PTY Limited trading as Global Prime FX |
| Authorised by | ASIC | VFSC |
| Does Global Prime offer client money protection under the ASIC Client Money Reporting Rules 2017? | Yes | No |
| Is client money required to be kept in segregated client trust account? | Yes | Yes |
| Client money can be used for hedging? | No | Yes |
| Deposit compensation scheme? (limit) | No compensation scheme | No compensation scheme |
| Customer support | 24/5 | 24/5 |
| Deposit / withdrawal fees | No fees | No fees |
