48 Currency pairs
0.0pips Spreads From
0.01 Min. Lot Size
1ms Execution From
Transparent Trade receipts
Performance ECN | STP | NDD

Global Prime specialises in low latency connectivity to the world's premier ECNs and Tier-1 liquidity providers for an unrivalled trading experience.

The foreign exchange market (forex, FX, or currency market) is a worldwide, decentralised, over-the-counter market for the trading of currencies. It is considered the largest market in the world, with daily trading volumes exceeding 5 trillion.

This gigantic volume (which dwarfs all of the major stock exchanges) combinedwith 24/5 trading, ample volatility, and generous trading conditions, has made the forex market a place of risk and reward for the discerning trader.


Disclaimer: Spreads from ‘Trade Proofer’ monthly spread data September 2019 report.

See All Avg. Spreads
Transparency, Execution & Technology

Why traders choose Global Prime for their Forex trading?

Forex Trading
Boost your performance
  • Razor tight ECN spreads from 0.0 pips
  • 3 prime brokers, 20+ liquidity providers
  • Deep interbank liquidity supported by our ECN technology ensure our spreads tight 24/5
Better fills less slippage
  • We hold our liquidity providers to a high standard
  • Fill ratios of 90% or greater with all LPs
  • Trades executed as limits with no ‘last look’ when supported
Get the price you see and want
  • Ultra fast order execution
  • Equinix NY4 (New York) tech and platform hosting + cross connects to our trading counterparties for the lowest latency
  • Average fill times of just 30ms make us one of the fastest brokers in the world

How does FOREX trading work?

FX trading involves buying one currency pair "base currency" against another currency pair "counter currency" anticipating that one currency will rise or fall against another.

Forex trading is similar to shares trading, except you're buying or selling one currency against another. It typically involves leverage which allows you to trade a much bigger volume by using only a limited about of capital. There are many different forex strategies used for trading Forex.

See below an example of how you could trading Forex using 1:100 leverage.

Global Prime How it Works

FOREX Trading Example

The gross profit on your rate is calculated as follows:

Opening Price

100,000 AUD x 0.71707 = 71,707 USD

Required Margin

100,000 AUD x 1% = 1,000 AUD

Closing Price

100,000 AUD x 0.72752 = 72,752 USD

Gross Profit on Trade USD

$1,045.00 USD

Opening the position

The price of the AUD against the USD (AUD/USD) is 0.71706 bid /0.71707 ask. You would like to buy 1 standard lot (AUD100,000) at 0.71707 ask.

You have 5,000 AUD balance and the leverage is 1:100

Closing the position

Three days later, the price of AUD against the USD rises up to 0.72752 bid/0.72754 ask.

Since you are in profit, you would like to close your position by selling 1 standard lot (AUD100,000) at 0.72752 bid.

Trading Conditions

View our trading conditions across our full range of products to see how trading with Global Prime is your next best move.


Live and historical average spreads

Swap Fees

Current swap rates and overnight interest charges

Margin & Leverage

Specs and examples across all products

Market Hours

The open/trading hours across all of our products

Download Product Specification Sheet



Minimum Spread

0.0 0.0 0.0 0.0 0.0 0.0

Average Spread

0.1 0.1 0.6 0.6 0.7 0.4
See All Average Spreads

Disclaimer: Spreads from ‘Trade Proofer’ monthly spread data September 2019 report.

Global Prime

ECN Account Features

Pricing & Execution
From 0.0 Pips
1:100 or 1:200
Minimum Deposit
A$ 200 or equivalent
Zero Fee
Funding & Withdrawal
Margin Call/Stop
120% & 100%
Min. Trade Size
0.01 Lots
Max. Trade Size
Up to 1000 Lots
Free VPS
Trade over 20 lots / month
Sign up Today
  • Available Markets

    48 FX, 20 Commodities, 14 Indices

  • ECN Account Types

    Individual, Joint, Corporate and Trust accounts

  • Currencies & Commissions

    7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD

Frequently Asked Questions

What is forex? And how does it work?

Forex is the term used to describe the ‘Foreign Exchange Market,’ which is considered the most liquid financial market in the world. Trading forex involves buying one currency by exchanging it for another currency, the price of which is determined by supply and demand. Currency products are traded as pairs in which currencies are weighted against one another. For instance, AUD/USD is the Australian dollar weighted against the US dollar. If you were to buy 1 lot of AUD/USD you would be buying 100,000 Australian dollars by delivering the equivalent (roughly 71,000 in US dollars.)

What is Forex margin?

Trading a leveraged security means that you have access to far more buying power within the market then your actual balance would allow. Accordingly, a ‘down payment’ or ‘collateral’ of sort is required in order for us to provide you the leverage you wish to trade with. This ‘collateral’ is what is referred to as margin. As such, for leverage of 1:100, 1% must be put up by the client as collateral, or 1% margin.

What is the maximum Forex leverage offered?

As a broker that runs a low risk business model, we offer a standard leverage of 1:100 and a maximum of 1:200 that can be approved pending an assessment of the riskiness of your trading style.

What is an ECN?

An ECN broker provides a market for its clients to trade. This means it streams quotes from participants of the ECN and matches orders against these. It is therefore like a virtual exchange where trades and risk are transferred among participants of the ECN rather than being internalised by the broker.

What are the Forex market hours/trading times?

The Forex market trades almost 24 hours a day 5 days a week from Monday to Friday. The hours are 5pm ET/EDT (New York) on Sunday afternoon/evening to 4:59pm ET/EDT (New York) on Friday afternoon/evening.

What GMT offsets are Global Prime’s charts set to?

GMT +3 (DST) / GMT + 2 (non DST)

Do you offer Forex trading material?

Our in house experts post daily articles covering the markets. You can find this material at the following link: https://insights.globalprime.com/

What are your commissions?

We only charge commissions on FX and metals. Our commissions start at USD $7 USD per 1 lot round turn. We do not charge commissions on CFDs.

What platforms can I use to trade FX?

We offer the following trading platforms - MetaTrader 4, Trader Evolution and FIX API.

What is the average execution speed?

The average execution speed for FX is <25 ms.

What are the average spreads on FX?

Global Prime has some of the tightest Forex spreads in the world. You can find the average spreads across our range of Forex pairs here https://www.globalprime.com/trading-conditions/spreads/.

What is the maximum trade size I can execute on FX?

On FX pairs, the maximum lot size per trade that can be executed is 1000 lots.

What is the minimum trade size I can execute on FX?

The minimum trade size that can be executed on FX is 0.01 lots.

Transparent Trading Model

Tight prices, fast fills, low slippage, trade receipts

Best Execution

Is about achieving the best possible result for our clients trades. Our aim is to be the #1 retail broker in the world for pricing and execution...

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How we make money

This means explaining exactly how we make money, how trades are executed and with whom, so traders can make an informed decision...

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What is ECN?

The ECN model was born to facilitate high volume, off exchange, anonymous trading, across a range of market asset classes...

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