CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Broker profile

Global Prime

FSCA · No FSCA licence found

FMGP TRADING GROUP PTY LTD

At a glance

Licences2 regulators1 on a register · incl. top-tier
WarningsNone about it1 copycat names/sites
CostsFrom 0.0Commission $0

Licences and regulators

ASIC385620
FMGP TRADING GROUP PTY LTD
On the register
VFSC40256 (company no.)
Gleneagle Securities Pty Limited
Claimed by broker

“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.

Company facts

Websiteglobalprime.com
Head office (country)–
Founded2010 (as stated on its site)
Support emailsupport@globalprime.com (source)
Legal entities namedFMGP TRADING GROUP PTY LTD · Gleneagle Securities Pty Limited

From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.

Licence details by regulator

RegulatorEntity · numberStatusWhat it covers
ASICFMGP TRADING GROUP PTY LTD · 385620On the registerLicence number found on ASIC's AFS licensee register (data.gov.au)
VFSCGleneagle Securities Pty Limited · 40256 (company no.)Claimed by brokerPermitted activities are listed on the VFSC register ↗.

A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.

Shares an entity or licence with

Check other warning sources

  • IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.
  • FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.
  • ASIC enforcement ↗Australian media releases on court action and bans. Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.
  • CySEC decisions ↗Cyprus board decisions and fines. Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.
  • CFTC RED list ↗Foreign firms acting as if US-registered. Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.
  • NFA BASIC ↗US futures and forex firm records and actions. Search for “Global Prime” and “FMGP Trading Group Pty Ltd”.

Change log

No alerts or corrections for Global Prime yet. All fixes are in the corrections log.

Accounts and platforms

PlatformsMT4MT5
Lowest spread0.0Advertised 'spreads from', pips
Commission$0Commission as stated on the page (see quote for unit)

Copycats: names and sites that are not Global Prime

Regulators list these as look-alikes or impersonators. Always check the website address.

Global Prime: questions and answers

Which licences does Global Prime name?

We can't tell you whether to trust a broker. Here is what public sources show. Global Prime names licences from ASIC and VFSC. 1 of these was found on the regulator's own register. Always check the regulator's register yourself.

Is Global Prime regulated by the FSCA?

We didn't find an FSCA licence (FSP number) for Global Prime.

Are there regulator warnings about Global Prime?

We found no warning about Global Prime itself on the lists we check (FSCA, FCA, CySEC, AMF, ASIC, CONSOB, CSA). We did find 1 look-alike names or websites that copy it. These are not Global Prime.

What is Global Prime's Trustpilot rating?

We haven't recorded a Trustpilot score for Global Prime yet.

What is the minimum deposit at Global Prime?

We haven't recorded Global Prime's minimum deposit from its own pages yet.

Facts from public sources, not advice. We don't rate or recommend brokers.

Trader reviews of Global Prime

Deposits & withdrawals (optional) Platform (optional) Support (optional)

Reviews are moderated. No links, phone numbers or "fund recovery" offers. Those are a common scam. Reviews are traders' own views, not ours, and not advice.