CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Is it safe?

Is Global Prime safe and legit?

Short answer, from public records

Global Prime states licences from ASIC and VFSC. We matched 1 on the regulator's own register (ASIC). We found no regulator warning naming the firm itself. 1 warning list look-alike sites copying its name.

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Global Prime reviewLicences, costs, platforms and accounts

Licences

Full broker page
  • ✓ On registerASIC 385620FMGP Trading Group Pty Ltd
  • Stated by brokerVFSC 40256 (company no.)Gleneagle Securities Pty Limited

Regulator warnings

All warnings

None naming the firm itself.

1 look-alike site warning (these copy the name; they are not Global Prime)

  • Global Prime Trade 24 (globalprimetrade24.com) ASIC source ↗

Real site: https://globalprime.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is Global Prime safe?

Global Prime states licences from ASIC and VFSC. We matched 1 on the regulator's own register (ASIC). We found no regulator warning naming the firm itself. 1 warning list look-alike sites copying its name. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is Global Prime regulated?

Global Prime states licences from ASIC, VFSC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake Global Prime websites?

Yes. Regulators have listed 1 look-alike site copying the name. Always type the address yourself: https://globalprime.com/

Which Global Prime company holds the ASIC licence (Australia)?

FMGP Trading Group Pty Ltd, licence number 385620. We matched it on the regulator's own register. Check it yourself on the register: https://data.gov.au/data/dataset/asic-afs-licensee

Which Global Prime company holds the VFSC licence (Vanuatu)?

Gleneagle Securities Pty Limited, licence number 40256 (company no.). This is what the broker or a source states; we haven't matched it on the register. Check it yourself on the register: https://www.vfsc.vu/

Which look-alike websites have regulators flagged for Global Prime?

Global Prime Trade 24 (globalprimetrade24.com) (ASIC). These copy the name and are not Global Prime. Its own site is https://globalprime.com/.

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.