ForexMart vs Global Prime
ForexMart or Global Prime – which is better for UK traders 2024? Compare ForexMart and Global Prime in this detailed breakdown of their platforms, features and fees.
ForexMart | Global Prime |
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ForexMart is ranked #92 among CFD brokers. | Global Prime is ranked #66 among CFD brokers. |
ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos. | Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. |
Pros | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, shares, indices, commodities, cryptocurrency | Forex, indices, commodities, cryptocurrencies, shares, bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | A$200 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC | ASIC, VFSC, FSA |
Mobile Apps | |
Yes | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Yes | Yes |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. | |
Social Trading | |
Yes | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | No |
Account Currencies | |
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Commodities | |
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CFD | |
Start leveraged CFD trading on the financial markets. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
Leverage | |
1:30 | 1:200 |
FTSE Spread | |
0 fixed | 0.84 |
GBPUSD Spread< | |
0.8 | 0.64 |
Oil Spread | |
0 fixed | 1.6 |
Stocks Spread | |
Variable | Variable |
Forex | |
Trade on an excellent range of popular and emerging forex pairs. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
Assets | |
100+ | 48 |
GBPUSD Spread | |
0.8 | 0.75 |
EURUSD Spread | |
0.8 | 0.16 |
EURGBP Spread | |
1.2 | 0.85 |
Cryptocurrency | |
Trade cryptocurrencies against the US Dollar with 1:2 leverage. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
Spread | |
Floating | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
ForexMart | Global Prime |
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