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GL

Global Prime Review: Is It Legit and Regulated?

FMGP Trading Group Pty Ltd

AU Since 2010

FindMyFX score

high risk

4.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
globalprime.com
Address
Level 10, 627 Chapel Street, South Yarra, Victoria 3141, Australia
Contact
Level 10, 627 Chapel Street, South Yarra, Victoria 3141, Australia
Primary license
ASIC · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Global Prime legit and regulated?

FindMyFX has license records for Global Prime, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Global Prime is an Australia-based foreign-exchange and CFD broker operated by FMGP Trading Group Pty Ltd, with a separate Vanuatu entity serving some clients.

Professional broker overview

FindMyFX editorial summary

Global Prime is operated primarily by FMGP Trading Group Pty Ltd in Australia, while Gleneagle Securities Pty Limited is identified for Vanuatu operations. Its official account page lists Standard and Raw accounts, zero minimum deposit, MetaTrader 4 and MetaTrader 5, and Standard spreads from 0.9 pips. The broker states that client money is segregated and that no investor compensation scheme applies, so entity-specific protections require staff review.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: AI-generated draft based on official broker pages accessed 2026-07-18. ASIC and VFSC registration details, client eligibility, and entity allocation remain subject to FindMyFX staff verification.

Operational status
active
Broker type
unknown
Execution model
The broker describes an agency-style model intended to reduce conflicts, but the reviewed pages do not establish a standardized ECN, STP, or market-maker classification.
Support hours
24/7

Documented advantages

  • Official account information lists no minimum deposit for Standard and Raw accounts.
  • The official site states that client money is held in segregated accounts.

Documented limitations

  • The official site states that no investor compensation scheme applies.
  • Trading terms and legal protections differ between the Australian and Vanuatu entities.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

2 entities

FMGP Trading Group Pty Ltd

Primary
AU ABN 74 146 086 017

Gleneagle Securities Pty Limited trading as Global Prime FX

VU Company number 40256

Trading access

Account types

Available account structures and their current verification state.

2 accounts

Raw

unverified
Deposit
0.00
Leverage
Not shown

USD 3.50 per side per standard lot

Spread
From 0.00 pips
Base currencies
USD, AUD, GBP, EUR, CAD, SGD, JPY
Margin call / stop-out
—% / 20.00%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Standard

unverified
Deposit
0.00
Leverage
Not shown

No commission

Spread
From 0.90 pips
Base currencies
USD, AUD, GBP, EUR, CAD, SGD, JPY
Margin call / stop-out
—% / 20.00%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

Cryptocurrencies

unverified

Forex

unverified

Indices

unverified

Share CFDs

unverified

Additional broker contacts

Support contact

https://www.globalprime.com/contact-us

unverified

Research sources

Licenses and regulators

ASIC

385620

unverified

Last verified: Not shown

Type: Australian Financial Services Licence
Client class: retail
Compensation: No investor compensation scheme stated
Segregated funds: Yes
Negative balance protection: Unknown

VFSC

No license number

unverified

Last verified: Not shown

Type: Vanuatu company registration and broker authorisation as described by the broker
Client class: other
Compensation: No investor compensation scheme stated
Segregated funds: Yes
Negative balance protection: Unknown

Non-trading fee schedule

Deposit Fee

unverified

0.0000

The official site states that Global Prime does not charge deposit fees; third-party charges may still apply.

Withdrawal Fee

unverified

0.0000

The official site states that Global Prime does not charge withdrawal fees; third-party charges may still apply.

Jurisdiction-specific offerings

AU · retail

unverified

Entity not linked · Leverage not shown

No investor compensation scheme stated by the broker

VU · other

unverified

Entity not linked · Leverage not shown

No investor compensation scheme stated by the broker

Score components

Regulation and licenses

6.0/10 · 35%

Two regulatory entities are disclosed on the official site, but direct register verification was incomplete.

Security and track record

5.0/10 · 20%

The broker states that client funds are segregated, while no investor compensation scheme is stated.

Trading conditions

5.0/10 · 15%

Official account specifications provide minimum spreads, commissions, base currencies, and stop-out information, but jurisdiction-specific leverage was not confirmed.

Company transparency

7.5/10 · 10%

The official site provides legal names, registration identifiers, addresses, restrictions, and entity-level disclosures.

Service quality

2.5/10 · 10%

The official site states 24/7 support, but no independently verified service-quality dataset was inspected.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was used.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.