Comparison of FP Markets and Global Prime
| Feature | FP Markets | Global Prime |
|---|---|---|
| Broker | ||
| Year Founded | 2005 | 2010 |
| Broker Type | ECN | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | ASIC, CySEC, FSCA, SVGFSA, SFSA | ASIC, VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $100 | $1 |
| Base Currencies | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL | USD, AUD, GBP, EUR, CAD, SGD, JPY |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, POLi, BPAY, AstroPay, Interac, MiFinity, DragonPay, VNPay, Perfect Money, Jeton, Crypto deposits (BTC, USDT) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Investor Compensation Fund (ICF) | - |
| Protection Size | €20 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✔ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Forex, Indices, Commodities, Bonds, Cryptocurrencies |
| Review | FP Markets Review | Global Prime Review |
About FP Markets
FP Markets is an Australian Forex and CFD broker founded in 2005 and regulated by ASIC, CySEC, and FSCA. It combines ECN pricing-RAW spreads from 0.0 pips and execution as fast as 0.02 seconds on Equinix NY4 servers-with a modest 100 AUD minimum deposit. Clients can trade via MetaTrader 4/5, cTrader, TradingView, or the Iress ViewPoint DMA platform, accessing more than 10000 instruments across forex, shares, indices, commodities, and crypto. The broker also supports passive strategies through Myfxbook AutoTrade, Signal Start, and MAM/PAMM solutions, while offering fee-free deposits and 24/7 multilingual customer support.
Pros
- Strong regulation with segregated client funds (ASIC, CySEC, FSCA)
- RAW ECN spreads from 0.0 pips and $6 round-turn commission per lot
- Execution speeds under 40 ms on NY4-ideal for scalping and algos
- Wide platform choice: MT4/5, cTrader, TradingView, and Iress ViewPoint
- 10000+ tradable instruments and numerous zero-fee funding options, including crypto
- Comprehensive analytics, education resources, and 24/7 multilingual support
Cons
- Iress ViewPoint incurs a monthly fee unless volume requirements are met
- Commission on RAW accounts may deter micro-lot traders
- No welcome bonuses or promotional offers
- Not available to clients in the USA and certain restricted jurisdictions
About Global Prime
Global Prime is an Australia-based fintech broker focused on transparent, low-cost CFD trading. Clients trade 150+ markets - from 56 FX pairs and major indices to bonds and 40 crypto CFDs - on MT4/MT5, TradingView and a proprietary GP Hub, choosing between a spread-only Standard account or a Raw account with 0.0-pip pricing and $3.50 commissions. Fast execution, segregated funds and negative-balance protection make the broker attractive to algorithmic, copy- and discretionary traders alike.
Pros
- Raw spreads from 0.0 pip
- 56 FX pairs + 100 US share & 40 crypto CFDs
- MT4/MT5, TradingView & GP copy trading hub
- ASIC & VFSC oversight; segregated client funds
Cons
- No Islamic (swap-free) accounts
- Education materials limited
FP Markets & Global Prime Regulation
| Feature | FP Markets | Global Prime |
|---|---|---|
Companies | First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited | FMGP Trading Group Pty Ltd, Gleneagle Securities Pty Limited |
Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Australia, Vanuatu |
Regulators | ASIC, CySEC, FSCA, SVGFSA, SFSA | ASIC, VFSC |
Investor Protection | Investor Compensation Fund (ICF) | - |
Investor Protection Size | €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FP Markets
First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited
Global Prime
FMGP Trading Group Pty Ltd, Gleneagle Securities Pty Limited
Countries
FP Markets
Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Global Prime
Australia, Vanuatu
Regulators
FP Markets
ASIC, CySEC, FSCA, SVGFSA, SFSA
Global Prime
ASIC, VFSC
Investor Protection
FP Markets
Investor Compensation Fund (ICF)
Global Prime
-
Investor Protection Size
FP Markets
€20 000
Global Prime
-
Publicly Traded
FP Markets
Global Prime
Segregated Accounts
FP Markets
Global Prime
Guaranteed Stop Loss
FP Markets
Global Prime
Negative Balance Protection
FP Markets
Global Prime
Account Types
| Account | FP Markets | Global Prime |
|---|---|---|
ECN Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $100 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 0.9 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 20% |
| Margin Call | 100% | 80% |
Zero Account | ||
| Account Name | Raw | Raw |
| Min Deposit | $100 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $6 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 20% |
| Margin Call | 100% | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
ECN Account
Account Name
FP Markets
Standard
Global Prime
Standard
Min Deposit
FP Markets
$100
Global Prime
$1
Lot Size
FP Markets
0.01
Global Prime
0.01
Spread Type
FP Markets
Floating
Global Prime
Floating
Execution
FP Markets
Market
Global Prime
Market
Min Spread
FP Markets
1
Global Prime
0.9
Fee
FP Markets
No
Global Prime
No
Max Leverage
FP Markets
1:500
Global Prime
1:500
Stop Out
FP Markets
50%
Global Prime
20%
Margin Call
FP Markets
100%
Global Prime
80%
Zero Account
Account Name
FP Markets
Raw
Global Prime
Raw
Min Deposit
FP Markets
$100
Global Prime
$1
Lot Size
FP Markets
0.01
Global Prime
0.01
Spread Type
FP Markets
Floating
Global Prime
Floating
Execution
FP Markets
Market
Global Prime
Market
Min Spread
FP Markets
0
Global Prime
0
Fee
FP Markets
$6 per 1 lot
Global Prime
$7 per 1 lot
Max Leverage
FP Markets
1:500
Global Prime
1:500
Stop Out
FP Markets
50%
Global Prime
20%
Margin Call
FP Markets
100%
Global Prime
80%
Additional Features
Demo Account
FP Markets
Global Prime
VIP Account
FP Markets
Global Prime
Swap-Free Account
FP Markets
Global Prime
Copy Trading
FP Markets
Global Prime
VPS
FP Markets
Global Prime
PAMM/MAM Accounts
FP Markets
Global Prime
Funding and Fees
| Feature | FP Markets | Global Prime |
|---|---|---|
Base currencies | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL | USD, AUD, GBP, EUR, CAD, SGD, JPY |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, POLi, BPAY, AstroPay, Interac, MiFinity, DragonPay, VNPay, Perfect Money, Jeton, Crypto deposits (BTC, USDT) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
FP Markets
USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL
Global Prime
USD, AUD, GBP, EUR, CAD, SGD, JPY
Deposit and withdrawal methods
FP Markets
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash)
Global Prime
Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, POLi, BPAY, AstroPay, Interac, MiFinity, DragonPay, VNPay, Perfect Money, Jeton, Crypto deposits (BTC, USDT)
Inactivity fee
FP Markets
Global Prime
Interest on margin
FP Markets
Global Prime
Withdrawal fee
FP Markets
Global Prime
Trading Platforms and Conditions
| Feature | FP Markets | Global Prime |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
Execution Speed | 20 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
FP Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Global Prime
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Execution Speed
FP Markets
20 ms
Global Prime
10 ms
Scalping
FP Markets
Global Prime
Expert Advisors (EAs)
FP Markets
Global Prime
Depth of Market (DOM)
FP Markets
Global Prime
Spread
FP Markets
low
Global Prime
low
Trading Assets
| Asset | FP Markets | Global Prime |
|---|---|---|
Currencies | 81 | 56 |
Indices | 18 | 18 |
Stocks | 566 | 100 |
Cryptocurrencies | 12 | 40 |
Bonds | 2 | 3 |
Metals | 17 | 4 |
Energies | 5 | 5 |
Soft Commodities | 7 | 14 |
ETFs | 58 | 0 |
Currencies
FP Markets
81
Global Prime
56
Indices
FP Markets
18
Global Prime
18
Stocks
FP Markets
566
Global Prime
100
Cryptocurrencies
FP Markets
12
Global Prime
40
Bonds
FP Markets
2
Global Prime
3
Metals
FP Markets
17
Global Prime
4
Energies
FP Markets
5
Global Prime
5
Soft Commodities
FP Markets
7
Global Prime
14
ETFs
FP Markets
58
Global Prime
0
Education and Analytics
| Feature | FP Markets | Global Prime |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FP Markets
Global Prime
Indicators
FP Markets
Global Prime
Robots
FP Markets
Global Prime
Signals
FP Markets
Global Prime
Autochartist
FP Markets
Global Prime
Expert Analytics
FP Markets
Global Prime
News Feed
FP Markets
Global Prime
Education Articles
FP Markets
Global Prime
Webinars
FP Markets
Global Prime
Seminars
FP Markets
Global Prime
Customer Support
| Contact | FP Markets | Global Prime |
|---|---|---|
Email | supportteam@fpmarkets.com | support@globalprime.com |
Phone | +4428254477809 | +61283793622 |
Telegram | Telegram | — |
Whatsapp | — | |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
FP Markets
Global Prime
Phone
FP Markets
Global Prime
Telegram
FP Markets
Global Prime
—
Whatsapp
FP Markets
Global Prime
—
LinkedIn
FP Markets
Global Prime
—
Which Broker is Better?
After comparing FP Markets and Global Prime, FP Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.