FXCMvs
Global PrimeCrypto Exchange Comparison
FXCM and Global Prime operate as CFD brokers with non-native crypto offerings, but their approach to support, fees, and platform tools diverge in notable ways.
Our Verdict
Too close to call0.1 pts apart
FXCM and Global Prime are closely matched on core metrics, with the clearest difference in service and fee policy.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM provides 24/5 live chat support and phone support.
- 2Global Prime has no inactivity fee.
- 3FXCM offers compensation scheme.
Who should choose FXCM vs Global Prime?
Find out which crypto exchange best suits your trading profile.
Choose FXCM if…
Choose FXCM if you value 24/5 live chat support and direct phone assistance. You also gain a compensation scheme and multilingual support, plus FCA and ASIC regulation and a long track record since 1999 globally.
Choose Global Prime if…
Choose Global Prime if you want no inactivity fee and ASIC-backed regulation. You also access raw ECN spreads with low commissions and transparent pricing, supported by detailed execution statistics and strong institutional execution quality across crypto CFDs.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
FXCM leads security due to FCA/ASIC regulation plus FSCS protection.
Best for low fees
Recommended
FXCM vs Global Prime: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXCM |  Global Prime |
|---|---|---|
| Editorial score | 3.8/ 5 | 3.7/ 5 |
| Min Deposit | $50▼ lower | $200 |
| Spreads From | 0.4 pips | 0 pips▼ lower |
| Taker Fee | N/A | 7.00% |
FXCM vs Global Prime Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, high regulatory standard with FSCS protection
- Trading Station with professional quantitative analysis tools (FXCM Apps)
- Long track record since 1999 in institutional-grade retail trading
Cons
- Banned from US market (CFTC action 2017), not available to US clients
- Crypto selection is limited to major pairs
FXCM vs Global Prime: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FXCM
criteria wins
1
Global Prime
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FXCM | Global Prime |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
FXCM vs Global Prime: Frequently Asked Questions
The scores are close: FXCM rates 3.8/5 and Global Prime rates 3.7/5. FXCM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Global Prime lists a lower spread from 0, compared with FXCM's 0.4. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
FXCM has $50, while Global Prime requires at least $200. This makes FXCM more accessible for traders looking to start with a smaller crypto investment.
Both FXCM and Global Prime hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXCM requires a lower minimum deposit ($50), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXCM offers up to 2:1 on perpetual or margin products, versus Global Prime's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Global Prime charges $7 per trade on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while Global Prime supports cTrader, MetaTrader 4. Both provide MetaTrader 4. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader. Global Prime has exclusive access to cTrader.
Global Prime scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
