Two regulation oriented brokers meet in a clash of cost structures and platform choices. The axis of tension is whether tighter spreads or stronger oversight best serve traders.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want a $50 minimum deposit and ECN pricing on the Pro account. You also get MT4/MT5 access and CySEC regulation with client funds protected.
Choose if…
Choose Global Prime if you want 0.0 pip spreads with $7/lot commission and MT4 plus cTrader. You also benefit from ASIC regulation and true NDD execution with segregated funds.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.5 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | Global Prime |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
The scores are close: Errante rates 3.8/5 and Global Prime rates 4.2/5. Global Prime 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.
Both Errante and Global Prime start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Errante has $50, while Global Prime requires at least $200. This makes Errante more accessible for traders with limited starting capital.
Both Errante and Global Prime hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, while Global Prime lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot, lower than Global Prime's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Errante supports MetaTrader 4, MetaTrader 5, while Global Prime supports cTrader, MetaTrader 4. Both provide MetaTrader 4. Errante has exclusive access to MetaTrader 5. Global Prime has exclusive access to cTrader.
Both brokers offer spreads from 0.00 pips.
Errante wins for safety due to CySEC regulation and investor compensation scheme coverage.
Global Prime suits active traders with true NDD execution and high leverage.
Errante is better suited for scalpers: lower commission ($3/lot).
Global Prime offers MT4 and cTrader, expanding platform options.
Errante offers 200 instruments, more than Global Prime's 150.
Fees & Spreads 30% weight | 4.2 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2017 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | Sydney, Australia |
|---|
| Min Deposit | $50▼ lower | $200 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $3/lot▼ lower | $7/lot |
|---|
| 0.3 pips▼ lower | 0.7 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles | ASIC VFSC |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | cTrader MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
ASIC regulated with published quarterly execution quality reports
Raw spreads from 0.0 pips with $7 round-turn commission
True NDD execution, no internal position matching
MT4 and cTrader available
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Cons
$200 minimum deposit
Limited product range, forex and major CFD classes only
No proprietary platform or copy trading
No investor compensation scheme
No 24/5 live chat
No phone support
Support available in limited languages
Global Prime edges Errante on the editorial score. Its higher category scores in Trust & Regulation, Fees & Spreads, and Platforms & Tools drive the advantage.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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