FBS and Global Prime compete on cost, platforms, and regulation. The tension between accessibility and regulatory strength drives the read.
Global Prime edges ahead due to ASIC regulation and documented execution quality. FBS remains attractive for ultra-low deposits and offshore IFSC Belize licensing limits investor protection.
Find out which broker best suits your trader profile.
Choose FBS if…
Choose FBS if you want a $1 minimum deposit and MT4/MT5 on all account types.
Choose Global Prime if…
Choose Global Prime if you value true raw spreads from 0.0 pips with $7 per lot commission and ASIC-regulated oversight.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 4.5 / 5▲ |
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FBS | Global Prime |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | 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: FBS rates 3.9/5 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 FBS and Global Prime start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
FBS has $1, while Global Prime requires at least $200. This makes FBS more accessible for traders with limited starting capital.
Global Prime holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: FBS requires a lower minimum deposit ($1), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FBS lists maximum leverage of 3000:1, 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.
Global Prime charges $7 per lot, lower than FBS's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
FBS supports MetaTrader 5, MetaTrader 4, while Global Prime supports cTrader, MetaTrader 4. Both provide MetaTrader 4. FBS has exclusive access to MetaTrader 5. Global Prime has exclusive access to cTrader.
Global Prime is regulated by ASIC, providing stronger regulatory framing.
Global Prime suits active traders with true NDD execution and raw spreads.
Global Prime is better suited for scalpers: lower commission ($7/lot).
Global Prime provides MT4 and cTrader for platform diversity.
FBS offers more instruments, 550 compared with Global Prime.
Fees & Spreads 30% weight | 4.0 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2009 | 2010 |
|---|
| Headquarters | Belize City, Belize | Sydney, Australia |
|---|
| Min Deposit | $1▼ lower | $200 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $20/lot | $7/lot▼ lower |
|---|
| 2 pips | 0.7 pips▼ lower |
| Max Leverage | 3,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayPerfect Money | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayPerfect Money | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA CySEC IFSC | ASIC VFSC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
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
Primary entity uses IFSC Belize, offshore, limited investor protection
Bonus turnover requirements are onerous
Very high leverage (3000:1) is a significant risk factor for retail clients
No top-tier regulatory licence
No investor compensation scheme
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
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker