Forex.com vs Global Prime Forex Broker Comparison
A head-to-head comparison of Forex.com and Global Prime across regulation, trading costs, platforms, and editorial scoring.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
VS
Score 4.2 / 5
2 bonusesASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.
Our Verdict
Too close to call
Forex.com and Global Prime are extremely closely matched with scores of 4.2/5 and 4.2/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Global Prime offers tighter spreads from 0 pips vs 1 pips for Forex.com, reducing trading costs.
Best for safety & regulation
Recommended
Forex.com has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
Global Prime has a cost edge: tighter spreads from 0 pips.
Best for platform choice
Recommended
Forex.com offers more exclusive platform options: MetaTrader 5, Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
Both brokers share the same editorial score of 4.2/5, but Forex.com requires a lower minimum deposit ($100 vs $200 for Global Prime), making it more accessible for new traders.
Forex.com vs Global Prime: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Fees & Spreads 30% weight | 4.2 / 5 | 4.6 / 5▲ |
Platforms & Tools 20% weight | 4.1 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
| Founded | 1999 | 2010 |
| Headquarters | Bedminster, New Jersey, USA | Sydney, Australia |
| Min deposit | $100 | $200 |
| Spreads from | 1 pips | 0 pips |
| Commission / lot | $7/lot | $7/lot |
| Max leverage | 50:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CFTC MAS NFA IIROC | ASIC VFSC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 cTrader |
| Active bonuses | ||
| Visit broker | Visit Forex.com | Visit Global Prime |
Forex.com vs Global Prime Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
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
Forex.com vs Global Prime: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Forex.com
criteria wins
1
Global Prime
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | 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 | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
Forex.com vs Global Prime: Frequently Asked Questions
Forex.com and Global Prime share the same editorial score of 4.2/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
Global Prime offers tighter spreads starting from 0 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Forex.com has a lower minimum deposit of $100, while Global Prime requires at least $200. This makes Forex.com more accessible for traders with limited starting capital.
Both Forex.com and Global Prime hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Forex.com has a lower minimum deposit ($100), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Forex.com offers maximum leverage of 50:1, while Global Prime offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both Forex.com and Global Prime charge the same commission of $7 per lot on applicable accounts.
Forex.com supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Global Prime offers MetaTrader 4, cTrader; both support MetaTrader 4; Forex.com exclusively offers MetaTrader 5, Proprietary Web/Mobile; Global Prime exclusively offers cTrader.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4.2 / 5
Score 4.2 / 5
More Broker Comparisons
More Forex.com comparisons
Personalised recommendation
Not sure which broker is right for you?
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