FP Marketsvs
Global PrimeForex Broker Comparison
Two regulated forex brokers square off on pricing transparency, platform breadth, and investor protections. The clash highlights how raw spreads, platform options, and regulatory coverage shape trader choice.
Our Verdict
FP Markets winsby 0.3 pts
FP Markets edges Global Prime on the editorial score and offers a broader platform set including IRESS for share CFDs.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets provides IRESS direct-access share CFDs.
- 2FP offers TradingView in addition to MT4 MT5 and cTrader.
- 3Global Prime has no investor compensation scheme.
Who should choose FP Markets vs Global Prime?
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets for IRESS direct-access share CFDs and a broad platform lineup.
Choose Global Prime if…
Choose Global Prime for true NDD execution with published quarterly reports and raw spreads from 0 pips.
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
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
FP Markets vs Global Prime: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.5 / 5 |
FP Markets vs Global Prime Forex Broker Pros & Cons
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
FP Markets vs Global Prime: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
FP Markets
criteria wins
0
Global Prime
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
FP Markets vs Global Prime: Frequently Asked Questions
The scores are close: FP Markets rates 4.5/5 and Global Prime rates 4.2/5. FP Markets 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 FP Markets and Global Prime start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
FP Markets has $100, while Global Prime requires at least $200. This makes FP Markets more accessible for traders with limited starting capital.
Both FP Markets 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: FP Markets requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 500:1, 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.
FP Markets charges $6 per lot, lower than Global Prime's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while Global Prime supports cTrader, MetaTrader 4. Both provide cTrader and MetaTrader 4. FP Markets has exclusive access to IRESS and MetaTrader 5 and TradingView.
