FXTM and Global Prime deliver strong regulatory coverage and competitive pricing. The tension lies in platform features and execution approaches.
FXTM and Global Prime remain closely matched, with Global Prime offering advanced charting that FXTM lacks.
Find out which broker best suits your trader profile.
Choose FXTM if…
Choose FXTM if you want a $10 minimum deposit and access to FXTM Invest copy trading. You also get multilingual support in 20+ languages and 24/5 live chat.
Choose Global Prime if…
Choose Global Prime if you prioritise raw spreads from 0.0 pips and true NDD execution with a $7 round-turn commission. You also access MT4 and cTrader and ASIC regulation.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Global Prime offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
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 | FXTM | 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 |
FXTM and Global Prime share the same editorial score of 4.2/5. One concrete differentiator: FXTM requires a lower minimum deposit.
Global Prime starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while Global Prime requires at least $200. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM lists maximum leverage of 1000:1, 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 on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
FXTM supports MetaTrader 5, MetaTrader 4, while Global Prime supports cTrader, MetaTrader 4. Both provide MetaTrader 4. FXTM has exclusive access to MetaTrader 5. Global Prime has exclusive access to cTrader.
FXTM wins for safety and regulation, supported by FCA and CySEC oversight and segregated funds.
Global Prime is best for active traders due to raw spreads and true NDD execution.
Global Prime is better suited for scalpers: tighter spreads from 0.00 pips.
Global Prime wins platform choice with MT4 and cTrader.
FXTM is best for beginners with a low $10 deposit and strong education.
Fees & Spreads 30% weight | 3.9 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.1 / 5 |
|---|
| Founded | 2011 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | Sydney, Australia |
|---|
| Min Deposit | $10▼ lower | $200 |
|---|
| Spreads From | 1.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 0.7 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC FSC | ASIC VFSC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
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
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
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 4.2 / 5
Score 4.2 / 5
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