Two brokers compete on regulation, cost, and platform reach. The showdown contrasts transparent execution and NDD pricing with a zero-spread model and established history.
Global Prime leads on regulation and execution transparency, while Libertex leverages history, compensation, and a proprietary platform.
Find out which broker best suits your trader profile.
Choose Global Prime if…
Choose Global Prime if you value ASIC regulation with transparent execution reports and no inactivity fee.
Choose Libertex if…
Choose Libertex if you value investor compensation with CySEC oversight and a proprietary trading platform.
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 | 4.2/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.8 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Global Prime | Libertex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Global Prime rates 4.2/5 and Libertex rates 3.9/5. 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 Global Prime and Libertex start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Libertex has $10, while Global Prime requires at least $200. This makes Libertex more accessible for traders with limited starting capital.
Global Prime holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Libertex 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: Libertex 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.
Global Prime lists maximum leverage of 500:1, while Libertex lists up to 999:1. 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 Libertex are not currently available. Check their website for up-to-date pricing.
Global Prime supports cTrader, MetaTrader 4, while Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Global Prime has exclusive access to cTrader. Libertex has exclusive access to MetaTrader 5 and Proprietary Web/Mobile.
Global Prime wins for safety & regulation due to ASIC licensing and transparent execution reports.
Global Prime is best for active traders with raw spreads and true NDD execution.
Global Prime is better suited for scalpers: raw/ECN spreads available.
Libertex wins platform choice with MT4, MT5 and a proprietary platform.
Libertex offers broader instrument coverage with 250 tradable assets.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2010 | 1997 |
|---|
| Headquarters | Sydney, Australia | Limassol, Cyprus |
|---|
| Min Deposit | $200 | $10▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1 | 999:1▲ higher |
|---|
| Inactivity Fee | None | $5/month (after 180 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrill | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | CySEC |
|---|
| Platforms | cTrader MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Pros
Very low $10 minimum deposit
Zero spread commission model, transparent cost per trade
Long operational history since 1997
MT4, MT5, and proprietary Libertex platform
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
24/5 live chat support
Phone support available
Multilingual customer support
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
Cons
Only CySEC regulated, limited jurisdiction coverage
Commission multiplier model can be confusing for new traders
Not available in many major English-speaking markets
No top-tier regulatory licence
No raw spread account option
Inactivity fee applies
Limited charting capabilities
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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