Global Primevs
XMForex Broker Comparison
Global Prime and XM stand apart on cost structures and instrument breadth. This clash tests whether tighter spreads or broader markets better serve trading aims.
Our Verdict
Too close to call0.1 pts apart
Global Prime and XM are closely matched, with instrument variety representing the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Global Prime offers raw spreads; XM has no raw spread option.
- 2Global Prime offers 150 instruments; XM offers 1400.
- 3XM provides multilingual support; Global Prime does not.
Who should choose Global Prime vs XM?
Find out which broker best suits your trader profile.
Choose Global Prime if…
Choose Global Prime if you want true NDD execution and raw spreads from 0 pips. You benefit from ASIC regulation and $7/lot round-turn commissions.
Choose XM if…
Choose XM if you want MT4 and MT5 access with a $5 minimum deposit. You also gain investor compensation, 24/5 live chat, and multilingual support.
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 0.00 pips vs 0.60 pips for XM, reducing trading costs.
Best for safety & regulation
Recommended
Global Prime vs XM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.3 / 5 |
Global Prime vs XM Forex Broker Pros & Cons
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
Global Prime vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Global Prime
criteria wins
4
XM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Global Prime | XM |
|---|---|---|
| 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) | 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 | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
Global Prime vs XM: Frequently Asked Questions
The scores are close: Global Prime rates 4.2/5 and XM rates 4.3/5. XM 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.
Global Prime starts from 0 pips, tighter than XM's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
XM has $5, while Global Prime requires at least $200. This makes XM more accessible for traders with limited starting capital.
Both Global Prime and XM 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: XM requires a lower minimum deposit ($5), 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 XM lists up to 1000:1. 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 XM are not currently available. Check their website for up-to-date pricing.
Global Prime supports cTrader, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Global Prime has exclusive access to cTrader. XM has exclusive access to MetaTrader 5.
