TradingCritique

Select Your Brokers to Compare

FXCM vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FXCM

FXCM

VS
Global Prime

Global Prime

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker broker

Years of Existence / Established Year

1999

2010

Customer Base / Number of Accounts

No information

No information


Icon

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSCA, ISA

ASIC and VFSC

Awards Won (count for the last 2 years)

Best In Class 2024 - ForexBrokers.com

No major awards listed

Security Measures

FSCS

No compensation scheme

SSL Encryption / 2FA

Yes

No

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments shares

150+ Financial assets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

No

Stocks

No

No

Options

No

No

Futures

No

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

Trading station, Trading View Pro

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, Active trading, Spread betting, Professional

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$50

$0

Leverage Available

30:1 to 1000:1

1:5 to 1:500

Trade Limit (maximum per trade)

50 million per trade

1000 lots

Commission (per account type)

$ 4 / lot

Standard: $0, Raw account: $3.5 per lot

Best Suited For (e.g., beginners, experienced traders)

Active and experienced traders

Beginner traders


Icon

Deposit & Withdrawal Options

Deposit Methods

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Education, Trading Guides, Trading Tools, Research

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


Icon

Fees & Commissions

Trading-Related Fees

Spread- 1.3 pips

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

Typical

Variable

Per Lot Fees

NA

$3.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1000:1

1:500


Icon

Non-Trading Fees

Dormant Fees

$50

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

$30

NA

Swap Fees (Overnight Financing)

No

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$25

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$0

$20-$30

Withdrawal Fee

$0

International bank transfer: $20-$30


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by product

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24/7

Customer Support Methods (phone, email, live chat)

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

7

14+


Icon

Additional Information

Headquarters Location

London, United Kingdom

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both FXCM and Global Prime offer affordable fee structures, but FXCM generally edges out with no inactivity fees and lower commissions on standard trades, whereas Global Prime shines with bundled research and platform access.
FXCM uses a digital-first onboarding approach with clear instructions and fast ID verification. Global Prime goes a step further with manual checks and optional account tiers, ideal for serious professionals.
FXCM platform is great for fast-paced day trading, especially with features like one-click trading. Global Prime platform, by comparison, is built for strategy testing and long-term portfolio management.
FXCM caters to serious traders who value advanced features, whereas Global Prime appeals to beginners due to its user-friendly platform.