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FP Markets vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
FP Markets
Global Prime
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
Market maker broker
Years of Existence / Established Year
2005
2010
Customer Base / Number of Accounts
No information
No information
Regulation & Security
Regulations (governing bodies)
ASIC, CySEC, FSCA, FSA, SVG
ASIC and VFSC
Awards Won (count for the last 2 years)
Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.
No major awards listed
Security Measures
No
No compensation scheme
SSL Encryption / 2FA
Yes
No
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10,000+ trading instruments
150+ Financial assets
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
No
Stocks
No
No
Options
No
No
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
No
cTrader
Yes
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
No
No
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account
Standard and Raw account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$100
$0
Leverage Available
500:1
1:5 to 1:500
Trade Limit (maximum per trade)
Depends on the asset type
1000 lots
Commission (per account type)
$3
Standard: $0, Raw account: $3.5 per lot
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginner traders
Deposit & Withdrawal Options
Deposit Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets
Withdrawal Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets
Other E-Wallets Supported
Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer
PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary
Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis
Fees & Commissions
Trading-Related Fees
Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread
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
$2
$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
500:1
1:500
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
$0
$0
Advisory Fees
$70
NA
Swap Fees (Overnight Financing)
Long- $5.79, short- $2.59
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
$0
NA
Account Maintenance Fee
$0
NA
Deposit Fee
$0
$0
Currency Conversion Fee
Starts from 0.06 to 0.30 %
$20-$30
Withdrawal Fee
Upto $50
International bank transfer: $20-$30
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/7
Customer Support Methods (phone, email, live chat)
Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat
Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat
Support Languages
12+
14+
Additional Information
Headquarters Location
Sydney,Australia
FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia
Complaints (for crypto brokers)
No
No
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