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

Broker Name

Global Prime

Global Prime

VS
Pepperstone

Pepperstone

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Broker Overview

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

Market maker broker

ECN broker

Years of Existence / Established Year

2010

2010

Customer Base / Number of Accounts

No information

400,000 traders


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Regulation & Security

Regulations (governing bodies)

ASIC and VFSC

FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB

Awards Won (count for the last 2 years)

No major awards listed

2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023

Security Measures

No compensation scheme

FSCS

SSL Encryption / 2FA

No

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150+ Financial assets

1200+ trading assets including shares, currencies indices

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

No

No

Options

No

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

Yes

cTrader

No

Yes

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

No

Pepperstone proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Standard and Raw account

Standard and Razor account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

1:5 to 1:500

1:20 to 1:500

Trade Limit (maximum per trade)

1000 lots

100 lots trading size

Commission (per account type)

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

Razor account - $3, Standard account -$0

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

Beginner traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

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

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Withdrawal Methods

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

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Other E-Wallets Supported

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

Neteller,skrill, PayPal


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

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

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights


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Fees & Commissions

Trading-Related Fees

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-1.2 pips

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

$3.50

Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$0

1 pip on FX pairs

Guaranteed Stop Loss Fees

NA

Charges apply

Maximum Leverage

1:500

1:500


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

$0

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$20-$30

Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78

Withdrawal Fee

International bank transfer: $20-$30

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

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

VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +1786 628 1209, Email: [email protected], Live chat

Support Languages

14+

8+


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Additional Information

Headquarters Location

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

Melbourne, 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.
Global Prime stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Pepperstone offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Global Prime gets you trading faster thanks to its minimal entry barriers. In comparison, Pepperstone account setup is slower but includes extra layers of financial screening and suitability assessments.
Global Prime platform is great for fast-paced day trading, especially with features like one-click trading. Pepperstone platform, by comparison, is built for strategy testing and long-term portfolio management.
Global Prime strength lies in high-performance trading, while Pepperstone provides a more accessible route for everyday investors.