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

Broker Name

Global Prime

Venom Trading

Broker Overview

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

Market maker broker

ECN

Years of Existence / Established Year

2010

2004

Customer Base / Number of Accounts

No information

Info not available

Regulation & Security

Regulations (governing bodies)

ASIC and VFSC

FINRA NFA SIPC

Awards Won (count for the last 2 years)

No major awards listed

Best in class for professional trading by stockbrokers.com

Security Measures

No compensation scheme

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150+ Financial assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Copy Trading

Other Trading Platforms (proprietary, etc.)

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes except Mac

Account Types & Conditions

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

Standard and Raw account

Individual account IRA account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$5,000

Leverage Available

1:5 to 1:500

1:4

Trade Limit (maximum per trade)

1000 lots

Trade size vary on each asset

Commission (per account type)

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

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

Beginner traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

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

Wire transfer ACH transfer Online bill pay

Withdrawal Methods

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

ACATS DWAC DRS

Other E-Wallets Supported

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

Tools & Educational Resources

Economic Calendar

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

Short videos & courses Recorded webinars

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

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

$3.50

Options Contract Fees

$0.75 per contract

Futures Contract Fees

$1.25 per contract per side

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:500

1:4

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

IRA - $7.5 quarterly fee

Deposit Fee

Currency Conversion Fee

$20-$30

Vary for different exchanges

Withdrawal Fee

International bank transfer: $20-$30

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

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

Monday to Friday - 7am to 4.30pm CST

Customer Support

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

24/7

24/5 weekday customer service

Customer Support Methods (phone, email, live chat)

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

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Support Languages

14+

Additional Information

Headquarters Location

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

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

Complaints (for crypto brokers)

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, Venom Trading offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.

Global Prime uses a digital-first onboarding approach with clear instructions and fast ID verification. Venom Trading goes a step further with manual checks and optional account tiers, ideal for serious professionals.

The trading interface of Global Prime is known for its speed and ease-of-use, while Venom Trading shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.

Global Prime strength lies in high-performance trading, while Venom Trading provides a more accessible route for everyday investors.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Global Prime and EC Markets

Compare Global Prime and Qtrade

Compare Global Prime And Lightyear

Compare Venom Trading and Tickmill

Compare Venom Trading and AvaTrade

Compare Venom Trading and FP Markets

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare