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

Broker Name

Global Prime

Global Prime

VS
IG

IG

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Broker Overview

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

Market maker broker

ECN

Years of Existence / Established Year

2010

1974

Customer Base / Number of Accounts

No information

313,000 customers


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Regulation & Security

Regulations (governing bodies)

ASIC and VFSC

NFA CFTC FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

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

17,000 + markets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

No

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

No

ProReal Time APIs L2 dealer

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

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$50

Leverage Available

1:5 to 1:500

200:1

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

Starting from 0.1

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

Beginner traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

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

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

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

Card Bank transfer

Other E-Wallets Supported

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

No


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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

Trade analytics tools Seminars & webinars


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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

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

$3.50

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$0

NA

Guaranteed Stop Loss Fees

NA

Vary for each asset

Maximum Leverage

1:500

200:1


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Non-Trading Fees

Dormant Fees

$0

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

$0

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

$50

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

Free for Wire & check deposits

Currency Conversion Fee

$20-$30

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

International bank transfer: $20-$30

Wire transfer - $25


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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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

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges


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Customer Support

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

24/7

24x5 support

Customer Support Methods (phone, email, live chat)

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

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

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

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

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 Global Prime and IG offer affordable fee structures, but Global Prime generally edges out with no inactivity fees and lower commissions on standard trades, whereas IG shines with bundled research and platform access.
Global Prime gets you trading faster thanks to its minimal entry barriers. In comparison, IG account setup is slower but includes extra layers of financial screening and suitability assessments.
While Global Prime focuses on mobile-first design and clean user experience, IG includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Global Prime is geared toward frequent trading and analytics, while IG fits those who value simplicity and guided experiences.