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Global Prime vs Oanda : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Global Prime
Oanda
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker broker
Market maker
Years of Existence / Established Year
2010
1996
Customer Base / Number of Accounts
No information
50M
Regulation & Security
Regulations (governing bodies)
ASIC and VFSC
CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI
Awards Won (count for the last 2 years)
No major awards listed
Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022
Security Measures
No compensation scheme
SIPC
SSL Encryption / 2FA
No
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
150+ Financial assets
68+ major currency pairs
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
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
No
Oanda Mobile and Tablet apps
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard and Raw account
Standard account Corporate account Professional trading account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$0
Leverage Available
1:5 to 1:500
50:1
Trade Limit (maximum per trade)
1000 lots
Varies by instrument
Commission (per account type)
Standard: $0, Raw account: $3.5 per lot
Standard - $50/M Premium - $50/M Premium Plus - $40/M
Best Suited For (e.g., beginners, experienced traders)
Beginner traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets
Bank Wire Transfer ACH Debit card
Withdrawal Methods
Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets
Debit card Bank Wire transfer
Other E-Wallets Supported
PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money
No
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
Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators
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 starts from 0.0, commission- $30 per 1M
Spread (typical, fixed, variable)
Variable
Typical
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
NA
Maximum Leverage
1:500
50:1
Non-Trading Fees
Dormant Fees
$0
10 units of the currency for inactivity atleast 12 months.
Subscription Fees (for premium features, data feeds)
$0
$0
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
Vary on instruments and change on a daily basis
Statement or Document Fee
NA
$0
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
$0
Deposit Fee
$0
$0
Currency Conversion Fee
$20-$30
0.50%
Withdrawal Fee
International bank transfer: $20-$30
USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
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
All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24x5
Customer Support Methods (phone, email, live chat)
Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat
Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607
Support Languages
14+
4
Additional Information
Headquarters Location
FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia
Dashwood House 64, Old Broad Street London EC2M 1QS
Complaints (for crypto brokers)
No
No
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