Global Prime
On the desk for one reason: single-entity structure. 2 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, 1 of them with a top-tier regulator.
On the wire
2 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
- 01register entry
ASIC entry AFSL 385620 for FMGP Trading Group Pty Ltd (ABN 74 146 086 017)
Source: globalprime.com
- 02register entry
VFSC entry 40256 for Gleneagle Securities Pty Limited, trading as Global Prime FX (company number 40256)
Source: globalprime.com
Entity by entity
2 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| ASIC | Australia | FMGP Trading Group Pty Ltd (ABN 74 146 086 017) | AFSL 385620 | T1 | globalprime.com |
| VFSC | Vanuatu | Gleneagle Securities Pty Limited, trading as Global Prime FX (company number 40256) | 40256 | T3 | globalprime.com |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | $0 |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | 1:30 (ASIC retail); higher leverage on the Vanuatu entity |
| Platforms | MT4 · MT5 · cTrader · TradingView |
| Account books | Standard · Raw |
What the record says
Global Prime is a trading name of FMGP Trading Group Pty Ltd, which holds Australian Financial Services Licence 385620 and gives its address as Level 10, 627 Chapel St, South Yarra, Melbourne.
A separate Vanuatu entity, Gleneagle Securities Pty Limited trading as Global Prime FX, is a registered Vanuatu company (number 40256) regulated by the VFSC.
Global Prime's site states it cannot accept clients from a list of jurisdictions including New Zealand, Japan, Ontario and the United States.
The broker markets raw-spread pricing from 0.0 pips with a commission and advertises no minimum deposit.
Global Prime is known for publishing trade-receipt-style execution evidence to clients; the mechanics of that feature were not verified for this record.
Not verified
9 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- segregatedFunds
- negativeBalanceProtection
- publiclyListed
- spreadEurusd (advertised 'from' figure on the Raw account, not an independently measured average)
- minDeposit (advertised $0 on the broker's Australian site)
- founded (2010 from secondary sources)
- platform list not confirmed from a single primary page
- typical EUR/USD spread (source only gave an advertised 'from 0.0' raw-account figure)
- negative balance protection
Other open files
The whole deskThis file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.