GLOBAL PRIME Review: Regulation, Licences & Platforms

Global Prime is a forex and CFD broker based in Australia, operating under the legal entity FMGP Trading Group Pty Ltd. Its services are available online at globalprime.com. The broker operates through multiple regulated entities across several jurisdictions.

Regulation & licensing

Global Prime holds authorisations from three regulators through distinct legal entities.

In Australia, the entity FMGP Trading Group Pty Ltd is regulated by the Australia Securities & Investment Commission (ASIC) under licence number 385620.

In Seychelles, the entity AfterPrime Ltd is regulated by The Seychelles Financial Services Authority (FSA) under licence number SD057.

In Vanuatu, the entity Gleneagle Securities Pty Limited is regulated by the Vanuatu Financial Services Commission (VFSC) under licence number 40256.

This multi-entity structure means the regulatory protections and legal counterparty applicable to a given client depend on the entity through which the account is opened.

Account types

Global Prime offers the following account types:

• Raw
• Standard

Each account type carries its own conditions, and prospective clients can review the specifics directly with the broker.

Readers are encouraged to verify a broker’s licence details directly with the named regulator before opening an account.