Desk file · 2026 edition · record confidence: medium
Global Prime
We opened the file on Global Prime the way we open every file: register first, marketing never. Trading since 2010, run out of South Yarra, Melbourne, Australia, and carrying 2 licence entries on the public record, 1 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| ASIC | AFSL 385620 | Australia | T1 | FMGP Trading Group Pty Ltd (ABN 74 146 086 017) | globalprime.com |
| VFSC | 40256 | Vanuatu | T3 | Gleneagle Securities Pty Limited, trading as Global Prime FX (company number 40256) | globalprime.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- 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
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- 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
| Founded | 2010 |
| Head office | South Yarra, Melbourne, Australia |
| Minimum deposit | None |
| Leverage cap | 1:30 (ASIC retail); higher leverage on the Vanuatu entity |
| EUR/USD | not verified pips |
| Tier-1 entries | 1 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
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Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.