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Global Prime fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Global Prime, from the database.
Facts last checked . Read the full Global Prime review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips, Raw
- GBP/USD spread
- Approx. 0.3 pips, Raw
- Commission
- $3.50 per side / $7 round turn, USD Raw account
- All-in cost, EUR/USD
- Approx. 0.8 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight financing may be charged or credited
- Withdrawal fee
- None internally
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Global Prime lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Global Prime fees
What is the EUR/USD spread at Global Prime?
Global Prime records an average EUR/USD spread of approx. 0.1 pips, Raw on a variable pricing model.
Does Global Prime charge commission?
Global Prime's commission is $3.50 per side / $7 round turn, USD Raw account. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Global Prime charge to deposit or withdraw?
Withdrawal fees: None internally.
Fees at brokers under the same regulator
- Fusion Markets fees also licensed by ASIC
- MultiBank Group fees also licensed by ASIC
- TMGM fees also licensed by ASIC
- Blueberry Markets fees also licensed by ASIC
- Vantage fees also licensed by ASIC