Global Prime Review

Global Prime is a leading online broker that offers trading services in over 40 tradable instruments across several asset classes, including commodities, cryptocurrency, forex, stocks, indices, metals, energies, and much more. Established in 2010, Global Prime now has clients in over 120 countries, with an average monthly trading volume of 30+ billion. The broker is known for its high-speed execution, tight spreads that start from 0 pips, and a customer-friendly support team that is available round the clock. Global Prime is also strictly regulated by a tier-1 financial authority.

Markets

Global Prime offers a wide range of trading instruments, including Forex, Indices, Commodities, Shares, and Bonds.

Platforms

Global Prime provides its clients with the widely acclaimed MetaTrader 4 trading platform, which is available as desktop applications, web terminals, and mobile apps for iOS and Android devices. The platform has a user-friendly interface with advanced charting and automation features that allow for customizable trading systems. Global Prime also provides FIX API institutional trading platforms.

TradingView

The TradingView and TraderEvolution platforms are combined to provide you with one of the most powerful bundles on the market today. You can handle your orders on any platform since the two platforms communicate with one another. You can have an institutional-style trading setup with three prime brokers and 26 liquidity providers. This means you’ll receive razor-sharp pricing and prompt execution on your trades. Besides this, you’ll be able to verify the performance with trade receipts that shows the bank that filled your trade, as well as execution speed, slippage, and other metrics. TradingView is the most widely used trading platform and social network for traders globally. It has a reputation for providing the best-looking charts with the greatest functionality, features, and customization.

TradingView allows you to keep track of your favorite assets, uncover trading ideas, and communicate with other traders. TradingView is one of the most well-known charting and trading platforms, with an innovative and user-friendly interface that enables high-level charting capabilities.

MetaTrader 4

With cheap fees, worldwide market access, and no restrictions, Global Prime provides an expert advisor as well as an HFT and scalper-friendly environment. You may trade in an institutional-style environment with the help of three prime brokers and more than 26 liquidity providers. This means you’ll receive razor-sharp pricing and excellent execution on your trades. For forex traders, MT4 is by far the most popular trading platform. You may make it as basic or as complicated as you wish. It appeals to both ‘clicker’ style manual traders and sophisticated automatic traders because of this. You can access it from a desktop, a web browser, a phone, a tablet, or a Mac. You can create profiles and templates using your bespoke indicators and trading systems from the MQL5 shop or tailor your trading experience with complete control of your charts. Before you backtest and optimize your strategies, you may create your systems or purchase them from the MQL5 shop.

TraderEvolution

TraderEvolution is a next-generation multi-asset trading platform for serious traders who need sophisticated order entry, analysis, and trading features. With cheap fees, worldwide market access, and no restrictions, experience TraderEvolution the way it was intended to be. You may take advantage of automated trading, HFT, and scalper-friendly features. You may trade in an institutional-style environment with the help of three prime brokers and more than 26 liquidity providers. This means you’ll receive razor-sharp pricing and excellent execution on your trades. Trade receipts, which reveal the bank that filled your trade, execution speed, slippage, and other details, may be used to check performance.

Bars, Candles, Kagi, P&F, Renko, Cluster chart, Tick charts, and more chart styles are available with TradeEvolution. Periods ranging from a fraction of a second to years are supported. Traders have complete power over the design of their unique workspaces thanks to panel docking and linking. The market depth, matrix, super DOM, and scalper features of TraderEvolution assist traders in discovering the greatest opportunity and entry point. Hotkeys ensure that orders are executed quickly and that opportunities are never missed. Account growth, profit factors, trade population, and drawdowns are presented numerically and graphically.

Tools

Apart from the tools that come with the platforms, the broker also provides the following tools: MyFXBook AutoTrade, Virtual Private Server (VPS), FX PIP Calculator, and MAM/PAMM scheme. With MyFXBook AutoTrade, clients can copy other traders’ signals directly into their own trading accounts.

VPS

Every millisecond may make or break your trades when it comes to trading financial instruments. A VPS may help reduce latency and preserve platform connection if you’re utilizing Expert Advisors. It’s a fantastic choice for traders who want to run their EAs 24/7. Clients that trade more than 20 lots per month with Global Prime may be eligible for a free forex VPS.

Global Prime offers three VPS:

• NYC Servers
• ForexVPS
• Beeks

MyFxBook

With the social trade copying service, you may automate your trades by subscribing to and copying other trading systems right into your Global Prime trading account. Autotrade enables you to evaluate and contrast over 40 different trading systems and their performance. Compared to other social trading platforms, Myfxbook traders are ranked based on the lowest risk, biggest returns, and consistent growth. It provides one of the broadest choices of financial indicators and statistics.

ZuluTrade

Users of ZuluTrade may choose which traders to follow using the Performance Table, which rates traders based on a variety of performance metrics and input from ZuluTrade’s community. Users of ZuluTrade may then completely customize the trades that the traders launch based on their preferences and risk tolerance. The platform has several innovative features that allow customers to completely control their trades while also benefiting from the traders’ experience. Users may customize all trade parameters for any currency pair and any trader, pick their lot size, and have the number of trades, trading periods, and everything else they require managed automatically.

Here are some benefits of ZuluTrade:

• It covers several different factors to optimize profit
• Highly intelligent performance monitor
• Testing
• Social Charts and Community

Calculator

The FX Pip Calculator will compute the required position size. The Forex Profit Calculator is a tool that you may use to determine how much money and pips can be earned (or lost) in a trading position. To get this data, you must enter values into the trade calculator to simulate what would happen if you closed your position with a profit or loss. If the trader switches their trade direction, it may also be used to rapidly determine how much money and pips will be deducted from an account’s equity. This is called a stop loss hit. A trading calculator is a must-have to quickly examine your monetary risk.

FIX API

Many professional traders employ the FIX (Financial Information Exchange) protocol, allowing real-time communication between a customer, trader, investment fund, broker, and liquidity provider. The API provides customers with total control over data delivered and received without requiring intermediate applications. The FIX API is best suited to experienced traders who want the freedom to use whichever programming language they wish. When using FIX API, you have a high-speed connection to Global Prime’s trading servers. There is no need to use third-party tools such as MetaTrader 4, and latency may be as low as 1 millisecond.

Education

The broker helps their clients to improve their trading skills. There are educational materials in various formats, including articles, newsletters, videos, and guides, covering topics like trading psychology, chart analysis, and daily market insights. No matter what skill level do you have, the trading academy of Global Prime is for all. The seasoned trading mentors are available to aid you when you are facing issues to grab something. You can also discuss and chat about your trading skills to improve your knowledge with other traders. In the trading insight section, you can freely find out real financial market insights in a go. Different strategies are also discussed with true implications to polish your skills to the next level. A pro-level academy is there if you want to gain the experience of successful traders. You won’t have to go through different experimentation and bear a lot of financial loss to learn modern-day strategies.

Conclusion

Global Prime is an online broker that provides its clients with industry-standard trading experiences through the MT4 trading platform and FIX API. The broker offers good execution speed and competitive fees and provides a range of educational resources and 24/5 customer support services.