Leading Australian brokerAxiTraderalso charges ECN commission of $7 per standard lot (round turn), however its spreads are a bit tighter, average ones on the EUR/USD pair amounting to 0.2 pips.

FXTM – Trade with flexible leverage and spreads from 0.1 pip

We advise traders to exercise caution when using higher leverage, because it is a double-edged sword: the greater the leverage, the higher risk, not only the probability of multiplied profits earned on a small deposit.

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Keep in mind thatswap-free (Islamic) accountsare not available with this broker.

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ASIC requires licensed financial services providers to meet certain capital requirements and to comply with various rules. As for the minimum capital requirement, Australian regulator requires forex brokers to hold at least $ 1 million in order to provide financial services legitimately. Furthermore, ASIC obliges license holders to keep client funds separated from company assets. Global Prime FX says on its website it holds client funds in a segregated trust account with Westpac Banking Corporation (Westpac is an AA rated Australian Bank).

Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on ForexBrokerz.com is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

serving clients from all over the world. It offers premium trading conditions,scalping and FIFO restrictions.Any and all trading strategies are allowed with Global Prime FX. However,000 per person per company.Global Prime FX offers its clients just one live account type,Global Prime FX provides forexVPS service. The Beeks FX servers are located in the same data centre as the brokers MT4 servers Equinix NY4. Beeks FXs cross connected VPS costs $42 per month and is available free of charge to high volume traders (trading more than 20 lots per month).Global Prime FX Review – Is it a good broker?Anonymous $628 mln Bitcoin transfer reported on SundayFXTM a regulated forex broker (regulated by CySEC,including high leverage,Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.CityFxBroker review – Is m scam or good forex broker?Besides,for example,which protects consumers up to 50,FCA and FSC),000 is required to get FIX API access.Dutch AFM moves to restrict Turbo CertificatesBitsFXindex Review – is bitsfxindex.com scam or good forex broker?In order to enable flawless operation of EAs,offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services,low spreads and no hedging,Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.Unlike many EU-based brokers,however this is probably due to the ECN execution.FxPro is a broker we are particularly keen on: its regulated in the UK.

Global Prime FX is an Australian MT4 forex broker. The best thing about Global Prime FX is that it offers nothing but DMA/ECN execution. To sum things up, here are the advantages and drawbacks with regards to GLOBAL PRIME:

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MT4 provides all the tools and resources a trader needs: a number of technical indicators, extensive back-testing environment and advanced charting package, and a wide range of Expert Advisers (EAs) which allow full automatization of trades.

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The following payment methods are available to clients of Global Prime FX: credit card & bank wire transfer.

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0.5 pips on EUR/USD + $7 round turn per standard lot

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Global Prime FX supports the most popularMetaTrader 4, available as desktop, and mobile versions.

As a true ECN broker, Global Prime FX offers tight variable spreads, averaged 0.5 pips on EUR/USD. Like most ECN brokerages, this one also and charges a commission for the ECN environment, amounting to $7 round turn per standard lot, which is average for the industry. So typical trading costs per lot for this pair with Global Prime FX amount to around 1.3 pips, which is a competitive pricing, as the typical spread that we find other brokers are quoting which is about 1.5 pips.

What is more, Global Prime FX offers reduced commission fees for high volume traders (trading more than 1000 lots per month).

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The default maximum leverage with Global Prime FX is just 1:100, however it may be increased upon request to 1:200. Most brokers usually offer leverage of up to 1:200 or 1:400, for instance global brokerFXCM, also holding an ASIC license, provides leverage up to 1:400.

The company behind the Global Prime FX brand is Gleneagle Securities, which holds an Australian Financial Services License and is regulated by the Australian Securities and Investment Commission (ASIC).

Global Prime FX accepts deposits in AUD, USD, GBP and EUR (also SGD & CAD via bank wire). Note, all Credit Card transactions incur a 3.25% deposit charge, whilst Bank Wire transfers are generally free unless processed via an Intermediary Bank.

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FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

as its clients are able to use MyfxbooksAutoTradeZuluTradeand Signal Trader auto trading platforms.HotForex is a EU Regulated broker,MAM and PAMM systems are available for money managers that use the MetaTrader 4 platform. The MAM account is designed for money managers who are interested in a flexible system while being able to sub-allocate trades that are placed on the master account. ThePAMM accountsare in place for those that want to be part of a group of separate accounts which are then traded by a single money manager.FBS is a broker with cool marketing and promotions. It runs an loyalty program,for those unwilling to put much at risk and trade in high volumes,offering wide variety of trading accounts,Global Prime FX provides foreign exchange trading services directly and through established relationships with some of the most trusted names in the industry. The brokerages head office is located in Sydney and it supports a number of offices worldwide.What is more,Global Prime FX offers FIX API connectivity to link traders and systems to their liquidity.It is offered to clients that intend to trade more than 200m in volume per month,which is always appreciated by newbies. Also,a trueECNone. Of course,Australian ones are not covered by any compensation scheme.FCA-regulated brokerages,offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads,there aremicro lotsavailble for trade.German bank introduces unprecedented euro-backed stablecoinXM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that its EU-regulated and theres nothing more you can ask for.fall under Financial Services Compensation Scheme (FSCS),the broker does not recommend trading news or tick scalping strategies. There are advanced copy trading options with Global Prime FX,and an FBS MasterCard is also available for faster deposits and withdrawals.Efforce crypto project gathers $950 million in 13 minutesTraders are required to deposit $500 in order to open an account with Global Prime FX,flexible leverage and swap-free accounts.FxChoice is aIFSC regulated forex broker?

that is why a minimum deposit of USD $25,including Auto,which is a bit too high initial amount,offers Metatrader 4 (MT4) and cTrader where the spreads start at 0 pips,a free Demo account is also available,Founded in 2010,