Global Prime is an online or internet representation of Global Prime Pty Limited bearing an AFS license. AFS is an abbreviation for Australian Financial Servicesand it is a section of a financial regulatory body called Australian Securities and Investments Commission. This forex body is responsible for overseeing the functioning financial businesses in the Australian market. The body in particular monitors forex brokers. The company is based in Australia and offers its brokerage services online from its headquarters in Sydney, Australia. It is for this australia that Global Prime is regulated by the ASIC. While located in Australia it still offers its services across the world. As a rule of thumb, we always advise that traders choose a forex broker that is strictly regulated especially in a country where the trader resides. In this respect, Global Prime is a good choice for any broker. Global Prime has stated that part of its goal is to global traders with the best possible trading experience. Plus, the company has a demo account which gives traders a feel for how the broker and the platform works. One of the things worth noting about Global Prime is the fact that they have taken up an approach which ensures that they cater to traders of all types. Having one real money account prime that anyone who is ready to trade does not get lost in australia the ambiguity associated with multiple accounts. Also, before depositing real money its possible to use the demo account for free. People who are new to the world of trading will find that the demo account is an excellent way to get accustomed with the platform. More experienced traders will use the demo prime to prime out new forex strategies. Trading accounts with Global Prime can be opened in SGD, AUD, GBP, EUR, CAD, and USD. Traders can also choose how to pay a commission. They can either pay it separately or decide to have it as part of their spread. Even though Global Prime primarily targets Australia, it still accepts international traders. Though the company will require things like proof of address and identification documents. Unfortunately, residents of Japan, North Korea, and the USA cannot open an account. Global Prime unlike other brokers does not offer an Islamic trading account and does australia comply with Sharia law. Payments can be processed in various ways i. Since Global Prime is an ECN broker, the broker offers variable yet tight spreads which average at around 0. Again this is the industry average. Typical trading costs when using Global Prime is 1. Global Prime supports MetaTrader 4, which is by far forex most popular trading platform available for desktop australia smartphones. MetaTrader 4 has all the tools needed for any trader to execute trades while keeping an eye out for technical indicators, studying charts and a great backtesting platform. Traders can also incorporate Expert Advisers which helps them automate trading. Global Prime also provides VPS services to allow Eas to operate forex. Beeks FX servers are interestingly located in the very same data prime as the MT4 servers for the broker. It is an excellent feature australia clients who trade more than m a month. Global Prime allows the use of almost all types of trading strategies. However, advanced copy trading can be used with Global Prime FX. We can safely say that Global Prime FX is one of the best Australian MT4 forex brokers. Below is a summary of the pros and cons of using Global Prime FX. Your email address will not be published. Binary Option Auto Trading. Subscribe to our email list and get a chance to win a luxury trip to Maldives! The prize will be drawn among all the subscribers in the beginning of The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed global deposits and capital is forex risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level australia experience, and risk appetite. In accordance with FTC guidelines, 7BinaryOptions. By using this website global agree with the limitations and exclusions of liability set out in this disclaimer and the separate disclaimer page. If you do not agree with them, you must not use this website. Guide Brokers Binary Option Robot Signals Strategies Education Prime Trading News and Articles. Global Prime No Comments. Page Contents Why Choose Global Prime as Your Broker? Trading and account conditions Initial Deposit Average Spreads and Commissions Trading Platforms Supported Modes of Payment Conclusion John Miller Related content: Forex only offer ECN execution Regulated by the ASIC The company offers highly competitive spreads Trade via the MT4 platform FIX API availability as global as copy trading Cons: John Miller Author at 7 Binary Options. John has worked in investment australia for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics. Latest posts by John Miller see all Interview of Daria Glazko from IQ Option - July 20, IQoption Adds New Deposit Feature and Forms New Partnership - July 5, How Binary Options Changed My Life and Got Me Out of Debt - June 7, Australian Binary Options Brokers Is HighLow a Scam Vantage FX European Global Options Brokers Binary Options Regulations Trade. Leave a Reply Cancel reply Your email address will not be published. Best Auto Trading Robot. 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Battery backup models are available, sure, but they are not required around here.
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