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Global Prime fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: ASIC (AFSL 385620); VFSC (Company No. 40256). How Global Prime is regulated

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 the last thing to weigh here, and never the thing that should decide it.

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

Does Global Prime charge to deposit or withdraw?

Withdrawal fees: None internally.

What does Global Prime charge to hold a position overnight?

Overnight financing at Global Prime is recorded as both: overnight financing may be charged or credited.

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.

Fees at brokers under the same regulator

More about Global Prime