Blitzbrokers
global prime
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while global prime was established in 2018 and is based in United Kingdom. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while global prime is regulated by Financial Conduct Authority (FCA) among others. Blitzbrokers serves 10,000+ clients worldwide; global prime has 10,000+. The minimum deposit is $1 at Blitzbrokers and $250 at global prime.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Securities and Futures Commission (SFC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F249 |
| Founded | 1982 | 2018 |
| Country | Hong Kong | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and global prime, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at global prime). global prime charges withdrawal fees while Blitzbrokers does not, giving Blitzbrokers an edge for frequent withdrawers. global prime charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while global prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which global prime does not offer. global prime edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and global prime compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while global prime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). global prime uniquely supports PayPal and Skrill and Neteller among the two brokers. global prime scores higher on deposit and withdrawal flexibility.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and global prime offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and global prime supports 8, giving global prime broader global reach. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | global prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |