Forex.com
global prime
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Forex.com was founded in 2001 and is headquartered in United States, while global prime was established in 2018 and is based in United Kingdom. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Forex.com serves 150,000+ clients worldwide; global prime has 10,000+. The minimum deposit is Typical at Forex.com and $250 at global prime.
| Feature | Forex.com | global prime |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Regulation | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | 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 | 2001 | 2018 |
| Country | United States | United Kingdom |
| Clients | 150,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex.com and global prime, directly affecting your bottom line as a trader. global prime has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; global prime does not. Forex.com charges deposit fees; global prime does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex.com | global prime |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Forex.com offers MT4, MT5, cTrader, while global prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex.com supports social and copy trading features, which global prime does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex.com | global prime |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps | 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 Forex.com and global prime compare. Forex.com runs regular live webinars; global prime does not. Both provide video tutorials. Forex.com publishes daily market commentary; global prime does not. Both integrate third-party research tools. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Forex.com | global prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while global prime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). global prime uniquely supports Skrill and Neteller among the two brokers. global prime scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | global prime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and global prime offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and global prime supports 8, giving global prime broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | global prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |