Forex Financial Services
global prime
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Overview
Forex Financial Services was founded in 2008 and is headquartered in Australia, while global prime was established in 2018 and is based in United Kingdom. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while global prime is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; global prime has 10,000+. The minimum deposit is $2500 at Forex Financial Services and $250 at global prime.
| Feature | Forex Financial Services | global prime |
|---|---|---|
| Min. Deposit | $2500 | $250 |
| Regulation | Australian Securities and investment Commission (ASIC) | 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 | 2008 | 2018 |
| Country | Australia | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex Financial Services 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 $2500 at Forex Financial Services). global prime charges withdrawal fees while Forex Financial Services does not, giving Forex Financial Services an edge for frequent withdrawers. Forex Financial Services charges deposit fees; global prime does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex Financial Services | global prime |
|---|---|---|
| Min. Deposit | $2500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
Forex Financial Services offers MT4, MT5, cTrader, while global prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Financial Services supports social and copy trading features, which global prime does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex Financial Services | 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 | 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 Financial Services and global prime compare. global prime has a video library; Forex Financial Services does not. global prime integrates third-party research tools (Autochartist); Forex Financial Services does not. global prime scores higher overall in education and research.
| Feature | Forex Financial Services | global prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Financial Services 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 | Forex Financial Services | 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 Forex Financial Services and global prime offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Financial Services supports 2 languages and global prime supports 8, giving global prime broader global reach. Both brokers are comparable on support quality.
| Feature | Forex Financial Services | 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 |