Trading

Forex

Trade Forex CFDs

Forex CFD trading is our specialty. We compare and rank quotes from the world's largest and fastest non-bank market makers and select the most competitively priced. We regularly compare which providers have the best price and drop the ones who don't cut the mustard anymore. That way, you'll take comfort knowing you'll get the ultra competitive prices in the market, all day everyday.

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Benefits of Forex Trading

Start With Micro Lots

Practise position sizing with micro lots from 10c per pip.

Start small, build confidence

Start With Micro Lots

Wide FX Pair Range

Access a broad range of currency pairs from one trading account.

Majors, minors and exotics

Wide FX Pair Range

Trade Forex 24/5

Trade forex 24 hours a day, five days a week, from market open to close.

Access global markets

Trade Forex 24/5

Trade Both Ways

Take positions on rising or falling forex markets, depending on your view.

Go long or short

Trade Both Ways

Lower Forex Costs

Keep your trading costs down with competitive spreads, low commissions and deep liquidity.

Trade more efficiently

Lower Forex Costs

Compare Our Account Features

Standard

Raw

Spread From

0.9 Pips

0.0 Pips

Commission

A$0

A$3.5 per side each lot

Starting Deposit

$0

$0

Server Location

New York

New York

Micro lot trading (0.01)

Yes

Yes

Range of Markets

Access to 150+ global markets including FX, Indices, Commodities, Digital Currencies and more.

Access to 150+ global markets including FX, Indices, Commodities, Digital Currencies and more.

One Click Trading

Yes

Yes

Trading Styles Allowed

All

All

Order Distance Restriction

None

None

Suitable For

All Traders

All Traders

Forex CFD Trading Conditions

View our trading conditions across our full range of products to see how trading with Global Prime is your next best move.

 Spreads

1

Our spreads are consistently some of the best in the industry due to relationships with premier non-bank market makers and our dedication to lowering your trading costs.

  • Live Spreads
  • Historical Average Spread

 Margin & Leverage

2

Depending on where you live and which Global Prime entity you trade with, we offer flexible leverage to give traders.

  • Margin Call 100%
  • Margin Stop Out 50%

 Swap Fees

3

We go direct to some of the industry's leading market makers to provide traders with competitive rates across our range of markets.

  • Current Swap Rates
  • Overnight Interest Charges

Check our Market hours for open/trading hours across all of our products.

Market Hours
Forex

Frequently Asked Questions

What is Forex? And how does it work?

Forex is the term used to describe the 'Foreign Exchange Market, which is considered the most liquid financial market in the world. Trading forex involves buying one currency by exchanging it for another currency, the price of which is determined by supply and demand. Currency products are traded as pairs in which currencies are weighted against one another.

For instance, AUD/USD is the Australian dollar weighted against the US dollar. If you were to buy 1 lot of AUD/USD you would be buying 100,000 Australian dollars by delivering the equivalent (roughly 65,000 in US dollars.)

What is Forex margin?

Trading a leveraged product means that you have access to far more buying power within the market than your actual balance would allow. Accordingly, a "down payment" or "collateral" of sort is required in order for us to provide you the leverage you wish to trade with. This "collateral" is what is referred to as margin. Visit our Margins page for more information.

What is the maximum Forex leverage offered?

We offer competitive leverage rates which are determined by the Global Prime entity you register with. See our leverage here.

What are the Forex market hours/trading times?

The Forex market trades almost 24 hours a day 5 days a week from Monday to Friday. The hours are 5pm ET/EDT (New York) on Sunday afternoon/evening to 4:59pm ET/EDT (New York) on Friday afternoon/evening.

What GMT offsets are Global Prime's charts set to?

Global Primes charts are set to GMT +3 (DST) / GMT + 2 (non DST).

What are your commissions?

We only charge commissions on FX, Metals, and Crypto (0.1% on crypto trades). Our commissions start at USD $7 per 1 lot round turn. We do not charge commissions on Oil, Bonds, Commodities and Index instruments.

What platforms can I use to trade FX CFDs?

At Global Prime, you can trade FX CFDs on MT5 PC, MT5 Mac, MT5 Mobile, MT4 PC, MT4 Mac, MT4 Mobile or MT4 Webtrader. We'll also be introducing more platforms in the coming year such as TradingView.

What are the average spreads on FX CFDs?

Global Prime has some of the tightest Forex spreads in the world. You can find the average spreads across our range of Forex on our "Trading Conditions" page.

What is the maximum trade size I can execute on FX CFDs?

On FX CFD pairs, the maximum lot size per trade that can be executed is 1000 lots.

What is the minimum trade size I can execute on FX CFDs?

The minimum trade size that can be executed on FX CFDs is 0.01 lots.

Trust Pilot Reviews

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CFD Markets

Trade Global CFD Markets

Trade Over 250 Instruments from Around the World.

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Platforms

Choose Your Trading Platform

Trade on our powerful and secure platforms, including MetaTrader 5 across desktop and mobile.

Refer a Friend

Refer a friend and choose your reward: a one-off bonus or reduced commissions on your trades.

Refer a Friend
Partner With Us

Partner with a Trusted Global Broker

Start Trading In Minutes. Opening a trading account with Global Prime is easy and fast.

Get Started

Ready to
Start Trading?

Back yourself with a #1 Rated Broker*

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Fund your account with over 20+ instant deposit methods. AUD, CAD, EUR, GBP, JPY, SGD or USD - save on conversions!

Trading derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Past performance of any product described on this website is not a reliable indication of future performance. You should consider whether you’re part of our target market by reviewing our Target Market Determination, and read our PDS and other legal documents  to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary. Global Prime is not able to take clients from Afghanistan, Congo, Iran, Iraq, Myanmar, New Zealand, North Korea, Palestine, Russia, Somalia, Sudan, Syria, Ukraine, Ontario, Yemen, Japan or the United States or its territories. The information on this website is not intended to be an inducement, offer or solicitation to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017) and is regulated in Australia under Australian Financial Services License No. 385620.

© Copyright year FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia. All trademarks, service marks, trade names, trade dress, product names and logos appearing on the site are the property of their respective owners.
*Based on a May 2025 survey by forexpeacearmy.com among brokers with at least 100 reviews. Find more information about ratings and reviews here.
^Awarded “Best Execution Broker 2025” by TradeProofer unparalleled trade execution, transparency, and client-focused service.