Global Prime

I’d like to spread my risk around so I have a couple of brokers and while researching I thought I found ideal one. But just like how financial markets work it’s all truly based on deception.

GlobalPrime.com.au | Forex Brokers Reviews | Forex Peace Army

Global Prime

stevehopwoodforex.com • View forum - Global Prime - Official Forex Broker of the Steve Hopwood Forum

Thanks to AusDoc everything looks rosy until you start breaking down their PDS.

Introducing Global Prime Forex

https://www.globalprime.com.au/wp-content/uploads/2016/02/Global-Prime-Product-Disclosure-Statement.pdf

Transparency?

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You tried them?

Global Prime notified me less than 48 hours before the ASIC Product Intervention Order took effect (which significantly reduced retail traders leverage), resulting in me losing nearly $15,000 in my account.

ASIC announced the change 5 months ago. but I was told about it on Thursday afternoon. They said I could either deposit $100,000 to cover the leverage reduction that would take place in the next couple of days, or my account would easily go into margin call and pretty much all my open trades would be closed.