Global Prime Forex Broker Review, Is Global Prime Regular?

In the FTI app,US most Large foreign exchange dealers you can refer to the top 100 forex brokers for your trading needs. If the broker is not in the top 100, please pay close attention to its regulatory licences, white label relationships and risk warnings.

The Forex market is the largest and most active financial market in the world, attracting countless investors to participate. However, there are a number of risks hidden in this market full of opportunities. Today, we will review a forex broker called Global Prime to see if it is trustworthy for investors. 

Founded in 2011, Global Prime is a forex broker based in Australia. In terms of global rankings, it is ranked 132nd out of 132 brokers. The company offers 2 MT4 servers, both located in the United States. In terms of master-white label relationships, Global Prime has 2 affiliated brokers, with Gleneagle operating only overseas and the other affiliated broker operating normally.

In terms of regulatory licences, Global Prime is regulated by the Australian Securities and Investments Commission (ASIC) and has obtained the MM Market Maker Licence. The specific information is as follows:

-Name: GLOBAL PRIME PTY LIMITED

-Licence Number: 385620

-Status: Current 

Despite Global Prime's formal financial regulation, there are a number of potential risks that investors should be wary of when choosing a broker.

Firstly, Global Prime was created in a relatively short period of time, which may mean that it is inexperienced in the industry and investors need to be careful in assessing its stability and reliability.

Secondly, although Global Prime is regulated by ASIC in Australia, the risk of regulatory licences should not be ignored. Investors should understand that there are differences in regulatory strength and standards in different countries, so when choosing a broker, it is important to fully understand its regulatory background.

Finally, in terms of customer complaints, Global Prime platform has formal financial regulation, but there are still customer disputes. According to our understanding, Global Prime has 2 customer complaints, the complainant feedback Global Prime platform trading environment is poor, slippage is serious. This indicates that Global Prime has some problems with customer service and management, and investors should consider this risk when choosing.

In summary, Global Prime, as a forex broker, has certain risks in terms of regulation, experience and customer service. When choosing a forex broker, investors should fully understand its background, strength and reputation, and carefully assess all kinds of potential risks to protect their investment safety. 

There are several possibilities that cause Global Prime platform to be complained:

1, the risk of revealing is not done, so that investors do not have a good sense of risk in advance, once the loss occurs, it is easy to be emotionally unstable, causing complaints.

2, service, even if the best financial companies, it is impossible to always have customer service staff to do tracking service. And beforehand, the general financial companies will say the service is too high, so that investors feel too big a gap later.

3, the investor's own character reasons, many investors incurred losses is not because of the financial institutions, but their own, failed to find the real reason for the problem.

Stay away from low-rated, unregulated forex brokers!

Before trading, check the broker in the FTI app; if you encounter any problems, you can file a complaint for help.

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