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Global Prime fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Global Prime's cost score.

Facts last checked . Read the full Global Prime review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, Raw
GBP/USD spread
Approx. 0.3 pips, Raw
Commission
$3.50 per side / $7 round turn, USD Raw account
All-in cost, EUR/USD
Approx. 0.8 pips
Spread type
Variable
Overnight swap
Both: overnight financing may be charged or credited
Withdrawal fee
None internally
Currency conversion
Conversion at applicable exchange rate

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Global Prime lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Global Prime fees

What is the EUR/USD spread at Global Prime?

Global Prime records an average EUR/USD spread of approx. 0.1 pips, Raw on a variable pricing model.

Does Global Prime charge commission?

Global Prime's commission is $3.50 per side / $7 round turn, USD Raw account. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does Global Prime charge to hold a position overnight?

Overnight financing at Global Prime is recorded as both: overnight financing may be charged or credited.

Fees at brokers under the same regulator

More about Global Prime