We monitor competitors and always offer the highest cash back. In partnership with cashbackforex.com.
Global Prime Rebates | We Beat all offers

Global Prime Rebates | Best Rates on the Web

Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  Global Prime ECN
Forex$1.50 Per Lot - Monthly Cash Back --OR-- 22.85% - Direct Commission Reduction
Metals$1.50 Per Lot - Monthly Cash Back --OR-- 22.85% - Direct Commission Reduction
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
Commission reduction
By opening your account through us you'll trade on lower commissions!
  Global Prime ECN
Forex $1.50 Per Lot - Monthly Cash Back --OR-- 22.85% - Direct Commission Reduction
Metals $1.50 Per Lot - Monthly Cash Back --OR-- 22.85% - Direct Commission Reduction
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
Commission reduction
By opening your account through us you'll trade on lower commissions!
Promotions
Regulators

What Are Global Prime Rebates?

Global Prime rebates reduce the spread or transaction cost paid by a trader for each lot or fraction of a lot traded at Global Prime. In general, forex rebates can come in several different forms depending on each broker:
  • A pricing reduction made directly to the spread or commission cost.
  • A cash payment paid into the trader's account, typically daily.
  • A monthly cash payment made to the trader's selected payment method such as Paypal, bank wire, etc.

How do forex rebates work?

Brokers pay us a volume based commission for each trade placed by a client we send them. We then pay most of this commission back to our clients. We never work with brokers who attempt to raise spreads or worsen trading conditions for our clients, it's totally against our business model. Ultimately, you get a better deal going through us than direct to the broker. If it seems too good to be true and you're still skeptical, we understand! Just ask the broker about our program directly.

Which Global Prime rebate program is the best?

Our business model and theme is offering the highest rebate rates at every popular forex broker. We do this by adjusting our rates whenever we find a competitor offering more. We work with cashbackforex.com, the original and leading provider of forex rebates in order to provide top notch support and services. In addition, due to being the industry leader in client volume they have negotiated the highest commission rates and thus we can easily beat competitor rates. We also offer higher rebate rates than cashbackforex.com.

Will my Global Prime spreads increase?

There may be a few scammy forex rebate providers out there that do this but we do not. It would be deceptive, unethical, and totally against our business model, not to mention customers would quickly catch on and write horrible reviews! The easiest way to alleviate such a concern is just ask customer support at Global Prime.

How can it be better to work through a 'middle-man' than just working directly with Global Prime?

Global Prime rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.

A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.

Are Global Prime rebates worth the effort?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. Global Prime rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

Why don't you offer more forex rebate brokers?

We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.

How much Global Prime rebates can I earn?

Use our forex rebate calculator to estimate your Global Prime rebate earnings:

Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
$700.00
Profile
Global Prime
Global Prime is a trading name for GLOBAL PRIME PTY LIMITED, a company registered with the Australian Securities & Investments Commission (ASIC) with an Australian Financial Services License (Licence number 385620), ABN 74 146 086 017ACN 1465 086 017.

Accounts can be opened in base currencies of Australian Dollar (AUD), Canadian Dollar (CAD), Euro (EUR), British Pound (GBP), Singapore Dollar (SGD) and US Dollar (USD). Deposits can be made via Bank Wire or Credit Card and Customer Support is available 24/5 during market hours. There are 42 currency pairs that can be traded.

Client funds are held in a segregated trust account with Westpac Banking Corporation a AA rated Australian Bank.
Company Name Global Prime Pty Ltd
Year Founded 2010
Headquarters Australia
Office Locations Australia, China, Ukraine
Account Currency AUD, CAD, EUR, GBP, SGD, USD
Client funds bank Westpac Banking Corporation
Support Languages English, Polish, Portuguese, Czech
Funding Methods Bank Wire, BPAY, Credit/Debit Card
Financial Instruments Forex
24 hour support Yes
Segregated Accounts Yes
Islamic Accounts No
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo Yes
Trading API Yes
Account types

  Global Prime ECN
Commission$7.00 Per Lot Per 100K Traded
Maximum leverage200:1
Typical Spread 0.3
Mobile PlatformMT4 Mobile
Trading PlatformMT4
Spread TypeVariable Spread
Minimum Deposit500
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsNo
  Global Prime ECN
Commission $7.00 Per Lot Per 100K Traded
Maximum leverage 200:1
Typical Spread 0.3
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts No
Overall rating is an average of ratings from experts in 4 categories
Pricing
4.5 / 5
Regulation
4 / 5
Popularity
3 / 5
User rating
4 / 5
Source: fxverify.com > global-prime