Global Premier Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-27 18:17Abstract：Global Premier was established in South Africa in 2018 and is unregulated. It supports individual accounts and offers trading products of currencies and precious metals. It provides three types of accounts, with leverage up to 1:1000 and a minimum deposit of 10 USD. Additionally, it supports the popular trading platforms MT4 and MT5.
| Global Premier Review Summary | |
| Founded | 2018 |
| Registered Country/Region | South Africa |
| Regulation | Unregulated |
| Market Instruments | 200+ major currency, minor currency, exotic currency, precious metals |
| Demo Account | ✅ |
| Segregated Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT4/5 |
| Min Deposit | $10 |
| Customer Support | Tel: +27127436278 |
| Email: cs@globalpremier.com, contact@globalpremier.com | |
| Address: Unit 39, Norma Jean Square,244 Jean Avenue, Centurion | |
| Restricted Regions | The United States of America, Israel, New Zealand, Iran and North Korea (Democratic Peoples Republic of Korea) |
Global Premier was established in South Africa in 2018 and is unregulated. It supports individual accounts and offers trading products of currencies and precious metals. It provides three types of accounts, with leverage up to 1:1000 and a minimum deposit of 10 USD. Additionally, it supports the popular trading platforms MT4 and MT5.
Pros and Cons
| Pros | Cons |
| Segregated accounts | Regional restrictions |
| Demo accounts | Uregulated |
| Multiple account types | Limited tradable asset classes |
| Commission-free account offered | |
| Support MT4/5 | |
| Popular payment options | |
| Low minimum deposit |
Is Global Premier Legit?
No, Global Premier is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on Global Premier?
Global Premier offers more than 200 foreign exchange pairs, including major currencies, minor currencies, exotic currencies, and precious metals.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Precious metals | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
Global Premier offers three types of accounts.
| Account Type | Classic | Standard | ECN |
|---|---|---|---|
| Min Deposit | $10 | $50 | $10,000 |
| Max Leverage | 1:100 | 1:500 | 1:100 |
| Spread | From 2.2 pips | From 1.5 pips | From 0 pips |
| Commission | ❌ | $3 per side | $1.5 per side |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ✔ | / | Experienced traders |
Deposit and Withdrawal
Global Premier supports payments via UnionPay, Tether, VISA, MasterCard, and Bank Transfer.
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