Options Account

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This regulatory body is responsible for overseeing the functioning financial businesses in the Australian market.

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The body in particular monitors forex brokers. The company is based prime binary options Australia and offers its brokerage services online from its headquarters in Sydney, Australia.

Our Features

While located in Australia it still offers its services across the world. As a rule of thumb, we always advise that traders choose a forex broker that is strictly regulated especially in a country where the trader resides.

Resources for Victims Binary Options Fraud Much of the binary options market operates through Internet-based trading platforms that are not necessarily complying with applicable U. Investors should be aware of fraudulent promotion schemes involving binary options and binary options trading platforms. What is a Binary Option? Once the option is acquired, there is no further decision for the holder to make regarding the exercise of the binary option because binary options exercise automatically.

In this respect, Global Prime is a good choice for any broker. Global Prime has stated that part of its goal is to provide traders with the best possible trading experience. Plus, the company has a demo account which gives traders a feel for how the broker and the platform works.


Some of the benefits of Global Prime are: Top notch customer service Excellent feedback from traders who have used the broker Reliable Blazing fast trade execution speeds i. One of the things worth noting about Global Prime is the fact that they have taken up an approach which ensures that they cater to traders of all types.

Trading and account conditions

Having one real money account means that anyone who is ready to trade does not get lost in all the ambiguity associated with multiple accounts. Also, before depositing real money its possible to use the demo account for free. People who are new to the world of trading will find that the demo account is an excellent way to get accustomed with the platform.

More experienced traders will use the demo account to try out new trading strategies. Traders can also choose how to pay a commission.

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They can either pay it separately or decide to have it as part of their spread. Even though Global Prime primarily targets Australia, it still accepts international traders. Global Prime unlike other brokers does not offer an Islamic trading account and does not comply with Sharia law.

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Payments can be processed in various ways i. Again this is the industry average.

prime binary options

Typical trading costs when using Global Prime is 1. Trading Platforms Supported Global Prime supports MetaTrader 4, which is by far the most popular trading platform available for desktop and smartphones.

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MetaTrader 4 has all the tools needed for any trader to execute trades while keeping an eye out for technical indicators, studying charts and a great backtesting platform. Traders can also incorporate Expert Advisers which helps them automate trading. Beeks FX servers prime binary options interestingly located in the very same data center as the MT4 servers for the broker.

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It is an excellent feature for clients who trade more than m a month. Global Prime allows the use of almost all types of trading strategies.

However, advanced copy trading can be used with Global Prime FX.

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Modes of Payment Global Prime Fx allows for standard room trading website methods i. Bank wire and Credit cards. Deposits are accepted in:.