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Global Prime - The World's Most Transparent ECN Broker?!

  • #141
  • Sep 6, 2021 1:34am Sep 6, 2021 1:34am
Quoting Jemook
{quote} Hi Marcus! Thanks for the kind words! Most of our support staff are clients that we've hired so you end up speaking to a trader like yourself. As a reference point for all our indices. 1 index point = 1 unit of base currency ie: AUS200 = 1 AUD - US500 = 1 USD - UK100 = 1 GBP etc You can find our product specifications here: https://www.globalprime.com/wp-conte...ices_specs.pdf Please let me know if you have further questions {quote} Hi Thomas! We stopped offering USDTRY since May 2020. Turkish authorities...
Interesting leverage you guys are running on HK50
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The more you learn, the more you see
  • #142
  • Sep 6, 2021 3:14am Sep 6, 2021 3:14am
Jeremy, can you list all the prop firms that use Global Prime as their broker at present?

TIA!
Amor Fati--F. Nietzsche
  • #143
  • Sep 9, 2021 5:32pm Sep 9, 2021 5:32pm
Quoting Jemook
{quote} Thanks for the vote of confidence! This is the magic that happens when your broker is on your side. As founder I actually get to hang out with our clients and learn from them as we explore the journey of FX together as allies rather than <insert adjective here>.
Hi Jeremy,
In relation to your questions for your broker could you tell me where my broker stands when he gave me the following answer:
The question was: Does he operate a B Book and can he give a receipt for any trade taken on my behalf?
Reply: X is a pure ECN broker so we do not have a B-Book
Also: We do not have receipts for the forex market because this is an over the counter, and our pricing and execution happen through several banks and liquidity providers.
Thank you for bringing some transparency to this seemingly very crooked market. I come from a generation where trust and integrity used to mean something.
Regards Brian.
  • #144
  • Sep 13, 2021 5:26am Sep 13, 2021 5:26am
Quoting fx75
{quote} so offshore client's only option is Seychelles?
Correct.

Quoting Marcusv007
{quote} Interesting leverage you guys are running on HK50 {image}
Mind DM'ing your account number? I'm not sure how your indicator is calculating but we couldn't see anything off on our side.

Quoting doji
Jeremy, can you list all the prop firms that use Global Prime as their broker at present? TIA!
1. Lux Trading Firm
2. BuoyTrading
3. Ikan Bilis (launched beta)

Quoting Brian214
{quote} Hi Jeremy, In relation to your questions for your broker could you tell me where my broker stands when he gave me the following answer: The question was: Does he operate a B Book and can he give a receipt for any trade taken on my behalf? Reply: X is a pure ECN broker so we do not have a B-Book Also: We do not have receipts for the forex market because this is an over the counter, and our pricing and execution happen through several banks and liquidity providers. Thank you for bringing some transparency to this seemingly very crooked market....
I can't speak to your broker but in general a broker will have a bridge/aggregator like OneZero or PrimeXM that stores the liquidity provider for every single order. All a broker has to do is screenshot the backend to show you who filled your trade. We've automated the solution with our Automated Trade Receipts so you can see all the information on any of your trades taken as they happen. Our Discord hangout is also a great form of transparency as our clients can hold us accountable publicly at any time in front of our community. Unfortunately most brokers will shy away from showing you post trade transparency or a public forum to drag 'em thru the mud if you need to. Leading the charge

Cheers,
Jeremy
  • #145
  • Sep 13, 2021 5:33am Sep 13, 2021 5:33am
Just uploaded a new video where we talk about how we exclusively hire our clients as support staff after getting to know them on our Discord hangout.

Inserted Video


If you are more the reading type here's the Medium Post from earlier:

How Global Prime Exclusively Hires its Clients as Staff

I go through the hiring journey of the last 10 years with Global Prime and talk about how we go about building individual relationships with our traders.

Cheers,
Jeremy
  • #146
  • Sep 15, 2021 12:05am Sep 15, 2021 12:05am
Got another video for you. This one is an interview with Vladimir Ribakov.

Friend of Global Prime, Vladimir Ribakov is a profitable trader and founder of the website Traders Academy Club.

In this candid interview we break down the walls and discuss the importance of trade journals and trading as part of a strong community.

Enjoy the interview!

Inserted Video


Cheers,
Jeremy
  • #147
  • Edited 11:30am Sep 23, 2021 11:17am | Edited 11:30am
Hi all. Is there account performance/statistics somewhere?
On TradingView only Daily results available.. and not very informative
Thanks
Air force
  • #148
  • Sep 23, 2021 6:47pm Sep 23, 2021 6:47pm
Quoting W0lfram
Hi all. Is there account performance/statistics somewhere? On TradingView only Daily results available.. and not very informative Thanks
Heya! When you trade on TradingView with Global Prime your trades are synchronised with our TraderEvolution platform. From inside your client portal you can find the TraderEvolution download link and use the same login credentials as your TradingView account. Inside TraderEvolution you should be able to find what you are looking for. Please let us know how you go.

Cheers,
Jeremy
  • #149
  • Sep 24, 2021 1:43am Sep 24, 2021 1:43am
When I first started trading more than 10 years ago I frequented forums such as Forex Factory to find a sense of community and mentorship.

Blast from the past going back to my first post here in 2012!

Community is everything to GP and it's pretty cool to be able to hangout with our clients here and on our Discord. Check out this video showing what goes on in our Discord including:

Mentors teaching, debates, discussions, trading competitions, chart analysis, and direct access to support from the team at Global Prime.

Inserted Video


Cheers
Jeremy
  • #150
  • Sep 24, 2021 7:15am Sep 24, 2021 7:15am
Discord solves alot, quicker than live chat in most circumstances. Weekends you guys are there. Midnight you guys are there. Holidays you guys are there. Good stuff. Closer to your clients. Enjoyed ever bit
Titan Black
  • #151
  • Oct 1, 2021 6:37am Oct 1, 2021 6:37am
Quoting Jemook
{quote} Correct. {quote} Mind DM'ing your account number? I'm not sure how your indicator is calculating but we couldn't see anything off on our side. {quote} 1. Lux Trading Firm 2. BuoyTrading 3. Ikan Bilis (launched beta) {quote} I can't speak to your broker but in general a broker will have a bridge/aggregator like OneZero or PrimeXM that stores the liquidity provider for every single order. All a broker has to do is screenshot the backend to show you who filled your trade. We've automated the solution with our Automated...
Your 1lot as a minimum sizing on Indices is bogus.... add to that your "intermittent hidden leverage acceleration when it suits" on what are already highly volatile assets, equals a recipe for taking traders out the game; it wasn't surprising to learn all the indice orders are "directed" to Vidarr who apparently GP have a business relationship with....

Your comments:
"for Global Prime FX UK entity and Mark Davison from Vidarr being attached to it – the company was incorporated to assist with payments services and since a UK director was required we chose Mark. It is a dormant company and no business has run through there since it was created."...

Seems to me a conflict of interest - All round!

Quoting Marcusv007
{quote} Interesting leverage you guys are running on HK50 {image}
Mind DM'ing your account number? I'm not sure how your indicator is calculating but we couldn't see anything off on our side.

The lesson has already been learnt.
The more you learn, the more you see
  • #152
  • Oct 3, 2021 4:42pm Oct 3, 2021 4:42pm
Connected to GlobalPrime vis Tradingview...

Here is my problem, over the weekend while doing analysis, I noticed huge gaps in the data, see the chart.

The last day was September 17 and happened in most pairs, not all, EURUSD is okay for example.

You can't contact TV except by Ticket, don't know how long that would take.

So I will try GlobalPrime chat.

I thought it would be okay when the market opened but doesn't look like it.

I have logged out, restarted, used the desktop app, the browser windows, all the usual basic error checking.

All drawing and indicators are hidden FYI, for clarity.
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Mystified, John
It takes a lot for me to IGNORE you, but you can try.
  • #153
  • Oct 3, 2021 5:53pm Oct 3, 2021 5:53pm
Regards the previous post, apparently, it is a system-wide fault and they have just become aware of it.

And it's a public holiday in Sydney the Help Center told me when I asked why they didn't send a broadcast email to inform clients.

So, we will see, they are on it...

At least it's not just me with the problem which is the usual case

It takes a lot for me to IGNORE you, but you can try.
  • #154
  • Oct 11, 2021 9:14pm Oct 11, 2021 9:14pm
Transparency!

Hello Jemook
Look at this screenshot taken from GP website
Are you sure it is the right current average spread for GP traders?
1. Don't you have different spreads for most of your traders, who do not ask in special a non-commission-free account, and then their spread gets bigger?
2. Even for clients who pay commission separately, not as part of the spread, can you assure here that the average spread they get for AUDUSD is 0.1 pip?
Please check your answer carefully before you answer here
3. Why don't you publish 2 different spread matrix's? One for most of the traders and one for those who pay commission separately?
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  • #155
  • Oct 12, 2021 12:45am Oct 12, 2021 12:45am
Hello

I launched Metatrader5 today and I entered ''GlobalPrime'' in the search of the demo server. It outputted a server "Global Prime Pty Ltd." and the URL of the blue link goes to http://www.gpptrading.com/
On a search engine, I find https://www.gpp.group/

Do you confirm that those websites and the server on metaQuotes for Metatrader5 are NOT run by you and that you have no tie to those "Global Prime Pty Ltd." ?
Do you confirm that you have no LIVE or DEMO servers for MT5?
Do you plan on offering MT5?
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  • #156
  • Oct 12, 2021 3:45am Oct 12, 2021 3:45am
Why not just look on their website?
Good Trading
  • #157
  • Oct 12, 2021 7:01am Oct 12, 2021 7:01am
why not just ask them instead of speculating?
  • #158
  • Oct 12, 2021 11:27pm Oct 12, 2021 11:27pm
Quoting Jannus
Jemook , Itry to get to GP web , some of the WEB info is broken and down load MT4 station , it come out empty . I am using VPS , Do you know what going on ?
Best to jump on livechat support or email [email protected] for any issues like this.

Quoting Erebus
Connected to GlobalPrime vis Tradingview... Here is my problem, over the weekend while doing analysis, I noticed huge gaps in the data, see the chart. The last day was September 17 and happened in most pairs, not all, EURUSD is okay for example. You can't contact TV except by Ticket, don't know how long that would take. So I will try GlobalPrime chat. I thought it would be okay when the market opened but doesn't look like it. I have logged out, restarted, used the desktop app, the browser windows, all the usual basic error checking. All drawing...
When we need to update TradingView chart data it's on their side to fix it. Can take some time vs traditional platforms where the broker has the ability to update charts on their end. This was all sorted out.

Quoting MT4-EA
Transparency! Hello Jemook Look at this screenshot taken from GP website Are you sure it is the right current average spread for GP traders? 1. Don't you have different spreads for most of your traders, who do not ask in special a non-commission-free account, and then their spread gets bigger? 2. Even for clients who pay commission separately, not as part of the spread, can you assure here that the average spread they get for AUDUSD is 0.1 pip? Please check your answer carefully before you answer here 3. Why don't you publish 2 different spread...
Our commission free accounts are still in beta phase and are currently not offered on our website and can't be applied for. When we look to offer both accounts then we can show the differences in spreads. That page you referenced should show when the spread averages was taken and we will have that updated.

Quoting Ieis5
Hello I launched Metatrader5 today and I entered ''GlobalPrime'' in the search of the demo server. It outputted a server "Global Prime Pty Ltd." and the URL of the blue link goes to http://www.gpptrading.com/ On a search engine, I find https://www.gpp.group/ Do you confirm that those websites and the server on metaQuotes for Metatrader5 are NOT run by you and that you have no tie to those "Global Prime Pty Ltd." ? Do you confirm that you have no LIVE or DEMO servers for MT5? Do you plan on offering MT5? {image}
We don't offer MT5 demo or live accounts although we do plan to offer it at some stage. Those companies you mentioned are not related to us. Feel free to use our Livechat for quick support

Cheers,
Jeremy
  • #159
  • Oct 13, 2021 7:05am Oct 13, 2021 7:05am
Quoting Jemook
We don't offer MT5 demo or live accounts although we do plan to offer it at some stage.
Very good. Please, sooner rather than later.
Return To Disorder
  • #160
  • Oct 13, 2021 8:27am Oct 13, 2021 8:27am
Quoting Jemook
{quote} Best to jump on livechat support or email [email protected] for any issues like this. {quote} When we need to update TradingView chart data it's on their side to fix it. Can take some time vs traditional platforms where the broker has the ability to update charts on their end. This was all sorted out. {quote} Our commission free accounts are still in beta phase and are currently not offered on our website and can't be applied for. When we look to offer both accounts then we can show the differences in spreads. That page you referenced...
Everything is great, until it isn't

Of course, I have a gold trade open



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